Grab a credit card that gives you better rewards & more!
  • loading

    Rewards Credit Cards

    Transform all your expenses into a huge pile of points with a rewards credit card. Below is a list of some of the best rewards cards in Malaysia. Compare your options and apply for the right one!

    We found 17 Rewards Credit Cards
    Card
    1st Year Fee
    Rewards
    Joining Perks
    0
    RM500 IKEA Gift Card BBAZAAR EXCLUSIVE DEAL
    What you get
    What you need
    What you'll love
    What you need to consider
    What it costs
    BBazaar Exclusive Deal
    1060
    RM500 IKEA Gift Card BBAZAAR EXCLUSIVE DEAL
    What you get
    What you need
    What you'll love
    What you need to consider
    What it costs
    BBazaar Exclusive Deal
    0
    RM500 IKEA Gift Card BBAZAAR EXCLUSIVE DEAL
    What you get
    What you need
    What you'll love
    What you need to consider
    What it costs
    BBazaar Exclusive Deal
    0
    RM200 Lazada Voucher or IKEA Gift Card BBAZAAR EXCLUSIVE DEAL
    What you get
    What you need
    What you'll love
    What you need to consider
    What it costs
    BBazaar Exclusive Deal
    0
    RM500 IKEA Gift Card BBAZAAR EXCLUSIVE DEAL
    What you get
    What you need
    What you'll love
    What you need to consider
    What it costs
    BBazaar Exclusive Deal
    0
    RM200 Lazada Voucher or IKEA Gift Card BBAZAAR EXCLUSIVE DEAL
    What you get
    What you need
    What you'll love
    What you need to consider
    What it costs
    BBazaar Exclusive Deal
    0
    RM200 Lazada Voucher or IKEA Gift Card BBAZAAR EXCLUSIVE DEAL
    What you get
    What you need
    What you'll love
    What you need to consider
    What it costs
    BBazaar Exclusive Deal
    0
    RM200 Lazada Voucher or IKEA Gift Card BBAZAAR EXCLUSIVE DEAL
    What you get
    What you need
    What you'll love
    What you need to consider
    What it costs
    BBazaar Exclusive Deal
    636
    What you get
    What you need
    What you'll love
    What you need to consider
    What it costs
    0
    What you get
    What you need
    What you'll love
    What you need to consider
    What it costs
    550
    What you need
    What you'll love
    What you need to consider
    What it costs
    0
    What you need
    What you'll love
    What you need to consider
    What it costs
    0
    What you get
    What you need
    What you'll love
    What you need to consider
    What it costs
    0
    What you get
    What you need
    What you'll love
    What you need to consider
    What it costs
    0
    What you need
    What you'll love
    What you need to consider
    What it costs
    0
    What you get
    What you need
    What you'll love
    What you need to consider
    What it costs
    0
    What you get
    What you need
    What you'll love
    What you need to consider
    What it costs
    Credit Card BYTES FROM OUR KITCHEN

    BBazaar Exclusive Deals for Credit Card

    Gift Card Worth RM200 from either Ikea or Lazada

    *Click Here to Check Terms & Condition

    Ikea voucher worth RM500

    **Click Here to Check Terms & Condition

    Whether you’re indulging in retail therapy at the mall or stocking up on groceries, you get points with a rewards credit card. These cards offer rewards on various categories like dining, petrol, shopping, online, overseas, and more. But those aren’t the only benefits you will enjoy with a rewards credit card. They also introduce you to an array of privileges, discounts, and deals. With the right credit card, you’ll be earning every time you burn.

    Below we have shortlisted some of the rewards credit cards in Malaysia.

    Compare Rewards Credit Cards in Malaysia

    Card Name
    Reward Points Earned
    Rewards Benefit of the Card
    Annual Fee
    Know More

    5x reward points on departmental store purchases, dining, and overseas transactions

    1x reward points on all other retail expenses

    (Reward Points Earned)

    5,000 bonus points every month on a minimum spend of RM1,500 per month

    (Rewards Benefit of the Card)

    Lifetime annual fee waiver

    (Annual Fee)

    3x Timeless Bonus Points on overseas transactions

    2x Timeless Bonus Points on petrol, grocery, and utility expenses

    1x Timeless Bonus Points on all other retail expenses

    (Reward Points Earned)

    Unlimited complimentary access to KLIA Plaza Premium Lounge

    (Rewards Benefit of the Card)

    Principal card: RM438

    Supplementary card: Free for life

    (Annual Fee)

    5x Citi Rewards points for every RM1 spent at participating supermarket or departmental store

    5x Citi Rewards points for every RM1 spent overseas

    (Reward Points Earned)

