Best Credit Cards in Malaysia (October 2026)
Compare cashback, rewards and travel credit cards from Malaysia's top banks. Filter by reward type, annual fee, and income requirement. Heading overseas? Pick a no-forex-fee card for the trip.
Ask rates.my
Tell us what you want; our AI picks from 90+ cards · powered by Gemini
Showing 97 credit cards
- ✓5% weekend cashback on all purchases except government bodies & utilities (Amex card), capped RM50/principal/month
- ✓Weekdays earn 5x TreatsPoints (Amex) or 1x (Visa/Mastercard), not cashback
- ✓Petron & PETRONAS fuel savings
- ✓Up to 25X TreatsPoints for every RM5 spent
- ✓16 complimentary Plaza Premium lounge visits/yr
- ✓Travel insurance up to USD1,000,000
- ✓Up to 5% cashback on petrol, groceries & utilities (capped RM30/mo) with min. RM3,000/mo spend
- ✓2% cashback in these categories below RM3,000/mo spend
- ✓0.2% cashback on all other spend
- ✓Up to 8x CIMB Points per RM1 spent overseas (Airlines/Duty Free sub-category may earn only 1x per an older CIMB rewards T&C — unconfirmed)
- ✓2x CIMB Points per RM1 local spend
- ✓Transfer points to Enrich, KrisFlyer & Asia Miles
- ✓Quantum Mastercard: 2% cashback on overseas transactions (min RM100/transaction)
- ✓Quantum Visa: 1% cashback on contactless transactions (min RM100/transaction)
- ✓Each capped at RM20 per statement cycle, combined across principal + supplementary
- ✓Up to 10% cashback on petrol, groceries, dining & Grab (capped RM15/category/mo)
- ✓Requires min. RM1,500/mo retail spend to unlock 10% (ONE Platinum tier)
- ✓0.2% unlimited cashback on all other retail spend
- ✓5% weekend cashback on all purchases except government bodies & utilities (Amex card), capped RM50/principal/month
- ✓Weekdays earn TreatsPoints, not cashback
- ✓Higher credit limit than Gold tier
- ✓8% cashback on PETRONAS fuel & Kedai Mesra spend, weekends (Sat–Sun)
- ✓1% cashback on the same PETRONAS spend, weekdays (Mon–Fri) — shared cap RM50/mo, RM600/yr
- ✓1X TreatsPoints per RM1 on groceries, dining & other retail spend (not cashback)
- ✓5X Shopee Coins on Shopee spend + 4X on dining/Paywave/entertainment on the 28th of each month & 9.9/11.11/12.12/CNY/Raya campaign days (2X on both, other days); 1X on other spend
- ✓Capped at 5,000 Shopee Coins/statement cycle — excess converts to TreatsPoints
- ✓5,000 Welcome Shopee Coins with min. spend of RM300 within 60 days
🔥 Trending This Month
Best current sign-up offers · updated 22 October 2026Promotions are indicative and time-limited — always confirm current terms with the bank before applying.
🎁 Promos This Month — October 2026
Current offers · as of 22 October 2026✈️ Miles & points bonuses
- KrisFlyer ⇄ Shangri-La Circle Points — 30% Conversion Bonusuntil 31 October 2026
Transfer KrisFlyer miles to Shangri-La Circle Points, or Circle Points to KrisFlyer miles, and get a 30% bonus either way (e.g. 1,000 Circle Points → 1,625 miles instead of 1,250). Minimum 1,000 Circle Points per conversion. The 10 members with the highest conversion volume get a further 10% bonus.
Official Singapore Airlines KrisFlyer / Shangri-La terms → - KrisFlyer Spontaneous Escapes — 30% off Saver awards for November traveluntil 31 October 2026
Singapore Airlines takes 30% off Saver award rates on selected routes for travel between 1 and 30 November 2026. Book the award by 31 October 2026 on singaporeair.com or the app. Examples: Singapore–Kuala Lumpur economy from 5,600 miles, Singapore–Bangkok economy from 9,100. Each route has its own blackout dates, so check the route table before you transfer miles.
