Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

 Balance Transfer, What is it actually???

views
     
fahrur_07
post Feb 19 2011, 09:02 PM

~unite against racism~
******
Senior Member
1,273 posts

Joined: Apr 2008
From: cheras,kl
hi
if i have BT with cimb mastercard for 2500 for 6 months with 0% interest,
do i need to pay RM416/monthly for 6 months or i can pay full amount 2500 on the 6th month?
fahrur_07
post Feb 20 2011, 04:48 PM

~unite against racism~
******
Senior Member
1,273 posts

Joined: Apr 2008
From: cheras,kl
QUOTE(David83 @ Feb 19 2011, 11:03 PM)
5% of urrent outstanding balance or RM 50 whichever higher. The statement will tell you.
*
so means that i can pay only rm50 for 5 months. then only pay balance of rm2250 on the 6 month?
fahrur_07
post Feb 20 2011, 09:54 PM

~unite against racism~
******
Senior Member
1,273 posts

Joined: Apr 2008
From: cheras,kl
QUOTE(David83 @ Feb 20 2011, 06:54 PM)
For CIMB and CIMB DA yes. The min amount is either RM 50 or 5% of the monthly outstanding whichever HIGHER.

Best way to double confirm with CS.
*
QUOTE(chun81 @ Feb 20 2011, 08:56 PM)
I think you have to pay 5% min amount of the outstanding amount, i.e. for the 1st month = RM125.
*
ok
thanx guys thumbup.gif
fahrur_07
post Mar 8 2011, 08:54 PM

~unite against racism~
******
Senior Member
1,273 posts

Joined: Apr 2008
From: cheras,kl
currently have BT from OCBC to CIMB card..
cimb very good.less than 1 week my application already approve
fahrur_07
post Apr 28 2011, 03:56 PM

~unite against racism~
******
Senior Member
1,273 posts

Joined: Apr 2008
From: cheras,kl
QUOTE(beyond86 @ Apr 28 2011, 03:55 PM)
The first 500 approved Maybank Cash Treats applicants will receive Limited Edition Notebook Backpack!
*
how to apply?
fahrur_07
post May 30 2011, 09:47 PM

~unite against racism~
******
Senior Member
1,273 posts

Joined: Apr 2008
From: cheras,kl
QUOTE(ronnie @ May 30 2011, 11:16 AM)
Today just submitted another BT application from SCB+MBB to CIMB...let's see how many days to be approved and how soon SCB and MBB account is paid.

Faxed in : 30 May 2011
CIMB BT Account creation : ???
Payment to MBB : ???
Payment to SC : ???

CIMB Balance Transfer Dept
Phone no. 03-20873422
Fax No. 03-20873588
*
how much you transfer?
fahrur_07
post Jun 15 2011, 08:43 AM

~unite against racism~
******
Senior Member
1,273 posts

Joined: Apr 2008
From: cheras,kl
does ocbc has 0% bt?
fahrur_07
post Jun 15 2011, 06:24 PM

~unite against racism~
******
Senior Member
1,273 posts

Joined: Apr 2008
From: cheras,kl
hi
want to ask all sifu here
which one is better?
maybank or cimb for balance transfer?
how to calculate the interest ya?
the interest is upfront payment?

This post has been edited by fahrur_07: Jun 15 2011, 06:37 PM


Attached File(s)
Attached File  BTrateTable300511.pdf ( 15.67k ) Number of downloads: 25
Attached File  cimb.pdf ( 611.45k ) Number of downloads: 22
fahrur_07
post Jun 16 2011, 11:11 AM

~unite against racism~
******
Senior Member
1,273 posts

Joined: Apr 2008
From: cheras,kl
QUOTE(fazdnoah @ Jun 16 2011, 10:51 AM)
Im on mbb cc n want to BT it to mbb also. Do i need to apply a new mbb cc? Cos in the form i downloaded state another mbb card to BT to... so how can i fill that part if i only have 1 cc
*
apply for mbb 2 card (amex + mc/visa)
then u got 2 cards
fahrur_07
post Jun 17 2011, 10:32 AM

