If you’re currently using Maybank to repay your credit card bills or loan, then you have to pay attention to this article!
According to The Malay Mail, Maybank will be charging their customers a small fee whenever they use cash or cheques to repay their credit card or loan financing, starting 1 October 2019.
There are several transaction methods in which customers can use cash or cheques to repay the above-mentioned bills but the ones that will require them to pay a fee are stated below and the fees range from RM0.50 to RM2.
- Over-the-counter (OTC) – RM2
- Smart Recycle Machine (SRM) – RM0.50
- Cheque Deposit Machine (CQM) – RM0.50
Nevertheless, the fees for OTC will be waived for specific customers who repay their loans and credit card bills via Maybank. The customers who are exempted from paying the OTC fees are:
- Senior citizens
- The disabled
- People who don’t have access to their current or saving account with Maybank
Apart from that, customers who pay via ATM (automated teller machines) will also not be subjected to a fee. Take note, guys!
Therefore, Maybank’s customers are encouraged to make payments through the Internet or mobile banking (M2U or M2U application), which are all free of charge. Online transactions are the way to go!
The report revealed that this could be Maybank’s attempt to encourage its customers to utilise online banking more. Do you agree?
Prior to this, Public Bank introduced similar fees for credit card and loan repayments, which were implemented this month (April 2019).
On that note, don’t forget to share this article with your friends and family who are Maybank users and if they repay their credit card bills and loans via cash or cheques. What do you think of this new fee system? Share your thoughts in the comments below!
M’sia Day: From Good Memories to Biggest Struggles, M’sians From Different Walks of Life Share Their Inspiring Stories
As we all know, Merdeka has passed, and Malaysia Day is fast approaching. And for those of you who often...
Forget Flying to Jeju For Cherry Blossoms, Visit This Immersive innisfree Event Instead For Free Goodies & More!
Very often, when we say “Korea”, some of the very first things that come to mind are skincare products, the...
Looking For Your Next Holiday Destination? Here Are 3 Hidden Gems in Vietnam You MUST Visit!
You know you’re blessed to be Malaysian when you get to have a numerous amount of public holidays that come...
Rempit Kids Are Cheating Death Again by Doing “Superman” Pose, This Time on PLUS Highway
Tuition Teacher Rapes Underage Student 285 Times & Promises to Marry Her When She Turns 18
You Can Actually Un-stick Your Superglued Fingers With Salt
Malaysian Loses 75kg in Only 6 Months by Doing 20 Minutes Exercise Every Day
Heartbreaking Moment Old Uncle Sells Food Past Midnight, But No One Buys From Him
Did You Know Malaysians Can Actually Renew Their Passport Online? Here’s How
- Malaysia1 day ago
Wife of Famous M’sian “Tit Tar” Master was Allegedly Domestically Abused and Beaten
- Inspiring1 day ago
Baptist College In Australia Changes Dress Code To Accommodate Their First Hijabi Student
- Cute2 days ago
Cat Comes Home With Gift For M’sian Owners, Turns Out to Be a Live Rat
- Viral2 days ago
Shameless M’sian ‘Chups’ Parking Spot in Sentul, Start Recording When Netizen Calls Him Out
- News2 days ago
Six Cannabis Plants Allowed For One Home Under Proposed Law In Thailand
- Inspiring2 days ago
Mum Shares Heartbreaking Photos of How Her Daughter Supports Cancer-Stricken Brother
- Viral1 day ago
M’sians Are Sticking Pantyliners in Surgical Masks to Fight Haze & We Can’t Believe It
- Malaysia1 day ago
End of an Era: Mid Valley’s Speedy Outlet is Closing for Good on 15th September