Anybody have more details about the home loan qualifications? Must be new, or existing with balance >RM400k can qualify as well? If yes, that'd be great...can achieve 6.85%!

4% on 400k, 6.85% only on up to 100k amount.

400k the bank has collateral. 6.85% includes usage of bank services which also earn the bank monies.

Basically not comparing apple to apple.

Link: https://www.cimb.com.my/en/personal/campaig...s-campaign.html
If you're an existing customer, I guess you would've received an email informing you of your Monthly Average Balance (MAB) Goal + details of the campaign.

Curious how CIMB decided this number and what's everyone's number, if any?

Mine


***Important TNC:
Basically it means the 4 p.a. bonus only applies to the excess amount above your MAB! So if your MAB is 45k and you throw in 45k, it's still 0 bonus p.a.