• loading

    We found 1 HSBC Amanah Credit Card
    Card
    1st Year Fee
    Rewards
    Joining Perks
    254.4
    What you need
    What you'll love
    What you need to consider
    What it costs
     Loading your search... Loading your search...
    Close

    Compare, check your eligibility and apply for credit cards online.

  • Credit Card BYTES FROM OUR KITCHEN

    HSBC Amanah Credit Card

    With a history in Malaysia dating back to 1884, it was only a century later when HSBC began offering Islamic banking services in Malaysia. Since then, HSBC has grown its offerings and portfolio to be one of the leading Islamic banking providers across the globe. HSBC Amanah Malaysia Berhad is a wholly owned subsidiary of HSBC and offers a comprehensive and innovative suite of Islamic banking catering to both, consumer and commercial banking. Among the consumer banking products, its line-up of credit cards are a popular and sought after choice among its customers. The features of the card are as follows.

    Why Choose HSBC Amanah Credit Cards

    The cards are Shariah compliant and offer cardholders perks such as complimentary travel insurance when purchasing airfare solely using the card, a balance transfer plan that allows cardholders to transfer outstanding dues accrued on other bank credit cards onto their HSBC Amanah credit card and pay it off at a lower rate of interest and also offers access passes to select airport lounges. The HSBC Amanah credit cards offer lower profit rates for cardholders who maintain a good payment record. The MPower Platinum card also offers higher cashback on specific expenses charged to the card such as groceries or petrol and a flat rate of cashback for all other charges.

    Features and benefits of HSBC Amanah Credit Cards

    The following are the various features and benefits of HSBC Amanah credit cards:

    • The cards are Shariah-compliant.
    • The profit rates offered start at 15% p.a. for cardholders who maintain a good payment record.
    • The Premier World MasterCard Credit Card-i offers lounge privileges which provide cardholders with complimentary visits to Plaza Premium Lounges in KLIA.
    • The Premier World MasterCard Credit Card-i earns cashback at a flat rate of 1% for all expenses charged to the card.
    • Cardholders can get a free travel insurance policy with a cover of RM750,000 when they purchase airfare solely using the Premier World MasterCard Credit Card-i.
    • Cardholders get access to the Smart Privileges program which provides them with access to deals and discounts at over 6,500 select merchant outlets across Malaysia.
    • Cardholders get access to the Home & Away Programme which gives them year-long access to deals and discounts on shopping and dining across the globe.
    • Cardholders can get periodic deals and promotional offers through MasterCard Moments or Visa Privileges.
    • Supplementary cardholders will also receive the same level of assistance and support given to principal cardholders.
    • The cards have a 20 days interest-free period.
    • The cards are equipped with a balance transfer plan that allows cardholders to effectively manage outstanding credit card dues accrued on other bank credit cards.

    Types of Credit Cards offered by HSBC Amanah

    The following are the various types of credit cards offered by HSBC Amanah:

    1. HSBC Amanah Premier World MasterCard Credit Card-i: This card is an exclusive credit card offered to HSBC Premier Customers. The card makes for an ideal travel card as it offers a complimentary travel insurance worth RM750,000 when the cardholder purchases airfare solely using the card. The cardholder gets complimentary access passes to Plaza Premium airport lounges across Malaysia, Singapore, and Hong Kong airports. The card offers Uber credits worth S$80 when the cardholder charges a minimum of RM2,500 on flight tickets to the card. Cardholders get access to the Home & Away Programme which gives them a year-long access to deals and discounts on dining and shopping across the globe. The card also offers complimentary Wi-Fi access at select hotspots across the globe through Boingo.
    2. HSBC Amanah MPower Platinum Credit Card-i: The MPower Platinum card is a cashback card that earns higher rates of cashback on specific expenses allowing for greater savings. The card offers a lower profit rate for cardholders with good payment records. The card earns a cashback of up to 8% on groceries and petrol and for all other expenses charged to the card, it earns a cashback of 0.2%. Cardholders also get access to the HSBC Smart Privileges programme wherein they get deals and discounts at over 6,500 select merchant outlets across Malaysia. The card is also equipped with a balance transfer plan which allows cardholders to transfer credit card dues accrued on other bank credit cards onto their HSBC Amanah card and pay it off at a lower rate of interest.
    3. HSBC Amanah MPower Credit Card-i: The HSBC Amanah MPower Credit Card-i is a card designed for everyday use. The card offers a range of benefits that provide cardholders with convenience and flexibility. The card comes with a low profit rate of 15% p.a. for cardholders who make prompt minimum monthly payments. The card offers value added financial services such as an emergency cash advance system and a balance transfer plan that allows them to manage credit card dues accrued on other bank credit cards with ease. The cardholder can consolidate their various utility bills into one payment date and have it automatically charged to their credit card through the Auto Bill Payment facility. The card also has internet banking, phone banking, e-statements and SMS alerts facility.

