Hi sifu's I went through the balance transfer offering on 1st page but not so clear as am new to balance transfer. To cut long story short, if hutang 3k want to settle in 12 mth which is the better plan, please suggest

ok so im looking at :


1) Public Bank : 1 yr, one time 2.5% fee, Min - 1k per bank, Valid Until : 30/6/2012 (extended until further notice)

2) BSN : 12 mths, 0% fee, 0.3% interest/mth w/ 0% last 6 mths, Min - RM 1k per bank, Valid Until : 30/4/2013 (but BSN say so far always auto extend)

For no 1 if follow the scenario above can I assume RM1K + 2.5% (1 time) = 1025, then RM1025/12mth = RM85.42 per month.

For no 2 follow again same scenario, RM1K + (0.3% x 6) = 1018, next 6 mtn no interest so RM1018/12mth = RM84.83 per month.

Just to confirm my the above calculation correct or not, if yes then look like save a bit on option no 2, hope not left out anything like hidden charges...