Guys, if my asb is full, and my asb2 is like half full but it has no more available units, what should i do now? Shud i cancel my asb 30k (made up of 30, 70, 100 loans) and top up with cash?
I got spare cash and i not sure where to put it now. Thinking of putting it into my bros.

Oh for real? Okok will do it asap. Tried it last week. Got a no more units available error

Update,
Managed to buy asb2 units.

This post has been edited by Musikl: Mar 19 2018, 02:11 PM

Yea asb2 is available again

For some reason, the last loan i applied with maybank for my house loan, they actually asked for my last years dividend. I showed them my asb statement from myasb.

Any minimum?

Hmm maybe using jompay to pay asb loan?
Just imagine the cashback on amex😍😍

maybank 2 cards has amex as part of the 2 cards. amex gives 5% cashback if spent on weekends.
Just imagine paying through jompay with the amex. RM1000 is already RM50 cashback. 12 months you'd save RM600.
So paying with cc isnt straight forward as replacing debt with another debt. Awareness on benefits that come with the credit card is really beneficial. This is just an example.

That person wants to use auto debit. He might want to get points on the credit card

This post has been edited by Musikl: Apr 26 2018, 08:41 AM

That’s right. Banks love this.
But yea we still get it back from the dividend, and you are getting the principle back when you terminate the loan.

Hey experts,
May I know what the rates are like for mbb asbf?
So far i got 5-5.45% for public, and 4.95% for corporate. Are they right?

This post has been edited by Musikl: Jul 23 2018, 11:21 AM

Oh yikes... ok thanks u two!

Guys, does affinbank consider asb dividend as income?

How about for hire purchase?
My dsr is pretty high. Thanks to asb and asb2 finances contributing most of it..

And yeah, maybank does consider as dividend. My home loan got approved due to this too.

This post has been edited by Musikl: Jul 31 2018, 07:26 PM

For cimb??

Adding to what wild_card stated,
200k finacncing is the max you can take for yourself for either ASB or ASB2. Both would be 400k.
But you can have more than that in your asb account. You get more allocation with the divident earned.
Say this year 2018 u took 200k starting january. Next year jan 2019, you get the dividend say 6.5%, which is rm13,000.00.
Your max allocation is now rm213,000.00. This is permanent. You take out 13,000, its still 213,000 max for your asb account.

Also, just to share, going all out 200k+200k might be hard for a person who just joined the work force. I suggest you take it slow, set how much u want to save each month, and let that be the comitment you take for asb financing. This will make you loose the ever increasing ceiling, mind you.
Then again if you dont have any other commitments, and living with parents, with no other plans to enjoy life, go ahead.
For me, i took 50k first, then 150k, now 400k. In between i invested on riskier investments, which turned out handsomely. Analyse the opportunity costs.

Guys, with all these dividend announcement talks aside.
Got a question on cc application. I have a feeling that this asb finacing is affecting my cc application. Its taking 26% of my income. I applied for hsbc, public bank, citibank and standard Chartered. All rejected my application.
I have 5 other cards (mbb/cimb) with total limit 20k.
No outstanding/latepayment
What the heck... im missing out on freebies...

More than the stipulated floor. >rm32,000.00 annual.
Well.. im at >100k

This post has been edited by Musikl: Dec 21 2018, 04:30 PM

Hmmm possible. Had few asbf in oct. Alright i guess i gotta hold another 6 months.

Aka.. addtional tongkat? Haha

Theyre marketing thier cc pretty hard, yet they dont want to approve.

Yeah, its called compounding.

Confirmed. Dividend is in

To another year of forced saving.
And cant wait for asb2 annoucement