    Eligibility Criteria to avail HSBC Amanah Credit Card

    If interested applicants wish to get a HSBC Amanah Credit Card, they must meet the following eligibility requirements:

    • The minimum age requirement to hold a principal credit card is 21 years.
    • The minimum age requirement to hold a supplementary credit card is 18 years.

    The minimum annual requirement will be as follows:

    • HSBC Amanah Premier World MasterCard Credit Card-i – Open to HSBC Premier account holders who hold a minimum of RM200,000 in total relationship balance with HSBC Amanah
    • HSBC Amanah MPower Platinum Credit Card-i – RM36,000
    • HSBC Amanah MPower Credit Card-i – RM36,000

    Documents Requirements to apply for HSBC Amanah Credit Cards

    Cardholders are required to submit the following documents when submitting the duly filled application form:

    Salaried applicants:

    • A copy of both sides of the applicant’s MyKad
    • Utility bill if residential address is different than what’s mentioned on MyKad
    • Latest salary slip
    • Latest EA Form or
    • Latest EPF statement or
    • Latest Form BE with tax receipt

    Self-employed applicants:

    • A copy of both sides of the applicant’s MyKad
    • Utility bill if residential address is different than what’s mentioned on MyKad
    • Copy of business registration certificate (business should have operations established for a minimum of 2 years)
    • Latest Form B with tax receipt
    • Bank statements for most recent 6 months

    Foreign applicants:

    • Copy of passport and valid work permit
    • Latest salary slip
    • Confirmation letter from employer

    HSBC Amanah Credit Card Promotions

    The HSBC Amanah credit cards serve more than just a convenient mode of payment. The cards offer a host of benefits ranging from value added services to cashback on expenses charged to the card. Apart from the benefits that come along with each of these credit cards, HSBC Amanah also offer cardholders access to periodic promotional offers.

    These offers range from discounts at select merchant outlets to value added perks and bonuses on specific expenses charged to the card. Some of the promotions on offer include gift vouchers to select retail merchants, offers on air miles, discounts on select services, preferential rates on select plans, and periodic lucky draws among other exciting perks.

    HSBC Amanah Balance Transfer

    • The HSBC Amanah credit cards come with a balance transfer plan that helps cardholders with easy and effective management of outstanding credit card dues accumulated on other bank credit cards. The plan allows cardholders to transfer the dues on other bank cards onto their HSBC Amanah credit card and pay off the transferred amount at a lower rate of interest.
    • The lowered interest rates help cardholders to pay the balance faster as well as save a lot of money that would have otherwise been spent servicing the normal rates of interest a credit card charges.
    • HSBC Amanah credit cards offer 3 main types of balance transfer plans with an additional plan catering to new HSBC Amanah cardholders. Plan ‘A’ charges a one-time upfront management fee of 3% and a 0% interest for a tenure of 5 months. Plan ‘B’ charges an interest rate of 0.58% per month for a tenure of 12 months and Plan ‘C’ charges an interest rate of 0.42% per month for a tenure of 6 months. New cardholders can get an additional plan which provides a tenure of 6 months with a 0% interest rate and an upfront management fee of 1.99%.

    Fees and Charges

    The following are the fees and charges applicable to the credit cards:

    Annual fees – Principal cards

    HSBC Amanah Premier World MasterCard Credit Card-i – Waived

    HSBC Amanah MPower Platinum Credit Card-i – RM254.40

    HSBC Amanah MPower Credit Card-i – RM95.40

    Annual fees – Supplementary cards

    HSBC Amanah Premier World MasterCard Credit Card-i – Waived

    HSBC Amanah MPower Platinum Credit Card-i – RM147.20

    HSBC Amanah MPower Credit Card-i – RM47.70

    Finance charge on retail transactions

    15% p.a. for Tier 1 cardholders

    17% p.a. for Tier 2 cardholders

    18% p.a. for Tier 3 cardholders

    Finance charge on cash advance 18% p.a.
    Cash advance fee A fee of RM53 is charged for every RM1,000 withdrawn
    Late payment charge A minimum of RM10 or 1% of the outstanding amount subject to a maximum fee of RM100
    Minimum monthly repayment The higher of RM50 or 5% of the outstanding balance
    Interest-free period 20 days
    Additional statement fee

