Now its RM20 = 1400 points
So 10k points = RM142 or roughly 7x RM20 Giant Voucher, which you can only redeem 1 or 2 when lucky.

This is really getting shit. I think Samseng want us to change to Big points and redeem at 1 cent per point. Now we are at 1.4 cents from 2.5 cents previously. More than half way there

Now as consolation when I do use spay, I think of it as one way to accrue Air Asia Big Points.

Although I hate Air Asia. Maybe one day can redeem a cheap short haul flight that wont kill my legs.

2k points from 50 usage a month is still quite significant viewed from Air Asia perspective. Take recent flights
KL-Taiwan - 1360 points one way on go corporate
KL-Penang - 350 to 380 points on way (corporate as well)
Which is really ridiculous.

I hate flying Air Asia as well, but if theres nothing to redeem on Spay, and we still accumulating 2k points a month...

I haven't redeemed anything from AA. The corporate ticket i guess is company pays more, but I dont think point is much more.. points I guess is more based on how much in RM the ticket is I guess...

0.11 to 11.11 based on the TnC

i also got 0.12 cents.. kena tipu points by spay

Spay have now devalued to 1points = 1 cent to be on parity with Big Points. While this is expected long term behaviour, it happens way sooner than expected.

But even then, maintaining Gold is still ok. Use spay = 40 points = 0.40 rebate. If nothing to redeem, then use as AirAsia or maybe go makan at their restaurant.

Thanks.. not too bad, 1.4 cents per point.. I'll grab it

its because of interchangeability, that value of the AA points and SPay points will converge over time. Without knowing the details of the conversion agreement, and based on informed speculation on how it works:

1. Spay and AA should have an agreement that they allow interchange at 1:1 between users
2. But there must be a value attach to it, if not, lets say everyone on AA converts their point to Spay, then samsung ended up paying the bill for the loyalty program of Air Asia
3. It will probably be on a "nett basis". Means if nett transfer is from AA to SPay, then AA pays SPay for the nett points
4. If Spay get 1cents per point from AA, then they can only afford to cost their rewards to 1 cent, else they will be subsidizing AA customers
5. No matter which way is more popular (we tend to think Spay), nett effect is monetary value will converge to 1 cent = 1 point (the lowest valuation)

There is no fair value to the points - its worth what Samsung rewards tell us it is worth. If not happy, can go to AA points and its worth what Tony says its worth.

#lifeisnotfair
#dealwithit
#dontbuySamsungbecauseofSpay

https://ringgitplus.com/en/blog/e-wallet/sa...allet-soon.html

Ringgitplus says SPay will partners with Boost soon

This post has been edited by BFGWong: Mar 4 2020, 07:00 PM

i encountered the issue as well. only that time on 15/4 was the reward points awarded. yesterday, same as everyone else. shows on trx history but no points.

If anyone manage to get a response from spay pls share ya

How do you contact them? I used the live chat, the outsourced CS told me cannot it expired again and again.

Thanks for the info. I can't find the email link in my samsungpay app, only have the phone number. But there seems to be a build in message option. Let me try that.

Treat it as easy way to get AA points and hope AirAsia doesn't go bankrupt

The backup plan was convert to AA points and redeem tickets at 100 poins = RM1 (40 cents per use)

Now only left option of convert to AA points and redeem at Fave at 150 points = RM 1 (27 cents per use)

Still more reward than TNG or BoostShitPoins

The devaluation is worse. RM699 RRP phone, 75k points

Very soon the best value we can get out of spay points is to use on Favepay at 150 points to Rm1

I guess those people who abused BigPay last time by double dipping are the beneficiary.
The 10 units Galaxy A50 at 100,100 points each must be the record high redemption requirements I have seen and yet gone within minutes/hours?

Genuine SPay users will need 50 months to collect that much points.

Call maybank customer service to reset your card from samsung pay. it will reset all phones or watch that you have the card. then you can add again up to 2 devices per card

I haven't received it either

I get the left one (slower one) for the discounted redemption