How To Avoid AirAsia's Payment Processing Fees
|You'll need to wait for your BigPay card to arrive before you can use the account.|
If you're interested, here's a referral code for both you & me to get RM10: UDCH2X8A8G
Being the frugal teacher I am, I don't really care about which airline I use. I just want the cheapest one. 9 times out of 10, AirAsia has the cheapest fares. Despite getting the cheapest fare with AirAsia, it still pains me to fork out an additional RM4.24 for the "Processing Fee" just because I opted to pay with Online Banking or a Credit/Debit Card. Over time, the RM4.25 can add up to quite a bit. If you travel once a month, that's RM4.25 x 2 flights x 12 months = RM102 / year. It's a tax on the lazy. I've been paying this lazy tax for the past 5 years, so Tony's pocketed at least RM510 of my hard earned cash that I could have put towards a lean mean espresso machine. Since I would be booking flights for both myself & my family members, I decided that enough was enough.
Thus, I looked into BigPay, which is basically AirAsia's prepaid credit card service.
- Knowing that I'd get RM10, I sought out a random referral code on Facebook. If you're signing up too, pretty please use my referral code, UDCH2X8A8G, so we can both get RM10.
- I downloaded the BigPay app to my phone & signed up via the app. Note that to verify my IC, I had to upload a photograph of my IC & a selfie.
- I waited around 7 working days for the BigPay Mastercard to arrive at my address in Kuching.
- Activated the card on my BigPay app.
- I booked a return flight today & it worked! No processing fee!
If you use BigPay like a prepaid credit card, you're fine, as there are no annual fees (avoid using it in a foreign currency as they do have a Currency Conversion Fee = 1% + network charges).
The main catch for this service is something I call a "Forgetful Fee", or what BigPay calls an Account Service Fee. I.e., if there is no transaction on your account for a month, they'll charge you RM2.50. See... Tony is smart. He won't let you off the hook so easily.
In response to the Forgetful Fee, here are my pro tips:
- Get only 1 BigPay account per family. I'm the only person in my family who has an account since I also make flight bookings for my parents & siblings.
- Set your BigPay Mastercard up to autopay your monthly telco bills. Just like you, I have a cellphone & have to pay my telco every month. To avoid having to remember to use my BigPay card every month, I went to my telco & set my BigPay Mastercard up for monthly automatic payments to my telco. Ah... The joy of automation. Now I can forget the Forgetful Fee!
Also, let me know if you have any questions!
Appendix: Fees & Charges
- Joining Fee = RM10.00 refundable upon a minimum top-up of RM20.00
- Annual Fee = Waived unconditionally
- Account Service Fee = RM2.50 per month for inactive account where there is no card transaction in a particular month
- ATM Withdrawal Fee = Local: RM6.00 per transaction; Overseas: RM10.00 per transaction or 2% of withdrawal amount, whichever is higher (NOTE: For overseas, only RM10.00 will be charged until further notice)
- Currency Conversion Fee (Applied when the purchase is effected in currencies other than Malaysian Ringgit) = 1% + network charges
- Cross-Border Transaction Fee (Applied when the purchase is through merchant acquired outside of Malaysia but charged in Ringgit Malaysia) = Waived until further notice
- Replacement Card Fee (Only applicable for Card replacement request made by Cardmember. Not applicable if due to defect of Chip or Card) = RM20.00 per Card
- Card Cancellation Fee = Free
- Card to Card transfer fees = No Card to Card transfer fees
- Sales Draft Retrieval Fee = RM15.00
- Reload/Top-up Charges (Reload charges are levied by our respective partners)