Hong Leong Platinum Visa credit card

Also available as MasterCard

Hong Leong Platinum Visa

Platinum privileges in your hands! - have the luxury of free travel insurance, preferential exchange rates and enjoy up to 2% cashback on your spending

  • 15% p.a. interest rate
  • 20 days interest-free period
  • up to 2% cashback
  • 6.99% p.a. balance transfer over 12 months
  • Easy Payment Plan (EPP)
  • RM424.00 annual fee
  • Earn up to 1x reward point 

Benefits

Because you should be rewarded for giving the bank your business

Cashback
Hong Leong Platinum Credit Card is the only card that rewards your spending with cash rebate up to 2% on top of Platinum benefits and Reward Points. Your cash back will depend on your carried over credit card balance for the month.
Discover how much you can save when you shop with your new Hong Leong Platinum Visa
Cashback CategoryCashback RateMonthly CapSpend
All RetailSpendfrom RM10000 up to RM25000 monthly0.2%RM50from RM10000 up to RM25000 monthly
All RetailSpendfrom RM25001 up to RM50000 monthly0.5%RM250from RM25001 up to RM50000 monthly
All RetailSpendfrom RM50000 and above monthly2%uncappedfrom RM50000 and above monthly
Rewards
Irresistible merchandise awaits you! Get Reward Points whenever you use your Hong Leong credit card. You'll be rewarded with 1X Reward Point for every Ringgit charged to your card.
Hong Leong Rewards
EarnSpent
1 point on every RM1on all local and overseas spend except petrol
Your Hong Leong Rewards earned expires in  3 years
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
Premium Platinum Privileges - If you charge your holiday tickets to this credit card, you will enjoy comprehensive travel, travel inconvenience, and retail purchase protection coverage.
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
Premium
Toll-free Platinum Customer Service Line and 24-hour Personal Concierge for your beck and call, anytime of the day, 7 days a week. Enjoy complimentary hotel room upgrades and retail discounts the world over!

Fees & Charges

There are always fees but how much are they?

Annual Fee
RM424.00
  • first supplementary card free, subsequent card RM200
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 5.30% 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 Visa review

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

Do you like to redeem free rewards? Payment flexibility? How about worldwide privileges rolled up all in one credit card? Got your attention yet? Now introducing the Hong Leong Platinum Visa Card - the credit card that will add platinum value to your spending! 

Exclusive Club Rewards

Yes, it’s all about the point benefits for Hong Leong Platinum Visa Card users – enjoy up to 2% cash rebate monthly for opening balances above RM50,000 and no monthly caps! But Hong Leong Platinum Visa Card is also the only card that rewards your spending with cash rebates, while sweetening the pot with additional reward points and Platinum Privileges. 

Welcome to the Hong Leong Club Rewards, where you will be rewarded with 1x reward point for every Ringgit that you spend. Reward points accumulated can then be used to redeem various tantalizing gifts, hotel and dining vouchers, frequent flyer mile points or even to waive your annual Hong Leong Bank credit card fees! However, reward points are not awarded for purchases from petrol station and must be redeemed within a period of 3 years.

Better Money Management

To top of Platinum Rewards for its Platinum Visa Card users, Hong Leong Bank also offers Platinum flexibility on all your shopping. How about 6 and 12 month balance transfers at 6.99% per annum and no upfront handling fee for current credit card users looking to switch?

Enjoy EPP with Hong Leong Extended Payment Plan which allows payments over 3 to 36 months at 0% interest rates and no upfront handling fee from participating merchants. That’s right! 0% interest on retail purchases with a minimum amount of RM100 and no early termination fees!

Platinum Privileges

Platinum Privileges? It is a platinum way of life with the Hong Leong Platinum Visa Card. Just swipe with your Hong Leong Platinum Visa Card when purchasing your holiday ticket and enjoy comprehensive travel insurance, travel inconvenience, and retail purchase protection coverage.

Not forgetting complimentary room upgrades at luxury hotels, attractive retail discounts, premium bookings for restaurants, and even priority ticket reservations for concerts and theatres in Malaysia. Included with the Hong Leong Platinum Visa Card is a complimentary supplementary card for life. In other words, free of charge! Did we also mention preferential exchange rates? Yes, you'll get better rates compared to the ones you'd get at the usual money changers - just show your Hong Leong Bank credit card at any one of the branches.

Read More