Now, credit card balance transfer has been made easy with CIMB Balance Transfer Plan. You can easily transfer your balance or debt pending in one credit card to another by using this plan without submitting any supporting documents. The plan comes with attractive interest rates and a host of flexibilities. The plan allows you to choose repayment tenure based on your convenience.
The CIMB Balance Transfer Plan comes with a lot of attractive features. Listed below are the main features of this plan:
A CIMB Credit Card holder can enjoy the following benefits by using the CIMB Balance Transfer Plan:
The following interest rates are applicable on CIMB Balance Transfer Plan:
|Interest Rate||Repayment tenure||Minimum Transfer amount|
|5.99% p.a.||6 months||RM1000|
|7.99% p.a.||12 months||RM1000|
CIMB may change the above-mentioned interest rates without notifying you in advance.
It is very simple. What you have to do is to call CIMB Retail Telemarketing Center between Monday to Friday and make a request. The bank representative would follow up with to get it done.
Otherwise, you can visit your CIMB branch physically and collect the application form. Then, fill the application form by putting all required information and email or post.
The minimum monthly payment starts from RM50 or 5% of the total outstanding amount.
The credit card holders of CIMB are eligible for CIMB Balance Transfer Plan.
No. CIMB Balance Transfer Plan does not charge early termination fees.
It is a credit card balance transfer plan that helps your transfer a part of your credit limit on your CIMB Credit Card to other credit cards. You can transfer your credit card balance at lower interest rates starting from 5.99% p.a for a period of 6 to 12 months.
You can transfer a minimum amount of RM1, 000.
Yes. In that case, you will have to pay 7.99% p.a.
If you opt for a repayment tenure of 6 months, CIMB will charge you 5.99% on credit card balance transfer.
Yes, you can cancel your CIMB Balance Transfer plan. But, you have to do it on the same day of your application.