RHB Launches New Multi-Currency Debit Cards
Author Avatar


RHB Launches New Multi-Currency Debit Cards

RHB Banking Group has launched Malaysia’s first multi-currency debit cards which offers access to 13 foreign currencies alongside Malaysian ringgit. The two debit cards come in the form of RHB Multi Currency Visa Debit Card and RHB Premier Multi Currency Visa Debit Card.

These new debit cards work just like any other debit card in Malaysia, but with zero conversion charge or transaction fees for the 13 supported currencies, which are: US Dollar, Canadian Dollar, Euro, Japanese Yen, Pound Sterling, Australian Dollar, New Zealand Dollar, Swiss Franc, Hong Kong Dollar, Saudi Riyal, South African Rand, Singapore Dollar, and Thai Baht.

Customers who wish to get the RHB Multi Currency Visa Debit Card would need to open an RHB Multi Currency Account, with a minimum initial deposit of $1,000 (about RM4,080) or its equivalent. Balances in foreign currencies also earn interest.

“Currently we have more than two million debit cards in circulation and in the first year, we expect to issue 15,000 new Multi Currency Visa Debit Cards,” RHB Managing Director Datuk Khairussaleh Ramli said at the launch of the debit cards.

Malaysia Visa Country Manager, Ng Kong Boon added that customers will be able to enjoy competitive exchange rates on all 13 foreign currencies when they use the debit cards without any conversion charges or transaction fees.

(Source: The Edge Markets, The Star)


0 0 votes
Article Rating


Comments (0)

Notify of
Inline Feedbacks
View all comments
Top Banking Articles
Post Image
Malaysian Banks And Local Institutions Offer Financial Assistance For Customers Affected By Covid-19
Alex Cheong
- 1st April 2020
(Last update: 1 April 2020, 3.40pm to include FAQs by banks.) With Malaysia going into an extended period […]
Post Image
Free Digital Tools to Help Market Your SME Business
Ahmad Mudhakkir
- 2nd July 2018
If you want to make sure other people know about your business, here are the free digital tools that can help you do it!
Post Image
Best Fixed Deposit Accounts In Malaysia
The RinggitPlus Team
- 2nd June 2021
We provide monthly updates on the best fixed deposit rates in Malaysia with tables showing the top 5 rates for the duration of 1, 3, 6, 9, and 12 months.
Post Image
Achieve Your Savings Goals And Win Prizes Worth Over 30 Million With BSN SSP 2021
Sharon Bentley
- 28th May 2021
For many of us, coming home with RM1,000,000 to our name may seem like a farfetched dream. But […]

Related articles

Related Posts Image
Related Posts Image
Related Posts Image
Related Posts Image