28th of the month.

Thanks bro. Going to get affin card soon..

1st, since you can owe citibank 52k, I assume u must be in high income salary range. Even your income doc might be strong, but your outstanding debt might scare away some bank which they do not want to issue you with high credit limit CC.

If you want to get away from debt, must be discipline. Try limit your expenses now.

Apply MBB, PBB, AEON, AFFIN bank CC.
The worst case would be each bank only give u 10k credit limit or even less.
But at least you got 34k now, MBB AFFIN (90%) and PBB AEON (80%) which convert to MBB (750) AFFIN (833.33), PBB & AEON (1333.33). Totally repayment per month would be 2916.66 and at the same time you still owe CITIBANK RM18k.

I am assume if you only want 0% balance transfer program, it will not working good.
In order to totally cover all your citibank debt right now without any more interest incuring,
all the 4 bank together must give u 15k credit limit or plus/minus between bank. And repayment would be around 7375 which is way too imposible for you.

CL BT Repayment
Mbb 15000 13500 1125 (12 months)
Affin 15000 13500 2250 (6 months)
Aeon 15000 12000 2000 (6 months)
PBB 15000 12000 2000 (6 months)
51000 7375

Given that you only available to fork out 2.4k a month, I would actually recommend you
1) borrow money from family cover all debt
2) personal loan (https://www.imoney.my/personal-loan) 50k PL repayment 2.4k monthly for 2 years. (most easy way)
3) personal loan + BT (the smart way.. haha)

Oopss.. sorry.. I thought MBB statement is the same for everyone. 28 of every month.
adele123 is right. based on statement date.

BT for discipline people = free cash atm
BT for non-discipline people = black hole > more debt > bankruptcy...

if u do not keep track on ur financial standings, better don't BT.
Less than 5 BT still manageable, if have plenty of BT, u need to calculate properly how much u owe for each back, if not u will overspend ur future money and lead to financial crisis.
hahaha~~

If they overpay u, u just cash out the money and transfer back to Aeon, call them to inform them u want to do early settlement.. No penalty.
In fact, for each BT, u earn Aeon Points which is pretty good

No worries. Maybank 100% can refund you the overpayment back to CASA.

I was thinking maybe I can do early settlement once hit max credit limit, reset back to 0, then BT again, den reset.. the cycle goes on.. It will be good, since got free aeon points I assume?
But, I'm getting lazy to submit BT form.. plus PBB MBB 0% BT ending soon.. seems like not worth the hassle.. LOL

Sorry, I'm confused on your 1st BT.
Even I BT to a dummy CC (0 debt inside), I still have to make monthly repayment based on the Balance Transfer Amount right? If 3k for 6 month, means 500 per month.
If I only pay the MIN amount (lets say RM50), the remaining 450 balance will be charged financial interest right?
If I not mistaken, for all BT, I need to pay the assigned monthly repayment.

Thanks for clarification. I remember I read some place on GenXGenYGenZ about this, but not sure how it works.
Since my only BT from MBB, PBB and Aeon, All of them require full monthly installment repayment.

Most of the time (based on my past experience), they will transfer back the excess payment after deducted with current outstanding amount.
Not sure whether they can actually did that (transfer full amount), because this is not what overpayment meant.

seems a lot of people getting full refund. good news too
I thought above 10k withdrawal, we need to provide proof of payment?
So, I always withdraw amount less than 10k to prevent hassle..

haha.. mine is the same case too.. > 90% of CL approved. Mbb BT simply the best..

Based on my understanding and experience, the max available BT is always based on YOUR Credit Limit, not available credit balance.

If CL = 12k, your max amount for BT is always 80% of 12k which is 9.6k.
If you have spend 5k previously, your new BT balance would be 4.6k (9.6k - 5k).

Nevertheless, nowadays seems that banks did not follow that exactly. Even TnC mention max 80% of CL for BT, i still available to get more than 80%.

My experiences are same with victorywp.
I'm also curious which banks are not.
Even PBB is working that way.
Anyway, nothing much to argue about BT amount UNTIL you request it urself then you will see it.
Just BT whatever amount you like, approve or not leave it to bank. Why must bother yourself to calculate?

http://www.maybank2u.com.my/mbb_info/m2u/p.../PRO-Promotions

1, yes. it will be waived. Make sure you submit the application using this form. http://www.maybank2u.com.my/WebBank/BT090914_AppForm.pdf

2. http://www.maybank2u.com.my/WebBank/BT090914_faq.pdf

Is there any early settlement fee charged if I perform early settlement within the payment period?
No early settlement fee will be charge.
All outstanding monthly instalments together with the interest/management fee shall
become immediately due and payable.

I'm not sure whether you can submit BT application together with CC application.
MBB2Card still having booth in 1 utama? last time i went, they are quite aggressive. haha..

hahaha..

Haha.. I also remember she said that before.. ed addicted la...

Can you please further elaborate what trouble might get?

I see.. I will be more cautious since I always overpay my cc and withdraw it... Haha...