RM50 credit card finance charge
Good news to Maybank credit card and American Express Cardmembers.
In view of the recent announcement of the annual RM50 credit card finance charge on each principal credit card and RM25 on each supplementary card, Maybank would like to advise all their cardmembers that :
1. You do not need to take any action now as we are obtaining further guidelines from the authorities on this matter. As the annual service tax is only effective 1 January 2010, it is best that you retain your card to enjoy the many Card privileges. Be assured, we will advise you accordingly upon receipt of further direction on this.
2. In the meantime, continue to enjoy the many Treats and Membership Reward privileges of being a Maybankard and American Express Cardmembers :
*Free for life annual fee for PETRONAS Maybankard Visa, PETRONAS Ikhwan, SonyCard and American Express Gold Credit Card
*TreatsPoints and Membership Reward Points that never expire
*Earn 2x, 5x, 8x and 10x points at selected merchants during promotional period
*Largest network of over 4,000 EzyPay merchants offering 0% installment plans for Maybankard Credit Cards
*On-the-Spot redemption of TreatsPoints at over 600 merchant outlets
*Convenience of settling your credit and charge card bills at any of our 450 branches nationwide or via online
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2 Comments on “RM50 credit card finance charge”
How is this a good news? The bank has not confirmed anything yet. So… how ? Are they are expecting us to retain the cards up to Jan 2010… and then suddenly find that they are imposing the RM50 on us, so that we don’t have the time to cancel the cards at all?