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 Balance Transfer, What is it actually???

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Frostlord
post Aug 10 2011, 03:47 PM

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QUOTE(duckaton @ Aug 9 2011, 12:14 AM)
you talk like no talk.
I am impressed how you do that.

if a person can manage spending before apply cc,
he no need the cc in the first place.
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use it for convenience? eg : pump petrol no need walk till the cashier.
can carry less cash in wallet

QUOTE(ronnie @ Aug 9 2011, 09:10 AM)
Those who manage good finance, would get a CC to earn Cash rebates... and use BT to earn even more money.
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how u earn $$ with balance transfer? i thought balance transfer is to reduce interest charges on late payment? blink.gif
Frostlord
post Aug 10 2011, 03:55 PM

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QUOTE(codename_snake @ Aug 10 2011, 03:42 PM)
My friend apply for HLB CC that offer no charge cash advance with very low interest (not sure, about 1%). He cash advance all of the credit and balance transfer it to maybank/cimb... ending getting cash for very low interest rate smile.gif
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im not sure if u r replying to the "using BT to earn money part".

if ur not, ignore this tongue.gif

u r still paying interest for what u get. lets say u cash advance rm1k and they charge you (lets say 1%) RM10. at the end of the day u still need to pay RM1010 compare to RM1000 that you Cash Advance

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