If that’s even a thing in Taiwan.
Back home it’s a credit card where you don’t pay any interest for the first year. You normally transfer your balance from a credit card that does charge interest.
I tried to search for this online but I’m coming up short… I think I could try asking a bank during their business hours and see if it’s a thing, but it doesn’t appear to be a thing in Taiwan. The only reference I can find deals with transferring balance from an easy card to a credit card.
I cannot find anything that has to do with balance transfers in Taiwan, when I search for the Chinese term for it, I only see non Taiwan pages on this.
So it may not even be allowed here (or banks don’t do this here). Only way I can think of is cash advance from card B to pay card A’s balance, but that’s 以卡養卡 and there’s huge fees for this (also banks really HATE this).
If someone who is a banker can tell me what the Chinese term for this, it would be helpful. All I see is a page from the consumer financial protection bureau (and that’s a US government agency).
Interest rate here is low as heck so it might not be helpful to do so. Furthermore you really don’t want credit account if you don’t intend to use them as you can end up with annual fees for not using them, which could mean you could unknowingly run up debts just because of those annual fees…
I’ve never seen such a thing in Taiwan. They even don’t have such thing as an overdraft and I asked a few banks, unless they just said they didn’t as I’m a foreigner.
Huanan did have a deal where if you bought something and split the payments, and not just on certain items, it was interest free payments. It was only for a year as I tried using it a year later and it charged me full interest so I paid it off immediately 
Nah, to be fair the only place I ever heard of such a thing is the UK.
All credit cards in Taiwan allow this, at least as far as I know, Fubon does.
However be careful with “interest free” as it’s shop dependent, and a lot of times those interest free aren’t actually interest free as they tack on a “fee” for this, or at least reduce/eliminate any discounts you might normally get paying cash. I think some shopping platforms (shopee/Ruten and such) will truly be interest free without any hidden fees tacked on.
Though honestly, Fubon’s installment plan interest rate is so low, it might as well not be there. Total interest for a 12 payment plan on a 13,000 purchase is something like 300nt, and if I did it at the shop they tacked on nearly 1000nt in fees, but it’s “interest free”.
The huanan one wasn’t shop dependant but based on amount charged. And no fees. I think it was a one year promo because when I tried it again later at the same vendor it charged in full
Ok, I guess banks do that sometimes.
When my interest rate used to be 13 percent it would randomly reduce to 3 percent during certain times.
But the interest rate isn’t unreasonable, so long as you stick to it. I think banks know some people will just pay it off every month and need a way to make some money. It’s good for big purchases for stuff you buy once a year or less, just don’t do it on recurring stuff.
I never heard of an overdraft either, maybe it’s not allowed here. In the us banks used overdraft as a means to extort poor people.