    Complimentary access to the KLIA Plaza Premium Lounge

    Up to RM50,000 overseas personal accident coverage

    (Rewards Benefit of the Card)

    Annual fee waiver for first three years

    Principal card: RM600

    Supplementary card: RM150

    (Annual Fee)

    8x Reward Points on overseas and online expenses in foreign currencies

    5x Reward Points for expenses at participating local malls and online in local currency

    1x Reward Points for all other retail transactions

    (Reward Points Earned)

    Complimentary access to Plaza Premium Lounges at KLIA, Singapore Changi Airport, and Hong Kong International Airport

    Takaful worldwide coverage available for up to RM750,000

    (Rewards Benefit of the Card)

    Principal card: RM600

    Supplementary card: RM300

    Annual fee is waived if you swipe your card at least once a month for a consecutive 12-month period

    (Annual Fee)

    2x TreatsPoints for every RM1 spent overseas

    1x TreatsPoints for every RM1 spent locally

    (Reward Points Earned)

    1x TreatsPoints on education institutions, insurance, utility, petrol, and 0% EzyPay transactions

    (Rewards Benefit of the Card)

    Principal card: RM550

    Supplementary card: RM150

    (Annual Fee)

    2x Bonus Points for every RM1 spent overseas

    1x Bonus Points for every RM1 spent locally

    (Reward Points Earned)

    Up to RM1 million travel insurance coverage that includes travel inconvenience

    Exclusive access to Plaza Premium lounges in Malaysia twice in the first year

    (Rewards Benefit of the Card)

    Lifetime annual fee waiver

    (Annual Fee)

    6x Reward Points on overseas transactions

    3x Reward Points on dining and weekend expenses

    1x Reward Points on all other retail expenses

    (Reward Points Earned)

    Up to RM1.7 million automatic travel insurance coverage

    Complimentary access to Plaza Premium Lounges in KLIA and KLIA2

    (Rewards Benefit of the Card)

    Principal card: RM400

    Supplementary card: RM200

    (Annual Fee)

    *Sales and Services Tax (SST) of RM25 will be imposed on new cards and upon card renewal.

    Types Of Rewards Programme

    The reward points you accumulate on your card can be redeemed for a number of products and merchandises such as:

    • Air Miles
    • Shopping Vouchers
    • Travel Packages
    • Kitchen Essentials
    • Electronic Gadgets
    • Fuel and Retail Discounts

    How Do Rewards Credit Cards Work?

    Depending on the type of rewards card, you can get points for a wide range of transactions. For instance, you can get reward points on dining, shopping, online, petrol, and other expenses. Let’s take the Standard Chartered Visa Platinum Credit Card as an example. With this card, you can earn points when you shop at department stores, dine at a restaurant, or spend overseas. You get points for all your other retail purchases as well.

    To understand how many points you can earn on each transaction, we’ve broken down its mechanism below. If you spend RM1,500 every month, you can earn the following:

    Spending Category Points Amount Spent Monthly Points Earned
    Dining 5x RM500 2,500
    Department Store 5x RM400 2,000
    Overseas 5x RM100 500
    Others 1x RM500 500
    Total   RM1,500 5,500
    Bonus Points when you spend more than RM1,500 per month   5,000
    Total Points Earned   10,500

    This table gives you a fair idea of how many reward points you can accumulate in a monthly cycle. If you spend RM1,500, you earn 5,500 points (based on the type of transaction) and you get bonus points worth 5,000. You can then redeem these points for gift vouchers, travel essentials, home electronics, and more.

    Why Choose A Rewards Credit Card?

    These cards help you get something in return for spending money on purchases and expenses. This way, you can save money that you otherwise have to spend to purchase products such as household essentials or gadgets.

    Depending on the type of credit card owned, the points earned can even be redeemed for airmiles or cash vouchers.

    Features & Benefits Of Rewards Credit Cards

    • You can cut down on your grocery bills by choosing a card that offers points for grocery shopping.
    • You can use your card to pay utility bills and earn points from it.
    • If you are a frequent traveller, you can cut down the cost of travel by getting a card that allows you to convert your points into air miles.
    • You can redeem your points for travel specific goods such as travel bags or tickets if you love travelling.
    • You can get bonus points when you sign up for a card.

    Reward schemes/cashback/miles

    With a rewards credit card, you will points on an array of transactions. Depending on the type of rewards card you have, you will earn more points in certain categories. For instance, some cards will give you up to 8x reward points on online, overseas, dining expenses.

