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

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tbheng
post Sep 24 2014, 12:25 AM

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My BT timeline : AEON to MBB
15-Sep-2014 : email BT application to MBB
18-Sep-2014 : 3% one-time Fee posted
19-Sep-2014 : payment posted at AEON
22-Sep-2014 : 3% one-time Fee waiver posted

*No verification call
*Installment not posted yet
*Payment to AEON is super fast (must be using IBG instead of cheque) thumbup.gif
tbheng
post Sep 24 2014, 01:01 AM

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QUOTE(victorywp @ Sep 24 2014, 12:39 AM)
yes, confirmed mbb used ibg to aeon. today aeon bt team asked me this question "what method is your last payment", i said "by cheque", they asked "cheque?". then i said "sorry, is by ibg... from mbb", then they said "correct". lol...
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Like dad also can... laugh.gif
Wow, you have just completed BT AEON to MBB and now requesting BT back to AEON. notworthy.gif

EDIT: I checked back the transaction description "PAYMENT - TRANSFER" instead of "PAYMENT - CHEQUE" when BT to PBB.

This post has been edited by tbheng: Sep 24 2014, 01:07 AM
tbheng
post Sep 28 2014, 08:20 AM

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QUOTE(cybpsych @ Sep 28 2014, 08:18 AM)
Those who BT to MBB, is the 3% upfront fee = 3% waived amount?

Remember saw few gotten waiver not equal amount than charged.
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Mine waived completely.
tbheng
post Sep 28 2014, 08:31 AM

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QUOTE(guy3288 @ Sep 27 2014, 08:46 PM)
Sigh, last 2 Aeon BTs declined again.Total declined by Aeon 4 already.Successful Aeon BT =31.
Declined once by PBB- overpayment cannot be used for BT at all, unlike Aeon. Succesful PBB BT = 10.
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Guess that AEON has taken note on your last reject and new applications got harder. Were the 4 rejects due to > 80% CL?
For now maybe just BT between PBB and MBB and let your AEON acct "cool down" and "recuperate" first with more available CL. tongue.gif
Hope after a few cycles of installment repayment (via BT to PBB/MBB) will allow further BT to AEON.

QUOTE(victorywp @ Sep 27 2014, 09:00 PM)
you are the champion of bt! combining all, i only 20+ but you already 40+...
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I have 25 todate. blush.gif
tbheng
post Oct 3 2014, 06:58 AM

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QUOTE(guy3288 @ Oct 2 2014, 11:37 PM)
4 BTs declined no reason informed. My Bt had used up more than 100% CL  long ago. playing on  overpayment since.
I submitted another  BT on 30.9.14 RM3684 (Mbf +RHB), received call verification on 1.10.14, no SMS approval yet.
Yesterday submitted another RM2700 (Wise and PBB), today received call verification but again no sms approval received.

But when i checked Aeon website available CR was RM11461 now become RM5077, i presumed my BTs all approved oredi.
Somehow no sms sent out to inform BT approved now??

You  would never find out why some BTs are declined becos the next one you apply can be approved! and no need cool off period.
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Good to know your AEON BT is approved now. smile.gif
I noticed the AEON BT approval sms is not consistent. There was once I did not received sms but was approved.
I normally just monitor online on the total outstanding and unbilled transaction. Normally within 2-3 days it will appear online.
I guess beyond 3 days then call to confirm if it was rejected then to execute plan B. tongue.gif

This post has been edited by tbheng: Oct 3 2014, 07:07 AM
tbheng
post Oct 24 2014, 10:49 PM

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15 Oct - BT 10k from MBB to PBB via email - no charge
20 Oct - 10k posted into MBB
22 Oct - Call MBB to refund 10k to SA - no charge
24 Oct - 10k posted into SA

All in 9 days. Very efficient and fast. cool2.gif
tbheng
post Oct 24 2014, 11:27 PM

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QUOTE(guy3288 @ Oct 24 2014, 11:13 PM)
dont  know. i received it in email
thumbup.gif  thumbup.gif  thumbup.gif
*
You are sharp. It takes pro/veteran to spot it! laugh.gif
This is the next level of BT. tongue.gif
tbheng
post Nov 28 2014, 07:25 AM

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QUOTE(cyang @ Nov 27 2014, 10:42 PM)
if transfer overpay from Maybank CC to Maybank CASA, it will just take 1 day.
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Did overpayment from PBB to MBB the second month.
Called on 23 Nov (Sunday), credited into CASA on 24Nov. Went for 4.1% FD @ OCBC. cool2.gif
tbheng
post Nov 30 2014, 11:06 AM

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Hi all, just noticed from PBB website that the 0% BT has been extended to 31 Mar 2015. thumbup.gif rclxms.gif
SOS
tbheng
post Dec 16 2014, 11:31 AM

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QUOTE(peri peri @ Dec 16 2014, 11:25 AM)
normal PB card also eligible. but must be fund. 0% installment conversion plan and BT all ending this month
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I have reported that the 0% BT for PBB has been extended to March 2015. thumbup.gif
SOS
tbheng
post Dec 16 2014, 11:40 AM

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QUOTE(peri peri @ Dec 16 2014, 11:32 AM)
Opps, my bad. but thanks for your head up.  thumbup.gif
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No prob... sharing is caring. tongue.gif
Hope PBB keep extending... biggrin.gif

Based on my rough count...doing 0% BT for the last 8 months, have generated free money of > 1k dy. drool.gif
Not a lot if compare to use it on high return investment.
And it does need close monitoring and tracking of all the repayments... rclxub.gif
tbheng
post Dec 18 2014, 11:25 AM

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Did 3 BTs this month:

(1) AEON: Email application 15 Dec 10am; Repayment posted 16 Dec >>> Approved Fast rclxms.gif

(2) PBB: Email application 15 Dec 10am; Repayment posted 17 Dec >>> Approved Quietly thumbup.gif

(3) MBB: Email application 15 Dec 5pm; Still awaiting for the Repayment posting... yawn.gif
tbheng
post Dec 18 2014, 11:39 AM

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QUOTE(fruitie @ Dec 18 2014, 11:23 AM)
Guys, Maybank has received the payment from Aeon. I think the cheques just cleared today.

