Maybank Visa Debit Card vs Tune Card Visa Prepaid

[UPDATE : This Post is no longer VALID since Maybank has improved their Debit Card Service. Please refer my latest post regarding Maybank Debit Card. Thanks ]

maybank-visa-debit-card VS tunecard

Hi guys,

I read in the net that Maybank launched a new Maybank Visa Debit Card, I said WOW! that would be great since I have a saving account with them.So, I am expecting free service, easy top up and more shopping at the Internet.   I am glad more local banks start offering Visa debit card facility.

Steven Wong has made a summary about this new card :

To review whether this Visa debit card compatible to PayPal withdrawal, I spend sometimes to read on Maybank website, and here is the quick summary for your info:

  • Max daily withdrawal limit: RM5,000.
  • Daily accumulated purchase limit is RM500 and you can increase it anytime via bank’s ATM or over the counter branches to RM5,000.
  • First four withdrawal is FREE while a service charge of RM0.50 per transactions per card chargeable from the fifth cash withdrawal transaction onwards per month. However, service charge will be waived if your savings or current account has a balance of above RM5,000 at the time of withdrawal or the withdrawal amount is RM1,500.
  • Service charge for withdrawal transaction for:

  1. Maybank’s Group ATM in Singapore, Brunei and Philippines: RM2 each
  2. MEPS network: RM1 each
  3. Visa Plus Network: RM12 each
  • Existing Maybank ATM card holders can convert their cards with the one time cost of RM12. It is also the same cost for card replacement.

  • However, if you used up to 7 years (upon the expiry date, you will get the replacement at FOC).

  • Earn 1 TreatPoint for every RM3 purchases.

  • No annual fees, monthly interest rates or late charges.

So, since I am a Tune Card user plus have a Maybank saving account, I think it would be good if I compare this two card, rite ?

Below is a brief comparison of our very own Tune card Prepaid Visa Card vs Visa-branded debit card

maybank-visa-debit-card 6511
Product Maybank Visa Debit Card Tune Card Visa Prepaid
Charge/Fees – Service charge for withdrawal transaction for:

Maybank’s Group ATM in Singapore, Brunei and Philippines: RM2 each

MEPS network: RM1 each

Visa Plus Network: RM12 each

Annual fee ; RM 9.99

RM 2 only for Top Up at CIMB Bank, POS Malaysia and BSN

RM 1.15 withdrawals at CIMB ATM machine

RM0.50 only for online top up

Internet Transaction No Yes
Cash Out PAYPAL NO YES
Top Up Maybank Only Maybank2u,CIMB and POS office

Conclusion,

I better stick with Tune Visa Prepaid Card, Why ? As you can see it is more flexible and Internet friendly. The most important thing is you can withdraw your PayPal money with it.:)

By the way, you can use Maybank ATM card in Petronas Petrol Pump and selected Supermarket so why Maybank want to promote this Debit card instead. I think their business idea for this Debit card is weak because you don’t want to go abroad only carrying debit card right?. At least you must have a spare credit card for emergency.

For me, debit card or Prepaid card is only suitable for Internet transaction. Buy ticket,hosting,domain and eBay online. So if maybank overlook this thing than their debit card will be nowhere compared to by Tune Prepaid Visa Card.

Several feedback that I got :

1. The question now is: Can Maybank Visa Debit cards compatible to PayPal withdrawal? I search on the web and try to find any review on that, unfortunately, there is no review so far. The closest was Uncle FL Sam on his withdrawal to Maybank Visa Credit Card.

So, I called up this morning to Maybank Customer Service to find out the details. The Maybank staff that I spoke to also not sure whether it is workable. After 20 minutes checking and waiting, she told me “NO” for PayPal withdrawal. steven wong

2. I try to add MBB Visa Debit card with Paypal, its not work. The following message will appear…

“This credit card has been denied by the bank that issued your credit card. For details on why your card was denied, please contact your credit card issuer’s customer service department. Or, you may want to try adding a different credit card.”  zahidi

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Visa Prepaid Card for teenagers

red card

Sorry guys, I need to apologise you for not explaining the exact term for Prepaid Cards and Debit cards. Since all this while, I thought both are the same thing. Unfortunately, it’s not. I have been telling you that Tune Card from Tune Money is a debit visa card, right? Actually it is a Visa Prepaid Card. So what is a debit card then? I need to clarify the misconception about Tune Card is either a debit card or credit card.

A debit card ?

A debit card is issued by a bank to allow an individual access to his or her funds without having to physically go to the bank. A debit card can be used to withdraw cash from an automated teller machine (ATM) or to make purchases at merchant locations.

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Tune Card for your children?

Don’t be surprise when suddenly you 12 year old son asking you to get him a debit card (a prepaid Visa) at Tune Money.

“Papa, Can You get me a tune card, I want to cash out my PayPal money” 🙂

“See I have my own blog now”

Heheh My little daughter looking anxiously at my laptop

damia+blog
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Activate Your Tune Card at TuneMoney.com

First of all, I would like to thanks all of my reader since my blog is no 4 in Google search page for the  keyword “tunemoney”. That is after Tunemoney.com itself. 🙂 As my friend always mention, “What you give you will get back”.

Back to my mission to cash out my paypal account, as mention here. I called Tunemoney.com several time using my handphone at 600 83 7999, but failed. I even email to them since nobody call me for my application status.

After a few days, I got an idea to try to call that number using fixed line,

Walla!,

The line is through. After a few standard procedure question for verification, my card is already at POS office Tesco Shah Alam. The best thing was, tunemoney.com will NOT call you to pick up the card. Just go the appointed POS office after 7 working days.

So my advice, just call Tunemoney.com first to make sure. Rather blindly asking the counter, and your card is still not available. Wasting time and money, right?. Tunecard is still new since my number is 140,and the first person to pick up at POS office Tesco Shah Alam.Even the lady at the counter still got to be assist by her supervisor.

Just bring your IC, sign a few documents and pay RM 3 to them.That’s all. After that sign at the back of the card, and activate it.

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Apply Visa Debit Card at Tune Money.com

First of all, this is no post per paid just sharing my experience with all my reader, because sharing is caring. 🙂

To those who didn’t know, Tune Money is part of Denis Melka, Datuk Tony Fernandes and a few business entrepreneur new product. Together with Tune Hotel, and Insurance targeted for people like us. I am quite admire  Datuk Tony Fernandes business vision following his huge success creating Air Asia, a true entrepreneur.Now everybody can fly !

Ok , so lets move to our topic, why Debit Visa at Tune Money ? Simple

    •Instant online approval*;

•Easy access – you don’t require an existing bank account to sign up;

•Cash withdrawal at ATM machines worldwide;

•No income checks;

•No credit checks;

•Easy reloading options;

•No late charges;

•No financing charges;

•Affordable annual fees;RM 9.99

•No bills arriving at the end of the month;

•View your transactions online, real time;

•Exchange rate markup of only 0.5% (others may charge you a lot more – check it out for yourself if you don’t believe us);

•Security – if you lose your card, one quick phone call ensures that you do not lose your money. Whilst cash lost, is lost forever;

•Privacy – we adhere to stringent regulations for customer privacy, authentication and identity verification

and BLA BLA actually:the real reason why I sign for this Visa Debit card is for my PayPal account. I need to use Visa to cash out my money from PayPal. PayPal only accept Visa to make the payment. Since I validate my PayPal account using my Mastercard CIMB, so TuneMoney.com is the answer.

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