a newbie question, zero % balance transfer =
amount transfer divide by month of payment equal monthly commitment?

Answer : Yes

and x% =
(amount transfer multiple by x%) divide by month of payment equal monthly commitment?

Answer : Your "x" is if they charge fee? if yes, they normally charge that amount in full on your 1st installment

Sorry, I'm weak in money so i'm now doing debt reconsolidation.

Just settled full payment for my final CIMB BT . 0% at 6th month payment already

Now left MBB 0% 12 months BT, halfway.

I hope they come out with more new & exciting BT plans soon, its the 2nd half of the year already!

update ask 2 banks
1. standard chartered, 3 different rate for 6,12,24 month. no more 1.99%/yr as mentioned in first page. called 2 times different day to confirmed with cs. haiya!

2. bank islam-12% per year, not sure whether this is true since only ask with cs at the bank and this info clash with first page which offer 0%. kinda dissapointed since brought all my documents to apply already

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Added on May 17, 2012, 11:51 pmtomoro going to ask alliance bank and pbb
first choice alliance, if don't have pbb it is

This post has been edited by kei18kun: May 17 2012, 11:51 PM

I guess all should use post#1 as reference only AND if interested one should then go to the bank's website to reconfirm the BT plan promo.

hi bro,

pls read carefully my pg 1. for standard charted, it says "for new application only". and i double confirm by calling the bank just now. still valid

bank islam is 12% per year? you sure bo? the bank islam i just call this week

This post has been edited by brotan: May 18 2012, 10:12 AM

Thank you so much, cutie, you just save me from paying interest on my CIMB BT. After reading your post I called up CIMB CS to reconfirm the final payment date.
All the while I thought I need to make the final payment based on the due date of BT statement, but no it is based on when the BT took place.
My first BT was done on 18/11/2011 so final payment must settle by 17/5/2012 yesterday.
My 2nd BT was done on 15/12/2011 so final payment must settle by 14/6/2012.

So got to rush there to pay up my 1st BT, according to CS 2 days grace period, and tomorrow is Saturday.

This post has been edited by MGM: May 18 2012, 10:21 AM

Agree with you. I am not so free that i call every bank every week to update the latest info

Although I am TS, I expected every forumer who are interested in BT topics to help contribute to this thread by giving an update on any changes over time

this way everyone will benefit from the info provided

sorry bro, the standard chartered is my mistake. i called uob instead, really not listening to other people already. need to pay more attention to what other people says

bank islam i will go again to ask again. however need to ask another CS since the one i ask on wednesday seems like dunno anything

Welcome

I don't know my exact date also, but I just aware this is my 6th 5% payment due date (for CIMB BT), therefore must pay the 5% and the remaining 70% for full settlement.

Not true... I paid all my final CIMB BT payment 1-2 days before the 6th month Statement Due Date... not based on BT approval date lah.

But the CS said final payment must be paid based on the BT date not the due date stated on the sixth statement.
It just happens that the two due dates are one day apart.
But for my the other outstanding BT which was done on 15/12/2011, need to make final payment by 14/6/2012 and not the next statement's due date of 17/6/2012.

Believe me that the CS know nuts on how the interest will be calculated.
Either way I'm just sharing how I make my 6th month (last) payment to CIMB's BT account.

How would you keep track your BT approval date for Average Joe ?

This post has been edited by ronnie: May 18 2012, 03:41 PM

MGM,

I tend to agree with ronnie... my first CIMB 0% 6 months (cleared last year), I clear both the 6th 5% and remaining 70% together, about 5 days before 6th-payment due date. No extra interest/charge.

This is my 2nd CIMB 0% 6 months just cleared recently. Hopefully no extra interest.
Have to wait next month statement.

I cleared all my previous 7 BT with CIMB with the same method... pay 1-2 days before due date.

same here

Me too.
I just need to keep an eye on the STATEMENT DUE DATE. Never been charged interest.

so which bank offer the best BT currently? I'm eyeing at HSBC. Any other BT better than this?

HSBC - make sure you understand the terms and conditions and their payment hierarchy. Even if it is 0%, it may not necessary means you won't be imposed interest for transactions with your card.

Thanks for the reminder bro. Any good deals BT offered by banks? Can recommend a good one?

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Added on May 18, 2012, 11:24 pmThanks for the reminder bro. Any good deals BT offered by banks? Can recommend a good one?

This post has been edited by MugenK20A: May 18 2012, 11:24 PM