Credit Card companies charge an annual fee to credit card holders. Charges are varies for each company. Some ranging from RM90-RM120 per annum others as high as RM500 (Platinum Card).

Recently for the past 2 years (2008 & 2009) I been calling and request for Credit Card Annual Fee Waived. Too my amazement I’ve got all my Credit Card Annual Fee Waived.

Tips on Requesting Credit Card Annual Fee Waived.

Check your statement or simply call Customer Service to know when your Credit Card Annual Fee is Due. If its already charged just make a request then it will be waived on your next month statement. Read the rest of this entry »

Popularity: 12% [?]

Let me play the devil’s advocate and say that even though this seems to hurt the consumers in the short run, in the longer run this is a better approach.

Consumption fueled by credit is neither healthy nor growth oriented. Look what it did to the US. Yes credit cards are convenient but you don’t really need more than 2 (a Visa and Mastercard possibly an Amex if you are frequent business traveler which can be charged to business).
This is not targeted to consumers like you but to lower income groups who end up getting snared in the debt and these are usually the people least able to afford the high interest and fees. Read the rest of this entry »

Popularity: 11% [?]

A credit card is a payment instrument that enables you to make
purchases of goods and payment of services instead of using cash or
your debit card. You can use the credit card at any merchant locally or
internationally, which displays the same credit card brand as that on your
credit card.

Plastic Money Use it Wisely

The credit card issuer will pay the merchant on your behalf first and bill
you later. When you get your statement, you are required to settle at least
the minimum payment amount by the due date. The credit card issuer will
impose finance charges (interest) on the outstanding amount if it is not
paid by the due date.

Read the rest of this entry »

Popularity: 3% [?]