Grab a credit card that gives you better rewards & more!
  • Loading your search...
    Close

    Compare, check your eligibility and apply for credit cards online.

  • Credit Card BYTES FROM OUR KITCHEN

    Bank Rakyat Credit Card

    Bank Rakyat Berhad Malaysia provides 4 different credit cards to its customers. These cards offer exclusive benefits, such as Takaful cover, special campaigns, and discounts. You can also get a card exclusively designed for women, which allows them access to special activities, including workshops and expert classes.

    Quick Links

    Features and Benefits

    • Enjoy free Takaful coverage for you and your family.
    • Get discounts of up to 10% at participating merchants across Malaysia.
    • Enjoy an annual fee waiver for life on some of the cards.
    • Enjoy low-profit rates as a member of Bank Rakyat Shares.
    • Earn Rakyat Rewards Points on your retail transactions.
    • Enjoy profit rebates annually for the first 3 years.
    • Get access to special deals and offers provided by Mastercard.

    Bank Rakyat Credit Cards – An Overview

    Card Name Ideal For Key Benefit Annual Fee Annual Income Requirement Profit Rate
    Bank Rakyat Muslimah Mastercard Women Special activities for cardholders Waived for life RM24,000 Member of Bank Rakyat Shares: 13% p.a. to 17% p.a. Non-member of Bank Rakyat Shares: 13.5% p.a. to 18% p.a.
    Bank Rakyat Platinum Mastercard Rewards 1 Rakyat Rewards Point for every RM10 spent on retail transactions RM411.28 Waived for the first year RM60,000 Member of Bank Rakyat Shares: 13% p.a. to 17% p.a. Non-member of Bank Rakyat Shares: 13.5% p.a. to 18% p.a.
    Bank Rakyat Gold Mastercard Rewards 1 Rakyat Rewards Point for every RM10 spent on retail transactions Waived for life RM36,000 Member of Bank Rakyat Shares: 13% p.a. to 17% p.a. Non-member of Bank Rakyat Shares: 13.5% p.a. to 18% p.a.
    Bank Rakyat Classic Mastercard Rewards 1 Rakyat Rewards Point for every RM10 spent on retail transactions Waived for life RM24,000 Member of Bank Rakyat Shares: 13% p.a. to 17% p.a. Non-member of Bank Rakyat Shares: 13.5% p.a. to 18% p.a.

    Best Bank Rakyat Credit Cards

    Bank Rakyat Classic Mastercard: Best for Rewards

    • Earn 1 Rakyat Rewards Point for every RM10 spent on retail purchases.
    • Enjoy profit rebates of up to 3% p.a. based on your payment history and additional facilities.
    • Get complimentary Takaful coverage for you and your family.
    • Enjoy a low-profit rate starting from 13% p.a. up to 17% p.a. as a member of Bank Rakyat Shares.
    • Make zakat payments at Zakat Collection Centres across Malaysia.
    • Enjoy special discounts and facilities via the Bank Rakyat MOTO programme.
    • Get access to exclusive deals offered by Mastercard.

    Bank Rakyat Muslimah Mastercard: Best for Womens

    • Enjoy a lifetime annual fee waiver on this card.
    • Get access to exclusive activities, such as grooming workshops and gourmet classes with professional experts.
    • Enjoy 5% to 10% discount at participating merchant outlets in Malaysia.
    • Go tospecial campaigns arranged exclusively for Muslimah cardholders.  
    • Enjoy 0% markup rates on overseas transactions.
    • Convert your purchases to an instalment plan with tenure up to 24 months.
    • Enjoy free Takaful cover, which would cover the cost of any outstanding balance on your card during a critical event.

    Rewards Programme

    Rakyat Rewards

    • You can earn 1 Rakyat Rewards Point for every RM10 spent on retail expenses.
    • Redeem every 10 Rakyat Rewards Points for RM0.10 cash.

    Tabung Rakyat Rewards

    • Earn profit rebates on an annual basis for the first 3 years.

    The rebate table is explained below for your convenience.

    Rebates Year 1 Year 2 Year 3
    Profit rebates 0.5% 0.5% 0.5%
    Good payment history 1% 1% 1.5%
    Other Bank Rakyat financing facilities 0.5% 1% 1%
    Total Tabung Rakyat Rebates 2% 2.5% 3%

    Bank Rakyat Credit Card Promotions

    • Get unlimited 5% cashback on your petrol expenses. This offer is applicable only on Thursdays, and at all petrol stations across Malaysia. The promotion is valid on all Bank Rakyat credit cards until December 2018.
    • Enjoy a 50% discount on Oxyderm Treatment at the Tini Spa outlet in Ampang and Shah Alam. This offer is applicable only for the Bank Rakyat Muslimah card. The promotion is valid until 31 December 2018.
    • Get a maternity package worth RM2,770 for only RM2,500 at the Hospital Pusrawi Sdn Bhd Kuala Lumpur. This offer is applicable only on the Bank Rakyat Muslimah card. The promotion is valid until 31 March 2019.

    Eligibility Criteria

    Age Criterion

    Minimum age required for Primary Card: 21 Years.

    Minimum age required for supplementary card: 18 years.

