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> Boost App Discussion Thread, Mobile Wallet Payment

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majorarmstrong
post Jun 25 2018, 02:05 AM

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I am using Boost
Get like rm1, rm1.50 and rm2 shake reward
Join their Boost Cup currently rank top 100
Hope to improve my ranking top top 5 to win rm1000 boost credit
majorarmstrong
post Jun 25 2018, 02:18 AM

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My boost cup Ranking
majorarmstrong
post Jun 25 2018, 02:21 AM

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Reward table
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This post has been edited by majorarmstrong: Jun 25 2018, 02:39 AM
majorarmstrong
post Jun 25 2018, 02:36 AM

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QUOTE(jfleong @ Jun 14 2018, 06:53 PM)
Try asking them how much Boost take
What is the typical shake reward ? Never used Boost at places like that before
*
Boost take zero cut from merchant till end of the year as part of their promotion to attract more merchant
After that they will take 0.5% compare to credit card which usually take 1.8 till 2% from the transaction amount

Shake reward mostly rm0.5 till rm2.00

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This post has been edited by majorarmstrong: Jun 25 2018, 02:39 AM
majorarmstrong
post Jun 25 2018, 09:08 AM

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QUOTE(jfleong @ Jun 25 2018, 02:39 AM)
How do I sign up to be a merchant? Buy my own stuff and get all the shake rewards lol
BTW is the reward dependent on the amount ? So far I only get 50 sen and RM1 rewards
*
You migth get in trouble if you swipe your own credit card machine, I think same goes to boost. If wanna do it use someone else account.

What kind of trouble? I think is as serious as a crime that you will get fine and jail. Something to do with money laundering. Anyway I just heard saja, how true I don't know.

majorarmstrong
post Jun 25 2018, 09:12 AM

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QUOTE(jfleong @ Jun 25 2018, 02:39 AM)
BTW is the reward dependent on the amount ? So far I only get 50 sen and RM1 rewards
*
That day I go buy some meat (raw) cost me rm7.10 and I got RM1.50 as shake reward. I think is quite random but for anything above rm0.5 you need to at least.spend like rm5 and above else everytime also get rm0.5. another day go nandos spend rm98 and only get rm2 as reward. It is so random and no pattern. The max I ever get is RM2. Saw from Facebook someone spend on 11street paying with boost they get RM5.

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This post has been edited by majorarmstrong: Jun 25 2018, 09:21 AM
majorarmstrong
post Jun 25 2018, 09:14 AM

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QUOTE(jfleong @ Jun 25 2018, 09:10 AM)
This is not money laundering , go look up what it means
the worst thing is just you'll be suspended or fined, nothing criminal here
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Thanks for the info really appreciate it. Next time if I need cash I will swipe my own credit card machine.
majorarmstrong
post Jun 25 2018, 09:24 AM

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QUOTE(jfleong @ Jun 25 2018, 09:17 AM)
Actually you can, just don't do it too much/often . How do you think POS system work ? When you swipe your own terminal with your own card you still need to pay back the card , plus the bank will deduct some processing charges
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Processing fee is just 1.8% not too expensive
Then with the amount do zero% balance transfer for 6 months.
At least get some money out to roll for 6 months with only 1.8% interest compare to those credit card loan of 7.88% or 8.88%. save a bit lo
majorarmstrong
post Jun 25 2018, 10:46 AM

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QUOTE(jfleong @ Jun 25 2018, 09:30 AM)
No need to pay the 1.8% processing fee
Just use Boost. load in 1500, withdraw 1498 (after RM2 fee)
Then go apply zero interest or balance transfer, depending on the bank

Want more ? Use BigPay (there's a thread on this in the finance forum)
Load in RM3006 , then withdraw RM3k at any ATM that dispenses RM100 notes
Again, ask your CC company to convert it to EPP

You don't even need to convert it to EPP to cash in
Do this every 1st day of your bill. You will be billed next month and you have 20 days interest free period, meaning you have total 50 days
During this period put this money in bond fund / money market fund / one month fixed deposit, eat the interest
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Why load in 3006 can only withdraw 3k?

majorarmstrong
post Jun 25 2018, 11:06 AM

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Gonna stick with Boost... Their App quite interesting especially the Boost Cup

Going to share my stats here
majorarmstrong
post Jun 25 2018, 04:47 PM

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QUOTE(Carlo J @ Jun 25 2018, 11:13 AM)
Wow, that's impressive.

You spend a lot eh?

I didn't spend much, still at bronze lol..
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i keep top up RM10 lo...
and at my place here (puchong) got a few merchant already sign up
one sell fresh meat
one sell sarawak noodle
one sell cloths
hoping for more to come
nearby my place also got tealive ma...
so on the day not enough token just top up RM10 la...
keep topping up and after world cup over then withdraw all and pay RM2 ma...
worth investing as i want to move up to top 5

majorarmstrong
post Jun 25 2018, 04:57 PM

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My prediction
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majorarmstrong
post Jun 25 2018, 05:09 PM

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QUOTE(Carlo J @ Jun 25 2018, 04:58 PM)
I see, that's quite a good investment..

Are you team blue or team yellow?
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Team yellow
majorarmstrong
post Jun 25 2018, 05:10 PM

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QUOTE(Carlo J @ Jun 25 2018, 11:13 AM)
Wow, that's impressive.

You spend a lot eh?

I didn't spend much, still at bronze lol..
*
As off now rank 77th
Still long way to top 5
majorarmstrong
post Jun 25 2018, 05:35 PM

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QUOTE(WaCKy-Angel @ Jun 25 2018, 05:23 PM)
does merchant need to pay any commissions to Boost?
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I talk to the meat seller he say now free till end of December

majorarmstrong
post Jun 25 2018, 07:57 PM

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QUOTE(snowswc @ Jun 25 2018, 06:48 PM)
aiyo.. you can check your transactions history. anyway, the money still credit to you but for my case, i don need to much $$, so i ask for refund.
*
Just do the transfer out then ask them to waive the withdrawal fee
majorarmstrong
post Jun 25 2018, 08:23 PM

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i have issue where during top up of Boost wallet it just hang there
then i have to forcefully end the App and restart
then reload again
check back credit card statement confirm no double charge

This post has been edited by majorarmstrong: Jun 25 2018, 08:54 PM
majorarmstrong
post Jun 26 2018, 01:39 AM

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My stats - can't believe Saudi won over Egypt

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majorarmstrong
post Jun 27 2018, 09:20 AM

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Latest stats - not doing well
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majorarmstrong
post Jun 27 2018, 04:23 PM

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QUOTE(azam_halim @ Jun 27 2018, 03:33 PM)
i tot overall team yellow i loosing far far away from team blue?...so does it matter if you no1 in team yellow?
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Team Blue too many ppl so hard to get to even get to SILVER
the team score does not matter

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