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months card usage prior to birthday month and credit to the card account in the same month or on
the following month. It accesses banking services any day of the year from wherever you are in the

world. Lastly, customers can sign-up for e-statements.

The disadvantages are failure to make the Minimum Payment by the Due Date, a further charge

of a minimum of RM10 or 1% of total outstanding balance as at statement date, whichever is higher,
capped to a maximum of RM100 and shall be debited to the Card Account. Public Bank Berhad has
the right to set-off all or any accounts of customers maintained with the Bank and / or its subsidiaries

against any outstanding balance in this credit card account with prior notice of seven (7) calendar
days. In the event of loss/ theft or the unauthorized use of the card, you shall be liable for all
transactions where you have acted fraudulently, delayed in notifying the Bank as soon as reasonably

practicable after having discovered the loss/ theft or unauthorized use of the card.

3. DEBIT CARD PUBLIC BANK

A debit card is a payment card that deducts money directly from a consumer’s checking account to
pay for a purchase. It is to be used by customer who does not want credit. It can be used for a single
transaction debit that is debiting of a current account in real-time or monthly debit that is giving the

cardholder the benefits of deferred payments. Examples of Public Bank Debit Card are PB RCB
Elite/Gold Debit – Savings Account/Current Account, PB Visa/MasterCard Lifestyle Debit – Generic,
PB Visa/MasterCard Lifestyle Debit – Basic Savings Account/Basic Current Account and PB

UnionPay Lifestyle Debit – PB UnionPay Savings Account.
The advantages of debit card are they have a Cash Access, the customer can withdraw cash at
all domestic and overseas ATMs. Next, Monthly Statement, the Cardmember will receive Free

Monthly E-Statement via PBe online services for the Cardmember to keep track of their retail
purchases using the PB RCB Elite/Gold Debit or PB Visa/MasterCard/UnionPay Lifestyle Debit. All

purchase transactions information is recorded in the Monthly E-Statement and only available for
Cardmember whose age is eighteen (18) and above. No monthly finance charges, no monthly late
charges and works as good as credit card.

The disadvantages are no credit allowed and it is difficult to dispute fraudulent use. Debit card
also have an additional fee on ATM withdrawals.

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