No penalty if you pay early or pay extra. no benefit unless you demand for refund of overpayment

your over payment will just park there, waiting to clear your dues on statement date. you cant clear all the 6 instalments in 1 month.

I am surprised to see there is a 0.5% Cash back for balance transfer also.
Too bad the RHB ZERO interest /fees BT no longer available, hope it will be extended...like the PBB BT.

RHB bank

i don't think it is mentioned any where, and i think nobody knows about it, otherwise all would have sent their BTs to RHB instead of Aeon Watami.

The BTs we all took are all interest free/no processing charges. We BT to make money from the bank, not let the bank make money from us.

I have stopped swiping my RHB card since. Shall wait and see if next statement still come with the CB.

My Cash rebate is RM12.70 only.
The RM50 CR for my GST i received ealier.

How about others with RHB BT?
RHB mistaken my BT as retail transactions?

Aeon Watami

my mistake, should be RHB Visa signature

Yeah i have the same problem. I applied BT from MBB AMex to Watami on 22.7.14, received call verification and approved on 23.7.2014, the BT installment showed 23.7.14 in my Watami acc., but i dont see that payment in my MBB Amex account yet.

Previous record showed, approved on 23.6.14, installment in Watami dated 23.6.14, payment shown in MBB dated 30.6.14

my MBB Amex due date is 10.8.14, will call Watami if payment still not appearing in MBB next 2 days.

BT (6m) to Aeon Card, no charges no interest and, you get 30000 points =RM120 CB

Update on late payment from Aeon BT to MBB.

Yesterday evening, i called MBB to enquire about that payment. I was told, no BT payment had been received. Also did not show any cheque float in the system.

Then just now i logined to MB2U, it showed payment made on 4.8.2014. Saved me the hassle to call Aeon.

Looks like a IBG payment, where the receiver wont be able to see it till it's credited. Has Aeon BT payment changed to IBG instead of cheque?....

Yes it showed up a bit later. Now i can see it in the MB2u.com , it is a local cheque payment with cheque number...

I wonder how come the cheque was not showed as floating when i called them yesterday evening........
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just to share the BT game:
My PBB card statement already out 4 days, I wanted to BT the outstanding to Aeon, but Aeon balance Credit insufficient! Yesterday i applied for PBB BT , rm14k to Aeon hoping to use it back to pay PBB. time is a bit tight.....Pbb already approved it today, money should in Aeon by 8.8.14. so should be able to pay back PBB statement b4 due date 21.8.14.

Sure i will let you know when the PBB BT money reaches Watami acc....

I should have applied for PBB BT earlier........rather than wait till after PBB statement date.
This would have saved me the cash out of pocket today.

If i didnt bank in cash this morning, my plan to get Aeon BT to pay PBB outstanding before due date 21.8.14 may fail for 2 reasons:

1)timing too tight, PBB pays by cheque.--even though one of my PBB BT records showed that within 2 days of approval , money was in Watami account. However 2 other records showed PBB 's money reached Watami 4 days after approval........... So this morning i just banked in cash to watami account.

2)My Aeon Statement will be coming on 10.8.14.

Even if the BT CR from PBB can reach Watami Account by 8.8.14 or even 9.8.14, if i dont get my Aeon BT (to pay PBB) approved before 10.8.2014, i may still end up with insufficient credit in Watami once the Watami statement is out becos the available CR would have been 'swallowed' by the statement itself.

My gut feelings....., if your coming Watami statement amount is large, you must quickly use the available current CR to BT before statement comes out....as once the statement out, whatever Cr there would be used up to pay the statement itself first.
.

Use example is easier to understand.

Scenario A.

Aeon CR balance RM2000 on 1.8.2014, outstanding of RM15k in Aeon and statement will be out on 10.8.2014.
You want to do BT RM10k from PBB outstanding to Aeon, but Aeon CR balance insufficient.
So you to bank in RM11k on 6.8.2014, new CR balance becomes RM13000, now can BT from PBB to Aeon.


Scenario B, same as above.

But you wait till after the statement out then only bank in that RM11k cash to Aeon and try to do that BT RM10k. I suspect this BT will not go through......?insufficient fund? the RM11k banked in will be taken up by the Aeon outstanding due? me not sure actually..

sorry to cause confusion. My total CL is more than 17k, i meant only RM2k left on 1.8.2014 as my account is loaded with more than 20 BTs , 1st BT just cleared, the rests in various stages of repayment.

but now after looking at more records of BTs in relation to available CR .......i think i could be wrong ie i might still be able to do that BT ,even if all that is done after statement out on 10.8.14.i should be able to confirm this with next statement.

For the 1st BT you do yes, they go by 80% CL capping, but after you do more and more, it becomes complicated.

I looked at my total BT amount - nearly double my CL!. So far only cleared 1 BT, 5 recent BTs not even started 1st instal. payment. i got a feeling the total unpaid still more than my total CL... could be due to my regular overpaying from the interest free money from PBB.

i did some quick addition on all those unpaid installments- total amount = CL + RM7+k. So more than 100% CL are there in owing.

The PBB money was only credited on 12.8.14. Cheque payment date was 7.8.2014, posting date 12.8.2014, i over estimated their efficiency... However my BT was successfully approved as i banked in my out of pocket cash on 6.8.14

My BT application to Aeon has been declined. No reason stated.
So my overpayment there is stuck again. May need to request for refund again, all the trouble to find out the PBB cheque details.......

Has anyone 's BT application to Aeon been rejected despite adequate CR balance?

so u had also been declined? Curious , i called they said they also dont know. No reason.

In your case, how many BTs u have with Aeon? Wｅｒｅ the previous 2 BTs too short interval from your declined BT?

Mine i got 22 Bts, last　２ approved 　１.８.１４　ａｎｄ　7.8.14.
Ｄｅｃｌｉｎｅｄ　ＢＴ　１３.８.１４　( from OCBＣ　ａｎｄ　ＣＩＭｂ)

This post has been edited by guy3288: Aug 18 2014, 11:12 PM