Comments on: Get Smart - Get Away From MBF Get Smart Balance Transfer http://smartconsumerbanking.com/2007/06/17/get-smart-get-away-from-mbf-get-smart-balance-transfer/ Consumer Guide on Banking & Financial Products , and tips on love, money and happiness For Fellow Malaysian Tue, 06 Jan 2009 02:42:39 +0000 http://wordpress.org/?v=2.6.1 By: YH http://smartconsumerbanking.com/2007/06/17/get-smart-get-away-from-mbf-get-smart-balance-transfer/#comment-210 YH Tue, 28 Aug 2007 10:50:38 +0000 http://smartconsumerbanking.com/2007/06/17/get-smart-get-away-from-mbf-get-smart-balance-transfer/#comment-210 The review covering only the balance transfer part, not the 0% installment. For those interested on the TV but not having MBF card, you could also do it with RHB-SenHeng Card, if you have one. But as always, better buy it in cash - who knows down the road you have some cash crunch and a missed payment will see the bank revoked the 0% installment plan, which a standard terms & conditions The review covering only the balance transfer part, not the 0% installment. For those interested on the TV but not having MBF card, you could also do it with RHB-SenHeng Card, if you have one. But as always, better buy it in cash - who knows down the road you have some cash crunch and a missed payment will see the bank revoked the 0% installment plan, which a standard terms & conditions

]]> By: Alex http://smartconsumerbanking.com/2007/06/17/get-smart-get-away-from-mbf-get-smart-balance-transfer/#comment-208 Alex Tue, 28 Aug 2007 00:41:47 +0000 http://smartconsumerbanking.com/2007/06/17/get-smart-get-away-from-mbf-get-smart-balance-transfer/#comment-208 Hey, that's a good observation at first, when I read about the "offer" I wasn't very impressed either - they tried to do the same thing with their 29" slim flat TV last time, luckily I saw through it all as I read the fine print and like you, did the math, ugly ugly ugly scenario! But now, there's another deal 0% interest for 39 months at RM100 per month, bringing the total up to RM3900. It's a very simple, straightforward Easy Payment Plan at 0% throughout the entire duration, which I believe makes MORE sense than the ones above. I read the fine print too, doesn't mention about maintaining a balance etc. Now that's a fairer deal don't you think? And yes, I'm not with MBFCards (as in an employee) I just have their card and never got around to using it... maybe now I will :) Here's the Terms and Condictions to anyone who is interested: http://www.mbfcards.net/_staging3/home.cfm?IncFile=content.cfm&PrimeID=27&ParentID=27&SecID=315 I guess they wisened up after realizing it's much better to ensure people use their card instead of stowing it away... Now if only they can improve their portal! Thanks for the article though, really good stuff! Hey, that’s a good observation at first, when I read about the “offer” I wasn’t very impressed either - they tried to do the same thing with their 29″ slim flat TV last time, luckily I saw through it all as I read the fine print and like you, did the math, ugly ugly ugly scenario!

But now, there’s another deal 0% interest for 39 months at RM100 per month, bringing the total up to RM3900. It’s a very simple, straightforward Easy Payment Plan at 0% throughout the entire duration, which I believe makes MORE sense than the ones above.

I read the fine print too, doesn’t mention about maintaining a balance etc. Now that’s a fairer deal don’t you think? And yes, I’m not with MBFCards (as in an employee) I just have their card and never got around to using it… maybe now I will :)

Here’s the Terms and Condictions to anyone who is interested: http://www.mbfcards.net/_staging3/home.cfm?IncFile=content.cfm&PrimeID=27&ParentID=27&SecID=315

I guess they wisened up after realizing it’s much better to ensure people use their card instead of stowing it away… Now if only they can improve their portal!

Thanks for the article though, really good stuff!

]]> By: Jack http://smartconsumerbanking.com/2007/06/17/get-smart-get-away-from-mbf-get-smart-balance-transfer/#comment-174 Jack Tue, 31 Jul 2007 04:27:02 +0000 http://smartconsumerbanking.com/2007/06/17/get-smart-get-away-from-mbf-get-smart-balance-transfer/#comment-174 <p>The balance transfer is just one method. You don't have to do that to get the TV.</p> <p>Other method is to do interest free installment, RM100 for 43 month. That's RM4300 for Samsung 37" LA37S81BX (HD-Readay, 7000:1 contrast, 2HDMI, etc), will only be available in the Malaysian market (in October for RRP: RM5499. For now same model only available 32" (RM3899) and 40" (RM6299).</p> <p>And if you're already an MBF cardholder, you get it only for RM3900. </p> <p>I say it is kind of "Smart".</p> The balance transfer is just one method. You don’t have to do that to get the TV.

Other method is to do interest free installment, RM100 for 43 month. That’s RM4300 for Samsung 37″ LA37S81BX (HD-Readay, 7000:1 contrast, 2HDMI, etc), will only be available in the Malaysian market (in October for RRP: RM5499. For now same model only available 32″ (RM3899) and 40″ (RM6299).

And if you’re already an MBF cardholder, you get it only for RM3900.

I say it is kind of “Smart”.

]]>