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 highest cashback amount | RM1,700 |
| Eligible spend to earn highest cashback rate | Airlines tickets 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 condition!
The travel credit card cashback feature is also valid for the supplementary cardholders and Bank Rakyat employees.
However, please take note that there's a cap of RM1,000 per year, 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 Operator |
No Mark-up Rate for Overseas Transactions
Some people choose to carry credit card instead of a lot of cash during travelling for safety reason.
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 & Other Benefits
| Bank Rakyat Platinum Explorer Credit Card-i Benefits | |
|---|---|
|
No Annual Fee |
Annual fee is waived for life without conditions. |
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FREE 3x Airport Lounge Entry |
Enjoy free 3x access to Plaza Premium Lounge Malaysia nationwide (per year). |
|
Earn Rakyat Rewards |
Earn 1 point for every RM10 spent. Convert your points into cash (10 points = RM0.10) |
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FREE Group Family Takaful Coverage |
Travel with peace of mind. Bank Rakyat protects you and your family while traveling, plus your credit card outstanding balances when unfortunate things happen. |
Eligibility & Required Documents
Here are the requirements to apply for this Public Bank credit card:
- Min. annual income: RM60,000
- Age: 21-65 years old (principal card), min.18 years old (supplementary card)
Remember to prepare these documents as well:
| Bank Rakyat Platinum Explorer Credit Card-i Required Documents | ||
|---|---|---|
| General Documents | ||
| Copy of NRIC (both sides) or Passport | ||
| EA Form / EPF statements (latest 6 months' transactions) | ||
| Latest 2 months' salary slip | ||
| Latest 3 months' savings account activity/current account statements | ||
| Self-employed | Expatriate | Existing Cardholder |
| Copies of business registration | Letter of employment | Copy of NRIC (both sides) or Passport |
| Latest 6 months' bank statement | Copy of Bank Rakyat Saving Account-i | |
| Copy of latest Form B | ||
| Copy of Tax Payment Receipt | ||
Bank Rakyat Platinum Explorer Credit Card-i Supplementary Cards
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.
