Public Bank Credit Card Cash Back Bonanza

Public Bank is having its Cash Back Bonanza with Credit Card campaign from 4th August 2014 until 4th January 2015. There are two promotions in the campaign, namely the card acquisition cum activation offer promotion and cash back promotion. The first one is open to new-to-bank customers who apply for any Public Bank credit card as Principal Cardmembers (except co-brand credit card) while the latter is open to all new and existing Public Bank Principal Credit Cardmembers.

Public Bank Step Up FD

Public Bank launched the Super FD promotion during the first half of Year 2014. From 1st June to 30th September 2014, Public Bank brings you another Step Up FD promotion that lets you earn higher interest rates on the next 2 rollovers. The campaign is open to all new and existing customers of Public Bank, including individuals aged 18 years above and non-individuals.

Public Bank Visa Signature Credit Card

Visa Signature is designed to enrich your lifestyle,  provides you with exceptional spending power, a high level of rewards, priority customer service, comprehensive insurance coverage, as well as exclusive privileges not found anywhere else. Public Bank recently launched its Visa Signature Credit Card with payWave function for easier and more convenient way to pay.

Public Bank Visa Commercial Card

A corporate card is a credit card issued to an individual under a corporate account, used for business expenses and the individual cardholder is the liable party. A corporate card simplifies processing of expense reports, as most items are noted on the card statement. It is issued to certain employees of a company for the company's convenience in managing travel expenses.

Public Bank Super FD Promotion 2014

Last year, Public Bank launched a 12-month step up bundled FD promotion, known as the Super FD, with up to 6.88% p.a. interest rate. The promotion has returned for Year 2014 and with even better rates, starting from today until 30th June 2014.

The campaign is open to all new and existing individual customers (personal or joint account holders) of Public Bank. Eligible customers are required to place fresh funds of minimum RM 30000 and in multiple of RM 5000 up to maximum of RM 3000000 into both PLUS FD and PLUS Savings Account (SA) at 80:20 ratio. 

The amount in PLUS SA will be earmarked for 12 months while the PLUS FD will be placed under 1 month tenure on auto-renewal basis and locked in for 12 months. Customers have the flexibility to withdraw at any time but only entitle for the prevailing FD board rates. 

The step up interest rate for each month is shown in the above picture. The promotional interest rate will be subject to revision should there be any Overnight Policy Rate changes. The interest rate for PLUS SA can be found here. 

The effective interest rate is 3.48% p.a., higher than that of previous Super FD. However, the minimum deposit requirement of RM 30000 is considered high in the market. You can easily find better rates with other banks with such requirement.

Public Bank Super FD Promotion

Public Bank has launched a 12-month step up bundled FD promotion, known as the Super FD, from today until 30th September 2013. The campaign is open to all new and existing individual customers (personal or joint accountholders) of Public Bank.

The eligible customers are required to place fresh funds of minimum RM 10000 and in multiple of RM 5000 up to maximum of RM 3000000 into both PLUS FD and PLUS Savings Account (SA) at 80:20 ratio. The amount in PLUS SA will be earmarked for 12 months while the PLUS FD will be placed under 1 month tenure on auto-renewal basis and locked in for 12 months.

Customers have the flexibility to withdraw at any time but only entitle for the prevailing FD board rates. The step up interest rate for each month is shown in the above picture. The interest rate for PLUS SA can be found here. The effective interest rate for this FD campaign is just 3.32% p.a., not that attractive if compared to OCBC FD promotion.

PB-Esso Mobil Gold Credit Card

In my previous post, I mentioned that Esso/Mobil gives the most rewards to their customers. Now, Petron has taken over Exxon Mobil petrol stations in Malaysia and the rebranding is in progress. Public Bank is currently having a campaign for its Esso Mobil Co-brand credit card, the PB-Esso Mobil Gold Credit Card, from 1st March to 30th June 2013.

The campaign is open to new and existing principal and supplementary PB-Esso Mobile Visa Gold Credit cardmembers. Eligible new principal cardmembers will be offered a RM50 Activation Cash Rewards payment (must swipe with minimum retail purchase of RM 80 within 2 months from card approval date) while all cardmembers can enjoy up to 5% cash rebate and up to 2,000 extra Smiles Points on purchase of fuel at Esso, Mobil or Petron service stations.

