Congra! May I know your main aim of applying this card is for what type of spending?

Congrats, it is a good card when the AF is still not charged 

Woo...seems like this card is good for cash rebates for petrol n groceries. Will try apply this card for now

if can control groceries and petrol usage on fri and sat and usage less than RM1000 monthly. Ikhwan will be sufficient and can get 5% cash back.

No need to apply this visa signature which need to pay for annual fee for second year onward unless you spend the min RM50K yearly.

no worth to apply and use the card forst 1 year.

Agreed - I would apply the same strategy like you. Always take advantage of benefits when they are around and then cancel if AF outweigh benefits. 

no minimum spending. flexible day to spend compared to ikhwan. higher monthly quota

the benefits outweigh the effort to apply the card and spend only one year

I'm a serial applicant and canceller, especially for banks with high AF but short cooling down period for new applications. Nowadays both applications and cancellations are so easy, and new applications usually come with lots of goodies (except Maybank). So it's good to shop around.

They have downgraded the quality of their CS long time ago

do expect 15mins wait time.

even for premier line, I waited 5mins before a CS pick up this morning, previously its not more than 3 rings.

Don't think BNM will entertain the service quality level complaint. They are monitoring the discrepancy of monetary issue, not service quality of particular bank.

asked my friend to apply this card via m2u..

"your application is approved in principle" - what does this mean?
Reference number: xxxxxxxxx

we'll notify you on the application via SMS and/Or Email ..

Is this yr 1st card with MBB?

How long did you have to wait ?

Applied on?

Refer to mine:
VS approved in April 2015
MBB2 anniversary March
AF for VS to be charged in Feb 2017

Oh you better make several calls. I checked with CS hotline, email and FB, and all gave different answers. I escalated to BNM and their resolution unit continue to taichi until I finally get a black and white.