- No interest charges
- Minimal processing fee
Personal Line of Credit
CreditAble Fund Transfer
Enjoy interest savings when you transfer funds from your Maybank CreditAble to any bank’s credit card, credit line, savings or current account.
Benefits
- 0% interest rate with processing fee from as low as 2.28% (EIR at 4.87% p.a.)
- Cash savings of up to 82%¹
Cash Savings
Here's how much you'll save with Maybank Fund Transfer
| TRANSFER AMOUNT |
S$1,000
|
S$1,000
|
|---|---|---|
| Tenure (Months) |
6 months
|
12 months
|
| Interest payable at 25.9% p.a. with other credit cards or line of credit |
S$130
|
S$259
|
| Interest payable (p.a.) with Maybank 1 |
S$0
|
S$0
|
| Processing fee |
2.28%2
(EIR: 4.87% p.a.) |
4.38%2
(EIR: 5.06% p.a.) |
| Processing fee payable |
S$23
|
S$44
|
| CASH SAVINGS2 |
S$107
(82%) |
S$215
(87%) |
¹Subject to good account conduct, otherwise prevailing interest rate of 20.9% p.a. will apply.
² Figures have been simplified and rounded off for illustration purposes.
Useful Information
Note
The minimum monthly repayment amount** on your Fund Transfer Account(s) that starts with 04133XXXXXX 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.
**Applies only to Fund Transfer Accounts. The minimum monthly repayment for CreditAble Account remains the same, and is according to the Terms and Conditions in the Maybank CreditAble Agreement.