Extend the repayments of your outstanding credit card balance by up to 3 years! With RHB Smart Move Balance Transfer, you get to save money while clearing your remaining credit balance.
How does RHB Smart Move Balance Transfer work?
From 1 January 2025 until 31 December 2025, RHB offers keen customers attractive interest rates from 0% p.a. up to 6.88% p.a. for its Smart Move Balance Transfer plan. The minimum transfer amount eligible for this campaign is RM1,000 while the maximum amount is subject to the criteria set by the bank.
There are 2 ways you can make an application throughout the campaign period: (1) via RHB Online Banking and (2) via RHB Sales Channel i.e. website or through customer service. Check out the tables below on the plan mechanics.
Via RHB Online Banking (T&Cs)
| Customer | Tenure | Interest Rate | Minimum Transfer |
| All customers | 12 months
24 months
36 months | 4.88% p.a. | RM1,000
*Maximum amount should be 80% of the available credit limit |
Via RHB Sales Channel
- T&Cs for new-to-bank customers
- T&Cs for existing-to-bank customers
| Customer | Tenure | Interest Rate | Minimum Transfer |
| New-to-bank | 12 months | 0% p.a. | RM1,000
*Maximum amount is RM30,000
|
| Existing-to-bank | 6 months
12 months
24 months
36 months | 4.88% p.a.
4.88% p.a.
5.88% p.a.
6.88% p.a. | RM1,000
*Maximum amount should be 80% of the available credit limit
|
Can I skip my monthly instalments?
You should exercise precaution in meeting your financial obligations as skipping even a month on your monthly instalment will cost you not only a prevailing interest charge of 18% p.a. on your outstanding balance but also a 1% fee (or a maximum of RM100, whichever is higher) for late payment on your balance transfer account.
That's not all, late payment can also reflect poorly on your credit history, as captured in the CCRIS / CTOS, which could potentially affect your loan application.
Are there any fees when I settle my debts early?
Luckily for you, there is no early settlement fee with RHB Smart Move Balance Transfer. So you can always settle your outstanding balance if you find enough cash on hand.
