HLB Removes Balance Transfer Feature For Hong Leong Gold Credit Card
Jacie Tan
13th August 2021 - 2 min read
Effective 1 September 2021, Hong Leong Bank (HLB) will remove the lifetime balance transfer feature (at 6.99% p.a.) for the Hong Leong Gold Credit Card. Cardholders who are looking for balance transfer plans will be able to make use of the main balance transfer programme that is available to all HLB cardholders.
The special balance transfer feature had allowed Hong Leong Gold Credit Cardholders to apply for balance transfer plans at a rate of 6.99%p.a.. “This feature is being removed as the existing Balance Transfer (BT) programme that is applicable for all cardholders is more competitive,” the bank stated in its FAQ page. The main balance transfer programme allows you to opt for a one-time fee plan or monthly interest plans, with competitive rates for Connect online banking users.
However, the change will not apply to those who are currently enrolled on the HLB Gold Credit Card lifetime balance transfer programme. If you are already enrolled on the programme, the lifetime balance transfer rates at 6.99%p.a. will continue to apply.
The other product features of the Hong Leong Gold Credit Card remain unchanged. If you have any enquiries, you can contact HLB via email at [email protected] or phone in at +603 7626 8899.
(Source: Hong Leong Bank)
About THE AUTHOR
Jacie Tan
Recent Credit Card Reviews Posts
Recent Credit Card Reviews Posts
HLB Removes Balance Transfer Feature For Hong Leong Gold Credit Card
Effective 1 September 2021, Hong Leong Bank (HLB) will remove the lifetime balance transfer feature (at 6.99% p.a.) […]
Everything You Need To Know About Balance Transfer Plans
Credit card debt is a sticky business. The interest rates are high and the costs get worse if you don’t settle them soon! Find out why a credit card balance transfer might be the answer to paying off your debts more quickly.
How Do Balance Transfer Credit Cards Work? Here Are The Best Deals.
If we said that Banks are giving away free money you’d say we’re crazy, right? Wrong. Used wisely a Balance Transfer credit card can save you a fortune in interest. Some cards offer 0% interest over a short contract term.
Reducing Credit Card Debts with 0% Balance Transfers
Are you facing credit card debts and trying to figure out how to reduce them? Maybe a balance transfer is the answer you need to put your finances back in check.
Related articles
Comments (0)