    Income Requirement:

    Card Name Income Required
    Card Name Income Required
    Muslimah Mastercard RM24,000
    Platinum Mastercard RM60,000
    Gold Mastercard RM36,000
    Classic Mastercard Rm24,000

    Documents Required

    Type of Applicant Documents Required
    Salaried Applicants

    Copy of MyKad or passport

    Latest salary slip (1 month)

    Latest EPF and EA statements

    Self-employed Applicants

    Copy of MyKad or passport

    Copy of the Business Registration Certificate

    Latest bank statement (3 months)

    Form B

    Any other supporting documents

    Expatriates

    Valid passport

    Letter from employer confirming full details of the employment

    Copy of Bank Rakyat savings account-i passbook

    Card Activation and Cancellation

    Activation:

    • Contact 03 2693 7600 to activate your card for retail transactions.
    • Activate your card for overseas transactions by calling the same number before you make any purchases.

    Cancellation:

    • Cancel your card by submitting a written notice in advance to Bank Rakyat.
    • Return your card to Bank Rakyat.

    Credit Card Statements

    You would receive a card statement every month detailing your transactions, outstanding amount, and any applicable fees and charges. Keep track of your expenses with the card statements each month.

    Lost Card Liability

    • You need to report the loss or theft of your card immediately to Bank Rakyat.
    • Call 603 2692 4600 to report to the bank.
    • The bank will block your card immediately to prevent any unauthorised transactions.

    How to apply for a Bank Rakyat Credit Card?

    Applicants can apply for a Bank Rakyat Credit Card through the following ways:

    • Applicants can find and download the application form for the desired credit card on the Bank Rakyat website. The duly filled application form must be submitted along with the required supporting documents.
    • Applicants can also visit their nearest Bank Rakyat branch and request to apply for the desired credit card.

    Bank Rakyat Credit Card Hotline

    The Bank Rakyat Hotline are as follows:

    • For 24-hour hotline: 603-2693 6880
    • For reporting lost cards: 603-2692 4600

    Fees and Charges

    Fees Charges
    Annual fees – Principal cards

    Bank Rakyat Platinum Card – RM411.28

    Bank Rakyat Gold Card – Waived for life

    Bank Rakyat Classic Card – Waived for life

    Bank Rakyat Muslimah Card – Waived for life

    Annual fees – Supplementary cards

    Bank Rakyat Platinum Card – RM159

    Bank Rakyat Gold Card – Waived for life

    Bank Rakyat Classic Card – Waived for life

    Bank Rakyat Muslimah Card – Waived for life

    Cash advance fee The higher of RM21.20 or 3% of the amount advanced at Bank Rakyat ATMs. The higher of RM21.20 or 5% of amount withdrawn at other bank ATMs.
    Late payment charge 1% of the amount due or RM10 with a maximum fee of RM100
    Minimum monthly repayment The higher of RM50 or 5% of the outstanding balance.
    Interest-free period 20 days
    Additional statement fee RM5.30 per copy
    Sales draft retrieval fee RM15.90 for original RM5.30 for copy
    Card replacement fee RM50 for every replacement
    Conversion for overseas transaction Overseas transactions are converted into US Dollars and then into Malaysian Ringgit using exchange rate determined by MasterCard International.

    Frequently Asked Question’s

    Q. Can I check the status of my card application?

    A. Yes. You can check the status of your application via the SMS sent by Bank Rakyat.

    Q. How long will the application process take?

    A. The application process takes around 7 to 14 working days from the date of application submission.

    Q. Is there a limit on the supplementary cards?

    A. Yes. You can take up to 5 supplementary cards

    Q. Can non-Muslims apply for a Bank Rakyat credit card?

    A. Yes. Non-Muslims can apply for a credit card with Bank Rakyat. However, you need to ensure that you make retail transactions at only halal merchant outlets. Any non-halal purchases or any transactions at non-halal outlets will be blocked by Bank Rakyat.

    Q. What is the financing limit on the Bank Rakyat Platinum Mastercard?

    A. The financing limit for the Platinum Mastercard is RM20,000 and above.

    Q. What is the financing limit on the Bank Rakyat Gold Mastercard?

    A. The financing limit on the Gold Mastercard is between RM8,000 and RM19,000.

    Q. What is the financing limit on the Bank Rakyat Classic Mastercard?

    A. The financing limit on the Classic Mastercard is between RM3,000 to RM7,000.

    Q. Is there a subsequent annual fee waiver on the Platinum card?

    A. No. You can get an annual fee waiver on the Platinum card only for the first year.

    Q. If I have a supplementary card, can I apply for a principal card?

    A. Yes. As a supplementary cardholder, you can apply for a principal card if you meet all the eligibility criteria required for a principal cardholder.

    Q. How can I apply for a supplementary card?

    A. You have to fill out the supplementary card section on the main credit card application form to apply for an additional card. You need to submit copies of identity card of the supplementary cardholder as well as the principal cardholder.

    Q. Do I have to activate my card for online transactions?

    A. Yes. You have to activate your card for online transactions before you make any online purchase. You can call the same number for card activation to carry out this purpose. 

    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.