Public Bank Quantum Visa / Mastercard
2% cashback overseas (MC) / 1% contactless (Visa), capped RM20/mo
Apply for Public Bank Quantum Visa / Mastercard →Last updated 21 September 2026 · Reviewed by Raymond, Rates.my
Public Bank Quantum Visa / Mastercard overview
The Public Bank Public Bank Quantum Visa / Mastercard is a Card-tier Mastercard cashback card built around cashback. 2% cashback overseas (MC) / 1% contactless (Visa), capped RM20/mo. It best suits middle-income earners, with a minimum income requirement of RM36,000 a year. It carries no annual fee.
Features & benefits
- ✓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
- ✓Permanently free — no annual fee ever
Is the Public Bank Quantum Visa / Mastercard worth it?
The Public Bank Quantum Visa / Mastercard 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.
- +Free for life — no annual fee
- +Up to 2% cashback on overseas (mastercard) / contactless (visa)
- −Cashback capped at RM20 a month
- −Top cashback applies only to specific categories (overseas (mastercard) / contactless (visa))
- −Like any credit card, finance charges apply if you don't pay the balance in full each month
Cashback at a glance
Small RM20/month cap — you'll hit the ceiling quickly. 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 — Public Bank sets the final approval criteria. Confirm current terms before you apply.
The fine print, decoded
The catches most people miss on the Public Bank Quantum Visa / Mastercard, in plain language — so nobody gets caught out. Always confirm against the official terms.
- What's excluded
- Only qualifying transactions of RM100 or more each earn cashback — contactless spend on the Quantum Visa and overseas spend on the Quantum Mastercard; everything else earns VIP Points (1x local, 2x overseas) instead.
- How the cap works
- Quantum Visa: 1% cashback on contactless transactions (min RM100 each), capped at RM20 per statement cycle. Quantum Mastercard: 2% on overseas transactions (min RM100 each), capped at RM20 per cycle. Caps are shared across principal and supplementary cards.
- Foreign transaction fee
- 1.25% foreign-exchange spread on the converted amount
- Fee waiver
- Free for life for principal and supplementary cards; exempt from the 12-swipe condition on other PB cards.
- ⚠Transactions under RM100 earn zero cashback — the minimum is per transaction, not per month
- ⚠The Visa's contactless rate was reduced from 2% to 1% in a feature revision — older reviews still show 2%
Verified 8 September 2026. Summarised in our own words from Public Bank's published terms — indicative only, and terms change. Read the official document before you apply.
📄 Official Public Bank Quantum Visa / Mastercardterms & product disclosure →Public Bank Quantum Visa / Mastercard FAQ
You need a minimum annual income of RM36,000 (about RM3,000 a month). Public Bank also considers your overall credit standing.
No — the Public Bank Quantum Visa / Mastercard is free for life with no annual fee.
It earns up to 2% cashback on overseas (mastercard) / contactless (visa), capped at RM20 a month. 2% cashback overseas (MC) / 1% contactless (Visa), capped RM20/mo.
No — the Public Bank Quantum Visa / Mastercard is a conventional credit card. Check with Public Bank for any Islamic (card-i) equivalent.
It's a good fit for middle-income earners who want cashback — its main draw is "2% cashback overseas (MC) / 1% contactless (Visa), capped RM20/mo". With no annual fee, there's little downside to holding it. Compare it with the related cards below before applying.
See how the Public Bank Quantum Visa / Mastercard compares
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Rates, fees and promotions are indicative and time-limited — always confirm current terms with Public Bank before applying. Not financial advice. Rates.my is an independent comparison site, not affiliated with or endorsed by Public Bank; card names and logos belong to their respective owners. Spotted an error or need a correction or takedown? Contact Raymond at raymond@rates.my.