Enjoy a Free PETRON Gift Voucher of RM 400 & Touch 'N' Go Card of RM100
Get a Free PETRON Gift Voucher of RM 200 & Touch 'N' Go Card of RM50
|Credit Scheme Duration||6 months||6 months||1 year||2 years||3 years|
|Minimum Transfer Amount||RM500-RM1,999.99||RM2,000 and more||RM1,000||RM3,000||RM6,000|
|One-time Upfront Charges/Interest/ Management Fee||1.5%||0%||3%||5%||7%|
The following are the benefits of balance transfer through this bank:
You can complete the balance transfer process in either of the two ways:
Here are the applicable terms and conditions:
Q. What is the Management Fee charged on the overdue amount?
A. A management fee or tiered interest rate of 15% -18% p.a. will be charged on the overdue/ outstanding amount.
Q. Can i acquire a balance transfer plan for a tenure of 4 years?
A. No. The maximum available tenure is 36 months i.e. 3 years.
Q. How will I know about the status of my Balance Transfer programme?
A. You will get a notification from the bank if your application for Balance Transfer is declined. If it is approved, then the bank will make the payment of the approved balance amount to your account with the other bank in a way the bank considers fit.
Q. How will I know if there are any changes in the Terms and Conditions?
A. Your bank reserves the right to change, add or delete the Terms and Conditions periodically with minimum 21 days prior notice. You can check out the bank’s website to see the changes in Terms and Conditions.
Q. What happens if I fail to make the minimum payment by the due date?
A. If you fail to pay within the due date, then the standard late payment charges will be applicable - 1% of the total outstanding balance or RM10, whichever is higher. The late payment charges are levied on the unpaid minimum payment amount.