Low Interest Plans
Transfer your debt now to enjoy special low interest fees each month!
- AffinBank Balance Transfer Installment Plan
Pay Over With Interest Rate At When You Transfer 6 months 0% p.a. and 1.5% one-time upfront handling fee from RM3000 12 months 0% p.a. and 0% one-time upfront handling fee from RM5000 12 months 0% p.a. and 2.5% one-time upfront handling fee from RM3000 18 months 0% p.a. and 5% one-time upfront handling fee from RM3000 24 months 0% p.a. and 6% one-time upfront handling fee from RM3000 36 months 0% p.a. and 7% one-time upfront handling fee from RM3000
Fees & Charges
There are always fees but how much are they?
- Minimum monthly payment
- 5% of outstanding amount
- Early Termination Fee
How To Apply for AffinBank Balance Transfer Installment Plan
Stay afloat in the vast ocean of your credit card debts
Frequently Asked Questions about AffinBank Balance Transfer Installment Plan
Things you might want to know
Lost many hours of precious sleep thinking about your list of debts and obligations? Transfer your outstanding credit card balance to an Affin Bank credit card and enjoy a one-time upfront balance transfer fee!
How does Affin Bank Balance Transfer Installment Plan (BTiP) Bank work?
Most banks offers annual interest rate for their balance transfer plans, which can go as high as a standard loan interest rate.
With Affin Bank’s BTiP, you only need to pay a one-time upfront fee in the first instalment month, which is based on the outstanding balance transferred to your Affin Bank credit card.
The minimum transfer amount is RM1,000, depending on installment tenure chosen, and must not exceed 90% of your approved credit limit.
How can I get 0% instalment on my balance transfer?
For a limited until 31 December 2018, Affin Bank and Affin Islamic Bank are offering 0% BTiP plan for 12-month tenure when you transfer a minimum RM5,000 to either its Islamic or conventional credit cards.
Or you can also apply for the same tenure at 2.5% one-time upfront interest/profit rate with a minimum transfer amount of RM3,000!
This 0% promotion is offered to new-to-bank cardmembers of Affin Bank or Affin Islamic Bank who has been approved no longer than 6 months at the time of BTiP application is made.
Is there an option of minimum repayment?
No, Affin Bank requests that you make a full repayment of your balance transfer before or on the statement due date. If balance transfer instalment is not made in full, the tiered interest rate between 12% p.a. to 18% p.a. will be imposed on the outstanding balance.
What will happen if I pay my monthly repayments late?
Late repayment of your balance transfer monthly instalment not only attracts a finance charge of up to 18% p.a. on the outstanding balance, but also a late payment penalty of 1% or RM10, whichever is higher up to a maximum of RM100.
Make sure that you have a good budgeting plan that allows you to make the repayments in full and on time. Otherwise, the penalty charges are not worth your effort on this balance transfer.
How much is the penalty for early settlement?
In the event that you wish to settle the outstanding amount early, a penalty of RM100 will be imposed upon your decision. The same penalty will be imposed if you cancel your balance transfer with Affin Bank.