Official Singapore Airlines KrisFlyer terms →
💳 Credit card sign-up promos & free gifts (20)
- MaybankMaybank 2 Platinum Cards
🎁 RM100 cashback for the first 200 new Amex cardholders each month — apply via Maybank2u/MAE, spend RM300 in 30 days (to 31 Jan 2027)
🎁 RM50 cashback — make at least 1 retail transaction within 45 days of approval (no minimum spend; limited to new-to-Maybank credit card customers only)
- HSBC MalaysiaHSBC Live+ Credit Card
🎁 RM3,888 TnG e-wallet credit (every 38th qualified applicant, capped 3 units) or guaranteed RM500 TnG e-wallet credit — apply via RinggitPlus, get approved, activate & spend RM3,000 in 60 days (promo 19 Oct–2 Nov 2026)
- HSBC MalaysiaHSBC TravelOne Credit Card
🎁 RM3,888 TnG e-wallet credit (every 38th qualified applicant, capped 3 units) or guaranteed RM500 TnG e-wallet credit — apply via RinggitPlus, get approved, activate & spend RM3,000 in 60 days (promo 19 Oct–2 Nov 2026)
- HSBC MalaysiaHSBC Visa Signature Credit Card
🎁 RM3,888 TnG e-wallet credit (every 38th qualified applicant, capped 3 units) or guaranteed RM500 TnG e-wallet credit — apply via RinggitPlus, get approved, activate & spend RM3,000 in 60 days (promo 19 Oct–2 Nov 2026)
- RHB BankRHB Shell Visa Credit Card
🎁 Up to RM225 cashback — RM25 on activation + any spend, plus up to RM200 on eligible spend entries (within 60 days of approval)
- RHB BankRHB Cash Back Visa Credit Card
🎁 Up to RM225 cashback — RM25 on activation + any spend, plus up to RM200 on eligible spend entries (within 60 days of approval)
- RHB BankRHB Rewards Visa / Mastercard
🎁 Up to RM225 cashback — RM25 on activation + any spend, plus up to RM200 on eligible spend entries (within 60 days of approval)
- RHB BankRHB Visa Signature
🎁 Up to RM225 cashback — RM25 on activation + any spend, plus up to RM200 on eligible spend entries (within 60 days of approval)
- RHB BankRHB World Mastercard
🎁 Up to RM225 cashback — RM25 on activation + any spend, plus up to RM200 on eligible spend entries (within 60 days of approval)
🎁 Up to RM225 cashback — RM25 on activation + any spend, plus up to RM200 on eligible spend entries (within 60 days of approval)
- UOB BankUOB ONE Card
🎁 Up to RM138 cashback — RM88 for RM200 retail spend in 60 days + up to RM50 more for setting up 1 eligible recurring payment (insurance or telco/utilities) within 60 days (both to 31 Dec 2026); plus 2-year annual fee waiver — official UOB welcome offer
- UOB BankUOB Simple Card
🎁 RM88 cashback — spend RM200 in 60 days + up to RM50 more for setting up 1 eligible recurring payment (insurance or telco/utilities) within 60 days (both to 31 Dec 2026); no annual fee waiver (UOB Simple Card excluded) (via UOB site)
- UOB BankUOB Visa Infinite Card
🎁 RM88 cashback — spend RM200 in 60 days + up to RM50 more for setting up 1 eligible recurring payment (insurance or telco/utilities) within 60 days (both to 31 Dec 2026); plus 1-year annual fee waiver — official UOB welcome offer
- UOB BankUOB Lady's Card
🎁 RM88 cashback — spend RM200 in 60 days + up to RM50 more for setting up 1 eligible recurring payment (insurance or telco/utilities) within 60 days (both to 31 Dec 2026); plus 1-year annual fee waiver — official UOB welcome offer
- UOB BankUOB World Card
🎁 RM88 cashback — spend RM200 in 60 days + up to RM50 more for setting up 1 eligible recurring payment (insurance or telco/utilities) within 60 days (both to 31 Dec 2026); plus 1-year annual fee waiver — official UOB welcome offer
- UOB BankUOB PRVI Miles Elite Card
🎁 RM88 cashback — spend RM200 in 60 days + up to RM50 more for setting up 1 eligible recurring payment (insurance or telco/utilities) within 60 days (both to 31 Dec 2026); plus 1-year annual fee waiver — official UOB welcome offer
- UOB BankUOB EVOL Card
🎁 RM88 cashback — spend RM200 in 60 days + up to RM50 more for setting up 1 eligible recurring payment (insurance or telco/utilities) within 60 days (both to 31 Dec 2026); plus 1-year annual fee waiver — official UOB welcome offer
- alrajhi bank MalaysiaAl Rajhi Visa Platinum Credit Card-i
🎁 RM100 cashback — apply 13 Jul–31 Oct 2026 and spend a cumulative RM1,500 within 40 days of card approval (while the cashback pool lasts)
- alrajhi bank MalaysiaAl Rajhi Visa Signature Credit Card-i
🎁 RM150 cashback — apply 13 Jul–31 Oct 2026 and spend a cumulative RM2,000 within 40 days of card approval (while the cashback pool lasts)
Promotions are time-limited and subject to the issuer's terms — always confirm the current offer and eligibility with the bank or programme before applying. Not financial advice.
