Hong Leong Platinum Business MasterCard credit card

Hong Leong Platinum Business MasterCard

The Hong Leong Platinum Business Credit Card is designed to complement your daily business needs by managing your cash flow at a lower cost, giving you better control over your business expenses.

  • 15% p.a. interest rate
  • 60 days interest-free period
  • 6.99% p.a. balance transfer over 12 months
  • Easy Payment Plan (EPP)
  • RM424.00 annual fee

Apply online now for Hong Leong Platinum Business MasterCard

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Benefits

Because you should be rewarded for giving the bank your business

Balance Transfer
Hong Leong offers 6 or 12 months balance transfers at 6.99% p.a.
Pay OverWith Interest Rate AtWhen You Transfer
6 months6.99% p.a. and no one-time upfront handling feefrom RM1000 
12 months6.99% p.a. and no one-time upfront handling feefrom RM1000 
Learn more about Hong Leong Balance Transfer
Easy Payment Plan (EPP)
Hong Leong Bank EPP offers payment terms from 3 to 36 months at 0% interest on retail purchases from approved merchants. For all other purchases, you can opt to Hong Leong Flexi Payment Plan for instalment period of up to 36 months at 8.99% p.a.. No penalty fee for early payment.
Pay OverWith Interest Rate AtWhen You Spend
3 months0% p.a. and no one-time upfront handling feefrom RM500 
6 months0% p.a. and no one-time upfront handling feefrom RM500 
12 months0% p.a. and no one-time upfront handling feefrom RM500 
18 months0% p.a. and no one-time upfront handling feefrom RM500 
24 months0% p.a. and no one-time upfront handling feefrom RM500 
36 months0% p.a. and no one-time upfront handling feefrom RM500 
Learn more about Hong Leong Extended Payment Plan
Pay OverWith Interest Rate AtWhen You Spend
6 months8.99% p.a. and no one-time upfront handling feefrom RM500 
12 months8.99% p.a. and no one-time upfront handling feefrom RM1000 
18 months8.99% p.a. and no one-time upfront handling feefrom RM1000 
24 months8.99% p.a. and no one-time upfront handling feefrom RM2000 
36 months8.99% p.a. and no one-time upfront handling feefrom RM2000 
Learn more about Hong Leong Flexi Payment Plan
Travel
Enjoy complimentary visits to Plaza Premium Lounge KLIA, LCCT, Langkawi Airport, Penang Airport, Senai Airport and Singapore Changi Airport. Free Travel Insurance and Travel Inconvenience Coverage, and Retail Purchase Protection Coverage. Just charge your tickets to your credit card.
Travel CoverageSum Insured
Personal AccidentUp to RM300000
Travel InsuranceUp to RM1700000
Delayed FlightUp to RM1200
Missed FlightUp to RM1200
Lost LuggageUp to RM2500
Delayed LuggageUp to RM1200
Low Interest Rate
Take advantage of Hong Leong Bank's low interest rate of BLR + 8.86% p.a. whenever you use your Platinum Business Credit Card's cheque facility and enjoy great savings.
Premium
Exclusive Business Partners' Discounts and Privileges. Get big savings for your company with exclusive discounts and deals on products and services offered by Hong Leong business partners, such as dining, entertainment, business services and equipment.

Fees & Charges

There are always fees but how much are they?

Annual Fee
RM424.00
  • Waived when you swipe twice per month for 12 consecutive months or spend RM15000 per year
Annual Fee for Supplementary Card
RM212.00
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
Interest Rate on Cash Withdrawals
18%

*inclusive of 6% GST

Requirements

Are you eligible for this credit card?

Minimum annual income
RM60000
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
Hong Leong Extended Payment Plan
Hong Leong Flexi Payment Plan
Easy payment plans (EPP) are great for large purchases that you want to pay off over a period of time.
Cash Advance / Cash Loan
Hong Leong Bank Call For Cash
Cash Advance is a loan against the credit limit of your card at a reasonable rate.
Balance Transfer
Hong Leong Balance Transfer
Balance transfer allows you to consolidate debt from your other credit cards onto this card.

Hong Leong Platinum Business MasterCard review

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

Tailored to be the ideal business companion for all entrepreneurs and company owners alike, Hong Leong Platinum Business MasterCard gives you extended interest free periods, a platinum-level chequing facility and exclusive discounts and privileges while you shop, dine and travel – now that’s a well-fitted card.

Business Friendly Savings

Hong Leong Platinum Business MasterCard is built for business flexible cash flow with a credit limit up to RM300,000. And unlike regular credit cards that only give you 20 days leeway, Hong Leong Bank gives you 60-days interest free on all transactions.

Online banking isn’t for all situations and everyone, which is why cardholders will also enjoy special low rates when using the cheque facility at base lending rate + 9.01% interest p.a.

Swipe more on your Hong Leong Platinum Business MasterCard and you’ll also get a waiver on the RM424 price tag on your annual fees. All you have to do is swipe twice per month for 12 consecutive months or spend at least RM15,000 in a year to enjoy this waiver!

Ease of Business Travel

Enjoy complimentary entries to Plaza Premium Lounges across Malaysia and Singapore when you spend with your Hong Leong Platinum Business MasterCard. Just remember to charge at least RM 2,500 to your card within 30 days from your entry date to enjoy your free access!

Getting ready for your next business trip? Don’t forget to charge the flight tickets to your Hong Leong Platinum Business MasterCard and get platinum coverage for travel accidents and inconveniences with Hong Leong Travel Protection Plan.

Extra Platinum Benefits

With the Hong Leong Platinum Business MasterCard you’ll be also entitled to exclusive discounts and deals with other Hong Leong Bank partner merchants – from dining, entertainment, business services and equipment.

Take advantage of exclusive Hong Leong banking services including 0% interest EPP, low cash advance fees and 9.88% interest p.a. balance transfers.

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