Bank Islam Visa Platinum Credit Card-i
Up to 5% everyday cashback with free takaful (Islamic)
Apply for Bank Islam Visa Platinum Credit Card-i →Last updated 7 August 2026 · Reviewed by Raymond, Rates.my
Bank Islam Bank Islam Visa Platinum Credit Card-i overview
The Bank Islam Bank Islam Visa Platinum Credit Card-i is a Platinum-tier Visa cashback card built around cashback. Up to 5% everyday cashback with free takaful (Islamic). It best suits middle-income earners, with a minimum income requirement of RM36,000 a year. It has an annual fee of RM388 (waived with 12 transactions/year). Standout perks include complimentary travel insurance, a Shariah-compliant structure.
Features & benefits
- ✓Up to 5% cashback on essentials (cap RM30/mo)
- ✓Free takaful incl. travel accident up to RM1m
- ✓20-day finance-charge-free period
Is the Bank Islam Visa Platinum Credit Card-i worth it?
The Bank Islam Visa Platinum Credit Card-i is best suited to middle-income earners — its minimum income requirement is RM36,000 a year (about RM3,000 a month). As a cashback card, it works best for everyday spenders who want straightforward rebates on categories like petrol, groceries and dining.
- +Annual fee waivable (waived with 12 transactions/year)
- +Up to 5% cashback on online, auto-bill, groceries, dining
- +Complimentary travel insurance
- +Shariah-compliant — no conventional interest (riba)
- −RM388 annual fee unless the waiver condition is met
- −Cashback capped at RM30 a month
- −Top cashback applies only to specific categories (online, auto-bill, groceries, dining)
- −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 — Bank Islam sets the final approval criteria. Confirm current terms before you apply.
The fine print, decoded
Before you apply, read Bank Islam's official terms & Product Disclosure Sheet — the cashback caps, category exclusions and fees are all set out there.
📄 Official Bank Islam Visa Platinum Credit Card-iterms & product disclosure →Bank Islam Visa Platinum Credit Card-i FAQ
You need a minimum annual income of RM36,000 (about RM3,000 a month). Bank Islam also considers your overall credit standing.
The annual fee is RM388, but it can be waived: waived with 12 transactions/year.
It earns up to 5% cashback on online, auto-bill, groceries, dining, capped at RM30 a month. Up to 5% everyday cashback with free takaful (Islamic).
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 middle-income earners who want cashback — its main draw is "Up to 5% everyday cashback with free takaful (Islamic)". Weigh the RM388 annual fee against how much you'll earn back. Compare it with the related cards below before applying.
See how the Bank Islam Visa Platinum Credit Card-i compares
This card features in our ranked shortlists — compare it against the best in each category:
Rates, fees and promotions are indicative and time-limited — always confirm current terms with Bank Islam before applying. Not financial advice. Rates.my is an independent comparison site, not affiliated with or endorsed by Bank Islam; card names and logos belong to their respective owners. Spotted an error or need a correction or takedown? Contact Raymond at raymond@rates.my.