Plenty painful lar this HLB BT 0%
Mine ends on 12th Nov - alo SUNDAY leh
Instant Bank Transfer pun xjalan
They said use ATM cash deposit lor.. good gawd..

er.. nope, it's MYR70 no matter what coz didn't close / pay off by 12th.
i TRIPLE-checked on 3 different days & time, with 3 different CS

and.. yes, i'm a cheap charlie
MYR70 is painful although one can make MYR613+/- from FD or FSM's money management fund of 3.5%pa

HSBC?
"Plan ahead for your next adventure. Get up to RM12,000 at 0% interest1 with Cash Instalment Plan for 12 months when you apply together with a new HSBC Credit Card."
https://sp.hsbc.com.my/zero?utm_source=INT_...710:003:CIPZero

This post has been edited by wongmunkeong: Nov 2 2017, 07:17 PM

-double post- deleted

This post has been edited by wongmunkeong: Nov 2 2017, 07:16 PM

Of course it works.. the transfer OCCURS NEXT DAY
See sceenshots of CIMB & MBB. Even Citibank, Public Bank and others that i use states similar stuff for public holidays & weekends' instant bank transfers.
.. er.. unless of course U own the bank or U're a Dato Seri?
or perhaps an offshore bank that is 48 hours behind GMT +8 (MY time)?

hm.. my apologies - when i clicked on the "?" icons or data for IBT, it comes with the IBG data as well.

Let me test this coming 12th - worse case scenario, was planning to use HLB"s Fortune cash back accumulated in some HLB holding a/c to transfer (unsure possible or not). Idea from MUM - thanks.

Yeah - this was my experience between Bank A to Bank B.
Deducted from Bank A's account but never showed up in Bank B's account until working day. Transfer was done at 11am
Thus, i read the "?" clauses and noticed some statement about weekend / PH BUT then again, both IBT & IBG clauses was in the same "?". I may need more coffee

This post has been edited by wongmunkeong: Nov 3 2017, 08:27 AM

I took Ambank's BT earlier this year (Jan/Feb) - nope, needn't provide invoice/statement from other banks' credit cards.
Yup, i received the freebie as new card application too

Nah, i wouldn't say fraud lar - just the T&C are SOOOO specific though when informed over the phone, sounds like as per norm BT pay "when statement comes". Maybe i didn't catch the word "pay on statement date" nuance

HLB just gave me a call yesterday - asking if i want "another round" hehe.
Yeah - why not BUT they said additional T&C - not 6 months but shorter.
dang.. not worth the juggling VS the time-value of money

This post has been edited by wongmunkeong: Nov 4 2017, 05:25 PM

sorry to butt in - just sharing

same info from Cust Service - last payment should be on expiry day
mine was last Sun
i paid via Instant Bank Transfer (MBB, Citi's doesnt work dunno why)

after that, Mon the HLB's BL account went missing from my online accounts, ie. closed and "game over".


PB's BT:
1. Minimum $2K
eg
a. if U have 1 or more credit cards from MBB, totalling >=$2K, no problem for transfer to that 1 bank
b. if U have 1 or more credit cards from X bank, totalling <$2K, cannot transfer to that 1 bank
c. i have 2 cards with MBB totalling $7k
+3 cards with CIMB totalling $1.9K
+1 cards with Ambank $3K,
thus, i can only BT for MBB $7K and Ambank for $3K

2. They've a form to fill up - download it, print out, fill in, sign, scan & email JUST THE FORM (no other docs)
As fast as MBB online!
i did on 13th morning (emailed), 15th PB already paid my other credit cards.

Hope the above helps clarify / is useful

This post has been edited by wongmunkeong: Nov 17 2017, 11:21 AM

double posted - deleted

This post has been edited by wongmunkeong: Nov 17 2017, 11:20 AM

Your example = 3 credit cards from same bank's credit cards?
Yes, PB will approve ALL 3 as long as total >=$2K

Whether U over pay 1 card, then call MBB to transfer to the others, doesnt matter kua.
I usually transfer using rounded up to last $.

This post has been edited by wongmunkeong: Nov 17 2017, 05:19 PM

Assuming U tried online application for MBB's BT, have U tried calling Cust Service and ask how much U can apply for first, BEFORE applying online?
There are calculations involved on how much U can BT.

Reapply: Thus far, HLB called and offered me for ONLY 3 months.. there are no online / card holder application that i noticed
Expiry date: My statement for the special HLB's BT account has it

No options to upload any docs for MBB's BT application online and they never requested - i've done like.. er.. 6 to 8 now

the snapshot shows "Reject code" 0C07,
NOT "Error code" - as a techie/developer, it means very different stuff.
eg - there is no system / formula error BUT there is a validation or issues that does not allow the system to auto-accept your application, maybe due to your amount of usable credit OR the balance transfered.

