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. 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.
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…
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!