Lowyat.NET -> Finance, Business and Investment House -> Credit Cards, Debit Cards, Prepaid Cards and Loyalty CardsBalance Transfer, What is it actually???
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 Dec 13 2011, 02:00 PM
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#21
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All Stars
18,410 posts Joined: Oct 2010 
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First time paying for my CIMB 0% 6-month BT, need advice.
So I just need to pay the amount in the Minimum Payment field of the BT statement, which work out to be 5% of the BT ? Normally if it is a credit card statement paying just the "Minimum Payment" will incur an interest on the unpaid balance. This post has been edited by MGM: Dec 13 2011, 02:02 PM |
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Dec 13 2011, 02:44 PM
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#22
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All Stars
18,410 posts Joined: Oct 2010
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QUOTE(chemistry @ Dec 13 2011, 02:15 PM) Yes, just pay that minimum amount. Thanks. Already program into Phone the final payment reminder.Reminder: Count the months, so that you know you gotta make full settlement when you receive 6th statement. Bank won't tell you 'This is 6th month, pls make full payment'.  |
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Dec 20 2011, 11:21 AM
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#23
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All Stars
18,410 posts Joined: Oct 2010
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My CIMB BT Application
Faxed on : 13 December 2011 Approved on : not sure Paid to CC on : 19 December 2011 My MBB BT Application Faxed on : 19 December 2011 Approved on : not sure Paid to CC on : |
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Dec 20 2011, 04:03 PM
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#24
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All Stars
18,410 posts Joined: Oct 2010
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QUOTE(ronnie @ Dec 20 2011, 12:50 PM) Beware it may go missing like in my case.... Did u call them after faxing the application form? And jot down the name of CS and the time of the call?  |
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Dec 23 2011, 01:56 PM
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#25
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All Stars
18,410 posts Joined: Oct 2010
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My MBB BT Application
Faxed on : 19 December 2011 Approved on : 22 December 2011 Paid to CC on : |
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Dec 26 2011, 12:02 AM
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#26
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All Stars
18,410 posts Joined: Oct 2010
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My MBB BT Application
Faxed on : 19 December 2011 Approved on : 22 December 2011 Paid to CC on : 23 December 2011 So looks like faxing in BT application is better than submiting it thru their branch. |
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Dec 27 2011, 11:14 AM
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#27
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All Stars
18,410 posts Joined: Oct 2010
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QUOTE(ronnie @ Dec 27 2011, 02:43 AM) My MBB Balance Transfer (from CIMB BT account to MBB BT 12-month 0%) was paid to CIMB on 23 Dec 2011 By removing the "NCE TRANSFER" and "00/00 Expiry Date" and submitting it for BT application, would it be considered fraud?Application appear in their MBB system on 21 Dec 2011. I submitted the printout from CIMBClicks. Removed the "NCE TRANSFER" and "00/00 Expiry Date" as per advice. If MBB decides to extend their 0% 12-month BT program, I will continue to "earn free cash" |
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Dec 27 2011, 12:55 PM
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#28
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All Stars
18,410 posts Joined: Oct 2010
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QUOTE(ronnie @ Dec 27 2011, 11:34 AM) Why is that a fraud ? The CIMB CC has my full name. May I know what is your reason for removing the "NCE TRANSFER" and "00/00 Expiry Date" instead of submitting the actual statement ? |
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Dec 28 2011, 09:25 AM
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#29
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All Stars
18,410 posts Joined: Oct 2010
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QUOTE(ronnie @ Dec 27 2011, 11:23 PM) To avoid MBB from rejecting BT from a BT account 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 |
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Dec 29 2011, 10:14 PM
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#30
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All Stars
18,410 posts Joined: Oct 2010
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QUOTE(zenquix @ Dec 29 2011, 08:10 PM) updated. Don't think it can make it before the statement due date on Jan 1 2012. Should be OK, the amount will appear online on 30/12/11 showing it was Giro in on 29/12/11.I am a sad panda now.... |
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Jan 10 2012, 12:03 PM
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#31
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All Stars
18,410 posts Joined: Oct 2010
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Enquired at the Maybank Branch @ Subang Airport about MBB 0% 12-month BT promo and was told that MBB has extended the promo. Then later at my office I called 1800-881801 to reconfirm but the CS denied that there is any extension. Shiok for a moment. Another imcompetent bank staff.
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Jan 16 2012, 02:04 PM
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#32
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All Stars
18,410 posts Joined: Oct 2010
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QUOTE(ronnie @ Jan 16 2012, 01:01 PM) I've just submitted a CIMB BT application this morning. I like your 'die-hard' attitude. I wonder will CIMB approve the 0% 6-month BT application after the expiry date (31 Dec 2011) |
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Mar 8 2012, 11:42 AM
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#33
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All Stars
18,410 posts Joined: Oct 2010
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Need advice:
Say my MBB Amex statement balance on 3/3/12 is rm900. but the current balance is RM3000 (8/3/12) (inc. statement bal of rm900). Can I still do a BT to Citibank by phone (only need to provide acc# and amount) for the amount of RM3000 instead of RM900. Due date to pay MBB is 23/3/12. This post has been edited by MGM: Mar 8 2012, 11:45 AM |
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Mar 8 2012, 12:07 PM
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#34
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All Stars
18,410 posts Joined: Oct 2010
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QUOTE(shiroikun @ Mar 8 2012, 12:01 PM) Yes you can. Just tell the citi banker to help you BT RM3000 Thanks will do it after finding out the T&C of the CitiBank 0% BT. |
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Mar 11 2012, 09:29 PM
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#35
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All Stars
18,410 posts Joined: Oct 2010
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QUOTE(ronnie @ Mar 9 2012, 12:43 PM) Care to share which bank's 0% BT are you referring to ? He is refering to CitiBank 0% BT.After knowing his experience, I decided not to do the CitiBank 0% BT. Too much unnecessary worries. |
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Mar 12 2012, 05:25 PM
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#36
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All Stars
18,410 posts Joined: Oct 2010
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QUOTE(arsenal @ Mar 12 2012, 04:42 PM) I made payment %% of BT and full payment for retails side... You mean you pay 5% of the BT and full payment for retail transactions to avoid any fees and charges?This post has been edited by MGM: Mar 12 2012, 05:25 PM |
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