~unite against racism~
******
Senior Member
1,273 posts

Joined: Apr 2008
From: cheras,kl
QUOTE(milentechie @ Jun 17 2011, 07:39 AM)
Point #1 not applicable for OCBC BT.  rclxms.gif
*
does ocbc have 0% bt program?
fahrur_07
post Jun 24 2011, 12:08 AM

~unite against racism~
******
Senior Member
1,273 posts

Joined: Apr 2008
From: cheras,kl
QUOTE(terryfu @ Jun 23 2011, 07:04 PM)
Hi. Any 0% BT without admin charges flying around now? Last time Alliance and most banks got 0% for 3 months but hardly can see any in the market now? Would like to extend my credit.
*
maybank have 0%bt prograM for 12 month
fahrur_07
post Jul 2 2011, 02:38 AM

~unite against racism~
******
Senior Member
1,273 posts

Joined: Apr 2008
From: cheras,kl
QUOTE(Titan_Gunners @ Jun 29 2011, 06:20 PM)
Take care. U can get few days off from Lowyat Forumers..

Added on June 29, 2011, 9:24 pmCIMB extend 0% BT to 31/12/2011.  rclxms.gif
http://www.cimbbank.com.my/index.php?ch=43...0&tpt=cimb_bank
*
as expected
cimb always extend their promotion tongue.gif
fahrur_07
post Jul 4 2011, 06:20 PM

~unite against racism~
******
Senior Member
1,273 posts

Joined: Apr 2008
From: cheras,kl
cimb bt got penalty charge ar if settle early?
fahrur_07
post Jul 19 2011, 01:28 PM

~unite against racism~
******
Senior Member
1,273 posts

Joined: Apr 2008
From: cheras,kl
they got your monthly statement
everything is in the statement (card expire date/ bill payment due date)
fahrur_07
post Jul 31 2011, 11:02 PM

~unite against racism~
******
Senior Member
1,273 posts

Joined: Apr 2008
From: cheras,kl
usually how long it will take for maybank to process BT?
fahrur_07
post Aug 10 2011, 02:54 PM

~unite against racism~
******
Senior Member
1,273 posts

Joined: Apr 2008
From: cheras,kl
QUOTE(cagar11th @ Aug 10 2011, 09:56 AM)
wahh...have to wait longer...BT with CIMB oni takes 5 working day...
*
good..
im planning to do bt to my cimb cc today
fahrur_07
post Aug 27 2011, 08:35 AM

~unite against racism~
******
Senior Member
1,273 posts

Joined: Apr 2008
From: cheras,kl



QUOTE(genyou90 @ Aug 26 2011, 05:19 PM)
regarding balance transfer is transfer the ur debt from one bank to another bank will lowest rate and installment plan. Issit possible to convert the credit card debt to installment plan, jst like balance transfer but in the same bank.

Let said we have 3 card here:-

Card A, maybank : Gold card , debt = 5000
Card B, maybank : Amex, debt = 5000
Card C, maybank : Visa, debt = 5000

so the total dept which 3 cards is 15K, issit possible to sum all the outstanding balance and convert it to installment plan with lower rate.

Just an example here. Hope can get more info. Thanks.
*
for maybank, intrabank bt dont have 0% program
fahrur_07
post Jan 2 2012, 08:57 AM

~unite against racism~
******
Senior Member
1,273 posts

Joined: Apr 2008
From: cheras,kl
so, now no more 0% BT program from any bank except AM Bank
fahrur_07
post Jan 23 2012, 11:26 AM

~unite against racism~
******
Senior Member
1,273 posts

Joined: Apr 2008
From: cheras,kl
QUOTE(ronnie @ Jan 23 2012, 12:18 AM)
CIMB BT dept send me a notification :
I guess CIMB 0% 6-month BT program is not available.
*
now, no need to put cimb cc in the wallet anymore
just put in the drawer collecting dust
better to use mbb 2 amex n ocbc titanium
« Next Oldest · Credit Cards, Debit Cards, Prepaid Cards and Loyalty Cards · Next Newest »
 

Topic ClosedOptions
 

Change to:
| Lo-Fi Version
 0.0404sec    0.66    7 queries    GZIP Disabled
Time is now: 5th December 2025 - 07:21 PM
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Removal Request
Powered by Invision Power Board © 2025  IPS, Inc.