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 Balance Transfer, What is it actually???

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fahrur_07
post Jun 24 2011, 12:08 AM

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QUOTE(terryfu @ Jun 23 2011, 07:04 PM)
Hi. Any 0% BT without admin charges flying around now? Last time Alliance and most banks got 0% for 3 months but hardly can see any in the market now? Would like to extend my credit.
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maybank have 0%bt prograM for 12 month
almeizer
post Jun 24 2011, 12:35 PM

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QUOTE(terryfu @ Jun 23 2011, 07:04 PM)
Hi. Any 0% BT without admin charges flying around now? Last time Alliance and most banks got 0% for 3 months but hardly can see any in the market now? Would like to extend my credit.
*
PBB also have BT 0% for 6 months.

This post has been edited by almeizer: Jun 24 2011, 12:35 PM
avars
post Jun 24 2011, 02:40 PM

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from this form, i notice maybank now allows BT from Maybank card to another Maybank card, not 0% though

http://www.maybank2u.com.my/WebBank/BTf300511.pdf
alex_cyw1985
post Jun 25 2011, 11:53 AM

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MBB BT Dept has improve, 3 days to approve BUT

they mix up my application and lead to double application =.="

transfer my balance twice...now pending cancellation....
v2_vehooi
post Jun 25 2011, 05:09 PM

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Hi, would like to ask the MBB BT for 0% 12months. Does they accept to transfer my other bank's BT account ?
For what I know is CIMB can do that. How about MBB? Thx.
ronnie
post Jun 26 2011, 09:12 AM

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QUOTE(alex_cyw1985 @ Jun 25 2011, 11:53 AM)
MBB BT Dept has improve, 3 days to approve BUT

they mix up my application and lead to double application =.="

transfer my balance twice...now pending cancellation....
*
So funny... now you are in double debt
alex_cyw1985
post Jun 26 2011, 09:24 AM

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yea...and overpayment on the other bank ...
ronnie
post Jun 26 2011, 11:13 AM

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QUOTE(alex_cyw1985 @ Jun 26 2011, 09:24 AM)
yea...and overpayment on the other bank ...
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I wonder how they going to recover the money after being IBG over... hehehe
ronnie
post Jun 28 2011, 12:10 AM

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For CIMB BT program, if we cancel the principal CIMB card, do we need to settle all remaining BT accounts in one go ?
chemistry
post Jun 28 2011, 01:54 AM

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QUOTE(ronnie @ Jun 28 2011, 12:10 AM)
For CIMB BT program, if we cancel the principal CIMB card, do we need to settle all remaining BT accounts in one go ?
*
I think so.
Balance transfer account is attached to credit card account, because it withdraws credit limit from our credit cards.

Speaking of this, my mother managed to maintain her DirectAccess Premier Plus Account (PPA) despite the termination of her DA supplementary card. This PPA is indeed an ideal choice for those who have difficulty maintaining certain fund balance in the account.


Added on June 28, 2011, 1:55 amI called and asked DA CS just now. Extension of 0% BT is confirmed. Black & white statement has not been published yet however.

This post has been edited by chemistry: Jun 28 2011, 01:55 AM
ronnie
post Jun 28 2011, 07:27 AM

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QUOTE(chemistry @ Jun 28 2011, 01:54 AM)
I think so.
Balance transfer account is attached to credit card account, because it withdraws credit limit from our credit cards.

Speaking of this, my mother managed to maintain her DirectAccess Premier Plus Account (PPA) despite the termination of her DA supplementary card. This PPA is indeed an ideal choice for those who have difficulty maintaining certain fund balance in the account.


Added on June 28, 2011, 1:55 amI called and asked DA CS just now. Extension of 0% BT is confirmed. Black & white statement has not been published yet however.
*
Why would a DirectAccess Premier Plus accout be tied to a Direct Access CC ? We get monthly interest too.

Let's wait for official not on CIMB website....
SUSDavid83
post Jun 28 2011, 07:32 AM

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QUOTE(ronnie @ Jun 28 2011, 12:10 AM)
For CIMB BT program, if we cancel the principal CIMB card, do we need to settle all remaining BT accounts in one go ?
*
Yes. You need to clear all the outstanding of your BT tied to the principal CIMB CC even though separate account(s) created.
alex_cyw1985
post Jun 28 2011, 03:21 PM

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my 2nd duplicated BT application is cancelled on time, so only 1 payment to my another cc, phew...

I can see my MBB CC now have outstanding of the BT amount,

description is BT 12/12 RMxxx.xx

so in next month statement, how much i need to pay?
ronnie
post Jun 28 2011, 03:23 PM

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One more CIMB BT Application before the 30 June 2011 cut-off
1. Faxed in on 28 June 2011
2. Approved on 1 July 2011
3. BT account displayed in CIMBClicks on 3 July 2011
4. Paid to CC on 4 July 2011

This post has been edited by ronnie: Jul 5 2011, 09:22 AM
timetravelller
post Jun 28 2011, 03:35 PM

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QUOTE(chemistry @ Jun 28 2011, 01:54 AM)
I think so.
Balance transfer account is attached to credit card account, because it withdraws credit limit from our credit cards.

Speaking of this, my mother managed to maintain her DirectAccess Premier Plus Account (PPA) despite the termination of her DA supplementary card. This PPA is indeed an ideal choice for those who have difficulty maintaining certain fund balance in the account.


Added on June 28, 2011, 1:55 amI called and asked DA CS just now. Extension of 0% BT is confirmed. Black & white statement has not been published yet however.
*
wah, really? extend till end of year ar? still got 0% BT for 6 months?
chemistry
post Jun 28 2011, 06:25 PM

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QUOTE(ronnie @ Jun 28 2011, 07:27 AM)
Why would a DirectAccess Premier Plus account be tied to a Direct Access CC ? We get monthly interest too.
*
Maybe I misinterpreted the sentence underlined.
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joenjill
post Jun 29 2011, 11:12 AM

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anyone know MBB 0% BT can do multiple? if i already do it once and still in payback period, whether i still can apple again with credit limit available?
gerrardling
post Jun 29 2011, 11:24 AM

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can i do 2 balance transfer to cimb in 1 week ?
Gen-X
post Jun 29 2011, 12:32 PM

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QUOTE(gerrardling @ Jun 29 2011, 11:24 AM)
can i do 2 balance transfer to cimb in 1 week ?
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I guess you are asking if CIMB can approve BT application and make payment in a week, yes, possible. Just take note of weekends and public holidays.
Titan_Gunners
post Jun 29 2011, 12:42 PM

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QUOTE(Gen-X @ Jun 29 2011, 12:32 PM)
I guess you are asking if CIMB can approve BT application and make payment in a week, yes, possible. Just take note of weekends and public holidays.
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Gen X, i think he try to ask whether can submit two BT application in a week time.
Why not? should be alright if you have sufficient CL.

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