https://www.mysst.customs.gov.my/assets/doc...arge%20Card.pdf (not gazetted)

16. Service tax shall be imposed on the date of issuance or renewal of the credit
card or charge card or on every twelve months after the date the card is issued or
renewed. There are three methods for the imposition of service tax:
(i) New card issued with a validity period for 1 year
Service tax shall be imposed on the date the card is issued

https://www.citibank.com.my/global_docs/pdf...dServiceTaxHOME (Same as above)


http://www.customs.gov.my/en/Documents/AKT...RDER%202018.pdf (gazetted)

3. (b) (i) RM25.00 shall be charged for each principal credit card or principal charge card, as the case may be, on the date the card is activated and every twelve months thereafter or part thereof after the card is activate;

https://www.pbebank.com/pdf/Cards/pds/pds-v...commercial.aspx (Public Bank pre-activates their cards. Just set the PIN and they're ready to be used)
The service tax will be collected on the date the card is activated, on the completion of each year or on the date of renewal of the card. This means that the above mentioned service tax shall be levied on the new charge card issued effective from 1 September 2018. For existing charge cards issued before 1 September 2018, the service tax shall be levied upon anniversary for card issuance.

This post has been edited by beLIEve: Sep 22 2018, 01:57 AM

Maybank credit card expiry date didn’t follow card issue date.. they based on 1st Maybank card expiry month. Eg. if my existing maybank2card expiry is January 2020, and I apply Maybank FCB card today, once Card issue, the card expiry date will be January 2023, so I need to pay RM25 in Sep (I.e. upon issuance), then, in Jan 2019, I need to pay sst again? Is this what SST charging method?

Logically speaking, no. The SST Act says during anniversary of card, not issuance. Banks can do what they want, you'll have to fight for your rights. You can start now if they say Jan, don't wait until the last minute.

I kena SST on my unused HSBC card. I left it in drawer for 1 year and suddenly kena SST only I remember I have the card. I called HSBC to cancel since it was not use. HSBC said cannot cancel until I settle the RM25 on a card I did not use. This is bullshit.

If I have usage in the card together during SST charges then I’m okay to pay. But now 0 usage but cannot cancel card until I pay rm25 is pure bullshit

so for maybank 2 card that share the same account, does SST apply to both card or just 1 card?

Last time was one, if I remember correctly. Not sure about latest SST.

both cards will get slapped with rm25 per card

BUT, now you can cancel the useless m2c visa/mastercard. give them the reason "due to SST".

i park all the bt in the useless visa...will that prevent the cancelation

ask to transfer to ur amex

ok that's kinda good news


but I need to get another credit card first. not every place accept AMEX unfortunately

i called public bank regarding this, they happily gave me back my 25 as cash rebate on one card that i use more often. Cancelled the tax and another card that i dont use that often

delete

This post has been edited by hc7840: Oct 16 2018, 09:39 PM

malaysia dah nak bankrupt. Semua pun mau charge. Bloody fool donate so much to tabung harapan to "save our nation" hahaha. Now kena hit back left right up down squeezing $$$$ from you.

HSBC called me back. The senior marketing said they can offset the SST. Pay first and they will offset it in the next cycle. I can decide to keep or cancel the card after that. So this is a good customer service. Can consider keeping the card for now

sigh so far most disappointed with nobita. as opposition talk kok a lot oppose sst on credit card, now he himself in power - same shit.

next renewal mean every 5 years right? get my platinum last year, expiry date is 2022?

lol every year la dei

Terima kasih PH! topkek

Worse comes to worst, use your Maybank debit card

Thank you Nobita