Can I ask your opinion?
I have 200k with asb1 since 2013. Total now is 300k in the asb1. Interest rate is 4.9 with mbb. They advice me to refinance with lower 4.85 rate given. My concern now my total tenure is 25 years since 2013, which means I have another 19 years to settle my loan and get the full amount of 200k back from mbb. If I accept the refinance from mbb meaning I have to start again the new 25 yrs in order to settle everything to get the 200k back, does it means I rugi ka?
19 yrs vs 25 yrs to get the 200k that belongs to me? Which one better? Oh ya, they say will return the surrender value 32k to me. But my concern is I have to start another new 25 yrs vs the 19 yrs....any idea?

if you want to continue investing in asb1 for another 25 years or longer then yes it's worth it to refinance, if no, then don't refinance.

plus, u get 32k cash out from this deal, but remember to use it wisely. if u spend this 32k all in unnecessary things, then don't refinance.

just my 2 cents

It’s roughly the same. Depends on what you want to do actually. Pay until 19 years more or surrender in between.
I would suggest you to do this.
If you have a home loan.
Since you’re worried of rate, use fixed rate for all your loans.
Get all your loans consolidated with mortgage rate of 4.9% with zero moving cost thus paying off all other loans by having 1 loan only. This way your ASB fund is available as and when you require. Leave the fund there and allow it to generate perpetual income for you.
If you don’t have a home loan.
Refinance your asb to Maybank only if you’re in need of the 32k surrender value. As 4.9 to 4.85 is very little difference on annual count. Maybe only RM 100 per year.

And frankly telling with BR fluctuations, any rate may/will not be the same over a 10 years period most of time. Fixed rate at 4.99% is a very good deal at this point of time.
Entry point maybe be lower rate, when it comes to sustainability fixed rate is better.