Sunday, November 1, 2009

Service Tax For Credit Cards

RM50 Service Tax for Card Holders - Cancel your Credit Card Now!

The government had in its Budget 2010 proposals last week announced a RM50 service tax on each principal credit card, charge cards, including free cards and RM25 for supplementary cards by January next year.
This is a Bad news and ridiculous to Malaysia credit card holder.
It will effect all the credit cards including that have been promoted with the tag line “Free for Life”.
No more freebies.

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