Now till 31 December 2026: Public Bank Annual Fee Waiver and Card Service Tax Redemption: Promotion for PB Cardmembers Using Points

For those who are proud holders of a Public Bank credit card, here’s a promotion that is simply too good to overlook. Public Bank is offering their cardmembers the chance to redeem Air Miles, VIP, or Green Points to waive their Annual Fee or even pay off their RM25 Card Service Tax. This is a fantastic opportunity for savvy cardholders who want to save money while enjoying the perks of having a PB credit card.

Many people often overlook the value of their accumulated points, thinking they are only for travel or occasional shopping rewards. However, Public Bank’s current promotion demonstrates just how versatile these points can be. By redeeming your Air Miles or VIP/Green Points, you can essentially get your Annual Fee waived or cover the Card Service Tax entirely, which is a straightforward way to stretch the value of every ringgit spent.

Why should cardholders take advantage of this offer?

Firstly, who doesn’t like saving money? The Annual Fee on premium cards such as the PB Visa Signature or PB Platinum Mastercard can be a significant expense. By redeeming points for a waiver, cardmembers can offset this cost entirely. For those who are diligent with their spending and regularly earn points, it’s an easy way to enjoy the benefits of a credit card without feeling the pinch of fees.

Secondly, the process is designed to be simple and hassle-free. All it takes is completing the Redemption Form, which requires the authorised signature of the Principal Cardmember. Once submitted, the Bank handles the rest, ensuring the points are applied correctly to the Annual Fee or Card Service Tax. This removes the typical stress associated with fee waivers, making it a smooth and efficient process.

Public Bank has outlined the points required clearly, so cardmembers can plan accordingly. For example, the Annual Fee waiver for a PB Visa Signature Principal Card requires 194,000 VIP/Green Points, while the PB Platinum Mastercard Principal Card needs 166,500 VIP Points. Supplementary cards also qualify, though at a slightly lower points requirement. Meanwhile, the RM25 Card Service Tax can be redeemed with just 12,500 points across most PB card types, including PB Quantum and PB World Mastercard. This flexibility allows cardmembers to choose what works best for their points balance.

A closer look at the benefits:

• Flexibility across cards: Whether someone holds a PB Visa Signature, PB Platinum Mastercard, PB Quantum, or PB World Mastercard, they can participate. Both Principal and Supplementary cards are eligible, giving households with multiple cards a chance to maximise their points.

• Immediate financial relief: Annual Fees and Card Service Tax are unavoidable costs for credit cardholders. Redeeming points in this manner provides instant relief without reducing liquidity or cash flow.

• Simple redemption process: With an authorised signature on the Redemption Form and submission to the Bank, cardmembers are done. There’s no need to make multiple phone calls or follow up unnecessarily—the process is streamlined.

• Planning made easy: Knowing the exact number of points required allows cardmembers to budget and plan their spending to earn enough points for redemption.

This promotion is particularly appealing for those who have accumulated points but haven’t found the perfect way to redeem them. While points are often used for travel, shopping, or gifts, using them to waive annual fees or cover card taxes is a practical, straightforward option. It allows cardmembers to convert their rewards into direct financial benefits, which is often more satisfying than receiving a material reward.

How to redeem your points:

1. Ensure the PB credit card is current and valid. Only active accounts qualify for this redemption.

2. Download and complete the Redemption Form, available here: Redemption Form 2026.

3. Sign the form using the authorised signature that matches the specimen signature on the Card Account.

4. Submit the completed form to Public Bank. Points will then be redeemed automatically against the Annual Fee or Card Service Tax.

5. Keep in mind that once the Bank accepts the redemption request, it cannot be revoked or cancelled.

Public Bank has emphasised that cardmembers will be notified if there are insufficient points in the account at the time of submission, ensuring transparency throughout the process. Cardholders will know immediately if additional points are required to complete the redemption.

General terms and conditions to note:

• By participating, cardmembers agree to the terms and conditions outlined by Public Bank.

• The Bank’s decision regarding this promotion is final and binding. No disputes or appeals will be entertained.

• Public Bank reserves the right to amend or adjust the promotion terms with a minimum of twenty-one days’ notice, which will be posted on their official website: www.pbebank.com.

• The promotion complements the Bank’s prevailing credit card terms, ensuring cardmembers continue to benefit from standard privileges alongside this points redemption offer.

• In the event of discrepancies between the English and Bahasa Malaysia versions of the terms, the English version will prevail.

This offer is a practical reminder that every point earned has value. Cardmembers should consider this redemption option before letting points accumulate indefinitely. By acting now, cardholders can turn previously earned points into tangible savings, making their credit card experience even more rewarding.

Why it’s worth participating now:

Time is a critical factor, as the promotion is available until 31 December 2026. With a generous period to plan and redeem points, cardmembers can strategically use points accumulated from everyday spending to completely offset fees. The long redemption window provides plenty of flexibility, whether cardholders need to gather extra points or simply want to spread out the redemption process.

Additionally, this promotion encourages a smarter use of credit cards. Instead of viewing points as a distant reward for travel or luxury shopping, cardmembers are guided to see them as a practical tool for reducing immediate costs. It’s a win-win scenario: cardmembers enjoy the perks of premium cards without the full expense, and the Bank rewards loyal spending behaviour with flexibility and choice.

In conclusion, this redemption opportunity from Public Bank is more than just a promotion—it’s a strategy for maximizing the value of your credit card. Cardmembers who actively manage their points now can save substantially on annual fees and card service taxes, essentially getting the card’s benefits without the associated cost. With an easy process, clear terms, and substantial savings potential, it’s an offer that smart cardholders shouldn’t miss.

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Promotional/Event Details:

• Date: Now till 31 December 2026

• Time: All day, during Bank’s operating hours

• Venue: Any Public Bank branch, submission via Redemption Form Redemption Form 2026