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

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jkngo2003
post Aug 23 2017, 10:36 AM

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any processing fee or stamp fee for balance transfer from mbb, aeon and pbe credit to other bank credit card?

if my credit limit is rm 8000 in aeon,
rm7000 in pbe
rm7000 in mbb,

how much bt balance i can apply for each bank. thanz

This post has been edited by jkngo2003: Aug 23 2017, 10:52 AM
jkngo2003
post Jul 8 2018, 04:20 PM

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QUOTE(fruitie @ Jul 7 2018, 03:04 PM)
Nope. I meant 1k minimum, previously required 15k minimum which I had exhausted most of my limit in previous BT and left with less than 15k.

Anyway, I transferred for real spending in MBB. No intention to transfer to CASA. biggrin.gif
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Monthly Payment Minimum 5% of payment due or MYR50, whichever is higher.

what it mean?

if i apply rm1200, do there any charge?

or i only need to pay rm100 to my credit card?

thanz for advice.

first time do bt
jkngo2003
post Jul 8 2018, 04:51 PM

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QUOTE(fruitie @ Jul 8 2018, 04:31 PM)
Only for HLB, you can pay minimum amount. Only pay total outstanding on the expiry date (can be seen on statement).

Take your example of RM 1.2k:
1st month - 1200*5% = 60
2nd month - 1140*5% = 57
3rd month - 1083*5% = 54.15
.
.
.
.
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12th month and pay minimum, only pay the remaining balance on expiry date.

In this way, you only need to pay minimum rather than full RM 100 per month.

P/s:Minimum payment is only applicable to HLB without incurring any interest.
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1. The payment is to the credit card balance?
2. If I spend rm500 for my credit card next month, and what should I pay ? Rm550 only?
jkngo2003
post Jul 8 2018, 08:37 PM

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QUOTE(fruitie @ Jul 8 2018, 06:53 PM)
For HLB, each BT comes with a new set of BT no. and it will not mix with your usual credit card spending. For your CC spending, you will still need to pay full statement balance by due date.

Only BT you can pay minimum amount.
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I get what you mean. Thank a lot.

If my credit card now spend rm5000 already, I notice hongleong have zero percent flexible payment. Do it worth to apply? Any hidden fee?

Thank again
jkngo2003
post Jul 9 2018, 08:20 AM

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QUOTE(fruitie @ Jul 8 2018, 09:00 PM)
Never applied before but I guess worth for it? However, I don't think you can pay minimum amount for this.
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Thank.
How long the money will go to my credit card?
Do I possible to do bt to my wife credit card?

This post has been edited by jkngo2003: Jul 9 2018, 08:28 AM
jkngo2003
post Jul 9 2018, 10:45 AM

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QUOTE(fruitie @ Jul 9 2018, 09:14 AM)
No need to add 0. I applied two days ago and previously, no issue to BT to AmEx.
It depends on banks, 2-3 days I supposed.
No, your card only.
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May I know supp card can do balance transfer?
jkngo2003
post Jul 9 2018, 02:34 PM

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QUOTE(fruitie @ Jul 9 2018, 11:37 AM)
Last I heard, can.

I suggest you to try BT on your own to have a feel how it works, rather than asking around without testing.
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Thank a lot for your advice . Miss
jkngo2003
post Jul 12 2018, 06:50 PM

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1. May I know which bank credit card allow to transfer the overpaid from balance transfer to bank account?

2. May I know can do balance transfer to prepaid card like bigpay or cimb lazada card?

Thanz
jkngo2003
post Jul 13 2018, 08:14 AM

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Post #6418
1. May I know which bank credit card allow to transfer the overpaid from balance transfer to bank account?

2. May I know can do balance transfer to prepaid card like bigpay or cimb lazada card?

3. Balance transfer to aeon card. Which bank I need to select coz no aeon bank in my balance transfer list?

Thanz
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jkngo2003
post Jul 16 2018, 11:09 AM

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Share my experience

I do balance transfer to cimb lazada cArd rm4800 and it successful.

