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Credit Card

Watsons Malaysia – How to get Cashback

By Leigh
Updated February 18, 2025 Filed Under: Credit Cards, Financial/Life Hacks 0

Watsons

Table of Contents

  • Shopping for personal care products, skincare, cosmetics, and health supplements
    • Method 1 – Watsons’ VIP Membership
    • Method 2 – BOOST Your Purchases
    • Method 3 – Mother of all Cash-Backs with Touch n Go eWallet
    • Bonus Money Saving Pro-Tip
  • End.

This article is authored and brought to you by one of our long-time readers – Alan Toh.

I did some minor editing. Enjoy!

Shopping for personal care products, skincare, cosmetics, and health supplements

Surely all of us have been to Watsons’ chain of pharmacies at some point in our lives. Be it to purchase personal care products, skincare, cosmetics or health supplements. And who wouldn’t like to receive cashback for all these purchases?

Well, I am here to introduce – the ULTIMATE guide to earn cashback from all of our purchases from Watsons’ .

Method 1 – Watsons’ VIP Membership

One may think that this is a pretty straightforward way of earning points for every RM spent by just simply flashing the Watsons’ VIP membership card (or phone number registered with the membership) upon checkout at the cashier. You’re wrong.

As the Watson’s VIP Membership card comes with a built-in Touch n Go feature, users are encouraged to pay for their purchases at Watsons’ with Touch n Go by giving out very generous points multiplication.

Right now, for every RM paid with the Watsons’ VIP – Touch n Go card, users will be rewarded with 10x the points.

As an example, or every RM20 spent with the card, users will receive 200 points, equivalent to RM1 in cash value. That in itself is a generous 5% cashback (uncapped, of course). Not only that, Users can be rewarded with an additional 5x – 10x points for some selected products (just look for the tags on the aisles at Watsons).

Of course, in order to use the Watsons VIP membership card’s Touch n Go feature for payment, you need to have sufficient balance in the card. The card can either be reloaded without any fees at any Watson’s store using cash or with a credit card (note: accumulate credit card cashback or rewards points for every top-up performed) at any of the locations. You may double-confirm the locations hERE.

In conclusion, not only do we get rewarded with Watsons’ VIP points worth between 5% – 7% in cashback, we would also be able to collect credit card cashback or rewards points as well. That could mean about 10% worth of cashback for our shopping at Watsons.

If you take a look at the example above of a purchase that I recently made using my Watsons’ VIP membership card, you can see that I received 6248 VIP points for my purchase of RM472.45. The value of the points received is worth RM31.24, which translates to a cashback value of 6.6%. In other words, I get to use the points earned for my next purchase at Watsons’, saving me a total of RM31.24 in value.

As of Jan 2020, Watsons’ may have reverted the 10x points to 5x.

Method 2 – BOOST Your Purchases

The second option would be to use Boost to pay for your purchase at Watsons’ store. The cashback reward for this method would usually turn out to be lower than the first method, but if reloading Touch n Go is a bit of a hassle for you (or if you are one who owns a credit card which rewards cash back for online purchases), then Boost is the way to go for.

The method here is fairly simple though, you’ve got to reload your Boost with a credit card (note: DO NOT use a Maybank Card to reload as you will not receive any reward), then flash your Watsons’ VIP Membership card together with your Boost QR code for payment upon checkout.

Remember to shake your Boost for coins (it’s the only way you would receive cashback from Boost). The typical cashback amount you would receive from Boost is between 2.2% – 8.8% depending on your luck with the Bonus coins reward and your Boost level. On top of that, you would receive up to 5% cashback from your credit card (usually capped at RM50 per card) and the usual 1 VIP point per RM spent from your Watsons’ VIP membership card (equivalent to 0.5% of cashback).

All in all, you may receive up to 18.8% of cashback using this method (up to 6.6% from Boost, up to 5% from credit card and up to 5% from Watsons’ VIP membership card if the item rewards with 10x points) if lady luck is on your side.

Method 3 – Mother of all Cash-Backs with Touch n Go eWallet

The final method, which could probably be the BEST method for earning cash back from Watsons’ store would be payments made using Touch n Go eWallet. You see, Touch n Go eWallet would occasionally collaborate with Watson’s to reward users with the Ultimate cashback of up to 16% (yes, you heard right, Watson’s and Touch n Go eWallet would give you RM8 in cashback for a minimum spending of RM50 and above in a single receipt).

