OCBC Balance Transfer

Balance Transfer with low interest rate. Transfer a minimum of RM1,000 outstanding balance from another bank’s credit card to your OCBC Credit Card.

Low Interest Plans

Transfer your debt now to enjoy special low interest fees each month!

OCBC Balance Transfer
Pay OverWith Interest Rate AtWhen You Transfer
6 months1.88% p.a. and no one-time upfront handling feefrom RM1000
12 months3.88% p.a. and no one-time upfront handling feefrom RM1000

Fees & Charges

There are always fees but how much are they?

Minimum monthly payment
RM50 or 5% of outstanding amount
Early Termination Fee

How To Apply for OCBC Balance Transfer

Stay afloat in the vast ocean of your credit card debts

Submit an online application via OCBC online banking and you may receive promotional interest rates. Or call 03 8317 5000 to apply now.

Frequently Asked Questions about OCBC Balance Transfer

Things you might want to know

New cardmembers of OCBC will enjoy a low interest rate of 1.88% p.a. on the balance transfer amount, subject to terms and conditions. Transfer your outstanding credit card balances to OCBC credit card now.

How does OCBC Balance Transfer work?

Now with OCBC Balance Transfer, you can transfer your outstanding credit card balances from other banks. You can easily track your monthly repayments with OCBC internet banking.

Gain more freedom and transfer up to 80% of your total available credit line, with 6-month or 12-month repayment period, slashing your credit card interest rate to more than half! The minimum transfer amount is RM1,000.

See table below for the interest rates:

Interest RateTenureEligibility
1.88% p.a.6 monthsNew & existing cardmembers
3.88% p.a.12 monthsNew & existing cardmembers

How much do I need to pay a month?

You can opt to make monthly repayments in full, which includes interest. Otherwise, you can make the minimum repayment at 5% of the outstanding amount or RM50, whichever is higher.

What if I make the monthly repayment after the due date?

Late payment will result in 1% charges of the outstanding amount or RM10, whichever is higher. But fret not, in case you forget to make your repayments the maximum charges are capped at RM100.

Are there any charges on unpaid monthly repayment?

There are no ‘charges’. However, your interest rate will be reverted to the highest rate of 18% p.a., which defeats the purpose of taking up a low interest balance transfer in the first place!

Can I make an early settlement before maturity?

Yes, you can. One of the best parts of OCBC Balance Transfer is that there is no penalty on early settlement, neither a processing fee.

Read More

Apply online now for OCBC Balance Transfer

RinggitPlus will help you every step of the way.

By typing your contact information, you agree to our Terms of Use. We respect your privacy and are committed to handle your personal information safely and responsibly.

You've almost completed your application for OCBC Balance Transfer

To help you better we need to know a little bit more about your application.
Confirm your application

Oops. We can't seem to get a quote for you for a while there. Please click "Get Quote" again.

Your qualifications have not met the requirements of this policy. Don’t worry, you can still check other insurance policies

Please fill in all fields and enter a valid email

Thank you for applying with RinggitPlus!

We’ve sent you an email to help with your application.

Continue to OCBC website

If you have any questions let us know at [email protected], we'd love to help!

Follow us to keep in touch and not miss out on offers and promotions.