at the risk of sounding like a broken record....

bnm mandated a migration to pin based verification for all PAYMENT cards....this covers debit, credit and charge cards...but bnm NEVER issued any instructions for atm cards...

atm cards by themselves, are already and have ALWAYS been, pin based...that's the only way you can take money from the machine...so it need NOT be "upgraded"...

banks however may decide to stop issuing atm cards, and migrate to co-branded debit cards...or may continue to issue atm cards alongside debit cards....

there is NO conflict between the two platforms...they can exist side by side....and i have both types of cards from overseas banks, accessing the same account...

so it's an individual bank decision and nothing to do with bnm...

when the sponsorship ends, ixora doesn't need the account anymore....just close...

you can open multiple bsa....but if you do not need the atm card, just let it lapse....you can transfer your sponsorship money from that account to your regular transaction accounts by giro....11sen only...

i thought m2u savers is an online account, and can only be accessed online?...it can only be opened in conjunction with another account, cannot exist by itself, no?...

Cannot change.... happened to me too....so had to cancel and set up another account....

I notice it after it was done.... done remotely through phone and WhatsApp..... was annoyed, told the officer when there are options and a decision has to be made, always check with the customer first....so she just cancelled immediately and start a new account....

there is never any expiry date for the pure atm cards...

but banks may want to discontinue the pure atm cards and migrate completely to visa/mc co-branded debit cards....rhb has already done this...

is that the aspire card?....rm8 for unlimited withdrawals....

you can opt for the normal cherry card, which is free...

yes....it's free for 4 withdrawals a month, and rm8 for unlimited....

I think they will try to give you fee based cards by default....rhb also did that to me...had to specifically request the free card...

It means zero limit, or cannot be used as a debit card....it becomes only an ATM cash withdrawal only card....

The deadline has been pushed back 6 months....so the pin and pay system only become compulsory from 1 July...

I have already used PIN verification a few times, if the cashier asks....the majority however still manually bypass PIN and get you to sign...

Have been using PIN based payment for a few years already overseas....

It is not necessary to change the black and white pure atm card at this point...

That is correct....there is no decision yet as what to do after end 17....it is possible to have the pure ATM card exist along side of Debit cards....but some banks have already decided and migrated all to debit cards....

I have been saying all the time that pure ATM cards are NOT affect by this move....But some people don't believe...

for most banks, that is the case....i think even maybank has stopped issuing their own black/yellow atm cards for new accounts....

debit cards linked to basic accounts are supposed to be free....but you have the option to get paid cards, which allows higher spending limits....

It is strange for any one to need withdraw money between MN and 6am, that is so urgent it cannot wait till the next morning...So often....

The new debit card has nothing to do with online banking....