RHB Bank offers a number of credit cards out of which 3 cards are suitable for students or individuals who have just graduated or have taken up a job. These credit cards have the lowest possible annual income requirement. Therefore, these cards are affordable for those who have just started their career.
|Total Amount Spent/Month||Cashback|
|Petrol||Grocery||Online Purchases||Utility Bill Payment||Other Spends|
|RM2,501 or more||5%||5%||5%||5%||0.2%|
Consider that you have spent a total of RM1,800 in a particular month. Say, you have spent RM300 on petrol, RM800 on grocery, RM200 on online purchases, RM400 on utility bills, and RM100 on other spends.
The card offers 2% cashback on petrol, grocery, online purchases, and utility bill payments since your total spend of the month falls in the second category i.e. between RM1,501 and RM2,500. Therefore, you will earn RM6 on petrol transactions, RM10 on grocery purchases, RM4 on online purchases, RM8 on utility bill payments, and RM2 on other spends.
|Spend Category||Spent Amount||Cashback Offered||Cashback Earned|
|Petrol||RM300||2% of RM300 = RM6||RM 6|
|Grocery||RM800||2% of RM800 = RM16 (Capped at RM10)||RM10|
|Online Purchases||RM200||2% of RM200 = RM4||RM4|
|Utility Bills||RM400||2% of RM400 = RM8||RM8|
|Other Spends||RM100||2% of RM100 = RM2||RM2|
|Amount Spent/Month||Cashback on SOGO KL Spend|
|RM500 or less||1%|
|RM1,000 or more||5%|
The card gives cashback when you spend with the card at SOGO KL Department Store and Supermarket. The cashback varies based on the amount spent. If you have spent a total of RM1,500 at the store and supermarket, then you will be eligible to earn 5% cashback i.e. RM75. However, the cashback is capped at RM50 per month per customer. So, you can get a cashback of RM50 for your spend.
When it comes to earning reward points, you will get 1 SOGO Reward Point on every RM1 you spend at SOGO Store and 1 SOGO Reward Point on every RM2 you spend at SOGO Supermarket and any other stores.
Out of the RM1,500 you have spent during the month, consider that you have spent RM750 at the SOGO Store and RM800 at the SOGO Supermarket. You will earn 750 SOGO Reward Points and 400 SOGO Reward Points respectively. A total of 1150 points will be credited to you.
|Spend Category||Amount Spent||Cashback Earned||SOGO Reward Points Earned|
|SOGO Store||RM750||5% of RM1,500 = RM75 ~ RM50 (Capped at RM50)||750|
|SOGO Supermarket and others||RM800||400|
|Spend Category||RHB Reward Points Earned|
|Spend Category||RHB Reward Points Earned|
Consider that you have spent RM400 via MyEG services and RM800 on other transactions. The card offers 5x reward points on the amount spent using MyEG services and all other transactions get 1x reward points.
So, you are eligible to earn 5x RM400 i.e. 2,000 RHB Reward Points and 1x RM800 i.e. 800 RHB Reward Points. So, you will earn a total of 2,800 RHB Reward Points.
|Spend Category||Spent Amount||Reward Points Programme||Reward Points Earned|
|MyEG services||RM400||5x RM400 = 2,000||2,000|
|Other Spends||RM800||1x RM800 = 800||800|
|Fees and Charges/Card Name||RHB Smart Value Card||SOGO-RHB Credit Card||MyEG-RHB Credit Card|
|Annual Fee (Principal Card)||RM70.||RM88.||RM88.|
|Annual Fee (Supplementary Card)||Waived.||Waived.||Waived.|
|Finance Charges||15% p.a. to 18% p.a.|
|Minimum Monthly Payment||A minimum of RM50 or 5% of the outstanding balance, whichever is higher.|
|Late Payment Fee||RM10 or 1% of the outstanding balance, whichever is higher. The fee is capped at RM100.|
|Cash Advance Fee||A minimum of RM15 or 5% of the withdrawn amount.|
|Minimum Age Criterion (Principal Cardholder)||21 years.|
|Minimum Age Criterion (Supplementary Cardholder)||18 years.|
|Minimum Annual Income Criterion||RHB Smart Value Card: RM24,000.|
|SOGO-RHB Credit Card: RM24,000.|
|MyEG-RHB Credit Card: RM24,000.|
|Offline Method 1||
|Offline Method 2||
All the 3 cards offered by RHB Bank requires you to have some form of income source. Even if you are a student, you must have a part-time job to make the payments. You must also satisfy the minimum age criterion to qualify for the card.
Q. What happens if I spend more than the available credit limit?
A. You will be charged an over limit fee of RM50 when the total outstanding balance exceeds the available credit limit.
Q. What is the minimum credit limit available?
A. You can get a minimum credit limit of RM4,000.
Q. Is there a cap on the cashback when I spend with the RHB Smart Value Card?
A. Yes. There is a cap of RM10/month on the cashback you can earn when you spend on petrol, groceries, online purchases, and utility bill payments. On all other transactions, you will get unlimited cashback.
Q. Should I pay a joining fee to use any of the cards?
A. No. The bank does not demand a joining fee for any of the cards.
Q. How long does the application approval process take?
A. The bank may take about 5 working days to notify you if your application has been approved. Once you submit the required documentation, the bank verifies the facts, decides on approval, and then notifies you of the decision via post.