Best Cashback Credit Cards in Malaysia 2026
Cashback cards put money straight back in your pocket on everyday spending. The best Malaysian cashback cards offer up to around 5–8% on categories like petrol, groceries and dining — often with no annual fee. Below are the top cashback cards ranked by their headline rate and overall value.
41 cards · ranked by value
10% cashback on petrol (capped RM20/mo)
Up to 10% cashback on petrol, groceries, dining & Grab (cap RM15/category/mo)
5% cashback on online spend, contactless & grocery
5% cashback on weekends: dining, groceries & petrol
Up to 60% dining cashback + unlimited lounge access
15% cashback on dining & petrol (capped RM100/mo)
12% cashback at Shell stations (capped RM30/mo)
Up to 10% cashback on 6 everyday categories (Islamic)
10% online + 5% e-wallet cashback for digital spenders
8% cashback on petrol at PETRONAS (capped RM50/mo)
8% cashback at PETRONAS (capped RM50/mo, RM3,000/mo spend)
8% cashback at PETRONAS stations (capped RM30/mo)
8% cashback on Grab, Shopee, Lazada & food delivery
8% cashback on dining, groceries & online spend (capped RM30/mo)
Up to 8% cashback on spend at sustainable merchants (capped RM80/mo)
8% cashback on petrol & groceries (capped RM50/mo)
Up to 8% cashback + global lounge access (Islamic)
5% cashback at Petron stations (capped RM30/mo)
5% cashback on petrol, groceries & utilities (capped RM50/mo)
5% cashback on groceries & petrol
5% cashback on dining, groceries & petrol (capped RM50/mo per category)
5% cashback on weekends: dining, groceries & petrol
Up to 5% cashback on dining, shopping & entertainment (capped RM30/category, max RM90/mo)
Up to 5% everyday cashback with free takaful (Islamic)
Up to 5% unlimited cashback on all retail spend
Up to 3% everyday cashback, low income entry (Islamic)
3% contactless cashback for everyday spend
2.5% cashback on Great Eastern insurance premiums
2% cashback on all online transactions (unlimited, no cap)
2% cashback on overseas & online spend
1.2% overseas cashback + RM2m travel insurance
Shariah-compliant credit-i facility
Affordable Islamic Platinum with cashback + takaful
Lifetime-free Islamic Infinite with lounge access
1X GrabRewards Points for every RM1 spend on Grab
8x BonusLink Points on weekend dining
Up to 5x Timeless Bonus Points per RM1 on dining, groceries & petrol
Up to 8x Timeless Bonus Points per RM1 on online spend
Up to 5X Shopee Coins when you spend on Shopee
Rebates on AIA insurance premium payments
5% Cash Back on petrol & groceries everyday (capped RM88/mo)
How we rank these cards
We shortlist cards relevant to cashback and order them by overall value — headline reward rate, the breadth of benefits, and how accessible the income requirement is — with featured cards surfaced first. Rates and promotions are indicative and time-limited; always confirm the latest terms with the bank before applying. Not financial advice.
Cashback credit cards — FAQ
Which cashback credit card has the highest rate in Malaysia?
Several cards offer up to around 5–8% cashback on specific categories such as petrol or e-wallet reloads, usually with a monthly cap. The best card depends on where you spend most — compare the rates and caps in the list above and match them to your top categories.
Is a cashback card better than a rewards points card?
Cashback is simpler and works for everyone — you get a direct rebate with no need to redeem points. Points and miles cards can give more value per ringgit, but only if you actively redeem them. If you want hassle-free savings on daily spending, cashback usually wins.
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