• Best Rewards Credit Cards of 2018

    Rewards cards offer rewards points on card purchases that can be redeemed. Earn rewards points for every Ringgit you spend through your credit card. The advantages of owning rewards credit cards are plenty. Such cards let you earn points on purchases related to petrol, groceries, online stores, to name a few.

    Consider the following cards offered by some of the top banks in Malaysia. These cards offer more reward points across all categories. Apart from rewards points, these cards also offer other benefits such as annual fee waiver, travel discounts, complimentary lounge access, free travel insurance and dining privileges. This guide will explain the benefits and features of the top rewards credit cards in Malaysia.

    Here are the Best Rewards Credit Cards in Malaysia 2018

    Updated on 1st July 2018

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

    1x rewards point for all local purchases

    5x rewards points for all overseas purchases

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

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

    1 Citi Rewards point for every RM1 spent locally

    2 Citi Rewards points for every RM1 spent in a foreign currency

    3 Cosway Points for every RM1 spent on transactions at any of the Cosway stores.

    1 Cosway Point for every RM1 spent locally.

    2 Cosway Points for every RM1 spent overseas.

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

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

    1x Reward Points on other retail transactions.

    -

    Get 5x Bonus Points on dining.

    Get 1x Bonus Points on all other retail purchases.

    Get 5x Bonus Points for dining overseas and on all other overseas purchases.

    2x Happy Points on local retail transactions.

    2x Happy Points on local dining at participating merchant outlets.

    2x Happy Points on local golf.

    2x Happy Points on air ticket purchases from participating partner airlines.

    2x Happy Points for overseas transactions.

    5x Rewards Points on each RM1 spent on dining and department store purchases.

    5x Reward Points on each RM1 spent on overseas transactions.

    RHB Visa Infinite Credit Card

    The card offers non-expiring reward points on all local as well as overseas transactions. You will also get lounge and golf privileges with this credit card.

    Key Benefits

    • Get complimentary access to lounges in Malaysia and Singapore Changi Airport.
    • Accompanying guests will also get a 25% discount on access to all Plaza Premium lounges in Malaysia.
    • Get complimentary golfing green fees.
    • Obtain a travel insurance cover of up to RM2 million.
    • Air miles redemption facility is applicable for your earned rewards points.
    Additional Points Description
    How to Use It
    • Make your purchases using your RHB Visa Infinite Credit Card to earn rewards.
    • Use this card at Plaza Premium airport lounges to obtain discounts.
    • Check for participating golf clubs to enjoy golf privileges.
    Good about It
    • Annual fee for the card is waived for life.
    • Resolve your queries through a dedicated travel desk while travelling.
    Keep in Mind
    • The air mile redemption is as follows: 4,000 RHB Rewards Points = 500 Enrich Miles.
    • Rewards points do not include government or charity related transactions, cash advance, and petrol purchases.

    Who Should Get It

    • Those who want to earn rewards on their purchases.
    • Those who like to travel frequently.

    Alliance Bank Platinum Card

    The card offers Timeless Bonus Points (TBP) on your international retail purchases. You can also enjoy annual fee waiver provided you meet certain criteria while using the credit card.

    Key Benefits

    • Get 3x TBP on your overseas retail purchases.
    • Get 1x TBP on your local retail purchases.
    • Enjoy 2x TBP when you spend on grocery, petrol, and other utilities.
    Additional Points Description
    How to Use It
    • Spend on grocery, petrol, and other overseas and retail purchases to earn rewards.
    • Use your earned rewards points to obtain air miles redemption facility.
    Good about It
    • Enjoy exclusive discounts and privileges at outlets participating merchants.
    • Enjoy Instalment Payment Plan at the rate of 0% p.a. at select merchants.
    • Earn TBPs that never expire.
    • Redeem rewards points for air miles.
    • You can get your card’s annual fee waived provided you meet certain criteria.
    Keep in Mind
    • TBPs are not applicable for any government related transactions.
    • Your annual income should be at least RM60,000 to get this card.
    • Annual fee is waived only if you make a transaction of RM5,000 or make 12 swipes within one year.

    Who Should Get It

    • Those who like to travel overseas.
    • Those who make retail purchases regularly.

    The card offers you rewards points on all your retail transactions. You can also enjoy several privileges while traveling overseas.

    Key Benefits

    • Enjoy 1 Citi Rewards point on each RM1 you spend locally.
    • Get 2 Citi Rewards points for each RM1 you spend in a foreign currency.
    • Earn up to 40% Relationship Bonus Points based on your banking history with Citi.
    Additional Points Description
    How to Use It
    • Collect Citi Rewards points to redeem them for gifts and vouchers from Citibank Rewards Catalogue.
    • Use the card to get 1-for-1 gold class movie tickets at Golden Screen Cinemas.
    Good about It
    • You can get access to exclusive events such as fashion shows, movie premiers, and music concerts using the card.
    • You can make purchases with your earned Citi Rewards Points.
    Keep in Mind
    • The card comes with an annual fee of RM1,000.
    • Your annual income must be RM200,000.

