Grab a credit card that gives you better rewards & more!
  • Best Rewards Credit Cards of 2018

    Rewards cards let you earn rewards points for every Ringgit you spend through your card. You can earn points on purchases related to petrol, groceries, online stores, and more.

    Consider the following cards offered by some of the top banks in Malaysia. With these cards, you not only earn rewards on your spends, but you also can enjoy many other benefits, including cashback, lounge access, dining discounts and deals, air miles, and more.

    BBazaar's Best Rewards Credit Cards in Malaysia 2018

    Updated on 2nd November 2018

    Credit Card Rewards Points
    Citi Rewards Visa Signature Card

    Local Expenses: 5x Citi Rewards points for every RM1 spent at participating supermarket or departmental stores.

    Overseas Expenses:  5x Citi Rewards points for every RM1 spent overseas.

    Maybank Visa Platinum

    Local Expenses: 1x TreatsPoints for every RM1 spent locally.

    Overseas Expenses: 2x TreatsPoints for every RM1 spent overseas.

    CIMB Visa Signature

    Local Expenses: 1x Bonus Point for every RM1 spent locally.

    Overseas Expenses: 2x Bonus Points for every RM1 spent overseas.

    Hong Leong Sutera Platinum Mastercard Credit Card

    Local Expenses: 3x Rewards Points on all day dining.

    Overseas Expenses:  6x Rewards Points on overseas transactions

    Alliance Bank Platinum Card

    Local Expenses: 1x Timeless Bonus Points (TBP) on each RM1 spent on local retail Purchases.

    Overseas Expenses:  3x Timeless Bonus Points (TBP) on each RM1 spent overseas.

    HSBC Visa Platinum Credit Card

    8x Reward Points on every transaction made at Mid Valley Megamall and The Gardens Mall.

    None

    Standard Chartered Visa Platinum Credit Card

    5x reward points for every RM1 spent on dining and departmental store purchases.

    5x reward points for every RM1 spent on overseas purchases.

    Here are the Best Rewards Credit Cards in Malaysia 2018

    Updated on 2nd November 2018

    Card Name
    Rewards Points for Local Expenses
    Rewards Points for Overseas Expenses
    Know More

    5x Citi Rewards points for every RM1 spent at participating supermarket or departmental stores.

    1x Citi Rewards points for every RM1 spent locally.

    (Rewards Points for Local Expenses)

    5x Citi Rewards points for every RM1 spent overseas.

    (Rewards Points for Overseas Expenses)

    1x TreatsPoints for every RM1 spent locally.

    1x TreatsPoints on education institutions, insurance, utility, petrol, and 0% EzyPay transactions.

    (Rewards Points for Local Expenses)

    2x TreatsPoints for every RM1 spent overseas.

    (Rewards Points for Overseas Expenses)

    1x Bonus Point for every RM1 spent locally.

    (Rewards Points for Local Expenses)

    2x Bonus Points for every RM1 spent overseas.

    (Rewards Points for Overseas Expenses)

    3x Rewards Points on all day dining.

    3x Rewards Points for all local weekend spends.

    1x Rewards Points on all other retail purchases.

    (Rewards Points for Local Expenses)

    6x Rewards Points on overseas transactions

    (Rewards Points for Overseas Expenses)

    1x Timeless Bonus Points (TBP) on each RM1 spent on local retail Purchases.

    (Rewards Points for Local Expenses)

    3x Timeless Bonus Points (TBP) on each RM1 spent overseas.

    (Rewards Points for Overseas Expenses)

    8x Reward Points on every transaction made at Mid Valley Megamall and The Gardens Mall.

    1x Reward Points on other retail transactions.

    5x Reward Points on every transaction made at participating partner outlets.

    (Rewards Points for Local Expenses)

    None

    (Rewards Points for Overseas Expenses)

    5x reward points for every RM1 spent on dining and departmental store purchases.

    1x reward points for all local expenditures with the principal or a supplementary card.

    (Rewards Points for Local Expenses)

    5x reward points for every RM1 spent on overseas purchases.

    (Rewards Points for Overseas Expenses)

    Citi Rewards Visa Signature Card

    Shopping at supermarkets or departmental stores gets more rewarding with the Citi Rewards Visa Signature Card. You can earn reward points on your everyday local and overseas expenses. The points you earn on your transactions never expire as well.

    Key Benefits

    • Earn 5x Citi Rewards points when you shop at participating supermarkets or department stores.
    • Get 5x Citi Rewards points for every RM1 you spend overseas.
    • Enjoy 1x Citi Rewards points for every RM1 you spend locally.
    Additional Points Description
    How to Use It
    • Use your card for overseas and local transactions to accumulate reward points.
    • Convert your accumulated reward points for gift vouchers and more.
    Good about It
    • Citi Rewards Points earned never expire.
    • Complimentary access to Plaza Premium Lounges.
    • Exclusive Visa and Mastercard benefits.
    • Overseas personal accident coverage of up to RM50,000.
    • Exclusive healthcare privileges available.
    Keep in Mind
    • 5x Citi Rewards points available only at department stores like AEON, AEON Big, Marks & Spencer, Metrojaya, Parkson, Robinsons, Tangs, and Isetan.
    • 5x Citi Rewards points available only at supermarkets like B.I.G Ben's Independent Grocer, Cold Storage, Everise, Giant, Jasons Food Hall, Jaya Grocer, Servay, Tesco, and Village Grocer.
    • Reward points granted for supermarket spends available only up to a maximum spend of RM3,000 per monthly billing cycle.
    • 5x Citi Rewards points available up to a maximum spend of RM24,000 per year for overseas expenses.
    • The minimum annual income requirement of this card is RM60,000.

