Public Bank Visa Electron Debit Card

Filed in: Life Log, Malaysia — June 14th, 2005

I got my debit card from Public Bank, it open a new big door for me to spend my money, and perhaps earn more money!

I got my Public Bank Visa Electron debit card yesterday morning, it was send by Pos Laju.

Unlike credit card, you won’t go bankcrupt because of using debit card because you need to have enough money in the debit card before you can purchase something.

In that way, you learned to manage your money better. :)

Why do I apply a card?

I do not shop. I apply it because I want to use it to open new opportunities of online business. Without a card, it is hard to do online sell & buy.

Why not credit card?

No, my salary is over RM1500 per month. :P In fact, I had applied for Citibank credit card once during my first job, but got rejected. Surprised?!

After that, I knew about Public Bank debit card can be used like a credit card online, cheaper annual fee(RM24), low requirements(generally, 18 year old or elder, got money in bank).

Therefore, I decided to get a debit card. I don’t do shopping, anyway. Credit card and debit card are same to me.

How am I going to use the card?

First of all, I added the debit card info to activate my PayPal account. I will use the card to verify my status in other online credit card processing system too. Then, I can fund in the accounts.

Besides, I can use the card to pay for some fees(e.g.: domain and hosting fee), buy books at Amazon, bid at eBay, etc.

Oh. I can buy PC games on behalf to my brother, too.

Earn money from the card?

This is my main purpose. I apply for debit card is not to spend money but to earn more money (from Internet). I am not going to reveal about my plans, yet. Business secret. :P

My two cents

Though there is limit in debit card, but self-control is still very important. When I got the card, suddenly I feel that I can buy ANYTHING(which is less than my bank account balance)!

That is dangerous. Need to always remind myself before using the debit card. Now I can understand why so many Malaysian cannot clear their credit card(s) debt… :roll:

On the other way, with the card in hand, I really feel that there is a door to online business openning for me. That’s great! :grin:

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  • LcF

    @Shahril: you can transfer money to your Visa Electron account through Public Bank ATM (cash deposit machine).

  • xflixz

    hi LcF,
    just wantt ask you,is PB Debit charge charge you Foreign Exchange /Conversion Fee when do the transaction online(not in Malaysia)?like tune Money charge 0.5% and NexG Mastercard charge 1% of the transaction?

  • xflixz

    hi LcF,
    just wantt ask you,is PB Debit charge charge you Foreign Exchange /Conversion Fee when do the transaction online(not in Malaysia)?like tune Money charge 0.5% and NexG Mastercard charge 1% of the transaction?

  • http://www.shopspree.co.uk/ visa electron paypal shops onl

    i should get one too! and visa electorn now can be used everywhere.

  • http://www.shopspree.co.uk visa electron paypal shops online

    i should get one too! and visa electorn now can be used everywhere.

  • Sapph

    Hi,
    about The PB Debit Card, I only applied for card only, not with the PB account bank since I know that we still can verify paypal with the card only without the account bank.

    But my question is, I just wanted to confirm this. I don’t have any Paypal money, but I wanted to spend the money from the PB debit card through Paypal. Will Paypal automatically reduce it from the card? Do we need to have PB account bank?

    Is there a restriction/limitation when spending the money from the debit card through Paypal?

  • Sapph

    Hi,
    about The PB Debit Card, I only applied for card only, not with the PB account bank since I know that we still can verify paypal with the card only without the account bank.

    But my question is, I just wanted to confirm this. I don’t have any Paypal money, but I wanted to spend the money from the PB debit card through Paypal. Will Paypal automatically reduce it from the card? Do we need to have PB account bank?

    Is there a restriction/limitation when spending the money from the debit card through Paypal?

  • John

    hi LcF,

    i got this probs regarding to my paypal account. I just verified my paypal acc yesterday. but i when i checked it today, there’s no balance in it. I thought it will link to my PB acc in 24 hours. My balance on PB acc is RM48. Am i missing something here? How do i link it to my PB acc? Really2 hope u can help me with this probs. Thanks.

    • LcF

      @john: the paypal account does not show your PB acc balance. PayPal will deduct your PB acc balance when you have not enough fund in PayPal account for purchasing an item.

  • John

    hi LcF,

    i got this probs regarding to my paypal account. I just verified my paypal acc yesterday. but i when i checked it today, there’s no balance in it. I thought it will link to my PB acc in 24 hours. My balance on PB acc is RM48. Am i missing something here? How do i link it to my PB acc? Really2 hope u can help me with this probs. Thanks.

    • LcF

      @john: the paypal account does not show your PB acc balance. PayPal will deduct your PB acc balance when you have not enough fund in PayPal account for purchasing an item.

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