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Prepaid Cards BigPay - Prepaid MasterCard (with Mobile Apps) V2, CashBack, BigPoint & Remittance

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Tigerr
post Aug 11 2018, 10:54 AM

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QUOTE(LostAndFound @ Aug 11 2018, 10:12 AM)
Yes, which is why I mentioned specifically the cashback cost. Understood that BigPay is fronting the cost for top ups, which is why I'm agreeable to the 10k limit (obviously not all are). But that cost pales in comparison to the costs being borne by the source banks (cashback costs + fronting the total amount pending repayment).
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If the bank didnt make money, they wont give u the cash back so generously and they will cut the benefit subsequently. Bank earn much more $ from those late payments n the 18% interest every month
klsooo
post Aug 11 2018, 11:01 AM

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Seems like top up boost using big pay no more given big points.
tan_aniki
post Aug 11 2018, 11:01 AM

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QUOTE(Tigerr @ Aug 11 2018, 10:54 AM)
If the bank didnt make money, they wont give u the cash back so generously and they will cut the benefit subsequently. Bank earn much more $ from those late payments n the 18% interest every month
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Yes, we are only small fish, those that owe them money are the big fish, they just keep on attracting people with this type of CB offering to get more fish~
Tigerr
post Aug 11 2018, 11:06 AM

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QUOTE(tan_aniki @ Aug 11 2018, 11:01 AM)
Yes, we are only small fish, those that owe them money are the big fish, they just keep on attracting people with this type of CB offering to get more fish~
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There are many people ge trapped unconsciously thru their spending because want to maximize the cb or enjoy some of the promotion n unaware of overspending n some get caught in financial trouble. Go akpk page u will know how many people get stuck with cc debts n not afford to pay back n imagine the interest every month got to pay. Example. Just a 50k out standing will get u to pay 750 amonth n this will keep adding up every month.
TongCN
post Aug 11 2018, 11:31 AM

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QUOTE(klsooo @ Aug 11 2018, 11:01 AM)
Seems like top up boost using big pay no more given big points.
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Any proof? Mine although money transferred to boost yesterday, Big Pay still showing pending when I clicked in detail

So big points haven’t approved.
OKLY
post Aug 11 2018, 11:40 AM

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Just tried to use my new card trying to pay via contactless but it failed. Does it require some sort of activation? Have to use PIN for now.

CC: BigPayJonathan

This post has been edited by OKLY: Aug 11 2018, 12:21 PM
laymank
post Aug 11 2018, 12:03 PM

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QUOTE(klsooo @ Aug 11 2018, 11:01 AM)
Seems like top up boost using big pay no more given big points.
*
QUOTE(TongCN @ Aug 11 2018, 11:31 AM)
Any proof? Mine although money transferred to boost yesterday, Big Pay still showing pending when I clicked in detail

So big points haven’t approved.
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Mine shows 'Settled', but there is no point awarded, too.
digidigi
post Aug 11 2018, 12:28 PM

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QUOTE(laymank @ Aug 11 2018, 12:03 PM)
Mine shows 'Settled', but there is no point awarded, too.
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Sometimes take few days after settled, chill
facktura
post Aug 11 2018, 12:39 PM

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QUOTE(OKLY @ Aug 11 2018, 11:40 AM)
Just tried to use my new card trying to pay via contactless but it failed. Does it require some sort of activation? Have to use PIN for now.

CC: BigPayJonathan
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previously, wave function can only be activated after using the card normally using PIN. Now u may try to wave since u used once with already.
ClarenceT
post Aug 11 2018, 12:46 PM

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QUOTE(Tigerr @ Aug 11 2018, 10:54 AM)
If the bank didnt make money, they wont give u the cash back so generously and they will cut the benefit subsequently. Bank earn much more $ from those late payments n the 18% interest every month
*
QUOTE(tan_aniki @ Aug 11 2018, 11:01 AM)
Yes, we are only small fish, those that owe them money are the big fish, they just keep on attracting people with this type of CB offering to get more fish~
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We are one of the 43.6%, minority!

