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 Balance Transfer, What is it actually???

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pink_hippo
post Jan 16 2011, 02:15 PM

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QUOTE(erry- @ Jan 14 2011, 10:55 PM)
for 12 months - its mbb, amex and alliance (alliance for current card holder only). its 0% fee.

for 6 months - cimb and pbb. also 0% fee.

cimb 12 months got 1% fee.
pbb 12 months got 1.5% fee.

as long as ur CL available is higher than the BT amount, no problem.

u need to apply the credit card 1st before can apply BT.

after the BT approved, its up2u want to use the card or not.
if u want to consider the BT as a loan repayment, so dont use the card.
but u still need to pay GST and annual fee (if applicable).
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I read from Maybank website and saw there's 0% for 12 months plan and 0% processing/handling fee for balance transfer.
The promotion will end in April 2011. May i know if anyone has transferred before? I'm thinking to extend the credit term to manage my cashflows.

http://www.maybank2u.com.my/mbb_info/m2u/p...sonal/CRD-Cards

Any advise please? Thanks biggrin.gif
pink_hippo
post Mar 17 2011, 09:47 PM

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QUOTE(jhcwcc @ Mar 17 2011, 09:36 PM)
by the way, if i use RM2k for retail n BT 3k... so if i only paid RM2k, any interest impose on me??
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Hi guys have any one of u did the balance transfer twice to the same bank? I intended to apply for another BT from CIMB after the first one was approved.

pink_hippo
post Mar 17 2011, 10:14 PM

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QUOTE(chemistry @ Mar 17 2011, 09:59 PM)
I am having four BTs with CIMB now .
So, your question is answered  biggrin.gif
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Hahahaha thanks! Then I'll have a great savings! rclxms.gif rclxms.gif


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