To apply, follow these simple steps:
Low Interest Plans
Transfer your debt now to enjoy special low interest fees each month!
- Public Bank Balance Transfer
Pay Over With Interest Rate At When You Transfer 6 months 0% p.a. and 1% one-time upfront handling fee from RM1000 12 months 0% p.a. and 3% one-time upfront handling fee from RM2000 24 months 0% p.a. and 5.5% one-time upfront handling fee from RM3000 36 months 0% p.a. and 7% one-time upfront handling fee from RM6000
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 Public Bank Balance Transfer
Stay afloat in the vast ocean of your credit card debts
Frequently Asked Questions about Public Bank Balance Transfer
Things you might want to know
Languishing over high interest rates on your credit card debt? Fret not! Public Bank lets you stretch the repayment up to 36 months, from 1% upfront interest rate with its Balance Transfer plan.
How does Public Bank Balance Transfer work?
With Public Bank Balance Transfer, you have the option to service your credit card outstanding balance from 6, 12, 24 and up to 36 months. The maximum amount you can transfer is up to 80% of the total available credit limit.
Are there any promotions with Public Bank Balance Transfer plan?
For a limited time until the 31 December 2019, you get a one time upfront interest / management fee as low as 1% and up to 36 months repayment terms when you transfer a minimum of RM1,000 to your Public Bank credit card / credit card-i.
This balance transfer plan costs you 0% interest for all tenures!
What if I am not able to pay my monthly payments in full?
In the event that you are unable to make full monthly repayment, you can make the minimum payment of 5% of your outstanding balance or RM50, whichever is higher.
Plus, tiered interest / management fee between 15% p.a. to 18% p.a. will be levied on the outstanding amount that is not paid in full.
How about if I make a late repayment?
On top of being charged with a steep finance charge of 18% p.a., you'll also be penalized for doing this. The late payment penalty will be incurred on the total outstanding balance is 1% or RM10, whichever is higher. The maximum charges will be capped at RM100.
Can I settle the outstanding balance before maturity?
Yes, but unfortunately, you will have to pay an early settlement penalty of RM100 (for PB Credit Cards only).
Is this balance transfer plan open to supplementary card holders?
Regrettably, this Balance Transfer plan is not open to supplementary cardholders. Only principal cardholders of Public Bank and Public Islamic Bank can apply for this Balance Transfer plan.