Best Cashback & Rewards Apps to Save RM100+ Monthly

 Best Cashback & Rewards Apps to Save RM100+ Monthly

In today’s digital world, saving money has become easier with the rise of cashback and rewards apps. For Malaysians looking to cut down on expenses and maximize savings, leveraging these apps can be an excellent strategy. By using the right platforms, it is possible to save over RM100 per month simply by making regular purchases. This essay explores the best cashback and rewards apps available in Malaysia, detailing their features, benefits, and how students and working professionals can make the most of them.

1. ShopBack

One of the most popular cashback apps in Malaysia, ShopBack allows users to earn cashback on online shopping across various platforms like Lazada, Shopee, and Zalora. By making purchases through the ShopBack app, users receive a percentage of their spending back in cash, which can later be withdrawn to their bank accounts. Special promotions and bonus days increase the cashback percentage, making it an effective way to save.

2. Touch ‘n Go eWallet

Touch ‘n Go eWallet not only facilitates cashless payments but also offers a range of rewards and cashback deals. The app frequently provides cashback on transactions at participating merchants, including grocery stores, petrol stations, and dining outlets. Additionally, users can earn GO+ investment returns by keeping money in their eWallet balance, further increasing savings potential.

3. Boost

Boost is another excellent eWallet app in Malaysia that provides cashback, rewards, and discounts. It features a ‘Shake Rewards’ system where users can shake their phones after a transaction to receive cashback. Boost also partners with merchants to offer exclusive promotions and cashback incentives, making it a valuable tool for everyday savings.

4. Fave

Fave is a must-have app for those who frequently dine out or enjoy lifestyle services. It provides users with up to 20% cashback on various purchases, including food, fitness memberships, and entertainment. By linking debit or credit cards to the Fave app, users can seamlessly earn cashback without additional effort. Additionally, the app frequently offers buy-one-get-one-free deals and promotional discounts.

5. Lazada & Shopee Coins
    

                                                            (Lazada coins)

Lazada and Shopee, two of Malaysia’s largest e-commerce platforms, have built-in reward programs that allow users to earn coins on purchases. These coins can be redeemed for discounts on future purchases, effectively reducing overall spending. By participating in daily check-ins, flash sales, and completing missions, users can accumulate coins quickly.

6. Setel

For those who frequently refuel their vehicles, Setel is a game-changer. This app allows users to pay for fuel at PETRONAS stations while earning cashback and loyalty points. The rewards can be redeemed for future fuel discounts, helping users save significantly on transportation costs.

7. GrabRewards

Grab, Malaysia’s leading ride-hailing and delivery service, offers GrabRewards, a loyalty program where users earn points for every transaction made via the Grab app. These points can be used to redeem discounts on rides, food deliveries, and partner merchants. The more a user spends, the higher their membership tier, leading to greater rewards and benefits.

8. BigPay

BigPay is a prepaid Mastercard that offers users cashback and lower foreign exchange rates when traveling. With zero annual fees and competitive exchange rates, it is an excellent financial tool for those who frequently shop online or travel internationally. Users can also earn rewards and cashback by making payments through the app.

Tips to Maximize Cashback and Rewards:

1. Stack Multiple Apps – Use different apps together to maximize cashback. For example, shop through ShopBack while using a cashback credit card.

2. Take Advantage of Promotions – Always check for special promotions that offer higher cashback percentages.

3. Utilize Referral Bonuses – Many apps provide referral bonuses when inviting friends.

4. Plan Purchases Strategically – Make bigger purchases during sales or cashback boost events to maximize savings.

Conclusion

By using cashback and rewards apps wisely, Malaysians can save over RM100 each month on regular expenses. Whether through online shopping, dining, fuel, or everyday payments, these apps provide excellent opportunities to get money back while spending. With the right strategy and consistent use, users can optimize their finances and enjoy more savings effortlessly.