Bank Rakyat Classic Credit Card-i

Apply for Bank Rakyat Classic Credit Card-i by Bank Rakyat

Enjoy free Takaful protection and Cash-Convertible Rakyat Rewards with this Shariah-compliant card!

Bank Rakyat Classic Credit Card-i
Apply

Product Highlights

Reward
Reward Points Convertible to Cash

Earn reward points at a rate of 1 point for every RM10 spent. You can also choose to convert your points into cash at a rate of RM0.1 for every 10 points!

Protection
Free Takaful Family Protection

Enjoy free Takaful travel protection, protection on outstanding balance and free Takaful benevolence expenses of RM 1,000

Lowinterest
Low Profit Rate

Enjoy a low profit rate of 13.5% with the Bank Rakyat Credit Card-i!

Features

Rewards

Local rewards
Earn Spent In
1 Rakyat Reward Point Per RM 10 All expenses
  • Your Rakyat Reward Points never expire!
  • Convert Rakyat Rewards Points into cash. 10 points = RM 0.10.

Bank Rakyat Credit Card I Balance Transfer

Balance transfer
Pay Over With Interest Rate At
3 Months 3% p.a.
4th Months Onwards 13.5% p.a.

Fees and Charges

Annual Fee For Primary Card Free
Annual Fee For Supplementary Card Free
Minimum Monthly Payment RM 50 or 5% of the outstanding amount, whichever is higher
Late Payment Fee RM 10 or 1% of the outstanding amount, whichever is higher subject to a maximum of RM 100
Cash Withdrawal Fee RM 21.20 or 3% of the withdrawn amount depending on the amount for every transaction
Profit Rate On Cash Withdrawal 18% p.a.

Interest Rate

Tiers Criteria Profit Rate Per Annum
Tier 1: Minimum payment received before or on Payment Due Date for 9 consecutive months. Non-Member of Bank Rakyat Shares 13.5%
Member of Bank Rakyat Shares 13.0%
Tier 2: Minimum payment received before or on Payment Due Date for 6 months or more within 9 months. Non-Member of Bank Rakyat Shares 17.0%
Member of Bank Rakyat Shares 15.5%
Tier 3: Cardmembers who do not fall within the above categories Non-Member of Bank Rakyat Shares 18.0%
Member of Bank Rakyat Shares 17.0%

Requirements

Minimum Annual Income RM 36,000
Minimum Age For Primary Card 21 years old
Minimum Age For Supplementary Card 18 years old
Who Can Apply Anyone