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.
Quick answer: the best cashback credit card right now is the UOB ONE Card — Up to 10% cashback on petrol, groceries, dining & Grab (cap RM15/category/mo).
37 cards · ranked by overall value
Up to 10% cashback on petrol, groceries, dining & Grab (cap RM15/category/mo)
Up to 5% cashback on petrol & groceries (capped RM30/mo)
5% weekend cashback on all purchases except government bodies & utilities
2% cashback overseas (MC) / 1% contactless (Visa), capped RM20/mo
Up to 15% cashback on dining (10% groceries/petrol, capped RM15–20/mo/category)
15% cashback on petrol, groceries & dining (min RM2,500/mo spend, capped RM40/mo)
Up to 12% cashback at PETRONAS/Setel (RM4,000+ statement balance; 6% below that), capped RM60/mo
12% cashback at Shell stations (capped RM30/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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