HSBC Poweravantage User Read This - RM5 / mth charges
If you're new here, you may want to subscribe to my RSS feed. Or you could get Wahlau.NET daily post through your email. Thanks for visiting!
Starting June HSBC have suddenly decided to earn more money out of their client by charging RM5 Powervantage fee. I do not have a monthly statement because I use online banking. Therefore I would not have notice it until my wife met someone talking about this charges.
I got charged starting of this month as well. So I decided to give them a call. First the lady handling mention that the only way out is to have minimum RM20k balance in my account to waive the RM5, why would I do that? (RM20k x 3% / 12 month = RM50bucks). It makes no sense at all. After arguing and questioning the difference I got from this RM5 service charge, she finally mention that I have a way out by changing my saving account to a regular account (not powervantage). When I ask her what is the difference between Powervantage and Regular Saving, she mentioned that Powervantage have checking. Ohhhh…I do not applied for this service even the very first time I open my account. Why the hell did the guy open a Powervantage account then?
But I have to crawl my way to the bank and queue in order to make this changes. So the only crawl I am making to the bank is to close down my account.
I am just posting this to ask those who have saving to take note of the RM5/mth charges.

