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 Balance Transfer, What is it actually???

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alexwsk
post Mar 17 2011, 08:44 AM

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QUOTE(cagar11th @ Mar 17 2011, 04:45 AM)
owning one credit card...n got outstanding round 3-4k...
just apply bsn n cimb card....can they reject my apply if i sometime i i miss my payment ...? n planning to do balance transfer...
can new card holder apply bt right after receive their card??...
*
yes, they can reject as they deem fit, since u missed ur payments sometimes, ur CCRIS is not going to look gd
we have always stress to pay at least minimum or more before or on the due date itself
alexwsk
post Mar 17 2011, 11:15 AM

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QUOTE(cagar11th @ Mar 17 2011, 09:37 AM)
let say i miss my min payment this month...my due is on 10th...
n i subbmit application for cimb n bsn last monday.....is this info appear on ccris??....
*
it will be shown next month
alexwsk
post Apr 12 2011, 12:05 PM

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QUOTE(cagar11th @ Apr 12 2011, 12:00 PM)
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??
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you can BT from exisiting card to the new card
but not BT from the new card to existing card, unless the bank does not require card statement
alexwsk
post May 10 2011, 04:27 PM

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QUOTE(VGirl @ May 10 2011, 03:45 PM)
hurmm..what if i pay da 400++ for da skipped payment, da chances for me to get a new cc is higher?
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NOPE, once u've skipped one payment, it will be in the records for at least 12 months from then
alexwsk
post May 10 2011, 09:05 PM

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QUOTE(VGirl @ May 10 2011, 09:01 PM)
wahliao so i cant do BT at all?

id skip becoz paying summons is my priority at that time..stupid saman ekor!!  cry.gif
*
u can still BT to existing cards
but apply new card will be difficult
alexwsk
post Jul 13 2011, 06:06 PM

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QUOTE(steventan85 @ Jul 13 2011, 05:59 PM)
can i do BT more than my outstanding balance ?

like i have RM2k outstanding and i wanna do BT for 3k ..possible ?
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possible if the bank does not ask for cc statement
alexwsk
post Jul 19 2011, 11:44 AM

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QUOTE(andyfriends @ Jul 19 2011, 11:05 AM)
If my A card balance is RM20k.  Can i only BT 10k to card B?
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yes, u can bt less or same with your outstanding
alexwsk
post Aug 11 2011, 08:10 PM

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QUOTE(chemistry @ Aug 11 2011, 07:41 PM)
I beg to differ.
I have done a BT from OCBC to my Maybankard 2Amex recently. Already reflected in the latest statement.
*
what's the diff if bt to M2 amex or M2 Visa/Master rolleyes.gif
alexwsk
post Aug 27 2011, 05:05 PM

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QUOTE(evilspeculator @ Aug 27 2011, 04:03 PM)
Hi,

Sorry if this question has been asked previously.
I just got my CIMB statement yesterday by mail ( Due date is 10 Sept), i will go do Balance Transfer to Maybank 0% 12 months on Monday ( 29 Aug). From the Maybank website it says, the bank will take roughly 10 working days to pay to the other bank. So in this case, if Maybank haven't paid CIMB by 10 Sept, will i be charged interest? Should i pay the minimum payment of my CIMB statement? Please advise. Tq
*
on 10 sept, if u don't see the money in ur cimb, pay at least minimum
alexwsk
post Aug 30 2011, 01:31 PM

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QUOTE(teongpeng @ Aug 30 2011, 09:25 AM)
ok correct me if wrong  notworthy.gif

Lets say we have only 1 card with rm10k outstanding. minimum payment of rm500 is due this month.

