Maybank singapore

Maybank Fund Transfer

Maybank Fund Transfer, with Maybank Fund Transfer, you’ll save when you transfer funds from your Maybank Credit Card to any other bank’s credit card, credit line, savings or current account.



Key info

  • A balance transfer program that lets you transfer funds from your Maybank Credit Card to any other bank’s credit card, credit line, savings or current account
  • Pay no interest for 6 months
  • Minimal processing fee

Benefits

  • 0% interest rate with processing fee as low as 1.38% (EIR at 2.96% p.a.)
  • Cash savings of up to 89%#
  • Supplementary Cardmembers may also transfer funds from the Principal Credit Card Account to the selected bank’s card or line of credit account

#Here’s how much you’ll save with Maybank Fund Transfer

OptionAB
Fund Transfer amountS$10,000 S$2,000
Interest payable at 25.9% p.a. with other credit cards or line of credit for 6 monthsS$1,295 S$259
Interest payable (p.a.) with Maybank for
6 months1		S$0S$0
Processing Fee Charge1.38%
(EIR: 2.96% p.a.)		1.88%
(EIR: 4.02% p.a.)
Processing Fee PayableS$138 S$37.60
Cash savings2S$1,157
(89%) 		S$221.40
(85%)
1Subject to good account conduct, otherwise prevailing interest rate of 25.9% p.a. will apply.
2Figures have been simplified and rounded off for illustration purposes.

Who can apply

All Maybank Credit Cardmembers



Enjoy 0% interest for 6 months with a low processing fee now!

  • Transfer a minimum of S$10,000 and enjoy:
    0% p.a.^ with 1.38% processing fee (EIR at 2.96% p.a.), prevailing interest rate applies thereafter.
  • Transfer a minimum of S$2,000 and enjoy:
    0% p.a.^ with 1.88% processing fee (EIR at 4.02% p.a.), prevailing interest rate applies thereafter.


Or an attractive rate for 12 months:

  • Transfer a minimum of S$2,000 and enjoy:
    4.99% p.a.^, prevailing interest rate applies thereafter.
^Subject to good account conduct, otherwise prevailing interest rate of 25.9% p.a. will apply.

Terms and Conditions (PDF)

Note
The minimum monthly repayment amount** on your Fund Transfer Account(s) that starts with 1155-XXXX-XXXX-XXXX or 1144-XXXX-XXXX-XXXX is 3% of Total Payment Due or S$10, whichever is higher. The required minimum amount payable shall include any outstanding amount (“Past Due”) from your previous statements.