BigPay Reduces Credit Card Reload Limit to RM1,000 Per Month | Money

AirAsia’s prepaid card, BigPay. – Photo via SoyaCincau

KUALA LUMPUR, October 9 – AirAsia’s prepaid card, BigPay, announced another reduction in its monthly credit card top-up limit. As of yesterday, October 8, BigPay users can only top up a maximum of RM 1,000 per credit card each month.

If you need to top up more, users can always top up unlimited through online banking or debit cards. The notice that was recently sent to all BigPay users uses the same template as before. He said BigPay is committed to providing fair financial services and this is possible by keeping its costs low and passing their savings on to its customers. He always mentions that he will introduce new charging methods soon, but we haven’t seen any new developments in terms of charging channels since the start of this year.

Previously, BigPay users could top up a maximum of RM 10,000 per month and the limit was reduced to RM5,000 in March 2020. After that, they introduced another reduction to 2,500 RM in June 2020. The reduction is probably bad news for those using BigPay as an affordable way to get a cash advance on their credit card. BigPay charges RM 6 for local ATM withdrawals and RM 10 for overseas ATM withdrawals.

In case you missed it, BigPay has issued repeated warnings of potential scams targeting its users. BigPay users are reminded not to share their OTP with anyone, including those who claim to belong to BigPay.

BigPay has also just announced its availability in Singapore.  - Photo via SoyaCincau
BigPay has also just announced its availability in Singapore. – Photo via SoyaCincau

In addition, BigPay has also just announced its availability in Singapore. Singapore residents can sign up for the Prepaid Visa card for free, but they are required to top up S $ 20 (RM 61) which can be used later for future spending. – SoyaCincau


Source link

About Andrew Estofan

Check Also

FirstFT: US launches security pact to challenge China

Hello. This article is an on-site version of our FirstFT newsletter. Subscribe to our Asia, …