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

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cybpsych
post Jun 7 2018, 05:14 PM

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QUOTE(iamshf @ Jun 7 2018, 09:04 AM)
Yiks .. The AM only allow one 0% BT?
Say only 1 BT allow when I apply the 2nd BT
I should have BT all to MBB 1st
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QUOTE(ktn1169 @ Jun 7 2018, 03:53 PM)
Are you able to submit a 2nd BT to another card ? Or One time only??
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someone already tried this morning?
cybpsych
post Jul 16 2018, 08:42 PM

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QUOTE(borebby @ Jul 16 2018, 08:37 PM)
Newbie here. 
Have some question.
If I apply 6k for BT to PBB, for 0%.
So , i only need to pay back 1k each month, for 6 months?
Is there any hidden cost or admin fee or interest? 
Total pay back PBB is same as what i transfer?
PBB earn nothing?
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no fees.

total of course will be what u transferred.
cybpsych
post Jul 20 2018, 11:57 AM

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QUOTE(dskwan @ Jul 20 2018, 11:53 AM)
Can we call the bank to cancel the half way balance transfer or IPP and charge the remaining lump sum to the credit card? Any penalty?
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it's called early settlement.

u gotta ask respective bank/program whether there is early setttlement attached. e.g. for pbb flexipay/BT, has a fee.
cybpsych
post Jul 23 2018, 02:25 PM

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QUOTE(scfans @ Jul 23 2018, 02:12 PM)
hi guys, noted that public bank 6 months bt is free, but need to bt minimum 2k.

if i apply the bt for 2k, but my another cc invoice outstanding only 1.9k, can still apply ?
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can, pb bt doesnt need statement. just put min rm2k in the form.
cybpsych
post Aug 6 2018, 12:20 PM

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QUOTE(chenhui87 @ Aug 6 2018, 12:15 PM)
i would like to transfer rm2500 from maybank to pbb with 6 months 0% interest repayment.
1st time do BT. is it really no charge from either MBB or PBB?
let's say i transfer rm2500 from, i only pay rm2500 to PBB?
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pbb 6mth 0% without any extra charge.

u balance transfer rm2.5k to pbb, pbb pay rm2.5k to mbb (settled). in turn, pbb convert to 6 months installments, payable according to statement.
cybpsych
post Aug 6 2018, 02:30 PM

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QUOTE(chenhui87 @ Aug 6 2018, 01:07 PM)
i am just swipe it yesterday, i need to wait for the latest statement from mbb or i can apply when the amount reflect into my outstanding balance?
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PBB BT doesnt need statement, so u can send in the BT form anytime.
cybpsych
post Aug 13 2018, 06:00 PM

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QUOTE(Tigerr @ Aug 13 2018, 05:58 PM)
6 months better than none lor
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then you gave wrong info.

3 person need to reply just to correct it.
cybpsych
post Aug 15 2018, 04:58 PM

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Update: Balance Transfer Maximum Transfer Amount

Effective 20th August 2018, all the UOBM Balance Transfer program maximum transfer amount will be up to 80% of their Credit Limit from their UOBM Credit Card Accounts. The maximum transfer amount capping of RM100,000 is no longer valid. Other T&C apply.

cybpsych
post Aug 16 2018, 09:48 PM

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QUOTE(MGM @ Aug 16 2018, 09:40 PM)
I had a peek at the M2U BT and saw that my available balance of 24k.
But at the transfer limit column, there are minimum amount of rm1000 & max of rm18000. Does that mean max I can do BT is rm18000 not rm24000?
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it seems 18k is the computed bt limit. t&c stated max 50k per bt.
cybpsych
post Aug 16 2018, 10:28 PM

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QUOTE(MGM @ Aug 16 2018, 10:18 PM)
Just talked to MBB CS n she said that I can not do BT of more than rm18000, which matchs the maximum amount in the "Transfer Limit" column.
Was told NOT to use the  BT form which did not indicate 3% upfront fee waived. Instead use M2U.
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better wait for the full promo page to be up where the proper form would be hosted. should be soon cuz the t&c was dated few days ago.

probably the promo page take time to design, approve the copy. update the website. etc
cybpsych
post Aug 16 2018, 10:38 PM

