Bank Rakyat Debit Card-i

Bank Rakyat Debit Card-i offers a smart, Shariah-compliant cashless solution for local and global purchases with secure ATM withdrawal access worldwide.

Annual Fee: Free*
ATM Withdrawal Fee: RM1
Overseas Transaction Fee: 1.25%
Card Replacement Fee: RM12

Features

The Bank Rakyat Debit Card-i is a Shariah-compliant card and operates under the principle of Ijarah Khadamat. This commitment ensures that all transactions are ethical and transparent, specifically excluding those with merchants offering non-halal products or services.

The card provides global acceptance, being usable at all merchants and financial institutions worldwide that accept MasterCard transactions. Cardholders benefit from a substantially high daily limit for usage (combining retail and cash transactions) of up to RM10,000, or the total available balance in your account, whichever is lower.

A key advantage is the easy accessibility: there is no minimum income required to apply. In fact, the card often features a fast application process, as it can frequently be obtained on the very same day your application is processed at any Bank Rakyat branch.

For physical money needs, the card offers cash access at ATMs both locally and overseas, although the daily cash withdrawal is capped at a maximum of RM5,000. Finally, for enhanced overseas security, it is a mandatory safety measure to inform the Bank Rakyat Card Centre before using the card for any international or online purchases.

Fees & Charges

Issuance Fee

Annual Fee

RM8
First year free

ATM Withdrawal Fee

RM1 per withdrawal on Local MEPS ATM
RM12 per withdrawal on Overseas ATM

Overseas Transaction Fee

1.25% of the total amount transacted

Card Replacement Fee

RM12

Requirements

Minimum Age

18 years old

Who can apply

Anybody

Review

What is Bank Rakyat Debit Card-i?

This card is linked directly to your Bank Rakyat Savings Account-i, designed as your all-in-one tool for retail shopping, online payments, and cash withdrawals, both in Malaysia and around the world.

It’s the perfect, hassle-free alternative to carrying cash and cheques. Enjoy the convenience of cashless payments anywhere you go!

What benefits do I get from this card?

This card is designed for accessibility and ease of use, offering you a range of benefits:

No income requirement: Get your card without any minimum income conditions.
Instant issuance: Receive your card on the very same day your application is processed at a branch.
Global acceptance: Shop with confidence at millions of merchants worldwide that accept MasterCard.
Flexible use: Use your card for in-store purchases, secure internet transactions, and cash withdrawals.

What are the spending and withdrawal limits?

You have high limits for your daily transactions, giving you ample flexibility:

Daily purchase limit: Spend up to RM10,000 per day or the total balance in your savings account, whichever is lower.
Daily ATM withdrawal limit: Withdraw up to RM5,000 per day, with a maximum of RM3,000 for each transaction.

Am I eligible to apply for this Islamic debit card?

Applying for this Bank Rakyat Debit Card-i is easy! You are eligible if you:

Are 18 years of age or older.
Have an existing Bank Rakyat Savings Account-i or are opening a new one.
You can apply for a new card or a replacement at any Bank Rakyat branch.

Any fees or charges that I should know?

Here is a breakdown of the fees associated with this debit card:

Application Fee: RM8.00
Annual Fee:
- First Year: Free
- Subsequent Years: RM8.00 (Standard Card) / RM5.00 (KadS1M)
Card Replacement (Lost/Stolen): RM12.00
ATM Cash Withdrawal:
- Bank Rakyat ATM: Free
- Other Local Bank ATMs: RM1.00
- Overseas ATMs: RM12.00
Overseas Transaction Fee: 1.25% of the total transaction amount
Balance Inquiry (MasterCard Network): RM1.00