I have unbilled transactions for my AmEx and Visa MBB2Cards, what I can see now is it has deducted my unbilled transactions and only show the balance.

How can I request back from Maybank for the whole amount Aeon paid and not after Maybank's deductions? My bill only due in mid of next month, don't want to clear the amount so soon...

Thanks. notworthy.gif
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When is your statement date?
If your due date is mid month, then I guess your statement is ~ 25.
Call CS soon to request to transfer that payment (from AEON) to your CASA, otherwise you will get a Credit balance in your next statement (assuming your BT amount was bigger than your unbilled amount).

Edit: I normally call them and settle it before the next statement. Not sure can still request after it has been statemented.

This post has been edited by tbheng: Dec 18 2014, 11:41 AM
tbheng
post Dec 18 2014, 11:49 AM

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QUOTE(fruitie @ Dec 18 2014, 11:43 AM)
My statement date is 24th. OK, I will call them later.
Thanks for the tips. notworthy.gif
*
Yeah, keep them in m2u saver-i account also can get 2.25% interest... smile.gif



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tbheng
post Dec 18 2014, 12:16 PM

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QUOTE(fruitie @ Dec 18 2014, 11:43 AM)
My statement date is 24th. OK, I will call them later.
Thanks for the tips. notworthy.gif
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Just another headsup, don't be panic that CS will tell the transfer will take 8 working days (from their SOP script). tongue.gif
Based on my past 3 requests, they did it within 2 working days.
Since your statement is 24, you better call them fast fast.
tbheng
post Dec 18 2014, 02:24 PM

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QUOTE(Devil4life @ Dec 18 2014, 01:52 PM)
How to create that acc? Throught m2u?
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Yes, open inside m2u, no need to go to branch.
tbheng
post Dec 18 2014, 04:26 PM

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QUOTE(fruitie @ Dec 18 2014, 03:09 PM)
Actually must do in M2U, cannot do in branch. My parents who are not IT literate, wanted this account too but were refused in the branch. They told them this must be done in M2U...

Anyway, just called Maybank for the overpayment... She wasn't that friendly and kept saying I cannot get back the full amount paid by AEON. sad.gif She said must deduct the unbilled transactions and only pay me the balance.
After trying to convince her for a while, she said will apply for me but subject to management's approval and yes she told me 8 working days and I stayed calm about this. laugh.gif

Do you think I will get back the full amount? sad.gif

I told her the bill is not generated yet and it will only due in mid of next month, I may need the money for other purposes...
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I would say 50-50, as MBB has not been consistent on this.
There was once, they only transfer the balance after net off the unbilled amount.
Says Unbilled = 3k, BT#1 = 5k; I called to request to transfer 5k; the CS say ok, but end up only transfer 2k. doh.gif
I called back to complaint and they transfer the remainder 3k; but partly also my BT#2 = 3k just posted. sweat.gif laugh.gif
The early experience similar like the above, but they straight transfer 5k though there were unbilled amount. rolleyes.gif
All the best to you. smile.gif
tbheng
post Dec 19 2014, 04:46 PM

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QUOTE(onnying88 @ Dec 19 2014, 01:19 PM)
The profit sharing does it mean sharing the profit of 2.25% into 95% bank and 5% to depositor?

Let's say the interest from the 2.25% is Rm100, which mean Rm95 to the bank and Rm5 to the depositor?

If not then why they list out the profit sharing ratio??? blink.gif
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2.25% is what we get. It is already done the calc after the profit sharing.
tbheng
post Dec 21 2014, 10:32 AM

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QUOTE(fruitie @ Dec 20 2014, 12:39 PM)
An update for my case, I got back the full refund from Maybank. rclxm9.gif

The funnier part is Aeon transferred 6415 to Maybank and Maybank refunded me 6465. biggrin.gif

Posting date Transaction date Description Foreign currency Local currency
  Debit Credit Debit Credit
19-Dec-2014 19-Dec-2014 REFUND CREDIT BAL-CSU  RM6,465.00
17-Dec-2014 17-Dec-2014 LOCAL PYMT,CHEQUE NO 00720840    RM6,415.00

laugh.gif They included my cash rebate as well I think. tongue.gif
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Good for you, sis. icon_idea.gif party.gif
Like I said, they are really not consistent in this.
Hope for the same for my next request. smile.gif
tbheng
post Dec 22 2014, 02:10 PM

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Just for sharing...
Finally got my Credit Report from BNM after emailed the form 6 days ago.
From my report, MBB and PBB did reported my total outstanding balance (including all BT unclear amount); but AEON only declare current statement balance. Nothing on arrears. smile.gif

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