    These aren’t the only benefits you will enjoy with a rewards card. Most cards offer automatic travel insurance coverage, complimentary access to Plaza Premium Lounges, and other travel-related benefits as well. There are some rewards cards that also give bonus points on a monthly basis or a sign-up bonus.

    Besides this, you will also find some rewards credit cards that have no annual fees, making maintenance a lot more easier.

    Advantages of Rewards Credit Cards

    Rewards cards are designed to give you the best value for every swipe. Let’s say you frequently shop at supermarkets or department stores. Some cards give you a bunch of points whenever you shop at these outlets. The same goes for dining, online shopping, and overseas transactions too.

    Besides the pile of points you can earn on your expenses, there are other benefits. You get complimentary access to airport lounges, automatic travel insurance, and also deals and discounts at outlets in Malaysia. You can always check the bank’s website for the latest promotions to take advantage of the best deals available.

    How Do You Choose the Best Rewards Credit Card?

    Before you pick a rewards card, it’s crucial to know your spending patterns, your monthly budget, and your lifestyle needs. Based on this, you can begin your research for that ideal card. For example, if you frequently spend online or on dining expenses, you should look for cards that reward you the highest points on these particular transactions. This way, you can keep accumulating points easily.

    You should also look for the value you get on each transaction. Look at which cards fetches you the most points on your most frequent transactions.

    Besides the points, you should also see if the card offers you additional benefits. This could mean complimentary travel insurance or access to airport lounges, deals and discounts on shopping and dining, or concierge services.

    Most importantly, check if you’re eligible for the card. Once you know you’re eligible, you can apply for the right card.

    How to Make the Most of Your Rewards Credit Card?

    If your reward points keep piling up in your account, use your credit card for your expenses. Particularly for transactions that gets you the most points. You should also keep a track of the promotions, deals, and discounts offered by the bank. However, it’s important to keep your monthly budget in mind when you’re using your card.

    Lost Card/Overseas Assistance

    If you have lost credit card or someone has stolen it, it’s crucial to inform your bank as soon as possible. You can do this by either contacting customer care or visiting the nearest branch. The bank will then block your card to prevent any fraudulent charges. You will receive a replacement card from your bank shortly after.

    Sometimes, you may face issues with transactions on your credit card when you’re traveling overseas. In such cases, you can contact customer care for assistance with your travel-related queries. Premier card owners have a dedicated hotline they can reach anytime during the day for all doubts and questions.

    Eligibility Criteria

    All rewards credit cards have an eligibility criteria. For instance, all principal cardholders have to be 21 years and above and supplementary cardholders have to be 18 years and above.

    Depending on the type of rewards credit card, there’s an income requirement as well. Let’s check out the income requirement for some of the rewards cards.

    Card Name Minimum Annual Income Requirement
    Standard Chartered Visa Platinum Credit Card RM24,000
    Alliance Bank Platinum Credit Card RM60,000
    Citi Rewards Visa Signature Card RM60,000
    HSBC Visa Signature Card RM72,000
    Maybank Visa Platinum RM60,000
    CIMB Visa Signature RM60,000
    Hong Leong Sutera Platinum Mastercard RM60,000

    Documents Required To Apply For Travel Credit Cards

    While the document requirements are similar for most banks in Malaysia, some requirements change. Below are the basic documents you will have to provide. However, do check the documents the bank needs before submitting it for your credit card application.

    Type of Applicant Documents Required
    Type of Applicant Documents Required
    Employed Professional
    • Photocopy of MyKad
    • Latest EPF statement
    • Latest salary slip
    Self-employed Professional
    • Photocopy of MyKad
    • Latest EPF statement
    • Latest bank statement showing salary credited
    Expat
    • Photocopy of passport and visa
    • Latest salary slip
    • Letter of employment
    • Work permit valid for at least six months

    Promotions

    • Get 15% off food and beverages when you swipe your Hong Leong Credit Card at Q Cup Cafe. This offer cannot be used with any other discounts, privileges, promotions, and loyalty programmes. Promotion is valid from 1 October 2018 to 31 August 2019.
    • Indulge in delectable French food at the PAUL and get 15% off dine-in when you swipe your Maybank Credit Card. This offer is only available on purchases at the Takeaway Kiosk. For dine-in at the Terrace & Restaurant, you have to spend a minimum of RM100. Offer cannot be clubbed with other discounts, promotions, or vouchers. This promotion is valid from 1 July 2018 to 30 June 2019.

    Conclusion

    To get the best value on your expenses, use your rewards credit card for your transactions. If you want to accumulate a ton of points, swipe your card for purchases that get you the most points. You can also use your card to get access to other promotions, privileges, discounts, and deals.

