One of Malaysia's two national wallets (alongside Touch 'n Go), covering 500,000+ merchants via Scan & Pay and DuitNow QR, bills, instalments and insurance; it runs Malaysia's most aggressive cashback campaigns.
!Not a bank. Boost is an e-money issuer licensed by Bank Negara Malaysia (BNM); customer funds sit in trust accounts at licensed banks, separate from company money. Balances are not bank deposits and are not covered by PIDM deposit insurance.
Partially. Foreigners can complete eKYC with a passport to unlock the Premium wallet; however registration requires a Malaysian phone number for SMS (foreign numbers are not supported), and the Boost Beyond card is limited to Malaysian citizens aged 21+ who are Boost/CelcomDigi customers.
No mandatory minimum top-up｜No joining, annual or service fees; credit-card reloads are free up to RM1,000, then 1%; the Boost Beyond card costs RM20 to issue (no annual fee) with 2% on overseas transactions
Basic: RM1,000 balance, RM2,000 monthly, RM24,000 annual; Premium: RM4,999 / RM4,999 / RM59,999; Premium 10K: RM10,000 / RM9,999 / RM119,988. Balances are not PIDM-insured.
Partially. Foreigners can complete eKYC with a passport to unlock the Premium wallet; however registration requires a Malaysian phone number for SMS (foreign numbers are not supported), and the Boost Beyond card is limited to Malaysian citizens aged 21+ who are Boost/CelcomDigi customers.
Local bank account: Not required — the wallet is standalone; top up by card, online banking or cash at convenience stores. Items typically needed: A Malaysian phone number for SMS; Passport (eKYC for foreigners); A selfie; A card, online banking or cash for top-ups.
Typically: A Malaysian phone number for SMS; Passport (eKYC for foreigners); A selfie; A card, online banking or cash for top-ups.
How to sign up: Register in the app (Malaysian number required) → complete eKYC (passport + selfie) to unlock Premium (About 10 minutes to register; most eKYC checks approve instantly). Steps: 1) Download the Boost app 2) Register with a Malaysian number 3) Start eKYC, select passport, photograph it and take a selfie 4) Top up (card / online banking / convenience-store cash) 5) Pay by Scan & Pay or DuitNow QR Fees: No joining, annual or service fees; credit-card reloads are free up to RM1,000, then 1%; the Boost Beyond card costs RM20 to issue (no annual fee) with 2% on overseas transactions
Basic: RM1,000 balance, RM2,000 monthly, RM24,000 annual; Premium: RM4,999 / RM4,999 / RM59,999; Premium 10K: RM10,000 / RM9,999 / RM119,988. Balances are not PIDM-insured.
E-wallet rules change often — always follow the latest instructions in the official app.