Public Bank launches combo debit/ATM card

PETALING JAYA: Public Bank Bhd has launched a combo card, namely PB MasterCard Lifestyle Debit, which functions as an ATM card, domestic and international debit card, enabling retail transactions to encourage customers to go cashless.
By using the combo debit card, customers will be entitled to a 1% cash back for overseas retail transactions and overseas online transactions, which will be credited into the banking account on a monthly basis.
“This helps to relieve the burden of PB travellers carrying cash when they are travelling around the world and this will further galvanize the cashless initiative,” it said in a statement last Friday.
Public Bank said the new debit card features MasterCard Contactless, which enables payments with a simple tap at any contactless-enabled payment terminal at over three million merchants worldwide.
“No signature or PIN is required as long as the retail purchase is RM250 and below. This added feature will further enhance PB customer’s experience enabling them to spend less time queuing at the cashier by offering a secure, fast and convenient way to pay for everyday purchases,” it added.
For the launch promotion, Public Bank will reward the first 10,000 qualified Public Bank Lifestyle Debit Card members with a RM38 cash back upon three retail transactions of any amount charged on the card within the first month from card issuance date.
The PB MasterCard Lifestyle Debit is eligible for protection by PIDM.