    Who Should Get It

    • Those who tend to travel often.
    • Those who like to shop locally and overseas.

    AmBank Cosway Platinum Mastercard

    The credit card offers rewards points when you shop at any of the Cosway stores, Cosway Pharmacies, and Country Farm Organic Stores. Moreover, a complimentary travel insurance comes as an add-on with this card.

    Key Benefits

    • Earn 3 Cosway Points for every RM1 spent at any of the 850 + Cosway stores.
    • Earn 2 Cosway Points for every RM1 spent on overseas transactions.
    • Earn 1 Cosway Point for every RM1 spent on overseas transactions.
    • Enjoy a complimentary travel insurance coverage of up to RM1 million.
    • Use the AutoBillPay facility to make your insurance payments or to pay your utility bills.
    • Convert your retail purchases into convenient instalments using the AmFlexi-Pay facility.
    Additional Points Description
    How to Use It
    • Use this card to make purchases at Cosway stores as well as for local and overseas transactions to enjoy discounts and other benefits.
    • Use the card to make automatic bill payments.
    Good about It
    • You can use your Cosway Points for on-the-spot redemption at Cosway.
    • The card is free for life.
    Keep in Mind
    • The minimum income requirement for this card is RM48,000 p.a.

    Who Should Get It

    • Cosway shoppers.
    • Those who spend on local and overseas retail purchases.

    HSBC Visa Signature Credit Card

    The credit card offers you rewards points on all your international transactions. Moreover, you can also get global privileges and premium lounge accesses across the world.

    Key Benefits

    • Enjoy 8x rewards points on every RM1 you spend using this card overseas.
    • All your local purchases at selected malls will earn you 5x rewards points.
    • 1x rewards points on any other transactions.
    • Use the card to get free lounge access to the Plaza Premium lounges in Hong Kong, Malaysia, and Singapore.
    Additional Points Description
    How to Use It
    • Use the card to pay for your local and overseas purchases.
    • Show your card at following Plaza Premium Lounges to get free access: Hong Kong International Airport, Changi International Airport, and Kuala Lumpur International Airport.
    • Use the card at participating malls from the bank’s official website to earn 5x rewards points.
    Good about It
    • High rewards points for both local and overseas expenses.
    • You can also earn additional reward points with the supplementary card.
    • 20-day grace period.
    • Balance transfer facility and card balance conversion plan.
    Keep in Mind
    • Your annual income must be RM72,000 to get this card.
    • You can earn a maximum of 30,000 rewards points per customer.
    • You need to pay an annual fee of RM600.
    • Complimentary Plaza Premium Lounge visits are limited to 6 per year.

    Who Should Get It

    • Those who travel frequently.
    • Those who prefer online as well as offline shopping.

    CIMB Visa Infinite Credit Card

    CIMB Visa Infinite credit card offers rewards on dining as well as local and overseas purchases. You can also earn airport lounge access, a complimentary travel insurance and many other privileges.

    • Use this card for dining anywhere in the world and get 5x Bonus Points.
    • Get 5x Bonus Points for overseas purchases.
    • Get 1x Bonus Points on all other retail transactions.
    • You don't have to pay annual fee for this card.
    • Get 8x Plaza Premium Lounge access when you spend RM100,000 or more.
    • Get a complimentary travel insurance coverage of up to RM1 million when you pay the full airfare with your card.
    • Enjoy up to 50% discount when you dine locally.
    • Enjoy exclusive airline and travel deals when you use the CIMB Premier Travel Desk facility.
    • The Plaza Premium Lounge vouchers are only for the principal cardholders.
    • Enjoy airport ride privileges.
    • Get a complimentary Touch ‘n Go Zing Card along with this card.
    Additional Points Description
    How to Use It
    • Use your card for retail and overseas transactions and earn Bonus Points.
    • Use your card when you dine anywhere in the world, and earn Bonus Points.
    Good about It
    • You can redeem the accumulated Bonus Points on Bonus Miles, vouchers, and a range of selected items.
    • This credit card offers high rewards for shopping.
    • The annual fee is waived for both the principal and the supplementary cards.
    Keep in Mind
    • The minimum income requirements for this card is RM120,000 p.a.
    • Bonus Points come with a validity of 3 years. All unused Bonus Points will be forfeited after 3 years.
    • You won’t be able to earn Bonus Points on petrol purchases, any bank-related fees and charges, or any government-related payments.

