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Credit Cards Balance Transfer (BT) Plans V4 - Banks Offer List, Credit card debt consolidation

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razor21
post May 14 2016, 12:52 PM

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QUOTE(sms2u @ May 14 2016, 12:14 PM)
U can refer to section below in the url below

Section
What if I fully settle the CashLite facility before its maturity?

URL
http://www.cimbbank.com.my/content/dam/cim...ant-mar2016.pdf

Also T&C
http://www.cimbbank.com.my/content/dam/cim...ant-mar2016.pdf

U need at least to inform CIMB prior to terminate the cash lite in 30 days.
In that case, u already need to pay for the interest for first 30 days.

May be u can still earn a bit from FD interest rate if you immediate choose to terminate the Cash List onc eCIMB approved it and release to you.

But, too many work to do and also depend the amount applied and aprroved. Not worth to do that.
U need to consider also whether it will give any impact to your record in CIMB or crisss.
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thank you very much...
TSbrotan
post May 15 2016, 08:40 AM

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QUOTE(shiroikun @ May 10 2016, 10:40 AM)
For Aeon BT 6 months 0%, let's say we BT total of 10k, so the first 5 months we can pay only 5% of 10k each month and the 6th month statement before payment due date we settle full amount. In this way, we won't charge interest? Or we need to actually 10k divided into 6 installment?

Another question, for Aeon can we BT more than statement amount? example 8k outstanding and we transfer 10k
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1. The bt amount is divided equally 6 months charged to your cc every month and u r expected to pay them every time on time every month, just like your normal cc spending. Just like normal spending, if u missed payment, you will be charged standard cc interest (12% to 18%)

2. Not for aeon
TSbrotan
post May 15 2016, 08:45 AM

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QUOTE(shiroikun @ May 10 2016, 11:07 AM)
Thanks, it will be nice if statement is not needed. If transferring big sum of amount, it's quite hard to settle in 6 months only.  sad.gif
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Firstly, why even owe/spend that amount in the 1st place if you can't afford to pay within 6 months?

Secondly, if you really need to spend that amount due to emergency cases (medical, etc) which is out of your control and 6 months is too much for you, can consider BSN. They have 36 months installment with interest but not high

Check out all available options in post #1

This post has been edited by brotan: May 15 2016, 08:45 AM
klthor
post May 16 2016, 11:52 AM

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hello mates, i saw that the cheapest BT is aeon cc? is there any annual fees or bank charges? i do not have any aeon CC now. any other cc that have 0% interest and maybe 0% fees and no bank charges at all ? be it annual fees or watever fees?
bearbear
post May 16 2016, 01:57 PM

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QUOTE(klthor @ May 16 2016, 11:52 AM)
hello mates, i saw that the cheapest BT is aeon cc? is there any annual fees or bank charges? i do not have any aeon CC now. any other cc that have 0% interest and maybe 0% fees and no bank charges at all ? be it annual fees or watever fees?
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it is free for AEON but they have a rule of only one BT every 6 months.

Aeon CC annual fee are waived upon making 12 transactions a year.
klthor
post May 16 2016, 02:35 PM

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QUOTE(bearbear @ May 16 2016, 01:57 PM)
it is free for AEON but they have a rule of only one BT every 6 months.

Aeon CC annual fee are waived upon making 12 transactions a year.
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thanks, that is good enuff.
kelvinlzy
post May 18 2016, 10:50 PM

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Wanted to BT from UOB to Aeon, who knows the cash rebate offset the RM1k spending, now my statement is only RM996++. Aeon won't round it up to RM1k right? unsure.gif
sms2u
post May 19 2016, 01:24 AM

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QUOTE(kelvinlzy @ May 18 2016, 10:50 PM)
Wanted to BT from UOB to Aeon, who knows the cash rebate offset the RM1k spending, now my statement is only RM996++. Aeon won't round it up to RM1k right? unsure.gif
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either same amount or less . u can attach the unbill tx if u have. See whether they allow or not
kelvinlzy
post May 19 2016, 10:11 AM

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QUOTE(sms2u @ May 19 2016, 01:24 AM)
either same amount or less . u can attach the unbill tx if u have. See whether they allow or not
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Thanks but CS said not allowed. They only see statements. Nonetheless I will still attach it icon_idea.gif
rdevil33
post May 19 2016, 12:30 PM

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QUOTE(kelvinlzy @ May 19 2016, 10:11 AM)
Thanks but CS said not allowed. They only see statements. Nonetheless I will still attach it icon_idea.gif
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I managed to do BT from UOB to Aeon recently. For my case, Aeon approved BT RM3K and statement balance I showed to them is RM2994.20.
So, sometime they might allow for round up. I think it is based on case by case basis.
ronnie
post May 19 2016, 01:40 PM

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I just noticed my PBB BT installment plans has been posted earlier than normal.
Usually it's posted on Statement Date.

