it gets more scary when you said you want to take BT to whole new level.

Bear in mind, bank is in the market to make money out of you. you need to read up.

The affin bank 7% over 36months, should be at about 4-5% per year effective interest rate (EIR). BSN and PBB the EIR is about 8% - 9+% per year. if you don't need the BT, then these are not for you. if you do need it, it is better than paying 18% p.a. to the bank on the outstanding balance of your credit card.

https://loanstreet.com.my/learning-centre/i...e-flat-interest

https://loanstreet.com.my/calculator/flat-t...rest-calculator

This post has been edited by adele123: Apr 18 2016, 09:12 AM

bearbear already knows how to calculate... it's you who do not understand.

read the links i posted earlier... if you have read, you would have known how the banks calculate..

all the banks calculate the same way...

out of curiousity, seems like the fellow forummers here quite fearless... the fee waiver got quota leh.

RM3.6million means only RM120million worth of balance transfer...

I wanted to but, after seeing that quota, i think twice...

Was abit late to the party. Just read previous posts that statement not required if m2u. Or just trabsaction page only for email... then I can do now lo. Thought have to wait till mt stmt date.


Good lcuk to us all

Applied 2pm on 20th, approved with sms received at 6pm, email was abit later at 8pm though. Money transferred by mbb on 21st, reflected on 22nd. Account in credit status. Btw, anyone tried withdrawing the ‘credit’ from uob? What sort of excuses you give if the CS ask? Wanna avoid suspicion.

since someone tried citibank but failed...

Btw, how long did it take for the reversal to be given?

3 days to get excess balance from citibank?

any special proof required to be submitted like other ppl mention for other banks?

aiya, okay, i will need to show proof of payment. Any charges?


Mine is almost 3 weeks... belum dapat lagi... applied and approved on 20th dec

This post has been edited by adele123: Jan 9 2017, 03:40 PM

mine was applied and approved 20th... Just check m2u this morning, they have credited back (based on my O/S balance).

I still can't view the reversal transaction under transaction history. so ya, not sure if yours will be in the same time as mine.

So... my boyfriend did that, to the HLB CC, using the maybank promo. Well, it's annoying because the amount is not small.

First phone call to CS, CS said it's OK, will transfer to HLB CASA.

2nd phone call from CS, CS said have to come from the original bank.

3rd phone call from CS, CS said have to transfer back to the maybank CC. we just give up. future expenses will be diverted to the HLB CC

Just last week. Could be the CS?

actually i still cannot figure out maybank's formula... if i max out on 2nd bt, i will be using 97% of my credit limit (including the little retail amount i swipe recently)

customer retention... it's similar to those banks which offers RMxx amount if they don't cancel their card within xx period.

different form of rewarding us, that's all.

Friend has similar experience. It still depends pn your creditworthiness i think, to a certain extent, because my friend who got rejected had car loan and also instalment on the mbb card.

applied in m2u at 1.48pm, sms approval received at 6.03pm...

thanks maybank for another bt...

now fast fast give me waiver fee back...

this is 2nd time doing

1st time doing... it took 20+ days. I think i missed the cutoff for the earlier batch.

since they do it by batch. my friend who apply about 10 days later, got it on the same day as me.

Interest is 7.99% * 7200 = 575.28

Principal + Interest = 7775.28

Repayment per month = 7775.28 / 12 = 647.94

Please be aware that effective interest rate is 14.43%. Not much savings from 18% pa credit card interest rate.

Btw, for those who applied via m2u for the promo starting march 2017, anyone got their refund yet?

even assuming those applying on the 1st, well, the 30 days has been reached. Just checking. my application was on the 9th.

Actually, mbb can see only outstanding I believe. If every month pay above minimum, ccris still show 0. So, if his record not nice, can be rejected. Even if cc approved, bt may be rejected. But in his case better to try lo.

Thanks for the heads up.

Same here. Received fee waiver, bt approved 8 March.