Are you making at least RM24,000 per year and just reached 21st on your next birthday? Then you are eligible to own your first Public Bank Classic Visa to get through your adulthood with no frills and no stress!
No annual fee
So…if this is your first time owning a credit card, the bank is generous enough to waive the annual fee of RM79.50 for the first year just for you.
Plus, you too can enjoy not paying annual fee for the subsequent years when you swipe this card at minimum 12 times per year.
0% flexi payment
Want to splurge before your pay day without anxiety kicking in? – say no more as you can opt to pay for your shopping via instalment plan of up to 36 months at 0% interest.
All you need to do is notify the bank when you are about to make the purchase and select your repayment period.
The bank will convert the big amount into smaller pieces which you can afford to pay throughout the tenure beginning from your next statement date.
Sometimes unexpected things show up when we are most vulnerable, such as not having enough money for lunch in the middle of the month (sigh!).
In this case, or any emergencies, you can make a cash out from your credit card, provided you have sufficient available balance, at nearby ATMs to cover for the shortfall.
What’s more, when you withdraw them at Public Bank Group ATMs or branches nationwide, you get to enjoy a preferential fee of 5.3%, subject to a minimum fee of RM21.20 per withdrawal.
Stop collecting unnecessary charges on your outstanding credit card balance by transferring them to Public Bank Balance Transfer plan at ZERO interest.
Pay only one-time upfront handling fee from as low as 1%, you can spread your outstanding balance over the long horizon, with repayment periods extended up to 36 months.
What to watch out for?
Well you need to have a discipline in repaying what you have owed. Can’t make a full payment? Then pay at least 5% of the outstanding amount before the 20-day grace period ends.
Otherwise, a steep finance charge in addition to late payment fee will come and bite you in your wallet!