yeah, in the olden days when aeon also offer points for bt at rm1=1point lagi syok. also when mbb also offer 0% bt. so can play bt from aeon to mbb to pbb to etc2 and back to aeon. delay your payment to the max. lol...

i scared get poisoned only..luckily PBB set the min amount limit of 6K

i miss da boat

me already poisoned for good till keep receiving calls offering personal loans, CCRIS letter etc.
too heavy on debts fr pb,aeon,citi PMVS,uob,mbf ,
pbb da best, mbf second, regularly got offer. MBB 3rd as channel to siphon out.

citi PM Amex saw i dont swipe card, only play BT , want to force Annual Fee on me, i potong, payBT bal,no penalty.
uob good, dont use card only BT also waived.

mbf is under ambank already?

thinking of going apply later

They din know u are HNWI ma, otherwise they would have begged u to stay.

Yeah PBB is good. Need to request CL increase d.
UOB got 0% BT? Can share link?

i think is adhoc promotion, CS (Raymond Cheng)called me.

1% upfront interest, still worth it, becos need pay only min 5% every month.
eg 100k, 1st install only RM5050, next install RM4798 ....

if normal BT, every month pay back RM8333.33 x 12months.

Would like to ask about Aeon BT. I recently got it and soon the first month statement is due.
Do I just pay the minimum payment or do I have to pay the full monthly installment in order to avoid any interest charges?

Previously when I took a BT from a bank overseas, I just need to pay minimum payment, no interest on the remaining sum until the 0% period is over.

For Aeon BT T&C:
5.For each balance transfer under the Programme, the monthly installment is calculated as the total sum of the amount
transferred plus interest on the amount so transferred divided by the number of months in the installment period. Interest rate
is fixed at 0% p.a. for 6 months installment periods. The monthly installment shall form part of the Cardmember’s specified
minimum payment as defined in the AEON Credit Card Agreement.
6. Cardmember has to make a minimum payment of 5% of the monthly installment due to the balance transfer account(s). In
the event the Cardmember pays an amount less than the monthly installment amount due or fails to pay the minimum
monthly installment amount of 5% of the monthly installment due on the payment due date as specified in the statement for
payment or if the payment is not received by the AEON Credit in full or before payment due date as specified in the aforesaid
statement, then the prevailing finance charge (Tiered Interest Rate Structure) shall be levied on the outstanding balance of
the monthly installment amount from the due date until the date of full settlement.

A bit confusing. It first says that the BT amount will be divided into equal 6 months installments. And this monthly installment shall form part of the minimum payment. The it goes on to say the minimum payment is 5%. So which is it? A. Monthly installment plus 5% or B. just the 5%.

This post has been edited by anwa: Jan 14 2016, 11:35 AM

Pay full on your statement balance or else you will be charged with interest.

may I know which oversea bank offer pay minimum with 0% interest?
and when is the 0% period will end?

thanks

This was when I was in Australia. Got BT from a few banks, citibank, hsbc, anz. All just need to pay the minimum. But some of these banks, when have BT, you don't get interest free period anymore. Any charges to the card will attract interest immediately. Also need to keep track when the 6 or 12 months 0% is due otherwise you forget to pay the remaining balance of the BT then kena kaw kaw high interest.

last month I have done the 5K BT to public bank.

and if my credit limit is 18k, and the currently my BT still have 5000.00, so my available limit is 13,000.00.
so if the BT max is 80% of my credit limit, is it mean I only can do max BT up to 14.4k only?

if now I would like to do BT 12k in this month again, so I need to deposit at least rm2.6k into my credit card correct?

thanks!!!

This post has been edited by wan7075: Jan 14 2016, 08:55 PM

PBB is getting faster in approving BT. I submit in the morning, and on the same night can see the total card balance already included the BT amount. Then the next morning the first installment is posted in unbilled transaction. No call, no sms.

This post has been edited by tbheng: Jan 15 2016, 06:42 PM

yup, your max is rm14.4k combining all your bt together. but i don't think bank-in rm2.6k to your cc would help. it will just enlarge your 20% (total available amount to swipe) but not the 80% (total available amount for bt) supposed.

oh thanks... salary low so credit limit also low

2.6b rupiah i also don't have

Would Pbb approve request for Increase credit limit for the sake of us doing BT ? Anyone tried?

i would rather try till left rm100 then request for the credit limit increase?

bank will normally remind that temp credit increase is for urgent usage like hospital, retail, ..and not for Balance Transfer purpose, they might reject ur temp credit increase if they found out u use for BT

i doubt processing officer will approve for BT if they know it's just for temporarily increase CL