Hong Leong Wise Gold Credit Card is a card that offers savings through cashback. The card is a no-frills card which lets cardholders earn a high amount of cashback on expenses charged to the card all year long provided they meet the qualifying criteria.
Applicants must meet the following criteria to avail this card:
| Types of Fees | Charges |
|---|---|
| Annual fees – Principal card | RM265 |
| Annual fees – Supplementary card | RM84.80 |
| Minimum monthly repayment | The higher amount between 5% of the outstanding balance or RM50. |
| Interest-free period | 20 days. |
| Finance charge on purchases | The rates offered for cardholders who pay on time for 12 consecutive months is 15% p.a. The rates offered for cardholders who pay on time for 10 or more payments in a 12-month period is 17% p.a. and for cardholders not belonging to the above categories, the interest charged is 18% p.a. |
| Finance charge on cash advance | 18% p.a. |
| Overseas transactions | Transactions carried out overseas are converted into Malaysian Ringgit and the converted transaction has a 1% mark-up levied on it. |
| Cash withdrawal fee | RM21.20 or 5.3% of the amount withdrawn, whichever is higher. |
| Late payment charges | 1% of the outstanding balance or RM10. The maximum fee that can be charged is RM100. |
| Card replacement fee | RM50 for every card replaced. |
| Sales Draft retrieval | RM21.20 per copy |
| Copy of monthly statement | RM5.30 per copy |