The maximum cash back each month per cardmember is RM 50. The cash rebate tier and extra smile points are shown in below table:

Total Monthly Purchase	Cash Rebate	Total Monthly Fuel Purchase	Extra Smile Points
≤ RM 100	0.5 %	≥ RM 100—RM 200	300
> RM 100—RM 200	1.0%
> RM 200—RM 500	2.0%	> RM 200—RM 500	500
> RM 500—RM 800	3.0%	> RM 500—RM 800	1000
> RM 800	5.0%	> RM 800	2000

The extra Smiles Points on fuel purchases at Esso, Mobil or Petron service stations is subject to a minimum total monthly fuel purchase of RM 100 at Esso, Mobil and Petron service stations and a minimum total monthly card usage of RM 600 on other retail purchase. For other retail purchases, cardmember can get unlimited cash megaBonus of 0.5%.

If your monthly petrol consumption is greater than RM 800, then this card is suitable for you. This card is free for life, so you can enjoy annual card fee waiver for life without any conditions.

PB FD Fortune

FD promotion for Affin Bank and RHB already ended on 31st December 2012. However, Public Bank just started its FD promotion from 1st January to 31st March 2013, or when it hits the overall limit of RM 2 billion.

The eligible customers are required to place fresh fund of minimum RM 10000 and in multiple of RM 5000 up to maximum of RM 500000 into both PLUS FD for 6-month tenure and PLUS Savings Account at 80:20 ratio. The interest rate for PLUS SA can be found here.

The step up interest rate for each month is shown in the above picture. The effective interest rate for this FD campaign is just 3.29% p.a., currently the lowest compared to other FD promotion:

Bank	Tenure	Min Amount	Bundle CASA	Min Amount	Actual Interest
Hong Leong	12-month	RM 10000	No	N/A	3.455%
UOB	3-month	RM 10000	No	N/A	3.50%
UOB	9-month	RM 10000	No	N/A	3.65%
Alliance	6-month	RM 10000	Yes	10% of FD	3.448%
RHB	15-month	RM 30000	Yes	10% of FD	3.219%

Earn Bonus Interest of 3.33% with Public Bank

If you miss out the Standard Chartered Step Up FD promotion, you could still go for Hong Leong FD or Public Bank 3.33% Reward Campaign which I'm going to share today. The campaign started from 1 June to  30 November 2012 and is open to all new and existing individual customers who open or maintain PLUS Savings, 50 PLUS Savings or ACE Current account.

A bonus interest rate of 3.33% p.a. on top of the prevailing interest rates of the respective account will be calculated for 90 days based on the incremental average daily balance (ADB) in the account.



You must deposit fresh funds into the Eligible Account during the 180 days period. Fresh funds are referred to as funds that do not originate from your existing account with Public Bank. During the 180 days period, your account must have a minimum incremental ADB of RM5,000. ADB is defined as the aggregate daily day-end balances for 180 days divided by 180.

PB Credit Card Cash Back Promotion

Public Bank credit card is having a cash back promotion of up to 12% with 12 swipes & 8% with 8 swipes, with minimum RM80 for each swipe. Cash back is capped at RM120 max per month. This promotion starts from 1st September.

All you need to do is SMS to register (one time registration only by Principal card), swipe and get cash back.

Please be reminded that below transactions are not qualified for the cash back:

1. Transactions that earn Cash Back under other on-going Cash Back promotion
2. Payments made for dining, on flexipay, auto-debit, balance transfers, recurring payments
3. Payments for utilities, direct marketing, insurance premiums, cash advances
4. Payment via www.pbebank.com and ATM
5. Purchases that are quasi cash, interest payments, late payment fees, finance charges, annual fees, reversals, government-related payments
6. Payments to charity(ies) and any form of service/miscellaneous fees.

Public Bank Day2Day Visa Debit Card

Public Bank offers a wide variety of Debit Cards. Among all these cards, PB Day2Day Card is the one that caught my attention. Let's look at the features of the card:

Features

1. 0.8% Cash Rebate on any amount spent on Petrol & Grocery, max rebate capped at RM30/month.
2. 0.3% Cash Rebate on any other retail purchase, unlimited rebate.
3. Credit balances will earn interest on daily balance in Savings/ Current Account.
4. Online E-statement with information of merchant, location, transaction amount & date.
5. Low eligibility age from 12 years old onwards.

But, bear in mind that there is an annual fee of RM8 for this card.