Implementation of Sales Service Tax (SST)
01 SEPTEMBER 2018

Dear Valued Cardmembers,

Please be informed that an annual Service Tax of RM25 will be imposed on all Credit and Charge Cards effective 1 September 2018. This is in accordance with the Service Tax Act 2018.

Cardmembers may opt to pay the Service Tax using Maybank Points. Service Tax redemption can be made once it has been reflected in Cardmembers card statement.

Cardmembers may redeem through these channels:

- Complete the TreatsPoints redemption form / Membership Rewards redemption form and email it to maybankrewards@maybank.com.my
- Walk-in to any Maybank Card centres or branches.
- Call us at Maybank Group Customer Care as per telephone number at the back of your card.

Click here for more information.
Terms & Conditions:

- Service Tax RM25 redemption is equivalent to 10,000 TreatsPoints/Membership Rewards
- Service Tax redemption can only be made once it is reflected in the Cardmembers’ card statement.
- Cardmembers are allowed to redeem limited to the number of Principal and Supplementary Cards under his/her account.

i've called cs and they said sst will be charge in my sept statement, cannot waived absorbed what soever, so i straight away cancel my m2 cards.
but still keep my barcelona & ikhwan.

anyone got the diff version of story?
the maybank cs manyak lansi ar? not friendly like uob..
first time i call them...

You can click at the << to first page.

he also never mention about treatpoint redemption for sst, only ask me to redeem item if not point burn...
thats y still keep my ikhwan card...

 

is it "worth" to spend 10k TP for service tax?

Based on previous implementation, TP can be pooled from different cards except for the MBB VS.

Which clause?
Can share?

Which clause that is ambiguous?

https://www.maybank2u.com.my/iwov-resources...ardsSST_FAQ.pdf

Hmm...it says SST redemption by using treat points is only applicable to cards that has treat point feature.

If I re-iterate based on written words, SST for FCB can't be redeemed with treat points because FCB is not eligble for treat points. That's how I understand this.

So, in short, we can’t use TP earned From AMEX to pay m2visa / master Card SST as well?

when bank will charge SST for CC? is based on expiry date of the card?
Since my card until 2021 so not necessary to pay for now right?

only for new application after 1st September or card renewal.
"KUALA LUMPUR, Aug 30 — A service tax of RM25 will be imposed on either new credit card users or those who renew their credit cards from September 1 onwards, the finance minister has ordered."

A particular day of the expiry month, not on 1st day or the last day of the expiry month.

I'm sorry as I don't have that particular card and I'm not aware of that.

But RM 25 CST redemption is using only one redemption code in the TP redemption form:
My guess only that it could be able to pool from other existing card(s) if you have it.

Hmm...it says SST redemption by using treat points is only applicable to cards that has treat point feature.

If I re-iterate based on written words, SST for FCB can't be redeemed with treat points because FCB is not eligble for treat points. That's how I understand this.

That's why cybpsych claimed that it's ambiguous.

By the way, MBB2 Visa/Mastercard has TP but you may not have enough to redeem the RM 25 CST with 10k TP.

Who can be the kind soul to give a call to CS for clarification.
Thanks!

FAQ 11 states "The redemption is applicable to cards that are awarded with TreatsPoints or
Membership Rewards Points."

FCB Features state "TreatsPoints is not eligible for this card".

Membership reward points are only applicable to AMEX Charge Cards.

So for me, it's pretty clear. SST redemption with TreatPoints not possible for this (FCB) card.

Just my reasoning.

sorry not so und the bolded part, let says i have 3 conventional mbb card.
Card A - approved on Mar 18
Card B - approved on June 18
Card C - approved on August 18

Base on the bolded part , does it mean that all my 3 card will kena SST on Mar 19? Thanks.

SO I assume if under same calendar year, SST charged once only.

You wont get charged since you already "advance" charge for the year 2019 (March renewal)

We got both visa and amex cc. Can we cancel one of it?

just sharing my recent purchase.

went senq, bought a new laptop using amex @ 25 Aug (Sat). converted directly to maybank 6mth installment (without additional fee). maybank terminal. printed mbb receipt showing installment amount + last month amount.

today, ZERO cashback received for Amex (was expecting full RM50) 

TP-wise, if i counted correctly, 1X TP credited few days after purchase. i guess the remaining 4X TP after statement generated (?), which is this weekend.

1st installment falls on this weekend. will monitor on 2 Oct if my Amex gets cashback for the installment amount that falls on weekend

thanks for sharing.

i'll give MBB a call as well.

**update: CS filed a report. she suspected due to some error during SST cutover on 1 Sep. Asked about EPP, the cb is based on the actual full amount, not the installments later. **

yours is normal installment (ezpay) and not EPP, right?

FAQ post 2 listed:
22. For EzyPay via Amex aka installments during weekend, cash rebate and treats points will be given for the FULL AMOUNT one shot and not by the monthly installments amount.

so i thk nothing to update for now

  Did u get cashback for other spending other than this installment? If yes, u are getting extra cashback 
Have ur first installment already posted?