Balance Transfer (BT) Plans V3 - Banks Offer List

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

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TSbrotan	Sep 20 2014, 02:05 PM, updated 10y ago Return to original view \| Post #1
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	Click Here For V2 FAQ On BT Topics In the spoiler are some of the most commonly asked questions in the thread. So I have compiled them here for easier reference as not to repeat the same question all over » Click to show Spoiler - click again to hide... « Q : Is it possible to BT within the same bank? Eg BT from Bank A to Bank A A : NO, it is not possible. You can only BT between cc of 2 different banks. Eg BT from Bank A to Bank B Q : Is it possible for Mr. A cc to BT to Mr. B cc ? That means BT between 2 different card holder A : NO, it is not possible. You can only BT between 2 cards with same card holder name Q : What is the maximum amount that I can BT? A : Each bank has different policy but general consensus is 80% of your available balance credit. Eg if your credit limit is RM 20k and you still owe the bank RM 15k, then you can maximum BT RM 4k. However, always consult your bank for the actual amount ######### Listed below are banks current offering of Balance Transfer (BT) program As I do this on a non regular basis, so if there is any update on the balance transfer offering or mistake in my post, pls let me know by PM so that I can update / correct it Disclaimer : I am not responsible for any financial issues arise from using the information provided. As I cannot list down all the T & C impose by banks, pls make sure you double check with the banks on the BT topics before you make any of your decision Thanks ######### Banks Currently Offering 0% Balance Transfer » Click to show Spoiler - click again to hide... « 1) Public Bank : 6 mths, Min - 6k per bank, Valid Until : 30/6/2014 (extended until further notice) 2) Aeon Credit Service : 6 mths, Min - 1k per application, Valid Until : NA Banks Currently Offering <= 3%/yr Balance Transfer » Click to show Spoiler - click again to hide... « 1) Public Bank : 1 yr, one time 2.5% fee, Min - 1k per bank, Valid Until : 30/6/2012 (extended until further notice) 2) Public Bank : 2 yr, one time 5% fee, Min - 3k per bank, Valid Until : 30/6/2012 (extended until further notice) 3) Affin - 36 mths, 7% fee, 0% interest / yr, Min - RM 3k per bank. Valid until : NA 4) BSN : 12 mths, 0% fee, 0.3% interest/mth w/ 0% last 6 mths, Min - RM 1k per bank, Valid Until : 30/4/2013 (but BSN say so far always auto extend) 5) BSN : 24 mths, 0% fee, 0.375% interest/mth w/ 0% last 12 mths, Min - RM 1k per bank, Valid Until : 30/4/2013 (but BSN say so far always auto extend) 6) Hong Leong : Up to you when you want to settle (no end date), 6.99% one time fee, 0% interest, Min - RM 1k per bank, Valid Until : Not sure 7) Alliance : 24 mths, 0% fee, 2% interest/yr, Min - RM 2k per bank, Valid Until : 31/5/2012 8) Affin - 24 mths, 6% fee, 0% interest / yr, Min - RM 2k per bank. Valid until : NA General Balance Transfer Offering Bank Name : Public Bank » Click to show Spoiler - click again to hide... « Link : http://www.pbebank.com/en/en_content/personal/cards/bt.html Email : custsvc@publicbank.com.my Balance transfer details Valid Until : 30/6/2012 (extended until further notice) Early Settlement Penalty : RM 100 per balance transfer : Plan A - 6 mths, 0% fee, 0% interest, Min - RM 6k per bank : Plan B - 12 mths, 2.5% fee, 0% interest, Min - RM 1k per bank : Plan C - 24 mths, 5% fee, 0% interest, Min - RM 3k per bank : Plan D - 6 mths, 1% fee, 0% interest, Min - 1k per bank Bank Name : Maybank » Click to show Spoiler - click again