What Is the Bank Islam Visa Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) Debit Card-i?
This is an essential card for anyone saving with, or repaying loans to, PTPTN! It's a special co-branded Visa Debit Card-i, created in collaboration with Perbadanan Tabung Pendidikan Tinggi Nasional.
It gives you all the power of a regular Visa debit card, allowing for POS, ATM, and online transactions, but uniquely links your everyday spending to your future educational financing goals by converting rewards directly into PTPTN value.
What Are the Benefits?
- Automatic Education Funding: Every retail purchase earns TruPoints, which are automatically redeemed for PTPTN e-vouchers every month (2,000 TruPoints = RM10 e-voucher).
- SSPN-i and Loan Account Credit: The redeemed e-vouchers are credited directly to your SSPN-i savings account (default option) or, if you are a borrower, into your PTPTN loan account.
- Wide Utility: Facilitates all major banking transactions, including cash withdrawal, deposit, fund transfer, bill payment, and direct access to your SSPN-i account.
- Shariah-Compliant Rewards: The TruRewards Program is based on the Shariah contract of Hibah (gift), ensuring ethical earning.
Who Can Apply For This Debit Card?
- Aged 12 years old and above who hold a Saving Account or Current Account (Qard) with Bank Islam.
- Aged 18 years old and above who hold an Al-Awfar and/or iGain Investment Account with Bank Islam.
- Cardmembers must have an active account to participate in the TruRewards program.
What Are the Required Documents to Apply for This Debit Card?
- A valid Bank Islam account (Savings, Current, or Investment) that will be linked to the card.
- Identification Document (e.g., NRIC or Passport) is typically required for account opening/card issuance.
What Are the Fees That I Need to Pay?
- Issuance Fee: RM10.00
- Annual Fee (Subsequent Years): RM10.00
- Cash Withdrawal at Bank Islam ATM: Free.
- Cash Withdrawal at MEPS ATM (Local Bank): RM1.00 per withdrawal.
- Cash Withdrawal at VISA Plus ATM: RM10.00 per withdrawal.
- Overseas Transaction Conversion Fee: 1.25%
