I run some numbers. Moving my insurance to Wise is just about +250 difference in a year. To sweeten the deal, they should abolish the AF.

Let's do a scenario analysis shall we?

Scenario 1:
Slightly more if I use Essential to pay Insurance. 0.6% on RM1,000 would be RM6.
Insurance etc RM1000 x 0.6% (Essential) = RM6
Petrol RM300 x 5% (Ikhwan/One - Weekend) = RM15
Mobile RM250 x 2% (One - Weekend) = RM5
Groceries RM450 x 5% (Ikhwan) = RM22.50

Total monthly = RM48.50
No annual fee so total 12 month will be RM582

Scenario 2:
If I use Wise:
Insurance etc RM1000 x 0% = RM0
Petrol Mobile Groceries RM1000 x 10% = RM100

Total monthly = RM100.00
With annual fee of RM170, total 12 month will be RM1,030

The crucial point would be the additional RM1,000 on other spending, whether one is able to hit it or not.

Let's do a scenario analysis shall we?

Scenario 1:
Slightly more if I use Essential to pay Insurance. 0.6% on RM1,000 would be RM6.
Insurance etc RM1000 x 0.6% (Essential) = RM6
Petrol RM300 x 5% (Ikhwan/One - Weekend) = RM15
Mobile RM250 x 2% (One - Weekend) = RM5
Groceries RM450 x 5% (Ikhwan) = RM22.50

Total monthly = RM48.50
No annual fee so total 12 month will be RM582

Scenario 2:
If I use Wise:
Insurance etc RM1000 x 0% = RM0
Petrol Mobile Groceries RM1000 x 10% = RM100

Total monthly = RM100.00
With annual fee of RM170, total 12 month will be RM1,030

The crucial point would be the additional RM1,000 on other spending, whether one is able to hit it or not.

yeah, agree with u...
in ur case, wise benefits u more...

for those that spend <=1000 monthly, wise is a total no go after new TnC...

if gonna spend 2k, perhaps can look at SC JustOne card disadvantage is steep AF at RM265 for Plat

kart n fruitie, I think for those who have yet to be pay their charged AF(like mine) or yet to be charged AF, u have a good chance of having the AF waived. I just got mine waived, and I believe HL wants to retain as many cardmembers as possible. My 2 sen.

Need to spend even more (RM2.5k) to make more sense.

If I spend RM1,500 on petrol + insurance (RM1,000 Insurance + RM500 Petrol) I will only be getting max cap of RM28 (effectively 1.87%), unless I spend RM280 on petrol, and RM1,220 on others.

Total spending of RM2,500 and above makes the cashback better at 15% of Petrol + E-comm + Auto-bill (insurance i assume) but capped at RM85 per month. (3.4%), leaving Mobile + Groceries behind for other 5% cashback card.

Need to calculate more to find the optimum level of spending.

I didn't receive SMS, but I got the info from here.

Thinking out loud on strategy for new T&C:

1. Swipe RM980 at POS Online (to pay AEON Credit), pay RM20 convenience fee

2. Then if If I swipe RM1,000 per month on WISE chosen categories, get RM100

Total spend is RM2,000, net cashback received is RM80 (i.e. 4% return). Plus, there's the benefit of delaying AEON Credit payment by 1 month.

If annual fee can be waived, then this is still fairly competitive since the highest cashback cards are only around 5% (max 6% for PBB VS).

they still think giving RM100 per month is their main selling point.

"highest cash back in the market"

therefore, they dont budge when anyone asks for waiver.

they still think giving RM100 per month is their main selling point.

"highest cash back in the market"

therefore, they dont budge when anyone asks for waiver.

it is still the highest cb this month n not so sure if still the highest next month.....

once I spend 985 by the end of this month, I will try call to cancel the card and ask for AF which I had paid in March to be reversed back to me if they want to retain me...

it is still one of the highest cashback amount per month, RM100

anyways i paid my AF in june (charged on may 22nd), i guess it's too late to try and ask for waiver now 

the trouble is the min 2k spending got to keep track. if spend less by 0.10, may be the 100 cb becomes 0.

if max cb at 4.xx % annually after factor in the AF. it is not so attractive anymore n smaller spenders will have no option but to cancel it. I think switch to spend on other cards to gain Enrich/KF points and convert into tickets may worth more in terms of value.

to them, this is the amount they are willing to pass to you. whether you meet the criteria or not it's not their problem.

Me too, didn't receive anything until now.
I was thinking of the same thing too. Headache.
Heard that they start giving AF waiver these days. I will try my luck.

to them, this is the amount they are willing to pass to you. whether you meet the criteria or not it's not their problem.

similarly, whether we accept or not, it is their concern. they still want to retain some of us by branding it as the highest cb card.