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 Balance Transfer, What is it actually???

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mdportrait
post Aug 10 2011, 04:59 AM

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Joined: Aug 2010
From: Juru, Autocity


Hi. I wish some help to find the best Credit Card Balance Transfer Package. I heard of Eon Bank Balance Transfer is quite better:

EON Bank Balance Transfer

Balance transfer that allows you to transfer your outstanding balances from other credit card/charge card from 2.99% one time upfront charges

Features

Interest rate one time upfrnt charge from 2.99% (6 months), 4.99% (12 months), 10.99% (24 months), 14.99% (36 months), 18.99% (48 months)
Up to 48 months repayment period
Consolidate your other credit card accounts into one statement
No processing fee.

Example: I have RM6000 and would like to make balance transfer to Eon Bank Balance Transfer for 48 months.

1. ONE TIME fee = RM6000 x 18.99% =RM1139.40
2. Monthly Installment = RM6000/48 months = RM125
3. Total Credit Limit Required = RM6000 + RM1139.40 = RM7139.40 @ RM8000.

Q?= Is this the BEST plan available in the market? Please help me. Thanks...

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