hi there~~ wanna ask

if i'm holding a CC from BANK A ~~ den i apply a new CC n do balance transfer at BANK B( transfer to debt from CC BANK A to BANK B) den my BANK A CC credit balance will b still usable or unusable???
n for da CC at BANK B~~ mean need to pay wat i use n da BT fees???

please go to this thread
http://forum.lowyat.net/topic/1123346

Bank a still can be used.
Bank b after balance transfer don't use already, or interest high

But if ur card limit is 10k and u want to do balance transfer 12k..IT IS IMPOSIBLE FOR THE CARD ISSUER TO APPROVE RIGHT??

Correct me if I'm wrong guys..

Can't. Think now is 60- 80 percent of ur limit. Depends which bank

For CIMB, 100% of available CL is allowed for BT programme.

If we have an Existing BT account with CIMB and we BT another amount, would we get 2 separate accounts or lump into one single account ?

Each approve application will have a new separate account created.

That's nice... time to move more BT over to CIMB and put funds in 1-month FD :-)

Before the expiry of the 6-month 0% interest BT with CIMB, I have now managed to transfer the outstanding of BT amount from CIMB to Maybank for another 0% interest for 12 months.

i thought maybank need to submit 1 month credit card statement together when you need to apply for BT? Your CIMB BT created a new 16 digits account number for you, you can transfer from the BT account to Maybank?

How many business days it took to get approved ?
We just submit the CIMB BT account to Maybank, right ?

I thought that the BT can only do for 1 time only

For CIMB can do as many as you want as long you have credit available.

Since CIMB created a new account for BT with a 16-digit number, I used CIMB BT statement to apply for BT from Maybank.


It took 7 days for Maybank to approve the BT application from the day I submitted the application through fax. For your information, I did BT to Maybankard 2 Visa Platinum, since this card will be kept in my drawer forever.

Wow, I didn't know that this is possible.
Since you transfer the CIMB BT to Maybank, did CIMB penalize you for early settlement?

Under the CIMB 6-month 0% BT programme, there is no early settlement penalty. I managed to settle in full (via BT from MBB) about 20 days before the expiry of 6 months.

you sure benefiting the most from CIMB and MBB BT plans I would say that since your MBB2 Visa is not being used (therefore no way one can be confused with the minimum 5% payment for new transactios), can treat it like a separate statement just for BT

That was exactly what I thought, as the Maybankard 2 Visa Platinum is useless to me and I won't use it for retail purchases. Also, the BT balance won't be messed up with cc account.

I would say CIMB 0% BT programme is the BEST, as we need to settle only monthly minimum payment with no interest charged. Prior to the expiry of 6 months, we can then transfer the BT outstanding balance to another 0% BT programme from other bank like MBB which offers 0% interest for 12 months. This will allow part of our money be stayed in the bank and earn a little bit of interest. However, for MBB BT programme, the installment will be split equally giving us no chance to do another BT to other banks again. Therefore, for those who spend big and would like to benefit from the 0% BT, it is better to first do BT from CIMB.

I don't actually promote BT here. It is only beneficial to those who are discipline. Before we decide to swipe the card, we should have already had enough reserve fund to pay.

This post has been edited by winner: Apr 8 2011, 09:06 PM

I thought that if the CL is exceed then we still can do the BT..

Then my preception is wrong..