to hide... « Link : http://www.maybank2u.com.my/mbb_info/m2u/p...sonal/CRD-Cards Email : mbbcardservices@maybank.com.my Balance transfer details Valid Until : NA Early Settlement Penalty : RM 0 : Plan A - 6 mths, 0% fee, 0.5% interest/mth, Min - RM 1k per application : Plan B - 9 mths, 0% fee, 0.75% interest/mth, Min - RM 1k per application : Plan C - 24 mths, 0% fee, 0.375% interest/mth, Min - RM 2k per application : Plan D - 36 mths, 0% fee, 0.413% interest/mth, Min - RM 2k per application Bank Name : RHB » Click to show Spoiler - click again to hide... « Link : http://www.rhb.com.my/cards/benefits/smart_move/main.html Balance transfer details Valid Until : NA Early Settlement Penalty : No but up front interest paid will not be refunded : Plan A - 12 mths, 0% fee, 4% interest one time, Min - RM 1k per bank : Plan B - 18 mths, 0% fee, 7% interest one time, Min - RM 1k per bank : Plan C - 24 mths, 0% fee, 9% interest one time, Min - RM 1k per bank Bank Name : RHB Islamic » Click to show Spoiler - click again to hide... « Link : http://www.rhb.com.my/islamic_banking/cards/cc_main.html Balance transfer details Valid Until : 15/1/2014 Early Settlement Penalty : No but up front interest paid will not be refunded : Plan A - 6 mths, 0% fee, 0% interest one time, Min - RM 1k per bank : Plan B - 9 mths, 1% fee, 0% interest one time, Min - RM 1k per bank Bank Name : Aeon Credit Service » Click to show Spoiler - click again to hide... « Link : http://www.aeonmalaysia.com.my/acs/af/kona...ChannelId=-8814 Email : customer.service@aeonmalaysia.com.my Balance transfer details Valid Until : NA Early Settlement Penalty : RM 0 : Plan A - 6 mths, 0% fee, 0% interest, Min - RM 1k per application Bank Name : AmBank » Click to show Spoiler - click again to hide... « Link : http://www.ambankgroup.com/en/Personal/Car...es/default.aspx Balance transfer details Valid Until : NA Early Settlement Penalty : RM 100 per balance transfer : Plan A - 6 mths, 0% fee, 4.99% interest/yr, Min - RM 5k per transaction : Plan B - 12 mths, 0% fee, 8.99% interest/yr, Min - RM 5k per transaction : Plan C - 24 mths, 0% fee, 8.99% interest/yr, Min - RM 5k per transaction Bank Name : Al Rajhi Bank » Click to show Spoiler - click again to hide... « Link : http://www.alrajhibank.com.my/personal_fin..._transfer.shtml Balance transfer details Valid Until : NA Early Settlement Penalty : Yes but no formula. To be decided by bank (like car loan) : Plan A - 2 yrs - 5yrs, 0% fee, 7.99% interest/yr, Min - RM 2k per application Bank Name : BSN » Click to show Spoiler - click again to hide... « http://www.mybsn.com.my/tab_pb_transferplan.html Balance transfer details Valid Until : 30/4/2013 (but BSN say so far always auto extend) Early Settlement Penalty : RM 100 : Plan A - 3 mths, 0% fee, 0.3% interest/mth, Min - RM 500 per bank : Plan B - 6 mths, 0% fee, 0.3% interest, Min - RM 1k per bank : Plan C - 9 mths, 0% fee, 0.3% interest/mth, Min - RM 1k per bank : Plan D - 12 mths, 0% fee, 0.3% interest/mth w/ 0% last 6 mths, Min - RM 1k per bank : Plan E - 24 mths, 0% fee, 0.375% interest/mth w/ 0% last 12 mths, Min - RM 1k per bank : Plan F - 36 mths, 0% fee, 0.375% interest/mth, Min - RM 2k per bank Bank Name : CIMB » Click to show Spoiler - click again to hide... « Not Available Bank Name : OCBC » Click to show Spoiler - click again to hide... « Balance transfer details Valid Until : NA Early Settlement Penalty : NA : Plan A - 6 mths, 2% fee, 0% interest, Min - RM 1k per bank : Plan B - 12 mths, 4% fee, 0% interest, Min - RM 1k per bank Bank Name : Standard Charted » Click to show Spoiler - click again to hide... « Link : http://www.standardchartered.com.my/person.../advantages/en/ Balance transfer