Compare Premium Credit Cards in Malaysia
Best Credit Cards for a Premium Lifestyle
With a premium credit card, you can live like a king! Enjoy VIP benefits for travel, dining, and shopping, as well as premium rewards that only premium credit card holders can get!
RHB World MasterCard
Enjoy up to 6% Cash Back whenever you travel, fill petrol and dine. Enjoy the World wherever you are, local or overseas.
RHB Visa Infinite Credit Card
Earn 5X Reward Points when you spend overseas, enjoy complimentary green fee on golfing and experience travel comfort reserved only for the elite. Discover a world of Infinite possibilities unlike ...
AFFINBANK World MasterCard
AFFINBANK brings to you a "World of Privileges and Payment Convenience". Enjoy numerous privileges and benefits by carrying AFFINBANK World MasterCard.
Alliance Visa Infinite Card
Get Timeless Bonus Points that let you redeem free flights and holidays faster than any other card!
Alliance Bank MasterCard Platinum
Earn up to 3X Timeless Bonus Points that you can use to get exclusive deals and privileges when you shop, or you can even use them to redeem free flights!
Alliance Bank Visa Gold Card
Earn up to 2X Timeless Bonus Points that you can use to get excellent shopping discounts, or to redeem for free flights!
Alliance Bank MasterCard Gold Card
Earn up to 2X Timeless Bonus Points that you can use to get excellent shopping discounts, or to redeem for free flights!
Alliance Bank Visa Classic Card
Earn up to 1X Timeless Bonus Points that you can use to get excellent shopping discounts, or to redeem for free flights!
Alliance Bank MasterCard Classic
Earn up to 1X Timeless Bonus Points that can be exchanged for excellent rewards, shopping deals, or to get free flights!
Alliance Bank You:nique Rebates Credit Card
Customize your credit card with any image of your choice, and enjoy up to 3% unlimited cash back too!
Alliance Bank You:nique Rates Credit Card
Customize your credit card with any image of your choice, and enjoy great savings with a low interest rate of 9% p.a.!
Alliance Bank You:nique Rewards Credit Card
Customize your credit card with any image of your choice, and earn up to 2X Timeless Bonus Points for all retail spending!
AmBank World MasterCard
A world class card for globe-trotting travellers. Fast track your frequent flyer miles and get 5X reward points for your spending!
AmBank M-Platinum MasterCard
Earn up to 2X BonusLink Points whenever you shop, and ladies cardmembers get exclusive privileges like free health checkups, car assistance, and wallet guard coverage too!
AmBank Islamic World MasterCard-i
A world class Islamic card that's suitable for frequent travelers. Fast-track your frequent flyer miles and get 5X reward points for all your spending!
AmBank Islamic Visa Infinite Card-i
Enjoy exclusive privileges and redeem free flights with your AmBank Reward Points with this Islamic card from AmBank
AmBank Islamic Visa Signature Card-i
An excellent Islamic card with a variety of benefits. Dine, shop, or travel like a boss with up to 3X AmBank points for retail purchases!
CIMB World MasterCard
Earn up to 2X Bonus Points and enjoy exclusive World MasterCard benefits
CIMB Preferred Visa Infinite
Exclusively for CIMB Preferred members only. Enjoy priority banking services, preferential foreign exchange rates, and bonus points when you spend!
Hong Leong Visa Infinite P
An invitation only card for only the most exclusive clientele. Live life in the fast lane with the Hong Leong Visa Infinite P!
Hong Leong Platinum Business MasterCard
The perfect card for a business-owner - manage your cash flow at a lower cost and enjoy a wide range of Platinum Business privileges too
Hong Leong ACCCIM Visa Credit Card
Being an ACCCIM member gives you more than just the exclusive privilege of its full resources and assistance for your business. It also ensures you distinct recognition and success.
Hong Leong GSC Platinum Visa
Are you a movie buff? Enjoy 50% off ticket purchases of up to RM100, access to the GSC priority ticketing lane, and discounts on refreshments too!
Hong Leong GSC Gold Visa
Are you a movie buff? Enjoy 50% off ticket purchases of up to RM60, access to the GSC priority ticketing lane, and discounts on refreshments too!
Hong Leong I'm MasterCard
Your life, your card. You can personalize this card any way you want and what's more, the annual fee is waived for life!
ICBC UnionPay Dual Currency Platinum
With this card, you can spend in Renminbi or Ringgit without worry! Suitable for you if you are a Malaysian who often travels to or resides in China for long periods of time
ICBC UnionPay Dual Currency Gold
With this card you can make payments in China in Renminbi and payments outside of China in Ringgit Malaysia, so you don't have to worry so much about exchange rates
ICBC UnionPay Dual Currency Classic
Unionpay Dual Currency allows payments in China to be made in Renminbi and payments outside of China to be made in Ringgit, giving you peace of mind regarding exchange rates
ICBC Visa Platinum
This card from ICBC is suitable for you if you are a Malaysian who often travels to or resides in China for long periods of time
ICBC Visa Gold
A global card from ICBC, this card is suitable for Malaysians that often travel to or reside in China.
