4. Then do 0% Balance Transfer and deposit the money you are suppose to pay towards the credit card outstanding balance into FD. Once again, you need the money in hand prior to your purchase, else you earn nothing but you do save on interest charges with some little bit work.

gerrardling, yes do BT to save insterest charges for housing loans do make sense. However, I have mentioned that using BT to reduced housing loan interest does not constitute "earning" money but savings on interest charges because net net you still be in the negative. It is no different from one having no money to pay their credit card bills and thus do balance transfer to save interest charges. FYI, I have stopped tap fish and found new hobby which still requires me to tap tap on the computer screen but so far making me money.
aeiou, yes you can BT every month as long as you have credit in CIMB.

many here go to step 5 and transfer their outstanding amount in CIMB BT to MBB BT. To maximize returns, you need MBB 2 AMEX and CIMB. With MBB 2, automatically you'll earn 2.5% upfront which is more than earning you can earn from FD (any other card would earn you much less except for MBB WMC).  And then transfer the MBB 2 outstanding to CIMB and then back to MBB2 account. So you can drag your payment up to 18 months.

since u only have MBB CC that offer 0% BT, you can only transfer ur balance from OCBC to MBB. keep your money that supposed to be paid for OCBC outstanding balance in FD for 12 months.
citibank offer BT also but not 0%, not worth it