Consumers in Singapore are spoilt for choices, particularly in credit card marketing offers. In fact, the rules here are so relaxed, that card marketing practices will never be allowed in places such as the US or Euro-zone.
Case in point: When was the last time you received a cheque from your credit card bank giving you 'free' money? (On that note, please send me examples of the cheques you have, please.)
Such predatory marketing tactics will soon be banned in the UK. The Euro-zone will likely follow at some point.
Will Asia be next?
Read the news article here:
Unsolicited credit card cheques to be banned - UK Politics, UK - The Independent
