Is the HSBC Visa Signature 12x swipes for free annual fees still true? I saw the first thread mentioned that we need to pay in advance and call for a waiver.

Besides this, it didn't state that the first-year annual fee is waived. Does that mean I will be charged RM 600 for the first-year annual fee upon activation, and only get waived for the second year provided I swiped 12x per year?