new applicant for BT of 1.99% for 1/2 year if not mistaken

Junlone,

Previously it offer at 0% interest free for 6 months but however start on August 2013, it already given 1.99% whether for 6 month or 12 months for new customer to standard chartered bank within 50% of your existing credit limit assign. Except there are promotion from sales team call to you specifically offer to you with different rates. Currently, only visa translucent with RM8 monthly fee wil only be offer for 0% whether 6 or 12 month installment plan up to 50% of your total credit limit.

Info,
http://www.standardchartered.com.my/credit...ranslucent.html

Junlone,

It only up to 90% of your total credit limit, if it is 100% then it will be impossible to be transfer because you will not be able to utilize the credit card, since it need at least few amount to be left. The interest given will be 1.99% for 6 or 12 months except Visa Translucent within 50% of your available credit limit. the next segment for 50% will be given at interest 3.99% or 5.99% if only you exceed 50% of your available limit with maximum tenure 12 months for new customer.

Junlone,

A new customer to bank will enjoy 1.99% within first 5 month since approval within first 50% limit. It should be rejected because there should be remaining limit or you will not able to use your card if choose for 100%. just saw your attachment, to be reconfirm the rates, please call customer service to resolve and get the information.

Junlone,

Basically, it a mind trick. visa translucent card offer 0% up to 12 month installment plan but monthly fee RM8 that need to be paid. while other card waived annual fee for 1st year but offer 1.99% up to 12 month installment plan. If you take RM5k balance transfer for visa translucent, you paid 0% for the interest if you paid according to the statement but paid monthly fee which total RM96. while other card with 1st year annual fee, RM5 balance transfer with 1.99% will charge you RM99.50 interest. the only different is you can save your money for interest if amount to be transfer is a huge number.

Junlone,

Any cards from standard chartered bank do not charge any penalty fee for cancellation. You may try for visa translucent, card cancellation can only be done if it is not yet activated, zero outstanding amount, no block and do not have any existing PLC account tagged or tenure remaining. Just like wordmiles card, it can be cancel if it is not activated but still subject to bank approval for new card termination, usually need to hold at least 6 month period.

Junlone,

If your card still not yet activate, the chance is greater. Worldmiles card that not yet activate can do termination by calling standard chartered bank.