QUOTE(cybpsych @ Jul 19 2019, 09:50 AM)
incoming new card from Affin Bank......
Added on We’ve got Alif Satar in the house... our very own AFFINCards ambassador - for the official launch of AFFINBANK’S great new products, namely AFFIN Visa Signature Credit Card and AffinPay mobile app.
Graced with the presence of En Mohd Suffian Hj Haron, Interim Chairman of Affin Bank Berhad, En. Kamarul Ariffin Mohd Jamil, GCEO of Affin Bank Berhad, Mr. Ng Kong Boon, Country Manager Malaysia, Visa International and the management team of Affin Bank Berhad, it has been an awesome launch with all the awesome people around for the revelation of the awesome products.
And we can’t be anymore excited to share with every one of you on our brand new AFFIN Visa Signature Card which is indeed more rewarding than ever!
Perks? 3%* cash back for all contactless transactions and loads of other benefits too! Sign up with us now as you do really deserve more!
*Terms & Conditions apply
Added on Launched @ 24 July 2019
Affin Bank unveils mobile app to rejuvenate consumer segmenthttps://www.theedgemarkets.com/article/affi...onsumer-segmentKUALA LUMPUR (July 24): Affin Bank Bhd has introduced its own mobile application AffinPay, as it banks on consumers as well as small and medium enterprises (SMEs) to drive its loan growth this year.
Group chief executive officer Kamarul Ariffin Mohd Jamil said loan growth, targeted at three percent this year, will be driven by the two segments.
“AffinPay is one of our products in the consumer segment and we see this, alongside with more digital products to be launched in the future, as a key driver for the growth,” he told reporters after launching AffinPay and Affin Visa Signature credit card today.
Affin Bank had initially guided for loan growth of between six percent to seven percent this year, but it has also acknowledged that growth could actually come in lower due to economic uncertainties arising from the heightened US-China trade tensions.
Kamarul Ariffin elaborated that loan growth for consumers and SMEs has been steady.
“Motor insurance has been quite challenging, we see a bit of contraction and also a flattish corporate segment,” he added.
Meanwhile, he said Affin is eyeing about 30,000 Affin Visa Signature new credit card users in the first year of introduction, coming from its current 800,000 debit- and credit-card members.
The newly-launched Affin Visa Signature Credit Card offers three percent cash back for contactless transactions performed at retail outlets.
The monthly payment for the card is RM80 per month or RM960 per annum.Visa International country manager (Malaysia) Ng Kong Boon said Visa contactless transactions per month stood at seven million transactions, reflecting 35 percent of total Visa face-to-face transactions in the country.
“Contactless transactions have grown three times and it is evident that Malaysians appreciate how fast, convenient and seamless contactless payments are, and with these products by Affin, we believe the growth of electronic payments in Malaysia would accelerate,” he said.
QUOTE(rocketaz @ Sep 20 2019, 05:23 PM)
Just happened to notice AFFIN Visa Signature 3% cash back for contactless retail spend. (max rm80 cb per month)
1. Does this means this is limited to RM300 and below for every retail spend?
2. Website stated (3% Cash Back. Every Tap). I guess no minimum spend.
3. Anyone tried using this card to pay for insurance? Can get cb like Maybank FCB?
4. Petrol spend can get cb?
5. Online/e-wallet spend can get cb?
AFFIN VS seems better than SCB Liverpool (no tier based spend cb). Since I can't get Maybank FC Barcelona
this might be a better alternative for retail cb.
Notice: There is no Affin VS dedicated thread for discussion.
been discussing here.
1) no. of course you can spend more but cashback capped at RM80/month which translates to ~RM2,666.67 spending.
2) no min spend. just some category not eligible (government services & charity related transactions)
3) pay insurance at over-the-counter? should be ok, but still need to spend time/cost to go there, right? worth the 3% cb?
4) item (2). does your preferred petrol stations accept contactless/wave?
5) does these accept contactless/wave at the first place?
review the website and FAQ.
This post has been edited by cybpsych: Sep 20 2019, 09:13 PM