Transfer your debt now to enjoy special low interest fees each month!
| Pay Over | With Interest Rate At | When You Transfer |
|---|---|---|
| 6 months | 0% p.a. and 1% one-time upfront handling fee | from RM1,000 |
| 12 months | 0% p.a. and 2.5% one-time upfront handling fee | from RM1,000 |
| 24 months | 0% p.a. and 4.5% one-time upfront handling fee | from RM1,000 |
| 36 months | 0% p.a. and 6.5% one-time upfront handling fee | from RM1,000 |
| 48 months | 0% p.a. and 9.5% one-time upfront handling fee | from RM1,000 |
Stay afloat in the vast ocean of your credit card debts with Public Bank Balance Transfer.
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 48 months, from as low as a 1% 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, 36 and up to 48 months. The maximum amount you can transfer is up to 80% of the total available credit limit.
For a limited time until 31 December 2022, you get more savings and flexibility with a one-time upfront interest/management fee as low as 1% 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 | 48-month |
| Minimum Transfer Amount | RM1,000 | RM1,000 | RM1,000 | RM1,000 | RM1,000 |
| One-Time Upfront Interest / Management Fee | 1% | 2.5% | 4.5% | 6.5% | 9.5% |
This balance transfer plan costs you no processing fee.
Your contracted monthly instalment amount for the balance transfer will be calculated in full as part of your minimum monthly payment.
For example, if your balance transfer amount is RM150 and your monthly credit card statement is RM300, you need to pay the 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 RM100 (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.
We’ll guide you through your application for this financial product