Hi True team,
Just wondering whether is it possible for the bank to launch a co-brand debit/credit card with LRT/upcoming MRT companies ? We have so many public bus/train users and it is definitely a great mass market to explore.
p/s: I suppose TNG will definitely against this idea because if this is materialised i suppose their business will get impacted. lol..
TRUE should have one account only -- not divided into two accounts, saving & current. Any amount depositted into the account can be used for debit and saving purposes. Any amount that is not utilized may be given interest as saving. Money can be easily deposited into the card with only account. It will be much easier for the card holders to handle their account.
To attract debit card holders to use their True Debit Card, I suggest for the followings;-
1) Monthly cashback of >1% for all expenses and max capped to RM50
- Usually the banks offer 0.5% but there is on bank offer the cashback of 1% with max capped to RM30
2) More privilages and rewards
- Ambank teams need to aggresive to find familiar merchandise for better discounts / rebate e.g 10%-20% rebate for every purchasement at their shop / restaurants.
- The merchandise offer must be familiar to Ambank customer e.g Secret Recipe/Tesco/Shell, not the restaurants/shop that we did not know their existence / small shop but can be put in listings for debit cardholder's more choices.
3) Cash advance offer in Debit Card (but please offer in very smalll amount e.g RM300.00)
- There is one bank offer "MyPal" to their debit cardholders with cash advance of RM200.00. A RM200 convenience line on standby in case of emergency when their account has insufficient funds and of course, there is small penalty will be imposed by bank if they using this feature.
4) Debit card linked to Touch N Go and Mastercard Paypass
- The payment shall be made more faster.
5) Points for every expenses (e.g RM1 = 3 points)
- From the total of points obtained from all expenses, the card holders can change to items / vouchers.
If ambank can offers all of the features above, i really love to use this True Debit card : ) Please makes equal offer to your debit and credit cards.