Effective 1 April 2020, the HSBC Amanah MPower Platinum Credit Card-i’s promotional rate of 8% cashback for e-wallet transactions will be retained as a permanent feature of the card. Previously, the e-wallet cashback was introduced as a limited-time feature for the period of 3 October 2019 to 31 March 2020.
HSBC Amanah MPower Platinum cardholders get 8% cashback for e-wallet transactions with a minimum monthly spend of RM2,000 – capped at RM15 per month. If you spend less than RM2,000 using your card in a month, you are entitled to 1% cashback on e-wallet transactions. The e-wallet cashback is only limited to “closed” e-wallets that do not offer withdrawals, namely SamsungPay, GrabPay, Touch ’n Go, and FavePay.
The overall cashback benefits of the HSBC Amanah MPower Platinum Credit Card-i can be seen below:
|Category||Cashback With Minimum Spend Of RM2,000 Per Month||Cashback With Monthly Spend Below RM2,000|
|Other eligible spend||0.2%||0.2%|
The monthly cashback for petrol, groceries, and e-wallet spend is capped at RM15 per category.
Find out more about the HSBC Amanah MPower Platinum Credit-card-i here.
(Source: HSBC Amanah)