With AmBank Balance Transfer, you can you can easily clear your debts fast by transferring them to another credit cards. AmBank Balance Transfer programme charges lower rates on credit card balance transfer and offers flexible repayments tenures with nominal management fees? By using this balance transfer service offered by AmBank, you can transfer a part or all your debt from one credit card to another. This helps you save money by saving on credit card interest payments. AmBank offers three balance transfer plans for credit cards which are Plan A, Plan B and Plan C.
The AmBank AM Transfer service comes with a lot of attractive features. Listed below are the main features of AM Transfer:
A credit card holder can enjoy the following benefits by opting for AmBank AM Transfer:
The following interest rates are applicable for the three different balance transfer plans offered by AmBank:
|Plan names||Interest Rate||Repayment tenure||Minimum Transfer amount|
*** The above-mentioned interest charged by AmBank on credit transfer are subject to change from time to time.
You can apply for AmBank AM Transfer by following the below mentioned steps:
Now, you can save a lot with AmBank's Balance transfer Quick Cash program. Transfer your cards outstanding balance to your AmBank Credit Card without paying any processing fees.
Offer Validity: The offer would remain valid till 31st December, 2016.
How to apply: You can apply for it by visiting the nearest branch of AmBank or calling them. It’s a simple and hassle free period.
The minimum transfer amount depends on the repayment tenure you choose. For example, if you choose a repayment tenure of 6 months, your minimum repayment tenure will be RM1000.
An amount of RM100 is applicable on AM Transfer.
The applicable interest rate will be 4.99% p.a.
You can do a maximum transfer of RM5000.
The minimum interest rate starts from 4.99%.
You don't have to pay any direct penalty fees. But, you will not be able to enjoy the special balance transfer interest rates which is as low as 4.99%.
You need to pay 8.99% p.a., if you transfer RM5000 for 24 months.
No, you don’t have to pay upfront handling fees for transferring credit by using AmBank AM Transfer facility.