Setel app top up considered as petrol payment. Mcc updated to #5542

For more info, visit link below
https://www.setel.my/promotion/card-cashback

No info on whether petronas co-brand cards from CIMB and Maybank are eligible. But from the link, CIMB Petronas is not in the list. The assumption is that it is not eligible

Source Link

Setel 3x and enjoy exclusive 10% fuel cashback*

For new users only.
10% fuel cashback is only applicable when a user purchases fuel using Setel 3 times within 30 days of Setel account registration.
The first 3 fuel transactions have to sum up to minimum RM90.
Maximum 1-time cashback and cashback value of RM15 per user.
Example 1: Lisa performed 3 fuel transactions via Setel worth RM20, RM25 an RM45, which totalled up to RM90. She receives RM9 fuel cashback on her Setel app.
Example 2: Kevin performed 3 fuel transactions vai Setel worth RM100, RM50 and RM70, which totalled up to RM220. He receives RM15 fuel cashback on his Setel app.
For a limited time only.
Other terms may apply

I thought Fave no longer accept AMEX.

Ongoing promo :
Anyone gotten this rebate yet?
Wondering if can stack with Fave RM50 Setel for RM47.50 (5%) off
Then purchase the voucher using AMEX for 5% during weekend

Effective rate should be around 20% cb if able to get the 10% fuel cashback

Is the name of the app misspelled? Or an oversight from someone in the petroleum company? I would have expected it to be called 'settle'

two separate thing.

fave voucher (or whatever voucher) is to TOPUP into Setel wallet

the 10% (new user) cashback promo is tracked on your PURCHASE of petrol from Setel app. the campaign tabulates your spending.

[vouchers] -> [Setel App] -> [Purchase fuel] <- 10% cashback (new user)

this 10% promo has been running since 2018 when they introduced their app in Klang Valley. they kept extending it.
localized la

go watch their promo videos, etc.

So the 10% cashback only applicable for top up via Online Banking/CC, but not for Voucher top up.
Is that correct?

Setel is good. Can buy RM1 get RM10 petrol

New account only, first time only.

i find that swiping the physical credit card at the fuel pump is still FASTER than using Setel app.

I see the improvement from their first launch till now.
The app is faster when authorising fuel purchase, faster than using card. However the down side is you wont entitle any fuel category cashback when used credit card and all maybank cards no cashback.

there will be changes soon to be eligible for cashback

So the 10% cashback only applicable for top up via Online Banking/CC, but not for Voucher top up.
Is that correct?

after top up u have to go pump fuel la, pump rm90 above u can get 10% cb

So every time I use this app can get 10% cash back?

I query before to their customer service, the app nature is ewallet which none of the maybank cards will entitle.
Good to know they working on the eligibility of petrol category.