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 SST CREDIT CARD, incoming???

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TSxuexueli
post Jul 19 2018, 06:00 PM, updated 6y ago

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http://www.theedgemarkets.com/article/serv...sed-part-sst-20

KUALA LUMPUR (July 19): Service tax on credit or charge cards, which was scrapped when the goods and services tax was implemented back in 2015, has made its way back in the proposed new model for the sales and services tax (SST), which is deemed SST 2.0, that is due to be implemented on Sept 1.

According to the Royal Malaysian Customs website, under the Frequently Asked Questions on Service Tax, the following was stated as Question 35:

Q: Will I be charged RM25 on existing credit or charge card on Sept 1, 2018?

A: The existing effective period of the card will not be subject to service tax of RM25 until the next annual renewal.

In other words, the service tax of RM25 on each credit or charge card that an individual owns will be charged upon renewal of the card.

It should be noted that the amount is less compared to the old service tax model. Under the old service tax model, a service tax of RM50 a year on each principal credit card and charge card, and a service tax of RM25 a year on each supplementary card was implemented.

Under SST 2.0 the RM25 charge will be applied to each credit or charge card, regardless if it is a principal or supplementary card.

This post has been edited by xuexueli: Jul 22 2018, 07:22 AM
smallcrab
post Jul 19 2018, 06:01 PM

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Any answer yet?

Coz i have around 8-10 credit cards, mostly unused and ready to cancel if kena SST
techfreakguy
post Jul 19 2018, 06:11 PM

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GG SST. That's the biggest blow for me up until now. Been using CC for fuel and cashback.
ak101ss
post Jul 19 2018, 06:23 PM

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Alright, time to cancel Citibank credit cards
k_yagami
post Jul 19 2018, 06:34 PM

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Last time it was RM50 for principal cards, RM25 for supplement cards, now reduced by half
H3artBreakKid
post Jul 19 2018, 06:37 PM

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shiiit, one maybank officer just called me this morning to help me apply their CC doh.gif
tadashi987
post Jul 19 2018, 06:38 PM

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oh sheet, gonna cancel now
andrewhtf
post Jul 19 2018, 06:40 PM

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Kanasai drink kopi starbak hari2 no problemo, RM25 a card a year so much ah ci ah chor.
bereev
post Jul 19 2018, 06:42 PM

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just ask the bank to replace new card so can have longer expire date biggrin.gif
Avangelice
post Jul 19 2018, 06:43 PM

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QUOTE(andrewhtf @ Jul 19 2018, 06:40 PM)
Kanasai drink kopi starbak hari2 no problemo, RM25 a card a year so much ah ci ah chor.
*
to them 250 in ten years x 3 cards banyak tu.

jfleong
post Jul 19 2018, 06:44 PM

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QUOTE(andrewhtf @ Jul 19 2018, 06:40 PM)
Kanasai drink kopi starbak hari2 no problemo, RM25 a card a year so much ah ci ah chor.
*
Some people have many credit cards, especially those without annual fees or those where annual fees can be waived easily, just in case any promo pops up
Now all those will have to be cancelled
Some have a few cards from the same bank, one for points , the other for cash back, another is store specific
sometimes cards comes bundled together
all of those will have to be cancelled.
Having 10 or more credit cards is not unusual nowadays
SUSolembet
post Jul 19 2018, 06:46 PM

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Padan muka!
ZeroSOFInfinity
post Jul 19 2018, 06:47 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
*
This is why I have mostly "free for life" CC.
TSxuexueli
post Jul 19 2018, 06:47 PM

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i have 4 cards.. rm25x4 =rm100 per year wor..

3 cards rarely use, so.....
SUSjudehow
post Jul 19 2018, 06:48 PM

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Confirm got charge?
SUSjudehow
post Jul 19 2018, 06:49 PM

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QUOTE(xuexueli @ Jul 19 2018, 06:47 PM)
i have 4 cards.. rm25x4 =rm100 per year wor..

3 cards rarely use, so.....
*
Cancel
TSxuexueli
post Jul 19 2018, 06:49 PM

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QUOTE(judehow @ Jul 19 2018, 06:49 PM)
Cancel
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yup... gonna do that.... soon...
bereev
post Jul 19 2018, 06:52 PM

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QUOTE(Killer_2020 @ Jul 19 2018, 06:45 PM)
but banks often have a replacement fee to change a card
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u say lost it

jumpercable
post Jul 19 2018, 07:10 PM

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QUOTE(andrewhtf @ Jul 19 2018, 06:40 PM)
Kanasai drink kopi starbak hari2 no problemo, RM25 a card a year so much ah ci ah chor.
*
Most Starbucks drinkers are not old enoigh to own credit cards yet. Maybe you’re one of them?
SUSweyyt
post Jul 19 2018, 07:11 PM

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Sohai la this sst thing.
andrewhtf
post Jul 19 2018, 07:23 PM

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QUOTE(jfleong @ Jul 19 2018, 06:44 PM)
Some people have many credit cards, especially those without annual fees or those where annual fees can be waived easily, just in case any promo pops up
Now all those will have to be cancelled
Some have a few cards from the same bank, one for points , the other for cash back, another is store specific
sometimes cards comes bundled together
all of those will have to be cancelled.
Having 10 or more credit cards is not unusual nowadays
*
gua poorfag, BNM rule - salary below RM3k, maximum 2 cards only

QUOTE(jumpercable @ Jul 19 2018, 07:10 PM)
Most Starbucks drinkers are not old enoigh to own credit cards yet. Maybe you’re one of them?
*
i wish i have that much of money to splurge on drinking setarbak.
kanina wana survive untill next payday oso cannot, still got money drink expensip kopi?

This post has been edited by andrewhtf: Jul 19 2018, 07:24 PM
LamboSama
post Jul 19 2018, 07:27 PM

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QUOTE(ZeroSOFInfinity @ Jul 19 2018, 06:47 PM)
This is why I have mostly "free for life" CC.
*
Free from annual fee not SST.
SUSjudehow
post Jul 20 2018, 07:24 AM

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QUOTE(xuexueli @ Jul 19 2018, 06:49 PM)
yup... gonna do that.... soon...
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Try apply annual free it does help although benefits not good
Volfeed
post Jul 20 2018, 07:28 AM

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Before GST time it was RM50, and normally can be waived by the bank by certain condition. Let see how it goes now.
maxxxxx0123
post Jul 20 2018, 07:37 AM

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those tax are so meh

annual fee are the worse one especially those that cost more than 1k lol
thesoothsayer
post Jul 20 2018, 07:37 AM

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Another dumb ass, regressive move. Removing a more transparent and fairer tax for SST and now bringing back the credit card tax? Those credit card cashbacks are damn useful.
wotvr
post Jul 20 2018, 07:55 AM

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QUOTE(thesoothsayer @ Jul 20 2018, 07:37 AM)
Another dumb ass, regressive move. Removing a more transparent and fairer tax for SST and now bringing back the credit card tax? Those credit card cashbacks are damn useful.
*
This! I have been using credit cards to get cashback to lower my overall costs.

As long as those peasants enjoy not seeing the tax rate in their receipt then ok. We need to make the peasants happy. They don't mind paying the same price or slightly higher as long as they don't see the word 'tax' in their receipt.
bereev
post Jul 20 2018, 08:28 AM

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QUOTE(Killer_2020 @ Jul 19 2018, 07:07 PM)
lel, CIMB charged me for a lost card bangwall.gif

but spoke to the cs agent and they waived the fee since i was a long standing customers, though i dont know if they would do it for fee for all
*
not free also charge RM10 only
jason1986
post Jul 20 2018, 09:04 AM

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https://www.change.org/p/jason-ding-no-sst-...it-cards-please

Please sign and share!
Aparaa
post Jul 20 2018, 09:10 AM

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QUOTE(Volfeed @ Jul 20 2018, 07:28 AM)
Before GST time it was RM50, and normally can be waived by the bank by certain condition. Let see how it goes now.
*
Itu annual fee. Can be waived if you spend above certain amount
yhtan
post Jul 20 2018, 09:27 AM

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Time to potong some credit card


psyduck89
post Jul 20 2018, 09:52 AM

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sst gonna suck ur cash back to their pool..
Volfeed
post Jul 20 2018, 10:06 AM

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QUOTE(Aparaa @ Jul 20 2018, 09:10 AM)
Itu annual fee. Can be waived if you spend above certain amount
*
No, this one was charged starting in around 2010 if I am not mistaken. RM50 service tax + Annual fee. Depends on bank, they will absorb the sales tax. This RM50 was removed after GST implementation. GST was applied to annual fee & its service charge, but if your card has no annual fee and pay on time, no need to pay GST.
Jo_da48
post Jul 20 2018, 09:42 PM

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QUOTE(ZeroSOFInfinity @ Jul 19 2018, 06:47 PM)
This is why I have mostly "free for life" CC.
*
Free for life also kena lol...as long u hold Credit or charge card even sub card also kena

leonhang
post Jul 20 2018, 09:47 PM

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Get with the times

Get Debit Card or Mobile Payment

andyjyneo
post Jul 20 2018, 09:50 PM

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QUOTE(leonhang @ Jul 20 2018, 09:47 PM)
Get with the times

Get Debit Card or Mobile Payment
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Credit card > Debit Card & Mobile Payment
leonhang
post Jul 20 2018, 09:52 PM

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QUOTE(andyjyneo @ Jul 20 2018, 09:50 PM)
Credit card > Debit Card & Mobile Payment
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https://www.cnbc.com/2017/05/26/mark-cuban-...edit-cards.html

right cool2.gif

Credit card encouraged people to get credited (to borrow money) unlike Debit Card or Mobile Payment, which teaches you to manage your financial wisely
Twins10
post Jul 20 2018, 09:54 PM

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Is this tax confirmed?
andyjyneo
post Jul 20 2018, 09:54 PM

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QUOTE(leonhang @ Jul 20 2018, 09:52 PM)
https://www.cnbc.com/2017/05/26/mark-cuban-...edit-cards.html

right  cool2.gif

Credit card encouraged people to get credited (to borrow money) unlike Debit Card or Mobile Payment, which teaches you to manage your financial wisely
*
I agree.
CC is for those people who know how to control their financial properly.
If cannot control, better stick to DC or Mobile Payment.
leonhang
post Jul 20 2018, 10:10 PM

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QUOTE(andyjyneo @ Jul 20 2018, 09:54 PM)
I agree.
CC is for those people who know how to control their financial properly.
If cannot control, better stick to DC or Mobile Payment.
*
Change of stance I see hmm.gif
AyamBannedTwice
post Jul 20 2018, 10:27 PM

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Inilah 23billion yg dipulangkan kpd rakyat
My ass
max_cavalera
post Jul 20 2018, 10:30 PM

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Shiite i got 3 cards 😨

And 2 of them combine limit...rm50 for both is expensive
andyjyneo
post Jul 20 2018, 10:43 PM

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QUOTE(leonhang @ Jul 20 2018, 10:10 PM)
Change of stance I see  hmm.gif
*
I didn't change my view.
For most of the people, still CC is better than DC.
Zaryl
post Jul 20 2018, 10:44 PM

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Damn i got 4 credit cards now.

2 cimb mastercards
1 maybank visa & 1 mastercard

Actually i have only 2 cards; cimb & maybank.
Then after some time, they offered me free CC.
And i just accept thinking hey, maybe i can use the cards to specific use in order to get cashbacks.

Guess i gotta reduce them back to 2 cards now.
samjet
post Jul 20 2018, 11:39 PM

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Bank will waive bukan...
adamhzm90
post Jul 21 2018, 12:33 AM

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damn it i got 6 cc and each serve a purpose. aduiii
xiper
post Jul 21 2018, 12:55 AM

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QUOTE(adamhzm90 @ Jul 21 2018, 12:33 AM)
damn it i got 6 cc and each serve a purpose. aduiii
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1 for self, 1 for wife, 4 more for other gfs ?
otakotak
post Jul 21 2018, 01:05 AM

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abolish gst and falling back to old tax system should be easy and simpler to adapt
don't tell me before gst u r blindly paying that fee without even knowing why laugh.gif
Volfeed
post Jul 21 2018, 08:00 AM

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I hope the government would no reintroduce this annual tax. It will beat the purpose of having a cashback card then, unless the cashback amount yearly is more than that.
It was fine before 2010 without this tax.
Twins10
post Jul 21 2018, 08:26 AM

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If they charge sst on transactions n rm25... it be more than just gst!


RE57
post Jul 21 2018, 09:53 AM

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Most of time will get rebate back. Last time rm50 also rebate balik. thumbup.gif this might make the sign up bonus more attractive in future. drool.gif
samming
post Jul 21 2018, 12:54 PM

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In my opinion...SST should not be imposed on credit card since it is used as a kind of proof of identity or digital certificate to facilitate online transaction. icon_idea.gif
AhBoy~~
post Jul 22 2018, 12:13 AM

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QUOTE(otakotak @ Jul 21 2018, 01:05 AM)
abolish gst and falling back to old tax system should be easy and simpler to adapt
don't tell me before gst u r blindly paying that fee without even knowing why laugh.gif
*
pakatan die hard supporter detected... yawn.gif
silent_stalker
post Jul 22 2018, 12:16 AM

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Guess gonna cancel mine. I dont use it much these days anyway
final
post Jul 22 2018, 02:08 AM

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shit...got few credit cards in hand.
Normally the banks will waive this RM 25 or not?
Theoutspokenguy
post Jul 22 2018, 02:09 AM

I buwee ktards ke ke
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QUOTE(andrewhtf @ Jul 19 2018, 06:40 PM)
Kanasai drink kopi starbak hari2 no problemo, RM25 a card a year so much ah ci ah chor.
*
starbak is for you to enjoy while RM25 is donation
otakotak
post Jul 22 2018, 02:21 AM

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QUOTE(AhBoy~~ @ Jul 22 2018, 12:13 AM)
pakatan die hard supporter detected...  yawn.gif
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why not die hard anti bn? cool2.gif
Neo8663
post Jul 22 2018, 02:23 AM

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LamboSama
post Jul 22 2018, 02:29 AM

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QUOTE(final @ Jul 22 2018, 02:08 AM)
shit...got few credit cards in hand.
Normally the banks will waive this RM 25 or not?
*
Not theirs to waive.
Can only absorb.
Or use points to cover.
kkk8787
post Jul 22 2018, 06:57 AM

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Confirmed already anot. If yes I wanna mass cancellation d. Ccb
cococonutseller
post Jul 22 2018, 07:40 AM

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Really fk this PH gov.. fkin idiot
final
post Jul 22 2018, 10:50 AM

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QUOTE(LamboSama @ Jul 22 2018, 02:29 AM)
Not theirs to waive.
Can only absorb.
Or use points to cover.
*
my cards due on Sept...
bad luck. hav to cancel if banks don't want to absorb.

