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

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TSbrotan
post Jun 3 2016, 03:52 PM

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QUOTE(kelvinlzy @ Jun 3 2016, 03:13 PM)
0.5%? What card is that? Even MBB2Amex can earn you 1.25% equivalent cash back.
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Go to maybank website, you can find it
laymank
post Jun 3 2016, 04:04 PM

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QUOTE(kelvinlzy @ Jun 3 2016, 03:13 PM)
0.5%? What card is that? Even MBB2Amex can earn you 1.25% equivalent cash back.
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Ikhwan card has 5%.
terence_say
post Jun 5 2016, 12:27 PM

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how long does pbb takes to approve the balance transfer application and transfer the amount to the particular bank?
iamWill
post Jun 5 2016, 07:47 PM

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QUOTE(terence_say @ Jun 5 2016, 12:27 PM)
how long does pbb takes to approve the balance transfer application and transfer the amount to the particular bank?
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usually 3-5 working days from past experience
cybpsych
post Jun 6 2016, 01:22 PM

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Maybank Balance Transfer 0% p.a for 12months (with 1% upfront fee) [ Maybank | T&Cs | FAQs | EDM ]
Campaign Period: 3 June 2016 - 30 September 2016

user posted image

This post has been edited by cybpsych: Jun 6 2016, 01:31 PM
terence_say
post Jun 6 2016, 07:40 PM

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anyone know how is the aeon credit 6 months 0% balance transfer work ?

If I transfer 9k from Maybank to Aeon credit, it will charge 1.5k every months to my aeon credit card for 6 months?
TSbrotan
post Jun 6 2016, 07:56 PM

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QUOTE(terence_say @ Jun 6 2016, 07:40 PM)
anyone know how is the aeon credit 6 months 0% balance transfer work ?

If I transfer 9k from Maybank to Aeon credit, it will charge 1.5k every months to my aeon credit card for 6 months?
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yes
hurtedheart
post Jun 6 2016, 08:14 PM

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QUOTE(cybpsych @ Jun 6 2016, 01:22 PM)
Maybank Balance Transfer 0% p.a for 12months (with 1% upfront fee) [ Maybank | T&Cs | FAQs | EDM ]
Campaign Period: 3 June 2016 - 30 September 2016

user posted image
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Got upfront fee & need statement, not so attractive although the max bt limit is given up to 50k subject to cc limit
kelvintt
post Jun 6 2016, 08:19 PM

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QUOTE(hurtedheart @ Jun 6 2016, 08:14 PM)
Got upfront fee & need statement, not so attractive although the max bt limit is given up to 50k subject to cc limit
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How much is the effective interest rate translated from the 1% upfront fee?
hurtedheart
post Jun 6 2016, 08:33 PM

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QUOTE(kelvintt @ Jun 6 2016, 08:19 PM)
How much is the effective interest rate translated from the 1% upfront fee?
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0% BT with 1% upfront fee. Eg: If BT 10k, upfront fee = rm 100, other than that no interest charged unless you late payment
kelvinlzy
post Jun 7 2016, 03:38 PM

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Emailed BT application to Aeon last night and received call today. During the verification process, CS asked how i made my last payment, through which bank, which I replied PosOnline?? CS is like..ok correct..LOL tongue.gif
mamamia
post Jun 7 2016, 05:47 PM

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Just now I call to AEON to enquire about the BT... was informed that I can based on last month Statement (even if it is past due) as supporting for my BT application as I told that I still need to wait for the statement to deliver to me, if they take 15 business days (as per the standard policy) to process, by the time I receive my statement + 15 business days will ended up with overdue payment. So, the CS checked and advise that I can submit with last month statement, i.e. May statement.

Also, she advised me to call them after I send them the form to confirm they have receive my application, and I can call them after 7 working days to check application status.
blahbleh
post Jun 8 2016, 10:29 AM

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Hmm....so if to get the 1% entitlement, have to apply from 20 June - 30 June....not sure why they designed it in such way...probably to spike up their unsecured loan take up rate every month? tongue.gif
mamamia
post Jun 9 2016, 06:08 PM

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AEON BT process:
1. Submit form and statement on 7th June, Tuesday 5:30pm
2. Call to CS to confirm receipt on my email for the BT application on 8th June
3. Received call from AEON to verify my details at 11:50am today..
4. Received SMS at 5pm stating my BT application has been approved.

Now waiting them to credit the fund
garygan
post Jun 11 2016, 01:13 PM

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not sure has anyone tried this?
-Maybe pay 95% during first 6 months, then let the balance 5% subjected to 0.30% interest?
-or it has to be paid by fixed amount??

12 months 0%
(0% for the first 6 months and subsequent months at 0.30%)

http://www.mybsn.com.my/content.xhtml?contentId=136#
TSbrotan
post Jun 11 2016, 01:18 PM

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QUOTE(garygan @ Jun 11 2016, 01:13 PM)
not sure has anyone tried this?
-Maybe pay 95% during first 6 months, then let the balance 5% subjected to 0.30% interest?
-or it has to be paid by fixed amount??

12 months 0%
(0% for the first 6 months and subsequent months at 0.30%)

http://www.mybsn.com.my/content.xhtml?contentId=136#
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bsn is not stupid

the bt amount is distributed evenly across the 12 months for monthly repayment

so even if u pay 95% for first 6 months, you are overpaying your credit card, not reducing balance

This post has been edited by brotan: Jun 11 2016, 01:18 PM
terence_say
post Jun 11 2016, 07:57 PM

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QUOTE(mamamia @ Jun 9 2016, 06:08 PM)
AEON BT process:
1. Submit form and statement on 7th June, Tuesday 5:30pm
2. Call to CS to confirm receipt on my email for the BT application on 8th June
3. Received call from AEON to verify my details at 11:50am today..
4. Received SMS at 5pm stating my BT application has been approved.

Now waiting them to credit the fund
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May I know you email the application form to which address?

Thanks
lamode
post Jun 11 2016, 09:17 PM

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QUOTE(kelvintt @ Jun 6 2016, 08:19 PM)
How much is the effective interest rate translated from the 1% upfront fee?
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i think that transcalte into 1.84% EIR per annual. smile.gif

mamamia
post Jun 11 2016, 09:41 PM

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QUOTE(terence_say @ Jun 11 2016, 07:57 PM)
May I know you email the application form to which address?

Thanks
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Same as the one stated in first post. After email, better call up to check whether they receive.. AEON charge to my card on 9 June, but I haven't receive the payment to BT bank yet..

Email : customer.service@aeonmalaysia.com.my

kelvintt
post Jun 12 2016, 12:20 AM

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QUOTE(lamode @ Jun 11 2016, 09:17 PM)
i think that transcalte into 1.84% EIR per annual.  smile.gif
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Thanks!

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