Direct Access will be discontinued by end of the year. Those having current account at Direct Access will be migrated to CIMB Preferred while credit card from DA will be changed to VI/WM upon expiry of the anniversary date of the credit card. They are doing in stages till end of the year. My C/A has migrated to CIMB Preferred already.

Yes but the letter came after I have already done the migration. It was the Relationship Manager(RM) who called me of the migration and I called DA CS to confirm. Set an appointment and she came over to do the necessary wihout me going to the bank.

Not really. I have checked with them too whether I need to maintain RM200K (which I do not have) as the pre-requisite for opening of a CIMB Preferred a/c. They said just for this DA migration, no need to maintain, conditions are the same as previously enjoyed in DA.

I think they will review each DA a/c before assigning which a/c to be migrated to.

I also noticed that a lot of DA credit card holders do not know that they can actually open a Current A/C under DA which give better interest than the normal CIMB C/A

Yes I do agree with you. I have been maintinng DA since 2000

Ya they charged RM1k to the c/c and credit to the SA/CA a/c.

Maybe you should call them to check on the migration

Yes because CIMB wants to discontinue DA so eventually all DA a/cs and c/c will be converted to CIMB.
I think they have certain conditions that need to be met depending on your credibility with the CIMB.They might migrate yours to equivalent CIMB gold card or upgrade to VI/WM. Mine initially was DA gold card and was upgraded to DA Platinum few yrs ago.

Yes, you will be asked which branch you want the a/c be opened. For eg if you are offerred to migrate to CIMB Preferred, you should open at the branch that has CIMB preferred (mind you not all branches have CIMB Preferred). You will then be assigned a RM (Relationship Mgr) He/she will do the migration for you at your preferred branch and you just need to go to that branch to collect your cheque book a week after the a/c has been migrated.

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Added on September 22, 2011, 10:40 amDid you ask more (eg DA will be discontinued) As I said earlier, they might vet thru your a/c before upgrade or just migrate to the similar a/c at CIMB.

This post has been edited by rayng18: Sep 22 2011, 10:40 AM

for my c/c not migrate yet, continue to use DA plat until they send another letter to inform me of the change

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Added on September 22, 2011, 10:52 amI think better ask CS in DA on this. because the earlier info was given to me when RM from CIMB Preferred called me of the migration.

This post has been edited by rayng18: Sep 22 2011, 10:52 AM

Yup. totally agree. Each cc from different banks is different from one another. Just apply for the one that meet your requirements

yup have the same thing oso and I have to redo all my auto debit with DA again with the new card. HSBC upgrade my card recently and the card number is the same as the old one.

Your record must be not good then. I have my DA card for 11yrs and was upgraded to DA Plat few years ago and DA current a/c also upgraded to CIMB preferred

DA will be discontinued by year end. They are in the midst of migrating to CIMB. My DA current a/c has already migrated, but not sure if CC will be the same coz was told to continue using DA cc until next anniversary, some forumers called their cs indicatiing the migration is only for current a/c. Need to check again later on the cc.

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Added on October 19, 2011, 4:16 pmhaha. but I also did not allow them to earn interest from me as I pay in full each month and my usage was like few hundred bucks only

This post has been edited by rayng18: Oct 19 2011, 04:16 PM

Yup. Only for existing DA migration no need to fulfill AUM 200K.

This post has been edited by rayng18: Oct 21 2011, 10:55 AM

I was told this will be permanent. just for DA migration no need to fulfill AUM or to maintain RM200K. All terms and conditions as per DA previously but enjoy the preferred benefits.

This post has been edited by rayng18: Nov 11 2011, 02:03 PM

call them and check what's the status

Just bought chocs from LCCT eraman on 3/1/12 and used my DA Plat still got 10% discount

DA will be discontinued

dunno yet have to use the DA until expiry date before they issue the new replacement. So far only my DA current a/c have been converted to CIMB Preferred and my DA credit card is valid till 10/14. Have to wait whcih card they will be offerring to me.

Aiyah what is RM50 when you r using plat or above and the discounts u get the whole year already more than RM50

That's what I was informed last July (2011) when they have converted my DA current a/c to CIMB preferred but still using DA platinum card, ask whether my cc will change as well, they told me to wait until my current DA cc to expire first. I think they stop all new app for DA cc and just maitain existing one at the moment.