Volfeed
post Jul 22 2018, 12:16 PM

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QUOTE(Elon Musk @ Jul 22 2018, 07:04 AM)
aiyoyo, rindu zaman najib......sad.gif
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This credit card SST was intoduced masa zaman Najib la.
munky
post Jul 22 2018, 12:20 PM

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hopefully all banks will absorb/waive the cost
jimbet1337
post Jul 22 2018, 12:45 PM

meh
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Last time it was RM50 per card right?
kkk8787
post Jul 22 2018, 12:52 PM

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QUOTE(jimbet1337 @ Jul 22 2018, 12:45 PM)
Last time it was RM50 per card right?
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Yes.
deeplyheartbroken
post Jul 22 2018, 12:59 PM

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SST has no charge for Credit cards since beginning until when Najib and UMNO decided to implement it.

Why is this customs director in charge? Where is our elected PH minister?
Zeroxhunter
post Jul 22 2018, 01:02 PM

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lucky im using "waived annual fee" CC. Else i gg
Cookie101
post Jul 22 2018, 01:12 PM

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Janji Ada capati.

Bole tambah dhal.

Well. A way to add sst collection. Cukur 23bil saved for citizen to spend.


cybpsych
post Jul 22 2018, 01:21 PM

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QUOTE(Zeroxhunter @ Jul 22 2018, 01:02 PM)
lucky im using "waived annual fee" CC. Else i gg
*
sst doesn't care if ur card got af or not.
deeplyheartbroken
post Jul 22 2018, 01:22 PM

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I already sent my feedback to PMO. Do your part guys

irc@jpm.gov.my


Phoenix_KL
post Jul 22 2018, 01:25 PM

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hahahaha
deeplyheartbroken
post Jul 22 2018, 01:34 PM

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Bankrupcy also involved majority from house loan and car loan too? Why not charge these service taxes too? It does not make any sense
jimbet1337
post Jul 22 2018, 04:11 PM

meh
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QUOTE(Zeroxhunter @ Jul 22 2018, 01:02 PM)
lucky im using "waived annual fee" CC. Else i gg
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Annual fee & the sst is 2 different thing altogether

TSxuexueli
post Jul 23 2018, 08:37 AM

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QUOTE(jimbet1337 @ Jul 22 2018, 04:11 PM)
Annual fee & the sst is 2 different thing altogether
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yup...


mt24
post Jul 23 2018, 08:40 AM

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Hv to maintain only 2 cc now visa and mastercard. The rest can cancel.
doppatroll
post Jul 23 2018, 08:51 AM

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bank should push more on debit card instead of credit card...but bank too greed because they feeding of interest and late payment.....going to maintain only 1 card for now
SKY233
post Jul 23 2018, 08:57 AM

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QUOTE(mt24 @ Jul 23 2018, 08:40 AM)
Hv to maintain only 2 cc now visa and mastercard. The rest can cancel.
*
UntilUComeBack
post Jul 23 2018, 09:12 AM

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time to cancel all helping people sign up for free.
damn it.
kiasunkiasi
post Jul 23 2018, 09:19 AM

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why complain? you applied for cards, you pay for them lah

I have four supplementary card to my wife, not counting mine, yet not complaining...
deeplyheartbroken
post Jul 23 2018, 10:10 AM

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Service fee for credit card is a joke. It was born out of Najib's crazy idea back then.

Similarly like if touch n go imposed a service fee on each card.

Convenience offered by banks, why government god damn kecoh.
Zot
post Jul 23 2018, 10:20 AM

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QUOTE(deeplyheartbroken @ Jul 23 2018, 10:10 AM)
Service fee for credit card is a joke. It was born out of Najib's crazy idea back then.

Similarly like if touch n go imposed a service fee on each card.

Convenience offered by banks, why government god damn kecoh.
*
Same thing. Merchants provide service, but govt collect service tax. Collect the profit tax is not la. If the merchant collect service fee, then calculate under revenue.
smallbug
post Jul 23 2018, 10:21 AM

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Time to cancel...sigh.....
TSxuexueli
post Jul 24 2018, 08:02 AM

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gov encourage cashless transaction... but now they imposing tax on cc..
kuci_mayong
post Jul 26 2018, 01:47 AM

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Why must charge rm25? Why can't it work the same way GST on credit card works? You only charge SST on the finance charges instead!!!
bluemeanie85
post Jul 26 2018, 02:26 PM

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if this is true, would we need to cancel the card before the service tax is charged? or after charge can call up CS to waive/cancel the card?
kuci_mayong
post Jul 26 2018, 09:31 PM

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I'm quite surprise that this is not getting as much coverage as it should. Right now I am paying zero GST, why would I want to pay rm25 SST per card?
LamboSama
post Jul 26 2018, 09:53 PM

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QUOTE(doppatroll @ Jul 23 2018, 08:51 AM)
bank should push more on debit card instead of credit card...but bank too greed because they feeding of interest and late payment.....going to maintain only 1 card for now
*
You forgot about the card renewal in 2016?
Debit not user friendly enough.
QUOTE(xuexueli @ Jul 24 2018, 08:02 AM)
gov encourage cashless transaction... but now they imposing tax on cc..
*
Different government laugh.gif
sjz
post Aug 5 2018, 07:44 PM

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QUOTE(xuexueli @ Jul 24 2018, 08:02 AM)
gov encourage cashless transaction... but now they imposing tax on cc..
*
if they start implement RM25 for SST.
this raise a question of whether they are serious in implementing their plans.
eg. moving towards cashless transactions while on the other hand implementing a new tax of RM25 per card.


not just on cashless but all their other plans.

we had seen numerous issues being raised lately including the UEC issue.


JuneResources
post Aug 9 2018, 09:12 AM

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Is this SST credit card "CONFIRM" to implement?
If confirm, it's soon on Sept onwards all call center will experience high volume call due to cancellation of card.

Be ready.. Stupid why impose this thing..
I rather gov impose SST if they late payment or any other penalty charges of credit card.
ben3003
post Aug 9 2018, 09:15 AM

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QUOTE(bereev @ Jul 19 2018, 06:42 PM)
just ask the bank to replace new card so can have longer expire date  biggrin.gif
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Annual renewal, don be sohai
thesoothsayer
post Aug 9 2018, 09:16 AM

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Well, if true, we should bombard Facebook and Twitter about this and compare to his statement in 2009 condemning Najib imposing a service tax on credit cards. Ridiculous.
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post Aug 9 2018, 09:31 AM

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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.
those that u use often, some bank will even absorb the charges for u if u ask nicely.
limeuu
post Aug 9 2018, 09:51 AM

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QUOTE(sjz @ Aug 5 2018, 07:44 PM)
if they start implement RM25 for SST.
this raise a question of whether they are serious in implementing their plans.
eg. moving towards cashless transactions while on the other hand implementing a new tax of RM25 per card.
not just on cashless but all their other plans.

we had seen numerous issues being raised lately including the UEC issue.
*
Cashless as based on debit cards and payment systems like alipay etc....no tax on these...

Those who feels it's not worth paying RM25 for a cc....just use debit card lah.... why so triggered?
happyking4ever
post Aug 9 2018, 10:07 AM

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QUOTE(limeuu @ Aug 9 2018, 09:51 AM)
Cashless as based on debit cards and payment systems like alipay etc....no tax on these...

Those who feels it's not worth paying RM25 for a cc....just use debit card lah.... why so triggered?
*
bcos debit card also cost RM8 per year tongue.gif

last time cc is free. people is mostly triggered bcos during the free fee period already accumulated too many credit cards. now have to cancel. for me only have 1 main cc card, i just pay the fee only. but if i have many cc that seldom use, i also will cancel most of them since there is no point to really keep them.

meanwhile, when ppl not keeping backup cc anymore, cashless sometimes fail when a single banking system has issue. and then people will still use cash. that's why people are questioning if really want to encourage cashless, so that BNM can save on cheque processing cost, and save on money printing cost, then why those savings cannot be used to justify all cc no need additional government tax?



This post has been edited by happyking4ever: Aug 9 2018, 10:09 AM
limeuu
post Aug 9 2018, 10:13 AM

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QUOTE(happyking4ever @ Aug 9 2018, 10:07 AM)
bcos debit card also cost RM8 per year tongue.gif

last time cc is free. people is mostly triggered bcos during the free fee period already accumulated too many credit cards. now have to cancel. for me only have 1 main cc card, i just pay the fee only. but if i have many cc that seldom use, i also will cancel most of them since there is no point to really keep them.

meanwhile, when ppl not keeping backup cc anymore, cashless sometimes fail when a single banking system has issue. and then people will still use cash. that's why people are questioning if really want to encourage cashless, so that BNM can save on cheque processing cost, and save on money printing cost, then why those savings cannot be used to justify all cc no need additional government tax?
*
Basic savings account debit card free....and many banks waive the fee anyway....

If charges is the issue, there are always free alternatives....just need to look a bit....
happyking4ever
post Aug 9 2018, 11:29 AM

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QUOTE(limeuu @ Aug 9 2018, 10:13 AM)
Basic savings account debit card free....and many banks waive the fee anyway....

If charges is the issue, there are always free alternatives....just need to look a bit....
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got this sort of thing ah? man all the banks i went to just tell me the atm card needs RM8 per year. greedy bastards. vmad.gif
RichardN
post Aug 9 2018, 11:50 AM

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LOL No wonder now so many gift for new credit card application lah...

Haha September onwards, those cc agent will throw more gifts and begging for sign up then...

Because, ppl no longer want to sign up too many cc as it became a burden. Just keep 2 different cards is sufficient enough
sjz
post Aug 9 2018, 07:00 PM

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QUOTE(limeuu @ Aug 9 2018, 09:51 AM)
Cashless as based on debit cards and payment systems like alipay etc....no tax on these...

Those who feels it's not worth paying RM25 for a cc....just use debit card lah.... why so triggered?
*
Either you did not own a credit card, rich and don't giv a damn about money at all or u r a loyal supporter of some political party.

LGE in particular isn't suppose to re-introduce this tax.

1st because he himself oppose it in 2009. WHAT GROUND does he have to re-introduce this credit card tax instead?

2ND this tax is INTRODUCED by JIBBY in 2009 when it has been abolished for 10 YEARS!!
So this is as good as a JIBBY TAX!!

So if you hate jibby so much and oppose the tax back then in 2009.
WHY on earth did you re-introduce this same fxxking tax when u become the minister? mad.gif mad.gif mad.gif
Sumofwhich
post Aug 9 2018, 07:56 PM

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You can't trust a politician.
Anyway is this official? https://www.thestar.com.my/business/busines...subject-to-sst/

My bad, it's still a proposal

This post has been edited by Sumofwhich: Aug 9 2018, 10:04 PM
limeuu
post Aug 9 2018, 09:44 PM

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QUOTE(sjz @ Aug 9 2018, 07:00 PM)
Either you did not own a credit card, rich and don't giv a damn about money at all or u r a loyal supporter of some political party.

LGE in particular isn't suppose to re-introduce this tax.

1st because he himself oppose it in 2009. WHAT GROUND does he have to re-introduce this credit card tax instead?

2ND this tax is INTRODUCED by JIBBY in 2009 when it has been abolished for 10 YEARS!!
So this is as good as a JIBBY TAX!!

So if you hate jibby so much and oppose the tax back then in 2009.
WHY on earth did you re-introduce this same fxxking tax when u become the minister? mad.gif  mad.gif  mad.gif
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I did not oppose the small charge on cc.....it was necessary to control consumer debt from abuse of the cc....

Normally, the bank should be the party to control cc ownership by eligibility control....but of course the bank will not....they make the most from cc debt....

If you cannot afford RM25 or 50 to own a cc....don't.
.. cashless payment system is just as easily implemented via debit cards....
sjz
post Aug 10 2018, 02:13 PM

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QUOTE(limeuu @ Aug 9 2018, 09:44 PM)
I did not oppose the small charge on cc.....it was necessary to control consumer debt from abuse of the cc....

Normally, the bank should be the party to control cc ownership by eligibility control....but of course the bank will not....they make the most from cc debt....

If you cannot afford RM25 or 50 to own a cc....don't.
.. cashless payment system is just as easily implemented via debit cards....
*
the responsibility of controlling personal debt lies with the consumer themselves.
if they choose to abuse the credit card to max credit limit buying luxuries they hardly needs, eventually leading to bad debts.
that is they bearing their own fruits.

A gov don't need to collect a RM25 tax and giving reason the RM25 tax will curb irrational credit card spending.
this is pure utter bullsxxt!

Come on!! Don't talk about affordability on a mere RM25 or RM50.
Do you think a mere RM25 per year will prevent people that tends to overspend on their credit card become discipline in card usage?
And do you think people with loads of card debts are able to cancel their card without clearing off the outstanding balance?
Of course they are forced to pay the RM25 tax to "save the nation" as they called it.


And people coming out with a statement like you "cashless payment system is just as easily implemented via debit cards"
obviously did not use debit card.
Did you ever try pumping petrol using debit card at petrol island?
limeuu
post Aug 10 2018, 03:11 PM

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QUOTE(sjz @ Aug 10 2018, 02:13 PM)
the responsibility of controlling personal debt lies with the consumer themselves.
if they choose to abuse the credit card to max credit limit buying luxuries they hardly needs, eventually leading to bad debts.
that is they bearing their own fruits.

A gov don't need to collect a RM25 tax and giving reason the RM25 tax will curb irrational credit card spending.
this is pure utter bullsxxt!

Come on!! Don't talk about affordability on a mere RM25 or RM50.
Do you think a mere RM25 per year will prevent people that tends to overspend on their credit card become discipline in card usage?
And do you think people with loads of card debts are able to cancel their card without clearing off the outstanding balance?
Of course they are forced to pay the RM25 tax to "save the nation" as they called it.
And people coming out with a statement like you "cashless payment system is just as easily implemented via debit cards"
obviously did not use debit card.
Did you ever try pumping petrol using debit card at petrol island?
*
From the responses here, it appears making a small charge works reasonably well to deter excessive cc ownership....lol

And of course you can pump petrol....debit cards are now mostly visa/MC based....works exactly like cc.....
sjz
post Aug 10 2018, 06:10 PM

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QUOTE(limeuu @ Aug 10 2018, 03:11 PM)
From the responses here, it appears making a small charge works reasonably well to deter excessive cc ownership....lol

And of course you can pump petrol....debit cards are now mostly visa/MC based....works exactly like cc.....
*
That's not my point.
I'm not sure whether you did use a debit card for petrol before

take your debit card and go pump RM10 at any petrol station island.
And now check your savings account balance and see how it goes.
limeuu
post Aug 10 2018, 08:24 PM

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QUOTE(sjz @ Aug 10 2018, 06:10 PM)
That's not my point.
I'm not sure whether you did use a debit card for petrol before

take your debit card and go pump RM10 at any petrol station island.
And now check your savings account balance and see how it goes.
*
As for cc, they block off 200, then after pumping, take the pumped amount unblock the rest...

If you don't want to get the 200 blocked, go to the counter and prepay a fixed amount....it be be deducted from your account as with any other DC purchases...
LamboSama
post Aug 10 2018, 08:30 PM

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QUOTE(limeuu @ Aug 10 2018, 08:24 PM)
As for cc, they block off 200, then after pumping, take the pumped amount unblock the rest...

