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

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extinct_83
post Mar 21 2017, 02:06 PM

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Hi All - does anyone knows how long it would take if apply MBB BT using form and email to mbbcardservices@maybank.com.my? Thanks :-)
extinct_83
post Mar 21 2017, 03:26 PM

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QUOTE(fruitie @ Mar 21 2017, 03:56 PM)
I tried before twice from submitting to bank receiving fund around a week.
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Thanks Fruitie - is the approval result from bank takes a week as well?
extinct_83
post Mar 21 2017, 04:18 PM

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QUOTE(fruitie @ Mar 21 2017, 04:57 PM)
Nope, I got within 3 days. Despite I followed up on the second day after submission.
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Wow - that's really quick. I just called the card centre that they said they require 10 working days to process. Is it because I submit using form, therefore is slower?
extinct_83
post Mar 21 2017, 04:28 PM

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QUOTE(fruitie @ Mar 21 2017, 05:20 PM)
I mentioned earlier, 1 week using form. smile.gif
So what I shared with you was using manual form. smile.gif

If I use M2U, applied today and the other bank already got fund next day. I only tried once and it was last week.
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I see - now I got the whole picture. Sorry I was misunderstood just now! I have just applied and see what's happen.
extinct_83
post Mar 21 2017, 08:05 PM

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QUOTE(mamamia @ Mar 21 2017, 07:20 PM)
My recent application timeline:

14 march 9+am email to MBB
15 March 8+am received email from MBB saying has fwd to respective dept to process
16 March 6+pm received SMS on BT approved
17 March 10+am received SMS on fund transferred to PBB n SCB
17 March 6+pm fund posted to PBB under unbilled.
18 March fund posted to SCB, txn date is 17 March.
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Thank you so much mamamia rclxms.gif
extinct_83
post Apr 5 2017, 04:40 PM

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I got a call frm HLB today offering 0% for 6 months BT. Anyone got a same call? I still think MBB offer is better for BT 0% for 12 months
extinct_83
post Apr 6 2017, 12:50 AM

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QUOTE(mamamia @ Apr 6 2017, 12:25 AM)
Is it normal BT or BT Plus which u can transfer to CASA?
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Normal BT from other bank to HLB
extinct_83
post Apr 6 2017, 05:10 PM

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QUOTE(mamamia @ Apr 6 2017, 10:10 AM)
r both of u just get HLB card recently?
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I just got the card for a bout 3 weeks
extinct_83
post Apr 6 2017, 05:41 PM

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Do you know how much that you can perform BT for the MBB card? 50% of the credit limit, 80% max?
extinct_83
post Apr 6 2017, 06:27 PM

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QUOTE(lilsunflower @ Apr 6 2017, 06:57 PM)
In my experience, I have gone up to 97% (I only used the card for BT and no retail transactions).

Or easiest way is to check your M2U to see your "maximum limit".
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I see.. that's good to know. Thanks!!!
extinct_83
post Apr 13 2017, 02:03 PM

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QUOTE(hwachong @ Apr 13 2017, 01:16 PM)
13/4 received waiver
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I think it would still be good to apply mannualy using form because you can for sure that the MBB BT approved without deducting the upfront at the first place. It took probably 3-4 days from application until the money transfered to the othe card (within working week - will be longer if you submit on Friday).
extinct_83
post Apr 28 2017, 05:45 PM

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QUOTE(pvateme @ Apr 28 2017, 03:27 PM)
i applied BT on pb quantum master card. received SMS "cannot be processed". Not sure what does it means. never bother to call them to verify.

anyone applied on pb quantum ?
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I tried the FlexiPay 12 mths 0% via e-mail and it was approved using PB Quantum MC
extinct_83
post May 4 2017, 09:45 AM

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Hi all - does anyone knows what is the maximum capacity for BT of a card? Can we go up tp 90% of the card limit?
extinct_83
post May 10 2017, 02:02 PM

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I just made a balance transfer from HLB to other banks. Is a bit different with other bank that the BT has a different account (not attach with the CC statement). Any payment that not following the due date for the BT will be charged 18% per annum.
extinct_83
post May 12 2017, 12:11 AM

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QUOTE(guy3288 @ May 12 2017, 12:38 AM)
Thanks indeed both of  you were right and i managed to squeeze in another BT on 9.5.2017 using up my CL to the max.
I also applied for increase in Credit limit as 0% BT from HLB is rare opportunity.

Just now i simply checked online and found HLB has added extra RM30k to my CL,
quickly called to HLB CS, i want to do another BT but CS told me that offer already closed.

However, he offered me a better deal so i share with you guys here.

There is now a 6 month interest free loan from HLB! No fee, zero ineterst 6 month!
Just apply over the phone and money will be transferred to your bank Saving Account direct!
To me this is even better than BT to credit card and hassle to get refund, so i whack all the extra to the max.
From what i understood -1st month to 5th month, pay at least 5% oustanding,
6th month must pay all remaining  on exact expiry date, pay early penalty RM70,pay late interest 18% of remaining 
Say you take RM10k, i supposed the  installment is like this

Month 1 - RM500
Month 2 - RM475
Month 3 - RM451.25
Month 4 - RM428.69
Month 5 - RM407.25
say the expiry date is 30.11.2017, then you must pay balance RM7737.81 on the dot - 30.11.2017 to avoid
unnecessary charges.
that will defeat the purpose of 0% BT
Yes bank is hoping that i cannot pay up and get 18% interest .
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So if I pay on 29.11.2017 - I will get penalty charges of RM 70? Is that what you mean to pay on the dot of 30.11.2017?
extinct_83
post May 14 2017, 11:17 AM

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QUOTE(sj0217 @ May 13 2017, 09:15 PM)
I have recently get approved from HL BT and the expired is on six months later which is 1/11/2017, and my statement date is on every 1st of the month, so what I was thinking that start date from 1/6 until 1/11 as for my case

Your statement on 31st every month ??
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Hi - I have a same 6 months BT from HLB and it showed expiry date 11/2049 (not sure why). Would that be the same like any other BT that the total amount will be paid monthly or can be paid whatever amount within the first 5 months and complete the payment on the 6th (on the dot of the statement date)?

extinct_83
post Aug 27 2017, 11:56 AM

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QUOTE(SzeMeng76 @ Aug 27 2017, 09:52 AM)
http://www.cimbbank.com.my/en/personal/pro...r-campaign.html

Maximise interest savings with CIMB Bank 0% Balance Transfer!
Exclusively for new CIMB Bank credit cardmembers! Transfer your balances from your other bank credit cards to your brand-new CIMB Bank credit card!

TnC : http://www.cimbbank.com.my/content/dam/cim...fer_TnC_ENG.pdf
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Great Information. Thanks a lot.
extinct_83
post Sep 26 2017, 06:56 PM

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Did anyone received SMS from stating that BT from HLB/RHB/Ambank/AllianceBank get 0.5% cashback?
extinct_83
post Oct 21 2017, 11:32 AM

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Hi All, anyone received sms that BT MB from HLB, AmBank etc. and gets 0.5% cash rebate?
extinct_83
post Oct 21 2017, 12:19 PM

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QUOTE(lamode @ Oct 21 2017, 12:38 PM)
no. why don't you share the details here?
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I just received SMS and I did BT last 2 weeks but not seen any cashback yet..

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