Received call from UOB, offering me BT for 0% for 6 months. He mention no processing fees.


Any UOB holder received the call b4?>?

no fee but 0% for 12 months only , refer here http://www.maybank2u.com.my/mbb_info/m2u/p...sonal/CRD-Cards

4. One Time up-front fee at 3% from the approved amount will be charged for each approved application and billed into the card credit statement on the posting date.Maybank will notify you of the status of your application in writing.

Citi got 0.99 for 12 month bt. Be it new to bank or existing customer.
For existing u will need to apply a 2nd card to entitle this promo so the only processing fees is the rm50 gst for 2nd card.

hi all

how many post then need to go to next version?

According to the CS my BT was approved the next day after submission, but until now(after 7 days) the transfered amount hasn't appeared in the other bank's account.
Most cheques will be cleared max two days.

---

Added on December 18, 2012, 1:27 pm

Yeah I think AEON is very stingy with CL, but then it is only a gold card.
By next month I would have use up 80% of my CL for BT.
Will try to call them to raise the CL.

10/12/12 morning submitted BT @ AEON for CITI and MBB2Amex
10/12/12 evening received call from AEON to verify the BT application
17/12/12 AEON send cheques to CITI and MBB
19/12/12 payment reflected in CITI account
20/12/12 morning, no payment to MBB yet.
CL can only be raised after 6 months of usage.

Hi all,

A bit embarassed here cuz my question going to be basic question. haha

i am more familiar with the normal fix installment type of BT where the BT amount is chopped into fix amount and you pay evenly in all your BT months. And the banks normally will lump your retail spending + BT due for that month and you need to pay that full amount or else normal interest will be charged on the balance amount you settle

for the reducing interest method, i understand the more you settle earlier, the lower the interest you pay

my question is, i read through that for this reducing interest method, you have to be careful if they have separate account for BT and retail spending vs combine both as 1 account

can someone elaborate with examples how both type works?

thx

Hi Ronnie

Thx for the explanation

just to clarify with some examples

Separate Account

Retail Spending
- will be charged like normal cc for outstanding balance (as if no BT)

BT Balance
- if you pay min 5%, you will be charged whatever interest charged for BT?
- so eg. if i owe BT 10k with BT interest of 0.5% per month, so as long as I pay RM 500, i will only be charged 0.5% on the balance 9.5k. Is this correct? if yes, if i don't pay the min 5% (RM 500), what will happen?

Combined Account

let's say you have Retail spending rm 2k + BT 3k and BT charges is 0.5% per month. Given below scenario, how does the bank charge?

- You pay RM 1k
- You pay RM 3k

thx

thx Roonie. Clear now 

payment shown on your other bank's statement?

Can you share how you get them invited?

yours quite fast, I submitted on 17 Dec still no news. They have requirement to pay min RM 1000 per bank.

by the way can we balance transfer to a charge card like AMEX?

do you guys need to pay GST while getting retention.

so just pressure them that you dont want to pay gst and ask for termination.
thats it right?
do you have those retention mobile? pls pm me . tq

thanks. I am trying this tonight.
Will let you know the positive result

yes, I contacted them for 2 of my cards termination.
they told me that both cards are blocked and my request for retention is subject to management approval.

let see how, would there be someone call me...?

3 weeks time is very long. I actually paid the GST for 2013. Hopefully they call me and refund.

are they issue you new card or you can still use the old card?