If you don't want to get the 200 blocked, go to the counter and prepay a fixed amount....it be be deducted from your account as with any other DC purchases...
*
Most petrol counter dont accept card and if have to go counter already defeat the purpose of using card.
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post Aug 10 2018, 08:36 PM

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QUOTE(LamboSama @ Aug 10 2018, 08:30 PM)
Most petrol counter dont accept card and if have to go counter already defeat the purpose of using card.
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Yes they do....

And why is going to counter defeating "purpose" of using cards?....you don't go to supermarket and pay at the shelf....you go to check out counter....

Card payment at pump does not exist in many countries, including those with strong cashless payment system....eg Australia.... everybody pumps and go pay at the counter....
LamboSama
post Aug 10 2018, 08:57 PM

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QUOTE(limeuu @ Aug 10 2018, 08:36 PM)
Yes they do....

And why is going to counter defeating "purpose" of using cards?....you don't go to supermarket and pay at the shelf....you go to check out counter....

Card payment at pump does not exist in many countries, including those with strong cashless payment system....eg Australia.... everybody pumps and go pay at the counter....
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Because it waste time when you could have use at the pump
In my experience they don't.
Even when pay at pump not working.

If can pay at shelf, I would. Got such option?

This post has been edited by LamboSama: Aug 10 2018, 08:59 PM
limeuu
post Aug 10 2018, 09:09 PM

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QUOTE(LamboSama @ Aug 10 2018, 08:57 PM)
Because it waste time when you could have use at the pump
In my experience they don't.
Even when pay at pump not working.

If can pay at shelf, I would. Got such option?
*
while cashless payment is the ultimate objective....Payment systems still have to be secure....one way to hasten payment is self check outs as in commonly found in UK and Oz....some service stations in oz are already trying unmanned pumping and payment....
Pain4UrsinZ
post Aug 10 2018, 09:20 PM

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maybank card got 1 visa 1 amex, consider 1 or 2 ?
LamboSama
post Aug 10 2018, 09:39 PM

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QUOTE(limeuu @ Aug 10 2018, 09:09 PM)
while cashless payment is the ultimate objective....Payment systems still have to be secure....one way to hasten payment is self check outs as in commonly found in UK and Oz....some service stations in oz are already trying unmanned pumping and payment....
*
we are talking about malaysia. doh.gif
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post Aug 10 2018, 09:44 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
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Same here man
SUSjudehow
post Aug 10 2018, 09:46 PM

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Here one thing let's day my annul fee is wavie off after swiping 12 times so the things I spend will I get Sst or just pay what I spend?
kembayang
post Aug 10 2018, 10:00 PM

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I'm wondering if the card issuers will absorb this fee to attract the existing and potential CC users, since they did so before during Bijan time.
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post Aug 10 2018, 10:03 PM

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QUOTE(limeuu @ Aug 9 2018, 09:44 PM)
I did not oppose the small charge on cc.....it was necessary to control consumer debt from abuse of the cc....

Normally, the bank should be the party to control cc ownership by eligibility control....but of course the bank will not....they make the most from cc debt....

If you cannot afford RM25 or 50 to own a cc....don't.
.. cashless payment system is just as easily implemented via debit cards....
*
As usual, plotek mode is onnnnnn...

Plotekkkkkkk
limeuu
post Aug 10 2018, 10:19 PM

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QUOTE(Nama saya Amad @ Aug 10 2018, 10:03 PM)
As usual, plotek mode is onnnnnn...

Plotekkkkkkk
*
Not sure what you are trying to say.... when the BN gov introduced the charge on cc ownership, I agreed it was necessary to control private debt, especially cc debt....I disagreed with the opposition and LGE opposing it....

Now the pH gov LGE wants to introduce the same, I agree it's a necessary measure to control proliferation of cc....

So who am I protecting?
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post Aug 10 2018, 10:26 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
*
First cc should be free and each cc should be charged 25, 50, 75, 100, 125 respectively.
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post Aug 11 2018, 12:17 AM

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Why impose such ridicule measures to punish those financial mismanagement individual on those who know how to manage the debt well?

I am utterly disappointed if this is true
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post Aug 11 2018, 05:35 PM

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QUOTE(Pain4UrsinZ @ Aug 10 2018, 09:20 PM)
maybank card got 1 visa 1 amex, consider 1 or 2 ?
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called Maybank and asked, said it is consider 2 cards..if have supplementary cards then will be 4 cards which is RM100..

omg..
teehk_tee
post Aug 11 2018, 05:49 PM

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I wonder why ppl hv more than 3 cards

I rather have 2 cards, each card limit 300k

Than 5 cards 10k each
jfleong
post Aug 11 2018, 06:11 PM

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QUOTE(narf03 @ Aug 10 2018, 10:26 PM)
First cc should be free and each cc should be charged 25, 50, 75, 100, 125 respectively.
*
hard to implement because banks don't know how many cards you have with other banks
so this system would require that you pay the government directly, with the banks reporting to the government how many cards each person own, tracked by IC maybe ?
But it'll be really hard to make people pay
or if it's 1st CC per bank is free, then it defeats the purpose

I don't agree with this tax but I don't think it is burdensome either, just cancel your cards en masse like what I'm doing now. If you don't spend a lot then not using CC is also an option, just stick to debit cards
jfleong
post Aug 11 2018, 06:16 PM

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QUOTE(teehk_tee @ Aug 11 2018, 05:49 PM)
I wonder why ppl hv more than 3 cards

I rather have 2 cards, each card limit 300k

Than 5 cards 10k each
*
Because the more banks you have cards with, the higher your credit limit ?
Why limit yourself at 2 cards with 300k each when you can have 10 cards with 300k each ?
The credit limit offered to you by each bank is independent of the credit limit offered to you by other banks, if you have little to no outstanding balance
Also each card has different caps on cash back and different modes of cashback , for example card A provides 5% cashback on petrol, but only on weekends , limited to RM50 / month . Card B provide 5% cashback on petrol everyday , limited to RM50/month, then you pump using card B on weekdays and card A on weekends, to make sure that neither card will reach the limit
same thing with groceries. Once the cash back cap on this card runs out, use the next card

This post has been edited by jfleong: Aug 11 2018, 06:20 PM
ticke
post Aug 11 2018, 06:22 PM

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sst 1.0
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post Aug 11 2018, 06:33 PM

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QUOTE(jfleong @ Aug 11 2018, 06:11 PM)
hard to implement because banks don't know how many cards you have with other banks
so this system would require that you pay the government directly, with the banks reporting to the government how many cards each person own, tracked by IC maybe ?
But it'll be really hard to make people pay
or if it's 1st CC per bank is free, then it defeats the purpose

I don't agree with this tax but I don't think it is burdensome either, just cancel your cards en masse like what I'm doing now. If you don't spend a lot then not using CC is also an option, just stick to debit cards
*
i think they do share certain level of data, like if you have bad credit history with any banks, the rest of the banks knows too.
anakMY
post Aug 11 2018, 06:35 PM

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omfg, hv to make a plan which cc to cancel. F this SST
jfleong
post Aug 11 2018, 06:47 PM

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QUOTE(narf03 @ Aug 11 2018, 06:33 PM)
i think they do share certain level of data, like if you have bad credit history with any banks, the rest of the banks knows too.
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That is CCRIS, regulated by BNM.
Only for bad credit and current financial obligation (others loans, and monthly payment) not for info like how many cards you have, what is the credit limit on each card etc

This post has been edited by jfleong: Aug 11 2018, 06:48 PM
narf03
post Aug 11 2018, 06:55 PM

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QUOTE(jfleong @ Aug 11 2018, 06:47 PM)
That is CCRIS, regulated by BNM.
Only for bad credit and current financial obligation (others loans, and monthly payment) not for info like how many cards you have, what is the credit limit on each card etc
*
so its not difficult to share other info too, since all they need is amount of cc for each person maybe plus the credit limit, and they dont need to update all these info everyday.
jfleong
post Aug 11 2018, 07:02 PM

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QUOTE(narf03 @ Aug 11 2018, 06:55 PM)
so its not difficult to share other info too, since all they need is amount of cc for each person maybe plus the credit limit, and they dont need to update all these info everyday.
*
Privacy issues. I have serious concerns about the idea that banks can tell each other info about you like how many CC you have with them. Then maybe another bank will use this for marketing purposes and convince you to Balance Transfer to them. Under the current system other banks don't know anything unless you have defaulted
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QUOTE(jfleong @ Aug 11 2018, 07:02 PM)
Privacy issues. I have serious concerns about the idea that banks can tell each other info about you like how many CC you have with them. Then maybe another bank will use this for marketing purposes and convince you to Balance Transfer to them. Under the current system other banks don't know anything unless you have defaulted
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nope, not telling to each other banks, but to the gov ? since gov is the person who want to tax.
urbanite
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QUOTE(teehk_tee @ Aug 11 2018, 05:49 PM)
I wonder why ppl hv more than 3 cards

I rather have 2 cards, each card limit 300k

Than 5 cards 10k each
*
1 card for petrol
1 card for grocery
1 card for travel
1 card for cash back
1 card for CBTL
1 card for movies
1 card for online shopping
Different cards for dining discout

Etc etc

Maximize card benefits
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post Aug 11 2018, 07:07 PM

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QUOTE(narf03 @ Aug 10 2018, 10:26 PM)
First cc should be free and each cc should be charged 25, 50, 75, 100, 125 respectively.
*
Why?
jfleong
post Aug 11 2018, 07:12 PM

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QUOTE(narf03 @ Aug 11 2018, 07:05 PM)
nope, not telling to each other banks, but to the gov ? since gov is the person who want to tax.
*
but it's the banks who are collecting it on behalf of the government right ? Or do you propose that we pays straight to the government ? People might just ignore it ?

Banks tell gomen , then cardholders pay to gomen >> many might dodge
Banks tell gomen, gomen compile data, then gomen tells banks how much to collect >> too complicated and time consuming . Which card is considered "first" and when happens when the card you consider "first" is cancelled ? Bank tell gomen you cancelled that card and then gomen tells the next bank to not collect from you ? How long will this take ?
Banks tell other banks >> privacy issues
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post Aug 14 2018, 08:57 PM

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Why the government is not going to tax the rich more?

For those able to buy any cars with RM150K and above should pay more taxes. Should have added another 10% to it.

Also the road tax renewal, it should go by horse power... the large torch/horse power, the road tax should be higher..
A person brought a BMW 1.4 turbo at eg RM250K only pay a road tax less than it should be. Where as a person who is driving eg. Honda City with 1.5 pay the same amount of road tax. So this not right.

There are many more areas that the rich should contribute more. If you can afford to buy diamond right.. tax more, any housing 1 million and above tax more, any luxury item should pay more tax..

Come and go, still trying to tax the rakyat who are already struggling in daily living..

SST will highly possible bringing up the price of many goods again.. seems like some big corporation already announce that price will go up coming .. from the street... let's see and track the item you purchase.. and those working in companies, check your purchases, renewal and etc...

If the government want to revert to old SST, it should have no price increase from manufacturing down to the consumer level for a period of 1-2 years to stabilized the goods price and promote control environment better cost living. There is no law in place. I am not sure the how the new government want to control that. What is the enforcement going to be to ensure proper implementation and rakyet don't suffer?

Majority of the rakyat already suffer for past 10 years with cost of living sky rocket up... another implementation... another price adjustment?? up or down?? rakyat will be judging once in take place...

I hope the government will not give any excuses saying they cannot control this or that and giving nonsense and not keep to the promises they made.

We vote so hard for the change and also to lessen the burden of the people of the country, not to increase the cost of living more and more...




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post Aug 15 2018, 01:27 AM

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QUOTE(niceguypenang @ Aug 14 2018, 08:57 PM)
Why the government is not going to tax the rich more?

For those able to buy any cars with RM150K and above should pay more taxes. Should have added another 10% to it.

Also the road tax renewal, it should go by horse power... the large torch/horse power, the road tax should be higher..
A person brought a BMW 1.4 turbo at eg RM250K only pay a road tax less than it should be. Where as a person who is driving eg. Honda City with 1.5 pay the same amount of road tax. So this not right.

There are many more areas that the rich should contribute more. If you can afford to buy diamond right.. tax more, any housing 1 million and above tax more, any luxury item should pay more tax..

Come and go, still trying to tax the rakyat who are already struggling in daily living..

SST will highly possible bringing up the price of many goods again.. seems like some big corporation already announce that price will go up coming .. from the street... let's see and track the item you purchase.. and those working in companies, check your purchases, renewal and etc...

If the government want to revert to old SST, it should have no price increase from manufacturing down to the consumer level for a period of 1-2 years to stabilized the goods price and promote control environment better cost living.  There is no law in place. I am not sure the how the new government want to control that. What is the enforcement going to be to ensure proper implementation and rakyet don't suffer?

Majority of the rakyat already suffer for past 10 years with cost of living sky rocket up... another implementation... another price adjustment?? up or down?? rakyat will be judging once in take place...

I hope the government will not  give any excuses saying they cannot control this or that and giving nonsense and not keep to the promises they made.

We vote so hard for the change and also to lessen the burden of the people of the country, not to increase the cost of living more and more...
*
Irrelevant in this topic for sst credit card ...this has nothing to do with rich or poor, consumers choice to hold as many cards they like
Pacmangoku
post Aug 15 2018, 06:58 AM

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QUOTE(ZeroSOFInfinity @ Jul 19 2018, 06:47 PM)
This is why I have mostly "free for life" CC.
*
Will still be charged upon renewal.
holymushroom
post Aug 15 2018, 08:46 AM

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QUOTE(niceguypenang @ Aug 14 2018, 08:57 PM)
Why the government is not going to tax the rich more?

For those able to buy any cars with RM150K and above should pay more taxes. Should have added another 10% to it.

Also the road tax renewal, it should go by horse power... the large torch/horse power, the road tax should be higher..
A person brought a BMW 1.4 turbo at eg RM250K only pay a road tax less than it should be. Where as a person who is driving eg. Honda City with 1.5 pay the same amount of road tax. So this not right.

There are many more areas that the rich should contribute more. If you can afford to buy diamond right.. tax more, any housing 1 million and above tax more, any luxury item should pay more tax..

Come and go, still trying to tax the rakyat who are already struggling in daily living..

SST will highly possible bringing up the price of many goods again.. seems like some big corporation already announce that price will go up coming .. from the street... let's see and track the item you purchase.. and those working in companies, check your purchases, renewal and etc...

If the government want to revert to old SST, it should have no price increase from manufacturing down to the consumer level for a period of 1-2 years to stabilized the goods price and promote control environment better cost living.  There is no law in place. I am not sure the how the new government want to control that. What is the enforcement going to be to ensure proper implementation and rakyet don't suffer?

Majority of the rakyat already suffer for past 10 years with cost of living sky rocket up... another implementation... another price adjustment?? up or down?? rakyat will be judging once in take place...

I hope the government will not  give any excuses saying they cannot control this or that and giving nonsense and not keep to the promises they made.

