best funds transfer rate now?

[Saline]

hmm now i'm getting 3% with no processing fee from uob.
anyone knows where i can get a lower rate?

 

[sgd10m]

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

 

[googol]

2.88pa uob. for 6 months.

 

[Verbatin]

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?

 

[googol]

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

---------

good deals bro. can letme know where to get 1.88% ocbc?

 

[Saline]

how do you all get such good rates?
what do you say to the telemarketer?

 

[Verbatin]

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?

 

[Verbatin]

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?

 

[fortyseven]

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

 

[SBS2716G]

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.

 

[SBS2716G]

btw ANZ Bank have promotion. 3 months 0% interest n no processing fee.

 

[dlocenot]

btw ANZ Bank have promotion. 3 months 0% interest n no processing fee.

So good? No charges at all?

 

[Verbatin]

Today i check with HSBC. Their 1.88% with no processing fee is still ongoing!
But u need to take up min 10k

 

[SBS2716G]

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...

 

[damienloh]

Some fund transfer, though no processing fee, impose upfront interest charge rather than on reducing balance.

 

[dao]

Today i check with HSBC. Their 1.88% with no processing fee is still ongoing!
But u need to take up min 10k

HSBC is giving preferences to new customer than existing customer.

HSBC's Personal Line of Credit Fund Transfer terms and conditions

1. This promotion is applicable to all personal line of credit fund transfer applications received by HSBC from 1 November 2010 till 31 January 2011 and approved by HSBC by 28 February 2011.

2. . For new customers who apply for the fund transfer application at the same time that they apply for a personal line of credit account only, the promotional fund transfer interest rate is 1.88% p.a. for six months with S$50 processing fee. For online applications received between 1 November 2010 and 31 January 2011, the processing fee of S$50 will be waived.

3. For existing personal line of credit customers, the promotional fund transfer interest rate is as follows:

Fund Transfer Promotion Period Fund Transfer Amount Interest Rate and Fees
6 months S$10,000 and above 1.88% p.a. with S$50 processing fee
Below S$10,000 2.88% p.a. with S$50 processing fee
12 months S$10,000 and above 7.5% p.a. with no processing fee
Below S$10,000 7.5% p.a. with S$50 processing fee

4. Only one application per personal line of credit account is allowed.
http://www.hsbc.com.sg/1/2/miscella...of-credit-funds-transfer-terms-and-conditions

 

[Verbatin]

not true.

give a call to HSBC and they will offer yo 1.88% with no processing fee
that is provided u take a min of 10k.

HSBC is giving preferences to new customer than existing customer.

HSBC's Personal Line of Credit Fund Transfer terms and conditions

1. This promotion is applicable to all personal line of credit fund transfer applications received by HSBC from 1 November 2010 till 31 January 2011 and approved by HSBC by 28 February 2011.

2. . For new customers who apply for the fund transfer application at the same time that they apply for a personal line of credit account only, the promotional fund transfer interest rate is 1.88% p.a. for six months with S$50 processing fee. For online applications received between 1 November 2010 and 31 January 2011, the processing fee of S$50 will be waived.

3. For existing personal line of credit customers, the promotional fund transfer interest rate is as follows:

Fund Transfer Promotion Period Fund Transfer Amount Interest Rate and Fees
6 months S$10,000 and above 1.88% p.a. with S$50 processing fee
Below S$10,000 2.88% p.a. with S$50 processing fee
12 months S$10,000 and above 7.5% p.a. with no processing fee
Below S$10,000 7.5% p.a. with S$50 processing fee

4. Only one application per personal line of credit account is allowed.
http://www.hsbc.com.sg/1/2/miscella...of-credit-funds-transfer-terms-and-conditions

 

[sandyph]

not true.

give a call to HSBC and they will offer yo 1.88% with no processing fee
that is provided u take a min of 10k.

wow, 'HSBC' just called me and offered 1.1% per month for a whooping low rate of 13.2% pa and dare to say that effectively its lower than most bank 5-7% pa ....

 

[Verbatin]

u shd tell them u want 1.88% p.a. with no processing fee

wow, 'HSBC' just called me and offered 1.1% per month for a whooping low rate of 13.2% pa and dare to say that effectively its lower than most bank 5-7% pa ....

 

[valeon]

UOB 1.88% pa for 6 months with no processing fee. Through mailer. Promo ends 31 Dec.