I came across a blog that talks about Citibank draning away their cash because of unfair term and conditions for getting rebates in the petrol purchase at Shell and ~!!@#$#$%^&*
GUY! DO your homework and don't simply trust what these freelance blogger says. Do your own research! You can log into citibank.com.my and do your calculation. There is a virtual calculator there which allows you to key in your own balance carry forward and petrol purchase of the month etc.
I have personal sent email to Citibank confirm that YOU DO NOT NEED ANY BALANCE TO ENJOY THE PETROL REBATE.
GUY! DO your homework and don't simply trust what these freelance blogger says. Do your own research! You can log into citibank.com.my and do your calculation. There is a virtual calculator there which allows you to key in your own balance carry forward and petrol purchase of the month etc.
I have personal sent email to Citibank confirm that YOU DO NOT NEED ANY BALANCE TO ENJOY THE PETROL REBATE.
Below attached a letter from Citibank:-
Dear Mr Nova Lui ,
Thank you for your e-mail dated 12/17/07 regarding credit card.Please be informed that if you have RM 0 carry forward balance, rebate will falls on the lowest tier. For example, you have RM 0 carry forward balance and the purchase for Shell petrol that month is at RM1000. You will get 2.50% or 1.50% rebate according to card type. Then you make full payment for RM1000 before due date, you will not be charged for 18%p.a interest for 20 interest-free period as per the Terms & Conditions.
Rebate earned will only net-off the Shell transaction in the next statement every RM20. If the amount is less than RM20, system will carryforward till your total rebate is at least RM20. This means that if there is no Shell transaction in the following month's stmt, the rebate will be carried forward and will not be credited to the card.We hope the above clarifies.
Thank you for using Citibank Online and have a nice day.
Regards,
Lxxy Axxxxin (Miss)Internet Service SupportCitibank Berhad
Dear Mr Nova Lui ,
Thank you for your e-mail dated 12/17/07 regarding credit card.Please be informed that if you have RM 0 carry forward balance, rebate will falls on the lowest tier. For example, you have RM 0 carry forward balance and the purchase for Shell petrol that month is at RM1000. You will get 2.50% or 1.50% rebate according to card type. Then you make full payment for RM1000 before due date, you will not be charged for 18%p.a interest for 20 interest-free period as per the Terms & Conditions.
Rebate earned will only net-off the Shell transaction in the next statement every RM20. If the amount is less than RM20, system will carryforward till your total rebate is at least RM20. This means that if there is no Shell transaction in the following month's stmt, the rebate will be carried forward and will not be credited to the card.We hope the above clarifies.
Thank you for using Citibank Online and have a nice day.
Regards,
Lxxy Axxxxin (Miss)Internet Service SupportCitibank Berhad
