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 Balance Transfer, What is it actually???

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tgeoklin
post Sep 7 2010, 11:24 AM

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QUOTE(truelife @ Sep 7 2010, 06:08 AM)
about BT, what's the max amount i can transfer from 1 bank to another ? Can i BT something like 80K ? i got money to pay off but i want to take advantage of interest free. Will this affect my financial track record ?
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This depends on the individual bank's policies. Generally, as long as you have the available limit, even RM800K should not be a problem tongue.gif
tgeoklin
post Mar 9 2012, 11:18 AM

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QUOTE(v2_vehooi @ Mar 8 2012, 11:58 PM)
bro, I also got apply this 0% BT promotion on feb 2012 and my statement came already.
The BT amount is mix with my normal retail transaction. I dont know how much I should pay in order not to get penalty charges.
So, I called up the CS and the shit Yestin give me the answer is the only way to avoid penalty charges is I need to pay full amount.
Means I need to pay full of my retail transaction + the BT full amount.
What the fu*k question? what is the meaning of 0% 6months BT ?
do you have any idea ?


Added on March 9, 2012, 8:52 am
Bro, I also got applied this 0% 6-months BT with reducing balance.
The call centre staff, En. Wafi confirmed with me that I just need to pay 5% of BT outstanding amount in first 5 month, then 6th month pay in full.
And my statement already arrive. The problem is the BT amount is mix with my retail transaction which mean in one same statement.

And yesterday and today I just call the call centre and you guys know what is their answer?

They inform me even now i pay minimum amount, I still will kena financial charges this month.

My feb 2012 statement:
   - normal transaction is total RM200
   - The bt amount is RM20K

based of my understanding, I just need to pay RM200 in full + the RM1000 (20K * 5%) = RM1200  (it can avoid financial charge)

But, what the CS told me was even though I pay minimum payment, I will still got financial charge unless I PAY FULL???

what was that ? fu*k....then what is the meaning of 0% BT ??????
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If you refer to your BT T&C, all payments will first be applied towards payment of BT before any retail transactions. It is still 0% for the BT, just that because you had not paid yr retail transactions, you are being charged interest. And as mentioned by many forumers before, once you do BT, keep the card lock up and do not use it until the BT has been settled tongue.gif

This post has been edited by tgeoklin: Mar 9 2012, 11:23 AM

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