Agreed ! That's the term I heard from HLB regarding about other balance transfer program but they didn't mentioned anything about the revised interest rate applied if we didn't manage to clear the outstanding balance.

I called up earlier just now but when I asked them about this promotion - they only offered me with the existing promo plan ranging from 6 - 12 months with the interest rates starting from 0.5% - 1% per month. Will this promo entitled for new HLB credit card subscriber ?

Came across 2 offers of BT plan from my UOB Credit Card agent :-

1. 6 months repayment with 0% interest rate applied
2. 12 months repayment with 1% interest upfront payment applied.

Sounds reasonable aite ?

This post has been edited by HughieRmX: May 26 2012, 05:58 PM

According to her - its meant for existing customer but I've got the opportunity to apply for it but it doesn't appear on the website also ..

According to what she mentioned to me yesterday, an example of the following :-

- Balance transfer amount of RM4,000
- 1% Upfront payment which is RM40
- Total will be RM4,040 and divided 12 months repayment, must be punctual if not it will be revert back to the ordinary credit card interest rates.

Perhaps you are right Ronnie ..

Hmm .. I guess this is what happened to my HLB CC whereby the BT amount will fall under one account and interest rates will be charged from time to time without my notice. Compare to the CIMB of mine, its a totally different approach ..

Got it ! ..
Will take note of that ..

I guess it apply for selected customer only .. Sorry for the confusion