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Nation

No more service tax on credit cards

By SHARANPAL SINGH RANDHAWA

PETALING JAYA: Credit card holders will have to pay the 6% Goods and Services Tax (GST) on the card’s annual fee, but the RM50 service tax will be dropped.

“Some banks may however waive the annual fee upon request.

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RM 13.90/month

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Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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