TNG Visa Prepaid Card Is Currently Available To Apply For Some TNG eWallet Users

Alex Cheong Pui Yin

27th December 2022 - 3 min read

Touch ‘n Go Digital appears to have enabled applications for its long-awaited TNG Visa Prepaid Card via the TNG eWallet app for some users. This comes following an earlier leak of the design of the card over the weekend, featuring an artwork of colour splatters.

A member on popular local forum Lowyat.NET posted that a “Visa Card” tile has popped up on his app’s main page, as well as under the “Financial Services” section within the app. Upon tapping into it, the user was then able to tap on “Get Card Now” to start the application process.

Additionally, the product disclosure sheet shared during the application process also revealed that the new TNG Visa Prepaid Card comes with some fees, namely:

Card application fee: RM10
Annual fee: RM8
Card replacement fee: RM10
Card cancellation fee: N/A
Card Reload fee: N/A
Domestic ATM cash withdrawal fee: RM1.40
Cross-border ATM cash withdrawal fee: RM15
Currency conversion fee: 2% of transaction value

That said, the forumer stated that he only paid RM5 for his application instead of the RM10 listed in the product disclosure sheet, so it could be possible that the details in the document are still not finalised. Another TNG eWallet user noted on Twitter that the annual fee is listed as RM18 in his application instead of original RM8 – which further hints at the probability that details have yet to be firmed up by TNG.

Finally, Touch n'go visa card Already available in the app#touchngo #tngo #tng #touchngovisacard #visacardtouchngo pic.twitter.com/ye3LA1FUyu
— NEWS CHANNELS (@NEWSCHANNELS01) December 26, 2022

Aside from that, it is noted that delivery of the TNG Visa Prepaid Card will take between seven to ten working days after approval. Users who apply for the card will also be able to add their names on the card if they wish.

TNG had announced its plan to roll out a prepaid card with Visa more than a year ago in October 2021. At that time, it also shared that the card will be tied to the TNG eWallet – which means that users can conveniently top up the card through their eWallet – and that it will be rolled out some time in 2022. However, little was said about it since then, until the temporary appearance of its FAQ document on the TNG eWallet Help Centre recently (which was subsequently taken down), along with an image of the card’s design.

Given that some users are already seeing the “Visa Card” tile in their apps, though, the actual launch of the card might just happen within this last week of 2022. We will continue to keep an eye out for further developments.

(Source: Lowyat.NET)

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Alex Cheong Pui Yin

Previously covered recruitment-related stories and had a short stint as a copywriter for the property industry. She subsequently developed an interest in investment and robo-advisors.

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