Hi,

I have taken BT to the whole new level. Right now i have applied

1) Aeon CC
2) Public Bank CC
3) BSN CC

And soon i may wanna apply Affin (quite interest their 7% one time for 36mths repayment plan, that would translate into 2.4% below per annual which is very ideal for me.)

Any other CC that highly recommended?

Just notice Alliance Bank has 4% 24mths, oh my that might be another to get list lol.

I understand that we cant BT to supplementary card (experience from Public Bank, Alliance Bank) but can we BT from Mr.A's supplementary card to Mr.A's principal card?

Regarding HSBC's BT program, let say I have RM3,000 (1st BT) with HSBC at 0% for 3mths . If I do another BT of RM5,000 without clearing my 1st BT (outstanding still have RM2,000), will I get interest charge? This is because I understand that there is no more 20 days interest free after having 1st BT and everyone would suggest to keep the card in drawer. I will call CS to confirm, but at the mean time, appreciate any advice or experience HSBC BT user. Thank you in advance!

ops, I was referring front page and didnt see clearly that it is no longer available. thanks for pointing it out 
I just did some searching, i cant find any BT plan for Affin (unable to access their official website) and im not sure whether Ringgit Plus or Imoney is correct. 

thanks for the link.

Its not silly at all, for 36mths u only pay for 7%, thats effective rate of 2.33% per annual.

I will prolly max up affin balance transfer 1st, and slowly pay it for 3 years.

BSN comes second (24mth @ 4.5%) and 3rd would be PBB (24mth @ 5%).

AEON will be last for short term cash rolling. 

Mind to elaborate it?

Now u caught my attention. How do they calculate the interest rate?

Don't jump the gun. 7% is the up-front fee for 36 months, which equivalent to flat rate of 2.33% pa or effective rate of about 4.7% pa, which isn't bad compare to credit card debt at 18% or ahlong.

It is      that someone said to bring balance transfer to whole new level but couldn't differentiate between flat rate and effective rate.

Aiya i am not professional in financial. Learning together mar. As i said if the average less than 3% per annual i will not hesitate to get it. I still do not understand how he cals the rate.

Dude just spoken to Affin Bank staff, he said that up front is only once so 7% (36mths tenure) for ur total BT value.

Lets say u BT RM10 k
Up front payment is RM700
Ur principle will be split into 36mths which is average RM277.78 per mth.

For others i am not sure yet. Anyway thanks for pointing it out.

hello mates, i saw that the cheapest BT is aeon cc? is there any annual fees or bank charges? i do not have any aeon CC now. any other cc that have 0% interest and maybe 0% fees and no bank charges at all ? be it annual fees or watever fees?

Any bank can have balance transfer (one lump sum) without any instalment plan?

The objective is to transfer from credit card A to B, then to C, then back to A again for the purpose of cash management 

It does help but let me give you another scenario.

I owe 60K to bank A. I don't have 10K for the first 6 months. I will have 60K after 6 months.

So by balance transfer from A, to B, to C, then back to A, to B and to C, I will have enough to settle full payment without having interest for the first 6 months. Don't know if it's possible or not.

Sorry if this promo has been shown b4:

http://www.maybank2u.com.my/mbb_info/m2u/p.../PRO-Promotions

Upfront fee of 3% for Balance Transfer 0% p.a 12 months is waived 2% during the Campaign period

So funny statement.. Only waive 2%

They will deduct 3% first month and rebate back the 2% on the following month.

Ok guys i didnt understand the FAQ number 4. Can anyone explain it further? I give example for me to easy understand.
Lets say my cc credit limit is 5000. And I used 3000 so my credit left 2000. If  I want BT (disregard bank choices) only 80% right? So the max I can BT is 80%x3000 or 80%x2000?

After a few readings I get confused again and my previous question seems incorrect. Again I give an example.
I got 2 cards, A and B
Card A has CL 5k and card B 10k
I charged my card A 3000
I want to BT 3000 from card A to card B
We are only allowed 80% of CL to be BT correct? CL of the card that we want to transfer(card B)?
So technically i can BT full amount of 3000 to card B is it?

hi, would like to know after bt approved. what next? the bank will directly pay the other bank or how? thanks