Public Bank Visa Platinum
0.2% unlimited Cash MegaBonus on every Ringgit spent, local & overseas
Apply for Public Bank Visa Platinum →Last updated 7 August 2026 · Reviewed by Raymond, Rates.my
Public Bank Public Bank Visa Platinum overview
The Public Bank Public Bank Visa Platinum is a Platinum-tier Visa cashback card built around cashback. 0.2% unlimited Cash MegaBonus on every Ringgit spent, local & overseas. It best suits middle-income earners, with a minimum income requirement of RM50,000 a year. It carries no annual fee. Standout perks include complimentary travel insurance.
Features & benefits
- ✓0.2% unlimited Cash MegaBonus on local and overseas retail purchases, no cap
- ✓Up to RM500,000 travel insurance coverage
- ✓First-year annual fee waived; subsequent years waived with min. 12 swipes/yr
- ✓35% discount on will/wasiat writing via PB Trustee Services
Is the Public Bank Visa Platinum worth it?
The Public Bank Visa Platinum is best suited to middle-income earners — its minimum income requirement is RM50,000 a year (about RM4,167 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
- +Complimentary travel insurance
- −Top cashback applies only to specific categories (flat-rate, no categories)
- −Like any credit card, finance charges apply if you don't pay the balance in full each month
Cashback at a glance
The top rate rewards one main category — great only if that fits your spending. 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 Visa Platinum, in plain language — so nobody gets caught out. Always confirm against the official terms.
- What's excluded
- Not disclosed on the official product page or general credit-card PDS as of this check — Public Bank publishes a standard exclusion list referenced on the card page but the categories aren't itemised publicly.
- How the cap works
- 0.2% Cash MegaBonus is described as unlimited (no cap) on both local and overseas retail purchases.
- Foreign transaction fee
- 1.25% foreign-exchange spread on the converted Ringgit amount (Visa International/Mastercard Worldwide rate), per the general PB Credit Card PDS.
- Fee waiver
- First-year annual fee waived; subsequent years' RM333 fee waived with a minimum of 12 transactions over the preceding 12 months.
- ⚠This card was a points-earning card in an earlier revision (5x/1x Rewards Points); as of this check it has been revamped into a flat 0.2% cashback card ("Cash MegaBonus") — verify you're looking at current terms if comparing older reviews
- ⚠Minimum income requirement is RM50,000/yr, higher than some other PB entry-level cards
Verified 23 July 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 Visa Platinumterms & product disclosure →Public Bank Visa Platinum FAQ
You need a minimum annual income of RM50,000 (about RM4,167 a month). Public Bank also considers your overall credit standing.
No — the Public Bank Visa Platinum is free for life with no annual fee.
It earns up to 0.2% cashback on flat-rate, no categories. 0.2% unlimited Cash MegaBonus on every Ringgit spent, local & overseas.
No — the Public Bank Visa Platinum 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 "0.2% unlimited Cash MegaBonus on every Ringgit spent, local & overseas". 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 Visa Platinum 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 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.