Balance Transfer (BT) Plans V2 - Banks Offer List

Lowyat.NET forums

Lowyat.NET Kopitiam Garage Sales

Lowyat.NET Rules and Regulations FAQ Help Search Members

Welcome Guest ( Log In | Register )

Lowyat.NET -> Finance, Business and Investment House -> Credit Cards, Debit Cards, Prepaid Cards and Loyalty Cards

Bump Topic Topic Closed RSS Feed

19 Pages 1 2 3 > » Bottom

Outline · [ Standard ] · Linear+

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

views

TSbrotan	Mar 21 2012, 05:20 PM, updated 12y ago Return to original view \| Post #1
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	FAQ On BT Topics In the spoiler are some of the most commonly asked questions in the thread. So I have compiled them here for easier reference as not to repeat the same question all over » Click to show Spoiler - click again to hide... « Q : Is it possible to BT within the same bank? Eg BT from Bank A to Bank A A : NO, it is not possible. You can only BT between cc of 2 different banks. Eg BT from Bank A to Bank B Q : Is it possible for Mr. A cc to BT to Mr. B cc ? That means BT between 2 different card holder A : NO, it is not possible. You can only BT between 2 cards with same card holder name Q : What is the maximum amount that I can BT? A : Each bank has different policy but general consensus is 80% of your available balance credit. Eg if your credit limit is RM 20k and you still owe the bank RM 15k, then you can maximum BT RM 4k. However, always consult your bank for the actual amount ######### Listed below are banks current offering of Balance Transfer (BT) program As I do this on a non regular basis, so if there is any update on the balance transfer offering or mistake in my post, pls let me know by PM so that I can update / correct it Disclaimer : I am not responsible for any financial issues arise from using the information provided. As I cannot list down all the T & C impose by banks, pls make sure you double check with the banks on the BT topics before you make any of your decision Thanks ######### Banks Currently Offering 0% Balance Transfer » Click to show Spoiler - click again to hide... « 1) Public Bank : 6 mths, Min - 5k per bank, Valid Until : 30/6/2014 (extended until further notice) 2) Aeon Credit Service : 6 mths, Min - 1k per application, Valid Until : NA 3) Maybank: 12 mths, 0% fee, 0% interest/mth, Min - RM 1k per application. Valid until 8/3/2015 Banks Currently Offering <= 3%/yr Balance Transfer » Click to show Spoiler - click again to hide... « 1) Public Bank : 1 yr, one time 2% fee, Min - 1k per bank, Valid Until : 30/6/2012 (extended until further notice) 2) Public Bank : 2 yr, one time 5% fee, Min - 3k per bank, Valid Until : 30/6/2012 (extended until further notice) 3) Affin - 36 mths, 7% fee, 0% interest / yr, Min - RM 3k per bank. Valid until : NA 4) BSN : 12 mths, 0% fee, 0.3% interest/mth w/ 0% last 6 mths, Min - RM 1k per bank, Valid Until : 30/4/2013 (but BSN say so far always auto extend) 5) BSN : 24 mths, 0% fee, 0.375% interest/mth w/ 0% last 12 mths, Min - RM 1k per bank, Valid Until : 30/4/2013 (but BSN say so far always auto extend) 6) Hong Leong : Up to you when you want to settle (no end date), 6.99% one time fee, 0% interest, Min - RM 1k per bank, Valid Until : Not sure 7) Alliance : 24 mths, 0% fee, 2% interest/yr, Min - RM 2k per bank, Valid Until : 31/5/2012 8) Affin - 24 mths, 6% fee, 0% interest / yr, Min - RM 2k per bank. Valid until : NA General Balance Transfer Offering Bank Name : Public Bank » Click to show Spoiler - click again to hide... « Link : http://www.pbebank.com/en/en_content/personal/cards/bt.html Balance transfer details Valid Until : 30/6/2012 (extended until further notice) Early Settlement Penalty : RM 100 per balance transfer : Plan A - 6 mths, 0% fee, 0% interest, Min - RM 5k per bank : Plan B - 12 mths, 2% fee, 0% interest, Min - RM 1k per bank : Plan C - 24 mths, 5% fee, 0% interest, Min - RM 3k per bank : Plan D - 6 mths, 1% fee, 0% interest, Min - 1k per bank Bank Name : Maybank » Click to show Spoiler - click again to hide... « Link : http://www.maybank2u.com.my/mbb_info/m2u/p...sonal/CRD-Cards Balance transfer details Valid Until : NA Early Settlement Penalty : RM 0 : Plan A - 6 mths, 0% fee, 0.5% interest/mth, Min - RM 1k per application : Plan B - 9 mths, 0% fee, 0.75% interest/mth, Min - RM 1k per application : Plan C - 12 mths, 0% fee, 0% interest/mth, Min - RM 1k per application. Valid until 8/3/15 : Plan D - 24 mths, 0% fee, 0.375% interest/mth, Min - RM 2k per application : Plan E - 36 mths, 0% fee, 0.413% interest/mth, Min - RM 2k per application Bank Name : RHB » Click to show Spoiler - click again to hide... « Link : http://www.rhb.com.my/cards/benefits/smart_move/main.html Balance transfer details Valid Until : NA Early Settlement Penalty : No but up front interest paid will not be refunded : Plan A - 12 mths, 0% fee, 4% interest one time, Min - RM 1k per bank : Plan B - 18 mths, 0% fee, 7% interest one time, Min - RM 1k per bank : Plan C - 24 mths, 0% fee, 9% interest one time, Min - RM 1k per bank Bank Name : RHB Islamic » Click to show Spoiler - click again to hide... « Link : http://www.rhb.com.my/islamic_banking/cards/cc_main.html Balance transfer details Valid Until : 15/1/2014 Early Settlement Penalty : No but up front interest paid will not be refunded : Plan A - 6 mths, 0% fee, 0% interest one time, Min - RM 1k per bank : Plan B - 9 mths, 1% fee, 0% interest one time, Min - RM 1k per bank Bank Name : Aeon Credit Service » Click to show Spoiler - click again to hide... « Link : http://www.aeonmalaysia.com.my/acs/af/kona...ChannelId=-8814 Balance transfer details Valid Until : NA Early Settlement Penalty : RM 0 : Plan A - 6 mths, 0% fee, 0% interest, Min - RM 1k per application Bank Name : AmBank » Click to show Spoiler - click again to hide... « Link : http://www.ambankgroup.com/en/Personal/Car...es/default.aspx Balance transfer details Valid Until : NA Early Settlement Penalty : RM 100 per balance transfer : Plan A - 6 mths, 0% fee, 4.99% interest/yr, Min - RM 5k per transaction : Plan B - 12 mths, 0% fee, 8.99% interest/yr, Min - RM 5k per transaction : Plan C - 24 mths, 0% fee, 8.99% interest/yr, Min - RM 5k per transaction Bank Name : Al Rajhi Bank » Click to show Spoiler - click again to hide... « Link : http://www.alrajhibank.com.my/personal_fin..._transfer.shtml Balance transfer details Valid Until : NA Early Settlement Penalty : Yes but no formula. To be decided by bank (like car loan) : Plan A - 2 yrs - 5yrs, 0% fee, 7.99% interest/yr, Min - RM 2k per application Bank Name : BSN » Click to show Spoiler - click again to hide... « http://www.mybsn.com.my/tab_pb_transferplan.html Balance transfer details Valid Until : 30/4/2013 (but BSN say so far always auto extend) Early Settlement Penalty : RM 100 : Plan A - 3 mths, 0% fee, 0.3% interest/mth, Min - RM 500 per bank : Plan B - 6 mths, 0% fee, 0.3% interest, Min - RM 1k per bank : Plan C - 9 mths, 0% fee, 0.3% interest/mth, Min - RM 1k per bank : Plan D - 12 mths, 0% fee, 0.3% interest/mth w/ 0% last 6 mths, Min - RM 1k per bank : Plan E - 24 mths, 0% fee, 0.375% interest/mth w/ 0% last 12 mths, Min - RM 1k per bank : Plan F - 36 mths, 0% fee, 0.375% interest/mth, Min - RM 2k per bank Bank Name : CIMB » Click to show Spoiler - click again to hide... « Not Available Bank Name : OCBC » Click to show Spoiler - click again to hide... « Balance transfer details Valid Until : NA Early Settlement Penalty : NA : Plan A - 6 mths, 2% fee, 0% interest, Min - RM 1k per bank : Plan B - 12 mths, 4% fee, 0% interest, Min - RM 1k per bank Bank Name : Standard Charted » Click to show Spoiler - click again to hide... « Link : http://www.standardchartered.com.my/person.../advantages/en/ Balance transfer details Valid Until : NA Early Settlement Penalty : NA : Plan A - 12 mths, 0% fee, 5.99% interest/yr, Min - RM 1k per transaction : Plan B - 18 mths, 0% fee, 5.99% interest/yr, Min - RM 1k per transaction : Plan C - 24 mths, 0% fee, 5.99% interest/yr, Min - RM 1k per transaction : Plan D - 36 mths, 0% fee, 5.99% interest/yr, Min - RM 1k per transaction Bank Name : MBF » Click to show Spoiler - click again to hide... « Link : http://www1.mbfcards.com/promotion-powerdelicpair.html Balance transfer details Valid Until : 31/12/2012 Early Settlement Penalty : Pls call bank to