Hi Guys,
FYI, the annual fees for MBB Credit Card work as below (assume 1st year AF waive).
1. New MBB Card Application (1st Credit Card with MBB).
Credit Card Apply & Approved on JANUARY 2015, Card anniversary is JANUARY each year. Credit Card Expiry JANUARY 2020.
Then your next renewal annual fees is on JANUARY 2016.
(You have 12 months to spend RM50K).
2. Existing MBB credit card holder. (Assume your first credit card Apply & Approved on JANUARY 2015 while your additional/2nd credit card Apply & Approved on JULY 2015, expiry date for your additional/2nd credit card will follow the 1st credit card due date JANUARY 2020.
Annual Fees for your additional/2nd credit card will be JANUARY 2017.
(You have 18 months to spend RM 50K)
If you guys notice, all your MBB credit card will have the same MONTH of expiry date. The month is your card anniversary/annual fees.
This is interesting. I read somewhere about this concept for another bank card too. Anyway, what you mentioned is from your own experience or information by maybank?
My MBB2 anniversary will be on 15 March 2016.
My MBB VS anniversary will be on 15 April 2016, meaning the annual fee will be imposed on 15 March 2017 (a freaking 23 months