Mach Credit Card is one of the two credit cards offered by Mach by Hong Leong Bank. The card comes with 4 packages for you to choose the ones suitable to your lifestyle. Among the available options, the Social Package gives rebates when you spend on the entertainment category, including movies, nightlife, music, and other related events. Read the article to know more about the percentage of cash rebates you can earn when you spend on entertainment.
|Spend Category||Cash Rebate Earned||Annual Fee|
|Movies||10%||Principal Card: RM160. Supplementary Card: RM80.|
|Music and Events||3%|
|All Other Categories||0.2%|
Consider that you have chosen the Social Package where you get a cash rebate on movies, nightlife, music, and other events. Say, you have also subscribed for the dining category. So, all the other spends you make are considered to give you a cash rebate of 0.2%.
Consider that you have spent RM50 on movies, RM150 on nightlife, RM100 on music and events, RM150 on dining, and RM400 on other transactions. You will be eligible to get a cash rebate of 10% on movie spend i.e. RM5, 2% of the money spent on nightlife i.e. RM3, 3% of the money spent on music i.e. RM3, 5% of the amount spent on dining i.e. RM7.5, and 0.2% of the amount spent on all other categories i.e. RM0.8. You will earn a total cash rebate of RM19 after rounding down to the nearest ringgit.
|Spend Category||Spent Amount/Month||Cash Rebate Programme||Cash Rebate Earned|
|Movies||RM50||10% of RM50 = RM5||RM5|
|Nightlife||RM150||2% of RM150 = RM3||RM3|
|Music and Events||RM100||3% of RM100 = RM3||RM3|
|Dining (Add-on Category)||RM150||5% of RM150 = RM7.5||RM7.5|
|All Other Spends||RM400||0.2% of RM400 = RM0.8||RM0.8|
|Annual Fee (Principal Card)||RM160.|
|Annual Fee (Supplementary Card)||RM80.|
|Finance Charges||From 15% p.a. to 18% p.a.|
|Minimum Monthly Payment||5% of the outstanding balance or RM50, whichever is higher.|
|Late Payment Fee||1% of the outstanding balance or RM10, whichever is higher.|
|Cash Advance Fee||5% of the amount withdrawn or a minimum of RM20, whichever is higher.|
|Cash Advance Interest Rate||18% p.a. of the outstanding balance.|
|Minimum Age Criterion (Principal Card)||21 years.|
|Minimum Age Criterion (Supplementary Card)||18 years.|
|Minimum Annual Income||RM24,000.|
|Online Application 1||
|Online Application 2||
The Mach Credit Card rewards you with a reasonable cash rebate when you spend on entertainment. Now, you can watch your favourite movies and enjoy those musical concerts of your choice at a lower ticket fare with the card. Make sure to read the fine print of the card before signing up!
Q. Can I subscribe for a category of rewards of my choice out of the selected package?
A. Yes. You can choose to subscribe for a spend category out of your package to earn rewards.
Q. Should I pay any fee to subscribe for an extra category?
A. Yes. You have to pay a fee of RM5 per add-on category per quarter.
Q. Do I get a cash rebate only when I spend at the participating merchant outlets?
A. No. You can spend with the card at any merchant outlets that are listed under the specified merchant category code to receive cash rebates.
Q. What is the maximum cash rebate offered?
A. You can earn a cash rebate of up to RM100 per quarter per selected category. On all other category spends, you can earn a maximum of RM50 per month.
Q. Do I get any other benefits apart from the cash rebate?
A. No. The card only offers a cash rebate. No other benefits are offered when you spend using the card.
Q. What is the minimum available credit limit?
A. Get a minimum credit limit of RM2,000 on the Mach Credit Card.
Q. Is there a minimum cash rebate that has to be earned to get the rebate credited?
A. Yes. You have to earn a minimum cash rebate of RM1 to get the money credited in your account.