find out : Plan A - Total accumulative BT for 1st 3k (can be few months BT accumulation) - 0%, after 3k 5.99% 1 time fee per BT. Eg. 1st mth BT - RM 1k, 2nd mth BT - RM 2k, 3rd mth BT - RM 1k, 4th mth BT - RM 1k Fee charge 1) 1st mth - 0% 2) 2nd mth - 0% 3) 3rd mth - 5.99% 4) 4th mth - 5.99% Rule : Must spend RM 300 per month or else normal BT interest rate will be charged for each month not meeting the target Bank Name : Citibank » Click to show Spoiler - click again to hide... « Link : http://www.citibank.com.my/english/existin...installment.htm Balance transfer details Valid Until : NA Early Settlement Penalty : RM 0 : Plan A - 0% BT available but only for existing customer. Not disclosed on website or through phone. Call bank to find out : Plan B - 6 mths, 0% fee, 5.81% interest/yr, Min - RM 1k per bank : Plan C - 9 mths, 0% fee, 5.56% interest/yr, Min - RM 1k per bank : Plan D - 12 mths, 0% fee, 5.44% interest/yr, Min - RM 1k per bank : Plan E - 18 mths, 0% fee, 5.35% interest/yr, Min - RM 1k per bank : Plan F - 24 mths, 0% fee, 5.32% interest/yr, Min - RM 1k per bank : Plan G - 30 mths, 0% fee, 5.32% interest/yr, Min - RM 1k per bank : Plan H - 36 mths, 0% fee, 5.33% interest/yr, Min - RM 1k per bank Bank Name : UOB » Click to show Spoiler - click again to hide... « Link : http://www1.uob.com.my/personal/promotions...tion_index.html Balance transfer details Valid Until : NA Early Settlement Penalty : RM 100 per balance transfer : Plan A - 6 mths, 3.3% fee, 0% interest, Min - RM 1k per bank : Plan B - 12 mths, 6% fee, 0% interest, Min - RM 1k per bank : Plan C - 6 mths, 0% fee, 0.499% interest/mth, Min - RM 1k per bank : Plan D - 12 mths, 2% fee, 0.75% interest/mth, Min - RM 1k per bank : Plan E - 18 mths, 5% fee, 1% interest/mth, Min - RM 1k per bank Bank Name : Hong Leong » Click to show Spoiler - click again to hide... « Link : http://www.hlb.com.my/pfs/cc/ccbt.jsp?flag=ccbt Balance transfer details Valid Until : Not sure Early Settlement Penalty : RM 0 : Plan A - Up to you when you want to settle (no end date), 6.99% fee, 0% interest, Min - RM 1k per bank Note : There seems to be contradicting T&C stated in the official document vs what is being described by the bank CS. Pls make sure you do your homework before you commit yourself Valid Until : NA Early Settlement Penalty : RM 100 : Plan B - 3 mths, 0% fee, 0.4% interest/mth, Min - RM 1k per bank : Plan C - 6 mths, 0% fee, 0.5% interest/mth, Min - RM 1k per bank : Plan D - 9 mths, 0% fee, 0.75% interest/mth, Min - RM 1k per bank : Plan E - 12 mths, 0% fee, 1% interest/mth, Min - RM 1k per bank Bank Name : Affin » Click to show Spoiler - click again to hide... « Link : [url=http://www.affinbank.com.my/news/2013-abb-btip.htm[/url] Balance transfer details Valid Until : NA Early Settlement Penalty : RM 100 per balance transfer : Plan A - 6 mths, 2% fee, 0% interest, Min - RM 1k per bank : Plan B - 12 mths, 4% fee, 0% interest, Min - RM 1k per bank : Plan C - 18 mths, 5% fee, 0% interest, Min - RM 2k per bank : Plan D - 24 mths, 6% fee, 0% interest, Min - RM 2k per bank : Plan E - 36 mths, 7% fee, 0% interest, Min - RM 3k per bank Bank Name : Alliance Bank » Click to show Spoiler - click again to hide... « Link : http://www.alliancebank.com.my/ccard_balan...e.html#BTFLE6MP Balance transfer details Valid Until : NA Early Settlement Penalty : RM 0 (but the remaining interest you still have to pay) : Plan A - 6 mths, 0% fee, 5.04% interest/yr, Min - RM 2k per bank Valid Until : NA Early Settlement Penalty : 5% of BT application amount + the remaining interest you still have to pay : Plan B - 12 mths, 0% fee, 6% interest/yr, Min - RM 1k per bank : Plan C - 18 mths, 0% fee, 6% interest/yr, Min - RM 2k per bank : Plan D - 24 mths, 0% fee, 6% interest/yr, Min - RM 2k per bank Bank Name : Bank Islam » Click to show Spoiler - click again to hide... « Link : http://www.bankislam.com.my/Documents/BALA...ANSFER_FORM.pdf Balance transfer details Valid Until : NA Early Settlement Penalty : NA : Plan A - Min 12 mths, 0% fee, 1.5% interest / month, Min - RM 1k per bank This post has been edited by brotan: Sep 10 2014, 09:04 PM
Card PM	Report Top Like Quote Reply

