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> SST CREDIT CARD, incoming???

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ezrachan
post Aug 25 2018, 01:20 PM

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Rm25 will be charge for the renewal of the card upon the card had expired. Let's say I have another 4 years until my card expiry. Then I will not be charged until the renewal.
vassilius
post Aug 25 2018, 01:21 PM

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fuck shit... plz no to every CC charge RM50 like last time ranting.gif
Cookie101
post Aug 25 2018, 01:22 PM

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QUOTE(ezrachan @ Aug 25 2018, 01:20 PM)
Rm25 will be charge for the renewal of the card upon the card had expired. Let's say I have another 4 years until my card expiry. Then I will not be charged until the renewal.
*
ohmy.gif

its anniversary year- not upon expiry renewal...

whistling.gif
unknown_2
post Aug 25 2018, 01:36 PM

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QUOTE(smallcrab @ Jul 19 2018, 06:01 PM)
Any answer yet?

Coz i have around 8-10 credit cards, mostly unused and ready to cancel if kena SST
*
cancel je la.
i also hav tons of credit cards, but actual use is 2 or 3 only.
& on those that i use, the yearly benefits or cash bck i got is way more than rm25.
so i'm not upset at all.
ezrachan
post Aug 25 2018, 01:45 PM

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QUOTE(Cookie101 @ Aug 25 2018, 01:22 PM)
ohmy.gif

its anniversary year- not upon expiry renewal...

whistling.gif
*
I see..thank you for ur explaination
ykj
post Aug 25 2018, 01:49 PM

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Since when we pay RM 25 for credit card since 90s ? It was introduced during Najib's administration.

Get the facts right!
SUStsunade
post Aug 25 2018, 02:21 PM

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more job openings for credit card call centers laugh.gif
andrekua2
post Aug 26 2018, 11:42 PM

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I'm happy...

Due to some cc users applying multiple cards and abusing it, now many cards have reduced their benefits. Now karma strike and they will have to cancel some of their cards. Hopefully once the cancellations rate goes high, they will reintroduce those benefits back.
thesoothsayer
post Aug 27 2018, 12:01 AM

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One of Najib's worst idea and LGE is copying it? Probably on track to be named as worst finance minister as well in the near future.

Also, someone remind him of his statement in 2009.

I think this time I'm going to vote against DAP in the by-election.
GuyM
post Aug 27 2018, 07:56 AM

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QUOTE(andrekua2 @ Aug 26 2018, 11:42 PM)
I'm happy...

Due to some cc users applying multiple cards and abusing it, now many cards have reduced their benefits. Now karma strike and they will have to cancel some of their cards. Hopefully once the cancellations rate goes high, they will reintroduce those benefits back.
*
The other main reason is bcos BNM has reduced the interchange earning resulting in reduced income to card issuer hence the lesser benefits

Separately banks are scrambling this week with retention plans
x3Kai
post Aug 27 2018, 09:36 AM

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service tax guide just out

QUOTE(ezrachan @ Aug 25 2018, 01:20 PM)
Rm25 will be charge for the renewal of the card upon the card had expired. Let's say I have another 4 years until my card expiry. Then I will not be charged until the renewal.
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QUOTE
Rate of Service Tax for Credit and Charge Cards
11. The rate of service tax on the provision of credit card or charge card services is RM25 per year on the principal and supplementary card.
12. The service tax is chargeable on the date of the issuance of the card and every 12 months thereafter or part thereof after the issuance of the card or on the date of the renewal of the card and every 12 months thereafter or part thereof after the renewal of the card.


gotta cancel the trash hsbc amanah "platinum" card, hahaha the name of the card
any idea what will happen to those 2 card packages? (maybank 2 cards, public bank quantum cards) i'm assuming rm 25 for each, fk that.. i only use mbb amex and pbb master lol

This post has been edited by x3Kai: Aug 27 2018, 09:40 AM
The_Rock
post Aug 27 2018, 09:39 AM

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We all keep getting fcuked upside down by old and new government
ykj
post Aug 27 2018, 02:30 PM

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QUOTE(andrekua2 @ Aug 26 2018, 11:42 PM)
I'm happy...

Due to some cc users applying multiple cards and abusing it, now many cards have reduced their benefits. Now karma strike and they will have to cancel some of their cards. Hopefully once the cancellations rate goes high, they will reintroduce those benefits back.
*
Good luck with that hope. It is our poor economy and lower overall spending power driving the banks to reduce benefits. Besides that the more the credit card holders, the better the bank can offer better benefits.

Look at Maybank which has the biggest customer pool in Malaysia, their local cards'benefit always more attractive.
cybpsych
post Aug 27 2018, 02:53 PM

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QUOTE(cybpsych @ Aug 27 2018, 02:46 PM)
just called maybank CS for some SST questions:

1) TreatsPoints redemption = 12,500TP for RM25 SST. If not mistaken, pre-GST time, also same 12.5kTP redemption for RM50

2) no news yet for M2C. definite answer is 2xRM50 charging as expected. whether got auto-waiver for either card, no communications yet. info would be released soon.

3) confirm effective 1 Sep 2018. kinda odd because banks need at least 21 days to make changes, i guess they are using the Govt as excuse, whereby the CS quickly said the SST was due to Govt's requirements laugh.gif
*
ykj
post Aug 27 2018, 03:06 PM

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Which other country in the world charges this credit card owner tax? They make it sound like a freaking norm.
letze
post Aug 28 2018, 10:12 PM

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What about the cc that we got free when success applying house/car loan. That cc not yet activate. It will got charged too?
SUScitacitata
post Aug 28 2018, 10:17 PM

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QUOTE(letze @ Aug 28 2018, 10:12 PM)
What about the cc that we got free when success applying house/car loan. That cc not yet activate. It will got charged too?
*
You
letze
post Aug 28 2018, 11:47 PM

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QUOTE(citacitata @ Aug 28 2018, 10:17 PM)
You
*
You mean yes?
cybpsych
post Aug 28 2018, 11:54 PM

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QUOTE(letze @ Aug 28 2018, 10:12 PM)
What about the cc that we got free when success applying house/car loan. That cc not yet activate. It will got charged too?
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yes cuz already issued to you!

never leave unactivated card alone. either u use it or terminate. there's no middle way laugh.gif
sjz
post Aug 30 2018, 11:46 AM

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QUOTE(thesoothsayer @ Aug 27 2018, 12:01 AM)
One of Najib's worst idea and LGE is copying it? Probably on track to be named as worst finance minister as well in the near future.

Also, someone remind him of his statement in 2009.

I think this time I'm going to vote against DAP in the by-election.
*
yes. jibby's idea in 2009 to get more money for his cincin.
LGE is opposing this same freaking CC tax back then in 2009.
and now he is imposing it.

such a wonderful finance minister he is.
thinking about our national debt everyday..
so please donate more to Tabung Harapan..

So yeah, we got a "BEST" finance minister in the making..
don't think you can find any finance minister on earth that just couldn't get over with the fault commited by previous government.

Come on,
You are now the government, find some way to rectify the problem instead of nagging to the media all day long.


a finance minister that only know how to calculate national debt in his own method rather than international standard adopted by all agencies including moody's.
his intention? to make national debt as high as possible, the higher the national debt to GDP percent, the better it is.
So he can brag about how bad the previous government is..

So far, did anyone come across our lovely finance minister announcing the plan for the future of our country?
Rather than keep revealing some 'stolen' tax money.


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