MBB BT Application

Faxed on : 20/12/11 evening 6pm
Approved on : 23/12/11
Paid to CC on : Still waiting now.

...

To avoid MBB from rejecting BT from a BT account

i submitted paper statement for cimb BT account, they still accept it

You mean MBB might reject it due to amount being a BT from another bank? No wonder, you .......... Anyway good luck.

This post has been edited by MGM: Dec 28 2011, 09:25 AM

CIMB BT Application

Emailed on : 20/12/2011
Paid to CC : 27/12/2011

About 5 working days.

Btw can any experienced BT'er help answer my previous question

This post has been edited by xjeez: Dec 28 2011, 10:23 AM

It depends, if your application for the BT was approved after your Statement Date, you may be able to drag for another month.

This post has been edited by Gen-X: Dec 28 2011, 10:37 AM

It's very simple. Just look at the first statement of your CIMB BT. If the BT is approved and IBG is done on 31-12-11, then you will enjoy 0% interest (so long as you pay minimum every month) for 6 months, until 30-6-12. That means, you need to fully settle the outstanding balance before or on 31-6-12 in order to avoid interest.

Any news the CIMB & MBB Balance Trasfer program going to be extended for 2012 ?

I also hope that the 0% BT will be extended again. But I last heard from CIMB CS that this 0% BT programme MAY NOT BE EXTENDED.

if MBB ones get extended, probably I should go apply 2 cards :S
12 months 0% BT are interesting. Planning to get something around RM4k soon

Really hope they'll extend too.

Then time to cancel CIMB credit cards

MBB BT Application
Faxed on : 23 December 2011 9.45am
Approved on :
Paid to CC on :


sad....no application in the system until now....i even emailed to them on 23rd

I frustrated with MBB BT ..

Faxed on 19th Dec
Confirmed with their CS received the fax on 20th
Received a call 23rd stated they need an official statement. Re-fax again on 23rd.
Follow up on 27th, CS said no received the official statement. Re-fax again.
Follow up on 28th, CS said no received.

Everytime call need to repeat the same sentence .. and the time is running out, today is 28th.

Thanks, since they don't really tell you when is the last date, based on your explanation will the following scenario be correct ?

31/Dec - Approved
Jan - Pay 5%
Feb - Pay 5%
Mar - Pay 5%
Apr - Pay 5%
May - Pay 5%
Before June 30th - Pay off remaining balance

Total interest charged = 0

updated:

MBB BT Application

Faxed on : 20/12/11 evening 6pm
Approved on : 23/12/11
Paid to CC on : 28/12/11

approximately 5 working days.

Just did a BT with UOB Bank, What I can say it has a quite good promotion for BT which ending this year end. Don't compare with 0% BT...

Interest charge = 1% of total BT amount for 6 months
Example : Lets say RM10k is the amount you BT, they will charge you RM100 up front, so total you need to pay is RM10,100 for the period of 6 months. You can pay 5% min payment for the whole 6 months, settle it before the 7th month to avoid 1.5% per month interest rate.

1% 6 months is not bad.
Much better than AmBank

Ya very good deal. Lets calculate this way, 1% 6 months, 2% 12 months??

The interest rate is lower than the FD interest rate... can do a BT to UOB and earn some free cash...haha

With 1% upfront, you ain't going to make much from FD for 6 months period.