Al Rajhi Visa Platinum Credit Card-i
5% cashback on dining, groceries, online & utilities (capped RM30/mo)
Last updated 14 September 2026 · Reviewed by Raymond, Rates.my
Al Rajhi Visa Platinum Credit Card-i overview
The alrajhi bank Malaysia Al Rajhi Visa Platinum Credit Card-i is a Platinum-tier Visa cashback card built around cashback. 5% cashback on dining, groceries, online & utilities (capped RM30/mo). It best suits entry-level applicants and first-time cardholders, with a minimum income requirement of RM24,000 a year. It carries no annual fee. Standout perks include a Shariah-compliant structure.
Features & benefits
- ✓5% cashback on dining, groceries, online transactions & utility payments (capped RM30/month)
- ✓Unlimited 0.2% cashback on all other eligible retail purchases
- ✓Annual fee waived for life on both principal and supplementary cards
- ✓Shariah-compliant — structured under the Tawarruq concept
- ✓Open to applicants aged 21–65 earning from RM24,000 a year
Is the Al Rajhi Visa Platinum Credit Card-i worth it?
The Al Rajhi Visa Platinum Credit Card-i is best suited to entry-level applicants and first-time cardholders — its minimum income requirement is RM24,000 a year (about RM2,000 a month). As a cashback card, it works best for everyday spenders who want straightforward rebates on categories like petrol, groceries and dining.
- +Free for life — no annual fee
- +Up to 5% cashback on dining, groceries, online transactions & utility payments (5%, rm30/mo cap); 0.2% uncapped on all other eligible retail spend
- +Shariah-compliant — no conventional interest (riba)
- +Low income requirement — accessible to first-time applicants
- −Cashback capped at RM30 a month
- −Top cashback applies only to specific categories (dining, groceries, online transactions & utility payments (5%, rm30/mo cap); 0.2% uncapped on all other eligible retail spend)
- −Like any credit card, finance charges apply if you don't pay the balance in full each month
Cashback at a glance
Rewards everyday spending, up to RM30/month. The maximum is the published monthly cap; actual cashback depends on the exact eligible categories, exclusions and minimum-spend terms — confirm the fine print below before you apply.
Eligibility & how to apply
Requirements are general guidance — alrajhi bank Malaysia sets the final approval criteria. Confirm current terms before you apply.
The fine print, decoded
The catches most people miss on the Al Rajhi Visa Platinum Credit Card-i, in plain language — so nobody gets caught out. Always confirm against the official terms.
- How the cap works
- The 5% bonus rate on dining, groceries, online transactions and utility payments is capped at RM30 cashback a month; all other eligible retail spend earns 0.2% with no cap.
- Foreign transaction fee
- Foreign-currency spend is converted at Visa International's rate on the processing date, plus a 1.18% conversion mark-up charged by the bank, plus any Visa transaction fee.
- Fee waiver
- No annual fee at all — the Tariff & Charges schedule lists the Visa Platinum annual fee as waived for life, on both principal and supplementary cards.
- ⚠A RM25 card service tax applies per card on activation and on each activation anniversary — this is a government service tax, so a 'free for life' card still carries it.
- ⚠Late payment charge is 1% of the total outstanding balance or RM10, whichever is higher, capped at RM100.
Verified 13 September 2026. Summarised in our own words from alrajhi bank Malaysia's published terms — indicative only, and terms change. Read the official document before you apply.
📄 Official Al Rajhi Visa Platinum Credit Card-iterms & product disclosure →Al Rajhi Visa Platinum Credit Card-i FAQ
You need a minimum annual income of RM24,000 (about RM2,000 a month). alrajhi bank Malaysia also considers your overall credit standing.
No — the Al Rajhi Visa Platinum Credit Card-i is free for life with no annual fee.
It earns up to 5% cashback on dining, groceries, online transactions & utility payments (5%, rm30/mo cap); 0.2% uncapped on all other eligible retail spend, capped at RM30 a month. 5% cashback on dining, groceries, online & utilities (capped RM30/mo).
Yes — it is a Shariah-compliant card-i, which avoids conventional interest (riba) and instead uses a Shariah-approved fee structure.
It's a good fit for entry-level applicants and first-time cardholders who want cashback — its main draw is "5% cashback on dining, groceries, online & utilities (capped RM30/mo)". With no annual fee, there's little downside to holding it. Compare it with the related cards below before applying.
See how the Al Rajhi Visa Platinum Credit Card-i compares
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Rates, fees and promotions are indicative and time-limited — always confirm current terms with alrajhi bank Malaysia before applying. Not financial advice. Rates.my is an independent comparison site, not affiliated with or endorsed by alrajhi bank Malaysia; card names and logos belong to their respective owners. Spotted an error or need a correction or takedown? Contact Raymond at raymond@rates.my.