    RM2.12 per page for statements that are 12 months old or less

    For statements older than 12 months, a fee of RM21.20 plus RM2.12 per page

    Sales draft retrieval fee RM21.20 per copy
    Card replacement fee RM50 for every replacement
    Conversion for overseas transaction Overseas transactions carried out in any other currency is converted into Malaysian Ringgit using exchange rate determined by Visa/MasterCard International. The transaction has a fee of 1% of the converted amount imposed on it by Visa/MasterCard international

    How to apply for a HSBC Amanah Credit Card?

    • Applicants can apply for a HSBC Amanah Credit Card through the following ways:
    • Applicants can find and download the application form for the desired credit card on the HSBC website. The duly filled application form must be submitted along with the required supporting documents.
    • Applicants can also visit their nearest HSBC Amanah branch and proceed to apply for the desired credit card.

    How to increase HSBC Amanah Credit Card limit?

    • While the HSBC Amanah credit cards come with a credit limit that is predetermined at the time of card approval, a cardholder might find themselves in need of extra credit when an emergency expense arises. This could prove especially daunting when an existing credit card is almost reaching its credit limit. The HSBC Amanah cardholders can opt to have their credit limit increased as and when their income increases.
    • The limit can be increased by downloading the credit limit increase application form available on the HSBC Amanah website. Cardholders must submit the duly filled application form along with necessary income documents which include latest payslips, most recent EA Form, bank statements, business registration certificates (if applicable), most recent EPF statements and any other documents the bank might deem necessary.
    • Cardholders can submit the form with the supporting documents at their nearest HSBC Amanah branch or call 603 2059 9333 to initiate the application process.

    HSBC Amanah Credit Card Customer Care / Hotline Number

    The customer hot line numbers for HSBC Amanah are as follows:

    • Customers who wish to seek assistance related to HSBC Amanah Banking and MPower Credit Card-i enquiries can call on 1300 80 2626 (local calls) or 603 8321 5200 (for overseas calls) between 7:30 A.M. and 9:30 P.M.
    • To report a lost or stolen card, customers can call on 1300 80 2626 (local calls) or 603 8321 5200 (overseas calls). These lines are open 24 hours a day.

    HSBC Amanah Credit Card FAQs

    Q. How are the profit rates offered to cardholders?

    A. Cardholders are categorised into different tiers based on their payment record. Those cardholders who make prompt minimum monthly payments on or before due date for 12 consecutive months in a 12-month period are called Tier 1 cardholders and are given the least profit rate of 15% p.a. Cardholders who make minimum monthly payments on or before due date for 10 consecutive months in a 12-month period are Tier 2 cardholders who receive a profit rate of 17% p.a. and cardholders who do not belong to either of the above 2 categories are Tier 3 cardholders who are charged the highest profit rate of 18% p.a.

    Q. Are there any minimum requirements on the balance transfer plan?

    A. Yes. Cardholders must transfer a minimum amount of RM1,000 under a balance transfer plan. The maximum amount that can be transferred under this plan is equal to 95% of the available credit limit of the cardholder.

    Q. What petrol stations qualify for the cashback on the MPower Platinum credit card-i?

    A. The card earns an 8% cashback on petrol expenses incurred at Shell, Petronas, or Caltex fuel stations.

    Q. Is there any minimum spend requirement for the 8% cashback?

    A. Yes. Cardholders must have their total monthly expenses charged to the card exceed RM2,000 in order to qualify for the 8% cashback. The cashback earned is also capped to RM50 per month.

    Q. How long does it take to have the credit limit increased?

    A. Credit limit increase applications take a total processing time of 5 to 7 business days. Cardholders will be notified of the application status via SMS. If the application has been approved, the cardholder will get a notification and the increased credit limit will be reflected in the next card statement.

    Q. How long does it take to have the credit limit on the cards successfully increased?

    A. Provided the cardholder has submitted the required documents and has sufficient income and a good payment record, the application may take anywhere between 5 to 7 working days to get processed. Cardholders will be notified of the application status via SMS.

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