    Who Should Get It

    • Those who shop frequently both locally overseas.

    Maybank Visa Platinum

    With the Maybank Visa Platinum, you get awarded points on all your local and overseas expenses. You also get points on all transactions during your birthday month.

    Key Benefits

    • 2x TreatsPoints for every RM1 spent overseas.
    • 1x TreatsPoints for every RM1 spent locally.
    • 2x TreatsPoints for all expenses during your birthday month.
    Additional Points Description
    How to Use It
    • Use your card for all your local and overseas expenses.
    • Swipe your card for all your transactions during your birthday month.
    • Use your accumulated points to get gift vouchers and more.
    Good about It
    • Travel insurance coverage of up to RM700,000.
    • 1x TreatsPoints available on transactions at education institutions, insurance providers, and for utilities, petrol, and 0% EzyPay.
    Keep in Mind
    • TreatsPoints will not be granted on for expenses at Government Bodies or on cash advances, balance transfer, and cash treats,
    • Full fare of your airline tickets must be charged to your Maybank Visa Platinum card for automatic travel insurance coverage.
    • The minimum annual income requirement for this card is RM60,000.

    Who Should Get It

    • Those who travel overseas and shop regularly.

    Enter the world of Visa privileges and benefits with the CIMB Visa Signature. You will get points for all your expenses, whether it’s overseas or local. Besides this, you get access to several offers and deals on shopping and dining.

    Key Benefits

    • Get 2x Bonus Points every time you spend RM1 overseas.
    • Enjoy 1x Bonus Point for every RM1 spent on local expenses.
    • Save more with the lifetime annual fee waiver for both principal and supplementary cards.
    Additional Points Description
    How to Use It
    • Swipe this card every time you shop overseas.
    • Use this card for all your local expenses.
    • Redeem the accumulated points for merchandise and gifts.
    Good about It
    • Automatic travel insurance coverage up to RM1 million.
    • Dedicated travel assistance whenever you travel.
    • Exclusive access to Plaza Premium Lounges.
    • Get a complimentary Touch ‘n Go Zing Card.
    Keep in Mind
    • You can get automatic travel insurance coverage only if you charge the full fare of your airline tickets to this card.
    • Access to Plaza Premium Lounges is only available 2 times in the first year. This gets renewed in the subsequent years if you spend a minimum of RM100,000 or more annually.

    Who Should Get It

    • Those looking for travel-related benefits on their card.

    Hong Leong Sutera Platinum Mastercard Credit Card

    Hong Leong Sutera Platinum Mastercard offers rewards points on local and overseas purchases, and for local weekend spends and all day dining. The card’s annual fee is waived for the first year.

    Key Benefits

    • Earn 6x Rewards Points for all overseas retail purchases.
    • Earn 3x Rewards Points for dining (all day).
    • Earn 3x Rewards Points for all local weekend spends.
    • Earn 1x Rewards Points on all other retail purchases.
    • Enjoy travel insurance coverage of up to RM1.7 million.
    • Get complimentary access to Plaza Premium Lounges.
    Additional Points Description
    How to Use It
    • Shop using your card and earn Rewards Points.
    • Redeem your Rewards Points on selected lifestyle items, gift vouchers, and air miles.
    • You can also use your Rewards Points to offset your card’s annual fee.
    Good about It
    • The minimum credit limit of the card is RM12,000.
    • You can earn Rewards Points for petrol purchases.
    Keep in Mind
    • The minimum income requirement for this card is RM60,000 p.a.
    • You won't earn Rewards Points for bank-related fees and charges and government-related payments.
    • The annual fee is waived for the first year, provided you perform at least one retail swipe within 45 days from the card approval date. The annual fees will be waived for the following years, provided you make a minimum spend of RM15,000 in a year.

    Who Should Get It

    • Those who shop regularly.
    • Those who spend overseas.

    Alliance Bank Platinum Card

    Platinum Card by Alliance Bank offers Timeless Bonus Points (TBP) on your local and overseas retail purchases. You can also get an annual fee waiver provided you meet certain criteria while using the credit card.

