I have several credit cards.
What for?
Reward Points.
Back-Up.
Balance Transfer.
BUT, be very careful with credit cards - self-discipline is very much required.
Anyway,
In Malaysia, credit cards are normally free for life (annual fees FOC) - subject to T&C,
Except for the stupid Govt. Tax of RM 50 per card implemented last year or so ago.
Stupid Tax.
T&C to free for life is that you need to swipe your card at least 24 times a year - any amount.
So, if you see one very old car parked at the Petrol Pump for a very long time, it may be ME,
swiping each one of my cards for a RM 5 (i.e USD 1.56) petrol purchase each . - Muahahaha ...
So, friends - anyone a Credit Card Hoarder like me?
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JUST FOR NOTE :-
If, you have valid complaints regarding your credit card but getting nowhere with their Customer Service, where do you go to?
Nope, not me or Lucky or Ghost Buster.
But,
Bank Negara Malaysia (i.e Central Bank Malaysia).
See link below :-
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