    FAQs

    Q. Will I get complimentary travel insurance on all rewards credit cards?

    A. No. Not every rewards credit card offers travel related benefits. However, cards like Citi Rewards Visa Signature Card and CIMB Visa Signature provide automatic travel insurance. The travel insurance coverage also varies, depending on the card.

    To get automatic travel insurance, you will have to charge the full fare of your airline tickets to your credit card.

    Q. Is there an expiry date for the accumulated reward points?

    A. Yes and no. For instance, Citi Credit Cards have evergreen reward points. This means you can collect and access your points till you have you card. However, the points accumulated on a Maybank Visa Platinum card are only valid for three years. So within that period, you will have to redeem your points for either vouchers or products from the bank’s catalogue.

    Q. What can I redeem my reward points for?

    A. You can redeem your points for an array of things. One of the most common things you can use your reward points for are gift vouchers. Besides this, you can get different types of products from the bank’s catalogue.

    Some rewards cards like the Alliance Bank Platinum Credit Card let you convert your reward points into Enrich Miles or AirAsia BIG Points. These miles can be used for seat upgrades, discounted air tickets, etc.

    Q. Can I settle my annual fees with my reward points?

    A. Yes. However, this depends on which rewards card you have. Some rewards cards give you the option of settling your annual fees with your accumulated reward points. Do note that this is not available on all rewards credit cards.

    Q. Can I check how many reward points I have accumulated?

    A. Yes. The reward points you have earned in a monthly cycle will be reflected on your next credit card statement.

    Q. Are co-branded rewards cards a good option?

    A.Co-branded cards can be great for those who have a preferred brand in mind, whether it’s a hotel chain or a fuel station. Such cards let you earn brand-specific rewards on a fast-track basis so you get to save more on your favorite brands.

    Q. How can I earn more points on my card?

    A. You can earn more points by using one card for all your purchases and transactions. Some cards would increase your points or offers when you spend more in a specific category such as utilities or groceries. You can use such cards to meet your monthly needs and earn more points.

    Q. Would I lose my points if I do not pay my card dues on time?

    A. Yes. If you do not pay card bills on time, you may not earn any points or your accumulated points may be revoked. You can enjoy the rewards only when you do not default on your card bills.

    Q. Is there a maximum number of points that I can earn on my card?

    A. That depends on the card that you choose to sign up for. Some banks have a cap on the number of points on a daily or a monthly basis. Some may impose specific terms such as a minimum spending amount to earn points. You can take a look at the terms and conditions of a card before you decide to sign up.

    Q. Can I earn points on all purchases made on my card?

    A. It would differ from card to card. Most banks allow you to earn points only on specific categories such as groceries or petrol. Some banks allow you to earn points on all purchases, but at a lower rate.

    Q. Is there any fee charged for redeeming reward points?

    A. Redemption fees charged depend on the type of card one has signed up for. Most banks charge a redemption fee when converting reward points into air miles or cashback.

    *Terms & Condition to get Gift Card Worth RM200 from Lazada or Ikea

    Apply for your new credit card through BBazaar and stand a chance to win a gift voucher on approval. You can get a gift card worth RM200 from either Ikea or Lazada. The offer is valid on credit card applications made between 19 December 2018 and 31 January 2019, and applies to any of the following cards.

    Alliance Bank Credit Cards Citibank Credit Cards Standard Chartered Credit Cards
    • Alliance Bank You:nique Rebate Credit Card
    • Alliance Bank You:nique Rewards Credit Card
    • Alliance Bank You:nique Rates Credit Card
    • Citi Cash Back Card
    • Citi Clear Card
    • Citi Simplicity+ Card
    • Shell-Citi Credit Card
    • Standard Chartered JustOne Platinum MasterCard
    • Standard Chartered Visa Platinum
    • Standard Chartered Platinum MasterCard Basic
     

    **Terms & Condition to Win an Ikea Voucher Worth RM500

    Win an Ikea voucher worth RM500 when you apply and get approval for a new credit card through BBazaar. The exclusive deal is valid from 19 December 2018 to 31 January 2019, and is applicable when you apply for any of the following credit cards.

    Alliance Bank Credit Cards Citibank Credit Cards Standard Chartered Credit Cards
    • lliance Bank Visa Infinite Credit Card
    • Alliance Bank Platinum Credit Card
    • Citi Prestige Card
    • Citi PremierMiles Visa Card
    • Citi Cash Back Platinum Card
    • Citi Rewards Visa Signature Card
    • Standard Chartered Priority Banking Visa Infinite Credit Card
    • Standard Chartered WorldMiles World MasterCard
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.