hi all,

I need to understand more about this balance transfer. I planning to transfer my balance from maybank to EON card. Around 2k for 12 months.

I wanna know whether below statement is still true for EON Balance Transfer.



What I wanna confirm whether if I charge the new charges to the card I won't be able to paid those charges until finish my balance transfer amount.

I thought EON Bank will be different coz below term



I read that as, the bank will provide you with new account number which separate from normal CC balance. Meaning I can allocated my payment to either normal charges or those monthly charges for my balance transfer.

I will ask EON directly but prefer to hear from others first..

Thanks

hi, u may want to try eonbank they have this feature :

My Payment Plan
Get that extra edge when you shop and bank on us to take care of all your purchases at anywhere and anytime with your EON Bank Group Credit Cards ‘My Payment Plan’. Just call our Customer Service Hotline within 30 days of purchase or before your next credit card statement, whichever is earlier to arrange for the installment plan of your choice of up to 36 months.

but there is a handling fee charge

Yesterday night I got Hong Leong Bank Credit Card , I quite like the design

lol i also got it from maybank. amount 2k. monthly instalment 333.33 x 6 months. cash advance fee 77.60.

that means we are getting 1922.40, but paying 1999.98 over 6 months.

Anybody aware of Maybankard CashTreats? New dirty tricks from Maybank?

URL: http://www.maybank2u.com.my/mbb_info/m2u/p...sonal/CRD-Cards

I found out that the cash advance fee being charged is lower than the usual standard charge:

hi all forumers...i wanna ask how to transfer my maybank credit card balance to my bank rakyat credit card-i ?

Call bank rakyat CS. Normally you need to fill in application form.

so how to calculate the effective interest rate per annum? n got any other hidden charges?

From my understanding, it may not have any extra or hidden charge. Pay the cash advance fee (one time) and the amount will be converted into installament programme. These are my guess only. To clarify, give a call to MBB CS.

Cash On Treat the new Maybank ripoff tactics. Looking at their 8.88& per annum + RM100 processing fee for every approved application is totally bullshits

hi guys, need help to calculate how the bank charge interest here.

let say this month i swipe 3 times of RM1000, so the total bill will be RM3000.

and the statement come, i only pay the RM50 minimum payment, isit RM3000 x 13.5% or RM2950 x 13.5% ?

also what if i pay RM1500? isit RM1500 x 13.5% or RM2000 x 13.5%?

thanks

They calculate interest based on remaining balance...

For most credit cards, compound interest is charged on the entire transacted amount till date of full repayment, including any amount repaid before the entire amount is repaid. This means that until the entire RM3000 is repaid, the interest charged will be the same, no matter the interim repayment amount.

I dont know how your min payment can only be RM50 unless if your purchase of RM2k is after your cut off date

if you got leftover debt from previous month, then interest is calculated daily. if no debt then if should be RM2950 x 13.5%

3rd Q = daily interest as well and I dont know where you get the RM2000 x 13.5% from.

well here is the doubt, the interest is charged on the leftover or charged on the amount of transaction?

means, i paid rm1500, so 1 transaction cleared but 2nd transaction only paid half, so interest is charged on the full amount(RM1000) or on the leftover(RM500)?

Stop promoting balance transfer, cash advance, easy payment and minimum payment here! If you are not good paymasters, those things will cause your debts snowball rapidly, make you poorer and lure you to trap into financial trouble. In the end, banks will be the only winners and you will always be losers!!

@skincladalien,
Interest is charged on outstanding unpaid amount. In this instance, it would be RM500.

hello there.. anybody know about esave??

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Added on June 10, 2009, 11:10 amif somebody out there have experience with esave.. please share here.. i'm still considering want to get esave help or not..

This post has been edited by lieck: Jun 10 2009, 11:10 AM

esave ... you mean esaver ?
esave is not a known cc product. esaver is a banking account product ... you got the wrong thread my friend to ask for help.