Hi,

I am currently a CIMB Direct Access Mastercard holder with outstanding of about 11k. Is it possible to do a Balance Transfer with the entire outstanding from this credit card to a new Petronas CIMB Mastercard? Yes I know it is the same bank, but it is convenient for me.

My problem is the compounding interest finance charges of about RM150 every month, think it is such a waste to pay for this every single month. I also would like to achieve a bit of financial independence of this debt by March next year.

thanks for the advice