how about the BT for citibank ? are they doing any promotion now ?
Balance Transfer, What is it actually???
Balance Transfer, What is it actually???
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Dec 23 2010, 04:33 PM
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Senior Member
1,684 posts Joined: Apr 2008 |
how about the BT for citibank ? are they doing any promotion now ?
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Dec 23 2010, 05:34 PM
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Senior Member
3,065 posts Joined: Mar 2009 From: N.Sembilan |
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Dec 23 2010, 06:30 PM
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Moderator
9,301 posts Joined: Mar 2008 |
QUOTE(gerrardling @ Dec 23 2010, 04:33 PM) how about the BT for citibank ? are they doing any promotion now ? No promotion now. |
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Dec 23 2010, 06:39 PM
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Elite
8,601 posts Joined: Jan 2003 From: KL |
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Dec 27 2010, 09:40 PM
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Senior Member
2,221 posts Joined: Apr 2008 |
I applied for DA's BT via fax on 16/12. DA has approved my application and transfered the money to OCBC on 22/12. This is my second BT with DA since September this year.
I guess CIMB/DA will extend the 0% interest BT again in January. |
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Dec 29 2010, 02:50 AM
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur |
QUOTE(winner @ Dec 27 2010, 09:40 PM) I applied for DA's BT via fax on 16/12. DA has approved my application and transfered the money to OCBC on 22/12. This is my second BT with DA since September this year. CIMB/DA's BT Program has been extended to 30 June 2011 as per http://www.directaccess.com.my/index.php?c...368&tpt=cimb_daI guess CIMB/DA will extend the 0% interest BT again in January. |
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Dec 29 2010, 07:12 AM
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All Stars
52,874 posts Joined: Jan 2003 |
Thanks ronnie for the update.
Seems like this move from CIMB/DA is within everybody guess/expectation. |
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Dec 29 2010, 12:51 PM
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Junior Member
421 posts Joined: Jul 2010 From: ~Klang Valley~ |
Just to ask, can balanced trasfer those unstatemented transaction amount?
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Dec 29 2010, 04:49 PM
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Senior Member
1,681 posts Joined: Dec 2010 From: Selhurst Park, N9 |
Just curious, does balance transfer apply for outstanding installment by credit card but no outstanding payment??
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Dec 29 2010, 05:15 PM
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Junior Member
598 posts Joined: Apr 2009 |
[attachmentid=1965000] Just in case CIMB credit card holders have difficulties in printing out the latest BT form, here's the edited form.
Only the form to be filled, I have removed the T&C. Just enlarge the image to fit the A4 paper in your printer setup, and you're ready to go |
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Dec 29 2010, 07:50 PM
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Junior Member
262 posts Joined: Sep 2008 From: Raju's heart |
QUOTE(MilesAndMore @ Dec 21 2010, 06:31 PM) Any idea if we must submit our latest credit card statement from the bank we intend to do a BT from ? I am talking about HSBC. The 0% interest 6-month BT with HSBC is going to end on 15 Jan 2011. I'm scared that my Citibank statement won't arrive that soon. Might just miss the chance to do a BT to HSBC BT to HSBC no need the citibank statement o. |
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Dec 29 2010, 08:50 PM
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Moderator
9,301 posts Joined: Mar 2008 |
QUOTE(princezs @ Dec 29 2010, 07:50 PM) BT to HSBC no need the citibank statement o. Oh, really ? This is great if true. |
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Jan 2 2011, 08:09 PM
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Junior Member
414 posts Joined: Jan 2006 |
For AMEX balance transfer program, is there any penalty for early settlement?
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Jan 5 2011, 03:14 PM
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Moderator
9,301 posts Joined: Mar 2008 |
I just tried to do a BT from my Citibank VISA to my HSBC MasterCard. The 0% BT offer apparently is offered only to select customers and one must sign up for this offer over the phone. No credit card statement needs to be submitted and you can request for any amount you like. Let say my Citibank VISA current outstanding is only RM1000, i can request for RM5000 BT or even more.
Anyway, when the officer went through the T&C of this 0% BT, i found out that my current on-going 0% IPP will be slapped with an interest of 5%. I do not know why though. Currently, i have two on-going 0% IPP with my HSBC MasterCard. I was shocked to hear this and immediately asked the officer to cancel the application. Early this morning i read on Malay Mail online that someone complained about HSBC 0% BT program that it comes with hidden charges. This is probably it. |
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Jan 6 2011, 05:36 PM
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Junior Member
471 posts Joined: Mar 2006 From: Recycle Bin |
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Jan 8 2011, 07:27 AM
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Senior Member
2,323 posts Joined: Nov 2004 From: Smallville |
QUOTE(MaxWealth @ Dec 29 2010, 12:51 PM) yes u can. pls check online for ur recent transaction and total of current balance.QUOTE(hyzam1212 @ Dec 29 2010, 04:49 PM) Just curious, does balance transfer apply for outstanding installment by credit card but no outstanding payment?? yes. but early settlement of ur current installment being paid full in advanced might be charged with exit penalty, usually rm50. |
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Jan 8 2011, 09:46 AM
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Senior Member
4,897 posts Joined: Aug 2005 |
QUOTE(chuafc2006 @ Jan 6 2011, 05:36 PM) any processing/admin fees? |
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Jan 8 2011, 12:55 PM
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Senior Member
2,323 posts Joined: Nov 2004 From: Smallville |
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Jan 10 2011, 11:52 AM
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Senior Member
1,601 posts Joined: Oct 2005 From: WMKP |
hi guys, is it possible to transfer statement amount of 4500 to a card which is having 5700 availble credit ? or it is better to apply for credit limit increase before transfer?
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Jan 10 2011, 11:54 AM
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Senior Member
6,788 posts Joined: Jan 2003 From: KL |
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