Indonesia Credit card Regulation.....

Jakarta - Bank Indonesia (BI) requires that credit card customers can simply hold the card of only two publishers. It is reaping the objections of the credit card issuer.

General Manager of Credit Card Association of Indonesia (AKKI) Steve Marta said only in Indonesia, which limits the number one credit card ownership.

"Only in Indonesia is limited. Credit cards should only be from two publishers. It's hard to practice," said Steve when talking with detikFinance, Tuesday (19/05/2012).

Yes my blogger in Indonesia where i staying know credit card user in have limits to own credit card just two credit card (note : this regulation for credit user who have income below 10 million rupiah /USD 1000 /month)

And the other who have income above USD 1000 they may have more than 2 credit card , for example if you are approved to have 5 credit cards with a limit of Rp 50 million, so the credit card A has been used up to Rp 50 million auto 4 other cards decline. Can not be used as your maximum limit is $ 50 million. It is not the limit of each card distributed. Similar electrical connections more or less slow. Automatic voltage exceeds power consumption will fall. So the conclusion will inevitably also have to choose a credit card about where the most good for you. For if we do not waste your money just to pay the annual fees.

This policy will be implemented in 2013.

Source:www.akki.or.id