What Is the Public Bank (PB) UTAR Mastercard Debit Card?
This is a co-branded card designed for the UTAR community. It functions as a safe, easy, and convenient Mastercard Debit Card that combines the utility of an ATM card with global acceptance for purchases. It directly deducts payments from your linked Public Bank deposit account.
What Are the Benefits?
- Free-For-Life Card: Enjoy zero annual fee forever, with absolutely no terms or conditions required!
- Earn Passive Income: Your funds work for you! You earn monthly interest calculated on the daily balance in the card account.
- Guaranteed Funds (Automatic Sweep): This convenient facility transfers funds immediately from your linked Savings or Current Account to your Debit Card Account. It automatically tops up the card's balance to RM200 daily to help you avoid transaction shortfalls when shopping.
- Worldwide Cash Access: Get instant cash from any Mastercard / Cirrus ATM globally.
- Free Local ATM Withdrawal: The standard RM10 service fee for cash withdrawals at Public Bank ATMs is waived.
- Deposit Protection: Your money is protected by PIDM up to RM250,000 for each depositor.
Who Can Apply For This Debit Card?
- Principal applicants must be at least 12 years of age.
- Supplementary applicants must be at least 12 years of age.
- Applicants aged between 12 and 18 years old must have the application form completed and signed by a parent/guardian.
What Are the Required Documents to Apply for This Debit Card?
- A valid Personal Deposit Account (Savings Account or Current Account) with Public Bank, to be linked to the card.
- A completed application form (including parent/guardian signature for minors).
- Identification Document (e.g., NRIC or Passport) is typically required.
What Are the Fees That I Need To Pay?
- Annual Fee: Free For Life (waived without condition).
- Card Replacement Penalty (Lost/Stolen/Damaged): RM12.00 per card.
- Cash Withdrawal at PB ATM: Waived the RM10.00 fee.
- Cash Withdrawal at Non-PB ATM (Local or Overseas): RM10.00 per successful transaction.
- Overseas Conversion Fee: Mastercard exchange rate + 1.25% foreign exchange spread charged by Public Bank.
- Cash-Out Fee (via POS): RM1.50 per successful transaction.
