Ahead of the year end season, Boost Bank has dropped some hints of its upcoming promo for the month of December. According to the digital bank, they are offering 2% cashback and users are urged to apply for their debit card early to enjoy the cashback offer.
At the time of writing, there are no details on the 2% cashback promo including the terms and conditions on their website. 2% cashback is the highest we’ve seen from a digital bank and it would be interesting to see if it is applicable for all spending including both local and international merchants.
Besides the 2% cashback offer, Boost Bank is also offering RM10 cashback for those who apply for the debit card. According to the T&C, the RM10 cashback offer is capped to the first 100,000 participants on a first come, first served basis.
The debit card is available for free and users will be given a temporary virtual number to use while waiting for the physical card. Take note that the card has an annual fee of RM8 (waived for first year) and there’s also an ATM withdrawal of RM1 for local MEPS network and RM12 for overseas Mastercard network.
Besides the 2% cashback, Boost Bank also offers interest rate of up to 4% p.a. daily for groceries jar and 3.6% p.a. daily for CelcomDigi Jar.
If you’re new to Boost Bank, they are giving away 100 million Boost Stars until 31st December 2024. Customers who make a minimum deposit of RM500 before Sunday will get 2,000 Boost Stars. Meanwhile, existing Boost Bank customers can earn 3x Boost Stars for every RM1 with a minimum spend of RM100 in any bill payment or Boost PayFlex.
You can learn more on Boost Bank’s Year End Countdown promo page.