Before GST time it was RM50, and normally can be waived by the bank by certain condition. Let see how it goes now.
SST CREDIT CARD, incoming???
SST CREDIT CARD, incoming???
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Jul 20 2018, 07:28 AM
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#1
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396 posts Joined: Mar 2005 |
Before GST time it was RM50, and normally can be waived by the bank by certain condition. Let see how it goes now.
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Jul 20 2018, 10:06 AM
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QUOTE(Aparaa @ Jul 20 2018, 09:10 AM) 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. |
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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. |
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Jul 22 2018, 12:16 PM
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#4
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