u can jump to aeon watami card instead

besides the benefits/discount on watami deals, this card also offers 3% cash rebate for non-watami transactions (except for petrol). 

The OCBC TMC with RM24K annual income requirement is great for those unable to qualify for the MBB 2 Cards and need a card for occasional usage. For petrol, like I mentioned, there are better options.

If one has MBB2 Cards, I don't think they be bothered with OCBC TMC - that is if they spend less than RM10K per year with their MBB 2 Visa or MasterCard.

And if one does spend RM3K to RM5K per month, Alliance credit cards are better compared to the OCBC TMC at places that do not accept AMEX.

However, for big spenders (more than RM10K per month) who needs Visa or MasterCard, then the 1% offered with the OCBC TMC is pretty good at places that do not accept AMEX. Then again, for big spenders, they should be able to qualify for other better cards. OCBC WMC does offer 1.2% cash back but the annual fee is high and not even FREE if one is an OCBC Premier Banking customer.

OT, but I guess I will answer your question here.

If you had read my article Visa Infinite - Allaince Bank vs Maybank vs UOB Bank, the Alliance Bank VI is FREE with Privilege Banking.

As to your question is there other ways waive the expensive Maybank VI annual fee, I don't know since I have been getting auto annual fee waiver for the last 2 years.

However, the MBB, Alliance and UOB Visa infinites are only good for converting to Enrich Miles because their overseas admin fees are high ranging between 3% to 4% as Visa International since few months back increased their conversion rates.

If you don't really spend much on overseas transactions to get reward points to redeem for Enrich Miles enough for you to get a Business Class ticket - click here to read my article Enrich Miles Sales Is Fantastic for Maybank Visa Infinite 5X Treats Points, I suggest you click here to Pin Thread on Overseas Transactions where many of us report and compare different cards conversion rate. Cards like OCBC and AEON have reported to have low overseas conversion rate.