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Min. Income RM5,000 /month Annual Fee Free* Cashback No
Min. Income RM5,000 /month Annual Fee Free Cashback up to 5%
Min. Income RM3,000 /month Annual Fee Free Cashback No
Min. Income RM2,000 /month Annual Fee Free Cashback No
Your personal information is protected by the PDPA
Haven’t received a message from us?
Chat on WhatsApp now We respect your privacy and we are committed to handle your personal information safely and responsibly
Open to all faiths and backgrounds, Bank Rakyat credit cards cater to all segments of the economy.
Whether you are just starting out or already a high earner, Bank Rakyat understands your needs, expectations and limitations.
Here are some features and benefits offered by Bank Rakyat credit cards:
When you apply for a Bank Rakyat card, you will get a Shariah-compliant credit card that follows the rules of Islamic finances. That means, there is no riba’ or no compounding element on your credit.
Plus, you will save a lot of money when spending with Bank Rakyat cards as they offer among the lowest profit rates (between 13.5% p.a. to 17% p.a.) in the market.
Since it abides by Shariah laws, the bank ensures a 0% markup rate for overseas transactions, which means it does not charge additional fees on currency exchange.
You will also be pleased to know that all Bank Rakyat credit cards' annual fees are waived with no conditions whatsoever.
The same goes for the Bank Rakyat Platinum Credit Card for the first year only; for the second year onward, you just make at least one transaction or charge a minimum of RM0.01 in a year to waive the annual fee.
Enjoy a unique credit card rewards program where you can earn 1 Rakyat Reward for every RM10 spent on your credit card.
These reward points can be converted into cash at the rate of RM0.10 per 10 points. That’s not all, Bank Rakyat also rewards you with a profit rebate of up to 3%. Isn’t that great?
You can redeem your Rakyat Rewards and Profit Rebate to redeem umrah or travel packages.
Or, you can redeem them as cash via cheque, credit to your Bank Rakyat Savings Account, or credit to your Bank Rakyat account to reduce your outstanding balance.
All Bank Rakyat credit cards are offering a FREE Group Family Takaful Coverage of up to RM200,000 that covers death and permanent disability.
In addition, you will receive a Compassionate Allowance of RM1,000 for funeral expenses.
Can’t find your Bank Rakyat credit card? Don’t panic as you can reach out to Bank Rakyat Cards Centre at 03 2692 4600 to report a stolen or lost credit card.
If you’ve got any questions or a complaint, just phone the Bank Rakyat 24-hour hotline at 03 2693 6880.
If you are looking for the lowest rates and most flexible repayment balance transfer plan, the Bank Rakyat balance transfer plan is the answer.
You can transfer up to 100% of your credit card limit, with no lock-in period and no early settlement fee.
BANK RAKYAT BALANCE TRANSFER PLAN | ||
---|---|---|
Tenure | Interest Rate | Min. Transfer |
3 months | 3% p.a. | RM1,000 |
12 months | 13.5% p.a. | RM1,000 |
We don't call the Bank Rakyat balance transfer plan "flexible" without any reason.
The plan allows you to pay off your debt early without any charge. Therefore, remember to pay your bill on time!
There are a few types of Bank Rakyat credit cards that you can find in Malaysia, such as:
Anyone aged between 21 years old to 65 years old, with a minimum income of RM24,000 annually is eligible to apply for a primary Bank Rakyat card.
For a Bank Rakyat supplementary credit card, you must be at least 18 years old.
*Please note that the minimum income requirement for expatriates might be different.
To get approved on your credit card application, you must prepare several general documents below:
DOCUMENTS FOR BANK RAKYAT CREDIT CARD APPLICATION | ||
---|---|---|
Salaried Employee | Self-employed | Expatriate |
✔ Copy of IC (front & back) or Passport ✔ Copy of latest salary slip ✔ Copy of the latest EA form and EPF statement | ✔ Copy of IC (front & back) or Passport ✔ Copy of Business Registration Certificate ✔ Latest 3-month bank statement ✔ Form B | ✔ Copy of Passport ✔ Copy of Bank Rakyat Savings Account ✔ Copy of Letter of Confirmation from employer |