Enjoy 0% interest for the first 6 months when you sign up and consolidate your balance with Hong Leong Platinum Business Credit Card’s 12-month Balance Transfer Saver Plan. Interest rate for the remaining 6 months is 1% per month.

Main features with Hong Leong Platinum Business Credit Card are:

• Interest free period of up to 60 days for all retail transactions, provides better cash flow to cardholder
• Credit Card’s cheque facility
• No annual fee when you use the credit card either 2 times per month for 12 months, or charge a total of RM15,000 per annum (Annual fees are RM400 for principal card, and RM300 for supp card)

Eligibility

• Self-employed
• Indivual aged 25 years old and above for principal applicant
• Indivual aged 18 years old and above for supplementary applicant
• Minimum income of RM60,000 per annum

How much you can save from this Hong Leong Bank Balance Transfer? I can’t find the package’s T&C in HLB website and calculation from HLB on the saving, but assuming you are transferring RM10,000 of your outstanding balance to the 12-month Balance Transfer Saver Plan,  and you are paying only minimum 5% of the outstanding balance, you can save up to RM1,096 in the 12 months, based on saving from normal interest rate of 18% per annum or 1.5% per month that is chargeable to you without Balance Transfer.

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