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Credit Cards Balance Transfer (BT) Plans V2 - Banks Offer List
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gerrardling
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 May 14 2012, 01:52 PM
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QUOTE(brotan @ May 14 2012, 01:12 PM) thanks for your intro bro really cool stuff. called them up and indeed not only their rate is good, their repayment method also different and better than other banks Updated on pg 1 but you can find the description here ### Bank Name : Bank Islam » Click to show Spoiler - click again to hide... « Link : http://www.bankislam.com.my/en/Documents/B...nceTransfer.pdfBalance transfer detailsValid Until : 31st Dec 2012 (Note : Called the bank. CS said that unlike other banks where they calculate the monthly installment for you and put that amount in your monthly statement and if you fail to pay that month they will charge you interest, for Bank Islam you can don't pay at all until the final due date (6 mths, 12 mths or 24 mths) pay lump sum everything one shot. That means if you don't pay monthly the installment, it is still ok as they won't charge you interest Early Settlement Penalty : NA : Plan A - 6 mths, 0% fee, 0% interest, Min - RM 1k per bank : Plan B - 12 mths, 0% fee, 1% interest/yr, Min - RM 1k per bank : Plan C - 24 mths, 0% fee, 5% interest/yr, Min - RM 1k per bank the problem is if u get their credit card, there is a contract period which is 3 years. |
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TSbrotan
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May 14 2012, 02:17 PM
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QUOTE(gerrardling @ May 14 2012, 01:52 PM) the problem is if u get their credit card, there is a contract period which is 3 years. you mean you can't terminate your cc for 3 years? |
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gerrardling
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May 14 2012, 02:18 PM
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QUOTE(brotan @ May 14 2012, 02:17 PM) you mean you can't terminate your cc for 3 years? not sure, have to call their CS and ask. |
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shiroikun
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May 14 2012, 03:30 PM
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This is a very good BT from Bank Islam... After 6 months just need to transfer the balance to another bank and transfer back to Bank Islam...you will get another 6 month 0% interest
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pisang
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May 14 2012, 08:38 PM
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this morning... SCB called me.
There is an offer for BT 1.99 p.a. for 6 months.
anyone of you apply before?
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ronnie
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 May 14 2012, 11:52 PM
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QUOTE(brotan @ May 14 2012, 01:12 PM) thanks for your intro bro really cool stuff. called them up and indeed not only their rate is good, their repayment method also different and better than other banks Updated on pg 1 but you can find the description here ### Bank Name : Bank Islam » Click to show Spoiler - click again to hide... « Link : http://www.bankislam.com.my/en/Documents/B...nceTransfer.pdfBalance transfer detailsValid Until : 31st Dec 2012 (Note : Called the bank. CS said that unlike other banks where they calculate the monthly installment for you and put that amount in your monthly statement and if you fail to pay that month they will charge you interest, for Bank Islam you can don't pay at all until the final due date (6 mths, 12 mths or 24 mths) pay lump sum everything one shot. That means if you don't pay monthly the installment, it is still ok as they won't charge you interest Early Settlement Penalty : NA : Plan A - 6 mths, 0% fee, 0% interest, Min - RM 1k per bank : Plan B - 12 mths, 0% fee, 1% interest/yr, Min - RM 1k per bank : Plan C - 24 mths, 0% fee, 5% interest/yr, Min - RM 1k per bank Does this mean I do not even need to pay the minimum 5% for month #1 to month #5 ? |
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TSbrotan
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May 15 2012, 12:14 AM
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QUOTE(ronnie @ May 14 2012, 11:52 PM) Does this mean I do not even need to pay the minimum 5% for month #1 to month #5 ? 5% on retail spending still need just that for bt, they don't put that monthly repayment as part of the monthly statement No statement, no need to pay lor |
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ronnie
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May 15 2012, 12:26 AM
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All Bank Islam-i CC has kontrak period of 3 years ... hmmm http://www.bankislam.com.my/en/Pages/Plati...2&mlink=TypeBICIf you apply online ...get RM150 cash  This post has been edited by ronnie: May 15 2012, 12:34 AM |
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pisang
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May 15 2012, 07:30 AM
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i think 3 yrs contract is ok.
annual fees can be waived with 12 tranx/year.
govt tax can be offset with the cash rebate with online application RM150.
then...the card holder can enjoy the 0% BT liao... which i think is the most interesting part of this CC.
hope my assumption above is correct. anyone has used this card before and BT application?
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ronnie
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May 15 2012, 07:54 AM
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QUOTE(pisang @ May 15 2012, 07:30 AM) i think 3 yrs contract is ok. annual fees can be waived with 12 tranx/year. govt tax can be offset with the cash rebate with online application RM150. then...the card holder can enjoy the 0% BT liao... which i think is the most interesting part of this CC. hope my assumption above is correct. anyone has used this card before and BT application? I'm tempted to try the BT.... since I just need to pay on the 6th month :-) |
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TSbrotan
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May 15 2012, 08:07 AM
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QUOTE(ronnie @ May 15 2012, 07:54 AM) I'm tempted to try the BT.... since I just need to pay on the 6th month :-) Hi bro Maybe you want to double check with their cs regarding their bt repayment? Too goods to be true |
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shiroikun
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May 15 2012, 08:19 AM
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No information on the income requirement for the Platinum and World Master Card from the web, anyone can show if any?
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pisang
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May 15 2012, 08:56 AM
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QUOTE(shiroikun @ May 15 2012, 08:19 AM) No information on the income requirement for the Platinum and World Master Card from the web, anyone can show if any? there is ... plat: 84K yearly income gold: 36K yearly income https://cif.bankislam.com.my/eoav2/PDF/Onli...tion%20Form.pdf |
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gerrardling
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May 15 2012, 09:10 AM
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all of sudden, all ppl talking about bank islam credit card. They will be surprise why there are so many non muslim suddenly apply for their credit card
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ronnie
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May 15 2012, 09:24 AM
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QUOTE(gerrardling @ May 15 2012, 09:10 AM) all of sudden, all ppl talking about bank islam credit card. They will be surprise why there are so many non muslim suddenly apply for their credit card Can non-Muslim actually apply for Bank Islam card in the first place... Other races may not be "halal". |
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shiroikun
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May 15 2012, 09:39 AM
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QUOTE(gerrardling @ May 15 2012, 09:10 AM) all of sudden, all ppl talking about bank islam credit card. They will be surprise why there are so many non muslim suddenly apply for their credit card Everyone is trying to earn some $$$ from banks OR save interest from CC outstanding balance...this is the only reason  |
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pisang
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May 15 2012, 09:55 AM
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i'm really interested to find out an actual case where no payment is needed till last day of expiry (6 months). any one can confirm this?
this is better than what cimb offered last year, 5% min payment each month.
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TSbrotan
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May 15 2012, 11:25 AM
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QUOTE(pisang @ May 15 2012, 09:55 AM) i'm really interested to find out an actual case where no payment is needed till last day of expiry (6 months). any one can confirm this? this is better than what cimb offered last year, 5% min payment each month. maybe you can try to call and ask yourself? |
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pisang
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May 15 2012, 11:37 AM
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QUOTE(brotan @ May 15 2012, 11:25 AM) maybe you can try to call and ask yourself? Hi brotan,i trust ur info here. Just tat i want to know if anyone here has tried tis BT? |
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TSbrotan
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May 15 2012, 11:51 AM
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QUOTE(pisang @ May 15 2012, 11:37 AM) Hi brotan,i trust ur info here. Just tat i want to know if anyone here has tried tis BT? actually i am requesting someone else call them up to confirm becuz it is possible the CS i talk to blur blur give wrong info |
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