[This is a sponsored article with BigPay.]
Personally, I find the number of e-wallet choices that we have at our disposal in Malaysia intimidating. You may feel the same way too, even more so if you’ve never used one before.
Each time the government tries to increase digital payment adoption by offering incentives to Malaysians, it leads to the age-old question, “Which e-wallet should I pick?”
This time, the initiative is called eBelia, and you’re eligible if you’re:
- A Malaysian citizen between 18-20 years old in 2021 (born between 2001 and 2003), OR
- A full-time student at Diploma level, SKM4 or above, at a registered local higher educational institution.
If you fall into either category, you can claim RM150 with BigPay from June 1 until July 22. Why BigPay in particular? Well, let’s break it down for you.
1. It comes with a free physical card (and soon a virtual one too)
Signing up for a BigPay account automatically grants you a physical blue card. In short: you don’t have to look for a QR code or a specific partner merchant to pay. This gives you a lot more freedom than any other e-wallets.
Whether it’s online or offline, your BigPay card works just like a debit card. You just need to top it up. So if you’re a student or between 18 and 20, you could use your RM150 eBelia credit to:
- Order food at McDonald’s or KFC
- Buy clothes at H&M or on ZALORA
- Take a Grab to hang out with your friends
- Purchase a week’s worth of groceries
We mentioned accessibility via BigPay’s card, and the proof is in the fact that it can be used in 800,000 locations in Malaysia alone, both online and offline, without being restricted to specific merchants.
If a store doesn’t take e-wallets or the BigPay e-wallet in particular, it’s no problem. Wherever Visa or Mastercard is accepted, the BigPay card would be too. We’ve been told that BigPay will soon launch virtual cards for its users. You’ll basically have two numbers—one for your physical card and one for your virtual card. This is great to keep your online transactions safe and it also means that you’ll be able to start using your BigPay account without having to wait for the card to arrive in the mail.
2. It provides an added layer of security
Even after the eBelia initiative, you can continue using the card for your purchases.
It’s nice to note that the BigPay app comes with an added layer of security that most other banks don’t have. If you’ve lost your card, you can simply freeze it and have it replaced. With a traditional debit or credit card, you’d be spending time on the phone trying to cancel a lost card, while it could be potentially racking up more spending.
3. It’s got money-tracking features
Many students and fresh grads are just starting out with personally managing spending; those who are still studying may not be earning much, if at all, anyway. As a frequent BigPay user, you would also be able to do away with other budgeting apps taking up space in your phone since the e-wallet has inbuilt tracking and analytics features.
Your spending is categorised for easy viewing so you can see at a glance where you’re spending your money, whether it’s on health and beauty products, food and beverage, etc. The analytics then help you identify your spending trends, allowing you to keep a tighter rein on your money.
4. There’s a bonus RM20 if you’re new to the app
To give an extra welcome to first-time users of the app, BigPay is adding a RM20 bonus upon signup. This is applicable to everyone regardless if you qualify for the eBelia initiative.
If you’re a new user, you can claim the RM20 through the promo code PCEBELIABP when signing up.
5. There are more promos and deals to come on June 1
For now, BigPay is teasing the fact that there are a lot more deals coming your way once June 1 hits and you can claim your eBelia credit.
We’ll be updating this piece with the details once that has been announced, so do check back after June 1.
Claiming your RM150 is simple. On June 1, you just have to:
- Download the BigPay app on your phone (available on iOS and Android),
- Sign up for a BigPay account, or log in if you’re an existing user,
- Go to the “Payments” tab and tap on the “eBelia” tab,
- Click on “Apply Now” and you’ll be redirected to the eBelia programme’s website,
- Key in the requested details.
While the RM150 eBelia credit can be used for many purchases, do note that there are certain transactions it doesn’t apply to though. These include:
- Peer-to-peer transfers or cash-outs
- Utility bills or government-related fees/payments
- Telco postpaid bill payments/prepaid top-ups
- Games purchases
- Overseas merchants
- E-wallet top-ups (ShopeePay, GrabPay, etc.)
- You can learn more about eBelia via BigPay here.
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