Archive for the 'Credit Card Reviews' Category



Bankruptcy Statistics Based on Credit Card Debts in Malaysia

No Comments | August 4th, 2010

We have total of 3.2 million credit card holders nationwide last year. Did you know how many of them were failed to pay credit card debts and caused them bankrupt in 2009? Make a guess? On average, the percentage of credit card holders declared bankrupt was only 0.04% out of the total number of principal [...]



MBF Cards Power Balance Transfer Free Credit Card Service Tax

3 Comments | December 3rd, 2009

What are the latest updates on RM50 credit card service tax in Malaysia? Recently, there are a lot of people deciding to cancel their multiple credit cards and keep only one or two cards due to the tax charges. Finally, we have received good news from MBF! They will subsidize the service tax for us. [...]



How to Cancel Credit Card in Malaysia?

2 Comments | November 4th, 2009

What is the procedure of credit card cancellation in Malaysia? Below are 5 simple steps to cancel credit card: Step 1: Redeem the credit card reward points Step 2: Write in to instruct merchant (e.g. Celcom, Digi, Maxis, Syabas, TNB, Astro, Prudential, Great Eastern, and etc.) to cancel all the auto debit instructions, if any [...]

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