if you plan not to use any cc anymore, then just pay off your cc debt in cash.
if you do balance transfer, you are just transferring your debt from bank a to bank b.
meaning that you will still be using a cc (just that the cc is now from bank b rather than bank a).

if you are short of cash to clear off the debt, you may apply for cc installment plan from the same bank. something like this: https://www.hsbc.com.my/1/PA_ES_Content_Mgm...rds/fpp_tnc.pdf

the benefit of balance transfer is:
- let's say you have a debt of rm1.2k with bank a.
- if you don't settle the debt within 20 days of interest-free period, then they will start charging you with interest usually 1.5% monthly (9% half-yearly; 18% annually).
- if you transfer the debt to another cc (bank b), then maybe you get 0% interest free for 6 months installment from bank b.
- so you just need to pay rm200 monthly (in 6 months time) to bank b instead of one-shot rm1.2k (in 20 days time) to bank a.

yes, normally they have this practice.

first, you need to know what is your cc interest rate. commonly it's 18% pa. but different cc banks have different interest rates in which usually lower than 18%.
if you know the interest rate, then you may calculate yourself here: http://www.citibank.com.my/english/docs/us...-calculator.htm

yes, cimbclicks is able to pay ocbc bill. use interbank giro (ibg) charge is rm0.10 per transaction.

if you have a monthly saving of around rm4k and yet without payslip and epf, how do you pay your tax?

it's actually can be said safe. but i don't trust the staff(s) who handle the form. it's better just book yourself from agoda.

so it just depends on you whether to take the risk and trust the staff.

yes, usually it can be trusted. but it still depends on the staff who will be handling your form.

most probably rejected because don't have 3 months payslips. perhaps you need to wait til you have 3 months payslips before attempting to apply again.

2% or 1.2%?

yeah, just to highlight that to him.

what tax? your employees taxes?

credit card of course.

aeon watami 3%.
or mbb2amex 5% (for tokio marine insurance).

voucher for free dessert at watami and occasionally additional rm10 aeon cash voucher or a cute plush toy.

This post has been edited by victorywp: May 3 2014, 04:58 PM

at the moment no...

are you not going to pay anymore or going to pay just the minimum amount?

they will block your card and chase the money from you. when you are unable to pay, you will be blacklisted and unable to apply any loan with any banks anymore.

depends on the amount of money you owe them.