Maybank Balance Transfer Programme

Save on charges when you transfer your other credit card balance over

Benefits

Who can apply?

How to apply

Illustration

Get a feel of how much you can save from this table.

BT Plan &  Tenure
Interest Rate OfferedMinimum
Transfer Amount
6 Months0.50% p.m.RM1,000
9 Months0.75% p.m.RM1,000
12 Months
0% p.m.RM1,000
*One time up-front fee of 3% is applicable

24 Months0.375% p.m.RM2,000
36 Months0.413% p.m.RM2,000

Other info

  1. Only open to Maybank Principal Cardholder and Principal Cardholder of other credit card issuer.

  2. The minimum amount you can transfer under the 6 and 9 month plans is RM1,000; the amount for the 24 and 36-month plans is RM2,000. The maximum amount depends on your available credit card limit.

  3. Balance Transfer for 12 months plans minimum amount is RM1,000 and maximum is capped at RM50,000 per transaction. Subsequence amount is in multiply of hundred.Transferable balance is subject to available credit card limit and on the bank's credit assessment.

  4. One Time up-front fee at 3% from the approved amount will be charged for each approved application and billed into the card credit statement on the posting date.

  5. Transferable balance is subject to available credit card limit and on the bank's credit assessment.

  6. You can transfer balance from up to three other banks at one time.

  7. The cheque payment to the other banks will be effected within 10 business days from the date of approval of your balance transfer.

  8. Maybank will notify you of the status of your application in writing.

  9. The finance charges will be calculated from the date your account is debited for settlement of your credit card account with other issuers.

  10. For 6 and 9 months plan: Upon approval of your Balance Transfer, you will be notified of the new account number where a balance transferred is resided. Payment must be made into the new BT account number allocated to you.

  11. For 12, 24 and 36 months plans: Upon approval of your Balance Transfer, NO new account will be allocated. The balance transferred will be in your existing Visa/MasterCard/American Express account.


Click here for Maybank Balance Transfer Terms and Conditions

Click here for Maybank Islamic Balance Transfer Terms and Conditions

Click here for Maybank Balance Transfer Product Disclosure Sheet

Click here for Maybank Islamic Balance Transfer Product Disclosure Sheet

Click here for Maybank Islamic Balance Transfer FAQ

The Malaysian Goods & Services Tax (GST) will be imposed on all fees/charges charged by the Bank to our cardmembers where applicable effective 1 April 2015 at the current prevailing rate. 

 

 

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