Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
  • Best Credit Card for Low Income

    If your income is not high enough to obtain you a top-class credit card, you don’t have to worry. You still can get a good credit card that is designed for people with low income. Generally, an annual income of RM24,000 is considered to be lowest income that can qualify you for a credit card. Here is a compilation of various credit cards from different banks in Malaysia that consider low-income earners.

    Here are the Best Credit Cards for Low Income Earners in Malaysia 2018

    Updated on 4th September 2018

    Card Name
    Minimum Income Criteria
    Financial Charges
    Annual Fee
    Know More

    RM24,000.

    15% p.a. to 18% p.a

    Principal Card: RM250. Waived for the first year.

    Supplementary Card: Waived.

    RM24,000 p.a.

    15% p.a. to 18% p.a.

    Principal Card: RM90.

    Supplementary Card: RM60.

    1st year waived if you swipe the card 3 times within 60 days of card approval.

    RM24,000.

    15% p.a. to 18% p.a.

    Principal Card: Waived for life.

    Supplementary Card: RM75.

    Waived for the first three cards

    RM24,000.

    15% p.a. to 18% p.a.

    Principal Card: Waived

    Supplementary Card: Waived.

    RM24,000.

    15% p.a. to 18% p.a.

    Principal Card: RM160.

    Supplementary Card: RM80.

    RM24,000

    Government Employees: 11% p.a. to 17.5% p.a.

    Private sector employees: 13.5% p.a. to 17.5% p.a.

    Principal Card: Waived.

    Supplementary Card: Waived.

    RM24,000.

    15% p.a. to 18% p.a.

    Principal Card: RM30.

    Supplementary Card: RM20.

    RM24,000.

    15% p.a. to 18% p.a.

    Principal Card: RM250.

    Supplementary Card: RM80

    Standard Chartered JustOne Platinum Mastercard

    Standard Chartered JustOne Platinum Mastercard offers high cashback rates of up to 15% on selected spend categories. The cashback percentage depends on the total monthly spend you have made using the card.

    Key Benefits

    • Earn cashback of up to 15% on auto-bill payment, online purchases, and petrol categories.
    • Get 0.2% cashback when you spend on other categories.
    Additional Points Description
    How to Use It
    • Pay with the JustOne Platinum Mastercard for all your purchases and utility bills.
    • Collect cashback based on the amount you have spent with the card.
    Good about It
    • The annual fee will be waived when you spend a minimum of RM20,000 with the card.
    • Enjoy exclusive privileges and offers at the participating merchant outlets.
    Keep in Mind
    • The cashback is capped at RM12 when the total spend per month is within RM1,499.99.
    • The maximum cashback you can earn with a monthly spend between RM1,500 and RM2,499.99 is RM28.
    • The cashback you can earn with a monthly spend of RM2,500 and above is capped at RM85.

    Who Should Get It

    • Those who have a low income.
    • Those who spend on auto-bill payments, petrol, online purchases, and other retail transactions.

    Citi Clear Card

    Enjoy up to 3x Citi Reward points on retail transactions when you spend with the Citi Clear Card. You can get access to a wide range of privileges and treats with this card.

    Key Benefits

    • Earn 3x Citi Reward points on your purchases at Borders, Sakae Sushi, GAP, Topman, G2000, Topshop, La Senza, Vincci, and Zouk Club KL.
    • Receive 1x Citi Reward point every time you spend RM1 on other transactions.
    • Purchase a movie ticket on the GSC website or mobile app on a Friday to get one complimentary ticket.
    • Buy yourself a drink at The Coffee Bean & Tea Leaf and get another free drink.
    Additional Points Description
    How to Use It
    • Use the Citi Clear Card for all your transactions at retail and other stores.
    • Swipe this card for up to 50% discounts on dining, shopping, and travel.
    Good about It
    • Priority access to various rewards and discounts at outlets across Malaysia.
    • Evergreen Citi Reward points that never expire.
    • Card accepted in over 120 countries and over 30 million stores worldwide.
    • Zero liability when you report a lost card.
    • Citi Reward points for purchases at participating merchant outlets.
    Keep in Mind
    • Annual fees waived for the first year if you swipe your card 3 times within 60 days of issuance.
    • Complimentary drink at The Coffee Bean & Tea Leaf must be equal or lower value of the drink you have purchased.
    • Complimentary GSC tickets only available when purchased on the GSC website or mobile app.