In prepaid card, can do transfer to saving account.

However bank will call u to verify it and I refuse to verify due to unknown call and the card block.

I call back and reactive the card after 5 minute and all done.

Do it two times alr
jkngo2003
post Aug 30 2018, 11:36 AM

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QUOTE(ClarenceT @ Aug 30 2018, 11:22 AM)
Get a Bigpay Prepaid card. Withdraw cash from ATM.
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better use cimb prepaid card. direct transfer from prepaid card to saving account and use online banking to do fd alr.

no charge and can do it at home. dont need go atm.

CIMB lazada prepaid card is best card for bt
jkngo2003
post Aug 30 2018, 11:56 AM

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QUOTE(MGM @ Aug 30 2018, 11:51 AM)
TQVM, but already proven by yourself? thumbup.gif
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yes many times i do alr,
rm4800 i bt normally.
i do for hongleong bank, public bank 2 times.

all no problem.

everytimes i transfer money from lazada prepaid card to cimb bank account, i will get a call from cimb for verification only. no pick up the phone, the lazada prepaid card will be temporary blocked until u call to verify it(good security).

then i will transfer rm 4800 to myasnb to buy asw and get the dividen next week o. 6 percent only the dividen this time. quite sad.

attached with transition form lazada card to cimb account

This post has been edited by jkngo2003: Aug 30 2018, 12:01 PM


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jkngo2003
post Aug 31 2018, 12:51 AM

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QUOTE(pisang @ Aug 31 2018, 12:12 AM)
bro, the first step is to BT the fund from PBB (in your case) directly to CIMB-lazada prepaid? thankyou.
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Public bank credit card and honoring bank credit card I already transfer to cimb lazada prepaid card last month.

Yesterday, do bt from maybank to cimb lazada prepaid card and already money in my card already. Monday , transfer bank account again and buy asw
jkngo2003
post Oct 17 2018, 07:03 AM

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QUOTE(Jesse0916 @ Oct 16 2018, 10:11 PM)
Too bad.

I applied Maybank BT 0% to HLB Credit Card.
I am thinking to withdraw the excess payment from credit card, and made a call to HLB.

The CS insist that HLB is not allow to withdraw the excess payment from credit card now...Crying~

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Just do bt to cimb lazada prepaid card. Transfer the amount from lazada prepaid card immediately to saving account immediately without calling can charge. I do it many time already. But max for the quota each time is rm4900 coz limit for climb lazada card is rm5000
jkngo2003
post Jun 28 2019, 04:42 PM

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for the hong leong bank balance transfer, every month i pay the min for it.

how can i know which month is the last month to clear all the balance.

i worry i clear too early . will i be charge early settlement fee?

thanz
jkngo2003
post Jun 28 2019, 04:54 PM

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QUOTE(fruitie @ Jun 28 2019, 04:47 PM)
You will see in your statement which is the expiry date. Just make sure all outstanding is cleared on expiry date then OK. I use IBFT to pay off on the expiry date.
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i cannot find the expired date in the statement o. may i know at which area of the statement. i have done 3 bt for it and have three credit card number there
jkngo2003
post Jun 28 2019, 05:30 PM

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QUOTE(fruitie @ Jun 28 2019, 05:05 PM)
Refer to below image, red boxed.
user posted image
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My expired date is same as u.

So is that I only can do full payment after 29 June 2019?


I have be charge rm70 for one of my balance transfer where the expired date is 21july 2019 and I pay all of it at 14june 2019.

Rm70 is early settlement fee. Is that possible to ask for waiver? Coz I no intention to do early settlement and I pay 14 June 2019 coz I do the BT at 7th July 2018. Already one year pass.
jkngo2003
post Nov 1 2023, 02:22 PM

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may i know can i do a balance transfer from credit card to bigpay card?

thanks for info

 

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