Do you know that there are plenty credit card company offer 0% balance transfer? How much you will save on this balance transfer? Call them up now. Take any of your credit cards that are carrying a outstanding / balance, flip them over for the credit card centre contact number, call them. Tell them that you want an interest rate reduction or you will do 0% balance transfer to other credit card company. If the first person you talk to won’t do it, ask to talk to a supervisor. If you have a RM5,000 balance, even a 3% rate reduction saves you RM150 a year.