What is the RHB Corporate MyDebit Card about?
This card is a dedicated business debit card designed to replace cash and cheques for payments to domestic government agencies. It links directly to your company's RHB Current or Savings account, allowing for seamless tracking of official expenses.
What are the advantages of this corporate debit card?
- Go Cashless: Eliminate the security risks and hassle of carrying cash or issuing cheques for government payments.
- Multiple Cards: Issue separate cards to authorised employees under one company account to streamline operations.
- Expense Management: Easily track all government-related expenses through your company's bank statement.
Any other special benefits?
This card is designed for specific official engagements, ensuring your spending remains focused. It is exclusively restricted to payments at domestic government agencies, covering specific Merchant Category Codes (MCCs) such as Tax Payments, Government Services, Fines, and Court Costs.
Besides that, rest easy knowing that your card is safeguarded against unauthorised access. Every transaction is protected by mandatory PIN verification, ensuring that the card can only be used by you for legitimate purposes.
Furthermore, the card supports quick and secure contactless functionality, allowing you to settle necessary fees and government charges swiftly without the need for physical cash or lengthy processing!
Any applicable fees or charges for this card?
- Issuance Fee: RM12.00 (charged in the first year).
- Annual Fee: RM12.00 per card.
- Replacement Card Fee: RM15.00 (unless replacing an expired card).
What are the transaction limits?
- Daily Purchase Limit: The default limit is RM3,000.00 per day.
- Limit Customisation: You can change the daily purchase limit at any RHB Bank branch, up to the available balance in your designated account.
- Usage Restriction: The card cannot be used for cash withdrawals, fund transfers, overseas transactions, or online (Card-Not-Present) transactions.
Who is eligible to apply?
- Private Limited Companies (Sdn Bhd), Public Limited Companies (Berhad), Sole Proprietorships, and Partnerships.
- Authorised employees aged 18 years and above.
- The business must maintain a designated account with RHB Bank.
What documents should I prepare?
- A completed RHB Corporate MyDebit Card application form.
- Photocopy of the authorized applicant's MyKad (front and back).
- A Board Resolution (for companies) or a letter of authorisation (for Sole Proprietors/Partnerships).
- Certificate of Incorporation or Business Registration forms.
