Best Credit Cards in Malaysia (2025)
We've compared 5+ credit cards from Malaysian banks to help you find the best cashback, rewards, or travel card for your lifestyle. Updated March 2025.
| Product | Cashback / Rewards | Annual Fee | Min. Income | Foreign TXN Fee | Touch 'n Go | Airport Lounge | Rating | Action |
|---|---|---|---|---|---|---|---|---|
Maybank 2 Gold CardsBest Value | 5% weekends | RM0 (waived) | RM24,000/yr | 1% | ✓ | ✗ | ★★★★ ★ | Apply Now → |
CIMB Cash Rebate PlatinumMost Popular | Up to 10% | RM0 (waived) | RM24,000/yr | 1% | ✓ | ✗ | ★★★★ ★ | Apply Now → |
RHB Visa Signature | 2% all categories | RM0 (waived) | RM36,000/yr | 1% | ✓ | ✗ | ★★★★ ★ | Apply Now → |
Alliance Bank Visa Infinite | 3% all spend | RM636/yr | RM100,000/yr | 0.5% | ✗ | ✓ | ★★★★ ★ | Apply Now → |
AmBank Islamic Gold Visa | 1.5% everyday | RM0 (waived) | RM18,000/yr | 1.5% | ✓ | ✗ | ★★★ ★ ★ | Apply Now → |
How We Ranked These Cards
Our ranking methodology weighs: effective cashback/reward rate (40%), annual fee value (25%), eligibility accessibility (20%), and additional perks (15%). Cards are only included if they are currently accepting applications.
What to Look for in a Malaysian Credit Card
- Cashback vs Points: Cashback is simpler and always valuable. Points/miles suit frequent travellers.
- Annual fee waiver: Most Malaysian banks waive fees if you meet minimum spend (typically RM12,000–RM24,000/yr).
- Foreign transaction fee: If you shop online in USD/GBP, this matters — ranges from 0.5% to 1.5%.
- Minimum income: Most cards require RM24,000/yr. Premium cards require RM60,000–RM100,000/yr.
Frequently Asked Questions
Which credit card gives the most cashback in Malaysia?
For most users, CIMB Cash Rebate Platinum offers up to 10% cashback on specific categories (petrol, groceries, utilities). However, the Maybank 2 Gold Cards offer a simpler 5% on weekends with no category restriction.
Can I apply for a credit card with a RM2,000/month salary?
Yes. Most entry-level credit cards require RM2,000/month (RM24,000/yr). AmBank and Affin Bank have cards available from RM1,500/month.
Is it worth paying for a premium card with an annual fee?
Only if the benefits (lounge access, higher cashback, travel insurance) exceed the annual fee cost. For most Malaysians spending under RM5,000/month, a waived-fee card is better value.