    Who Should Get It

    • Those who dine out regularly.
    • Those who shop overseas.

    BSN Platinum Mastercard

    When you use your BSN Platinum Mastercard on local and overseas retail transactions, you earn Happy Points, as well as many other special privileges and offers.

    Key Benefits

    • Get 2x Happy Points when you buy air tickets from participating merchant outlets and for all overseas transactions.
    • Get 2x Happy Points for local golf and local dining.
    • Get 1x Happy Points for local retail transactions.
    • The annual fee is waived for this card.
    • Get complimentary travel accident insurance coverage worth RM1 million when you pay the full airfare with your card.
    • Enjoy special privileges and deals on hotels, restaurants, travel companies, and retailers.
    • Use the BSN EasyCash facility and get quick cash with a low monthly repayment plan.
    • Get finance charges of just 11% p.a. and 13.5% p.a. for government servants and private sector employees respectively, when you have settled your payment on time.
    • If you have settled the previous month's outstanding balance, you can enjoy an interest-free period of 20 days from the statement date for all retail transactions.
    • Pay your monthly bills with the BSN Autobilling facility and earn rewards points.
    • Convert your transactions into interest-free monthly instalments using the BSN Instalment-Pay Plan facility.
    • The principal cardholder and the first supplementary cardholder will get a complimentary BSN Zing PLUSMiles Card each. Using the BSN Zing PLUSMiles Card, you can enjoy discounts and toll rebates.
    Additional Points Description
    How to Use It
    • Redeem your accumulated Happy Points on Enrich Miles, shopping and dining vouchers and lifestyle items.
    Good about It
    • The annual fee is waived for this card.
    • You earn high rewards for both local and overseas transactions.
    • Low finance charges for government servants and private sector professionals.
    Keep in Mind
    • The minimum income requirements for this card is RM60,000 p.a.
    • Happy Points have a validity of 3 years.
    • You won't earn Happy Points for petrol purchases, bank-related transactions, and government-related payments.

    Who Should Get It

    • Those who shop frequently.
    • Those who dine out.

    Standard Chartered Visa Platinum Credit Card

    This credit card comes with a lifetime fee waiver. Furthermore, the card offers rewards points on all your local and overseas retail purchases.

    Key Benefits

    • Spend RM1,500 in a month with the card to earn up to 5,000 bonus points.
    • Earn 5x Rewards Points on dining, transactions made at department stores, and overseas purchases.
    • You can redeem your earned rewards points for different items available on the rewards catalogues.
    Additional Points Description
    How to Use It
    • Use the card for your grocery, petrol, and other purchases to earn reward points on it.
    • Use this card for making your overseas purchases.
    Good about It
    • The card comes with an annual fee waiver for life.
    • Earn 5,000 bonus points and up to 5x rewards points with purchases.
    Keep in Mind
    • You need to have a minimum annual income of RM24,000 to apply for this card.
    • Only retail purchases of minimum RM1,500 are eligible to earn 5,000 bonus points.

    Who Should Get It

    • Those who spend more on overseas purchases.
    • Those who spend on dining, fuel, or grocery shopping.  

    How to Choose the Best Rewards Card

    Choose an ideal rewards card based on your spending preference and pattern. Each card offers different number rewards points for various categories. As each card offers different benefits, compare all cards to pick one that is designed for your needs.

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

    BBazaar's Best Rewards Credit Cards 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.

    Credit Card Rewards Points
    RHB Visa Infinite Credit Card

    Local Expenses: 1x rewards point

    Overseas Expenses: 5x rewards points

    Alliance Bank Platinum Card

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

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

    Citi Prestige Card

    Local Expenses: 1 Citi Rewards point for every RM1 spent locally

    Overseas Expenses: 2 Citi Rewards points for every RM1 spent

    AmBank Cosway Platinum Mastercard

    Local Expenses: 3 Cosway Points for every RM1 spent on transactions at any of the Cosway stores.

    Overseas Expenses: 2 Cosway Points for every RM1 spent overseas.

    HSBC Visa Platinum Credit Card

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

    Overseas Expenses: -

    CIMB Visa Infinite Credit Card

    Get 1x Bonus Points on all other retail purchases.

    Get 5x Bonus Points for dining overseas and on all other overseas purchases.

    BSN Platinum Mastercard

    2x Happy Points on local retail transactions.

    2x Happy Points for overseas transactions.

    Standard Chartered Visa Platinum Credit Card

    5x Rewards Points on each RM1 spent on dining and department store purchases.

    5x Reward Points on each RM1 spent on overseas transactions.

    Looking for More

    Pick Up the Other Best Credit Card Category You May Like

  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.