details Valid Until : NA Early Settlement Penalty : NA : Plan A - 12 mths, 0% fee, 5.99% interest/yr, Min - RM 1k per transaction : Plan B - 18 mths, 0% fee, 5.99% interest/yr, Min - RM 1k per transaction : Plan C - 24 mths, 0% fee, 5.99% interest/yr, Min - RM 1k per transaction : Plan D - 36 mths, 0% fee, 5.99% interest/yr, Min - RM 1k per transaction Bank Name : MBF » Click to show Spoiler - click again to hide... « Link : http://www1.mbfcards.com/promotion-powerdelicpair.html Balance transfer details Valid Until : 31/12/2012 Early Settlement Penalty : Pls call bank to find out : Plan A - Total accumulative BT for 1st 3k (can be few months BT accumulation) - 0%, after 3k 5.99% 1 time fee per BT. Eg. 1st mth BT - RM 1k, 2nd mth BT - RM 2k, 3rd mth BT - RM 1k, 4th mth BT - RM 1k Fee charge 1) 1st mth - 0% 2) 2nd mth - 0% 3) 3rd mth - 5.99% 4) 4th mth - 5.99% Rule : Must spend RM 300 per month or else normal BT interest rate will be charged for each month not meeting the target Bank Name : Citibank » Click to show Spoiler - click again to hide... « Link : http://www.citibank.com.my/english/existin...installment.htm Balance transfer details Valid Until : NA Early Settlement Penalty : RM 0 : Plan A - 0% BT available but only for existing customer. Not disclosed on website or through phone. Call bank to find out : Plan B - 6 mths, 0% fee, 5.81% interest/yr, Min - RM 1k per bank : Plan C - 9 mths, 0% fee, 5.56% interest/yr, Min - RM 1k per bank : Plan D - 12 mths, 0% fee, 5.44% interest/yr, Min - RM 1k per bank : Plan E - 18 mths, 0% fee, 5.35% interest/yr, Min - RM 1k per bank : Plan F - 24 mths, 0% fee, 5.32% interest/yr, Min - RM 1k per bank : Plan G - 30 mths, 0% fee, 5.32% interest/yr, Min - RM 1k per bank : Plan H - 36 mths, 0% fee, 5.33% interest/yr, Min - RM 1k per bank Bank Name : UOB » Click to show Spoiler - click again to hide... « Link : http://www1.uob.com.my/personal/promotions...tion_index.html Balance transfer details Valid Until : NA Early Settlement Penalty : RM 100 per balance transfer : Plan A - 6 mths, 3.3% fee, 0% interest, Min - RM 1k per bank : Plan B - 12 mths, 6% fee, 0% interest, Min - RM 1k per bank : Plan C - 6 mths, 0% fee, 0.499% interest/mth, Min - RM 1k per bank : Plan D - 12 mths, 2% fee, 0.75% interest/mth, Min - RM 1k per bank : Plan E - 18 mths, 5% fee, 1% interest/mth, Min - RM 1k per bank Bank Name : Hong Leong » Click to show Spoiler - click again to hide... « Link : http://www.hlb.com.my/pfs/cc/ccbt.jsp?flag=ccbt Balance transfer details Valid Until : Not sure Early Settlement Penalty : RM 0 : Plan A - Up to you when you want to settle (no end date), 6.99% fee, 0% interest, Min - RM 1k per bank Note : There seems to be contradicting T&C stated in the official document vs what is being described by the bank CS. Pls make sure you do your homework before you commit yourself Valid Until : NA Early Settlement Penalty : RM 100 : Plan B - 3 mths, 0% fee, 0.4% interest/mth, Min - RM 1k per bank : Plan C - 6 mths, 0% fee, 0.5% interest/mth, Min - RM 1k per bank : Plan D - 9 mths, 0% fee, 0.75% interest/mth, Min - RM 1k per bank : Plan E - 12 mths, 0% fee, 1% interest/mth, Min - RM 1k per bank Bank Name : Affin » Click to show Spoiler - click again to hide... « Link : [url=http://www.affinbank.com.my/news/2013-abb-btip.htm[/url] Balance transfer details Valid Until : NA Early Settlement Penalty : RM 100 per balance transfer : Plan A - 6 mths, 2% fee, 0% interest, Min - RM 1k per bank : Plan B - 12 mths, 4% fee, 0% interest, Min - RM 1k per bank : Plan C - 18 mths, 5% fee, 0% interest, Min - RM 2k per bank : Plan D - 24 mths, 6% fee, 0% interest, Min - RM 2k per bank : Plan E - 36 mths, 7% fee, 0% interest, Min - RM 3k per bank Bank Name : Alliance Bank » Click to show Spoiler - click again to hide... « Link : http://www.alliancebank.com.my/ccard_balan...e.html#BTFLE6MP Balance transfer details Valid Until : NA Early Settlement Penalty : RM 0 (but the remaining interest you still have to pay) : Plan A - 6 mths, 0% fee, 5.04% interest/yr, Min - RM 2k per bank Valid Until : NA Early Settlement Penalty : 5% of BT application amount + the remaining interest you still have to pay : Plan B - 12 mths, 0% fee, 6% interest/yr, Min - RM 1k per bank : Plan C - 18 mths, 0% fee, 6% interest/yr, Min - RM 2k per bank : Plan D - 24 mths, 0% fee, 6% interest/yr, Min - RM 2k per bank Bank Name : Bank Islam » Click to show Spoiler - click again to hide... « Link : http://www.bankislam.com.my/Documents/BALA...ANSFER_FORM.pdf Balance transfer details Valid Until : NA Early Settlement Penalty : NA : Plan A - Min 12 mths, 0% fee, 1.5% interest / month, Min - RM 1k per bank This post has been edited by brotan: Jan 6 2016, 01:46 PM
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TSbrotan	Sep 20 2014, 02:06 PM Return to original view \| Post #2
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	Reserved
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TSbrotan	Sep 22 2014, 08:57 PM Return to original view \| Post #3
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(HappyGuy @ Sep 22 2014, 08:47 PM) For public bank, what is the maximum percentage of credit limit can be used for BT? pls refer to FAQ This post has been edited by brotan: Sep 22 2014, 08:58 PM
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TSbrotan	Sep 23 2014, 11:40 AM Return to original view \| Post #4
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	upgrading my pbb visa gold to visa signature good rebate + BT still applicable thanks to Ronnie for creating the thread on that topic This post has been edited by brotan: Sep 23 2014, 11:40 AM
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TSbrotan	Sep 23 2014, 03:34 PM Return to original view \| Post #5
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(leo_kiatez @ Sep 23 2014, 03:23 PM) How do you do that? call them up, they give me a form, fill them up, email to them
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TSbrotan	Sep 24 2014, 09:37 AM Return to original view \| Post #6
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(deeplyheartbroken @ Sep 24 2014, 09:30 AM) So this means the MBB 12 months BT is a gimmick with a one-time charge on top of the 3% upfront fee (albeit waived). there's no gimmick at the end of the day, you won't be charged the 3%
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TSbrotan	Sep 24 2014, 03:28 PM Return to original view \| Post #7
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(deeplyheartbroken @ Sep 24 2014, 09:39 AM) There is a one-time charge as reported by other members. also as reported by other members, it will be refunded between 3 to 5 working days pls go through the thread again
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TSbrotan	Sep 24 2014, 04:34 PM Return to original view \| Post #8
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(deeplyheartbroken @ Sep 24 2014, 04:12 PM) Bro, I meant on the bolded part. i see. ok, i miss it so did anyone called and ask what is this "one time charge thing"?
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TSbrotan	Sep 24 2014, 04:52 PM Return to original view \| Post #9
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(victorywp @ Sep 24 2014, 04:45 PM) the one time charge is the 3%. by right, the waiver should be the same amount. so what is it that ppl report about the 2 different set of numbers?