We vote so hard for the change and also to lessen the burden of the people of the country, not to increase the cost of living more and more...
*
Be fair abit la. The rich u tot really owe to poor ppl like us meh. The rich already got taxed higher at income tax rate no brim and those expensive car is already at almost 100% tax rate. U still want to add on 10%?? Unless their tax rate is same as us, then I agree with u.


TheEvilMan
post Aug 15 2018, 08:56 AM

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QUOTE(jfleong @ Aug 11 2018, 06:16 PM)
Because the more banks you have cards with, the higher your credit limit ?
Why limit yourself at 2 cards with 300k each when you can have 10 cards with 300k each ?
The credit limit offered to you by each bank is independent of the credit limit offered to you by other banks, if you have little to no outstanding balance
Also each card has different caps on cash back and different modes of cashback , for example card A provides 5% cashback on petrol, but only on weekends , limited to RM50 / month . Card B provide 5% cashback on petrol everyday , limited to RM50/month, then you pump using card B on weekdays and card A on weekends, to make sure that neither card will reach the limit
same thing with groceries. Once the cash back cap on this card runs out, use the next card
*
but i only have 1 bank credit card and my limit is.... oh wai, me poorfag nia sad.gif
anonymous552235
post Aug 15 2018, 02:46 PM

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QUOTE(Pacmangoku @ Aug 15 2018, 06:58 AM)
Will still be charged upon renewal.
*
That was true for gst ...gov just wants ur money regardless wat the bank charge for sst
niceguypenang
post Aug 17 2018, 12:31 PM

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QUOTE(anonymous552235 @ Aug 15 2018, 01:27 AM)
Irrelevant in this topic for sst credit card ...this has nothing to do with rich or poor, consumers choice to hold as many cards they like
*
Sorry, most of us are not rich here, unless you are rich and owing luxury items. All of us have couple of credit card for the convenient used for cashback, points for gift redemption and etc. And many are good pay master, having these cards really help.

What I am saying is a general opinion only. Generally more education is required for consumer how to be prudent in spend.

The new government should tax those rich who are able to buy eg > RM150K car in their road tax or extra car taxes.

Taxing RM25 will only hurt the banking sectors most, people will start to cut their cards, reduce spending.
It will also hurt the share market as the banking sectors profit will reduce and share value will go down.

Overall the losers are all the consumer and banking sector and those shareholder of the stock market.

jimbet1337
post Aug 17 2018, 12:32 PM

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Still no confirmation? Need to wait until Sept 1st?
niceguypenang
post Aug 17 2018, 02:11 PM

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QUOTE(holymushroom @ Aug 15 2018, 08:46 AM)
Be fair abit la. The rich u tot really owe to poor ppl like us meh. The rich already got taxed higher at income tax rate no brim and those expensive car is already at almost 100% tax rate. U still want to add on 10%?? Unless their tax rate is same as us, then I agree with u.
*
May be you are rich fellow brother.

There is a limit ceiling at income tax at most max. is 28-29% after that they don't need to pay anything else in term of tax even if they earn 1,2,5 or more millions.

Maybe on the road tax, if you can buy a RM150K above car and pay only the same road or similar road tax rate, then it is not fair.

Remember those who purchase average car like honda city/vios or medium range also pay the similar tax rate on the car.

Also maybe the government should increase the income tax ceiling higher to 35% to tax more on the rich.

In Malaysia, most of the people earning bracket is still far below. Even most cannot afford to buy a house these days.
SUStiestoycc
post Aug 17 2018, 02:15 PM

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i thought before this got GST charges for CCs? no?
RichardN
post Aug 17 2018, 02:17 PM

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gosh... why credit/charge card need to be tax??

Still wanna encourage cashless transaction kah???
metalslug
post Aug 17 2018, 02:18 PM

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cybpsych
post Aug 17 2018, 02:35 PM

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QUOTE(jimbet1337 @ Aug 17 2018, 12:32 PM)
Still no confirmation? Need to wait until Sept 1st?
*
no confirmation yet. could be very very late, somewhere 3rd or 4th week of August.

RMCD havent even got final SST act ready. the relevant industry guidelines also not available.
holymushroom
post Aug 17 2018, 03:41 PM

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QUOTE(niceguypenang @ Aug 17 2018, 02:11 PM)
May be you are rich fellow brother.

There is a limit ceiling at income tax at most max. is 28-29% after that they don't need to pay anything else in term of tax even if they earn 1,2,5 or more millions.

Maybe on the road tax, if you can buy a RM150K above car and pay only the same road or similar road tax rate, then it is not fair.

Remember those who purchase average car like honda city/vios or medium range also pay the similar tax rate on the car.

Also maybe the government should increase the income tax ceiling higher to 35% to tax more on the rich.

In Malaysia, most of the people earning bracket is still far below. Even most cannot afford to buy a house these days.
*
Nooo I m poorfag but the way u say is like those rich hardworking smart earner have to pay for those who cant earn well. Is it fair to them?
Do u mean after you reach 1mil at 28% the rest u earn dont have to pay tax? I don think it is true lo. The rest of ur 5 mil still tax at 28%.

Even the rate is the same for middle range car but the tax amount is totally different. Eg 70k vs 150k. U see they already paid 80k more on tax?

For road tax the purpose is not to punish luxury car ma. It is used for maintaining the road. That y bigger cc car mpv lorry pay more road tax.

Those low earner like me got what to do with the rich? If you said about property price is higher becoz they flip. There is even rpgt on those area to tax on flippers.



niceguypenang
post Aug 17 2018, 04:09 PM

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QUOTE(holymushroom @ Aug 17 2018, 03:41 PM)
Nooo I m poorfag but the way u say is like those rich hardworking smart earner have to pay for those who cant earn well. Is it fair to them?
Do u mean after you reach 1mil at 28% the rest u earn dont have to pay tax? I don think it is true lo. The rest of ur 5 mil still tax at 28%.

Even the rate is the same for middle range car but the tax amount is totally different. Eg 70k vs 150k. U see they already paid 80k more on tax?

For road tax the purpose is not to punish luxury car ma. It is used for maintaining the road. That y bigger cc car mpv lorry pay more road tax.

Those low earner like me got what to do with the rich? If you said about property price is higher becoz they flip. There is even rpgt on those area to tax on flippers.
*
Wow.. you are so protective for the rich.. have kangtau or lobang from the rich guy for you to defend them???


The rich one should pay more share in tax.. that's an opinion.

Yes, if the taxable income is 5 million it still stay at 28%.. Government should increase the range higher until 35%.
tokdukun
post Aug 17 2018, 04:21 PM

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QUOTE(tiestoycc @ Aug 17 2018, 02:15 PM)
i thought before this got GST charges for CCs? no?
*
During GST, no charges.

But before GST, there was "prudence tax", RM50 for principal, RM25 supplementary card. Abolished when GST started.

Now back to SST, prudence tax returns, but flat RM25 for all credit card.
SUStiestoycc
post Aug 17 2018, 04:38 PM

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QUOTE(tokdukun @ Aug 17 2018, 04:21 PM)
During GST, no charges.

But before GST, there was "prudence tax", RM50 for principal, RM25 supplementary card. Abolished when GST started.

Now back to SST, prudence tax returns, but flat RM25 for all credit card.
*
is it? i guess i see wrong hahaha

i thought there is Annual Fee and GST charge... hmmm
holymushroom
post Aug 17 2018, 04:40 PM

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QUOTE(niceguypenang @ Aug 17 2018, 04:09 PM)
Wow.. you are so protective for the rich.. have kangtau or lobang from the rich guy for you to defend them???
The rich one should pay more share in tax.. that's an opinion.

Yes, if the taxable income is 5 million it still stay at 28%.. Government should increase the range higher until 35%.
*
not protective of them la but ur point to tax them more is like so... so i just want to show you, it might already be done in this way.

and if 1 day i become rich how? stay positive ma, we wont stay poor forever.

The rich one should pay more share in tax.. that's an opinion. they already pay more....

u need to think of the implication to yourself also ma if tax was raised. where got so simply only the rich will kena. i did some random search already shown not only the rich, everyone also will be affected.

https://midimagic.sgc-hosting.com/taxefect.htm
tokdukun
post Aug 17 2018, 04:42 PM

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QUOTE(tiestoycc @ Aug 17 2018, 04:38 PM)
is it? i guess i see wrong hahaha

i thought there is Annual Fee and GST charge... hmmm
*
Annual fee is charged by the bank, and GST is charged on that.

Prudence tax is directly charged by Kastam.
SUStiestoycc
post Aug 17 2018, 04:58 PM

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QUOTE(tokdukun @ Aug 17 2018, 04:42 PM)
Annual fee is charged by the bank, and GST is charged on that.

Prudence tax is directly charged by Kastam.
*
ohhhhh... so the GST is actually just 6% of the Annual Fee la

i see i see, thank you for the info!
tokdukun
post Aug 17 2018, 05:04 PM

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QUOTE(tiestoycc @ Aug 17 2018, 04:58 PM)
ohhhhh... so the GST is actually just 6% of the Annual Fee la

i see i see, thank you for the info!
*
Correct, if annual fee RM100, Kastam earn RM6 only.

Now Kastam earn directly RM25. Maslan sure happy say see, SST naikkan harga barang, GST turunkan harga barang blabla.
andyjyneo
post Aug 17 2018, 05:07 PM

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QUOTE(tokdukun @ Aug 17 2018, 05:04 PM)
Correct, if annual fee RM100, Kastam earn RM6 only.

Now Kastam earn directly RM25. Maslan sure happy say see, SST naikkan harga barang, GST turunkan harga barang blabla.
*
To add to your statement - If annual fee free for life, Customs get 0.
So you're right, Customs is very happy, Maslan is happy too.
smallikanbilis
post Aug 17 2018, 05:08 PM

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QUOTE(niceguypenang @ Aug 17 2018, 04:09 PM)
Wow.. you are so protective for the rich.. have kangtau or lobang from the rich guy for you to defend them???
The rich one should pay more share in tax.. that's an opinion.

Yes, if the taxable income is 5 million it still stay at 28%.. Government should increase the range higher until 35%.
*
If they increase the income tax rate will encourage more rich people to move to Singapore or HK where taxes are much lower.
glamour
post Aug 17 2018, 05:09 PM

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Aku pakai platinum debit card only
SUStiestoycc
post Aug 17 2018, 05:09 PM

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QUOTE(tokdukun @ Aug 17 2018, 05:04 PM)
Correct, if annual fee RM100, Kastam earn RM6 only.

Now Kastam earn directly RM25. Maslan sure happy say see, SST naikkan harga barang, GST turunkan harga barang blabla.
*
lol... damn it! that's true... i hope that can be waived too
tomato people
post Aug 17 2018, 05:11 PM

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Have 2 cc..gonna cancel 1
tokdukun
post Aug 17 2018, 05:12 PM

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QUOTE(andyjyneo @ Aug 17 2018, 05:07 PM)
To add to your statement - If annual fee free for life, Customs get 0.
So you're right, Customs is very happy, Maslan is happy too.
*
If LGE smart, he can counter say but now make online payment/transfer, no more GST or SST. Last time if IBG transfer, bank charge 10 sen, Kastam earn 1 sen, that's 10% GST rate yo. Pay by cheque got 50 sen charge, Kastam earn 3 sen.

Now zero, satu sen pun tak ada.

This post has been edited by tokdukun: Aug 17 2018, 05:12 PM
jfleong
post Aug 17 2018, 05:13 PM

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QUOTE(tiestoycc @ Aug 17 2018, 05:09 PM)
lol... damn it! that's true... i hope that can be waived too
*
Ultimately it will still cost you, because banks cannot "waive" it. They can offer to pay it for you or offer you cash backs , but still it will come out of your perks
If their perks decrease or gets restricted but they offer a RM25 cash back for spending money RMXX , you know why
andyjyneo
post Aug 17 2018, 05:16 PM

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QUOTE(tokdukun @ Aug 17 2018, 05:12 PM)
If LGE smart, he can counter say but now make online payment/transfer, no more GST or SST. Last time if IBG transfer, bank charge 10 sen, Kastam earn 1 sen, that's 10% GST rate yo. Pay by cheque got 50 sen charge, Kastam earn 3 sen.

Now zero, satu sen pun tak ada.
*
Correct, but CC got its own benefits. Hehe
tokdukun
post Aug 17 2018, 05:21 PM

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QUOTE(tiestoycc @ Aug 17 2018, 05:09 PM)
lol... damn it! that's true... i hope that can be waived too
*
Unlikely, LGE considers lowering to RM25 is good deal for taxpayers, half price vs old SST.

QUOTE(andyjyneo @ Aug 17 2018, 05:16 PM)
Correct, but CC got its own benefits. Hehe
*
Yea, cashback alone can cover cost of prudence tax.

But I got too many cards, I guess need to cancel those not actively used ones sweat.gif
SUStiestoycc
post Aug 17 2018, 05:28 PM

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QUOTE(jfleong @ Aug 17 2018, 05:13 PM)
Ultimately it will still cost you, because banks cannot "waive" it. They can offer to pay it for you or offer you cash backs , but still it will come out of your perks
If their perks decrease or gets restricted but they offer a RM25 cash back for spending money RMXX , you know why
*
QUOTE(tokdukun @ Aug 17 2018, 05:21 PM)
Unlikely, LGE considers lowering to RM25 is good deal for taxpayers, half price vs old SST.
Yea, cashback alone can cover cost of prudence tax.

But I got too many cards, I guess need to cancel those not actively used ones  sweat.gif
*
hmmm... no choice lo, just have to cancel those unused ones, damn it!
anonymous552235
post Aug 17 2018, 06:42 PM

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QUOTE(niceguypenang @ Aug 17 2018, 02:11 PM)
May be you are rich fellow brother.

There is a limit ceiling at income tax at most max. is 28-29% after that they don't need to pay anything else in term of tax even if they earn 1,2,5 or more millions.

Maybe on the road tax, if you can buy a RM150K above car and pay only the same road or similar road tax rate, then it is not fair.

Remember those who purchase average car like honda city/vios or medium range also pay the similar tax rate on the car.

Also maybe the government should increase the income tax ceiling higher to 35% to tax more on the rich.

In Malaysia, most of the people earning bracket is still far below. Even most cannot afford to buy a house these days.
*
I drive proton =)

As i said again, its not about rich or poor, its of owns control to their spending, my opinion too, no one wants to pay the government for something not rightfully theirs as auch tax
Pacmangoku
post Aug 17 2018, 10:14 PM

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Habislah got 10cards gona cancel half of them.
andyjyneo
post Aug 19 2018, 06:28 PM

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https://mysst.customs.gov.my/assets/documen...%20SERVICES.pdf

Latest list of mySST
ohnowhyme
post Aug 19 2018, 06:48 PM

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malcolm86
post Aug 19 2018, 08:31 PM

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QUOTE(niceguypenang @ Aug 17 2018, 02:11 PM)
May be you are rich fellow brother.

There is a limit ceiling at income tax at most max. is 28-29% after that they don't need to pay anything else in term of tax even if they earn 1,2,5 or more millions.

