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

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tifosi
post Jan 20 2019, 04:32 PM

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QUOTE(lol0919 @ Jan 20 2019, 03:54 PM)
Why is Bigpay block cards issue by AEON....
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BigPay doesn't block any AEON cards. I've been top uping with my AEON Gold and AEON Big.

But they do block the card if you did too many of the same transaction per day.
tifosi
post Jan 28 2019, 04:09 PM

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I love BigPay because I can top up from my CC and consolidate all my spending in a single card while getting rebate from all my CC issuers. I am not like most typical forumer to reload and withdraw (maybe done once or twice because hitting 10k limit).

But if it's classified as Cash Advance, it'll be in the drawer until I purchase any AA flight.
tifosi
post Mar 8 2019, 02:46 PM

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QUOTE(BigPayJonathan @ Mar 8 2019, 01:21 PM)
Yes! Confirmed smile.gif Please join us next Friday at Common Ground Bukit Bintang from 2PM/2.30PM until 6PM tops. We'll also have open sessions where you can discuss your experience and tell us what features you'd like to see! Please RSVP by end of today ideally! http://bigpay.link/sessions153
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For the next event, would be great if it could be held on weekend or after work so more people from the 9-5 working community could join.

Touch n Go RFID hold their group meeting events on weekday night with nice round table dinner. Just FYI tongue.gif
tifosi
post Mar 22 2019, 10:12 AM

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QUOTE(lanunfox @ Mar 22 2019, 04:12 AM)
Withdraw 100k korean won at Busan Airport, BNK bank. Transaction fee RM10.[attachmentid=10208577]
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RM 23 extra for that sum of money. I think money changer would give a better rate in this case.
tifosi
post Apr 17 2019, 11:38 AM

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QUOTE(XavierSupreme10 @ Apr 17 2019, 09:45 AM)
user posted image

Multiple bp with 1 cc..
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Enjoy abusing it and when bank revise their T&C, you know why.

This is the same thing as queue jumper where they only think of themselves and jump in front of the queue to save their time and create massive jam behind for everyone behind wasting so many others time.
tifosi
post Jun 10 2019, 03:52 PM

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I thought there's an ATM limit of 5000 per card per day? How can she withdraw 28k one shot?

This post has been edited by tifosi: Jun 10 2019, 03:52 PM
tifosi
post Jun 14 2019, 12:30 PM

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Just accept it that's nothing you can do with surcharge. There are so many ways to go about that. Many go by cash discount nowadays, isn't that the same?

Or if they hike the price to cover CC charges, then everyone complain why cost of living is so expensive.

The best is to push the merchant rate even lower, and from there the effect multiplier would be more effective.
tifosi
post Jun 26 2019, 12:16 PM

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They should set, withdraw capped at 10k per year, but swipe, unlimited brows.gif
tifosi
post Jun 26 2019, 02:54 PM

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QUOTE(noteuser25 @ Jun 26 2019, 02:30 PM)
Hello guys. Just wanna ask. If I want to book a room in Airbnb using bigpay, will it be a success?
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Can, just reminder if you pay 50% now and 50% later, just make sure you have enough funds during the latter 50% deduction.
tifosi
post Jun 27 2019, 10:46 AM

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QUOTE(noteuser25 @ Jun 26 2019, 09:03 PM)
Alright thank you but can I pay everything at once? Or it must be 50/50
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Can pay at once. But I didn't. Why pay them first when can pay them later tongue.gif
tifosi
post Jul 3 2019, 02:00 PM

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QUOTE(majorarmstrong @ Jul 3 2019, 01:14 PM)
going thailand this weekend - gonna spend with my BigPay again hope rate is good. anybody know what is the thai exchange rate at BP now? how to check?
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Money changer: 13.575 for 100 baht.

Heading to Thailand next week also. At first I though of swiping there for most items with BP, then I saw how MYR is dropping. Ditch the BP idea and changed real hard cash 2 months ago at money changer.

Changed 20k baht at 12.97. Compare if I go there and use BP, I need to fork out RM 120. So sometime, BP is not the best idea laugh.gif

Biggest regret - didn't change more tongue.gif
tifosi
post Jul 3 2019, 06:17 PM

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QUOTE(Reventon @ Jul 3 2019, 05:27 PM)
On the other note you can use Merchantrade card to change it to THB if you feel the rate is good. Their rate is very competitive as well. Sometime its even better than BP.
Hope the prepaid card limit increase in future. For verified account should make it to 30k .
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I've always on the hunt for cheap currency because I do travel quite a bit. BP has great rates, but I can't lock in rates when I think it's cheap for me to buy. Hopefully someday they can introduce multi currency card. BigPayJonathan

I did toyed with the idea of Merchantrade but thing is I don't know how reliable is it. I don't want to wake up one day and read Merchantrade has gone bankrupt laugh.gif Same with YouTrip. And I also can't register as you need a Singapore mobile.