    Who Should Get It

    • Those who spend frequently at retail stores.

    AmBank Gold Credit Card

    Turn all your transactions at different stores into AmBonus Points with the AmBank Gold Credit Card. You can also use AmBonus Points to pay for your expenses at participating outlets instantly.

    Key Benefits

    • For every RM1 you spend at a store, you receive 1 AmBonus Point.
    • Travel to your destination protected with the automatic travel insurance coverage that covers personal accidents and travel inconveniences.
    • Manage your utility and insurance payments easily with the AutoBillPay feature.
    Additional Points Description
    How to Use It
    • Pay for all your expenses at stores and outlets with the AmBank Gold Credit Card.
    • Redeem your AmBonus Points for your transactions at various participating outlets.
    Good about It
    • Annual fees for the principal card is waived for life. The annual fees for the first 3 supplementary cards are free-for-life.
    • Complimentary travel insurance coverage up to RM500,000.
    • AmBonus Points for all purchases made on this card and on the spot redemption available at participating merchants.
    Keep in Mind
    • Annual fee of RM75 charged from the fourth supplementary card onwards.
    • Automatic travel insurance available when you charge the full fare of your airline tickets to this card.
    • AutoBillPay service available post enrolment.

    Who Should Get It

    • Those with an annual income of RM24,000 and above.
    • Those who spend frequently at retail and other stores.
    • Those who travel.

    CIMB Platinum Credit Card

    Every time you spend with the CIMB Platinum Credit Card, you receive reward points. Besides this, you also get access to a wide range of promotions and discounts.

    Key Benefits

    • Enjoy 1 Bonus Point every time you spend RM1 at a store with the CIMB Platinum Credit Card.
    • Use your Bonus Points to pay for your purchases at participating merchant outlets through the Pay with Points feature.
    • Stay protected when you travel with the automatic travel insurance coverage that includes personal incidents and travel inconveniences.
    Additional Points Description
    How to Use It
    • Swipe this card to receive bonus points on your purchases.
    • Buy products and items at participating merchant outlets with the bonus points you’ve earned.
    Good about It
    • Annual fees for the principal and supplementary card are waived.
    • Complimentary travel insurance up to RM1 million.
    • Complimentary Touch n’ Go Zing Card with the auto-reload feature.
    Keep in Mind
    • You get automatic travel insurance only when you charge the full fare of your flight tickets to this card.
    • Bonus points can be redeemed for purchases only at participating merchant outlets.

    Who Should Get It

    • Those who earn a minimum of RM24,000 or above a year.
    • Those who spend at stores frequently.
    • Those who travel.

    Mach Credit Card

    This card is ideal for those who want to increase their monthly savings. You have the option to choose any one of the three categories in the Lifestyle package. Secure more savings when you include packages from the Add-on Category as well.

    Key Benefits

    • Earn up to 10% cashback on your selected categories (Social, Trendsetter, and Savvy Packages).
    • Earn 0.2% cash rebate on all other categories.
    • Include packages from Add-on Category to secure more savings.
    Additional Points Description
    How to Use It
    • Pay for your purchases using your card.
    • Earn cash rebates when you spend on the categories from the chosen package.
    Good about It
    • You have the option to switch to another category whenever you want.
    • Earn more cash rebates when you include packages from the Add-on Category.
    Keep in Mind
    • You can get an annual fee waiver with this card, provided you swipe a minimum of 12 times per year.
    • The cash rebate is capped at RM100 per category per quarter.
    • You will be charged RM5 per quarter per category when you choose an additional category.

    Who Should Get It

    • Those who want to increase their savings.
    • Those who earn an income of RM24,000 p.a.

    BSN Visa Classic

    BSN Visa Classic offers rewards in the form of Happy Points. This card comes with low finance charges and offers exclusive dining, shopping, and travel deals.

