Hong Leong Platinum Visa by Hong Leong Bank

Product Highlights

RM 300,000 Credit Limit

Enjoy a high credit limit of RM 300,000 which gives you the financial flexibility you need

Platinum Travel Privileges

Complimentary Travel Insurance and Travel Inconvenience Coverage and Retail Purchase Protection Coverage. Just charge your holiday tickets to your credit card and enjoy complimentary coverage

Features

Cash Back

Cash Back Category	Cash Back Rate	Monthly Cap	Spend
All Retail	0.2%	RM50	from RM10,000 up to RM25,000 monthly
All Retail	0.5%	RM250	from RM25,001 up to RM50,000 monthly
All Retail	2%	Uncapped	from RM50,000 and above monthly

Spend is calculated based on carried over card balance for the month.

Hong Leong Flexi Payment Plan

Pay Over	With Interest Rate At	When You Spend
6 months	8.99% p.a. and no one-time upfront handling fee	from RM500
12 months	8.99% p.a. and no one-time upfront handling fee	from RM1000
18 months	8.99% p.a. and no one-time upfront handling fee	from RM1000
24 months	8.99% p.a. and no one-time upfront handling fee	from RM2000
36 months	8.99% p.a. and no one-time upfront handling fee	from RM2000

Purchases at merchants that are not part of the Hong Leong Extended Payment Plan fall under the Hong Leong Flexi Payment Plan instead.

Hong Leong Extended Payment Plan

Pay Over	With Interest Rate At	When You Spend
3 months	0% p.a. and no one-time upfront handling fee	from RM500
6 months	0% p.a. and no one-time upfront handling fee	from RM500
12 months	0% p.a. and no one-time upfront handling fee	from RM500
18 months	0% p.a. and no one-time upfront handling fee	from RM500
24 months	0% p.a. and no one-time upfront handling fee	from RM500
36 months	0% p.a. and no one-time upfront handling fee	from RM500

Pay for big purchases in instalments with zero interest!
Payment terms of up to 36 months at participating merchants.

Balance Transfer

Pay Over	With Interest Rate At	When You Transfer
6 Months	6.99% p.a. and no one-time upfront from handling fee	from RM1000
12 Months	6.99% p.a. and no one-time from upfront handling fee	from RM1000

Minimum balance transfer of RM1,000 required

Rewards

Earn	Spent
1 points on every RM1.	on all local and overseas expenditure

Does not apply to petrol expenses.
Your Hong Leong Reward points expire in 3 years.

Fees and Charges

Annual fee	RM424.
Annual Fee for Supplementary Card	First supplementary card is free. Subsequent cards cost RM200 per annum.
Mininum monthly payment	RM50 or 5% of outstanding amount
Late payment fee	RM10 or 1% of outstanding amount, up to maximum of RM100
Cash withdrawal fee	RM21.20 or 5.30% of withdrawn amount, whichever is higher
Interest rate on cash withdrawals	9.88%

*inclusive of 6% GST

Interest Rate

15% Interest Rate Per Annum	Tier 1: Cardholders with prompt payments for 12 consecutive months
17% Interest Rate Per Annum	Tier 2: Cardholders with prompt payments for 10 months or more in last 12 months.
18% Interest Rate Per Annum	Tier 3: Cardholders who do not fall under the above categories.

Requirements

Minimum Annual Income	RM 60,000
Minimum Age For Primary Card	21 years old
Minimum Age For Supplementary Card	18 years old