Low overseas transactions
Keep travelling and save money with Bank Rakyat Platinum Explorer Credit Card-i
With frequent travellers in mind, Bank Rakyat has designed its first travel credit card: Platinum Explorer Credit Card-i.
The credit card offers fantastic travel perks that help you save money while exploring the world. Did we mention no annual fee?
| Highlights of Bank Rakyat Platinum Explorer Credit Card-i | |
|---|---|
|
Bank Rakyat Platinum Explorer Credit Card-i |
|
| Highest cashback rate | 5% cashback without minimum spend |
| Highest cashback amount | RM83 per month |
| Max spend to earn the highest cashback amount | RM1,700 |
| Eligible spend to earn the highest cashback rate | Airlines ticket purchases and hotel bookings |
| Eligible cardholder(s) | Principal and supplementary |
5% cashback for airlines tickets and hotel bookings
Imagine getting 5% cashback whenever you buy flight tickets or book a hotel.
Be it economy class or first-class flight tickets, budget or five-star hotel, Bank Rakyat Platinum Explorer Credit Card-i will help you save more money without minimum spending conditions!
The travel credit card cashback feature is also valid for supplementary cardholders and Bank Rakyat employees.
However, please note that there's a cap of RM1,000 per year or around RM83 per month, which is a total combination of usage by both principal and supplementary cardholders.
Furthermore, the 5% cashback is only valid for purchases made at the Merchant Category Code (MCC) below:
| Bank Rakyat Platinum Explorer Credit Card-i Merchant Category Code | |
|---|---|
| Eligible MCC | Description |
| 3000 - 3299 | Airlines Operator |
| 4511 | Airlines Operator |
| 3501 - 3999 | Hotels / Motels / Resorts |
| 7011 | Hotels / Motels / Resorts |
| 4722 | Travel Agencies / Tour Operators |
No mark-up rate for overseas transactions
Some people choose to carry a credit card instead of a lot of cash during travelling for safety reasons.
Moreover, it means they don't have to worry to lose money in case they exchange too much of it before the trip.
If that sounds like you, there's another reason to apply for Bank Rakyat Platinum Explorer Credit Card-i: no additional fees on currency exchange for overseas transactions!
Foreign transaction fees are charged when you purchase items while overseas. Typically, banks will charge 1-3% of the total bill for each overseas transaction.
With this travel perk, you can save some money and use it for your next adventure.
No annual fee and other benefits
| Bank Rakyat Platinum Explorer Credit Card-i Benefits | |
|---|---|
|
No Annual Fee |
The annual fee is waived for life without conditions. |
|
FREE 3x Airport Lounge Entry |
Enjoy free 3x access to all Plaza Premium Lounges in Malaysia nationwide (per year). Terms and conditions apply. |
|
Earn Rakyat Rewards |
Earn 1 point for every RM10 spent. Convert your points into cash (10 points = RM0.10) |
|
FREE Group Family Takaful Coverage |
Travel with peace of mind. Bank Rakyat protects you and your family while travelling, plus your credit card outstanding balances when unfortunate things happen. |
Eligibility and required documents
Here are the requirements to apply for this Public Bank credit card:
- Minimum annual income: RM60,000
- Age: 21-65 years old (principal card), minimum 18 years old (supplementary card)
Remember to prepare these documents as well.
Government servants:
- Copy of your IC (both sides) / Passport
- Copy of the latest salary slip
Private sector employees:
- Copy of your IC (both sides) / Passport; and
- Copy of the latest salary slip
Commission-based:
- Copy of your IC (both sides) / Passport; and
- Copy of the latest salary slip; and
- EA Form / EPF statement (latest 6 months); or
- Copy of the latest 6 months' commission statement
Self-employed:
- Copy of your IC (both sides) / Passport; and
- Copy of your Business Registration Certificate; and
- Copy of the latest 6 months' bank statement; and
- Copy of the latest Form B; and
- Copy of Tax Payment Receipt
Expatriate:
- Copy of your Passport; and
- Copy of Bank Rakyat Saving Account-i; and
- Copy of contract confirmation letter from employer
Pensioner:
- Copy of your IC (both sides) / Passport; and
- Copy of the latest 12 months' pension statement
- Copy of the latest 3 months' bank statement (showing the crediting of pension amount into the account)
How many supplementary cards can be applied?
If your application for Bank Rakyat Platinum Explorer Credit Card-i has been approved, you may have up to 5 supplementary cardholders.
To apply for supplementary cards, fill up the supplementary info in the application form and prepare a copy of the ID of the principal and supplementary cardholders.
