while i agree with most of ur points. that is not 1.4%. there are people paying 1.4% interest a month in homeloans / or other loans and still have foreign trips officially or for business . For them it is 1.4 % interest loss per month of wait
Blind fanatics neither help themselves nor help people around. People are expressing their anger here. Even in this "learned" forum ,people cannot tolerate this and abusing.imagine the plight of illiterate people.
By far the worst thing that can happen to credit cards and travellers. Even for educational or medical purposes, what if i am staying abroad and paying my tenant or restaurant via a card? direct 20% even if u are travelling for medical/ educational issue. take a taxi- 20% wow. take a coffee...