HSBC Cuts Credit Card Cash Advance Fees From March 2026

Samuel Chua

10th February 2026 - 2 min read

HSBC Bank Malaysia and HSBC Amanah Malaysia will revise cash advance fees [PDF] for selected credit cards from 2 March 2026. The changes affect how much cardholders pay when withdrawing cash using their credit cards, an option often used during short term cash flow gaps.

Revised Cash Advance Fees For HSBC Cards

For conventional HSBC Bank credit cards, the cash advance fee will move to a flat RM8.70 per transaction. This replaces the current charge of five per cent of the cash advance amount or a minimum of RM15, whichever is higher.

For HSBC Amanah Credit Card i products, the cash advance fee will also move to a flat RM8.70 per transaction. This replaces the current charge of RM50 for every RM1,000 withdrawn.

Credit Cards Covered By The Revision

The flat fee applies to several conventional HSBC credit cards, including the HSBC Premier Mastercard Travel Credit Card, HSBC Premier World Mastercard Credit Card, HSBC Visa Signature Credit Card, HSBC Travel One Mastercard Credit Card, HSBC Live Plus Visa Credit Card, HSBC Visa Platinum Credit Card, and HSBC Mastercard Platinum Credit Card.

HSBC Amanah Credit Card i products affected include the HSBC Amanah Premier World Mastercard Credit Card i, HSBC Amanah MPower Visa Platinum Credit Card i, and HSBC Amanah MPower Visa Credit Card i.

How The Fee Changes Affect Cardholders

For conventional HSBC credit card holders, the shift to a flat RM8.70 fee lowers the upfront cost of smaller cash withdrawals and removes percentage based pricing. This makes fees easier to anticipate for each transaction.

However, cash advances typically attract interest immediately, without an interest free period. Even with a lower transaction fee, frequent or high value withdrawals can still lead to higher overall borrowing costs.

The revision highlights the importance of understanding both transaction fees and interest charges when using credit cards for cash access. While the new fee structure may reduce upfront costs, cash advances remain one of the more expensive forms of short term credit.

Samuel Chua

Samuel writes about personal finance and financial news, focusing on how banking updates, policies, and promotions affect everyday money decisions. He enjoys making complicated financial topics easier to follow. Outside of writing, he spends his time watching TV shows and occasionally convincing himself he will only watch one episode.

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