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QUOTE(MGM @ Aug 16 2018, 10:36 PM)
Can use M2U, waiver is already stated there.
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of course can m2u, that's where the t&c came from. only the form not published to website yet.
cybpsych
post Aug 17 2018, 08:24 AM

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QUOTE(hwachong @ Aug 17 2018, 12:11 AM)
Can I apply for BT from AMB to MBB, where the AMB outstanding is from previous BT instalments?
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BT bank don't selectively look at each charges inside your statement (if it's required for BT application). they just verify your total statement outstanding.

those BT doesn't need statement, nothing to show anyway smile.gif
cybpsych
post Aug 20 2018, 09:14 AM

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QUOTE(juudai1990 @ Aug 20 2018, 08:58 AM)
hi all,

This is will be my first time trying to do BT...

A quick question, do we still earning points by doing BT ?

I am planning to BT to maybank since it is 0%

Thanks
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learn to read from official t&c...

// 5. The following transactions are not taken into account in the accumulation of TreatsPoints Feature:

Transactions for Maybank EzyCash, Maybank EzyPay Plus, Cash Treats, Cash Advance, and Balance Transfer; Refunded, disputed, unauthorized or fraudulent retail transactions; Payment of card annual fees, interest charges, late payment fees, cash advance fee; Any other form of service or miscellaneous fees. //
cybpsych
post Aug 20 2018, 02:44 PM

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QUOTE(uhlaw @ Aug 20 2018, 02:41 PM)
"Congratulations! your application for Maybank Balance Transfer Programme is approved in principle."

Is this mean approved already?
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no

just passed the online m2u application checking. still need 2nd approval internally.
cybpsych
post Sep 2 2018, 07:14 PM

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QUOTE(cybpsych @ Oct 25 2017, 07:27 PM)
Straight-Thru Processing, basically you applied BT via M2U.
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QUOTE(pisang @ Sep 2 2018, 06:52 PM)
Hi all, any idea what does “STP” mean?

[attachmentid=10004500]
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search?
cybpsych
post Sep 4 2018, 01:03 PM

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QUOTE(Gabriel03 @ Sep 4 2018, 12:48 PM)
I am planning to BT from PBB to MBB (12-month promo). However, in my PBB, still got an existing BT installment to pay.

I am planning to BT from my PBB outstanding balance with the remaining installments. Is it possible since MBB didn't ask for CC statement? And if that happens, the outstanding balance will be negative pending the posting of the monthly installment, possible to have a negative CC bill?

For PBB, if I ask to remove the BT, I will be charged RM 100 for early settlement which I am trying to avoid.
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mbb doesn't know/check what is happening to your card/account.

if approved, mbb transfer fund. that's all.

QUOTE(alexanderclz @ Sep 4 2018, 12:52 PM)
can make multiple maybank bt for this promo?
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of course, up to 80% available CL
cybpsych
post Sep 6 2018, 03:54 PM

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QUOTE(Left4Dead2 @ Sep 6 2018, 03:52 PM)
Can someone confirm whether what i think below is correct

Said i transfer from my UOB outstanding cc balance of rm6k to Maybank now for 12 months period

Based on current promotion, Maybank will charge zero interest and upfront fee

Then from there i paid Maybank rm500 instalment for 12 months right ?

What they earn from this ?
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yes

they earn when you're not disciplined in cc repayment.

else, you're safe and nothing to worry.
cybpsych
post Sep 19 2018, 10:50 AM

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QUOTE(Left4Dead2 @ Sep 19 2018, 10:49 AM)
Normally how long Maybank will charge me back ar ?

I balance transfer from UOB and their statement also showed the payment since 12 Sep but Maybank side no reflected

Does they forget me, LOL
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statement date
cybpsych
post Sep 26 2018, 10:23 PM

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QUOTE(MGM @ Sep 26 2018, 10:09 PM)
Got such bank?
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old bank name
cybpsych
post Oct 2 2018, 10:07 AM

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QUOTE(ooikeat @ Oct 2 2018, 10:02 AM)
Hello,
I have a question. Can do you balance transfer including installment plan ? I have some installment from bank A, and wish to transfer all to bank B, and then cancel bank A credit card.
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bank B does NOT know bank A's details

balance transfer = bank B transfer $$ to bank A as payment.

if your bank A's installments are converted to full (early settlement, may have fee), then payment from bank B is paying the outstanding in bank A.

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