Comments on: The Must Have Credit Cards http://smartconsumerbanking.com/2007/08/14/the-must-have-credit-cards/ Consumer Guide on Banking & Financial Products , and tips on love, money and happiness For Fellow Malaysian Wed, 08 Sep 2010 04:31:00 +0000 http://wordpress.org/?v=2.6.1 By: n jay http://smartconsumerbanking.com/2007/08/14/the-must-have-credit-cards/#comment-276 n jay Mon, 24 Dec 2007 15:04:11 +0000 http://smartconsumerbanking.com/2007/08/14/the-must-have-credit-cards/#comment-276 awesome work from you.. keep it up! awesome work from you.. keep it up!

]]> By: YH http://smartconsumerbanking.com/2007/08/14/the-must-have-credit-cards/#comment-201 YH Fri, 17 Aug 2007 06:35:20 +0000 http://smartconsumerbanking.com/2007/08/14/the-must-have-credit-cards/#comment-201 Thanks for your good add-on and the calculations. You have point out a very good point - the % based BL transfer fee is a smart way of banks to 'hide' the interest charges. Effectively, those relative high processing fee as compare with the industry is a substitute for interest rate bearing BL. Therefore both the EON & Affin Bank DOSE NOT OFFERS ANY 0% BL. I will post a correction on this on my next post. Thanks a lot. Thanks for your good add-on and the calculations. You have point out a very good point - the % based BL transfer fee is a smart way of banks to ‘hide’ the interest charges. Effectively, those relative high processing fee as compare with the industry is a substitute for interest rate bearing BL. Therefore both the EON & Affin Bank DOSE NOT OFFERS ANY 0% BL. I will post a correction on this on my next post. Thanks a lot.

]]> By: espionage http://smartconsumerbanking.com/2007/08/14/the-must-have-credit-cards/#comment-200 espionage Thu, 16 Aug 2007 03:20:35 +0000 http://smartconsumerbanking.com/2007/08/14/the-must-have-credit-cards/#comment-200 EON and Affin bank B/L is not that worth to go for it. Especially EON, as 1.5% will be charged. For example, you B/L 10k. You will be charged for 150 for the plan. Divided by 3 months, you are paying RM50 a month. 50x12 months= 600. More or less the interest is about 6%pa. So it is almost same as housing BLR. While Affin B/L is charging 3%. Let say 10k, it charged rm300. It is equal to 3%. Ambank is the best with no matter how much you transfer. It will charged you only rm20. If calculate by p.a., It will be 20x4=which is 80 only...If 10k, you are paying 0.8% FYI, some banks were offering hidden B/L. Those usually assigned a sales person to call you up. Like I took citibank 0% for 3 months with rm30 processing and stanchard 4.99% a year. You have left out OCBC 0% for 3 months and 50 processing fee. EON and Affin bank B/L is not that worth to go for it. Especially EON, as 1.5% will be charged. For example, you B/L 10k. You will be charged for 150 for the plan. Divided by 3 months, you are paying RM50 a month. 50×12 months= 600. More or less the interest is about 6%pa. So it is almost same as housing BLR.

While Affin B/L is charging 3%. Let say 10k, it charged rm300. It is equal to 3%.

Ambank is the best with no matter how much you transfer. It will charged you only rm20. If calculate by p.a., It will be 20×4=which is 80 only…If 10k, you are paying 0.8%

FYI, some banks were offering hidden B/L. Those usually assigned a sales person to call you up. Like I took citibank 0% for 3 months with rm30 processing and stanchard 4.99% a year.

You have left out OCBC 0% for 3 months and 50 processing fee.

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