Get ready, Touch ‘n Go eWallet users! Starting February 23rd, you’ll see a tiny 1% fee tacked onto all your credit card reloads.
Touch ‘n Go eWallet gets 1% credit card fee
While this might sound like a bummer, there’s a good reason behind it. In a bid to steer users towards the intended, cashless convenience of their eWallet, Touch ‘n Go (TnG) is taking a stand against a clever, but unintended, use case: “cashing out” credit card balances to avoid interest charges. To discourage this practice, they’re implementing a 1% fee on all credit card reloads starting February 23rd, 2024.
The Good News
Don’t worry, topping up your eWallet doesn’t have to get pricier! Here are some fee-free alternatives:
- DuitNow Transfer: This secure and instant bank transfer service lets you top up directly from your bank account without any charges. Plus, it’s packed with security features like fingerprint or facial recognition for added peace of mind.
- Debit Cards: Your trusty debit card can still be used for free and easy eWallet reloads.
DuitNow Made Easy
Ready to give DuitNow a try? Here’s how:
- Find your DuitNow account number in the Profile section of your TnG eWallet app.
- Log in to your bank’s app and select “other banks/eWallet” under the Transfer function.
- Choose “Touch ‘n Go eWallet” as the destination and enter your DuitNow account number.
- Follow the usual bank transfer steps, and voila! Your eWallet is topped up, fast and free.
Bonus Tip: Save your DuitNow transaction as a favourite for future reloads, or even set up a recurring top-up for ultimate convenience.
With that in mind, remember that this change ultimately supports a sustainable and secure TnG eWallet platform for all users. So, let’s embrace the fee-free alternatives and continue enjoying the ease and convenience that makes our favorite eWallet so great!
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Source: Touch ‘n Go
