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Credit Cards Balance Transfer (BT) Plans V2 - Banks Offer List

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sj0217
post May 11 2014, 04:12 PM

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QUOTE(cfc @ May 11 2014, 03:56 PM)
thanks sj0217

so as long i i paid full for the statement due (BT installment + all retail spending) , I will have no problem right. And I can still continue to use it normally.
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Ya this is what I have done so far for currently.

No extra charge from bank based on my monthly statement
sj0217
post May 11 2014, 04:20 PM

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QUOTE(Gen-X @ May 11 2014, 12:05 PM)
Bro, please note that HLB BT has a penalty fee of RM70 if you settle the BT prior to Expiry Date.

To ALL:

I just republished my article on Balance Transfer Plans with Credit Card. In this new and revised article I will show you the following:

1. Different types of Balance Transfer Plans, i.e. True 0% BT Plans, Upfront Interest BT Plans and Reducing Interest BT Plans.

2. Current 0% Balance Transfer Plans and my comments.

3. And what you really need to know about Balance Transfer Plans. If you are new to credit card balance transfer, the more reason why you need to read my article  tongue.gif 

Click here to read my article Balance Transfer Plans 2014 - Facts You Need To Know.

Now, if you are stubborn and not wanting to read my above mentioned article and go ahead and perform a Balance Transfer, I have a tip for you - DO NOT USE THE CREDIT CARD WHICH YOU HAVE PERFORMED BALANCE TRANSFER WITH UNTIL YOU HAVE SETTLE THE DEBT IN FULL. This warning is most appropriate for Balance Transfer Plans that do not create a NEW ACCOUNT for the Balance Transfer.
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Thanks for your long article again.. thumbup.gif

I have more concern about Aeon 6 months 0% BT application.

For AEON's 6 Months 0% Balance Transfer Plan, the minimum amount to be transferred is only RM1K. You may perform Balance Transfer amount up to 80% of your credit limit. Offer is for Principal cardholder only. Repayments are based on equal installments

May I know what mean by repayment are based on equal installment??? As long as we are settled BT amount by monthly until 6 months right??

Have done BT to Aeon few months ago and so far no extra chrage, just need to make it clear.
sj0217
post May 11 2014, 11:34 PM

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QUOTE(Jason @ May 11 2014, 05:16 PM)
If you BT 6k to aeon they will break up to 6 months equally which means 1k a month for 6 months
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I see, noted with thanks

QUOTE(Gen-X @ May 11 2014, 10:23 PM)
Bro, you have done BT with AEON and yet I can make you worry  tongue.gif

What I meant by Equal installment is just like what Jason explained above.
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No worry if there is based on equal installemnt, planning to have another BT to Aeon again


sj0217
post May 16 2014, 07:41 AM

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QUOTE(tbheng @ May 16 2014, 01:26 AM)
Ya, 80% as per TnC. Mine still below 80%.
Wonder during the verification call, will they inform if exceeded 80%?  hmm.gif
IINM, read in this thread, if exceeded, the BT will just failed without notification. Advice is to monitor closely on cheque clearance.
Unless someone can re-confirm this.
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Have BT from one bank to MBB (but not Aeon BT), the CS has called about exceeded the credit limit for my MBB card, two solution has given by CS:

1) Advice me to credit back some money into that MBB CC account

2) Amend the BT amount to be fulfill of 80% credit limit.

Not sure whether Aeon is same way to process or not...
sj0217
post May 19 2014, 01:35 PM

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QUOTE(Dannyl @ May 19 2014, 10:17 AM)
For BT, they will ask for statement of card to BT from, right?  Can I just print out the card details from online banking instead, with details such as my name, outstanding amount, card number, etc?

Planning to BT to RHB and BSN.

Thanks.
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QUOTE(ronnie @ May 19 2014, 12:27 PM)
Those print out are acceptable... you can also add the paper statement as supporting as well.
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Is this mean process to BT application before statement out or statement is already out but provided other detail??

Paper statement is a MUST for BT application, right??
sj0217
post Jun 4 2014, 01:29 PM

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QUOTE(bee993 @ Jun 4 2014, 12:33 PM)
Say This month mbb2 statement I do BT to aeon.

Aeon paid mbb this month then when do I start pay to aeon BT? The next month? Tq.
Is the BT payment date same with the cc due date too?

Thx again
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MBB BT to Aeon before.

MBB = Due date 3 every month

After get the MBB statement (Jan), apply for BT to Aeon.

The first BT payment was appear in the latest Aeon statement (10th Feb)

BT payment will be same according to the Aeon CC statement and due date.

sj0217
post Jun 11 2014, 04:59 PM

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10/6 - Submitted BT form to Aeon yesterday morning.
10/6 - Received an email about forwarding my request to the department concerned on late evening.
11/6 - Received the verification call this morning and SMS has send for approval.

Credit to Bank A should be taking 1 week time I guess...

Get to know that the amount we BT cannot come with cent at the back

Example:
BT amount = RM 1000.22
Correction amount = RM 1000.30

sj0217
post Jun 19 2014, 08:57 PM

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QUOTE(sj0217 @ Jun 11 2014, 04:59 PM)
10/6 - Submitted BT form to Aeon yesterday morning.
10/6 - Received an email about forwarding my request to the department concerned on late evening.
11/6 - Received the verification call this morning and SMS has send for approval.

Credit to Bank A should be taking 1 week time I guess...

Get to know that the amount we BT cannot come with cent at the back

Example:
BT amount = RM 1000.22
Correction amount = RM 1000.30
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To be continue above BT process:

17/6 - Payment has made to Bank A from Aeon.

Overall, payment is only take 5 working days from 11/6 (SMS approved) till 17/6 (SMS for payment confirmation) rclxms.gif
sj0217
post Aug 18 2014, 07:37 AM

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QUOTE(David900924 @ Aug 18 2014, 03:25 AM)
I have submit my application for the watami. now have freebies, got mini fridge once approved, there will be RM50 + RM24 if u link your aeon member card.

for BT. they need CC statement. cant wait to get approved biggrin.gif
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Watami credit card link with Aeon membership? are you sure??
sj0217
post Aug 18 2014, 01:50 PM

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QUOTE(carpathia @ Aug 18 2014, 01:07 PM)
wah....so much chatter on AEON BT lately? why ah? other banks also give 0% for 6 months what....
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Point will be earn if BT to Aeon, this is one of the main point for me
sj0217
post Sep 5 2014, 10:58 AM

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QUOTE(DarReNz @ Sep 4 2014, 03:07 PM)
victorywp i found Aeon's BT number as they called me +60326888888
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Two transaction made via Paypal last week and received this number call for vertification, this number is not only for BT call I think.


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