You Can Use MyDebit ATM Cards For Food, Parking & More. Here Are 5 Benefits To Check Out
When it comes to ATM cards, the first thing that comes to mind is the card that we use to withdraw money from the ATM machine.
But did you know that you can use your MyDebit ATM card for almost everything nowadays?
Not sure what's a MyDebit ATM card? First things first, take out your ATM card from your wallet, and see if you can find the MyDebit logo.
If you see the logo, it means you have a MyDebit ATM card, which enables you to make contactless payment at many places nationwide, be it car parks, food courts, vending machines, or even neighbourhood mom-and-pop stores.
In Malaysia, the MyDebit ATM card is synonymous with almost all ATM cards, and is issued by 22 participating banks. In fact, there are a whole lot of benefits that come with using it.
1. Don't worry about having to carry cash or queue up to withdraw from ATM machines
One of the most annoying things about paying with cash is when you don't have exact change. Often, you'll end up lugging around loose change, which can be bulky and cumbersome. Plus, you'll need to keep going back to the ATM machine to withdraw cash, which can be inconvenient if there's a queue or if you're in a rush.
With a MyDebit ATM card, you can thin out your wallet and cut down trips to the ATM machine by going cashless, yay! :D
2. Enjoy contactless payment — save time and stay safe
Nowadays, we try to reduce contact wherever we go to keep ourselves safe. Thanks to the MyDebit ATM card, you can now make contactless payments almost everywhere, be it vending machines, car parks, and more.
For instance, many car parks allow you to tap your MyDebit ATM card upon entry, and tap again when leaving, offering a seamless experience.
Similarly, you can save yourself the embarrassment of a vending machine or car park machine not accepting your money — just pay with your MyDebit ATM card, completely hassle-free!
3. The MyDebit ATM card is accepted at over 300,000 retail outlets and government agencies
Nowadays, the MyDebit ATM card can be used at your most frequented outlets, and even mom-and-pop stores. In fact, many government agencies and healthcare services also accept MyDebit ATM cards.
All you have to do is keep a lookout for the MyDebit logo at the cash register or counter. Whether you're paying for processing fees or picking up your groceries, they've got you covered.
4. Ensure safer transactions, with no late fees or penalty charges
If you're worried about security, fret not. The MyDebit ATM card is safe to use and highly secure. In fact, every payment above RM250 requires your PIN code. This means that you won't have to worry about your money falling into the wrong hands, even if you accidentally lose or misplace your MyDebit ATM card.
Furthermore, you won't be paying any late fees or penalty charges with the MyDebit ATM card, because you'll get charged instantly whenever you make a purchase.
5. Instil financial discipline by spending only what you have
Last but not least, since your MyDebit ATM card is tied to your savings or current account, you'll only be able to spend what you have. This means you won't have to worry about building up debt or overspending. It also helps you to manage your finances better.
Unlike cash, you can also always go back and track where your money has gone, which allows you to have a better overview of your finances at any given time.
If you're still not sure whether your bank offers the MyDebit ATM card, check out the list below to see all participating banks in Malaysia:
Once you've got your card, using it is as simple as 1, 2, 3! :D
All in all, the MyDebit ATM card makes life so much easier, whether you're paying for food, parking, or shopping.
The next time you need to pay for something, just take out your MyDebit ATM card and wave it to settle it lah!
Watch this video to find out more about the MyDebit ATM card:
Find out more about the MyDebit ATM card on PayNet's website