Public Bank
| Pay Over | With Interest Rate At | When You Transfer |
|---|---|---|
| 6 months | 0% p.a. and 1.5% 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 |
To apply, follow these simple steps:
Languishing over high interest rates on your credit card debt? Fret not! Public Bank lets you stretch the repayment up to 36 months, from 1.5% upfront interest rate with its Balance Transfer plan.
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.
For a limited time until the 30 June 2020, you get more savings and flexibility with a one time upfront interest / management fee as low as 1.5% for 6 months tenure when you transfer a minimum of RM 1,000 to your Public Bank credit card / credit card-i.
| Public Bank Balance Transfer Promotion | 6-month | 12-month | 24-month | 36-month |
| Minimum Transfer Amount | RM1,000 | RM2,000 | RM3,000 | RM6,000 |
| One-Time Upfront Interest / Management Fee | 1.5% | 3% | 5.5% | 7% |
This balance transfer plan costs you no processing fee.
Your contracted monthly installment amount for balance transfer will be calculated in full as part of your minimum monthly payment.
For example, if your balance transfer amount is RM 150 and your monthly credit card statement is RM 300, you need to pay RM150 balance transfer amount in full in case you want to make a minimum monthly payment of your credit card.
Otherwise, the tiered interest / management fee between 15% p.a. to 18% p.a. will be levied on the outstanding balance transfer amount that is not paid in full.
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 RM 10, whichever is higher. The maximum charges will be capped at RM 100.
Yes, but unfortunately, you will have to pay an early settlement penalty of RM 100 (for PB Credit Cards only).
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.
| Credit card image | Credit card name and benefits | Annual Fee | Minimum Annual Income | Apply Online |
|---|---|---|---|---|
 | Public Bank Gold MasterCardPacked with amazing perks: unlimited 0.1% Cash MegaBonus, annual fee waiver, flexible credit card instalment plans, and exclusive deals and discounts. |
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 | Public Bank Visa InfiniteNo annual fee for life premium credit card offering unlimited Cash MegaBonus and Air Miles with every spending, free travel insurance and 3x airport lounge access. |
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 | Public Bank Gold VisaEarn unlimited Cash MegaBonus for every Ringgit swiped locally and overseas. Or convert your big-ticket item purchase into an interest-free flexi payment plan |
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 | Public Bank Platinum MasterCardEnjoy the privileges of VIP Points, annual fee waiver, complimentary insurance plans, contactless payment and opening of a current account without an introducer! |
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 | Public Bank Visa PlatinumGiving you 0.2% Cash MegaBonus on retail spending, annual fee waiver, free travel insurance and contactless payment at the checkout - a truly platinum lifestyle. |
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 | Mutual Gold Public Bank Visa PlatinumExclusively for Mutual Gold and Mutual Gold Elite Members of Public Mutual - earn unlimited Cash Rebate and Cash Bonus on birthday month! |
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 | Public Bank AIA Visa GoldA gold cashback credit card gives 2% cash rebate on AIA Insurance Premium payments, 0.1% Cash MegaBonus and a free pass when you open a current account. |
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 | Public Bank MasterCard StandardPublic Bank MasterCard Standard is a card that everyone new to credit cards will need. No frills, no stress and easily maintained. |
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 | Public Bank Visa SignatureEnjoy significant perks: 6% cash rebate, 1 VIP Point, free 2x airport lounge access, free travel insurance and annual fee waiver with every swipe of Visa Signature. |
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 | Public Bank Petron Visa GoldA dedicated petrol cashback credit card for Petron patrons. Earn up to 5% Cash MegaBonus on fuel and non-fuel purchases at Petron Service Station nationwide. |
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 | Public Islamic Bank Visa Gold Credit Card-iUnlimited Cash MegaBonus, annual fee waiver and a variety line of credits with competitive rates for the rainy days - suitable for beginners. |
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 | Public Islamic Bank Visa Platinum Credit Card-iEarn unlimited 0.2% cash rebate on retail spending, annual fee waiver, free travel insurance and contactless payment with a Platinum credit card. |
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 | Public Islamic Bank MasterCard Platinum Credit Card-iAn Islamic platinum cashback MasterCard offers 2x free access to airport lounge, free travel Takaful, unlimited cash rebate and annual fee waiver. |
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 | Public Islamic Bank MasterCard Gold Credit Card-iNo frills Islamic credit card that gives unlimited cash rebate, competitive instalment plans, balance transfer and many banking benefits |
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 | Public Bank Visa CommercialGive yourself and your company a controlled line of credit for efficient cash flow management - only for registered public and private companies. |
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 | Public Bank World MasterCard Credit CardA premium travel credit card gives Air Miles, 3x complimentary airport access and free travel insurance! |
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 | Public Bank Quantum VisaA Free-for-Life card promises 5% cashback and up to 2 VIP Points when you swipe it at your favorite restaurant, cafe or clothing brands anywhere. |
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 | Public Bank Quantum MasterCardHave no annual fees for life and get more spending benefits out of your credit card such as 5% cashback, 0% EPP and VIP Points! |
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 | Public Bank Visa BusinessTake charge of your business with the Public Bank Visa Business. Provide your employees with a secure line of credit and concentrate on growing your business. |
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