Best Cashback Credit Cards in Malaysia 2019

Cashback credit cards convert your spend into rebates. Big credit card bill every month? Look for uncapped cashback.

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Best Cashback Credit Cards in Malaysia 2019


What is a cashback credit card?

Also known as a cash rebate credit card, cash back credit cards are credit cards that give you a certain percentage of your expenditure back. Usually, credit cards with cashback have set cash back percentages and a cap on the maximum amount of cash back you can earn each month. Given that credit card cash back can save you up to hundreds each year, it’s no wonder many people are on the hunt for a good cash back credit card in Malaysia.

What is the best cashback credit card in Malaysia in 2019?

The best cashback credit cards are those that offer a high percentage of cashback with a high cashback cap with little to no requirements to qualify for that cashback. It also depends on what areas of expenditure are eligible for cashback for a certain card.

Some cards, like the AmericanExpress card of the Maybank 2 Gold, offer weekend cashback on all spending. But some top cash back credit cards differ depending on whether they offer cash back for groceries, petrol, online, dining, or utilities. 

As everyone has different spending patterns, it’s difficult to say which is the best cashback credit card. Instead, here are some ways you can determine the best cash rebate card for yourself.

Which is the best cashback card for me?

To find out which credit card is best for you, consider the following factors:

Cashback rate.

Of course, it’s a good idea to aim for a high cashback credit card, but bear in mind that it’s not the only thing you should be looking for.

Weekday cashback or weekend cashback.

Some cashback credit cards restrict their cash rebates to certain days of the week. For example, if you don’t tend to use your cashback card on weekdays, don’t get one that only offers cashback on Monday to Friday.

Cashback cap.

A credit card with a high cashback cap can offer more potential cashback compared to one with a lower cashback cap.

Cashback categories.

If you’re the breadwinner in the family, get a cashback credit card for groceries and utilities. If you drive a car, make sure you have a petrol credit card in your wallet.

Minimum monthly spend for cashback.

Some cashback credit cards are tiered, which means that they have different cashback rates depending on how much you spend on the card each month. Make sure you pick a cashback card that suits your average monthly expenditure.

Best Cash Back Credit Cards in Malaysia

  1. HSBC Amanah MPower Platinum Credit Card-I

  2. Public Bank Quantum MasterCard

  3. Standard Chartered JustOne Platinum MasterCard

  4. Maybank 2 Platinum Cards

  5. Hong Leong Wise Gold Credit Card

  6. Citi Cash Back Platinum Credit Card

  7. CIMB Cash Rebate Platinum MasterCard

  8. Alliance Bank You:nique - Great Rebates

  9. Maybank 2 Gold Cards

  10. UOB One Visa Platinum