Bank Islam Classic Visa Card-i credit card

Also available as MasterCard

Bank Islam Classic Visa Card-i

This Shariah concept credit card may only be used to make Halal transactions.

  • 13.5% p.a. profit rate
  • Easy Payment Plan (EPP)
  • RM63.60 annual fee
  • Earn up to 1x reward point 

Apply online now for Bank Islam Classic Visa Card-i

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Benefits

Because you should be rewarded for giving the bank your business

Rewards
Earn 1 TruPoints for every RM1 you spend with your Classic Visa Card-i.
TruRewards Loyalty Programme
EarnSpent
1 point on every RM1on all local and overseas retail expenses
Your TruRewards Loyalty Programme earned expires in  3 years
Easy Payment Plan (EPP)
Bank Islam EPP offers payment terms of 3, 6, 12, 18, 24 and 36 months at ZERO interest when purchasing from selected retail merchants. Minimum transaction is RM1000.
Pay OverWith Interest Rate AtWhen You Spend
3 months0% p.a. and no one-time upfront handling feefrom RM150 
6 months0% p.a. and no one-time upfront handling feefrom RM300 
12 months0% p.a. and no one-time upfront handling feefrom RM600 
18 months0% p.a. and no one-time upfront handling feefrom RM900 
24 months0% p.a. and no one-time upfront handling feefrom RM1200 
36 months0% p.a. and no one-time upfront handling feefrom RM1800 
Learn more about Bank Islam Easy Payment Plan
Pay OverWith Interest Rate AtWhen You Spend
3 months0% p.a. and no one-time upfront handling feefrom RM150 
6 months0% p.a. and no one-time upfront handling feefrom RM300 
12 months0% p.a. and no one-time upfront handling feefrom RM600 
18 months0% p.a. and no one-time upfront handling feefrom RM900 
24 months0% p.a. and no one-time upfront handling feefrom RM1200 
36 months0% p.a. and no one-time upfront handling feefrom RM1800 
Learn more about Bank Islam Installment Payment Plan

Fees & Charges

There are always fees but how much are they?

Annual Fee
RM63.60
  • Waived when 12 swipes per year
Annual Fee for Supplementary Card
RM31.80
Minimum monthly payment
RM50 or 5% of outstanding amount
Late payment fee
RM5 or 1% of outstanding amount, up to a maximum of RM50
Cash withdrawal fee
RM12.72 or 2.65% of withdrawn amount, whichever is higher

All fees & charges are inclusive of 6% GST if applicable

Requirements

Are you eligible for this credit card?

Minimum annual income
RM24000
Minimum age for primary card holder
21 years old
Minimum age for supplementary card holder
18 years old
Who can Apply
Anybody

Features

Get some extra help from your credit card when you need it most

Easy Payment Plan
Bank Islam Easy Payment Plan
Bank Islam Installment Payment Plan
Easy payment plans (EPP) are great for large purchases that you want to pay off over a period of time.

Bank Islam Classic Visa Card-i review

What's so good (or not so good) about it?

Classic Credit cards don’t always mean there is less for the card to offer. It just means that the card is easier to handle.

So what is great about the card?

First of all, unlike most credit cards, Bank Islam cards come with lower interest rates than most cards, effective immediately when you sign up.

So instead of having a regular interest range of 15% to 18% per annum. Bank Islam cards, come with a minimum interest rate of 13.5% and goes up to a maximum of 17.5% p.a.

This means great savings especially when you get to save on annual fees too, although this card has an annual it’s also has a pretty quick fee waiver. All you have to do swipe the card 12 times a year and poof no more annual fees.

Card features?

Well this card is Shariah compliant adopting the concept of Tawarruq, therefore you only have a contract of 3 years. There are no joining fees so that means you get to save more there.

Bank Islam cardmembers can now also make their zakat contributions by way of their Bank Islam account. Not to mention you can enjoy the international perks of having MasterCard status and rewards points when you spend on this card.

Apart from that, Bank Islam credit cards now come with the most advanced Smart Chip technology so say hello to the latest in contactless transactions.

Any value added benefits?

Of course, there’s a benefit besides rewards. It’s always great to have an installment plan in your back pocket. With Bank Islam, you have two. There is the Bank Islam Easy Payment Plan and the Bank Islam Installment Payment Plan.

Both plans work with any amount of charge over RM150 and have repayment tenures of up to 36 months. The best part is that with both plans you have a 0% interest policy. So make all your payments on time and in full and you never have to worry about interest on your shopping again.

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