fruitie sis's genuine concern is that she will lose out on the potential online cashback on the 1x monthly deduction for PTPTN. She still gains online cashback on the additional 1x monthly instalment paid manually.

It is understandable, really. The mandatory monthly deduction is an effective way to force PTPTN defaulters, to pay the monthly loan instalments.

However, the mandatory monthly deduction unfairly penalizes the diligent people who promptly pay the monthly instalment, manually with credit card to gain online cashback, such as fruitie sis and other well-informed posters in this subforum.

I wonder whether PTPTN will allow borrowers to opt out of mandatory monthly deduction, provided that consistent loan repayments are shown for the last 12 months.

I guess that there is no such thing, such as a perfect system.

This post has been edited by kart: Dec 5 2018, 07:00 AM

Alright, it does show that 600 Public Bank Credit Card users who are hyper competitive charge collectively RM 288000 (=RM 60 x 8 x 600) to their credit cards, within 6 vampire hours or so.

Most of the transactions should be for BigPay. Every Monday morning till the end of December 2018, BigPay Malaysia Sdn Bhd should be very happy to receive about RM 288000 of money contained in their prepaid cards.

This post has been edited by kart: Dec 14 2018, 04:38 AM

Well, it also means that Public Bank "organizes" “Spend Now 4 More Cash Back” Promotion, 48 times each day, for 20 working days in each month.

It is kind of a menial job typing seemingly countless OTPs. However, if Public Bank is more than willing to offer a salary of RM 48,000 per month for anyone who wants to do such menial job, many of us (not all of us for sure), me included, will accept such generous job offer.

Yeah, I was just dreaming. It is definitely not possible, for Public Bank which is perceived to be very stingy, compared to other banks in Malaysia.

This post has been edited by kart: Dec 15 2018, 04:45 AM

Can you call Public Bank Customer Service, to ask about the merchant category code (MCC) of all your Shopee app transactions?

If Public Bank Customer Service Executive says that your Shopee app transactions are not online transactions, just ask the CS how Public Bank classifies your Shopee app transactions. Did Public Bank detect the transactions as direct marketing, direct debit, and so on?

Post the clarifications given by the Public Bank Customer Service Executive in this thread, so that the credit card experts here can help you to figure out why there is no online cashback given for your Shopee app transactions.

Good luck.

This post has been edited by kart: Dec 20 2018, 06:10 AM

Ok, I may not have the complete and correct ideas of PB RCB Mastercard Premier Debit Cards.

But, RCB stands for Red Carpet Banking, privilege banking for Public Bank (https://www.pbebank.com/Personal-Banking/Ba...Privileges.aspx).

The requirement for getting the debit cards:
RCB Elite Debit Card: RM 1 million or above in aggregated deposits in Public Bank

RCB Gold Debit Card: RM 0.3 million to RM 1 million in aggregated deposits in Public Bank




This 5% online and overseas Cash Back is a promotional cashback for a limited period, unlike the default feature cashback of any other Public Bank which is credited on next statement date. And, it requires a minimum spend of RM100 per transaction.

Perhaps, it is suitable for high-rollers who spend a lot, such as ClarenceT. Since I am just a small potato, I just exclude myself from this fancy banking product.

This post has been edited by kart: Dec 30 2018, 07:38 AM

DarReNz

Eligible for 5% Dining Cashback for Public Bank Quantum MasterCard:

MCC 5812 - Eating Places and Restaurant:

Kenny Rogers Roasters - Sunway Velocity Mall

- Address: Lot 4-05 & 4-06, 4th Floor, Sunway Velocity Mall, Lingkaran SV, Off Jalan Peel, Sunway Velocity, 55100 Kuala Lumpur.

- Shown as 'KENNY ROGERS-SVM KUALA LUMPUR MYS', in credit card statement.

- RHB Bank Credit Card Terminal, which has the shape of a handphone, instead of a conventional credit card terminal.

- The Kenny Rogers cashier will request the cardholder to provide mobile phone number. After that, RHB Bank (the acquirer bank) will send the SMS notification of the dining transaction, to the mobile phone number of the cardholder.

This post has been edited by kart: Feb 12 2019, 10:16 PM

Let's assume that such SST rebate is offered for Quantum MasterCard. If I spend RM 500 within 60 days on online and dining transactions, do I still get the usual 5% cashback (the default feature of the credit card), in addition to the RM 25 SST rebate?

Thank you very much for your confirmation, tan_aniki.

This post has been edited by kart: May 25 2019, 12:33 PM

DarReNz

Eligible for 5% Dining Cashback for Public Bank Quantum MasterCard:

MCC 5812 - Eating Places and Restaurant:

Black Canyon Restaurant - Sunway Velocity Mall:

- https://blackcanyon.com.my.

- Shown as 'BLACK CANYON - SVM KUALA LUMPUR MYS', in credit card statement.

- Ambank Credit Card Terminal.