Credit Cards Overloaded

Almost everywhere you go… You will surely be approached to apply for credit cards by the promoters/agents. I always tried to avoid them by enrouting. Hahaha… If there is no way to escape, then I would just walked passed and act like I didn’t see or hear them. How mean am I? Hahaha…

I have many friends that have many credit cards. They own like almost every credit card from every bank in Malaysia. Why? Some like to collect these cards, but most of them take advantage of the balance transfers feature that could help them in paying their bills.

Not only that, some even apply just to get the freebies that come with the application without even bother to compare credit cards benefits and privileges. I know a friend who applied for so many credit cards that are offered to him but rarely use them instead he waits for the banks to give him free gifts for his birthday. As the bank are trying to keep their clients, so they try every possible way to make sure their clients don’t cancel their credit cards.

Many banks have their credit cards annual fee waived too. So, there is no harm owning so many as long that you know what you are doing and don’t overspend your limit. Be sure to pay back every single cent that you had spent with them. Be a smart consumer!

*This post is brought you by Card Guide*