Maybe on the road tax, if you can buy a RM150K above car and pay only the same road or similar road tax rate, then it is not fair.

Remember those who purchase average car like honda city/vios or medium range also pay the similar tax rate on the car.

Also maybe the government should increase the income tax ceiling higher to 35% to tax more on the rich.

In Malaysia, most of the people earning bracket is still far below. Even most cannot afford to buy a house these days.
*
bro, u should check our malaysia's car excise duty before talk about road tax
tatamiusuka
post Aug 22 2018, 09:46 PM

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QUOTE(jfleong @ Aug 11 2018, 06:47 PM)
That is CCRIS, regulated by BNM.
Only for bad credit and current financial obligation (others loans, and monthly payment) not for info like how many cards you have, what is the credit limit on each card etc
*
Obviously you did not know what is show in crisis report.
Come on man. Go BNM or AKPK to apply for online CCRIS. Then you will know. All the thing is listed there. Even your debt is 0.
tatamiusuka
post Aug 22 2018, 09:50 PM

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QUOTE(teehk_tee @ Aug 11 2018, 05:49 PM)
I wonder why ppl hv more than 3 cards

I rather have 2 cards, each card limit 300k

Than 5 cards 10k each
*
Obviously, you did not see all the card benefit. Some of the card give you more advantage on some merchant. Other give you other benefit. Like some time Citibank offer book wth agoda you direct get RM50 rebate. Go shopping mall to walk around and you will see all this benefit.
fantasy1989
post Aug 22 2018, 09:54 PM

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just canceled two low usage card
fantasy1989
post Aug 22 2018, 09:57 PM

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QUOTE(teehk_tee @ Aug 11 2018, 05:49 PM)
I wonder why ppl hv more than 3 cards

I rather have 2 cards, each card limit 300k

Than 5 cards 10k each
*
different card got their own benefit

for me

buy coffee bean = citibank clear card (b1f1)
installment = maybank easy payment is the best
if buy flight ticket = cimb visa infinite (8x point oversea + free 1mil travel insurance)

my recent business trip get me free air purifier (exchange with point) biggrin.gif

This post has been edited by fantasy1989: Aug 22 2018, 09:59 PM
fantasy1989
post Aug 22 2018, 10:02 PM

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QUOTE(jfleong @ Aug 11 2018, 06:47 PM)
That is CCRIS, regulated by BNM.
Only for bad credit and current financial obligation (others loans, and monthly payment) not for info like how many cards you have, what is the credit limit on each card etc
*
you can purchase ctos report (which ctos get those result from CCRIS) . it clearly stated your past 2 year record and currently how many CC / loan and every individual card limit + outstanding from every bank

This post has been edited by fantasy1989: Aug 22 2018, 10:03 PM
iamnotkobe
post Aug 23 2018, 11:08 AM

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Thanks PH gov, couldn't express more of my gratitude for increasing my living cost
ju146
post Aug 23 2018, 11:12 AM

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QUOTE(fantasy1989 @ Aug 22 2018, 10:02 PM)
you can purchase ctos report (which ctos get those result from CCRIS) . it clearly stated your past 2 year record and currently how many CC / loan and every individual card limit + outstanding from every bank
*
why you need CTOS that literally doesn't represent anything? CCRIS is final and you can print it at BNM kiosk.
yhtan
post Aug 23 2018, 11:21 AM

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RM25 will be impose on annual basis following the card expiry month, let say your card is 11/20, which mean it will charge on Nov 2018.

For those who want to avoid this charge, please cancel before the expiry month. For new card application after Sept 2018, on the activation date itself will charge RM25.
kembayang
post Aug 23 2018, 11:30 AM

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So I have to pay RM50 in total for Maybank2Cards?
cybpsych
post Aug 23 2018, 11:56 AM

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QUOTE(lolento @ Aug 23 2018, 11:05 AM)
cybpsych
post Aug 23 2018, 11:57 AM

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QUOTE(kembayang @ Aug 23 2018, 11:30 AM)
So I have to pay RM50 in total for Maybank2Cards?
*
need to wait for maybank to formulate their approach.
ykj
post Aug 23 2018, 12:01 PM

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Credit card users should mass write up to ppm@pmo.gov.my to abolish this draconian tax on credit cards.
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post Aug 23 2018, 02:01 PM

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QUOTE(ju146 @ Aug 23 2018, 11:12 AM)
why you need CTOS that literally doesn't represent anything? CCRIS is final and you can print it at BNM kiosk.
*
yes and agree .. last time i am using ctos ..and once ccris got E-ccris? then i no longer see my report from ctos
ju146
post Aug 23 2018, 02:02 PM

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QUOTE(fantasy1989 @ Aug 23 2018, 02:01 PM)
yes and agree .. last time i am using ctos ..and once ccris got E-ccris? then i no longer see my report from ctos
*
Basically CCRIS is the thing, CTOS is probably syiok sendiri only
O-haiyo
post Aug 23 2018, 02:11 PM

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QUOTE(andrewhtf @ Jul 19 2018, 06:40 PM)
Kanasai drink kopi starbak hari2 no problemo, RM25 a card a year so much ah ci ah chor.
*
this is so true laugh.gif
EternalC
post Aug 23 2018, 02:16 PM

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wow

i ingat kalau undi PH boleh ringankan beban, terutamanya golongan kelas tengah, yang mana tiap tiap tahun setiap budget tahunan memang hampir tiada apa apa yang dibagi khas untuk golongan ini

padahal, makin tambah beban yang saya nampak. kalau camni, i undi bn lah namanya
GHBZDK
post Aug 23 2018, 02:19 PM

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is time to cancel yahoo

mahjeen
post Aug 23 2018, 02:22 PM

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QUOTE(EternalC @ Aug 23 2018, 02:16 PM)
wow

i ingat kalau undi PH boleh ringankan beban, terutamanya golongan kelas tengah, yang mana tiap tiap tahun setiap budget tahunan memang hampir tiada apa apa yang dibagi khas untuk golongan ini

padahal, makin tambah beban yang saya nampak. kalau camni, i undi bn lah namanya
*
Yea, ingat boleh ringankan beban middle class, manatau lagi beban untuk middle class.
EternalC
post Aug 23 2018, 02:25 PM

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QUOTE(mahjeen @ Aug 23 2018, 02:22 PM)
Yea, ingat boleh ringankan beban middle class, manatau lagi beban untuk middle class.
*
kan

but mereka cakap ini #malaysiabaru

aku nampak tak lah banyak baru pun
all the blame game here and there
yang nampak kerja dan action pun menteri komunikasi dan pengankutan


meanwhile middle class suffer on jer lah
SKY233
post Aug 23 2018, 02:25 PM

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QUOTE(EternalC @ Aug 23 2018, 02:16 PM)
wow

i ingat kalau undi PH boleh ringankan beban, terutamanya golongan kelas tengah, yang mana tiap tiap tahun setiap budget tahunan memang hampir tiada apa apa yang dibagi khas untuk golongan ini

padahal, makin tambah beban yang saya nampak. kalau camni, i undi bn lah namanya
*
bn rejoice brows.gif icon_idea.gif drool.gif
EternalC
post Aug 23 2018, 02:27 PM

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QUOTE(SKY233 @ Aug 23 2018, 02:25 PM)
bn rejoice  brows.gif  icon_idea.gif  drool.gif
*
boleh la i join macai macai bn ambik bonus goyang kaki drool.gif drool.gif
Honey Stars
post Aug 23 2018, 02:29 PM

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So the addage is true, doesn't matter who holds power, middle class always kena fucuk
mahjeen
post Aug 23 2018, 02:34 PM

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QUOTE(EternalC @ Aug 23 2018, 02:25 PM)
kan

but mereka cakap ini #malaysiabaru

aku nampak tak lah banyak baru pun
all the blame game here and there
yang nampak kerja dan action pun menteri komunikasi dan pengankutan
meanwhile middle class suffer on jer lah
*
Yes, tak banyak baru pun. i more prefer the last time GST where it wont imposed any tax on no annual fee card.
We vote for PH is to improve the nation and also reduce the burden of rakyat.
I have 6 credit card with zero annual fee card. means that i will kena 150 for the SST.
MeToo
post Aug 23 2018, 02:37 PM

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QUOTE(mahjeen @ Aug 23 2018, 02:34 PM)
Yes, tak banyak baru pun. i more prefer the last time GST where it wont imposed any tax on no annual fee card.
We vote for PH is  to improve the nation and also reduce the burden of rakyat.
I have 6 credit card with zero annual fee card. means that i will kena 150 for the SST.
*
well it comes down to.... do u need 6 card?
EternalC
post Aug 23 2018, 02:37 PM

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QUOTE(mahjeen @ Aug 23 2018, 02:34 PM)
Yes, tak banyak baru pun. i more prefer the last time GST where it wont imposed any tax on no annual fee card.
We vote for PH is  to improve the nation and also reduce the burden of rakyat.
I have 6 credit card with zero annual fee card. means that i will kena 150 for the SST.
*
they will say u rich enough to get 6 cards, so must pay la

same old same old

nothing really changed really, apart from some candies given at the cost of others
ganz
post Aug 23 2018, 02:38 PM

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QUOTE(EternalC @ Aug 23 2018, 02:25 PM)
kan

but mereka cakap ini #malaysiabaru

aku nampak tak lah banyak baru pun
all the blame game here and there
yang nampak kerja dan action pun menteri komunikasi dan pengankutan
meanwhile middle class suffer on jer lah
*
only RM25 per card maaa.. the economy so blooming now.. within a year ROI already...
pisces88
post Aug 23 2018, 02:39 PM

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Aiya ask for waiver lo
andyjyneo
post Aug 23 2018, 02:40 PM

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Die liau this time.
Looks like this SST on credit card is finalised by RMCD.
Have to cancel those under-utilised credit cards already.

Insurance also finalised.
All insurance except individual medical/health insurance will be subjected to 6% service tax.
Those who bought insurance during tax holiday, will be charged pro-rated SST.
EternalC
post Aug 23 2018, 02:40 PM

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QUOTE(ganz @ Aug 23 2018, 02:38 PM)
only RM25 per card maaa.. the economy so blooming now.. within a year ROI already...
*
example of the things you ROI plox biggrin.gif
mahjeen
post Aug 23 2018, 02:41 PM

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QUOTE(MeToo @ Aug 23 2018, 02:37 PM)
well it comes down to.... do u need 6 card?
*
Is the bank that given me by themself. not sendiri apply pun.
cause is zero annual fees, that why tak pi peduli jugak
Avangelice
post Aug 23 2018, 02:41 PM

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fuck now don't know which to cut

Maybank two cards or maybank ikhwan card.
EternalC
post Aug 23 2018, 02:42 PM

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QUOTE(Avangelice @ Aug 23 2018, 02:41 PM)
fuck now don't know which to cut

Maybank two cards or maybank ikhwan card.
*
cut all, if they call, ask for rebate if tak mau kena cut

brows.gif
Avangelice
post Aug 23 2018, 02:43 PM

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QUOTE(EternalC @ Aug 23 2018, 02:42 PM)
cut all, if they call, ask for rebate if tak mau kena cut

brows.gif
*
so asking me to play poker with them but I'm holding shit pair cuz without credit cards my life will be very inconvenienced
vanillapire
post Aug 23 2018, 02:44 PM

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QUOTE(Avangelice @ Aug 23 2018, 02:41 PM)
fuck now don't know which to cut

Maybank two cards or maybank ikhwan card.
*
Apparently the Maybank two cards are 25 each and cannot.csncel either one too...
Avangelice
post Aug 23 2018, 02:46 PM

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QUOTE(vanillapire @ Aug 23 2018, 02:44 PM)
Apparently the Maybank two cards are 25 each and cannot.csncel either one too...
*
on top of that my two cards have a shit tonne of points. so looks like I may have to cancel ikhwan
vanillapire
post Aug 23 2018, 02:46 PM

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sources

Someone should show this and remind the current finance minister


Attached thumbnail(s)
Attached Image
vanillapire
post Aug 23 2018, 02:49 PM

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QUOTE(Avangelice @ Aug 23 2018, 02:46 PM)
on top of that my two cards have a shit tonne of points. so looks like I may have to cancel ikhwan
*
Yay and I don't feel any different at all from zero rated gst what's more on the SST?

The sst I know now is that we have to pay for the cards we hold
MeToo
post Aug 23 2018, 02:51 PM

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QUOTE(mahjeen @ Aug 23 2018, 02:41 PM)
Is the bank that given me by themself. not sendiri apply pun.
cause is zero annual fees, that why tak pi peduli jugak
*
which means u can cancel those cards without affecting you in any way///

No problem lor
yao_mou_gao_cho
post Aug 23 2018, 02:51 PM

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QUOTE(vanillapire @ Aug 23 2018, 02:46 PM)
sources

Someone should show this and remind the current finance minister
*
It's not the first time he eat his own words. He will use whatever reasons to justify the current scenario. In the end, salah BN/bijan/perompak rclxms.gif
EternalC
post Aug 23 2018, 02:53 PM

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QUOTE(Avangelice @ Aug 23 2018, 02:43 PM)
so asking me to play poker with them but I'm holding shit pair cuz without credit cards my life will be very inconvenienced
*
then u try call ask to give rebate lo, if cant then u straight ask to cut one card


QUOTE(vanillapire @ Aug 23 2018, 02:46 PM)
sources

Someone should show this and remind the current finance minister
*
LimGuanEng
DrM
pro-U-turner

Avangelice
post Aug 23 2018, 02:54 PM

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anyone suggest me a card with cashback and ability to turn points to airmiles?
fadzly
post Aug 23 2018, 03:09 PM

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QUOTE(ganz @ Aug 23 2018, 02:38 PM)
only RM25 per card maaa.. the economy so blooming now.. within a year ROI already...
*
Ini statement speechless. sooo bloooooming? .

andrewhtf
post Aug 23 2018, 03:20 PM

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all these "middle class" banyak ah ci ah cor bising banyak burden.

kanasai u come be a poorfag like me, then you will syukur being a middle class

i wana apply third card oso taboleh, because BNM rule, income below rm3k a month maximum allowed 2 cards only

QUOTE(pisces88 @ Aug 23 2018, 02:39 PM)
Aiya ask for waiver lo
*
SST on CC is not waivable. Dulu first time implement sudah ask.

but dunno lah maybe the banks will give something in return to offset the charge to selected customers

This post has been edited by andrewhtf: Aug 23 2018, 03:27 PM
1qaz1qaz
post Aug 23 2018, 03:32 PM

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QUOTE(andrewhtf @ Aug 23 2018, 03:20 PM)
all these "middle class" banyak ah ci ah cor bising banyak burden.

kanasai u come be a poorfag like me, then you will syukur being a middle class

i wana apply third card oso taboleh, because BNM rule, income below rm3k a month maximum allowed 2 cards only
SST on CC is not waivable. Dulu first time implement sudah ask.

but dunno lah maybe the banks will give something in return to offset the  charge to selected customers
*
so in short? will CC kena rm25?
ayam blur
andrewhtf
post Aug 23 2018, 03:36 PM

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QUOTE(1qaz1qaz @ Aug 23 2018, 03:32 PM)
so in short? will CC kena rm25?
ayam blur
*
Current implementation i dunno

last time i confirmed kena. no waiver. and not important enough for the bank to give me any other benefit to offset it.
1qaz1qaz
post Aug 23 2018, 03:40 PM

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QUOTE(andrewhtf @ Aug 23 2018, 03:36 PM)
Current implementation i dunno

last time i confirmed kena. no waiver. and not important enough for the bank to give me any other benefit to offset it.
*
i been following but still like no official news about this rite? whether kena or not the rm25?
hong553
post Aug 23 2018, 04:04 PM

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QUOTE(Honey Stars @ Aug 23 2018, 02:29 PM)
So the addage is true, doesn't matter who holds power, middle class always kena fucuk
*
True story, we not even using visa infinite or signature card >.<
jimbet1337
post Aug 23 2018, 07:46 PM

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How many cards you guys use?
aku_ker
post Aug 23 2018, 08:24 PM

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Like last time they will allow using points to offset the service charge, but if your card don't have point (most cashback card are) then you screwed. Btw there is no official statement from bank yet.
aku_ker
post Aug 23 2018, 08:25 PM

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QUOTE(jimbet1337 @ Aug 23 2018, 07:46 PM)
How many cards you guys use?
*
Have many cards to maximize cashback, balance transfer and access to airport lounge.

