max limit to withdraw in Japan only 20,000 yen using Merchantrade VISA?

Please don't spread misinformation if you are not sure of it.
I am just back from Japan, so here are my experience of using this card:

1. You can preload it with yen and withdraw from their ATM. Granted that you find those that accept overseas Visa cards. Some examples include 7Bank (can be found in 7-11) and Japan Post  Bank.

2. Minimum withdrawal is 10,000 yen (for both 7Bank and JP bank that I tried). 7Bank processes a fee of 108 yen for 10,000 yen withdrawal, 216 yen for 20,000 yen withdrawal. Now I don't think there is ATM that does not have a fee anymore.

3. Merchantrade charges RM10 for each withdrawal. This transaction will NOT be recorded. So do take note.

4. Including all the fees, it is still worth it compared to exchanging money at money changer, as long as you transact more than RM50. Granted you can find ATM that accepts <10,000 yen withdrawal.

5. If you have enough yen, everything will be deducted in yen. If not, it will deduct yen first, then top up the remaining yen from your RM, with an extra small fee.

6. Japan is a little bit behind in cards acceptance. Most shops still swipe your card. Do make sure your magnetic stripe is still in good conditions. (No pins anywhere, signature please)

7. Major tourist shops and restaurants accept cards. I am able to get by with 30,000 yen cash for 2 weeks. (Well, I don't spend that much actually, so a bit of salt please)

8. Do carry some cash before you go. Transit tickets machine do not accept cards.

thank you so much for the insights and sharing! I'd seen guidelines on redrawing from Japanese ATM but you have to choose saving or credit right? did you pick saving or credit?
Going Japan next month and still debating to exchange 90% here first or 50% here 50% through the Merchantrade card cz the rates are getting much better 

Hi there

Can I withdraw the foreign currency like USD or SGD in hard cash from any of the merchantrade outlet in Malaysia?

Hi there

Can I withdraw the foreign currency like USD or SGD in hard cash from any of the merchantrade outlet in Malaysia?

Hi there

Can I withdraw the foreign currency like USD or SGD in hard cash from any of the merchantrade outlet in Malaysia?

hi all, i have a Naive question. can this be a tool that i can use to hedge/trade forex ? meaning i use myr to buy usd today, then some time in the future when usd appreciates, i change usd back to myr and pocket the difference as profit ?

Merchantrade Receives BNM Approval to Increase E-Wallet Limit Size to RM 20,000

https://fintechnews.my/23009/e-wallets-mala...ze-to-rm-20000/

Went to open a merchantrade account. Cashier asked for $100 but when I checked the app, balance is only $70. Why is it so?

RM10 join fee, RM20 refundable deposit, RM70 balance.
that RM20 won't show up in balance

Where can we top up merchantrade prepaid card using credit card?