    Key Benefits

    • Earn 3x TBP on your overseas retail purchases.
    • Enjoy 1x TBP on your local retail transactions.
    • Get 2x TBP when you spend on petrol, groceries, and other utilities.
    Additional Points Description
    How to Use It
    • Use this card to purchase grocery, petrol, as well as for overseas retail purchases to earn rewards.
    • Redeem your earned rewards points to get air miles redemption facility.
    Good about It
    • Enjoy exclusive privileges and discounts at participating merchants.
    • Get Instalment Payment Plan (IPP) at the rate of 0% p.a. at selected merchants.
    • Earn TBPs that do not expire.
    • You can redeem rewards points for air miles.
    • Get an annual fee waiver on meeting certain criteria.
    Keep in Mind
    • TBPs are not applicable for any government related transactions.
    • Your annual income needs to be minimum RM60,000 to get this card.
    • To get an annual fee waiver, you need to spend a minimum of RM5,000 or make 12 swipes within one year.

    Who Should Get It

    • Those who regularly travel overseas.
    • Those who make retail purchases frequently.

    HSBC Visa Platinum Credit Card

    The credit card lets you earn reward points when you use it at participating merchants or at other retail outlets. You can also get several other privileges and benefits using this card.

    Key Benefits

    • Enjoy 8x Reward Points for purchases at Mid Valley Megamall and The Gardens Mall.
    • Get 5x Reward Points on transactions made at other participating malls in Malaysia.
    • Get 1x Reward Points on all other retail transactions.
    • Enjoy exclusive offers and discounts on a range of shopping outlets in the country when you shop with this card.
    • Platinum credit cardholders are automatically entitled to the HSBC Rewards Programme.
    Additional Points Description
    How to Use It
    • Use the card at participating partner outlets to earn reward points.
    • Use this credit card to pay for your local and overseas expenses.
    • You can utilise the HSBC Cash Advance programme facility to get instant cash.
    Good about It
    • High reward points when you shop at participating partner outlets.
    • An annual fee waiver if you spend using this card at least once a month in a 12-month period.
    • A grace period of 20 days on all your shopping purchases.
    Keep in Mind
    • The minimum income requirement to get this card is RM36,000 p.a.
    • You will not earn reward points on government-related transactions, charity payments, and bank-related fees and charges.
    • Validity of reward points is of 3 years

    Who Should Get It

    • Those who want to save more on shopping.

    Standard Chartered Visa Platinum Credit Card

    You can earn reward points with this card on all your local and overseas retail transactions. It also comes with an annual fee waiver and low annual income requirement.

    Key Benefits

    • Earn up to 5,000 points with purchases of more than RM1,500 in a month.
    • Redeem your points for several products available on the rewards catalogue.
    • Earn 5x points for dining, departmental store, and overseas shopping transactions.
    • Earn 1x points for all other local spends.
    Additional Points Description
    How to Use It
    • Use your card for purchasing groceries, petrol, and pharmacy-related transactions to earn points.
    • Use this credit card for dining, departmental store transactions, and overseas purchases to earn 5x points.
    • Spend a minimum of RM1,500 in a month to qualify to earn 5,000 bonus points.
    Good about It
    • The card offers an annual fee waiver for life.
    • Minimum annual income requirement is RM24,000.
    Keep in Mind
    • Only retail purchases of minimum RM1,500 are eligible to get 5,000 bonus points.

    Who Should Get It

    • Those who spend regularly on dining, groceries, petrol, and overseas purchases.

    How to Choose the Best Rewards Card

    Compare various credit cards on the basis of the number of reward points offered, categories on which rewards are given, the lifespan of the reward points, the items that can be redeemed, and more. Every card will come with a certain set of fees and charges; so the onus is on you to choose the best possible card from the lot.

    If you want to know more about other categories, check the best cashback credit cards or the best shopping credit cards.

    Review

    All of the rewards credit cards mentioned above offer a ton of benefits on your expenses. One card that edges out is the Alliance Bank Platinum Credit Card. For starters, if you’re a frequent traveller, you’ll earn 3x Timeless Bonus Points for every RM1 you spend overseas. You also get 1x TBP for every RM1 spent on your local retail expenses and 2x TBP when you swipe your card for petrol, grocery, or utility transactions.

    These aren’t the only benefits you’ll enjoy with this card. Let’s dive into the annual fee waiver you can access every year if you spend a minimum of RM5,000 or swipe your card 12 times within a 12-month period. You get unlimited complimentary access to the KLIA Plaza Premium Lounge if you’re a PB or AP member. There’s also a dedicated customer service hotline to assist you whenever you need.

    Illustration

    Let’s say you spend RM600 overseas, RM900 on local expenses, RM500 on groceries, and RM350 on petrol in a month. In the table below, you’ll know how many points you can earn for every RM1 you spend:

    Expense Category Amount Spent Rewards Calculation Reward Points Earned<
    Overseas RM600 3x TBP = 3 x RM500 = 1,500 1,500
    Local expenses RM900 1xTBP = 1 x RM900 = 900 900
    Groceries RM500 2x TBP = 1 x RM500 = 1,000 1,000
    Petrol RM350 2x TBP = 2 x RM350 = 700 700

    Looking for More

    Pick Up the Other Best Credit Card Category You May Like

    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.