Credit Cards
Apply for Balance Transfer
1. What is Balance Transfer?
Balance Transfer is a feature that enables you to transfer your other bank’s outstanding credit card balances to your AmBank credit card.​
2. Can I apply for Balance Transfer?
You can only apply if you:
- Are a principle cardholder of an active, individual credit card.
- Are aged between 21 to 65 years old
- Have a minimum available credit limit of RM 1,000
- Have not defaulted on your credit card.
3. What is the minimum and maximum amount that I can apply for Balance Transfer?
You may apply any amount from RM1,000 to RM50,000, or up to your current available credit card limit, whichever is lower.
4. How do I apply for Balance Transfer?
On AmOnline App, you may scroll down to 'Do More with AmOnline' on Home dashboard > Apply for More Services > Do More With Your Card > Apply Balance Transfer.
Alternatively, you may also tap on 'More' at bottom navigation > Apply for More Services > Do More with Your Card > Apply Balance Transfer.
5. How long does it take for my application to be processed?
- Applications submitted on a working day, before 2PM: Will be processed on the same day, and fund will be disbursed on the next working day.
- Applications submitted on a working day, after 2PM: Will be processed on the next working day, and fund will be disbursed on the following working day.
- Application submitted on a non-working day: Will be processed on the next working day.
Note: Processing time aforementioned are on best effort basis.
6. How do I find out my Balance Transfer application status?
You may call our Contact Centre to follow up on your application status.
7. Where can I find my previously submitted Balance Transfer applications?
You may find your previously submitted applications on AmOnline App in 'More' at bottom navigation > Apply for More Services > View Application History.
