Combined Credit Limit       :   5,000.00
Combined Current Balance     :  1,731.08
Combined Available Limit     :  3,268.92

Can anyone can explain to me the Current Balance is what? How much I use or the credit I can use?
How about the the Available Limit?

Quite confusing for the terms..

How to avoid the biggest mistake with a balance Transfer

There is no single more important thing to remember about balance transfers than the following.
Never, ever, ever, spend on a card after balance transferring to it!

Why it’s such an expensive nightmare

Credit cards allow us to do a number of different things such as spend on them, shift balances to them or withdraw cash. These are all different transaction types and it’s the interactions between them that cause the problem.

    * Each type of transaction has a different interest rate. While it might be 0% for balance transfers, any new purchases will get a much higher interest rate and cash withdrawals even higher.
    * Your repayments will go towards clearing the debt you transferred first. You don’t choose what your repayments go to, the credit card company does. And lenders will make your repayments go towards paying off your balance which is at a lower interest rate first.

This means the expensive debts from spending are effectively trapped, speedily accruing interest, and you can’t repay them until you’ve cleared all the cheap debt. Thus you can be racking up debt which you will eventually have to repay later. Clearly credit card providers make their money this way because they want you to spend whilst you are paying off your balance you transferred to them. To avoid this situation it would be better to get a second card with a low purchase rate.

Guys,
Quoted from http://www.creditcardfinder.com.au/balance...edit-cards#best

Recently, I took Eon CC Balance Transfer to transfer balance from other bank. It is 48 months plan with 14.99% one-time interest. I have transferred about RM2000 to the card and pay monthly about RM42 (except for 1st month, pay RM300 for the one time interest).

I have a question here. If let say I use the card for a purchase worth RM100, and I pay RM148 before the due date, will RM48 goes to BT and RM100 to the purchase I made? Or all of them go to BT until I settle it?

Thanks.

wow, 14.99% one time interest
can't you get a better deal somewhere else

Guys,
Quoted from http://www.creditcardfinder.com.au/balance...edit-cards#best

Recently, I took Eon CC Balance Transfer to transfer balance from other bank. It is 48 months plan with 14.99% one-time interest. I have transferred about RM2000 to the card and pay monthly about RM42 (except for 1st month, pay RM300 for the one time interest).

I have a question here. If let say I use the card for a purchase worth RM100, and I pay RM148 before the due date, will RM48 goes to BT and RM100 to the purchase I made? Or all of them go to BT until I settle it?

Thanks.

Slight add on to this info. For HSBC somehow they do track your application with other banks.
If you apply 3 cards at the same time and one of them is HSBC ... HSBC auto throw your application to the trash can.

wow, 14.99% one time interest
can't you get a better deal somewhere else

wow, 14.99% one time interest
can't you get a better deal somewhere else

Guys,
Quoted from http://www.creditcardfinder.com.au/balance...edit-cards#best

Recently, I took Eon CC Balance Transfer to transfer balance from other bank. It is 48 months plan with 14.99% one-time interest. I have transferred about RM2000 to the card and pay monthly about RM42 (except for 1st month, pay RM300 for the one time interest).

I have a question here. If let say I use the card for a purchase worth RM100, and I pay RM148 before the due date, will RM48 goes to BT and RM100 to the purchase I made? Or all of them go to BT until I settle it?

Thanks.

Syd G,

Can you answer my question below? ..

Where did EON bank put the balance? Directly to your EONbank credit card? If yes then I assume that RM48 will go to BT and the rest will go to your current balance. But if they do it this way I'd strongly suggest swiping more on the same card cause the interest calculation wont be transparent.

I personally do not have any experience with BT other than DA. They did it like this :

Say limit is RM5000, I BT from other cards RM3000.

My DA card now will have a RM2000 limit but a separate account was created to handle BT (with RM3000 balance). So when I pay I have to pay to 2 different accounts.

Combined Available Limit : Available credit left for you to use.

Available limit is credit left to use? That day I try to swipe 3k, it says unsufficient credit..
If I do EPP..it will freeze my full amount or monthly amount?

It is actually 14.99% for 48 months which is equal to 3.75% p.a.

It'll withhold full amount until you repay it slowly in monthly amount.