[2017 - Parliament]

Lee said on an average, 43.6 per cent of total cardholders settled their credit card debt completely in the January to June 2017 period, while another 43.6 per cent pay up at least five per cent of the outstanding balance in the same period.

He adds that the remaining 12.8 per cent are cardholders who do not pay even the minimum payment of their outstanding balance before or within the due date.

He stated that there are 3.6 million credit cardholders up to June this year.

Based on statistics released by the Statiscs Department in 2016, he said the figure represents per cent of the 20 million population aged between 20 to 74 years old.
Tigerr
post Aug 11 2018, 12:53 PM

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QUOTE(ClarenceT @ Aug 11 2018, 12:46 PM)
We are one of the 43.6%, minority!

[2017 - Parliament]

Lee said on an average, 43.6 per cent of total cardholders settled their credit card debt completely in the January to June 2017 period, while another 43.6 per cent pay up at least five per cent of the outstanding balance in the same period.

He adds that the remaining 12.8 per cent are cardholders who do not pay even the minimum payment of their outstanding balance before or within the due date.

He stated that there are 3.6 million credit cardholders up to June this year.

Based on statistics released by the Statiscs Department in 2016, he said the figure represents per cent of the 20 million population aged between 20 to 74 years old.
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On average...it is 1 pay on time n earn the rebate n 1 didnt pay up n pay 18%. Bank still make good profits with this ratio. Give out average 1% or lesser but earn up to 18% interest.

Many card holders are not aware how to maximize cb. Like yesterday i share the Bigpay card to my aunty. She said dont waste time on this small rebates
cybpsych
post Aug 11 2018, 12:57 PM

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QUOTE(facktura @ Aug 11 2018, 12:39 PM)
previously, wave function can only be activated after using the card normally using PIN. Now u may try to wave since u used once with already.
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previously? for bigpay?

the one reported was mbb ikhwan MasterCard. not sure if the behavior applies to all MasterCard wave or specific to bank's implementation.
!@#$%^
post Aug 11 2018, 01:01 PM

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anyway the lesson is all these benefits will not last forever, just use it to the fullest for now.
cybpsych
post Aug 11 2018, 01:04 PM

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wasting time and forum resources here with too many generalization and assumption.
klsooo
post Aug 11 2018, 01:41 PM

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QUOTE(TongCN @ Aug 11 2018, 12:31 PM)
Any proof? Mine although money transferred to boost yesterday, Big Pay still showing pending when I clicked in detail

So big points haven’t approved.
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Mine still pending also.

But for last boost top up, big pay points awarded after one day
benwpc
post Aug 11 2018, 01:59 PM

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Paid to Great Eastern Epay, didn't receive bigpoint, the status is settled
hebe87
post Aug 11 2018, 02:03 PM

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QUOTE(benwpc @ Aug 11 2018, 01:59 PM)
Paid to Great Eastern Epay, didn't receive bigpoint, the status is settled
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check again tomorrow.
WilliamLim
post Aug 11 2018, 02:03 PM

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Failed to topup using aeonbig visa cc, tested the aeonbig cc on shopee it works and other visa on bigpay works. wondering what happen to bigpay. keep on getting "please check your connection" msg

This post has been edited by WilliamLim: Aug 11 2018, 02:03 PM
OKLY
post Aug 11 2018, 02:04 PM

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QUOTE(facktura @ Aug 11 2018, 12:39 PM)
previously, wave function can only be activated after using the card normally using PIN. Now u may try to wave since u used once with already.
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Thanks, did not thought of this. Will give the contactless another try.
alexwsk
post Aug 11 2018, 02:23 PM

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QUOTE(WilliamLim @ Aug 11 2018, 02:03 PM)
Failed to topup using aeonbig visa cc, tested the aeonbig cc on shopee it works and other visa on bigpay works. wondering what happen to bigpay. keep on getting "please check your connection" msg
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same with me, "Please check your connection msg" appeared, not even get to the TAC page
BigPayJonathan

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