TSbrotan	Mar 22 2012, 09:45 PM Return to original view \| Post #2
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(Gen-X @ Mar 22 2012, 08:54 PM) Do we need another BT Thread since all of us post and discuss the latest BT plans here. TS, if you really serious starting a new thread for Balance Transfer Plans, at the very least you should do the ground work and post all the current Balance Transfer Plans instead of asking us (most probably posted already in the current BT thread). And most of us here are only interested in 0% Balance Transfer Bro, I did found that thread before but it is difficult to know at a glance what is the current offering by banks. Have to scroll through each post to find out and that is troublesome Thats why I want to create a thread that consolidate the existing offer on 1st page This way easier for people to compare right?
Card PM	Report Top Like Quote Reply

TSbrotan	Mar 22 2012, 10:22 PM Return to original view \| Post #3
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	Ok lah bro. Since although I am sincerely trying to give (in my opinion) a value service to lyn but nobody appreciate it, I will close the thread by tomorrow unless someone else told me before I close that they think this effort is valuable and would like me to go on
Card PM	Report Top Like Quote Reply

TSbrotan	Mar 23 2012, 10:29 AM Return to original view \| Post #4
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	Thanks for your trust in my effort. will do my best to give a good service here Will update something today
Card PM	Report Top Like Quote Reply

TSbrotan	Mar 23 2012, 01:00 PM Return to original view \| Post #5
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(Gen-X @ Mar 23 2012, 10:42 AM) I think the statement above applies to all BT plans that do not create a new separate account and not based on fixed installment with upfront interest. Have to be extra careful when signing up for BT plans with foreign banks. e.g. UOB and OCBC where 2 other members reported they were charge interest for new transactions, as mentioned in the previous thread. However, I think it is a waste of time signing up for a card and then don't get to use the card if we do a BT. For example in HSBC case, if we don't swipe 12 times, annual fee will be imposed and we got to call for waiver. Not only that, if one sign up for a card purely for BT, there is a RM50 GST to take into consideration too; and if got early settlement condition, may have to pay again. And HSBC cards do have discounts at merchants, so I guess if we want the discount, have to treat our HSBC credit card like a debit card - swipe then fast fast go ATM and pay it up OR deposit money into account first(?). Looking forward to you updating 1st post bro, updated a few items. also change the format a bit do let me know what you think of the format
Card PM	Report Top Like Quote Reply

TSbrotan	Mar 23 2012, 02:26 PM Return to original view \| Post #6
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(pisang @ Mar 23 2012, 02:17 PM) would be good if more details such as: payment hierachy, create new BT account... to be included. sorry, don't understand what you mean by that. did you open the spoiler? quite a lot of detail info there
Card PM	Report Top Like Quote Reply

TSbrotan	Mar 23 2012, 03:00 PM Return to original view \| Post #7
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(boonykun @ Mar 23 2012, 02:42 PM) ah.. at last a proper "0% BT".. or not all is 0% thread has been created... i was wondering why did the previous BT thread that has totally no information on the first post still exists and everyone else have problems on this thread~ nevertheless, kudos for the new thread... back to first post... Your am-bank list have problems... the spoilers Same goes to your AEON spoilers also. Do check ~ it has links to pbb and AEON/AM-bank too~ thx bro for your recommendation and correction was copying the format from pbb but too many codes until my eyes a bit haha
Card PM	Report Top Like Quote Reply

TSbrotan	Mar 23 2012, 11:17 PM Return to original view \| Post #8
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	updated 1st post added bsn & al rajhi bank added 0% bank transfer offering entries
Card PM	Report Top Like Quote Reply

TSbrotan	Mar 29 2012, 10:48 AM Return to original view \| Post #9
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(wanttobuylaptop @ Mar 29 2012, 10:42 AM) balance on AMEX can be transfer also? bank will recognize the number as AMEX? for my case, i balance transfer my mbb amex to pbb. ok. np
Card PM	Report Top Like Quote Reply

TSbrotan	Mar 29 2012, 11:19 AM Return to original view \| Post #10
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(gerrardling @ Mar 29 2012, 10:54 AM) TS, add in MBF balance transfer also ok. will check it out later
Card PM	Report Top Like Quote Reply

TSbrotan	Mar 29 2012, 12:01 PM Return to original view \| Post #11
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	bros, updated MBF card but their BT plan very weird lah... anyway, i tried my best to describe it
Card PM	Report Top Like Quote Reply

TSbrotan	Mar 29 2012, 12:51 PM Return to original view \| Post #12
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(wanttobuylaptop @ Mar 29 2012, 12:28 PM) citibank no BT plan? Will check and update later
Card PM	Report Top Like Quote Reply

TSbrotan	Mar 29 2012, 03:48 PM Return to original view \| Post #13
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(Gen-X @ Mar 29 2012, 03:44 PM) Bro, fantastic job so far, even got CIMB - NA Next month you got to update again i just try my best btw, i wish other LYN members can help me out by providing the actual latest BT plan. at least i don't have to call the banks all the time hopefully everyone can chip in to bring this thread up to date btw, did you notice i add a new spoiler which is the <3% rate per year BT? so even no 0%, 3% would be good enuf. at least beat your flexi home loan rate This post has been edited by brotan: Mar 29 2012, 03:51 PM
Card PM	Report Top Like Quote Reply

TSbrotan	Mar 29 2012, 04:35 PM Return to original view \| Post #14
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	hi all, Citibank updated. pls check
Card PM	Report Top Like Quote Reply

TSbrotan	Mar 29 2012, 05:01 PM Return to original view \| Post #15
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	Added OCBC, UOB pls check it out
Card PM	Report Top Like Quote Reply

TSbrotan	Mar 29 2012, 11:23 PM Return to original view \| Post #16
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(chemistry @ Mar 29 2012, 11:08 PM) Good job, Keep it up TS bro, but don't be "3 minutes of heat " LOL... i won't if i am encouraged i feel i create value for LYN
Card PM	Report Top Like Quote Reply

TSbrotan	Apr 1 2012, 04:08 PM Return to original view \| Post #17
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(asamalikum @ Apr 1 2012, 12:33 PM) nice stuff ts. keep up the good work. tx bro for the encouragement anyway, just updated something 1) added hong leong and affin bank 2) updated new items for <3% per year BT Enjoy
Card PM	Report Top Like Quote Reply

TSbrotan	Apr 1 2012, 04:42 PM Return to original view \| Post #18
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	Added Alliance Bank
Card PM	Report Top Like Quote Reply

TSbrotan	Apr 1 2012, 05:19 PM Return to original view \| Post #19
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(roy918 @ Apr 1 2012, 05:15 PM) Brotan, where is the link for Alliance 2% pa interest for 24 months BT? I remember the deadline is 31st March but seems they have remove the plan much earlier. And FYI, SCB 1.99% pa interest for 12 months BT is for new to bank customer. i called them for that. it is not in their site for scb new customer offer, when is the promo end date? any penalty for early settlement? min amount? This post has been edited by brotan: Apr 1 2012, 05:20 PM
Card PM	Report Top Like Quote Reply

TSbrotan	Apr 2 2012, 05:24 PM Return to original view \| Post #20
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	hi all new updates Pbb BT extended till 30th Jun. No difference to current offering
Card PM	Report Top Like Quote Reply

« Next Oldest · Credit Cards, Debit Cards, Prepaid Cards and Loyalty Cards · Next Newest »

19 Pages 1 2 3 > » Top

Topic ClosedOptions

Change to:

0.0606sec

0.32

7 queries

GZIP Disabled
Time is now: 6th December 2025 - 10:59 PM

All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)

Removal Request

Powered by Invision Power Board © 2025 IPS, Inc.