We BT the entire rm10k to another bank. Approved.

so now this month we dont have to pay anything? just wait for next month's statement from the new bank?
*
yes, no need to pay anything to the old bank
just wait for ur statement from the new bank
alexwsk
post Sep 6 2011, 10:55 AM

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QUOTE(WaCKy-Angel @ Sep 6 2011, 10:45 AM)
Which one better?
*
of course pbb lo
alexwsk
post Sep 24 2011, 07:32 PM

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just noticed I did not fill in the card issuer in my Maybank BT form faxed over 2 days ago blush.gif

will see whether it can go through rolleyes.gif
alexwsk
post Sep 28 2011, 10:05 PM

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QUOTE(bingozero @ Sep 28 2011, 07:59 PM)
You summit the application by fax or done it over the branch?
Mine application already one week but still do not have any news  mad.gif  vmad.gif
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i faxed in last thursday 22 sept
call to chk on monday 26 sept, application oledi in system, asked them to put a remark that i wanted to bt to stanchart, forgot to fill in blush.gif
call to chk today, app oledi approved yesterday, now waiting to see when get the $
alexwsk
post Sep 29 2011, 03:19 PM

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QUOTE(mengsuan @ Sep 29 2011, 03:03 PM)
My CIMB CC statement date dues on 3rd October. Given the 3 day grace period, I could only hold on to it without making payment until 6th October. Would it be even possible for Maybank to complete BT process?
*
definitely not by 03/10, 06/10 might should be ok
but do pay the min first, and u will be hit by interest charges also


Added on September 29, 2011, 3:20 pm
QUOTE(alexwsk @ Sep 28 2011, 10:05 PM)
i faxed in last thursday 22 sept
call to chk on monday 26 sept, application oledi in system, asked them to put a remark that i wanted to bt to stanchart, forgot to fill in blush.gif
call to chk today, app oledi approved yesterday, now waiting to see when get the $
*
UPDATE:
22 sept - fax
26 sept - call to check and add info
27 sept - approved
28 sept - money in other card
thumbup.gif

but why can't they delay one more day, my statement date is 28 sept laugh.gif


*


This post has been edited by alexwsk: Sep 29 2011, 03:23 PM
alexwsk
post Sep 29 2011, 08:22 PM

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QUOTE(winner @ Sep 29 2011, 03:42 PM)
What's your payment due date by the way? Did you submit your BT application even before receiving your statement?
*
unfortunately my payment due date for the card i wanted to BT to is 1 oct, that's y i submitted on 22 sept, afraid can't make it
i mean my m2 statement date is 28, and they bt to scb on the same day so it can appear in my m2 statement this month sweat.gif

This post has been edited by alexwsk: Sep 29 2011, 08:23 PM
alexwsk
post Sep 30 2011, 06:08 PM

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pbb oso 6 months at 0%
alexwsk
post Oct 3 2011, 09:23 PM

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QUOTE(Eight_8 @ Oct 3 2011, 09:13 PM)
Can we use maybank cc BT to others ppl principal cc? example i use mine maybank cc to BT to mine GF CC(she is the principle holder.)?
*
NO
else everyone will be doing so
alexwsk
post Nov 4 2011, 12:07 PM

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QUOTE(Gen-X @ Nov 4 2011, 11:25 AM)
You can go as often as you like since it is FREE smile.gif Actually, the report should be updated every month.
*
report is updated monthly, but can print out once every 3 months
alexwsk
post Nov 29 2011, 08:37 AM

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QUOTE(l3iTi @ Nov 29 2011, 08:16 AM)
anyone tried below situation b4?

Statement Balance = 5k
Wanted to do BT to MBB for only 3k
Will they accept this application?

I dropped email to MBB customer service last week but yet to get feedback yet.
*
yes, as long as MBB still hv cl of 3k
alexwsk
post Jan 25 2012, 09:29 PM

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QUOTE(justanovice @ Jan 25 2012, 08:34 PM)
Just to share, Saw this in the star front page today:
1) 8.99% pa, has to sign for 36 months
2) 15k for htc, 20k for ip4s
3) its one phone per bt, not both
There's no offer that is 'sure win' for consumer one lah. smile.gif
*
better buy the phone myself through easy payment rather than paying the interest sweat.gif

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