As u known, MasterCard is running heavy TV advertisements to promote the debit MasterCard. I have applied a PB Visa Electron debit card 2 weeks b4 but til now still did not get the approval yet and mayb will try apply AmBank NexG MasterCard also within this few days.
What is Debit MasterCard?
Basically, debit MasterCard card is a card which linked to ur saving or current account and allows u to make transactions using ur funds at any merchant that accepts MasterCard. The amount will be automatically deducted from ur account. The amount is not limit, u can reload as much as u can. But minimum is RM30..haha
Where to apply?
Currently, u can apply Debit MasterCard card from 2 local banks: AffinBank Berhad and EON Bank Berhad.
AffinBank Debit MasterCard — Generally, any1 who has an AffinBank account and 18 year old can apply the debit MasterCard by filling up a debit card application form. You can earn 0.5% cash-back per transaction when u spend.
The annual fee of the card is RM20 per annum.
Balance inquiry at other bank’s ATM is RM1 per inquiry.
Cash withdrawal at other bank’s ATM is RM7 per withdrawal.
EON Bank Debit MasterCard — I think the fees and charges are bout the same as AffinBank Debit MasterCard. You may want to goto EON Bank branch for more information
My concept is try apply as many card as u can if u are active internet savvy !!!