Bear in mind though, each Touch n Go eWallet user is entitled to receive this cashback only ONCE throughout the campaign period and to make matters worse, the RM8 cashback is only limited to the first 25,000 transactions at all Watsons’ stores. So if you would like to earn up to 16% + up to 5% cashback for your purchases of RM50, then be sure to be one of the earliest to pay with your Touch n Go eWallet for your purchase at Watsons’.

Do keep in mind that the cashback from Touch n Go eWallet is capped at RM8 for purchase of RM50 and above in a single receipt, so try to use a combination of payment methods if your purchase amount is higher than RM50 in order to maximize the amount of cashback you could receive.

Watsons’ new campaign as of 2 Jan 2020 – 26 Feb 2020 is RM8 cashback for a RM60 minimum spend.

Bonus Money Saving Pro-Tip

Occasionally, Watsons’ would give out RM5 cash vouchers during their own campaign period, which is claimable the following week after the end of their campaign period. These vouchers would entitle customers to get RM5 off for purchases of RM50 and above in a single receipt. That is another massive 10% rebate on top of all the cash backs above!

End.

The amount may be a little small for some of you but cashback is cashback to me. Also, TnG’s eWallet is one of the most worthwhile ones out there currently.

Thank you again Alan.

A list of recommendations and stuff I use can be found hERE.
As always, Facebook and Instagram. Follow, keep up to date.

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Maybank 2 Cards Premier – Best Air-miles Card

By Leigh
Updated August 29, 2022 Filed Under: Travel, food and the finer things in life, Credit Cards, Other, Other Investments 15

Maybank 2 Cards Premier Amex Reserve

There are two components to Maybank 2 Cards. You get a Visa / Mastercard and an American Express card. 2 cards.

The card we will want to focus on is the Amex card, as it gives 5x Treatspoints per RM1 spent whereas the Visa / Master gives 2x Treatspoints.

To keep it simple – You spend as much as you can with your Amex. The Visa / Master is the fallback card for places that don’t accept Amex.

You can check for the latest promos and register for Maybank cards hERE.

Cashback vs Air-miles

First off, if you’re new to the world of credit cards, allow me to explain. To me, credit cards for the first 10 years of my life were about cashback. I have since yesterday, switched to air-miles mode.

I’ve done the research, I’ve done the numbers. You get a better bang for your buck with the air-miles approach. A caveat: Your spending will need to be in the above the RM36K per annum range.

How to get Maybank 2 Cards Premier

Maybank recently revised the minimum income required for their Maybank 2 Cards Premier to RM100K per annum. Even if you don’t fulfill this requirement, I’ll tell you how you can still get them cards.

I was a little short on the income front. Maybank doesn’t care about your dividend income.

I spoke to my relationship manager in the bank and to my surprise, a simple FD pledge would allow me to get the Premier cards.

So, if you’re short on the income/salary front, talk to someone in the bank. This is not a foolproof method and it goes on a case-by-case basis.

Also to note, if you’re planning on getting the 2 Cards Premier, your existing Treatspoints cannot be carried over. This is because the redemption rate is much more favourable to the premier cards.

Maybank 2 Cards Premier Annual Fees

Now, one last thing before you jump on the premier card bandwagon. Apart from the RM25 mandatory fee from the government, the premier cards have an annual fee of RM800.

The cards are free for the first year. For subsequent years, you’ll need to have an annual spending of RM80,000 to get the fee waived.

You know I’m frugal and there’s no way I have that much of an annual spending every year.

My strategy for this? I am utilizing the 4 free supplementary cards provided by the cards. Combining the spending of all cards should get me to RM80K a year. And yes, Maybank allows you to total up the spending per annum of the principal and supplementary cardholders.

What’s in it for the supplementary cardholders? Well, they get the same 2x or 5x treatspoints as you, the same redemption rate for air miles. Basically, everything is the same for them as supplementary cardholders!

I’ve got the first year to test this out. We’ll see how it goes.
I do solemnly swear that the RM80K target will not cause me to spend more than I usually do.

Meantime, do follow me on Instagram and on Facebook for updates.

View this post on Instagram

A post shared by Dividend Magic (@dividendmagic)

End.

As I’m writing this, I feel an unexplainable urge to go on a rampage on the benefits of a credit card. As opposed to cash and debit cards. Instead, I’ll keep myself controlled for now and have a long-ass article on it soon.

I know most of you reading this are masters and sifus at optimising your credit cards. Please do let me know if you have better cards out there to recommend for air-miles and cashback for other readers.

You can check for the latest promos and register for Maybank cards hERE.

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