Overview of BSN Credit Cards In Malaysia
All the privileges that money can bring with none of the hassle of carrying cash - that's what a BSN credit card promises you.
And in keeping with that commitment, BSN also offers all credit cards free for life, with no annual fee.
Choose from the complete range of Visa and MasterCard Classic, Gold, Platinum, and Premium cards, and make your application online for speedy approval.
What are the Features and Benefits of BSN Credit Cards?
1. No Annual Fees, Ever!
You read it right the first time – no annual fee!
Bank Simpanan Nasional credit card is free for life, even for your supplementary credit card members.
Not just when you sign up, but for the rest of your life with no additional conditions attached. So, keep your BSN credit card in your back pocket at all times to yield benefits.
2. BSN Happy Rewards Programme!
And we’re only just getting to the best part - BSN Rewards Points!
Swipe it as you mean it because every Ringgit that you spend on local transactions rewards you with 1 Happy Point. Spend overseas and you’ll get double the points!
As BSN credit cards are recognized worldwide, you can enjoy special discounts and offers from dining and shopping to travel treats at over 20 million establishments worldwide as well as get cash at over 1 million ATMs.
Collect your Reward Points whenever you swipe with BSN cards. These accumulated points can then be used to redeem exciting gifts for you and the family!
Whether it’s kitchenware, travel gear, vouchers, and even gifts for the kids, myBSN reward point catalogue has a gift just for you.
3. Special Low-Interest Rate on Finance Charges
Think all credit card interest fees start at a high of 15%? Think again!
Only Bank Simpanan Nasional gives you interest rates as low as 11% per annum for the government sector and 13.5% per annum for private sector employees with a BSN Classic/Gold/Platinum credit card.
And that’s not all - for teachers who own a BSN 1 TeachersCard MasterCard, the finance charge interest rate is as low as 8.88% per annum!
Generally, the interest rate charged will be higher should you have a history of inconsistent repayments and a lower interest rate if you are prompt in repayments.
4. Complimentary BSN Zing PLUSMiles Card
Get this complimentary Touch ‘n Go auto-reload card that is linked to your credit cards and enjoy fantastic toll rebates and discounts.
You may link up to five (5) Zing Cards to your BSN Gold Visa Credit Card-i and share the convenience with your loved ones.
5. Free Travel Accident Insurance and Inconvenience Benefits
BSN credit cards also offer complete travel protection.
Simply charge your full travel fare to your BSN Platinum Visa Credit Card-i and you can travel with complete peace of mind.
Why? Because you’ll get FREE travel insurance coverage of up to RM300,000 automatically!
Travel inconvenience benefits up to RM2,000 are also included for lost or delayed luggage and RM600 for flight delays and missed flight connections.
6. Flexible Credit Lines
To meet your varied financial needs, BSN credit cards offer a range of lines of credit with flexible repayment methods at competitive rates.
7. BSN Credit Card Balance Transfer Programme
For principal BSN members, transfer your outstanding balances from other credit cards to your BSN card and enjoy lower interest rates.
This program offers 6 balance transfer plans to choose from including the 0% interest plans for up to 12 months.
No processing fee, a long repayment period of 3 to 36 months and enjoy payment convenience via myBSN or through any BSN branch or BSN ATMs.
8. BSN Instalment-Pay Plan
Also for principal BSN members only, now you can shop to your heart’s delight and convert your retail purchases into affordable monthly instalments.
Enjoy 0% interest on your instalments for 6, 12, or 24 months with a one-time upfront fee of 3% - 5%.
All you have to do is make a minimum purchase of RM500 in a single receipt and select your BSN Instalment-Pay Plan tenure.
What are the minimum monthly repayments for BSN credit cards?
BSN members are required to make minimum monthly repayments of 5% of the current balance or a minimum of RM50, whichever is higher.
Monthly repayments will have to be made on the stipulated due date.
Failing to do so may result in a late payment charge of a minimum of RM10 or 1% of the total outstanding balance (excluding interests and fees), whichever is higher and up to a maximum of RM75.
How much does it cost to get a replacement card?
If your card got lost, stolen, or damaged, you can get a replacement credit card free of charge.
However, RM50 per card will be charged for the second and subsequent replacement within 5-7 working days from the date of issuance.
How many supplementary cards can I apply for?
You can apply up to a maximum of 5 supplementary cards — extended to your spouse, children, and immediate family, who are 18 years and above.
Am I eligible to apply for BSN credit cards?
To apply for a BSN card, the principal cardholder will have to be at least 21 years old, while the supplementary cardholder is to be at least 18 years old.
Minimum annual income differs from card to card.
| APPLY FOR BSN CREDIT CARD - ELIGIBILITY | |
|---|---|
| Age of Principal Cardholder | Minimum 21 years old |
| Age of Supplementary Cardholder | Minimum 18 years old |
| Nationality | Malaysian |
| Income Requirement (monthly) |
|
What are the documents required to apply for a BSN credit card?
You can compare and apply for a BSN credit card here.
To speed up your application, it’s best to prepare the general documents required for a credit card application like the following.
| DOCUMENTS TO APPLY FOR BSN CREDIT CARDS | ||
|---|---|---|
| Salaried Employee | Self-Employed | Commission Earner |
|
✔ Copy of IC, AND ✔ Photocopy of the latest 1 month's payslip (Government Servant), OR ✔ Employer confirmation letter (Government Servant), OR ✔ Photocopy of latest 3 months payslip (Private Sector Employee), OR ✔ Latest EPF statement (Private Sector Employee), OR ✔ EA Form (Private Sector Employee), OR ✔ BE Form (Private Sector Employee) |
✔ Copy of IC (both sides), AND ✔ Photocopy of the latest 6 months company bank statement, OR ✔ Latest B Form with an official tax receipt, AND ✔ Photocopy of Form 9, 24, 49, OR ✔ Business Registration Certificate |
✔ Copy of IC (both sides), AND ✔ Photocopy of the latest 6 months' commission statement, OR ✔ Annual commissions statement, OR ✔ EA Form, OR ✔ BE Form with an official tax receipt |
How do I apply for a BSN Credit Card?
Credit card applications can be made online on Ringgitplus!
You don’t need to go to a BSN centre. All you have to do is compare credit cards and apply online.
Some of the Best BSN Credit Cards in 2024:
- BSN Platinum Visa Credit Card-i
Feel the touch of Platinum - enjoy exclusive lifestyle privileges, reward programmes, financial freedom, convenience and lower interest charges, all with the BSN Visa Platinum-i. - BSN Classic Visa
A classic credit card that rewards you when you spend. With a variety of benefits from low-interest fees and free travel insurance coverage to zero-interest instalment plans, there's a lot that this card has to offer! - BSN Gold Visa Credit Card-i
Wishing to get more benefits out of a credit card? Then BSN Gold Visa Credit Card-i is the credit card for you. With no conditions attached, you can get 5 freebies: free annual fee waiver, supplementary cards, BSN Zing PLUSMiles Card, rewards points and travel insurance! - BSN 1 TeachersCard MasterCard A card designed for teachers and educators all over Malaysia. Take advantage of zero annual fees, low interest rates, and a great rewards programme!
