This post has been edited by davidxxx: Sep 2 2025, 07:21 PM

Sad. I will cancel HSBC due to the annual fee…

Important Update: New Annual Fee Waiver Criteria (PDF)

Link here https://www.hsbc.com.my/content/dam/hsbc/my...er-criteria.pdf

download/keep it for future reference

same if they don't waive next June
i calculated past year only spent 8.8k

I guess one way to get around the spend criteria is to charge something to IPP...?

Maybe they can still waive by contacting them? Just no more auto waive similar to Alliance.

the annual spend rm6k , top up tng/ewallet count?

the annual spend rm6k , top up tng/ewallet count?

Confirmed plastic card... Replacement is RM 50 (if you don't "need" a replacement and saja want to get the new design).

Thank you for the update mate.

I will be surely will be canceling as i dont spend much on this card, Visa Signature.

Just to ask you guys opinion, i say my service tax was charged in July2025. Which i think is my annual cycle month.
So if i want to cancel, should i wait till next year June and cancel? Or i should just cancel now?
What you guys think?

Already paid SST then continue using for a year.

Errmm...sounds right.


Anyone using Amanah Premier World Master card? It seem a better option without annual fee for now.

This year dont allow waive if didnt hit spending threshold. I called, even cancel also need to pay off the annual fee

If you didn't spend after the AF is charged, then can ask them to cancel but it could be a long battle with them. Unlike other banks which will agree to write off, not for HSBC though. They insisted me to pay for it and I refused, wrote a complaint email ding dong for a few months and only got resolved. During that period, my CCRIS was already "1" due to no payment and charged with interest. Eventually, they agreed to waive it off and cancel my card, this whole card was removed from CCRIS with the "1" as well.

This is very scary. Is it better if we just cancel the card before the card anniversary date?

I have the VS card and I just saw that the AF is RM600.

For HSBC, I would say yes, cancel before AF is charged. Else the pain is never ending.

yes, they have no mercy on annual fees, i misplaced my card both vs & mpower, and freeze both cards, and i asked for their waiver, but non nego. so i marked calendar for the next year annual fees, awaiting the day i cleared all my BT & Installment plans hopefully before the due date, and kiss them goodbye.

But Mpower Platinum card-i has no AF right cos I see only SST?

maybe you hit the waiver requirements, but for mine its RM240.

But waiver requirement is just one txn per month right?