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

Then my preception is wrong..

for newly cardholders, is it possible to do BT even we not yet swipe/use the card yet? do they require a least transaction/purchase made on card before apply for BT??

lets say I have outstanding from cc A 3k, n apply BT from cimb and Maybank at the same time with same cc A outstanding 3k,...
is there any possibility that both my application for BT from cimb and mbb will be approved with same amount? cimb 3k and mbb 3k?...

Then you will be owing RM6000 .... that's crazy !!!

wrong, take the balance 3k out and invest on FD, after 1 years u earn 3% then only return b. u profit 3000 x 0.03 = RM90. why not?

wrong, take the balance 3k out and invest on FD, after 1 years u earn 3% then only return b. u profit 3000 x 0.03 = RM90. why not?

How would you take the balance out of CC ? Cash Advance ?

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.

wrong, take the balance 3k out and invest on FD, after 1 years u earn 3% then only return b. u profit 3000 x 0.03 = RM90. why not?

there're method to take out cash without charges bro. HLB can do it. And u could have purchaser stuff on the behalf of others. plenty of way to do it bro. but for me i won't go for such low money earning la, as long as i no lose at interest i felt ok already.

Wrong, you won't get full 3% or RM90 as you need to pay back monthly and most of the 0% is paid to CC account.
Please do not mislead others. HLB Balance Transfer is not 0%, lowest is 0.4% for 3 months and annualized it, it is 4.8% which is much higher than FD.

HLB is 0.5% monthly for 6 months. Eg. upon withdraw 3000, u may use mbb/cimb to BT 2800 to there with 200 remain ONLY will be interest incurred over 6 months. 200 x 3% = less than 6 bucks over the months. how much u earn from FD?

so u see what i mean? be wise la bro. i not meant to offend, and i'm so sorry if i offended u..

Tks for sharing.
just wanna ask, did maybank created a new 16 digit account  for BT in your visa CC account?

    you too wise for your own good, hahaha

Idea is there but I would say tricky because you need to wait for HLB statement and then apply and get it approve at CIMB side, if the entire process takes a month to be paid to HLB from the day HLB deposit your money, you would have incurred interest charges of equivalent to 6%, but still would be making a little bit money.

However there is a flaw in your assumption, you forgot about the repayment to CIMB.

So effectively, the interest you earn with a mere RM2800 is peanuts considering the fact you have to monitor two balance transfer accounts.

But if you talking about RM100,000, maybe can make some pocket money but I too lazy go figure out. you want to do the math for me? 

a bit confusing here. i cant find any method to withdraw cash from hlb credit card except for cash advance

why HLB doesnt want to pay to customer's requested bank cc instead of sending cheque to customer ?

For my case, no. And it should be the same with all other Maybankard holders who have done BT to Maybank.