Best credit card sign up offers

Want to know the best credit card sign-up offers available today? Well, we've got the inside information on all the best deals in Malaysia. Whether you want a free gift, extra cashback, or more reward points - read on!

To help you get more for your money, the RinggitPlus team scouts for the best credit card sign up promos in the market every now and then. And the last time we checked, Standard Chartered, Mach by Hong Leong Bank, Bank Islam and Public Bank ruled the roost with their great cashback rebates.

Since that was quite a while ago, and new credit card promotions pop up virtually every other day, we figured that it was once again time to roll up our sleeves and dig deep to pick out the best sign up deals available to consumers.

Upfront credit card cashback rebate rewards

BankCashback RebateNoteApply
Standard Chartered
  • RM150 – RM885
  • RM150 cashback for Gold or Business Gold; RM200 for Platinum, Preferred World MasterCard or Business Platinum; RM30 for supplementary card (without minimum spend)
  • RM455 for principal card with minimum spend of RM1,500 per month
  • RM885 for principal and supplementary cards with minimum spend of RM1,500 per month per card
  • Expires 31 May 2013
Public Bank
  • RM150
Bank Islam
  • RM150
  • Must use card within one month of approval
  • No stated expiry date
  • RM100 – RM250
  • RM100 cashback with minimum RM350 first swipe for EVO, Travel Money, Tesco and Gold cards
  • RM150 cashback with minimum RM500 first swipe for Platinum card
  • RM250 cashback with minimum RM1,000 first swipe for Infinite card
  • Must transact the above within 45 days of approval date
  • Expires 30 April 2013
  • RM100 – RM225
  • RM100 cashback for MPower Visa Platinum, Advance Visa Platinum or MPower Visa; RM200 for Premier World MasterCard; RM30 for supplementary card-i
  • Must spend any amount at least three times within 60 days from welcome letter date
  • Expires 30 April 2013

Standard Chartered outdoes itself with new promo

We’re happy to note that Standard Chartered’s latest sign up offer is even better than their previous one. This time round, you’ll get up to a whopping RM885 if your online credit card application is approved and you meet the required spending criteria. That’s more than double of what they used to give out!

But as with most good things when it comes to banks, there are always a few catches. The RM885 cashback is subject to you applying for a supplementary card along with your principal one, with a minimum spend of RM1,500 per month on each card.

If you only apply for a principal credit card, you’ll get RM455 in cashback rebates should you meet the minimum spending prerequisite of RM1,500. Don’t intend so spend that amount on your card(s)? That’s fine too. You’ll still get RM200 cashback for signing up for a Platinum, Preferred World MasterCard or Business Platinum card, RM150 for a Gold or Business Gold card and RM30 for a supplementary Gold, Platinum or Preferred World MasterCard credit card.

New kids on the block. Err, list.

Well OK they aren’t exactly new players in the local credit card market, but they did come up with some awesome new sign up offers recently. Who are we talking about? None other than RHB and HSBC Amanah.

For the RHB promotion, you’ll get RM100 cashback with a minimum first swipe of RM350 on your newly-approved EVO, Travel Money, Tesco and Gold credit cards. Your Platinum card will bag you RM150 in cashbacks with at least RM500 spend on your first swipe, while your Visa Infinite entitles you to RM250 when you spend RM1,000 or more on it for the first time.

With HSBC Amanah, you’ll enjoy RM200 cashback rebate on your Premier World MasterCard Credit Card-i and RM100 on your MPower Visa Platinum, Advance Visa Platinum or MPower Visa Credit Cards-i. To be eligible you’ll just have to spend any amount for a minimum of three times within 60 days from the date of your credit card welcome letter. Sounds easy enough.

Still going strong

And lastly, kudos to both Bank Islam and Public Bank for maintaining their RM150 cashback sign up offers for what seems to be the longest time. They’re both great deals and we’re sure that the response to them must have been quite encouraging. We wonder if we’ll still see these two promotions on our next best of list? Whatever it is, do keep an eye for it!


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