Regional fintech leader Boost and telecommunications giants CelcomDigi have unveiled the Beyond Card, a revolutionary financial product on the Mastercard network. This innovative card, a first of its kind in Malaysia, combines the power of accessing funds from Boost wallet balance with a pre-approved credit line, all within a single card.
This versatile feature opens doors to a myriad of opportunities for consumers, allowing them to make seamless transactions across Mastercard’s extensive network of over 100 million merchants worldwide.
Starting from October 9th, 2023, select customers will receive exclusive invitations to apply for the Beyond Card. Celcom users will have early access through the Boost app, followed by Digi users in due course.
What sets the Beyond Card apart is its Shariah-Compliant flexible payment options, enabling responsible credit usage. The card addresses financial inclusion gaps, providing a premium experience to customers without cards or with basic ones.
The Beyond Card not only offers financial flexibility but also introduces enticing benefits. Users can enjoy Mastercard Travel Rewards, including 12% Cashback from Lazada, 15% off MAS flight bookings, up to 10% savings, complimentary gifts, and 10% tax-free shopping at Mitsui Outlet Park.
Additionally, the card incorporates the Boost PayFlexTM feature, allowing users to extend payments over 3-month instalments, all with no local and direct deduction fees.
Sheyantha Abeykoon, Group CEO of Boost, expressed his enthusiasm about this milestone collaboration, emphasizing the innovative financial solutions it offers to a wide customer base. T Kugan, Chief Innovation Officer of CelcomDigi, highlighted their commitment to enhancing financial inclusivity in Malaysia through digital innovation.
Beena Pothen, Country Manager, Malaysia & Brunei, Mastercard, praised the partnership’s dedication to prioritizing consumers’ experiences, especially in travel, aligning seamlessly with the evolving preferences of Malaysians.
With password protection for every transaction and instant card freezing in emergencies, the Beyond Card ensures security and convenience for users.
To apply, qualified Celcom customers can download the Boost app, create a Premium Wallet account, and access the Beyond Card application process. For offline use, users can request a physical card for a nominal fee, which comes with exciting rewards.
For more information on the Beyond Card, please visit: https://myboost.co/boost-