Save more on your credit card interest rates, with Maybankard Balance Transfer Programme which gives you flexible repayment periods to ease your financial burden!
How does Maybankard Balance Transfer Programme work?
Consolidate all your outstanding balances into one credit card and one monthly statement. You can choose a repayment tenure that suits your needs with its flexibility. The longest repayment period can be up to 36 months, which is 3 full years!
The minimum transfer amount for the 6 and 9 months plans is RM1000, while the minimum amount for the 24 and 36 months plans is RM2,000. The maximum amount that you can transfer will depend on your credit limit.
Can I transfer debt from more than one credit card?
Yes, you can transfer your outstanding balance from up to three other banks with Maybankard Balance Transfer Programme.
Do I need to pay a one-time upfront interest fee?
The 12-month balance transfer plan with ‘zero interest’ actually charges a one-time interest rate at 3% p.a. Meanwhile, other tenures are offered at interest rates from 4.5% p.a. and no upfront interest.
Who can apply for this balance transfer?
Only principal credit card holders of Maybank are eligible to apply. Supplementary card holders are not qualified.
How can I make the monthly payment?
You can always walk in to any Maybank branch to make your monthly repayment. For your convenience, you can also make your repayments through Maybank2u online banking.