Bloodsucker Update
Here's an update on the MYR50 credit card tax that comes into enforcement this year.
For existing cards:
Citibank charges the tax on the approval anniversary of your card.
HSBC charges the tax one month after the annual fees of your card.
For new cards:
The tax is immediately charged to your card.
Please do cancel all your excess cards and leave only the critical cards. Once the tax is charged, no bank will waive it for you. You'll have to pay or use your rewards points. Please act before you are charged.
For existing cards:
Citibank charges the tax on the approval anniversary of your card.
HSBC charges the tax one month after the annual fees of your card.
For new cards:
The tax is immediately charged to your card.
Please do cancel all your excess cards and leave only the critical cards. Once the tax is charged, no bank will waive it for you. You'll have to pay or use your rewards points. Please act before you are charged.
Comments
You ingat apa? Nyamuk?
@Danny:
I'll also keep 2. Use my points to offset.
@Pikey:
Keep one Mastercard, one Visa, both from different banks.
@Darren:
Soon!
@Evann:
Just cut my Diners this morning.
Yippie!!!
Exactly!
@Evann:
Means they'll pay the tax lo. A sub card costs MYR25.
@Marcus:
Banks will not waive it. You'll have to pay it.