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 Credit Card Thread V7, Everything about the world of plastic

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hackqym
post Jul 31 2009, 10:41 PM

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QUOTE(eddievh @ Jul 31 2009, 09:51 PM)
At the moment what bank offer quite attractive Balance Transfer program? Lazy to browse bank website,took a short cut ask sifu here.
Thanks.
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Affin Bank!

2% one time charge only 6 months min transfer RM1000
4% one time charge only 12 months min transfer RM1000
5% one time charge only 18 months min transfer RM2000


http://www.affinbank.com.my/ccards/BTiPANFAQ.pdf
hackqym
post Sep 3 2009, 06:04 PM

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I have MBB Petronas Visa & CIMB Petronas MC, both cards are 13.5% interest per year

If i want to switch to their islamic card, definately i have to cancel both and apply for islamic card rite?

Does the interest 13.5% remain the same or it is restart back to 17.5%?

If yes or no, does it apply to all bank if i want to apply other co-branded CC?

thanx dude!
hackqym
post Sep 3 2009, 09:24 PM

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QUOTE(David83 @ Sep 3 2009, 08:58 PM)
It's true. New additional cards from MBB need to start from beginning.
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What we can conclude here, even though new additional card MBB is is approved, the interest rate will set to 17.5%,

i think if I cancel my current card and apply new one, definitely the interest rate will reset to 17.5% and i have to wait another 1 year shakehead.gif shakehead.gif

how about other banks, mind to share?
hackqym
post Sep 3 2009, 10:28 PM

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QUOTE(winner @ Sep 3 2009, 10:03 PM)
If you always ensure full settlement before payment due date, whatever interest rate to you is meaningless. Therefore, I also never bother the interest rate shown in my statement. smile.gif
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previously, i always settle it in full, but recently after I rearrange my cashflow & rolling money for business, sometimes i left few hundreds ringgit of cc debt, nowadays not like before u can play with 20days free period. So thats why i'm very concern of the interest tier thumbup.gif thumbup.gif

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