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

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westlife
post May 16 2017, 09:37 PM

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just applied another one under my mastercard. biggrin.gif

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westlife
post May 16 2017, 09:40 PM

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QUOTE(lamode @ May 12 2017, 01:55 PM)
my experience is within the same day for the approval SMS.
what is worth the last campaign with 3.2 mil lasted 3.5 mths.
this time 7.4 mil started 1st march, i guess we should be safe til july or so....
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u may not know when will it be expired. if there is any, just applied. anyway 12 months free is very attractive. good enough to pay off any other bank balance.

if u apply online, it will show whether the upfront fee waiver is still available, if u see it, it should be safe. even u call, if CSO confirms that it is still available, it should be safe too. even during processing time, it becomes no more.
westlife
post May 17 2017, 05:43 AM

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QUOTE(MiKE7LIM @ May 17 2017, 12:27 AM)
have you successfully got the BT?
I have several BT request via M2U  ... all got rejected  confused.gif

100% prompt cc payment...few deposits...m2u savers-i saving ...etc

aikss..seem like need snap shoot other cc statement and send in via email...sigh
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past two times all approved.

this is the 3rd time i applied.

i had recently requested to permanently increase my credit limit also one week ago. got 15k extra credit limit approved. thumbsup.gif
westlife
post May 17 2017, 05:44 AM

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QUOTE(red_scorpion @ May 17 2017, 01:04 AM)
earlier this month i made a balance transfer for pbb to mbb.
then can I make another balance transfer for mbb to my pbb back?
can right? we can transfer between 2 bank credit card as long as there is limit available and they approve, right?
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can of course.
westlife
post May 17 2017, 06:20 AM

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QUOTE(MiKE7LIM @ May 17 2017, 12:27 AM)
have you successfully got the BT?
I have several BT request via M2U  ... all got rejected  confused.gif

100% prompt cc payment...few deposits...m2u savers-i saving ...etc

aikss..seem like need snap shoot other cc statement and send in via email...sigh
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ur rejection is immediately shown after submit or?

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westlife
post May 17 2017, 12:46 PM

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QUOTE(SzeMeng76 @ May 17 2017, 09:33 AM)
I also got this and email of "Approved in Principal".
But still not shown in my cc balance,
and wanted transfer cc balance still unclear for other banks,
wonder is it still pending, not approved as mentioned  blink.gif

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and do anyone try PBB balance transfer? I just submitted I think it's approved,
because I saw first installment being charged in my latest unbilled transaction,
but my transferred balance in MBB (i transfer MBB balance to PBB) still there,
is it just MBB haven't update? feel curious
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MBB after applied, it will still take few days to process, before you can see the fund deducted from credit limit and even credit into the account requested for transfer.

it can take up to 1 week++.
westlife
post May 17 2017, 02:20 PM

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QUOTE(SzeMeng76 @ May 17 2017, 02:05 PM)
ok thanks for info, I shall wait for 1 weeks+. now maybe it's 4th day.
But still yet to receive any notification and m2u cannot see deducted balance.

but on the hand, my PBB balance transfer had deducted my 1st installment,
which to settle MBB cc balance,
but cc balance still there in MBB. blink.gif

and recently I got new card approved in Hong Leong Bank.
Bank now having offer for new cardholder,
not necessary it's balance transfer, it's more like cash withdraw.
Because I call for apply balance transfer, staff tell me the offer,
will transfer the amount to your saving accounts and you can settle the CC balance yourself.
It's 0% interest 0% upfront fee for 6 months (not fixed instalment, it's reducing balance instalment, you can pay at least 5% of transferred amount per month, but in the last 6th month but settle all balance.)
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nice le. like that it is the same as cash advance from credit limit but without paying interest and fee.
westlife
post May 17 2017, 09:14 PM

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QUOTE(am_i_rulez @ May 17 2017, 04:34 PM)
I have 2 credit card which total around rm8000. I want to restructure my credit card and apply several balance transfer programme under different bank, all got rejected. I don't know what to do anymore. Both credit card is almost limit, and i only pay minimum payment every month. I still use the card for petrol though, and nothing else. Anybody can advise me anything?
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likely that you have bad credit records or income info do not meet their requirements in their views that's why they did not approve it.
westlife
post May 18 2017, 06:10 AM

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QUOTE(MiKE7LIM @ May 18 2017, 12:58 AM)
got preliminary approval upon request...official rejection after a few days.
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for urs? tongue.gif
westlife
post May 18 2017, 02:15 PM

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QUOTE(SzeMeng76 @ May 18 2017, 12:05 PM)
in fact, (for my case)
PBB balance transfer is the fastest, in 2 days.
MBB balance transfer already the 4th day, still not receiving any sms/email for the official approval.. (I done in m2u) :/ (my statement due on 2 of June btw)

edited : finally get the approval email from MBB smile.gif
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MBB: more than 1 week to process. so it is normal.
westlife
post May 18 2017, 04:32 PM

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Approved Liao so fast.
westlife
post May 18 2017, 06:32 PM

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RM0.00 Maybankard:We are pleased to inform that your STP request for Balance Transfer appl is approved.Thank You
westlife
post May 21 2017, 11:14 AM

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QUOTE(fruitie @ May 21 2017, 12:00 AM)
Many tried before. I only tried once with Maybank, no issue.
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For this Maybank 0% balance transfer, with upfront fee waived, can actually transfer to other bank savings account to enjoy free cash?
westlife
post May 21 2017, 02:51 PM

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QUOTE(fruitie @ May 21 2017, 01:11 PM)
If the other bank allows you to transfer the excess to your savings account.
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Scb allows. Can even transfer to other bank since I do not have savings account with them.
Troublesome part is need to write in to them to explain the excess and make the transfer request.
westlife
post Jun 7 2017, 10:47 PM

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Mine 19 may had the BT approved. Tilll now no see of the waiver of the fee yet.
westlife
post Jun 17 2017, 12:48 AM

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For Maybank Bt, if there is existing BT 0% interest installment, can still apply for other BT under the same card?
westlife
post Jun 17 2017, 02:06 PM

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QUOTE(fruitie @ Jun 17 2017, 02:27 AM)
Yes. I have four running 0% BT under the same card.
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Ic. That's good. Then I can buy things using other bank credit card and then just apply for Maybank BT to indirectly 'convert' to 0% interest 12 months installment.
westlife
post Jun 17 2017, 02:09 PM

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QUOTE(chiahau @ Jun 17 2017, 01:57 PM)
This only applies to HSBC card.

Maybank and Pbb good to go as long as you settle statement in full.

I have 3 BT in my maybank cards, never once got charged any interest.
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Yes good thing for Maybank BT they just treat it just a installment purchase in the credit card and just need to pay the installment amount monthly in full.

Cards can still be used as per normal.
westlife
post Jun 18 2017, 12:04 PM

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QUOTE(labtec @ Jun 18 2017, 11:40 AM)
so conclusion that we can still use the credit card during BT and as long as settle the BT installment and settle statement account won't be charge interest right?
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for maybank confirmed yes, but others it depends on the bank.

This post has been edited by westlife: Jun 18 2017, 12:05 PM
westlife
post Jun 28 2017, 06:07 PM

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Just applied the 3rd time of Maybank balance transfer again. 0% interest and waiver 3% fee for 12 months. 19 minutes later already received email saying it is approved. Getting faster and faster.

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