Finally!
I submitted my cancellation of my Stanchart Plat Visa.
Good riddance.

It is the most hassle card, ever!.

1) Have to call them annually to waive fees.
They will agree if subject to a certain no of swipes.
use points to offset.

2) first bank to write me to submit proof of income when Bank negara
implemented the 3K one card rule.

3) After agreeing to annual fee waiver, say cannot cancel card for at least 6 months after that.

4) Existing members has no benefits. New applications got waiver this, cashback that, free gift this.

5) No more plaza premium lounge entry.

6) 24k pa requirement. for a platinum card, mengsiasuikan and low klass

bye bye stanchart.

Yup, it defeats the purpose.

at least new card holder got something.

existing card holders got nothing, nil elek pochi

I cancelled my card.

Thinking of reapplying for the cash rebate after 6 months
and cancel again.

workable, no?

oh, ok.

Will reapply after 1 year,
IF the cash rebates is still there, that is, lol

no really anytime.

the CS will ask to hold if there is rebates and waivers.

i waited 6 months to terminate mine.
they just refuse to do it.

reason give:
we have waived your annual fee just recently.
due to that we suggest you hold on until xxmonths
you can cancel after that.

after the 6 months they still refuse to do it thru phone,
say officer not available,
try hold on another year,
upgrade this that.
no black and white confirmation card cancel
etc etc etc

end up i cut into halves, printed out cancel letter frm lyn
go to their branch and ask them chop and sign.

what a despo bank!

i know that,
but the underhand tactics is annoying.

especially the annual fee waiver part.

i forgot whether they charge the fees in advance or after 1 year.
scared they say will charge back if cancel just after waiver.
the fee is not cheap for a plat

many cards dun have free annual fee.
they ask to call up to waive after 1 year
giving the impression it will be waived everytime.

theoretically
let's say i have zero balance,
i call up, if they dunwant waive, i cut and burn it

if have a lot of balace or 0% intaslment paln.
call up for waiver,
they can just say, sorry cannot waive.
cancel? fine, pay back what you owe and do it!

i will never sign up for a credit card that has annual fee ever again.

stanchart has no free annual fee cards

it seems that there is a "no free annual fee" policy
for all foreign bank cards in malaysia.

call up to waive is a workaround solution to that policy
as it is their prerogative to waive or not,
card holders are sweet-talked into signing up.
nothing in T&C about waiver.

like will kena scammed sooner or later.
just saying

you hold 6 months without cancelling,
agent get commission.

that's why

I don't think if you apply online,
it states you must hold the card for 6 months