Since our government announced that every principle credit card holder must pay a RM50 charge for their cards, many of us have terminate all the extra cards that we used to have. I did the same as PiggyBeng refused to let me hold my own card so I can save on the RM50.
This new ruling has been a big blow for many banks and financial institutions as there were a huge dip in their credit card sales since the announcement. Even my cousin who is working in the bank felt the pinch as part of her job is to push for credit card sales.
However, I still see many banks who are very determined to get clients with their strong marketing exercises. In fact, they are even pushing their insurance marketing along to get more sales.
Well, life still goes on I guess…