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 Balance Transfer, What is it actually???

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lamode
post Aug 12 2011, 02:30 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.
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did you use the same form to BT to visa/master?
how about the 12 mth 0% interest promo?
lamode
post Sep 6 2011, 09:42 PM

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has anyone tried to BT the outstanding on Maybankard 2 AMEX to other bank? is that possible?
lamode
post Sep 7 2011, 07:31 AM

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QUOTE(ronnie @ Sep 6 2011, 11:35 PM)
Yes possible... I have done BT from Maybankard2 AMEX & Maybankard2 Visa to CIMB
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i assume u put an extra "0" infront of ur AMEX card number in the CIMB's BT form ya?
lamode
post Sep 7 2011, 07:59 AM

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thanks guys for the replies notworthy.gif
lamode
post Sep 21 2011, 07:08 AM

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would it be possible to BT from MBB to CIMB this month, and then BT back the exact same amount that had previously been BT'ed back to MBB next month?
lamode
post Sep 21 2011, 07:39 AM

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QUOTE(shiroikun @ Sep 21 2011, 07:15 AM)
for MBB a big NO. MBB BT bill you monthly for 12 months, you won't see full BT amount as your outstanding balance. If you wanna BT full amount out from  MBB BT to CIMB, you need to call MBB customer service to fully bill the BT amount to your credit card then only you able to BT to CIMB BUT they will charge you RM100 for early settlement
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ok. just wondering about the process/possibility of BT out a BT'ed amount from CIMB to Maybank.
lamode
post Sep 22 2011, 12:21 PM

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QUOTE(shiroikun @ Sep 21 2011, 09:08 AM)
For CIMB you can do so, the first 5 months you can pay the minimun payment and the final month BT the remaining outstanding to MBB then you will get 0% for 6months + another 12months 0% installment @ MBB
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gonna do that then, thank you for the reply notworthy.gif


Added on September 23, 2011, 4:15 pm19/09 - Faxed in BT application form to CIMB
21/09 - Appeared on CIMB Clicks
23/09 - Payment updated on M2U

This post has been edited by lamode: Sep 23 2011, 04:15 PM
lamode
post Sep 24 2011, 06:22 PM

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QUOTE(nokiaXP @ Sep 24 2011, 06:07 PM)
let say my cc A credit limit only left rm2k but i wan do BT from my cc B to A and the amount is rm3k mean rm1k over from my A cc credit limit.it is possible?
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no, the bt application will be rejected.
lamode
post Sep 25 2011, 01:18 PM

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got one question for MBB BT veteran.
lets say i have 10k CL, that would means i could use max 8k for BT. assume after i have paid few months, and the outstanding balance down to 5k, possible for me to make another 3k BT?

or i have to fully settle the 8k before i can make another BT?
lamode
post Oct 5 2011, 09:59 PM

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for MBB, the minimum RM1k BT is per card or per BT application?

This post has been edited by lamode: Oct 5 2011, 10:00 PM
lamode
post Oct 5 2011, 10:41 PM

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QUOTE(erry- @ Oct 5 2011, 10:20 PM)
per card of BT.

say u have 2 cards u want to BT to mbb, so each card must BT min rm1k.

The minimum amount you can transfer under the 12 month plans is RM1, 000.
You can transfer balance from up to three other banks at one time.
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thanks flex.gif rclxm9.gif
lamode
post Oct 6 2011, 05:21 PM

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Just found out from CS that 90% of MBB CL can be used for balance transfer smile.gif
lamode
post Dec 5 2011, 10:04 PM

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BT master / sifu,

will it make the CCRIS or credit report look bad and harder to get loan in the future, if i have many BTs, but pay all on time. hmm.gif unsure.gif unsure.gif unsure.gif

This post has been edited by lamode: Dec 5 2011, 10:04 PM
lamode
post Dec 21 2011, 10:20 PM

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MBB BT Application
Faxed on : 15 December 2011, early morning
Approved on : 19 December 2011
Paid to CC on : 21 December 2011
Total: 5 working days.
lamode
post Dec 21 2011, 11:20 PM

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QUOTE(ronnie @ Dec 21 2011, 10:28 PM)
rclxms.gif rclxms.gif That's quite fast for MBB
Which fax no. did you fax the form to ?
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the fax number that stated on BT form.
lamode
post Jan 30 2012, 08:35 AM

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anyone taking BT with interest?
is alliance bank's 6 mths BT @ 0.42% per month the best deal on table among chargeable BT?
lamode
post Jan 30 2012, 09:49 AM

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QUOTE(Gen-X @ Jan 30 2012, 09:14 AM)
if you have read few back post, PBB 0% still being offered until next month.
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i have already maxed out PBB and trying to avoid RHB, so looking at non 0% BT at the moment.
lamode
post Feb 8 2012, 07:56 AM

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QUOTE(AskChong @ Feb 8 2012, 12:49 AM)
PBB Balance Transfer 0%.

No Charges? Usually PBB imposed fixed rate charges like handling fee etc.

So, effectively not free loan. Can you confirm as I can't find info on pbebank.com
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looking harder man
http://www.pbebank.com/en/en_content/personal/cards/bt.html
lamode
post Feb 26 2012, 09:36 AM

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QUOTE(ronnie @ Feb 25 2012, 09:45 AM)
I wonder if I can get this Citibank BT program when applying for new Citibank card.... hmmm  hmm.gif  hmm.gif
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i will post here once i heard back from CS in the next few days. smile.gif
lamode
post Feb 27 2012, 06:16 PM

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QUOTE(ronnie @ Feb 25 2012, 09:45 AM)
I wonder if I can get this Citibank BT program when applying for new Citibank card.... hmmm  hmm.gif  hmm.gif
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The CS called me back, the answer is NO.
This program only for selected existing customers.

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