https://www.cimbbank.com.my/en/personal/ban...calculator.html

check this link to see if RM40 Flexi charge applies to your loan
the calculation is very straightforward

RM100K is your loan amount, RM80K is the cash that you have put into the account. This means your "Monthly Utilisation Rate" is above 70% (80k/100k=80%), RM40 Flexi Charge is NOT APPLICABLE, which means the bank will not charge you RM40

Flexi charge RM40 only applies to full flexi loan, not the flexi smart loan
Loan officer most probably will push you to take flexi smart loan, cuz the rate is usually more attractive/lower but it wont be much lower (in my case only 0.1%)

Hope this helps

This post has been edited by ddevil: Sep 26 2020, 09:02 AM