And banks, you need a lot of capital for foreign account. Not to mention their rate sucks.
tifosi
post Jul 3 2019, 10:26 PM

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QUOTE(mr_tuzki @ Jul 3 2019, 09:25 PM)
You can't compare like that. That is currency speculation. It could go up, but similarly it could go down, and you could have saved an additional RM120.
What we're comparing is like for like. So on a particular day, we compare BP forex rate vs money changer rate, and BP rate is lower.
If you have knowledge / experience in currency trading and think that MYR is gonna depreciate, then of course go change foreign currency now, but that's in the realms of currency trading / speculation already, which has it's ups and downs.
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I know forex relatively well. I do trade. But with BP, I can’t lock in the rate at a particular time. I’m not saying that BP doesn’t have good rates, it’s does. But I’m trying to say not 100% of the time BP will be the best solution.

That’s why if BP can hold foreign currency (like YouTrip), then it’ll be so much greater travel card especially with their great rates.
tifosi
post Jul 3 2019, 10:54 PM

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QUOTE(coo|dude @ Jul 3 2019, 10:40 PM)
No need to look that far, there's one in Malaysia already that you can consider: Merchantrade Money Visa Prepaid.
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Yeah, I think I need to do more research on it. I know it can do that, not too sure what’s the spread. Need to compare and see. And hopefully it can be converted back and cash out easily if I need the cash.

Let’s not get derailed.
tifosi
post Jul 21 2019, 10:01 AM

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QUOTE(majorarmstrong @ Jul 21 2019, 09:45 AM)
Still possible now?
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Stop asking how to go around the loopholes. If you wanna try and get your card block yourself, go ahead no one is stopping you but don't go keep asking every single question if people done it before.

Is your card, try all you want.
tifosi
post Jul 22 2019, 11:26 AM

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QUOTE(cybpsych @ Jul 22 2019, 10:09 AM)
if u guys noticed, for few months already; there is no more 10k cc reload limit (as far as bigpay app's concern)

the checking is only to wallet limit (10k), and show you the balance to topup.
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I still can't top up more than 10k via CC in June. I had to use bank transfer after maximizing the 10k.

This post has been edited by tifosi: Jul 22 2019, 11:27 AM
tifosi
post Jul 22 2019, 11:44 AM

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QUOTE(cybpsych @ Jul 22 2019, 11:31 AM)
i noticed back in apr/may when the max topup balance was >9k at the end of the month (i've topped up few Ks in that month). i thought the cc limit was somehow reset, but noticed it's the balance for wallet limit instead.

didnt try to topup. still abiding the "10k reload per month rule"  laugh.gif
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Normally 10k is more than enough but that month I have heavy purchases, so I needed extra. Tried to top up beyond that, aiya cannot. So need to resort to bank transfer.

They should limit people from withdrawing from ATM max 5k a month but can top up unlimited amount to be used.

Our currency is so weak, 10k can barely purchase anything in foreign currency cry.gif
tifosi
post Aug 2 2019, 03:17 PM

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QUOTE(joevo2 @ Aug 2 2019, 02:02 PM)
I think the most logical way to deal with CC topup and withdraw/transfer is to have a surcharge for CC topup while lower rate for mydebit and free for online banking.

With that BP should have free instant transfer using DuitNow to any bank. With that BP would be a nice "Digital Bank" with a really good app (in comparison to our other local bank app) that we can use to pay our bill, act as salary account and transfer to friend.
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No. That would not be effective. They need to encourage people to use BP and not deter them. Free top up, but charge them if they want to take out the money from BP. It's a win for BP because the money would be stuck in the ecosystem and people really use BP instead of just the gateway/intermediary of getting cash back from CC.

I've been a long advocate of that. Top up for use BP as normal instead of withdrawing. This abuse also cause the CC companies to pull back cash back because since everyone is topping up and withdraw, how la bank going to sustain.

What they can do is charge maybe like 1% or more if you want to withdraw/transfer to your bank account while offering great rates for TT to foreign account/swipe in foreign currency.
tifosi
post Aug 2 2019, 04:00 PM

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QUOTE(joevo2 @ Aug 2 2019, 03:48 PM)
The goal of BigPay is to be a worthy competitor to bank.

If there's transfer fee/premium of let say 1% to other bank, that would not be possible for them to be a Digital Bank. That  would only make them at most a prepaid card.

Agree that they would want people to keep the money in them but instead of a transfer premium, they should apply interest of some sort to encourage people to transfer in/keep the money in it.

Charging extra for foreign transfer I would not complain but local transfer would be a big no no for me.

Some oversea digital bank/multi currency prepaid card (cant recall which one at the moment) have a fee for CC topup but not for online banking/debit card. I think this is a good way to deter people from topping up via CC then withdrawing.

The usecase you are describing is perfect for prepaid card. But again... Their goal is to be a digital bank like Revolut/Monzo in europe or WeBank in China. They are not going to stay being just a prepaid card. Thus they need bank transfer to make it a "Digital Bank"
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If they wanna go for digital bank, they cannot focus on BP Card anymore. They have to launch new products and feature that attract more consumers over. If just the local transfer to bank without any other benefit, nobody is really going to use it. BP card is just one small avenue.

It's gonna be interesting time ahead.
tifosi
post Aug 7 2019, 01:03 PM

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QUOTE(skty @ Aug 7 2019, 12:15 PM)
ermm. its a good thing to have. better than nothing. once a while redeem free ticket fly here fly there also nice.

but don't need to spend your precious time keep biting on it.
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By the time you think you've enough to redeem, those points expire liao. I think I need to collect 10 years to be able to fly to Bangkok.

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