ICBC Visa Classic
A global card from ICBC, earn reward points as you spend and travel with peace of mind!
Maybank Visa Infinite
Get 10,000 TreatsPoints FREE upon activation! Earn 5X Treatspoints and enjoy excellent golfing and travel privileges too!
Maybank Islamic Ikhwan Visa Infinite Card-i
With this Islamic card from Maybank, you can earn 5X Treatspoints and enjoy excellent golfing and travel privileges too! On top of that, you'll receive 10,000 TreatsPoints absolutely FREE upon acti...
Maybank Manchester United Visa Infinite
Are you a Red Devil? Earn 5X Reward Points and support your club at the same time! Get 10,000 TreatsPoints absolutely free upon activation
Maybank World MasterCard
Get 50,000 airmiles for free with card activation! Earn Treats Airmile and enjoy great golfing and Hilton hotel privileges worldwide,
Maybank MasterCard Platinum
A distinctive card for those seeking exceptional service and worldwide recognition. Earn 2X TreatsPoints and enjoy exclusive Platinum Privileges!
Maybank Visa Platinum
A distinctive Visa card for those seeking exceptional service and worldwide recognition. Earn 2X TreatsPoints and enjoy exclusive Platinum Privileges!
Maybank Islamic Ikhwan American Express Gold Card-i
Augment your spending with this Islamic card. Earn up to 2X TreatsPoints that you can use to redeem amazing gifts and rewards!
Maybank MasterCard Gold
A card with better privileges and a higher credit limit, Enjoy great travel, dining, and shopping privileges!
Public Bank Visa Business Card
The best support for your business. This card is suitable for business expansion and tailored for company to manage business cash flow
Mutual Gold-Public Bank Visa Platinum
An invitation-only card for Mutual Gold and Mutual Gold Elite members of Public Mutual. Enjoy up to 1.0% cash back on retail purchases & an additional 0.3% Mutual Gold Cash Bonus on your birthday!
Public Islamic Bank MasterCard Platinum Credit Card-i
Earn as much as 1% unlimited Hibah Performance Bonus for every Ringgit charged. On top of that, you'll get free RM1 Million automatic travel insurance coverage too!
Public Islamic Bank Visa Platinum Credit Card-i
Earn up to 1% unlimited Hibah Performance Bonus for every RM charged and get free RM1 Million automatic travel insurance!
UOB ONE Visa Platinum
This card can save you up to RM1,000 a year! Isn't that amazing? Earn up to 5% cash back on retail spending and start saving today!
UOB Lady's Platinum MasterCard
No other card understands women as well as the UOB Lady's card. Enjoy 10% cashback on groceries, 3X UniRM Reward Points, and SMART$ Rebates too!
UOB PRVI Miles Visa Platinum
The best way to earn miles. Earn 5X UniRM points, redeem airmiles, and get 12X Complimentary access to Plaza Premium Lounge!
UOB Preferred Platinum MasterCard Credit Card
From exclusive access into the Plaza Premium Lounge to delectable privileges at renowned restaurants, this is the ideal Card for you to revel in the lifestyle you prefer.
UOB Visa Infinite Credit Card
Only the most exquisite and finest privileges will do to befit your success and stature. So let UOB Visa Infinite Card serve you with infinite travel and lifestyle privileges that’s only yours to c...
Public Bank World MasterCard
Earn reward points which you can use to redeem free flights at a rate of 6,000 points = 1,000 Enrich Miles/2,000 AirAsia BiG points. On top of that, this card comes with a host of other travel bene...
OCBC World MasterCard
A premium card with premium benefits. Earn 1.2% unlimited cash back and various travel benefits
OCBC Great Eastern Platinum MasterCard
Live Great with this amazing cash back card. Earn up to 1% cash back with zero cap and 0% interest instalment plan on insurance premium payments
Hong Leong Wise Platinum Visa Credit Card
Enjoy 10% cash back on your chosen spend categories all year round with Hong Leong Wise Platinum Visa Credit Card. Use it when you want it, where you want it.
Frequently Asked Questions (FAQ)
It’s a payment card issued by a financial institution for the purpose of payment of goods and services. It is basically a small loan, because just like a home loan or personal loan, you are essentially borrowing cash from your card-issuer that must be paid back. In technical terms, what happens is that the card issuer opens a revolving account that grants the cardholder a line of credit that is used for payments on credit.