Now it's posted right after passed the previous Statement Date mad.gif
laymank
post May 19 2016, 02:01 PM

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QUOTE(ronnie @ May 19 2016, 01:40 PM)
I just noticed my PBB BT installment plans has been posted earlier than normal.
Usually it's posted on Statement Date.

Now it's posted right after passed the previous Statement Date mad.gif
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request to change statement date to after posting date, then. LOL! biggrin.gif
mamamia
post May 19 2016, 06:31 PM

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QUOTE(ronnie @ May 19 2016, 01:40 PM)
I just noticed my PBB BT installment plans has been posted earlier than normal.
Usually it's posted on Statement Date.

Now it's posted right after passed the previous Statement Date mad.gif
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Yes, i saw that.. But, no difference whether is on statement date or after statement date, as long as we still got 20 days interest free from statement date.
We didn't loss anything on this..
kelvintt
post May 19 2016, 07:16 PM

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QUOTE(ronnie @ May 19 2016, 01:40 PM)
I just noticed my PBB BT installment plans has been posted earlier than normal.
Usually it's posted on Statement Date.

Now it's posted right after passed the previous Statement Date mad.gif
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I realize that too. Maybe they purposely put in earlier to remind u that u have more outstanding balance to clear nx month. :-P

This post has been edited by kelvintt: May 19 2016, 07:16 PM
ronnie
post May 20 2016, 09:41 AM

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QUOTE(mamamia @ May 19 2016, 06:31 PM)
Yes, i saw that.. But, no difference whether is on statement date or after statement date, as long as we still got 20 days interest free from statement date.
We didn't loss anything on this..
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Same for us. but curious why the change ?
MGM
post May 20 2016, 10:31 AM

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QUOTE(ronnie @ May 20 2016, 09:41 AM)
Same for us. but curious why the change ?
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If they are posted at end of statement (say 20th) and if u request to change the next statement to a earlier date (say 16th), u effectively delay the BT by ~ 1 month, cos the BT transactions will still be dated on 20th n will appear on the next statement. I hope u all understand my explanation. tongue.gif
laymank
post May 20 2016, 11:11 AM

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QUOTE(MGM @ May 20 2016, 10:31 AM)
If they are posted at end of statement (say 20th) and if u request to change the next statement to a earlier date (say 16th), u effectively delay the BT by ~ 1 month, cos the BT transactions will still be dated on 20th n will appear on the next statement. I hope u all understand my explanation. tongue.gif
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Different bank has different 'flexibility' in changing the statement date.

Most of them will say it will take effect in the Next cycle, which is not immediately.
MGM
post May 20 2016, 11:18 AM

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QUOTE(laymank @ May 20 2016, 11:11 AM)
Different bank has different 'flexibility' in changing the statement date.

Most of them will say it will take effect in the Next cycle, which is not immediately.
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No diff, BT payment will still be delayed by 1 month.
mitodna
post May 21 2016, 03:51 PM

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Any HSBC balance transfer, they don't split the monthly by month? Thanks
tbheng
post May 23 2016, 08:27 AM

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QUOTE(ronnie @ May 20 2016, 09:41 AM)
Same for us. but curious why the change ?
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QUOTE(MGM @ May 20 2016, 10:31 AM)
If they are posted at end of statement (say 20th) and if u request to change the next statement to a earlier date (say 16th), u effectively delay the BT by ~ 1 month, cos the BT transactions will still be dated on 20th n will appear on the next statement. I hope u all understand my explanation. tongue.gif
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Yes, MGM spots on. I enjoyed that 1 month delay previously after bring earlier my stmt date.

PBB screwed up my bt 2 years back, end up 2 repayments in one stmt. Complained to bnm. So this time alerted them as soon as I see the anomaly. to avoid they post again on stmt date,. They replied they hv changed their system. It is posted one day after stmt date and no more on stmt date.

This post has been edited by tbheng: May 23 2016, 08:32 AM

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