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TSbrotan	Sep 25 2014, 02:12 AM Return to original view \| Post #10
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(romariotan82 @ Sep 24 2014, 11:11 PM) Hi Bro, What is the income doc required and how long take to upgrade to visa signature epf or salary statement pbb said 1 week. mine not yet approve
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TSbrotan	Sep 25 2014, 09:06 PM Return to original view \| Post #11
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(bee993 @ Sep 25 2014, 06:52 PM) The 1st 1 70% July clear up and august overpaid 1 month to bt again 80% September clear till left 1/3 outstanding. I am finding the reason for rejected This time try lower % c how. why not call them ask why rejected? simple what
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TSbrotan	Sep 29 2014, 09:49 AM Return to original view \| Post #12
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(leo_kiatez @ Sep 28 2014, 10:56 PM) What about rm500(Bank A) +rm500(Bank B) in a BT form? Workable for MBB BT? mbb i tried, is total 1k. not per bank
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TSbrotan	Sep 29 2014, 12:46 PM Return to original view \| Post #13
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(iamoracle @ Sep 29 2014, 10:31 AM) Referring to point #2 of the T&C, does that mean we can BT any amount less than the min. of RM1,000 after the first BT? 5. Campaign Mechanics:- i. 12 months Instalment Plan - Interest Rate at 0% per month. *ii. The minimum transfer amount is RM1,000 and subsequence amount is in multiply of hundred.* Source: http://www.maybank2u.com.my/WebBank/BT090914_tnc.pdf i think that means if you want to bt more than 1k, it must be in rm 100 denomination so if you want to bt rm 1022, round up to rm 1100
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TSbrotan	Sep 29 2014, 03:31 PM Return to original view \| Post #14
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(victorywp @ Sep 29 2014, 10:48 AM) mbbcardservices@maybank.com.my added email for mbb
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TSbrotan	Sep 30 2014, 10:39 AM Return to original view \| Post #15
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(yybryan @ Sep 29 2014, 09:29 PM) Hi. Any different BT to mbb2 amex vs visa/master? My outstanding at bank A 34xx, i BT 3400 to mbb2 visa. Fax to mbb today still waiting their call should be no difference
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TSbrotan	Sep 30 2014, 03:50 PM Return to original view \| Post #16
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(sidanos @ Sep 30 2014, 03:39 PM) Hi guys, I got a question. Since both Aeon and MBB currently having 0% fee on BT, can I transfer from MBB to Aeon and back to MBB since MBB is 12 months and Aeon only 6 mths? eg. Balance 6k from MBB BT to Aeon. Month 1, Aeon statement will be 1k - so, BT this 1k to MBB. Month 2, Aeon statement will be 1k - BT 1k again to MBB and so on until BT all the 6k back to MBB. Can this be done? can be month "infinity" if you have enough credit
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TSbrotan	Sep 30 2014, 03:53 PM Return to original view \| Post #17
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(wan7075 @ Sep 30 2014, 03:52 PM) maybank bt is 12 month. if i settled it early, will i face any penalty or charges from maybank? thanks bro victorywp.. last check no penalty but i suggest you call them up and ask. if the T & C change, you can update here
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TSbrotan	Sep 30 2014, 05:01 PM Return to original view \| Post #18
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(victorywp @ Sep 30 2014, 04:54 PM) but something good now is that mbb also give cb of rm100 with just 3 swipes. which also means, the rm100 gst is waived with 3 swipes... is it mbb charge RM 100 gst because of there are 2x card? or is it all credit card now is RM 100 per card?
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TSbrotan	Sep 30 2014, 05:20 PM Return to original view \| Post #19
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(victorywp @ Sep 30 2014, 05:10 PM) because 2x card i see. ok lah if they give back rm 100 with 3 swipes better than now
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TSbrotan	Oct 4 2014, 04:18 PM Return to original view \| Post #20
Look at all my stars!! Senior Member 2,392 posts Joined: Dec 2009	QUOTE(silent_screamerz @ Oct 4 2014, 09:07 AM) hi if i want apply new maybank card, then transfer my mbb 2card to that new maybank card is it possible? check post #1 faq
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