credit... spending... saving

Finally i applied my first working credit card in uk .... In UK, most debit card and credit card has foreign charges besides 2.75% impose by mastercard. This Halifax credit card suppose not to have any charges beside those impose by mastercard... We will see how much cheaper compare using my Malaysia credit card.  Actually the reason I'm writing this as I'm kind of amuse .. emm not sure amuse is the correct word but there is some different in how UK handle the credit card vs Malaysia or maybe India issue their credit card. In Malaysia, there always a promotion on credit card. For you to join or even for you to spend.. Every where in shopping mall there is credit card booth. It so easy to get credit card.  Even the credit limit normally at least double of what your salary is.. There is lots of rebate and free gift when you spend using your credit card. I earned at least near 1k or even more with the rebates, free give in my whole entire credit card usage.You can easily do that installment payment which most company din't impose any charge.   People buy beyond their need and means. I had little chat with my friend from India.. It the same thing over there. Credit card promotion and installment is normal. 

In UK, most of credit card doesn't have that much benefit. The card that i think maybe has better in term of daily spend is sainsburry or tesco card which give you more nectar/clubcard point. Some card do have a good balance transfer offer. For credit card that I apply, the benefit, there is no foreign charge and no annual fees. THAT's IT. No reward or what so ever... In a way, no reason for me to use it unless I want to travel or i want to be in debt with the bank. Even the limits is lesser than my first malaysia credit card .. which is more than 14 years ago..hahahahaha .. really no LV or what so ever. . Not sure does it because my credit check is not having high score yet. . I wonder with all this constraint,  how good or bad the debt level of people here. Anyway things is slightly different in US. I heard from my friend, if you have a good credit score in US, you can apply lots of credit that give you lots of perk.. arghhh... I'm sucker for free gift and I'm not get any here... arghharghh... 

And funny thing, if they want people to save, did I say even the interest on bank is sooo low.  The best for normal people none taxable saving is only 1.1% which some unknown bank. My HSBC only give me 0.7%.  There are some bank is giving 3%-5% but with maximum like only for the first £2000. All the interest is taxable except the ISA account which is 1.1% max.  I check the unit trust .. they don't have similar like malaysia fundsupermart either...All platform, you need to pay more to buy and sell unit trust.  arghhh .. I felt that you cannot spend and you cannot earn either .. arghhh.. This are 2 things that i love.. spend and earn... Is this the different between socialist and capitalist country?