This post has been edited by aku_ker: Aug 23 2018, 08:26 PM
kuci_mayong
post Aug 24 2018, 11:57 AM

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https://themalaysianreserve.com/2018/08/24/...-says-rhb-bank/

No credit card cancellations on SST re-implementation, says RHB Bank

In light of this, concerns over consumers cancelling their credit card due to the increase in cost have increased

By FARA AISYAH / Pic By MUHD AMIN NAHARUL

RHB Bank Bhd reports no credit card cancellations ahead of the re-implementation of the Sales and Services Tax (SST), which will take effect on Sept 1, 2018.

The SST, which was imposed on credit or charge cards, was removed when the Goods and Services Tax (GST) was implemented in 2015.

In light of this, concerns over consumers cancelling their credit card due to the increase in cost have increased.

“Some of the customers feel they might need to hold more than one card, some even have more than two cards. That is because some banks’ product propositions are different than the others and the value propositions they got from the different banks may offset the SST the government is charging,” said RHB acting head of group retail banking Nazri Othman.

“The answer differs from one person to another, some of them may continue using credit cards, some may reduce the number of cards they have,” he told reporters at the official launch of iMoney CreditScore in Kuala Lumpur yesterday.

Under the previous SST, the yearly service tax for each principal credit and charge card was RM50, and RM25 for each supplementary card.

Under the newly revised SST, however, each type of credit and charge card will be charged with RM25 upon renewal of the card, which is less compared to the old service tax model.

According to Nazri, banks started charging credit card holders with SST soon after the government first introduced it in the 90s.

“But then again, there are also programmes where bank can take to basically offset the SST charges including bonus points redemption and cashbacks that customers collect,” he added.

RHB has also collaborated with Intelligent Money Sdn Bhd (iMoney) to introduce RHB Easy-Pinjaman Ekpres, which offers the conditional approval feature that allows customers to apply for personal financing online via the iMoney website.

The leading fintech platform launched iMoney CreditScore yesterday, the first free user-friendly tool for Malaysians to check their credit score and understand their financial health.

More than 10,000 Malaysians have successfully obtained their free CreditScore and report since the launch of the beta version last year, out of which only 27% have a strong score.

iMoney co-founder and ED Lee Ching Wei said 67% of Malaysians do not check their credit reports.

“By providing the tool for free, we hope to lower the number to 50% by the end of this year.

“While an annual medical check-up is the norm among Malaysians, our goal is to encourage Malaysians to also do the same for their financial health. With iMoney CreditScore, consumers can now assess if they are on track to achieve their financial goals,” Lee said.

iMoney CreditScore is powered by a leading credit reporting agency RAM Credit Information Sdn Bhd.

Customers will be able to obtain the results of the application the next day via short message service.

This post has been edited by kuci_mayong: Aug 24 2018, 11:58 AM
kuci_mayong
post Aug 24 2018, 12:02 PM

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QUOTE(vanillapire @ Aug 23 2018, 02:46 PM)
sources

Someone should show this and remind the current finance minister
*
I am quite disappointed with the new Gov for doing this. I have a few cards and don't pay any gst now. and now i have to pay rm25 each card.
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!
tsunade
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.
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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.
*
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?
*
yes cuz already issued to you!

never leave unactivated card alone. either u use it or terminate. there's no middle way laugh.gif
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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.

ahboon76
post Aug 30 2018, 04:10 PM

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QUOTE(cybpsych @ Aug 28 2018, 11:54 PM)
yes cuz already issued to you!

never leave unactivated card alone. either u use it or terminate. there's no middle way laugh.gif
*
All unactivate car will auto cancel after period of time. Correct me if I'm wrong.
happyking4ever
post Aug 30 2018, 04:14 PM

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QUOTE(sjz @ Aug 30 2018, 11:46 AM)
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.
*
to be fair, we should at least wait till the next budget first lah, only 2 months away. and i dont think FM alone can simply announce the direction for the future without being approved by the lawmakers anyway.


smallbug
post Aug 30 2018, 04:23 PM

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QUOTE(ahboon76 @ Aug 30 2018, 04:10 PM)
All unactivate car will auto cancel after period of time. Correct me if I'm wrong.
*
This sounds more like it. Don't use it at all, if you don't want to get charged.
shirohamada
post Aug 30 2018, 04:26 PM

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cimb lazada got sst?

want to promote cashless but put tax on it?
even instant transfer is free now.
mega_shok.gif

This post has been edited by shirohamada: Aug 30 2018, 04:28 PM
fuzzy
post Aug 30 2018, 04:43 PM

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QUOTE

Parliament: No service tax on credit cards please
NATION
Monday, 2 Nov 2009

12:00 AM MYT
By Zulkifli Abd Rahman

KUALA LUMPUR: The DAP has called on the Government not to implement the proposed service tax on credit card holders, which will cause financial hardship to the poorer segments of society.

DAP secretary-general and Bagan Member of Parliament Lim Guan Eng criticised the move, proposed in the Budget 2010, which is RM50 on each principal credit and charge card and RM25 for supplementary cards.

The policy will push more consumers to borrow money from “ah long” or illegal moneylenders, especially when the country is facing the effects of the global economic slump, he added.

“The Government should look at the perspective of the poor first before it implements the move,” he said.

Lim said the party estimated that the Government will collect RM555mil in revenue from 10 million credit card and 1.5 million supplementary card holders per annum.

He added that the Government is expected to collect an additional RM6.3bil in net revenue for next year and questioned why it needed to tax RM555mil from the people.

“There are many lower middle class and working class people who have more than one credit card, and a number of them have three to four cards and up to six cards each.

“The interest rate for these cards can as high as 18% per annum or 1.5% per month, which is still lower than what is being charged by the ah longs.

“The move to tax the credit card holders will not achieve the Government’s aim on prudent spending, since the people’s income has gone down while their expenditure rate has not changed.

“The Government should cancel the credit card service tax, so that it can help the poor and the lower middle income group,” he told reporters at the Parliament lobby on Monday.

He said he was sure that the people understood how to plan their budgets during bad economic times.


We need more MP like Mr Lim Guan Eng to fight this sort of government injustice ranting.gif ranting.gif
thesoothsayer
post Aug 30 2018, 04:48 PM

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QUOTE(ahboon76 @ Aug 30 2018, 04:10 PM)
All unactivate car will auto cancel after period of time. Correct me if I'm wrong.
*
You're wrong, I think. My father's unactivated supplementary credit cards are still listed in my account after a few years.
liuyouken
post Aug 31 2018, 07:04 PM

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SST is charged on each card which mean RM50 for MBB 2 cards?
everest
post Aug 31 2018, 07:10 PM

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Cancel other credit card
shirohamada
post Aug 31 2018, 08:24 PM

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QUOTE(Xumu @ Aug 31 2018, 07:06 PM)
I'm pretty sure that's debit card no?
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they call it a prepaid credit card.
alvin11
post Sep 1 2018, 01:30 AM

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QUOTE(liuyouken @ Aug 31 2018, 07:04 PM)
SST is charged on each card which mean RM50 for MBB 2 cards?
*
Lowyat Maybankard 2 Gold Discussion

from discussion on lowyat forum credit card section seem yes
liuyouken
post Sep 1 2018, 08:59 AM

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QUOTE(alvin11 @ Sep 1 2018, 01:30 AM)
Lowyat Maybankard 2 Gold Discussion

from discussion on lowyat forum credit card section seem yes
*
Ok thank and i think we should manage the no of our credit card to minimise the SST
christ14
post Sep 1 2018, 10:10 AM

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QUOTE(alvin11 @ Sep 1 2018, 01:30 AM)
Lowyat Maybankard 2 Gold Discussion

from discussion on lowyat forum credit card section seem yes
*
Damn... I got so many cards..... Zzzz
arcadicus
post Sep 1 2018, 10:33 PM

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called maybank cs, they said both amex n mcard gonna hv tax... rm25 each. so total rm50 for maybank 2 cards
NicJolin
post Sep 1 2018, 10:34 PM

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PBB confirm will get RM25 per card

cancelled yesterday
ViNC3
post Sep 1 2018, 11:39 PM

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QUOTE(arcadicus @ Sep 1 2018, 10:33 PM)
called maybank cs, they said both amex n mcard gonna hv tax... rm25 each. so total rm50 for maybank 2 cards
*
Really?
Last time SST RM50 only charged one or the Maybank2cards, and they waived AMEX card.
So this time they will charge both cards? aw man...
cbkl
post Sep 2 2018, 11:53 PM

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Called HLB , CS claimed HLB will give waiver for SST, hence advised me to keep my card.
fantasy1989
post Sep 2 2018, 11:53 PM

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cancelled cimb and public bank card

feel good

next = maybank
prs516
post Sep 3 2018, 11:04 AM

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QUOTE(cbkl @ Sep 2 2018, 11:53 PM)
Called HLB , CS claimed HLB will give waiver for SST, hence advised me to keep my card.
*
Good job HLB! rclxms.gif rclxms.gif rclxms.gif
timo1003
post Sep 3 2018, 11:34 AM

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QUOTE(prs516 @ Sep 3 2018, 11:04 AM)
Good job HLB!  rclxms.gif  rclxms.gif  rclxms.gif
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Waiting for other banks to U-turn, as they usually do when too many cancellations. Greedy sobs..
RichardN
post Sep 3 2018, 11:53 AM

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HSBC Premier also no SST
TSxuexueli
post Sep 6 2018, 07:37 PM

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i sudah cancel my mbb 2cards.. wanna apply just 1 card enough d
AgogoLatoto
post Sep 6 2018, 07:46 PM

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QUOTE(RichardN @ Sep 3 2018, 11:53 AM)
HSBC Premier also no SST
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hsbc platinum can waive anot?
AgogoLatoto
post Sep 6 2018, 07:58 PM

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QUOTE(andrewhtf @ Aug 23 2018, 03:36 PM)
Current implementation i dunno

last time i confirmed kena. no waiver. and not important enough for the bank to give me any other benefit to offset it.
*
u ever got make noise at bank keep disturbing dem until dey duwan listen d n waive?

sumtimes if cust angry n persistent they giv face wan.. cust talk nice2 ask polite dey step ur head wan... lol... no wonder msian cust always like to scream shout noisy
andrewhtf
post Sep 6 2018, 10:23 PM

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QUOTE(AgogoLatoto @ Sep 6 2018, 07:58 PM)
u ever got make noise at bank keep disturbing dem until dey duwan listen d n waive?

sumtimes if cust angry n persistent they giv face wan.. cust talk nice2 ask polite dey step ur head wan... lol... no wonder msian cust always like to scream shout noisy
*
Nope i didnt bother to bising because that was my backup card so it was unutilised. No usage means bank didnt earn anything from me so i am not important enuf for them... Cancelled the card after a few months because new BNM instruction say salary below 3k cannot have more than 2 cards.
iamkid
post Sep 6 2018, 10:57 PM

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Massive cancellation

ARGHH
howszat
post Sep 6 2018, 11:15 PM

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QUOTE(realityhurts @ Sep 6 2018, 10:27 PM)
Terima kasih PH. What better way to show Malaysians voted the right way by increasing the cost of living of Malaysians better than BN?
*

Actually, this "cost-of-living" concept is basically bullshit.

Nobody is responsible for reducing "your" cost of living. Nobody is supposed to "reduce" anything.

What actually happens is everybody is supposed to do what they can to contribute to the economy.

If you don't get off your arse and contribute to the economy, why are you blaming other people?

In case you haven't realized, nobody owes you a living.

You are supposed to work hard and contribute.

So, please stop complaining and start contributing.

tadashi987
post Sep 7 2018, 12:53 AM

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wanna cancel mbb 2 cards, but other maybank card not tempting, sad
ChiaW3n
post Sep 7 2018, 01:03 AM

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I think usually they will absorb for the first time no?
tadashi987
post Sep 7 2018, 01:09 AM

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QUOTE(ChiaW3n @ Sep 7 2018, 01:03 AM)
I think usually they will absorb for the first time no?
*
nope, will charge at ur annual renew month
beLIEve
post Sep 7 2018, 04:01 AM

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HSBC $25 cash back from Sept 1 to Dec 31 2018
https://sp.hsbc.com.my/microsites/lazadacb2...ional_FINAL.PDF

Read all the T&C carefully. Not applicable for the $250 cash back campaign.

This post has been edited by beLIEve: Sep 7 2018, 04:01 AM
thesoothsayer
post Sep 7 2018, 06:41 AM

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Saw this petition online:

https://www.change.org/p/no-sst-on-credit-cards-please

Doesn't seem to be gaining much traction, but maybe we should push it.
howszat
post Sep 8 2018, 12:41 AM

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QUOTE(realityhurts @ Sep 7 2018, 10:39 AM)
OK, it's my fault for not working hard to pay for a constantly rising price of cars, tolls, public transportation, groceries, properties, and forex.

Blind PH macai is blind.
*

No, it's not about anyone's fault.

It's just that money does not fall from the sky. Because it doesn't fall from the sky, it has to come from somewhere. Where are you expecting money to come from?.

Everyone has to contribute, and not just complain about rising costs.

Let's discuss the pros and cons.

macai replies does not contribute anything whatsoever.

So please stop this macai shit.


fun_feng
post Sep 8 2018, 12:48 AM

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QUOTE(realityhurts @ Sep 7 2018, 10:39 AM)
OK, it's my fault for not working hard to pay for a constantly rising price of cars, tolls, public transportation, groceries, properties, and forex.

