Sunday, 15 November 2009

Public Bank Credit Card - Low Interest Balance Transfer

In view of the implementation of RM50 annual service fee on all principal credit and charge cards and RM25 annual service fee on all supplementary credit and charge cards, Public Bank has taken the first move to entice credit card holders who are planning to cancel their existing credit and charge cards, if they haven't already.

Check out this image that I have enclosed to see the low interest rate that they are offering if only you would transfer your card balance to them. No, you don't even need to have a Public Bank credit card now. If you already have a credit card, you automatically will qualify for one from Public Bank.

This offer allows anyone interested to transfer his/her credit card balance up to 80% of credit limit on the new card. This means that if your Public Bank credit limit is RM10000, you may transfer up to RM8000 of balance from your existing credit card that you intend to cancel.

This looks like a pretty good deal to me and may even save you some money thanks to the low interest rate and one time upfront interest.

Posted by CyberPartyGal at 11:33 pm