I checked with CIMB staff at Pavilion, its 0% interest BT is a real 0%. That means you only need to pay minimum every month and settle in full in the 6th month. I would say it is the best BT in the market.

Are you kidding? You consider 9.88% per annum a good offer? CIMB/DA offers you 0% interest for 6 months and 1% for 1 year.

I know CIMB does not accept BT from another bank.


I am not sure about PBB. CIMB normally takes 7 days to approve and transfer the amount.


The fax number is stated clearly on the BT application form.

What I meant was that, last time CIMB did not allow you to transfer your existing BT account with other bank to CIMB BT account. Other banks may allow you to do that.

OCBC does not require you to provide statement for BT application.


OCBC Titanium MC does not charge handling fee for BT.

Yes, I would say CIMB's BT is the best in town. CIMB/DA credit cards have nothing to attract me except their BT promotion and package.

CIMB BT promotion, namely 0% interest for 6 months and 1% for 12 months without any handling fees, is running till 31/12/2010.

The good thing about CIMB BT programme is that a separate account will be created for BT. Besides, there is no interest charged as long as you pay minimum every month and settle the amount in full in the 7th month. I reckon CIMB BT programme is the best so far.

The current 0% interest for 6 months for CIMB BT, as well as DA BT, are applicable to all new and existing CIMB and DA cardholders.

http://www.cimbbank.com.my/index.php?ch=43...7&tpt=cimb_bank


If you have an available CL of RM3,000 and you do BT of RM3,000. Then your CL is fully utilised and the available CL is zero. CIMB and DA allow you to utilise 100% of your available CL to do BT.

Your available CL will become zero immediately.

CIMB/DA allows you to do that.

That's true. I just transferred a total amount of RM80,000 from my SCB JustOne Titanium and SCB World MC to DA VI last month. I am going to do another BT from OCBC Titanium to DA VI this December. I have money to settle all the outstanding balance but since DA is offering me 0% interest for 6 months without any handling or upfront fees, I can delay paying in full and my money can earn some interest in FD!

I was told by CIMA/DA that CIMB/DA does not accept BT to BT.


However, most of them do have operate CIMB/DA which creates a separate account for BT. This could avoid unnecessary interest charged.

CIMB accepts BT which uses 100% of your available CL in your CIMB cc. However, if you wish to do BT of RM7,000 from HSBC to CIMB and the available CL of your CIMB cc is less than RM7,000, then you cannot do BT for the full RM7,000 to your CIMB cc.

For CIMB/DA, it can be done. I had done a BT of RM80,000 (partial downpayment for a new house via SCB cc) to DA in October. I have just submitted another BT application for an amount of approximately RM10,000 from OCBC to DA. I have money reserved in FD form but since I can get 0% interest for 6 months, there is no harm to let my money grows further and delay the payment.


The money will usually be transferred via IBG. For my case, it took about a week for the whole process, i.e, from submission of BT application to DA to official receipt of BT fund for SCB.

One good thing about the BT programme from CIMB/DA is that they allow you to fully utilise the available CL of your CIMB/DA cc for the BT amount. For instance, if your CIMB's available CL is RM100,000, you can then do BT from other banks (could be more than a bank) for a cumulative amount of no more than RM100,000 to CIMB. Meanwhile, most other banks do not allow BT amount of 100% your available CL, e.g, OCBC 60% and Amex 70%.

I applied for DA's BT via fax on 16/12. DA has approved my application and transfered the money to OCBC on 22/12. This is my second BT with DA since September this year.

I guess CIMB/DA will extend the 0% interest BT again in January.

I would be much better and faster if your fax the form together with your statement to the designated fax number for BT yourself.

Safest option, clear all cc debts by paying off all the outstanding balance.

I have thus far done 2 BTs with DA. Both were done (with money transferred) within a week from the day I submitted the application by fax.

For CIMB, 100% of available CL is allowed for BT programme.