OCBC Flexi Balance Transfer enables you to transfer your credit card outstanding balance from any other banks to your OCBC Credit Card. With this, you are able to make a single repayment to a single bank (OCBC Bank) instead of multiple payments to different banks.
OCBC FLEXI BALANCE TRANSFER
Credit card repayment is now more flexible
Enjoy the freedom to make flexible repayments by transferring your outstanding credit card balance to your OCBC Credit Card.
FEATURES AND BENEFITS
Flexible repayment
Transfer funds from just RM1,000. The more you pay upfront, the less the interest payable.
Transfer funds from just RM1,000. The more you pay upfront, the less the interest payable.
More freedom
Have the freedom to transfer up to 80% of your total available credit limit.
Have the freedom to transfer up to 80% of your total available credit limit.
Better savings
Enjoy a lower rate at only 7.99% a year on outstanding balances. No processing fee, no early settlement, and no upfront fee.
Enjoy a lower rate at only 7.99% a year on outstanding balances. No processing fee, no early settlement, and no upfront fee.
HOW IT WORKS
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Important Notes
- Subject to a minimum monthly payment amount of 6% of your outstanding approved amount or RM50, whichever is higher which is payable by the due date indicated in the credit card monthly statement, you are given flexibility to pay higher monthly payment amount.
- If the minimum monthly payment is not paid by the due date indicated in the credit card monthly statement:
- The interest rate of 7.99% a year will cease and the new interest rate of 18.00% per annum will be charged
- 1% interest of late charges will be levied on the total amount as at the statement due date subject to a minimum of RM10 and a maximum of RM100
* Refer to OCBC Flexi Balance Transfer Terms & Conditions.
BEFORE YOU APPLY
Terms and conditions
OCBC Flexi Balance Transfer Terms and Conditions (EN / BM)
All applications for OCBC Flexi Balance Transfer are subject to approval at OCBC Bank's sole absolute direction.
WAYS TO APPLY
Apply for OCBC Flexi Balance Transfer today
Call us at +603 8317 5000 to know more.
FAQS
Common questions
What is OCBC Flexi Balance Transfer?
Who is eligible to apply for OCBC Flexi Balance Transfer?
You are eligible to apply for Flexi Balance Transfer if:
- You are an OCBC Credit Card holder
- You are a customer who successfully applies for an OCBC Credit Card for the first time
Is there an interest for OCBC Flexi Balance Transfer?
Yes, you will have to pay a Flexi Balance Transfer interest which is calculated daily on the outstanding approved amount.