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Credit Cards Balance Transfer (BT) Plans V3 - Banks Offer List

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alexwsk
post Sep 20 2014, 08:22 PM

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reporting in, my BT from Aeon to MBB approved too (rounded up to the nearest 100)

Fax to MBB: 13 Sep 14
One time charge in MBB: 17 Sep 14 (Posted 18 Sep)
Credit into Aeon: 18 Sep 14 (Posted 19 Sep)

This post has been edited by alexwsk: Sep 20 2014, 08:27 PM
alexwsk
post Sep 23 2014, 09:20 AM

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QUOTE(alexwsk @ Sep 20 2014, 08:22 PM)
reporting in, my BT from Aeon to MBB approved too (rounded up to the nearest 100)

Fax to MBB: 13 Sep 14
One time charge in MBB: 17 Sep 14 (Posted 18 Sep)
Credit into Aeon: 18 Sep 14 (Posted 19 Sep)
*
Reversed in MBB: 22 sep 14 (last payment date but not yet posted)
only 3 working days thumbup.gif
alexwsk
post Oct 1 2014, 11:08 AM

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QUOTE(victorywp @ Sep 30 2014, 01:29 PM)
but at least yours has someone called for verification...  hmm.gif
*
so BT to aeon will be rejected if no call?
i submitted via email yest, now waiting for the call

UPDATED: 11:15am
They read this thread too, just gave me a call laugh.gif
hopefully approve, as the account currently overpaid due to BT from MBB sweat.gif

UPDATED: 4:56pm
received approval sms

This post has been edited by alexwsk: Oct 1 2014, 05:30 PM
alexwsk
post Oct 1 2014, 11:31 PM

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QUOTE(victorywp @ Oct 1 2014, 11:42 AM)
lol, even they read your post also can't confirm is you la. biggrin.gif
*
i know la, just kidding laugh.gif
btw, very efficient, now online banking can see two installments for my first BT (to the pair of M2 cards) oledi, dated today sweat.gif
alexwsk
post Oct 9 2014, 04:35 PM

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my aeon bt approved on 1 oct but till now still no $ into my mbb, really slow eh
alexwsk
post Oct 10 2014, 02:18 PM

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MBB to Aeon
30/09 - emailed application
01/10 - phone verification
01/10 - installment #1 shown in online banking
10/10 - funds updated in M2U (by cheque, serious??? sweat.gif )
alexwsk
post Oct 15 2014, 02:23 PM

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QUOTE(lamode @ Oct 15 2014, 12:44 AM)
03 SEP - Emailed BT form and M2C AMEX statement to AEON
07 SEP - Receveid verification call + approval SMS + appeared in online banking
15 SEP - Still nothing in M2U, hopefully it will clear today or tomorrow.
*
SEP???

my previous exp:
MBB to Aeon
30/09 - emailed application
01/10 - phone verification
01/10 - installment #1 shown in online banking
10/10 - funds updated in M2U (by cheque, serious??? sweat.gif )

This post has been edited by alexwsk: Oct 15 2014, 02:24 PM
alexwsk
post Oct 18 2014, 10:36 AM

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2nd BT from Aeon to MBB approved too (rounded up to the nearest 10 this time)

Emailed to MBB: 14 Oct 14
Confirmation email from MBB: 14 Oct 14
One time charge in MBB: 15 Oct 14 (Posted 16 Oct)
Fees Reversal in MBB: 16 Oct 14 (Posted 16 Oct)
Credit into Aeon: 16 Oct 14 (Posted 17 Oct)

MBB is getting faster in completing the whole process
alexwsk
post Oct 28 2014, 07:24 PM

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QUOTE(victorywp @ Oct 28 2014, 05:00 PM)
yeah, luckily you checked. by the way, is it mbb send cheques to aeon or by transfer?
*
ibg from mbb to aeon
i was asked this question (last payment method) when applying bt from mbb to aeon
alexwsk
post Nov 1 2014, 10:54 PM

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Playing catch up to u guys here,

2nd BT (MBB to Aeon)
30/10 - emailed application
31/10 - phone verification
01/11 - installments shown in online banking
XX/11 - funds updated in M2U
alexwsk
post Nov 11 2014, 10:35 AM

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QUOTE(alexwsk @ Nov 1 2014, 10:54 PM)
Playing catch up to u guys here,

2nd BT (MBB to Aeon)
30/10 - emailed application
31/10 - phone verification
01/11 - installments shown in online banking

*
07/11 - funds updated in M2U

seems like aeon is faster now
alexwsk
post Nov 17 2014, 10:07 PM

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QUOTE(David83 @ Nov 17 2014, 09:54 PM)
Sorry to ask stupid question.

With 0% interest and no processing fee, how or what does bank earn from BT?

Like AEON, they even offer points for BT.

Just wondering ...
*
the more ppl bt, finally SOME will not be able to manage at the end
then banks can charge interest dy
alexwsk
post Nov 30 2014, 09:41 PM

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QUOTE(codeiki @ Nov 30 2014, 09:04 AM)
Hi. You can refer to this link for the information and form to download. http://creditbureau.bnm.gov.my/reportobtain.html

for my case, my wife house at melaka and I'm working in KL (last time working in melaka). So I can request the CCRIS online. If you stay in certain state where they have the BNM branch, you have to go to the branch personally to get the report according to the link above. (Melaka don't have any branch, so they have to reply me via email)
BNM branch available in KL, Pulau Pinang, Johor Bahru, Kuala Terengganu, Kota Kinabalu and Kuching. Other than this, all can apply online.