Points → Miles Calculator
Turn your card points into Enrich, KrisFlyer, Asia Miles & AirAsia — and see how far they fly you in Business Class. 🏝️
Every card's top rate, max cashback a month & categories — filter by petrol, groceries…
Two cards, every field — cashback, caps, fees, perks & fine print.
Browse by category
Minimum income, fees and perks at a glance
All 95 cards open to new applications from 18 banks, grouped by the income the bank asks for. Updated 13 October 2026.
| Minimum income (a year) | Cards | Free for life | Lounge access | Islamic | Annual fee (if charged) | Examples |
|---|---|---|---|---|---|---|
| RM24,000Platinum / Gold | 23 | 12 | 1 | 5 | RM70 – RM200 | CIMB Cash Rebate Platinum Credit Card · Alliance Bank Visa Virtual |
| RM24,001 – RM36,000Gold / Platinum | 14 | 8 | 2 | 4 | RM90 – RM388 | Maybank 2 Gold Cards · Public Bank Quantum Visa / Mastercard |
| RM36,001 – RM60,000Platinum / Signature | 18 | 6 | 7 | 3 | RM75 – RM600 | UOB Lady's Card · UOB World Card |
| RM60,001 – RM100,000Infinite / World | 21 | 7 | 17 | 2 | RM250 – RM800 | CIMB Travel World Credit Card · Public Bank Visa Signature |
| Above RM100,000Infinite / Elite | 19 | 8 | 17 | 4 | RM240 – RM3,000 | Maybank World Elite Mastercard · HSBC TravelOne Credit Card |
RM24,000 a year is Bank Negara's minimum for a principal cardholder. The fee range covers cards that charge a fee; every one of them publishes a waiver rule - see the card's page.
Credit Card Community 💬
Which card gives you the best cashback or miles? Share tips, ask about approvals and compare experiences.
💬 Discussion (6)
Live · last activity 6d ago
How to Choose the Best Credit Card in Malaysia
Eight things that decide whether a card pays off, with the numbers taken from the 95 cards we track today. Tools: cashback cards at a glance, the points-to-miles calculator and the card changes tracker. How we work: editorial standards.
A card is only as good as the categories it rewards. 37 of the 95 cards we track are cashback cards, 34 earn points and 19 earn air miles. Petrol, groceries, dining and online shopping each have a ranked page of their own (the category chips above), and the cashback page lists every card's top rate and monthly cap side by side.
Of the 31 cashback cards with a published cap, the median published cap is RM35 a month (some apply per spending category); the highest is RM100 (Affin Bank AFFIN Duo+ Visa). Divide the cap by the rate to see the spend that earns it: a 5% card capped at RM50 stops paying after RM1,000 a month. Spend more than that and a lower rate with a higher cap earns you more.
Bank Negara sets RM24,000 a year (RM2,000 a month) as the minimum for a principal cardholder, and 23 cards accept exactly that - 12 of them free for life. By tier, the income banks ask for runs: Gold RM24,000–RM36,000, Platinum RM24,000–RM102,000, Signature RM36,000–RM102,000, World RM60,000–RM100,000, Infinite RM60,000–RM240,000, Elite RM100,000–RM250,000. The highest requirement on our list is RM250,000 (CIMB Travel World Elite Credit Card). Earn RM36,000 or less and Bank Negara limits you to two issuers, with a credit limit of at most twice your monthly income at each.
The other 54 charge a fee - anything from under RM100 to RM3,000 - and all of them publish a waiver rule: typically the first year free, then waived with a minimum yearly spend or a set number of swipes, and premium cards are often waived for priority-banking clients. Each card's waiver rule is spelled out on its page and in the grid above, and our changes tracker logs when a bank quietly moves the goalposts.
44 cards include airport lounge access and 48 bundle travel insurance when the fare is charged to the card. The lowest income requirement with lounge access is RM24,000 a year (CIMB Travel Platinum Credit Card, free for life). Entry-level lounge cards usually tie the free visits to a minimum spend, and most allowances cover the principal cardholder only - the lounge-access ranking lists them with the income requirement next to each card.
Islamic cards - the "-i" cards - charge no interest (riba); the bank earns a Shariah-compliant fee or profit rate on the outstanding balance instead. Cashback, lounge access and fee waivers work the same way as on conventional cards, so compare them on the same numbers. Several banks issue both versions of the same card.
A points card only beats cashback if you actually convert and fly. Earn rates run from about one point per ringgit on everyday spend to several times that overseas, and each airline programme converts at its own ratio - the points-to-miles calculator above turns a card's rate into miles for Enrich, KrisFlyer, Asia Miles and the other programmes so you can weigh it against a plain cashback card.
Fees, waiver rules, income requirements and caps are checked on each bank's own product page, and every edit is dated in the card changes tracker. Category rankings order cards by headline reward, breadth of benefits and how accessible the income requirement is, with cards no longer open to new applications at the bottom. Partner links never change the order. Last data change: 13 October 2026.
