Bank Rakyat Platinum Credit Card-i credit card

Bank Rakyat Platinum Credit Card-i

Save more each time you swipe your Bank Rakyat Platinum Credit Card-i anywhere. For every 10 points collected, you can turn it into cash for an amount of RM0.1!

  • 13.5% p.a. profit rate
  • 20 days penalty-free period
  • RM411.28 annual fee
  • Earn up to 1x reward point 


Because you should be rewarded for giving the bank your business

Get rewarded with 1 Rakyat Reward Point for every RM10 spent with your credit card. Earn your points that have no expiry date and convert them to cash at the rate of RM0.10 per 10 points!
1 point on every RM10on all local and overseas retail expenses
Rewards points earned never expires

Fees & Charges

There are always fees but how much are they?

Annual Fee
  • Waived when you swipe at least 1 time for the first year
Minimum monthly payment
RM50 or 5% of outstanding amount
Late payment fee
RM10 or 1% of outstanding amount, up to a maximum of RM100
Cash withdrawal fee
RM21.20 or 3.18% of withdrawn amount, whichever is higher

*inclusive of 6% GST


Are you eligible for this credit card?

Minimum annual income
Minimum age for primary card holder
21 years old
Maximum age for primary card holder
65 years old
Minimum age for supplementary card holder
18 years old
Who can Apply
Any Business

Bank Rakyat Platinum Credit Card-i review

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

Annual Fee Waiver

Your first year annual fee for Bank Rakyat Platinum Credit Card-i is waived without any minimum spending required. Worry not, the annual fee is waived without any other hidden conditions. Besides that, the annual fee is waived for the subsequent years with at least one usage within a year regardless of any amount. Well, to be specific, the minimum spending is as low as RM0.01.

If you do not fulfill the above requirement, you will have to pay the annual fee of RM411.28 for the principal card or RM159 for each supplementary card.

Rewards or Cashback

Every Ringgit you spend with your Bank Rakyat Platinum Credit Card-i will never waste. Your spending will convert to Rakyat Rewards and then exchange with cash. For each RM10 you spend with the card, you earn 1 Rakyat Rewards. You can convert 10 Rakyat Rewards with RM0.10. In other words, you earn 0.1% cashback on all of your retail purchases.

Bear in mind that only Halal transactions are eligible for the benefits. On top of that, you have to contact Bank Rakyat at 03-2693 6000 before you make any overseas or online transactions.


You can redeem the cashback via various methods.

  • Cheque
  • Credit to your Bank Rakyat savings account
  • Credit to your Bank Rakyat Credit Card-i account to reduce the outstanding
  • Umrah package

Just contact Bank Rakyat Card Center at 03-2693 6880 or email to for the redemption application.

Compassionate Allowance

Bank Rakyat Platinum Credit Card-i provides Family Takaful protection for free. Bank Rakyat will settle all your credit card outstanding balance on behalf of you in the event of your death or permanent disablement. The beneficiary of the card holder will also receive the compassionate allowance of up to RM1000.

Supplementary Cards

You can always share the card benefits with your loved ones by applying for the supplementary cards. The principal card holder can apply for a maximum of 5 supplementary cards. The minimum age of supplementary card holder is 18 years old according to the date of birth.

The application of the supplementary card is easy. The principal card holder needs to complete the section of Supplementary Card Request for Bank Rakyat Platinum Credit Card-i application form. The supporting documents are the copies of Identification Cards for principal card holder and each supplementary card.

If you are a supplementary card holder who wants to become the principal card holder, you can just complete the new credit card application form.

Read More