Overview of RHB Bank Credit Cards In Malaysia
What are the Features and Benefits of RHB Credit Card?
Earn Cashback Everywhere
You know you have a great cashback credit card when you get rewarded for purchasing food and groceries online.
With the evolution of instant gratification and delivery services, RHB credit cards offer you cashback when you shop online and have deliveries made.
The RHB Cashback Visa Credit Card is prime example of this benefit. Aside from just online spending, get cashback on your petrol purchase, dining and utilities as well.
Shopping, local entertainment and other online transactions besides your food orders also earn you some major cashback with the RHB Visa Signature.
RHB Rewards Points
Granted there are credit cards that are dedicated to selected movie theatres’ but what other credit card gives you 10 points on every RM1 spent on Movie tickets.
RHB Rewards MasterCard has no cap on the number of tickets, or the money spent, you constantly get rewarded to binge watch your favourite movies regardless of the cinema you visit.
Another perk of RHB Bank credit cards, is the MyEG-RHB Credit Card that offers you points and rewards when you spend on MyEG services.
This means, renewing your road tax and paying your traffic summons also gives you non-expiry redeemable credit card points.
RHB Bank Business Credit Cards
RHB Bank are one of the few banks more well known for their range of Business Credit Cards.
Business owners, have three cards to choose from if you are looking to get a credit card for your business expenses.
The RHB Platinum Business Visa and RHB Platinum Business MasterCard both offer you cashback on local and overseas retail spending.
The RHB credit cards can be applied to any type of business as long as they have been in operation for at least 5 years.
The cards will receive dual statements both for the employee or person using the card and a secondary statement for the business owner to track their business spending.
RHB Travel Insurance Coverage
Travelling and trying to enjoy your vacation while worrying about emergencies and flight plans can be stressful.
Selected RHB Credit Cards provide you with complimentary travel insurance when you purchase your flight tickets with your RHB Card.
Enjoy free coverage of up to RM2 million for travel inconveniences, such as luggage delay, luggage loss, flight delay and missed flights.
The Travel perk also gives you complimentary unlimited airport lounge access in Malaysia and Singapore.
RHB Balance Transfer with RHB Smart Move
Moving your credit card outstanding balance to your RHB Credit Cards could mean lower interest rates for you on the whole.
RHB Smart Move Balance Transfer Plan offers interest rates as low as 4% per annum and repayment periods of up to 24 months.
On top of that, there is no up-front fee imposed on the balance that you transfer or your payment.
What are the interest rates for RHB cards?
Similar to most banks in Malaysia RHB adheres to a tiered interest rate in 15% - 18% per annum as recommended by Bank Negara Malaysia.
Of course, credit card interest rates also rely heavily on an individual’s repayment and spending habits.
Inconsistent repayments and high outstanding balances are more likely to increase your interest rates per month.
What are the minimum monthly repayments for RHB credit cards?
RHB Bank credit cardholders are required to make minimum monthly repayments of 5% of the current balance or a minimum of RM50, whichever is higher.
If your full payment is made within the 20-day grace period then of course no interest is charged.
Failure to do so may result in a late payment charge of a minimum of RM10 or 1% of total outstanding balance (excluding interests and fees), whichever is higher and up to a maximum of RM100.
How much does it cost to get a replacement RHB Bank credit card?
If you lose your RHB Bank credit card or if it is stolen or damaged, you can get a replacement credit card for RM50 per card within 5-7 working days from the date of issuance.
How do I apply for RHB Credit Card?
RHB credit card applications can be made online! All you have to do is to compare all the cards and apply now.
To apply for an RHB card, the principal cardholder will have to be at least 21 years old, while the supplementary cardholder is to be at least 18 years old.
Minimum annual income differs from card to card.
|APPLY FOR RHB CREDIT CARD - ELIGIBILITY|
|Age of Principal Cardholder||min. 21 years old|
|Age of Supplementary Cardholder||min. 18 years old|
|Income Requirement (monthly)*||
*Please be noted that the minimum income requirement for expats might be different
What are the documents required to apply for RHB credit cards?
You can compare and apply for RHB Bank credit card online here.
To speed up your RHB credit card application, it’s best to prepare the documents required for RHB Bank credit card application.
|DOCUMENTS FOR RHB CREDIT CARD APPLICATION|
|Salaried Employee||Salaried Expatriate||Self-employed|
|Photocopy of MyKad / NRIC (both sides)||Copy of Passport||Photocopy of MyKad / NRIC (both sides)|
|Latest EPF statement or latest 2 months' salary slip*||Latest 2 months' salary slip*||Photocopy of Business Registration form|
|Latest BE form with tax receipt||Work permit valid for at least 6 months at the time of application||6 months bank statements, or latest Form B with tax receipt|
|3 months bank statements||Letter of employment||-|
|Latest EA form||-||-|
*Number of months of salary slip required will depend on the nature of your work. Have your commission slips with you, if available.
List of the Best RHB Credit Cards in Malaysia 2020:
RHB Visa Signature
A premium credit card with cashback benefits, that reward you on local entertainment, shopping, online transactions, retail, and overseas spend.
As well as Travel benefits and airport lounge access. What more could you want, knowing you have a card worth the effort and No Annual fee for life.
Save the most with the best when you have this card in your wallet.
RHB Cash Back Visa Credit Card
The credit card anyone can have, with a minimum annual income requirement of only RM24,000 this card is one of the more accessible of the RHB Cards.
Get cashback on all your online food and grocery delivery, petrol, dining and utilities as well as other spending.
This card gives you rewards on everything and multiple credit line options for emergencies, whether it’s a balance transfer, payment plan or a cash advance, this card has it all.
RHB Platinum Business Visa and RHB Platinum Business MasterCard
Whether you are a fan of the Visa Privilege or the MasterCard World pass, these two RHB credit cards offer you some of the best deals and rewards you could find.
It offers you benefits on local travel, petrol, dining, local and overseas retail as well as complimentary Travel Insurance coverage for travel inconveniences.
The RHB Bank credit cards both come with airport lounge access and no annual fee for life, so you will not have to worry about that as either.
Business owners converge and check out this card for all your business expenses with its high credit limit and the security that you need.
RHB Islamic Credit Card 2020
For Muslims who prefer to own Shariah-compliant credit cards, there's an array of RHB Islamic credit cards that you can apply online such as: