16-May, 08:41AM : Email the BT application form to cc_cad@aeonmalaysia.com.my
16-May, 10:55AM : Verification call from AEON
16-May, 01:57PM : BT Approval SMS received

AEON's BT approval is getting fast... only if they quicken their payment to the other banks.

payment to other banks are by cheques and couriered

Been making full payments every month to every cc in the past 10++ years...
Have the same mindset that BT is not something I want to get into...
Only lately found out that even for card users like me can be benefited from using BT. Cool..

Wow, they called just in 2 hr time! Amazing.
Then must be the email id u used is better than the one I used : customer.service@...
I emailed on 13 May night, and only got call on 15 May noon. And I ain't get any sms yet.

I guess when u check online tomorrow, you will see the monthly installment posted as today's date.
Yours is the fastest so far reported here..

0% interest BT might be awesome so you can earn some interest but you'll have problem when you want to apply for loans because in your CCRIS, you will be shown owing the total amount of BT you did. Rule of thumb is for every 10K owed, your borrowing capability reduced by RM 100,000. I just kena and I need to furnish my FD slip to them which is 5X my BT amount to get the loan approved.

thanks for the info...

You mean u borrow 10k, CCRIS less 100k even paid the BT finish faster or on time?

I took all flexible, all I finish pay to their minimum requirement to save the interest and roll the money some where else...

Of cos i took into account efective interest rate

I got BT rate 2.99 per annum, I invest and get return 8% flat per annum, so to increase profit, i target pay faster untill minimum amount until expire....

Any sifu can advice, is this a good strategy?

The invest is for 8yrs so I assume 1st yr i got lower profit and 2nd yr onwards I get my 8% profit lo.....

Maybe off topic here....

Hi Ronnie, which BT form do you use? Do you still use the same BT form on the AEON website?

No, BT 10K means in CCRIS it shows you still owe the bank 10K. And when you apply for loan, they will look at your CCRIS and you still have 10K outstanding on your CC and this will reduce your borrowing ability by probably around 100K. But if you paid off your BT and once the CCRIS is updated, then yeah, you are back to normal.

This post has been edited by tifosi: May 16 2014, 05:15 PM

Interesting. Why would it reduce ability to take loan of rm100k with rm10k Bt? Wouldn't bank assess your total monthly commitment and ensure it doesn't exceed a certain percentage of your net income?

called CS at wed, the person answer saying I am eligible for that 1000 point. but dunno why he said need to confirm with marketing department and will give me update by friday.
but no news until now

Btw, aeon e statement is send by attached the pdf file in the email or it just send an email notify you the e-statement is ready to download at aeon site?

email attachment. you will receive SMS telling you that you can download it from the portal too.

Thanks.

Is it better to early settle in this case?

Reason I am asking is I am planning to take up the Bt promotion to earn points but I always pay in full every mth.

Btw, the aeon 0% Bt promotion any penalty if early settle?

i don't see any need for that unless u plan to apply for loan.

Yes. On a lookout for property now too. So forseeing to apply loan in near future.

Hence asking what will be the possible solution. Understand from earlier posts putting in fd is one solution but do not intend to tie money in low interest fd.

Is settling early possible? If yes any penalty?

can check the unbilled statement online?

homework time for u.

the term and condition is on AEON website.

Yes you may

How to check?

Their CS say they don't have any online system to check unbilled statement.