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best funds transfer rate now?

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Old 20-11-2010, 07:12 PM   #1
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best funds transfer rate now?

hmm now i'm getting 3% with no processing fee from uob.
anyone knows where i can get a lower rate?
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Old 20-11-2010, 10:09 PM   #2
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hmm now i'm getting 3% with no processing fee from uob.
anyone knows where i can get a lower rate?
I think HSBC and OCBC all got 2.88
earlier HSBC got 1.88 but no more alrdy
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Old 21-11-2010, 12:04 AM   #3
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2.88pa uob. for 6 months.
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Old 21-11-2010, 01:04 AM   #4
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i am currently getting 1.88% from OCBC Easi credit. no processing fee and got a free watch too.

UOB is offering 3% no processing fee and they give u $40 shell vouchers

i used to get from SCB 1.88% no processing fee and revolving credit. this one just ended and SCB can only offer me 2.88% revolving credit also

HSBC also has 1.88% no processing fee- but not sure still have or not

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hmm now i'm getting 3% with no processing fee from uob.
anyone knows where i can get a lower rate?
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Old 21-11-2010, 05:54 PM   #5
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i am currently getting 1.88% from OCBC Easi credit. no processing fee and got a free watch too.

UOB is offering 3% no processing fee and they give u $40 shell vouchers

i used to get from SCB 1.88% no processing fee and revolving credit. this one just ended and SCB can only offer me 2.88% revolving credit also

HSBC also has 1.88% no processing fee- but not sure still have or not

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good deals bro. can letme know where to get 1.88% ocbc?
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Old 21-11-2010, 09:02 PM   #6
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how do you all get such good rates?
what do you say to the telemarketer?
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Old 21-11-2010, 10:03 PM   #7
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i guess this is for selected customers only. OCBC sendtme a empty chq for me to cash in and give me a free watch worth $139.

1-2 week after i cash in the chq, a OCBC officer call me to offer me 1.88% - this time without the watch. but i already took up the earlier offer (which is better)

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good deals bro. can letme know where to get 1.88% ocbc?
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Old 21-11-2010, 10:04 PM   #8
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They will call me to offer me good rate. As i frequently took up fund transfer from various bank, i guess they already have my record.

i guess i get a better rate if they call u instead of u calling them. i think it helps that i am a frequent customers of fund transfer

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how do you all get such good rates?
what do you say to the telemarketer?
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Old 22-11-2010, 10:35 PM   #9
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Hi guys, how does balance transfer/fund transfer works? Do you borrow from Bank B to pay your credit card bill with Bank A?

Is there any lock-in period (ie must borrow the funds with Bank B for minimum X months to enjoy the promo rate)? Or can i apply for a balance/fund transfer with Bank C before the promo rate ends?

Does it matter if my credit card bill is from Amex and local banks?

Thank you for reading and answering my questions
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Old 23-11-2010, 11:48 PM   #10
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yes. Borrow from bank A to pay bank B credit card bill. Save on the interest. Maybe 3%yearly compared to 24%.

Depend on banks. Usually no penalty for early repayment. Monthly still have to pay minimum sum.

You can apply for another bank fund transfer before the original is up n repay it. No issue. Just like playing musical chair. A to b to c to d then back again. But then try to clear up the debt instead is best.
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Old 23-11-2010, 11:49 PM   #11
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btw ANZ Bank have promotion. 3 months 0% interest n no processing fee.
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Old 24-11-2010, 12:05 AM   #12
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btw ANZ Bank have promotion. 3 months 0% interest n no processing fee.
So good? No charges at all?
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Old 24-11-2010, 12:29 AM   #13
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Today i check with HSBC. Their 1.88% with no processing fee is still ongoing!
But u need to take up min 10k
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Old 27-11-2010, 01:07 AM   #14
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So good? No charges at all?
i try to apply. wait for approval... go to their website and see. i read through liao. think no string attached? no annual fee also...
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Old 27-11-2010, 01:22 AM   #15
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Some fund transfer, though no processing fee, impose upfront interest charge rather than on reducing balance.
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