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.