yeah, i do agree on what you said. i will elaborate a bit what CIMB do with their flexi and take it back later when too many ppl voice up.

they wanted to charge 'unutilised' finance charge, something like commitment  charge if you have OD. to make it short, you brow 1mil but you put 1mil cash in ur flexi and cause CIMB cannot gain interest, they will charge u a % of loss in income.

so yeah, when BNM adjust lower interest banks should follow not increase.
yeah better try luck, alot of ppl doesnt do tat. i will suggest that those who didnt complain should accept paying the higher % to CIMB while those who complained should enjoy the lower rate!

i have not receive any notice yet, gonna complain!!!
i heard ppl said 0.1% is not enough for dim sum? its either they eat very expensive dim sum or they have very small amount of loan. take an 'affordable' house as example, 500k price 450k loan. 450k  x 0.1% = RM450 extra for a year, not enough for dimsum? avg dimsum for 5~6 outside normal place is like RM300? imagine those shop lot or factory... 5mil or so... RM5k a year, some1 has to name me this dimsum restaurant where i cant even buy 10ppl dim sum with RM5k!

if we go deeper, CIMB is more expensive than other banks who reduce %... thats like 0.2% diff. now we can have RM10k dimsum shop name thanks.

lol i know some1 will divide it and make it look smaller. how about the fav of buffet the compounded interest factor? anyway, when your financier offer you a 10 20 basis point loan. remember to tell them no need.

Guys,

Just got a update from BNM instructing CIMB contact me to resolve my complaint.

This may not mean much but at least, its something.

Please send your complaints to BNM if you're a CIMB Customer

Stand up for your rights....

Even if it fails, it does not cost you any money but it could save you a lot.....

+1.
wasting time