How many that doesn’t have eWallet? If you’re one of those not having it yet then you clearly need to get one! E-wallet are becoming a thing now in Malaysia. There are actually quite a number of promotion on E-Wallet that can help you to save more. Many discount code or cash back is being offered by various E-Wallet (Touch ‘n Go, WePay Pay, Boost, Grab Pay and many more)
Actually aside from getting those discount code or cash back, there are also some other hack that you can get the most out of the E-Wallet. Here are the 4 hacks that you should know on maximising your ringgit stretch for the E-Wallet:
1. Offer to Pay First With Your E-Wallet
Sometimes you can be a good friend and offer to pay for your friends’ purchases first but of course, your friends need to pay you back later la.
Why? This is because you will you’ll benefit from any cashback deals available through your preferred e-wallet. Aside from that, you can also earn the rewards points that you used your credit card to topup your E-Wallet.
2. Ensure your E-Wallet is Tied With Your Credit Card
There are some e-wallets give you the option of linking your credit card to your E-Wallet. You will want to use this option as aside from allowing the cashback on the E-Wallet, you can also get cashback on the transaction on your credit card. In short, when you top up the e-wallet, then you can spend the credit and earn both cashback on your E-Wallet and Credit Card.
3. Use Different E-Wallets For Different Usage
In case you didn’t know, every e-wallet has a different promotion and it offers different set of benefits and features. You can choose which have the best E-Wallet to pay off you bill
For example, Boost allows you to pay your utility bills, while Touch n Go Wallet is useful for your daily toll (and public transport) expenses. The AEON Wallet is also useful if you do your weekly shopping at AEON.
Basically nothing complex but you will need to install multiple e-wallets and understand which one to use on which deal. Same concept with credit card but just doing it for E-Wallet
4. Open Multiple E-Wallet Accounts
This might sounds wrong but there is no rule saying no to this.
Wondering why you need to apply for multiple account. Might sound cheapskate but most e-wallets offer small amounts of free credit for new accounts. Some offer up to RM10 for signup bonus and this is like free money. Why not?
The plus point is that many E-Wallet doesn’t need to verify your identity so you can have multiple E-Wallet Account
This is an exciting new era and the introduction of e-wallets is relatively new in Malaysia thus the E-Wallet can be used perfectly to improve your finances. We can see one day we will be like China where most of their people has abandoned the use of physical money.
So don’t be left behind and time to join in the bandwagon
If you need some E-Wallet, here are some E-wallet for you to download and use the above hack
Boost – Android/iOS
Touch ‘n Go – Android/iOS
WeChat Pay – Android/iOS
Grab Pay – Android/iOS