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

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ClessRV
post Sep 19 2016, 06:42 PM

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Hi guys, need some opinion(s) here,

I am thinking of doing 2 balance transfer as follows:

CIMB (Existing, ~RM6000) -> Maybank (Existing, ~RM5000) -> Aeon (New)

which means the new card Aeon will be transferred RM5000 and Maybank will be transferred RM6000.

is it possible to do 2 balance transfer at once? or any other methods?

Thank you.
ClessRV
post Sep 19 2016, 07:20 PM

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QUOTE(lilsunflower @ Sep 19 2016, 06:45 PM)
Yes, you can do 2 balance transfers at once (with different banks), subject to meeting their credit limit and other conditions.

As each bank is independent, your balance transfers are mutually exclusive.

To maximise efficiency, just time your BT applications carefully and ensure that there is sufficient time for the BT funds to be received.
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Thanks, was called by CIMB the other day regarding its cashlite promotion, but still with 0.something interest,

is it advisable to have 4 credit cards but only 2 is utilized, while the other 2 is only for emergency and the BT?

I read somewhere that it is good for your credit score (given that it has a good paying record).
ClessRV
post Sep 20 2016, 08:57 AM

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QUOTE(DarReNz @ Sep 19 2016, 08:52 PM)
do you have pbb card ?

yeah just do 2 BT then
CIMB -> Maybank
Maybank -> Aeon
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No, is it more worth? Haven't seen their promo yet.
ClessRV
post Oct 8 2016, 12:31 AM

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QUOTE(db07mufan @ Oct 8 2016, 12:24 AM)
Would need clarification.

Is there a minimum time I have to hold a AEON card before I can opt for the 6 months 0% BT. I would like to apply for the card and opt for the BT for my Maybank Credit Card
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We are on the same boat, no minimum time I think, activated my Aeon CC on 30th Sept, send an email to request for BT from Maybank on 2nd Oct, got call on the 4th (morning), approved on the same day (afternoon), total transfer is around 5.5k

However, it is still not reflected on my Maybank CC, although the amount already been credited to my Aeon CC, according to the website.

This post has been edited by ClessRV: Oct 8 2016, 12:33 AM
ClessRV
post Oct 12 2016, 06:52 PM

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anyone had successfully did their BT to Aeon?

I did mine, transfer MBB to Aeon, but is still not reflected on my MBB acc, got the sms of approved BT on the 5th.

Thank you.
ClessRV
post Oct 12 2016, 07:15 PM

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QUOTE(MGM @ Oct 12 2016, 07:00 PM)
Did d same on 7, approved on 10, n appeared in MBB on 12 but credited on 11.
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Thanks for the reply, it is updated on the Aeon website, but in M2U still not updated, don't know what's up, will try to call them tomorrow
ClessRV
post Oct 26 2016, 09:34 AM

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QUOTE(lowyat101 @ Oct 26 2016, 09:29 AM)
Tried to BT from my AEON CC to Maybank CC but under the M2U drop down list, AEON Credit is not listed. May I know if anyone managed to do this online?

[attachmentid=7869955]

Thanks
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I think this was mentioned few pages back, I believe it is because Aeon Credit is not a bank or something like that.

 

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