See this low iq makes it so obvious that he reported me.

Low iq is low iq. Like I said. Not going to live much longer.

come on man, you also clearly earning minimum wage since you dint have a clue how credit card work. Probably because u dont have credit card and u are not eligible. And base on your previous thread, u cant even afford a proper power cable for your laptop. So sad man.

Same rules apply for other cards, no? I usually pay the non-installments in full and the installments according to the plan.

If limit >100k, will not see a difference to the balance while interest charges are borne by the merchant. BTW, I like Maybank, got points can trade for home appliances, suitcases, dll. One time buy watch at 30-40k, 0% 24 months installment, points berlambak. Now waiting for ipong or Fold..

Hello, I used to work at the bank and used to deal with these sort of questions and all. So let me help you all understand.

0% credit card installment, as you can see different bank cards will offer them at your favourite retail stores or online stores.

At the end of the day, the bank card charges the retailer a fee for it. Here is the rough amount of charges we charge to the merchant (do note that this was about 6-7 years ago when I was at the bank, rates may have changed now).
12months ~ 3.5-4% (depends on the volume)
18 months ~ 4~5%
24 months ~ 5%-6%

In the past it was very difficult to sell this to the merchants and retailers as they were very very calculative but of course times were a lot better then. When times were bad and sales were bad, they then started to use this and realised that they could increase their sales on this. Merchant happy, bank happy, customer happy.

Now in terms of how merchants would price their product, if they have the flexibility to set the prices that they want to, then you would see some markup in them. For those selling products whose principal sets the prices (e.g. Apple) you would see more "value". A lot of Apple retailers at the start found it tough because the margins were horrendously thin, so I remember suggesting to them to bundle in things like Apple Care (double digit margins) or items such as cases (very high margins) to balance it out.

So TLDR, you are all right.

This is common sense. But most people here dun have common sense. They really should just go back to the kampung. But I doubt they will survive there as well.

Usually CC fees these days for Visa/Mastercard is around 1.1-1.3% depending on volume. If they went through a reseller, might be slightly higher versus going to bank direct. Hence they would rather pay the 1% fees then give you more discount. Unless they discount you are asking is less then the CC fees

Lol WIN 🤣🤣

OMG kesian

Of course, The discount I expect should be less or equal to the CC fees.

I also understand for retailers, their profit margin is already so high, they can probably absorb the CC fees. But I know for electronic goods or other higher price goods where there is higher competition, this 1% is actually quite significant.


As for the other kampung guy, my fd interest and the rental collected is already enough to cover my living expenses many many times.

Continue to work as a slave and try to be a stupid hero here ok.

woah woah woah, give me the restaurant name. extra surcharge is illegal. can lipot to authority.

in the meanwhile, all /k can boycott that shop also.

I think what they do is very fair. Their price is pretty cheap as well.

In fact just because of this, I visit their shop even more as compared to shops which charge so high just because they give you the convenience of using a cc.

This post has been edited by BrookLes: Oct 2 2023, 05:20 PM

if zero interest and pay on time
what's wrong?

reading the dude's posts i suspect he is schizo

Why I got a feeling is N** W** 😂

This post has been edited by viktorherald: Oct 2 2023, 05:25 PM

there's nothing fair here yo.

it's ethic.

i accept cards and ewallet my restaurant at my own cost, i never pass down the surcharge to customer nor do i see 100% of the shop i went all over the place have this sort of surcharge.

so just reveal the shop name la since you say their price is pretty cheap also, im curious and wanted to go makan there also.

even my korean shop here selling tteokbokki full plate RM16 also never charge any surcharge.

This post has been edited by a13solut3: Oct 2 2023, 05:26 PM

Narcs always like to project themselves to others.
I know I know. You can always jump from the 30th floor to cure yourself.

Would not say is "surchage".
They just waive the service charge if you pay by cash that's all.

Would not say is "surchage".
They just waive the service charge if you pay by cash that's all.

2.8k only why installment?

that is even worse practise, i never waive 6% service charge also as that money is part of staff incentives.

and i mean service charge, not tax.

how on earth does this shop being allow to operate anyway? sounds like the shop illegally charging credit card surcharge on customer, and unethically remove service charge that was meant for staff?

anyway, you should really reveal the shop la..



only 10% of my customer actually using credit card only, why need to penalize my sales staff by waiving the service charge?

This post has been edited by a13solut3: Oct 2 2023, 05:35 PM