Credit Cards Malaysia — FAQ
Our picks this month, one per category: UOB ONE Card for cashback, CIMB Cash Rebate Platinum Credit Card for petrol, CIMB Travel World Credit Card for air miles, Maybank 2 Gold Cards free for life, Al Rajhi Visa Signature Credit Card-i for a Shariah-compliant card. Each is the top card in its category's ranking and open to new applications, and the fee, income requirement and cap on every one were checked on the bank's own page (last data change 13 October 2026).
The top of our cashback ranking this month is the UOB ONE Card: Up to 10% cashback on petrol, groceries, dining & Grab (cap RM15/category/mo). The right one for you depends on where you spend and how much: check the monthly cap against your actual spend, because a 5% card capped at RM50 pays nothing beyond RM1,000 a month. The cashback page compares every card's rate, cap and categories.
41 of the 95 cards we track are free for life - Maybank has the most, with 8. Most other cards waive the fee once you hit a minimum yearly spend or number of swipes. Filter the grid above by "no annual fee", or open the no-annual-fee ranking, to see the current free-for-life cards.
RM24,000 a year (RM2,000 a month) - Bank Negara's floor for a principal cardholder - and 23 cards on our list accept it. Higher tiers ask for more: Gold RM24,000–RM36,000, Platinum RM24,000–RM102,000, Signature RM36,000–RM102,000, World RM60,000–RM100,000, Infinite RM60,000–RM240,000, Elite RM100,000–RM250,000. Each card's income requirement is shown in the comparison above and on its page.
Not as a principal cardholder - no Malaysian bank can issue one below Bank Negara's RM24,000-a-year minimum, and you must be at least 21. The usual routes are a supplementary card on a parent's or spouse's account, a debit card, or a credit card secured against a fixed deposit at the banks that offer one.
If you earn RM36,000 a year or less, Bank Negara limits you to cards from two issuers, each with a credit limit of at most twice your monthly income. Above RM36,000 there is no regulatory cap on the number of cards; each bank sets your limit from its own assessment of your income and commitments.
Banks don't publish approval rates, so no site can honestly rank cards by approval odds. The lowest bar is the 23 cards at the RM24,000 income floor (12 of them free for life - see the beginners ranking); whether you are approved then depends on your income documents, your CCRIS record and your existing commitments, not on which of those cards you pick.
Pick cashback if you want simple savings on everyday spending like petrol, groceries and dining. Pick air miles if you fly often and will actively redeem miles for flights or upgrades - miles can give more value per ringgit for frequent travellers, but only if you redeem them. The points-to-miles calculator shows what a card's points are worth in miles.
Yes - the 18 Islamic cards on our list (the "-i" cards) charge no conventional interest (riba). The bank earns a Shariah-compliant fee or profit rate on the outstanding balance instead, so compare the effective cost with a conventional card the same way. Cashback, lounge access and fee waivers work the same.
44 cards on our list include lounge access. The lowest income requirement among them is RM24,000 a year (CIMB Travel Platinum Credit Card, free for life). Visit allowances and the minimum spend that unlocks them vary by card - the lounge-access ranking lists all of them with the income requirement next to each.
Our picks for October 2026
fees, income and caps verified on each bank's pageThe top card in each ranking, open to new applications today. Tap a category for the full ranked list.
Up to 10% cashback on petrol, groceries, dining & Grab (cap RM15/category/mo)
Annual fee RM195, Waived with RM20,000/yr spend (1-year waiver for new cards) · min income RM36,000/yr
🎁 Up to RM138 cashback — RM88 for RM200 retail spend in 60 days + up to RM50 more for setting up 1 eligible recurring payment (insurance or telco/utilities) within 60 days (both to 31 Dec 2026); plus 2-year annual fee waiver — official UOB welcome offer
Up to 8x CIMB Points per RM1 overseas spend
Annual fee RM554.72, 100% waived at RM120,000+/yr spend; 50% waived at RM60,000+/yr; none below RM60,000/yr · min income RM100,000/yr
Up to 5% cashback on petrol & groceries (capped RM30/mo)
No annual fee · min income RM24,000/yr
Rates.my is an independent comparison site — not affiliated with, sponsored by, or endorsed by any bank or card issuer. Card names and logos are the property of their respective owners and are used for identification only. Some “Apply” links are partner links — we may earn a commission if you're approved, at no extra cost to you, and it never affects our rankings or what you pay. Details are indicative; always confirm current terms with the bank before applying. Spotted an error or need a correction or takedown? Contact Raymond at raymond@rates.my.
Latest analysis
Recent Rates.my reporting on this topic.