Just sharing my experience with the new HLB ONLINE BALANCE TRANSFER application:
1. Applied on Mon morning 9am+

2. Email confirmation application approved - unlike MBB's online application, which states that the application is approved in principle BUT have to wait for confirmation.

3. Tue, new/separate BT account created in HLB for (1.)
4. Wed, $ received by PB & MBB

So, based on the above VS MBB VS PB.. omg.. FTL (Faster Than Light) comparatively. I thought MBB was fast..
BUT painful to manage BTs in HLB coz separate BT accounts for EACH BT application.

My apologies in advance if it's a dumb or previously answered Q below (i searched this thread but my keywords didnt get useful stuff +read page 1):

Facts i've checked/tested:
1. Regarding HLB's BT, where each BT has its own account number which is NOT Visa or Mastercard "card code"

2. MBB online BT & PB manual form BT does not allow non-Visa/Mastercard numbers or accounts to be used for their BT application

Question:
3. Thus, how do U guys/gals use BT to pay HLB's BT?
Other than the obvious BT to overpay HLB credit card itself,
then call in and request to transfer amounts to each BT coz each BT different a/c # - which is "painful" when i've several BTs

Keen to simplify

This post has been edited by wongmunkeong: Feb 20 2018, 02:39 PM

huh, U manage to get PBB to pay HLB's BT account starting with 80******?
PBB = Public Bank, right?
Thanks for the info - i'll test it out heheh.

I called PB twice, 2 different days to test - same response, as long as not credit card numbering (they have some structure sequence), cannot accept the application form. Maybe SOP vs practice differs

Yeah, MBB online BT - i pay to my HLB card then call HLB to move excess to the BT account - i've no CASA account with HLB
MBB manual form BT.. i try to avoid due to speed (lack of)

This post has been edited by wongmunkeong: Feb 20 2018, 05:25 PM

my experience:
MBB online BT application to pay HLB CC --> call HLB to transfer excess to HLB BT --> 4 or more working days later, then only can see in HLB BT
note the WORKING DAYS lead time, thus "last minutes" sure kaput wan

Just to share a good surprise experience with HSBC Amanah credit card:
1. I called to check if there's any 0% BT or cash offer

2. Call centre staff said none

3. Thus, I asked to cancel the card since there's yearly fees

4. Call transferred to Card Cancellation (i think better word = Customer Retention) dept

5. I was asked why i wish to cancel & i shared truthfully on (1.) +(3.). Straight away offered "special" 0% with no fees 12 mths BT to any banks' credit card, to be executed on the spot
Lead time to approval/decline decision: 10 working days but usually around 5
Lead time to be banked into the other banks' account: 10 working days from approval

However, there are some stuff that could have been better, eg.
6. BT amount offered was quite miserable, MYR10K only

7. And, nice of the lady (Ezati) for highlighting it to me, after the BT, whatever amount i spend using the card WILL ATTRACT INTEREST from the day i charged it till the day i pay it off. This is unlike other cards like MBB, HLB & PB
Watch out folks - very painful if U are not paying attention or aware.

Anyhow, nice feeling from their new approach + may be useful to those having HSBC credit cards and lamenting no BT, thus sharing
Previously (about 3 to 4 years back) - horrendously hard to get & deal with even the frontliners of Customer Service / Call Centre

OMG... i feel your pain & anger.

Citi has the bad juju to take advantage of its customers - i kena before too via Cash on Call.

Just to share - i ALWAYS received annual fee waivers UNTIL i took their cash on call (effective rate 4.9%pa, worth it to finance my FIT solar project).
The moment i took - Citi started charging me annual fees or 50% of it
AND
after 3 to 4 years (paid off cash on call), again Citi started waiving my annual fees.
They KNOW i'm on the hook via Cash on Call - there are detrimental charges for early settlement, thus took the opportunity to whack me for the annual fees.

If i ever consider any of Citi's offers again, i'll be booking in the extra costs to ensure it's worthwhile

no wonder HLB fix the max to $49.9K to matter how high one's credit.
Oh well, lower BT but higher returns until month 12

eh? U stated HLB's online BT is the same as HLB's manual/call BT in terms of paying monthly only 5% and NOT equal payments monthly, then last payment one lump sum to be paid back
VS
normal BTs from MBB & PB is equal payment monthly or else interest charged.

Thus, based on the above, i can guess why HLB limited the online BT to $49.9K per person
VS
the usual BTs from banks which is 80% of credit available, ie. based on one's credit limit available.

IMHO, dollar for dollar, even though lower BT offered, HLB's still worthwhile coz if we pay less per month, we still get to use the difference for investments, biz, FD, etc mar