Method I used,
1. download the request form Form
2. send via email to bnmtelelink@bnm.gov.my
3. email attached with IC photocopy, 2 bills/CC/bank statement with your name and address and the request form.
4. they will manual reply you within a day for processing.
5. received encrypted report within a week
6. call them to get the password to decrypt the report.
7. reply them with CCRIS Akuan penerimaan
8. If needed, reapply every 3 months to review.

Note:
- Because most my CC bill with melaka address (most are eStatement anyway). So I still using melaka address.
- It's free of charge.
- For loan declaration form, it actually in the same request form under different section. Request form has 3 section - application, loan declaration and dispute. I didn't really fill up the loan declaration.
*
anyone can request online
my address is in Subang Jaya, Selangor and I requested for my CCRIS online last yr
alexwsk
post Dec 10 2014, 03:16 PM

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QUOTE(sendohz @ Dec 10 2014, 12:19 PM)
27 Nov - emailed BT form and MBB statement to Aeon @
30 Nov - no reponse, therefore email and called CS to verify
1 DEC - received call from CS for rounding up the BT value
2 DEC - SMS received stating BT approved
3 DEC - Aeon installment plan reflected in Aeon online website
9 DEC - Aeon payment to MBB reflected in M2u.

FYI
I called CS on 8th Dec to ask on why payment not through yet and CS look through the system and gave me the cheque number along with the consignment number used to courier the cheque to MBB.
Info given is that the cheque was delivered on 4th Dec. (take 4-5 days)
*
aeon couriered cheque to mbb???
why not just use ibg then rclxub.gif

btw, i always tot they bank in the cheque at the cdm laugh.gif

This post has been edited by alexwsk: Dec 10 2014, 03:20 PM
alexwsk
post Dec 10 2014, 09:51 PM

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QUOTE(victorywp @ Dec 10 2014, 05:59 PM)
mbb also send cheque to aeon. few months ago aeon called me that they received cheque from mbb. lol...
*
my aeon online banking is showing
19/11/2014 20/11/2014 PAYMENT - TRANSFER

so i tot mbb ibg to aeon. i remembered aeon cs once asked me how do i make last payment, i answered ibg from mbb tongue.gif
alexwsk
post Dec 29 2014, 12:08 PM

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wow, my latest BT installment already included in MBB latest statement balance
but the one time charge and reversal still no where to be seen yet, also it just exceeded 90% of my total CL (total outstanding now 90.8%)

This post has been edited by alexwsk: Dec 29 2014, 12:14 PM
alexwsk
post Dec 31 2014, 01:36 PM

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QUOTE(MiKE7LIM @ Dec 31 2014, 01:24 PM)
Hi, seem most the comment and I guess the 0% BT is applicable for 12months but not 6months ?
For Aeon an MBB
*
don't guess, read 1st post
alexwsk
post Jan 8 2015, 11:59 AM

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QUOTE(sms2u @ Jan 8 2015, 10:28 AM)
Pls tell which bank using this method to avoid confusion. I do not think any bank ignore the outstanding balance when calculate amount can do balance transfer. BOTH CREDIT LIMIT AND AVAILABLE BALANCE WILL BE USED>
If already swipe 2400 already before do BT, we still can apply balance transfer RM9600 to the card if credit limit is RM12000?
I do not think calculate this way.

You can only apply request to apply balance transfer for around RM7680.
Anyway, this method may be correct for some bank and not all bank.

What happen if I swipe 10,000 before do BT? Can I still do balance transfer up to RM9600?
Totally no make sense cos credit limit is Rm12000.  If swipe RM10000 and balance transfer RM9600, total will be 19600 which exceed limit.
*
RM12k x 80% = 9.6k
you can always BT up to RM9.6k PROVIDED that RM9.6k CL is still available, get it?
if u swipe 10k b4 BT, u can do a BT up to 2k

and yes, if u oledi spent RM2.4k and bt another RM9.6k, ur total outstanding is now RM12k - the bank grants you 12k CL, u shud be able to fully utilise it (that's the risk they are willing to take on u, else they wud grant u a lower CL)
alexwsk
post Jan 11 2015, 09:47 PM

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QUOTE(LoveMeNot @ Jan 11 2015, 09:42 PM)
Hi all,

Just want to ask, I have the following cc at the moment:

-HLB
-Maybank
-HSBC
-UOB

Which of the following offers 0% BT now? I do know MBB do. What about the other three?
*
read la 1st post ...
alexwsk
post Jan 11 2015, 09:48 PM

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QUOTE(celaw @ Jan 11 2015, 09:13 PM)
Hi, anyone know from AEON BT to which bank would not be deducted RM1 when AEON received payment?

Thanks.
*
i did not see anyone reporting aeon deduct RM1 for any BT so far
my aeon bt to mbb gets the exact amount

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