The service tax will appear in your next statement.

How about 1st year AF?

First year annual fee waived mah

No AF and waiver/reversal recorded in the statements.

I know it's waived but it should be appeared in the statement for accounting and audit purpose right?

Which banks u know that charges for IBFT above rm5000?

UOB

URL: https://www1.uob.com.my/personal/useful/fee...t-transfer.page

This post has been edited by David83: Jan 30 2019, 11:14 PM

Not sure, though personally I don't see the need.

UOB

HSBC definitely charges fee for >RM5K IBFT.

IINM, Maybank & Ambank do the same as well.

Luckily I dont use these banks' CASA, except for MBB which no longer impose such condition.

Hehe I hardly pay RM0.50/transfer, not more than 10 times in a year.
But I paid only RM8 for AF, enjoy good interest rate and rewards/cashback from games.
Much better than other CASA including M2U Savers!

Errr, "no longer" ? UOB just reimposed the 50 cents this year for amounts >5k. Not sure if other banks will follow suit. Instant Transfer only went free some time last year and no banks said that it's going to be indefinite. need to pay attn if you mind that 50 cents.

Like guru Clarence always say for credit cards - you make back more from them. UOB has been consistently giving 4.x% FD interest for fresh fund (other than a period of time when BLR went down quite a bit). Use Instant Transfer to transfer loh. FD mature on Bank A, instant transfer to Bank B FD. 1 year later mature, transfer back to Bank A FD.

This post has been edited by beLIEve: Jan 31 2019, 09:40 AM

"no longer" because mbb earlier charges for >rm5k instant transfer, then to FOC.

yeah. I thought all banks went FOC (as part of encouragement of going cashless?) last year? Now don't know how many will start charging again.

Bank has no obligation to extend.

not necessary. beyond 5k is up to bank to waive or charge.

I guess so. So I'm paying attention to the Instant Transfer charges whenever I do it nowadays. Last few months only syok2 Instant Transfer here and there to pay my credit cards.

ahhh ok. thanks bro. Same as above - whatever amount also I'll looky see so that I know in advance. Sometimes just transfer to the bank next door only.

This post has been edited by beLIEve: Jan 31 2019, 09:51 AM

To pay CC, you can spilt payment to less than RM5000 per transfer to avoid RM0.50 SC.

haha. my CC not so big amount. But I do need to take note just in case banks revert the charges back to 50 cents for any amount of Instant Transfer. Before mid last year it was 50 cents for any amount of Instant Transfer. Now UOB only charge 50 cents for >5000. I remember I saw another bank "free until further notice" but I don't remember which bank.

Today last day for ur cashback monthly

Spend spend spend

Btw, just reload once and tiok RM5 , i wan RM99 T___T