Some FI (aeon) requires statement, therefore cannot BT more than the outstanding amount.
Others do not need statements (eg maybank, hsbc), so yes BT amount can go above outstanding amount.

The one i read in BSN website is no fee charged, 0% bt for first 6 month but subsequent month has interest.
Can share which link you are referring to which may really give 0% BT throughout tenure?

Bro, i just called to ask, the SLA is 7-14 working days to send funds to the other bank. Not sure if any other bros can share real life experience though. Since SLA is quite long (14 working days is 3 calendar weeks, better be sure the other card won't get due and charged interests)

Read further the FAQ from that link. There is no 100% 0% BT for BSN

This post has been edited by justanovice: Mar 2 2017, 04:45 PM

As per rapple said, call the bank and ask.
But usually 1st repayment date will be in a month later. And i even get sms notification on when i need to pay, amount, and another sms notification when my payment reaches hsbc. Efficient.

I thought you will ask for refund if excess to savings acct?

I asked the staffs at a few the uob card counters at malls. All of them say no 0% BT therefore i did not apply

Hi, yes confirm will impact the score. I have recently read a lot on credit rating / scoring , they call it FICO score. Try to find materials on that to understand how the score is roughly derived.
Then do your own calculations if it is worth to do all these BTs, if you have a choice that is. If your question comes because BT is a way to lower your financial burdens, by all means go ahead (with caution)

Bump into uob booth at The Curve, they are offering 6 month 0% BT for new customers
Applied For card and filled up BT form as well.
Free gift includes power bank, food containers, drinking bottles if i am not mistaken.

Thanks for letter us know. So I guess the money is now stuck in credit card and can only be treated as 'advance payment' ...

Well the banks effectively 'locked' your money and ensure that you will eventually spend that amount. Clever move.

Nope, you can't

Just remember to pay the BT installments on tim and it will be a brilliant move.


This post has been edited by justanovice: Apr 8 2017, 12:56 AM

Is this under any promotion? I recently applied direct. No reward...?

Yes seriously missed it ...

Same here. Did you guys try apply?
The thing is, my HLB card is an old card used for Big bad wolf to get 5% only. With very low limit.
Lol

This also works for individuals who have big spendings every month too

Hi Friends, want to ask about MBB 0% BT, will a new account number created for my BTs?
I read that we can do multiple BTs as long as the CL allows.
If i do 1 BT this month say RM6K, then i will need to pay rm500 per month for 12 months
If next month i BT another 6K, does it just adds up to the BT account that i need to pay up?
I am thinking to continuously do monthly BT but if there are separate BT accounts to take care then it may be too much of a hassle to do it

Noted with thanks Ronnie.
Looks clean and tidy then

While i have joined the BT offer for new customers recently and doing revolving BT as well, I agree with tbheng and lilsunflower that once you get the hang of it, it is not so difficult to manage the repayments etc.
My further observation from doing this, for sharing purposes:
1. The challenge is to keep track of how much 'benefit' each dollar brings to us by doing resolving BT etc. when we pay BT to BT, the amount gets complicated
2. Do backup planning in case you cannot perform banking transactions, for instance, hospitalized. The amount we are playing around is big (and attractive) - big gain big risk (if we miss any repayment due to unforeseen circumstances)
Cheers

I just did BT from HSBC to MBB 0% 12 month... that to pay off my monthly HSBC BT Amount
Since HSBC does not create a new BT account and is using the credit card account, the BT is successful.
However I tried the same for my Alliance BT account but it failed card number validation check, since Alliance creates a separate BT account
sharing:
1. Alliance CS told me, for their BT program, the final month repayment will not incur interest as long as we pay before due date (I explained to her on HLB final month payment on statement date - she confirm Alliance is not the case)
2. The banks that does not create new BT account - we can BT from another bank to to pay off the monthly BT due amount
3. anyone knows if Ambank and Public Bank will create a new BT account or use back the same credit card number?