Blind PH macai is blind.
*
Eh high cost of living was started by BN after gst....
Now PH terkena pulak
bereev
post Sep 8 2018, 05:27 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
*
it will charge RM25 per card on your next renewal
Confirmed
kuci_mayong
post Sep 8 2018, 05:45 PM

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QUOTE(thesoothsayer @ Sep 7 2018, 06:41 AM)
Saw this petition online:

https://www.change.org/p/no-sst-on-credit-cards-please

Doesn't seem to be gaining much traction, but maybe we should push it.
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Up
10071985
post Sep 14 2018, 11:21 AM

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next renewal means after expiry date of CC?
or rm25 will be charge yearly?
ClarenceT
post Sep 14 2018, 11:23 AM

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QUOTE(10071985 @ Sep 14 2018, 11:21 AM)
next renewal means after expiry date of CC?
or rm25 will be charge yearly?
*
Different bank different interpretation and different date to charge. But charged yearly.

This post has been edited by ClarenceT: Sep 14 2018, 11:23 AM
azmanadnan
post Sep 17 2018, 07:16 AM

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Wanna ask yang arif here. The sst is charged upon 1st year expiry or what. Say I apply new card now, 1st month get charged or not
ClarenceT
post Sep 17 2018, 07:37 AM

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QUOTE(azmanadnan @ Sep 17 2018, 07:16 AM)
Wanna ask yang arif here. The sst is charged upon 1st year expiry or what. Say I apply new card now, 1st month get charged or not
*
Service tax of RM25 per card per year is to be imposed on the issuance or renewal of a principal or supplementary credit card or charge card beginning September.

This post has been edited by ClarenceT: Sep 17 2018, 07:37 AM
azmanadnan
post Sep 17 2018, 08:05 AM

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QUOTE(ClarenceT @ Sep 17 2018, 07:37 AM)
Service tax of RM25 per card per year is to be imposed on the issuance or renewal of a principal or supplementary credit card or charge card beginning September.
*
Aiya so apply new card also kena
beLIEve
post Sep 22 2018, 01:53 AM

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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
mamamia
post Sep 22 2018, 03:12 PM

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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?
beLIEve
post Sep 30 2018, 02:41 AM

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QUOTE(mamamia @ Sep 22 2018, 03:12 PM)
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.
SUSstinky
post Oct 16 2018, 08:16 PM

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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
ZeneticX
post Oct 16 2018, 08:19 PM

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so for maybank 2 card that share the same account, does SST apply to both card or just 1 card?
thesoothsayer
post Oct 16 2018, 08:21 PM

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QUOTE(ZeneticX @ Oct 16 2018, 08:19 PM)
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.
cybpsych
post Oct 16 2018, 08:47 PM

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QUOTE(ZeneticX @ Oct 16 2018, 08:19 PM)
so for maybank 2 card that share the same account, does SST apply to both card or just 1 card?
*
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".
bee993
post Oct 16 2018, 08:54 PM

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QUOTE(cybpsych @ Oct 16 2018, 08:47 PM)
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
cybpsych
post Oct 16 2018, 08:58 PM

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QUOTE(bee993 @ Oct 16 2018, 08:54 PM)
i park all the bt in the useless visa...will that prevent the cancelation
*
ask to transfer to ur amex
ZeneticX
post Oct 16 2018, 09:10 PM

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QUOTE(cybpsych @ Oct 16 2018, 08:47 PM)
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".
*
ok that's kinda good news


but I need to get another credit card first. not every place accept AMEX unfortunately
hc7840
post Oct 16 2018, 09:38 PM

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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
hc7840
post Oct 16 2018, 09:38 PM

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delete

This post has been edited by hc7840: Oct 16 2018, 09:39 PM
vexus
post Oct 16 2018, 09:44 PM

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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.
SUSstinky
post Oct 17 2018, 01:17 PM

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QUOTE(stinky @ Oct 16 2018, 08:16 PM)
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
*
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

richardss
post Oct 17 2018, 02:03 PM

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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.
slassher85
post Oct 17 2018, 02:19 PM

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QUOTE(bereev @ Sep 8 2018, 05:27 PM)
it will charge RM25 per card on your next renewal
Confirmed
*
next renewal mean every 5 years right? get my platinum last year, expiry date is 2022?
richardss
post Oct 17 2018, 03:33 PM

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QUOTE(slassher85 @ Oct 17 2018, 02:19 PM)
next renewal mean every 5 years right? get my platinum last year, expiry date is 2022?
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lol every year la dei
SUSmonoikhwan
post Oct 17 2018, 03:35 PM

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Terima kasih PH! topkek
Sumofwhich
post Oct 18 2018, 09:52 PM

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QUOTE(ZeneticX @ Oct 16 2018, 09:10 PM)
ok that's kinda good news
but I need to get another credit card first. not every place accept AMEX unfortunately
*
Worse comes to worst, use your Maybank debit card
Pacmangoku
post Oct 18 2018, 09:58 PM

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QUOTE(monoikhwan @ Oct 17 2018, 03:35 PM)
Terima kasih PH! topkek
*
Thank you Nobita rclxms.gif rclxms.gif rclxms.gif
joe_mamak
post Oct 18 2018, 10:16 PM

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Oh. I have 4. doh.gif doh.gif
iGamer
post Oct 18 2018, 10:17 PM

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I cancelled all those redundant cards, stick to one now.
SUSSuper Saiya
post Oct 19 2018, 03:33 PM

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alamak setiap rm25 caj setiap renewal. sad la like this
AvenueX
post Oct 19 2018, 03:44 PM

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Called and request for this Service tax waiver for Maybank Amex, they don't approve sad.gif
bee993
post Oct 21 2018, 11:39 AM

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Pengsan 8x25= 200
Dannyl
post Oct 21 2018, 02:23 PM

what the fucuk-yimai
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QUOTE(AvenueX @ Oct 19 2018, 03:44 PM)
Called and request for this Service tax waiver for Maybank Amex, they don't approve sad.gif
*
Is this the Maybank 2 Card? Amex + Visa/Master?
Nama saya Amad
post Oct 21 2018, 02:29 PM

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Haha damn cant waive. Cancel also need to pay 25 first. Padan muka
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post Oct 22 2018, 11:07 PM

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QUOTE(Dannyl @ Oct 21 2018, 02:23 PM)
Is this the Maybank 2 Card?  Amex + Visa/Master?
*
I just started using this card, within one month of usage my statement billed me RM25 service tax already. shouldnt it be charged upon annual renewal?
Geekbuster
post Oct 22 2018, 11:33 PM

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Manage to cancel 6 out of 7 cards. Save one for emergency use and premium lounge usage

The most hardest to cancel is rhb. Die die want me to keep the card with so many tempted offers
Duxia999
post Oct 22 2018, 11:39 PM

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QUOTE(Geekbuster @ Oct 22 2018, 11:33 PM)
Manage to cancel 6 out of 7 cards. Save one for emergency use and premium lounge usage

The most hardest to cancel is rhb. Die die want me to keep the card with so many tempted offers
*
If they can offer equivalent of rm25 why not?
Sumofwhich
post Oct 24 2018, 12:16 PM

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The best is CIMB cards, offered RM10+10 if retain and spend an amount but need to wait for another month or two after the spending,
I received RM10 a few weeks later, spent it, then cancel, the CS checked and knew I spent away the RM10, so no more retention offered laugh.gif
sassy_chiq
post Nov 1 2018, 10:32 AM

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Some credit card companies can offer waiver for SST of RM25 but not CIMB. Need to use the bonus points for redemption. Disappointed with CIMB CC this time.
x3Kai
post Nov 1 2018, 10:39 AM

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sst charged on my mbb 2 cards
called to cancel the visa and apply for waiver
cs super nice i oso paiseh ask to waive for amex also
just use point to pay for the amex sst, not too expensive
sassy_chiq
post Nov 1 2018, 03:13 PM

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QUOTE(x3Kai @ Nov 1 2018, 10:39 AM)
sst charged on my mbb 2 cards
called to cancel the visa and apply for waiver
cs super nice i oso paiseh ask to waive for amex also
just use point to pay for the amex sst, not too expensive
*
Did they offer waiver for the Visa?
x3Kai
post Nov 1 2018, 07:53 PM

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QUOTE(sassy_chiq @ Nov 1 2018, 03:13 PM)
Did they offer waiver for the Visa?
*
i applied to waive
just checked unbilled balance, it is waved after 10 days on 30th oct rclxms.gif
next card to kill on the list is pbb quantum visa lol
kw
post Nov 1 2018, 08:29 PM

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QUOTE(x3Kai @ Nov 1 2018, 10:39 AM)
sst charged on my mbb 2 cards
called to cancel the visa and apply for waiver
cs super nice i oso paiseh ask to waive for amex also
just use point to pay for the amex sst, not too expensive
*
They allow you to cancel 1 of the maybank 2 cards? I called last month still cannot.
xixo_12
post Nov 1 2018, 08:46 PM

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QUOTE(kw @ Nov 1 2018, 08:29 PM)
They allow you to cancel 1 of the maybank 2 cards? I called last month still cannot.
*
Successful did mine a few wk ago
LamboSama
post Nov 1 2018, 08:52 PM

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QUOTE(Nama saya Amad @ Oct 21 2018, 02:29 PM)
Haha damn cant waive. Cancel also need to pay 25 first. Padan muka
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When did you ask for cancellation and what is the renewal month?
kw
post Nov 1 2018, 08:57 PM

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QUOTE(xixo_12 @ Nov 1 2018, 08:46 PM)
Successful did mine a few wk ago
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rclxms.gif great to hear that, I'll call cs tomorrow to ask for cancellation, thanks.
x3Kai
post Nov 2 2018, 08:53 AM

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QUOTE(kw @ Nov 1 2018, 08:57 PM)
rclxms.gif  great to hear that, I'll call cs tomorrow to ask for cancellation, thanks.
*
tell them the reason being sst
this has been posted in the maybank 2 card thread for quite some time and many ppl were able to cancel it
sassy_chiq
post Nov 2 2018, 11:44 AM

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QUOTE(x3Kai @ Nov 1 2018, 07:53 PM)
i applied to waive
just checked unbilled balance, it is waved after 10 days on 30th oct rclxms.gif
next card to kill on the list is pbb quantum visa lol
*
Lucky you! I called twice and they do not allow waiver for my Amex card. Only offer 10,000 Points for RM25 rebate.
Dead_Arrow
post Nov 2 2018, 11:49 AM

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QUOTE(x3Kai @ Nov 1 2018, 10:39 AM)
sst charged on my mbb 2 cards
called to cancel the visa and apply for waiver
cs super nice i oso paiseh ask to waive for amex also
just use point to pay for the amex sst, not too expensive
*
How many point needed to waive SST charges?
ClarenceT
post Nov 2 2018, 11:53 AM

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QUOTE(Dead_Arrow @ Nov 2 2018, 11:49 AM)
How many point needed to waive SST charges?
*
No waiver under the law.
10000 Treatpoints to redeem for 1 SST.
x3Kai
post Nov 2 2018, 01:38 PM

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QUOTE(sassy_chiq @ Nov 2 2018, 11:44 AM)
Lucky you! I called twice and they do not allow waiver for my Amex card. Only offer 10,000 Points for RM25 rebate.
*
they only waive for the card i'm cancelling, which is the visa card
as for the amex, i used 10,000 points to redeem

QUOTE(Dead_Arrow @ Nov 2 2018, 11:49 AM)
How many point needed to waive SST charges?
*
10,000 is to redeem
waive is where u don't pay anything. not sure if it's under the law but i think it's all up to bank's discretion. i made it obvious that i do not use the card at all due to no transaction for the last few months.
squrce
post Nov 13 2018, 07:50 AM

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Just Call HSBC. my Credit card SST charges cannot be waived..
beLIEve
post Nov 14 2018, 04:12 AM

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QUOTE(squrce @ Nov 13 2018, 07:50 AM)
Just Call HSBC. my Credit card SST charges cannot be waived..
*
If you want waiver, you have to ask Finance Ministry. If you want bank to sponsor, you ask them to sponsor, don't ask them to waive.
xavi5567
post Nov 14 2018, 06:15 AM

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QUOTE(x3Kai @ Nov 2 2018, 01:38 PM)
they only waive for the card i'm cancelling, which is the visa card
as for the amex, i used 10,000 points to redeem
10,000 is to redeem
waive is where u don't pay anything. not sure if it's under the law but i think it's all up to bank's discretion. i made it obvious that i do not use the card at all due to no transaction for the last few months.
*
Need meh... in 1 month spend some during weekend .. straight get rm 50 cash back.. considered waived it lor
x3Kai
post Nov 14 2018, 10:03 AM

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QUOTE(xavi5567 @ Nov 14 2018, 06:15 AM)
Need meh... in 1 month spend some during weekend .. straight get rm 50 cash back.. considered waived it lor
*
thing is i don't use the 2nd card anyways, plus that card gives poor reward points and no cash back, so no point keeping right
if cancel then cancel lor, reduces the risk of it being misused too.
lancelyod
post Nov 16 2018, 09:05 AM

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Hi guys, i just found out that my card was charged with service tax but my card still haven't expired yet and i didn't do any renewal or upgrade. Please advice.
LamboSama
post Nov 16 2018, 09:07 AM

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QUOTE(lancelyod @ Nov 16 2018, 09:05 AM)
Hi guys, i just found out that my card was charged with service tax but my card still haven't expired yet and i didn't do any renewal or upgrade. Please advice.
*
It's charged annually on your sign up/renewal month.
versey
post Nov 19 2018, 08:10 AM

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QUOTE(lancelyod @ Nov 16 2018, 09:05 AM)
Hi guys, i just found out that my card was charged with service tax but my card still haven't expired yet and i didn't do any renewal or upgrade. Please advice.
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me too.. sad.gif
nightzstar
post Nov 19 2018, 08:20 AM

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QUOTE(lancelyod @ Nov 16 2018, 09:05 AM)
Hi guys, i just found out that my card was charged with service tax but my card still haven't expired yet and i didn't do any renewal or upgrade. Please advice.
*
Same here, wonder if we should complain to the bank?
Twins10
post Nov 19 2018, 10:24 AM

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Maybank2cards only 1 gst fee last time. Should be 1 sst fee this time?
peshaloo
post Nov 19 2018, 01:35 PM

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QUOTE(lancelyod @ Nov 16 2018, 09:05 AM)
Hi guys, i just found out that my card was charged with service tax but my card still haven't expired yet and i didn't do any renewal or upgrade. Please advice.
*
me too just check today got charge now thinking want to cancel my cc hmm.gif
guailow83
post Nov 19 2018, 01:40 PM

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QUOTE(Twins10 @ Nov 19 2018, 10:24 AM)
Maybank2cards only 1 gst fee last time.  Should be 1 sst fee this time?
*
nope. both cards kanna. i know coz i just checked and kanna today ranting.gif
forumania126
post Nov 20 2018, 01:08 AM

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I received a statement today for my OCBC CC which I never use for years. Then at the same time they told me I got outstanding 25bucks. I was like wtf. So I call the bank and ask. And here we go SST for cc. Without further talking I cancel it.

And I have AM Bank and I was about to call them but they called me to intro their offers. I told that I'm about to call you but you call me first. So first question they ask, you want to cancel your CC right? Wtf again. So since you straight forward, I cancel it. So both bank gone for good.

