Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 boost being a dick, no more cash out, all $$ stuck

views
     
MR_alien
post May 18 2020, 07:14 AM

Mr.Alien on the loss
*******
Senior Member
3,580 posts

Joined: Oct 2007
From: everywhere in sabah



QUOTE(Unstability @ May 18 2020, 07:06 AM)
We still have to pay the credit card debt. How is this abuse?
*
credit card debt is none of their worries
that's why our bankruptcy rate is so high
MR_alien
post May 18 2020, 09:50 AM

Mr.Alien on the loss
*******
Senior Member
3,580 posts

Joined: Oct 2007
From: everywhere in sabah



QUOTE(Unstability @ May 18 2020, 07:15 AM)
That's why wonder why boost Bodo Bodo want to do this. Bet many people will uninstall their boost after this.
*
BNM is watching laugh.gif
they wanna earn but u don't want BNM put u in watchlist or blacklist
MR_alien
post May 18 2020, 09:51 AM

Mr.Alien on the loss
*******
Senior Member
3,580 posts

Joined: Oct 2007
From: everywhere in sabah



QUOTE(laoahpek @ May 18 2020, 08:52 AM)
I tot abuse works when abuse user got benefit from doing it

if need to pay back CC or bankrupt...u cant call it abuse, no? hmm.gif
*
abuse only meant "taking advantage"
it didn't say you're gonna win all the time or everytime
MR_alien
post May 18 2020, 01:49 PM

Mr.Alien on the loss
*******
Senior Member
3,580 posts

Joined: Oct 2007
From: everywhere in sabah



QUOTE(moosset @ May 18 2020, 01:30 PM)
I disagree with the term abuse. Just because a lot of ppl use certain features of a product, doesn't equate to abuse!

Whenever ppl withdraw money, they also pay a fee even though money transfer nowadays is actually INSTANT and FREE. The limit was only RM3k per month. What happen if you accidentally top-up too much and need cash? How? Money stuck there.

It's my money. If I put it there, I should be able to get it back.

---------------

to draw another example: banks earn interests whenever you have late payment after 30 days grace period. A lot of ppl pay on time and banks don't earn any interest. Would anyone consider that as an abuse? No .... it's just a credit card feature!! Of course, the banks could start charging interests on CC from day one, and charge even more interests if you don't settle all after 30 days. Banks could do that, but they didn't.

I think if I were boost, not allowing others to cash-out is best for the company. Keep hogging their cash and earn interest on it. As long as you have balance in it, they AT LEAST earn interests on your balance. And some ppl might forget they still have balance in their e-wallet, so good for Boost. Some ppl have a little balance like less than RM10, hard to use without topping up. So, Boost can also absorb this unclaimed balance.

All in all, this move only benefits Boost!
but they managed to paraphrase it to ".....so that you don't fall victims to scams...."  doh.gif
*
well, the thing abt that in this case is
they don't care abt the late payment fee or interest at all and that they're not even gonna pay for the CC bill

because if they're going to pay for it, they're not gonna do it this way from the beginning because they know the risk and the payment

they shut down the feature based on order from BNM i guess, when BNM is watching u..u better becareful already
MR_alien
post May 18 2020, 02:06 PM

Mr.Alien on the loss
*******
Senior Member
3,580 posts

Joined: Oct 2007
From: everywhere in sabah



QUOTE(mushigen @ May 18 2020, 01:54 PM)
So, the next "order" from BNM is to ban cc cash advance via atm, since they're not going to pay anyway?
*
i want to know what is the limit for CC cash advance via atm is..because in this case for boost is RM1k-RM5k

because i've used card to withdraw before but that was a long time ago, i can't choose amount...all that came out is RM200

 

Change to:
| Lo-Fi Version
0.0163sec    0.41    7 queries    GZIP Disabled
Time is now: 2nd December 2025 - 09:06 AM