Instead of having to pay off your debts in full each month, a credit card account allows you to have a continuing amount of debt, subject to interest rate charges.
To put it in simple terms, if you pay off the outstanding balance on your statement by the end of the month, you will not be charged any interest. But if there is any outstanding debt, it will be carried over to the following month and an interest rate will be charged. The interest rate is variable and is generally more favourable towards people who pay off their outstanding credit card balance regularly.
In Malaysia, If you have an annual income of RM36,000 or less, you can have any number of cards from a maximum of 2 different card issuers.
If you have an annual income that is higher than RM36,000, this limitation does not apply to you.
There is a large variety of credit card types in Malaysia, each tailored to different lifestyles, spending habits, and purposes. The following categories represent the major types of credit cards that are available to the Malaysian public:
- Cashback Credit Cards These cards provide a cash rebate on your purchases, which allows you to reduce your financial burden and shop with peace of mind. Different cards have different terms for when, where, and how much cashback you can get, so it pays to do your research.
- Rewards Credit Cards This kind of card allows you to accumulate points as you make payments. These accumulated points can be exchanged for a wide variety of things - usually gifts and gadgets from your card issuer’s rewards programme. Some cards even let you trade your points for air miles, use your points like cash to pay for items, or even holiday trips!
- Travel Credit Cards These cards allow you to accumulate points or airmiles for travel purposes, making them suitable for frequent travellers. Most travel cards also give you great complimentary travel insurance coverage, making them a great way to get the most out of your travels.
- Petrol Credit Cards Malaysia has one of the highest car ownership rates in the world. Just about everyone has a car, and everyone who has a car needs petrol. Petrol cards help you by allowing you different petrol-related benefits such as cashback or discounts for petrol from specific companies such as Shell or Petronas, or points that allow you to earn rewards while you fill up your tank.
- Islamic Credit Cards These cards are Syariah-compliant cards, free from Riba, thus they are suitable for proponents of the Muslim faith who have doubts about credit cards. Islamic cards have just as many benefits as conventional credit cards, with the added benefit of allowing pious Muslims to enjoying said benefits without having to compromise their faith.
- No Annual Fee Credit Cards A self-explanatory category of credit cards – this kind of card is suitable for the cost-conscious, as the annual fee is either waived when you meet a minimum number of swipes per year, or the annual fee is free for life.
- Premium Credit Cards As the name states, these cards are premium cards that are suitable for the elite. Although expensive, they offer a wide variety of rewards, exclusive privileges, and first class services that only the wealthy can enjoy.
- Balance Transfer Credit Cards These cards have great balance transfer rates, so you can transfer an existing balance to a brand new card from a different card issuer and take advantage of the lower rate to save on interest costs. You will need to pay a one-time fee to complete the balance transfer, but you stand to save money in the long run, making this type of card a great debt management tool for those who want to tigten their finances.
- Promo Credit Cards These cards come with amazing offers and free gifts that will surely have you smiling from ear to ear. Check out Loanstreet’s Promo Card Page to find out which cards have great promos waiting for you now!
It’s as simple as filling up an application form and submitting the relevant personal documents. On Loanstreet, just press apply and fill in your details. You will receive a phone call from us within 1 working day in order for us to check your eligibility, after which we will submit your application to the banks. From then on you will deal with the banks until your application is approved and your credit card is received.
The documents that you need to provide differ depending on whether you are an employee or self-employed.
Employees require:
- A photocopy of both sides of your MyKad
- Your payslips and bank statements from the last 3 months, OR your EPF statements for the last 3 months.
Self-employed people require:
- A photocopy of both sides of your MyKad
- The latest Borang B /BE with LHDN Acknowledgement
A primary card possesses a credit limit, but a supplementary card does not possess its own limit. Instead, the supplementary card shares the same credit limit as the primary card. The primary cardholder can set specific limits for specific supplementary cards. Supplementary cards also generally have lower annual fees, and often even come free together with a primary card.
Besides the above, supplementary cards share the same features as the primary card.
Visa and MasterCard have different credit card lines/tiers
Visa
- Visa has two tiers of cards, namely Visa Regular credit cards and Visa Signature credit cards. Visa Regular cards come with extended purchase warranties, reward programmes, and various Visa-exclusive discounts and offers at participating establishments.
- Visa Signature cards have all the perks of a Visa Regular card with the added luxury of exclusive dining and retail privileges, travel protection, frequent flyer programmes, and access to the best golf clubs and restaurants in the world.
MasterCard
- MasterCard has three tiers of cards: the base level MasterCard, the World MasterCard, and the World Elite MasterCard.
- The base level MasterCard has equivalent benefits to the Visa Regular Credit Card.
- The World MasterCard and World Elite MasterCard are similar to the Visa Signature line of cards.