    Key Benefits

    • Earn 1x Happy Point when you spend on local retail transactions.
    • Earn 2x Happy Points when you spend on overseas retail transactions.
    • Enjoy finance charges as low as 11%.
    • Get a FREE BSN Zing PLUSMiles Card and enjoy toll rebates.
    • Get travel insurance coverage of up to RM300,000 when you charge the full airfare to your card.
    Additional Points Description
    How to Use It
    • Carry out local and overseas retail transactions to earn Happy Points.
    • Redeem your accumulated Happy Points on a range of lifestyle products and gift vouchers.
    Good about It
    • The annual fee is waived for both the principal and supplementary cards, with no conditions attached.
    • Enjoy special discounts and offers on dining, shopping, and travel from participating merchant outlets.
    Keep in Mind
    • Happy Points are valid for a period of three years. All unused points will be forfeited.

    Who Should Get It

    • Those who earn a low income.
    • Those who are looking for cards that come with low finance charges.

    AEON Classic Mastercard

    AEON Classic Mastercard offers rewards when you carry out local and overseas transactions. Additionally, you will also get cashback at the end of each month as well as deals on dining, shopping, and travel.

    Key Benefits

    • Earn 5% cash rebates at AEON BiG Thank You Member Day on the 28th of every month.
    • Earn 1 Reward point when you spend RM1 on retail transactions.
    Additional Points Description
    How to Use It
    • Use your card to make retail purchases and earn AEON Reward points.
    • Redeem AEON Reward points on a range of lifestyle items and gift vouchers.
    Good about It
    • Enjoy up to 50% discounts and get exclusive deals when you spend using this card.
    • Joining fees are waived for this card.
    Keep in Mind
    • AEON Reward points won't be issued for government-related payments and petrol transactions.
    • The cashback for AEON BiG Thank You Member Day is capped at RM100.

    Who Should Get It

    • Those who shop at AEON stores.
    • Hong Leong WISE Visa Gold

      Hong Leong WISE Visa Gold is ideal for those who earn a low income. You have the option to choose 2 categories out of 9 cashback categories

      Key Benefits

      • Earn 10% cashback on the categories of your choice (pharmacies, groceries, petrol, dining, departmental stores, bookstores, utilities, entertainment, travel, and mobile).
      • Choose up to two cashback categories.
      Additional Points Description
      How to Use It
      • Use your Hong Leong WISE Gold Credit Card to spend on your chosen categories and earn cashback.
      Good about It
      • You can choose categories in which you carry out maximum transactions. This way you can earn cashback and secure great savings.
      • You have the option to switch to another category whenever you want.
      Keep in Mind
      • The cashback is capped at RM100 per month per category.
      • You need to spend a minimum of RM2,000 per month to get the cashback.
      • You will be charged a one-time maintenance service fee of RM10 when you switch to another cashback category.
      • If you enrol for the petrol category, you are eligible to earn cashback only for transactions carried out at automated fuel dispensers, applicable to any petrol stations. You won’t earn cashback for purchases made at the petrol station cashier counter.
      • Mobile is the default category offered as of now.

      Those who earn RM2,000 and above per month.

      • Those who shop at AEON stores.
      • How to Choose the Best Card for a Low Income Earner

        Apply for a credit card only if you qualify with respect to all the eligibility requirements mentioned for the card. Also, try to choose a card that has no or minimum annual fee. Many cards in the market today come with a waiver on the annual fee.

        Some cards may have waived the annual fee only for the first year. If you want to choose such a card, do consider the annual fee for the second year onwards. Go for the card only if you can afford to pay it. It would be good to prefer a card with low finance charges if you think you can’t make complete payments every month.

    BBazaar's Best Credit Cards for Low-Income Earners of 2018

    Use this guide to compare and choose the card that is best suited to you. Make sure you read all terms and conditions pertaining to the card before opting for one. Identify your preferred spending category and budget to pick a card that will meet your financial needs. This table below will explain the categories that each individual card is ideal for. Utilize this table when comparing cards to choose the best card for yourself.

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