Best Credit Card in Malaysia









Best Credit Card Comparison

Before applying for a credit card, there are a few details customers should familiarize in order to select a card that suits the expenditure pattern. This is the main informationcustomers should get before deciding:

  • Annual fee
  • Cash Back
  • Rewards Points
  • Credit Card interest rate
  • Petrol rewards
  • Travel rewards
  • Balance transfer

Currently banks are providing customers with Cashback Credit Card or Rewards options.

Cashback Credit Card

A cashback credit card is quite simply a credit card that gives rebates in cash. Instead of collecting rewards for spending with the card via treat points and freebies, the bank will give a cash rebate.

Reward Points

Reward Points per RM basically means the points that will be credited into the card for every purchase. Excluding a few cards, the general conversion for most banks (and its cards) is RM1 = 1 Point.

Types of Rewards

  • Vouchers  : Ranging from shopping vouchers, food vouchers
  • General items : Household items such as kitchenware, travelling bags
  • Specific Items  : Items such as Petrol and Air Miles redemption (usually for specific cards with petrol and air miles features on them)
  • Credit Card Service Tax Waiver / Redemption and Annual Fee Waiver Redemption : Some banks offer to redeem the points in exchange for a government service tax redemption


Credit Card No Annual Fee

Most credit cards today waive of the annual fee however customers may need to double check before applying for the credit card.


Best Credit Card comparison for Cash Back

Hong Leong Wise Gold provides a 10% cashback from Hong Leong Wise which is the only credit card that rewards customers with 10% cash back.

  • Interest Rate : 15%
  • Balance Transfer : 6.99%
  • Cashback: 10%
  • Annual Fee: Free

Best Credit Card comparison for Rewards

Standard Chartered Worldmiles MasterCard delivers the fastest redemption for an air ticket at the lowest cost.

  • Special Offer: Save 15% at Asiatravel
  • Interest Rate: 15%
  • Balance Transfer: 2.99%
  • Cashback: No
  • Annual Fee : Free

Best Credit Card comparison for Low interest

Citibank Cashback Platinum provides a 5% cashback on petrol, groceries, phone bills and medical.

  • Interest Rate: 8.88%
  • Balance Transfer: 6.99%
  • Cashback: 5%
  • Annual Fee: RM195

Best Credit Card comparison for Petrol Rewards

Standard Chartered JustOne Platinum MasterCard provides rebate when customers charge fuel to the credit card. Customers will enjoy 10% Petrol CashBack at all petrol stations nationwide.

  • Interest Rate : 15%
  • Balance Transfer : 2.99%
  • Cashback : 10%
  • Annual Fee : RM250

Best Credit Card comparison for travel

Air Asia Citibank Gold Visa provides perks in the air and on the ground.

  • Interest Rate : 8.88%
  • Balance Transfer : 6.99%
  • Cashback : No
  • Annual Fee : RM180

Best Credit Card comparison for Islamic

AmIslamicBank Al-Taslif Visa Gold Card-I provides customers with  a new money manager and enjoy online banking, 0% easy payment plan on retail expenditure and automatic bill payments with AutoBillPay.

  • Balance Transfer : No
  • Cashback: No
  • Annual Fee : Free

Best Credit Card comparison for Balance Transfer

Maybankard Balance Transfer Program enables customers to save more with lower interest rates, choose the plan that meets the needs and enjoy a long repayment period of up to 36 months.

  • Interest rate includes upfront 3% fee
  • Interest Rate: 0%
  • Minimum Transfer: RM1000
  • Max. Duration: 36 months


Best Credit Card comparison for Premier Card

Citibank CitiPrestige provides 25% discount off business-class tickets and Insurance and up to RM1 million travel coverage. Customers also enjoy privileged access to 2,400 Golf courses all over the world.

  • General: RM1 spent = 1 Point, RM1 spent abroad = 2 Points
  • Interest Rate: 8.88%per year
  • Income : RM 1,000.00per year