As the rest got no choice cause need it. One question, can the SST be waive?

This post has been edited by forumania126: Nov 20 2018, 01:10 AM
andyjyneo
post Nov 20 2018, 01:09 AM

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QUOTE(forumania126 @ Nov 20 2018, 01:08 AM)
I received a statement todak for my OCBC CC which I never use for years. Then at the same time they told me I got outstanding 25bucks. I was like wtf. So I call you the bank and ask. And here we go SST for cc. Without further talking I cancelled it.

And I have AM Bank and I was about to call them but they called me to intro their offers. I told that I'm about to call you but you call me first. So first question they ask, you want to cancel your CC right? Wtf again. So since you straight forward, I cancel it. So both bank gone for good.

As the rest got no choice cause need it. One question, can the SST be waive?
*
No, banks are very reluctant to waive.
Dark8870
post Nov 29 2018, 11:52 AM

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QUOTE(forumania126 @ Nov 20 2018, 01:08 AM)
I received a statement today for my OCBC CC which I never use for years. Then at the same time they told me I got outstanding 25bucks. I was like wtf. So I call the bank and ask. And here we go SST for cc. Without further talking I cancel it.

And I have AM Bank and I was about to call them but they called me to intro their offers. I told that I'm about to call you but you call me first. So first question they ask, you want to cancel your CC right? Wtf again. So since you straight forward, I cancel it. So both bank gone for good.

As the rest got no choice cause need it. One question, can the SST be waive?
*
At this moment in time, no. Unless government revises its policy.
An excerpt, taken from Maybank, regarding Service Tax waiver:
"Service Tax waiver is not allowed as this is a regulation governed by Service Tax Act 2018"
But I believe (almost) all banks give the option of using reward/card points to pay the Service Tax.

Speaking of which, I vaguely remembered there was a petition to reduce the service tax or something... Not sure what's happened to it now...
ClarenceT
post Nov 29 2018, 12:06 PM

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QUOTE(forumania126 @ Nov 20 2018, 01:08 AM)
I received a statement today for my OCBC CC which I never use for years. Then at the same time they told me I got outstanding 25bucks. I was like wtf. So I call the bank and ask. And here we go SST for cc. Without further talking I cancel it.

And I have AM Bank and I was about to call them but they called me to intro their offers. I told that I'm about to call you but you call me first. So first question they ask, you want to cancel your CC right? Wtf again. So since you straight forward, I cancel it. So both bank gone for good.

As the rest got no choice cause need it. One question, can the SST be waive?
*
Possible, only if you are the Finance Minister, the post can only be appointed by Prime Minister.
forumania126
post Dec 9 2018, 06:13 PM

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QUOTE(ClarenceT @ Nov 29 2018, 12:06 PM)
Possible, only if you are the Finance Minister, the post can only be appointed by Prime Minister.
*
Lol. Expecting this reply.
yifei.liu2508
post Dec 9 2018, 06:35 PM

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QUOTE(guailow83 @ Nov 19 2018, 01:40 PM)
nope. both cards kanna. i know coz i just checked and kanna today  ranting.gif
*
A lot of banks now apply once come with 2 different cards. My CIMB also got charged twice. Once for each card.

I am going to call up and cancel one card off because there is no need to charge me twice for the card which i applied once.
guailow83
post Dec 9 2018, 06:40 PM

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QUOTE(yifei.liu2508 @ Dec 9 2018, 06:35 PM)
A lot of banks now apply once come with 2 different cards. My CIMB also got charged twice. Once for each card.

I am going to call up and cancel one card off because there is no need to charge me twice for the card which i applied once.
*
yes. RM25 is charged on every card. Once cancelled your card, on a safer side better to request a release letter from respective banks via email. This way at least you will have black n white prove if being charged SST or annual fee in future.
alifbata_abc
post Dec 9 2018, 06:52 PM

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starbucks coffee lebe mahal


kevin218
post Dec 15 2018, 10:03 AM

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govt service tax RM25 cannot waive.... sad.gif
sheahann
post Dec 21 2018, 10:51 AM

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anyone successfully waived this service tax from maybank ?
sheahann
post Dec 21 2018, 10:51 AM

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QUOTE(kevin218 @ Dec 15 2018, 10:03 AM)
govt service tax RM25 cannot waive.... sad.gif
*
i do know some bank absorb this...
kevin218
post Dec 21 2018, 01:27 PM

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QUOTE(sheahann @ Dec 21 2018, 10:51 AM)
i do know some bank absorb this...
*
UOB - Waived
HSBC - Waived
HongLeong - Waived
Citibank - Cannot
Public Bank - Cannot
Standard Chartered - Cannot
PrincZe
post Dec 21 2018, 02:04 PM

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QUOTE(kevin218 @ Dec 21 2018, 01:27 PM)
UOB - Waived
HSBC - Waived
HongLeong - Waived
Citibank - Cannot
Public Bank - Cannot
Standard Chartered - Cannot
*
maybank?
Sumofwhich
post Dec 21 2018, 07:09 PM

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QUOTE(PrincZe @ Dec 21 2018, 02:04 PM)
maybank?
*
Most likely cannot,
can redeem with TP,
can cancel Maybank 2 Visa and retain Maybank 2 Amex
lorrydriverrocks
post Dec 21 2018, 08:44 PM

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QUOTE(kevin218 @ Dec 21 2018, 01:27 PM)
UOB - Waived
HSBC - Waived
HongLeong - Waived
Citibank - Cannot
Public Bank - Cannot
Standard Chartered - Cannot
*
Citibank can
Mine got waived
kevin218
post Dec 28 2018, 08:13 AM

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QUOTE(lorrydriverrocks @ Dec 21 2018, 08:44 PM)
Citibank can
Mine got waived
*
citibank cant... unless mention u want terminate. they will waive for you this year. but next year still charging you. i have visit citibank @ Bandar puteri puchong.



kevin218
post Dec 28 2018, 08:14 AM

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QUOTE(PrincZe @ Dec 21 2018, 02:04 PM)
maybank?
*
Maybank dont know...
sora90
post Dec 29 2018, 11:00 AM

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Maybank cannot, just called.
hjh87
post Jan 2 2019, 09:25 PM

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QUOTE(kevin218 @ Dec 21 2018, 01:27 PM)
UOB - Waived
HSBC - Waived
HongLeong - Waived
Citibank - Cannot
Public Bank - Cannot
Standard Chartered - Cannot
*
UOB able to waive?? Contacted them before, unable to waive.

Mind to share how to get the waiver for UOB.
keewah
post Jan 2 2019, 10:57 PM

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QUOTE(kevin218 @ Dec 21 2018, 01:27 PM)
UOB - Waived
HSBC - Waived
HongLeong - Waived
Citibank - Cannot
Public Bank - Cannot
Standard Chartered - Cannot
*
HSBC at first cant .... until i decided to terminate their cards.

Mr.Weezy
post Jan 2 2019, 11:07 PM

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Does this affect those CC with zero annual fees?
Sumofwhich
post Jan 7 2019, 05:57 PM

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QUOTE(Mr.Weezy @ Jan 2 2019, 11:07 PM)
Does this affect those CC with zero annual fees?
*
Yes, rm25 on all credit cards
mafioso
post Jan 7 2019, 06:02 PM

 
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QUOTE(ZeroSOFInfinity @ Jul 19 2018, 06:47 PM)
This is why I have mostly "free for life" CC.
*
my FFL card also got service charge

RM25

lol
sanosizo
post Jan 7 2019, 06:04 PM

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my fuel rebate already over rm25 every month so consider the card paid itself
yewjoe92
post Feb 26 2019, 11:51 PM

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QUOTE(kevin218 @ Dec 21 2018, 01:27 PM)
UOB - Waived
HSBC - Waived
HongLeong - Waived
Citibank - Cannot
Public Bank - Cannot
Standard Chartered - Cannot
*
just have SST on my UOB card... cannot waive bro..
kakilang
post Apr 15 2019, 02:38 PM

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QUOTE(yewjoe92 @ Feb 26 2019, 11:51 PM)
just have SST on my UOB card... cannot waive bro..
*
roughly how much did you spend on uob card per month?
andyjyneo
post Apr 15 2019, 02:39 PM

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Just applied RHB CC for my wife.
Got approved, and the sales agent asked my wife to use at least RM50 in order to waive that RM25 SST.
RichardN
post Apr 15 2019, 02:45 PM

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QUOTE(kevin218 @ Dec 21 2018, 01:27 PM)
UOB - Waived absorbed
HSBC - Waived absorbed
HongLeong - Waived absorbed
Citibank - Cannot
Public Bank - Cannot
Standard Chartered - Cannot
*
FIXED

This post has been edited by RichardN: Apr 15 2019, 02:46 PM
kkk8787
post Apr 15 2019, 08:48 PM

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QUOTE(kevin218 @ Dec 21 2018, 01:27 PM)
UOB - Waived
HSBC - Waived
HongLeong - Waived
Citibank - Cannot
Public Bank - Cannot
Standard Chartered - Cannot
*
maybank anyone knows
Phoenix_KL
post Apr 15 2019, 08:52 PM

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credit card. so rich but cannot afford. lol.
Sumofwhich
post Apr 16 2019, 01:31 PM

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QUOTE(Phoenix_KL @ Apr 15 2019, 08:52 PM)
credit card. so rich but cannot afford. lol.
*
Rich ppl wouldn't care about these peanuts cashbacks, so yeah every sen saved is worthwhile for some of us
SUSLiamness
post Apr 16 2019, 01:47 PM

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PH government want to lose the next election kawkaw
yewjoe92
post Apr 20 2019, 02:15 AM

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QUOTE(kakilang @ Apr 15 2019, 02:38 PM)
roughly how much did you spend on uob card per month?
*
minimum also rm300 per month..
99FoxDemon
post Apr 20 2019, 03:08 AM

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hmm.gif

This post has been edited by 99FoxDemon: Apr 20 2019, 03:10 AM
spazerock
post Apr 25 2019, 10:32 AM

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Isn't government encourage no cash money trading, after i apply credit card, they going to charge me. this government suck.
lifeislikeadream
post Apr 25 2019, 10:38 AM

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QUOTE(kevin218 @ Dec 21 2018, 01:27 PM)
UOB - Waived
HSBC - Waived
HongLeong - Waived
Citibank - Cannot
Public Bank - Cannot
Standard Chartered - Cannot
*
Mine SCB also absorbed wor, but took longer time lar

This post has been edited by lifeislikeadream: Apr 25 2019, 10:38 AM
lim47
post Apr 25 2019, 02:59 PM

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QUOTE(sheahann @ Dec 21 2018, 10:51 AM)
anyone successfully waived this service tax from maybank ?
*
cannot la, use points la, 1 card rm25 only ma cool2.gif


QUOTE(Liamness @ Apr 16 2019, 01:47 PM)
PH government want to lose the next election kawkaw
*
sudah cakap ajib bagus , now uturn
GST barang lagi murah
now go back wards SST doh.gif
mny county also GST already
rahtid
post May 14 2019, 01:51 PM

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called PBB but no waiver, but my friend called and able to get waiver!!
overmars
post May 17 2019, 03:58 PM

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Hi guys, just a quick check.

Just saw that the RM25 SST has been charged to my credit card this month (still under unbilled transactiaon). Can i cancel the card now to be exempted of the SST charge, similar to the usual annual fees of CC?

Or do i still have to pay the SST even though it will be cancelled already?

Thanks guys!
Sumofwhich
post May 18 2019, 07:47 AM

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QUOTE(overmars @ May 17 2019, 03:58 PM)
Hi guys, just a quick check.

Just saw that the RM25 SST has been charged to my credit card this month (still under unbilled transactiaon). Can i cancel the card now to be exempted of the SST charge, similar to the usual annual fees of CC?

Or do i still have to pay the SST even though it will be cancelled already?

Thanks guys!
*
No need to unless you used the card post sst being chatged. You can quote the terms if they insist you paying.
SUSDaylight2018
post May 18 2019, 08:11 AM

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QUOTE(lorrydriverrocks @ Dec 21 2018, 08:44 PM)
Citibank can
Mine got waived
*
QUOTE(kevin218 @ Dec 21 2018, 01:27 PM)
UOB - Waived
HSBC - Waived
HongLeong - Waived
Citibank - Cannot
Public Bank - Cannot
Standard Chartered - Cannot
*
UOB only waive my annual fees, still kena SST

CIMB said kenot waive the SST

Well, guess I need to close some of my CC accounts.

This post has been edited by Daylight2018: May 18 2019, 08:12 AM
kkk8787
post May 19 2019, 08:40 AM

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Maybank 2 card anyone managed to get waived
RC1234
post May 19 2019, 08:54 AM

Getting Started
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#bringBackGST
iwubpreve
post May 19 2019, 09:01 AM

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QUOTE(yewjoe92 @ Feb 26 2019, 11:51 PM)
just have SST on my UOB card... cannot waive bro..
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Citibank mine got waive. just livechat nia. both annual and sst
ykj
post May 19 2019, 09:21 AM

Mission on educating on Hibah Takaful importance
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We are the only country imposing tax for owning a credit card.
neverfap
post Jun 1 2019, 02:26 PM

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Recently applied for a card from UOB
Havent activate it
Will the card be subjected to sst?
Sumofwhich
post Jun 1 2019, 02:32 PM

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QUOTE(neverfap @ Jun 1 2019, 02:26 PM)
Recently applied for a card from UOB
Havent activate it
Will the card be subjected to sst?
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Should be charged sst no matter activate or not
neverfap
post Jun 1 2019, 02:35 PM

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QUOTE(Sumofwhich @ Jun 1 2019, 02:32 PM)
Should be charged sst no matter activate or not
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Alright
Thank you biggrin.gif
shinzen90
post Jul 14 2019, 03:57 PM

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I realized the new government started many different new charges on us, so far do not see any project that can save my penny or bring me more penny. I made an bad move for queuing 3 hours for the election, I realized whoever up there, they feel the different, whoever down here, cannot feel any better but pain and regret.
annoymous1234
post Jul 14 2019, 04:07 PM

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QUOTE(shinzen90 @ Jul 14 2019, 03:57 PM)
I realized the new government started many different new charges on us, so far do not see any project that can save my penny or bring me more penny. I made an bad move for queuing 3 hours for the election, I realized whoever up there, they feel the different, whoever down here, cannot feel any better but pain and regret.
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Yea more tax. Next year got Spotify and netflix tax
winter-X
post Jul 29 2019, 04:11 PM

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QUOTE(Sumofwhich @ Jun 1 2019, 02:32 PM)
Should be charged sst no matter activate or not
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I thought only government service charges on CC only changes upon card activation. Please correct me if I'm wrong.
Sumofwhich
post Jul 30 2019, 12:01 PM

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QUOTE(winter-X @ Jul 29 2019, 04:11 PM)
I thought only government service charges on CC only changes upon card activation. Please correct me if I'm wrong.
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Chargeable, if not using pls call bank to cancel card

 

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