Last updated: June 23, 2026 · Credit cards compared: 15 · Data source: Official bank product pages
Reviewed by Zia Shahid, Buzdy Banking Editor · Our methodology
? In this guide
Looking for the best credit card in Malaysia in 2026? We compared 15 credit cards from top banks in Malaysia to help you find the right one for your needs, income, and lifestyle.
This guide covers fees, interest rates, eligibility, rewards, and key benefits for every option. All data is sourced from official bank product pages and updated as of June 23, 2026. Every option is from a bank regulated by Bank Negara Malaysia (BNM).
Quick Comparison: All 15 Credit cards in Malaysia
Side-by-side comparison of every credit card option in Malaysia as of June 23, 2026. Tap any name for full details.
| Credit card | Bank | Rate / Eligibility | Top Features | Apply |
|---|---|---|---|---|
| 1. Alliance Bank Visa Classic | Alliance Bank Malaysia | 15% - 18% p.a. | — | View → |
| 2. Alliance Bank Visa Infinite | Alliance Bank Malaysia | 15% - 18% p.a. | — | View → |
| 3. Alliance Bank You:nique Rebates Card | Alliance Bank Malaysia | 15% - 18% p.a. | — | View → |
| 4. AmBank Cash Rebate Visa Platinum | AmBank | 15% - 18% p.a. | — | View → |
| 5. AmBank Enrich Visa Infinite | AmBank | 15% - 18% p.a. | — | View → |
| 6. AmBank Islamic Visa Platinum CARz Card-i | AmBank | 15% - 18% p.a. | — | View → |
| 7. AmBank Visa Platinum Card | AmBank | 15% - 18% p.a. | — | View → |
| 8. CIMB Cash Rebate Platinum | CIMB Bank | 1.50% per month | Shopping Discounts, Digital Wallet, Entertainment Be… | View → |
| 9. CIMB e Credit Card | CIMB Bank | 1.50% per month | Shopping Discounts, Digital Wallet, Chip/Pin, Supple… | View → |
| 10. CIMB Visa Signature | CIMB Bank | 1.50% per month | Shopping Discounts, Travel Benefits, Lounge Access, … | View → |
| 11. CIMB World Mastercard | CIMB Bank | 1.50% per month | Shopping Discounts, Travel Benefits, Dinning Benefit… | View → |
| 12. Hong Leong Essential MC | Hong Leong Bank | 1.50% per month | Shopping Discounts, Digital Wallet, Chip/Pin, Supple… | View → |
| 13. Hong Leong Sutera Platinum | Hong Leong Bank | 1.50% per month | Shopping Discounts, Travel Benefits, Dinning Benefit… | View → |
| 14. Hong Leong Visa Infinite | Hong Leong Bank | 1.50% per month | Shopping Discounts, Travel Benefits, Lounge Access, … | View → |
| 15. Hong Leong Wise Gold | Hong Leong Bank | 1.50% per month | Shopping Discounts, Dinning Benefits, Digital Wallet… | View → |
Top 15 Credit Cards in Malaysia (2026)
1. Alliance Bank Visa Classic
Bank: Alliance Bank Malaysia
- Annual Fee: RM148/year from 2nd year (free 1st year)
- Interest Rate: 15% - 18% p.a.
- Rewards: 1X Timeless Bonus Points on all retail spend
- Interest Free Days: Up to 20 days
Entry-level Alliance Bank card with Timeless Bonus Points on every purchase. Low minimum income requirement makes it accessible for first-time cardholders. Includes EMV chip security, contactless paym
2. Alliance Bank Visa Infinite
Bank: Alliance Bank Malaysia
- Annual Fee: RM438/year (waived for Alliance Privilege or home-financing customers)
- Interest Rate: 15% - 18% p.a.
- Rewards: 10X TBP on overseas retail, 1X TBP on domestic — no cap, no expiry
- Interest Free Days: Up to 20 days
Premium card earning 10X Timeless Bonus Points per RM1 on overseas retail with no cap or expiry. Includes Plaza Premium Lounge access and 0% Flexi Payment Plan. Annual fee RM438 waived for Alliance Pr
3. Alliance Bank You:nique Rebates Card
Bank: Alliance Bank Malaysia
- Annual Fee: RM148/year from 2nd year (free 1st year; waived for Privilege customers)
- Interest Rate: 15% - 18% p.a.
- Interest Free Days: Up to 20 days
Earn up to 3% unlimited cashback on all retail spending with no merchant restrictions. Simple flat-rate cashback structure on petrol, groceries, dining and everything else. Annual fee RM148 from 2nd y
4. AmBank Cash Rebate Visa Platinum
Bank: AmBank
- Annual Fee: No annual fee for life
- Interest Rate: 15% - 18% p.a.
- Interest Free Days: Up to 20 days
Earn up to 10% cashback on petrol, groceries, dining and selected categories. No annual fee for life. Straightforward cash rebate structure ideal for everyday spending with automatic statement credits
5. AmBank Enrich Visa Infinite
Bank: AmBank
- Annual Fee: RM500/year (waived 1st year; waived with RM100K spend)
- Interest Rate: 15% - 18% p.a.
- Rewards: RM2 overseas/MAS = 1 Enrich Point; RM6 local = 1 Enrich Point
- Interest Free Days: Up to 20 days
Co-branded Malaysia Airlines card earning Enrich Points on every purchase. RM2 overseas or MAS spend = 1 Enrich Point. Unlimited complimentary Golden Lounge access, up to RM2M travel insurance, and 12
6. AmBank Islamic Visa Platinum CARz Card-i
Bank: AmBank
- Annual Fee: Free for life — no annual fee
- Interest Rate: 15% - 18% p.a.
- Interest Free Days: Up to 20 days
Shariah-compliant card offering up to 5% cash rebate on petrol (capped at RM80/month) with full payment, or 2% with minimum payment. Free for life with no annual fee conditions. Ideal for frequent dri
7. AmBank Visa Platinum Card
Bank: AmBank
- Annual Fee: No annual fee
- Interest Rate: 15% - 18% p.a.
- Rewards: 2X AmBonus Points on overseas retail spend
- Interest Free Days: Up to 20 days
Earn 2X AmBonus Points for every RM1 spent on overseas retail transactions. No annual fee for principal and supplementary cards. Redeem points for products, vouchers and air miles. Includes EMV chip s
8. CIMB Cash Rebate Platinum
Bank: CIMB Bank
- Interest Rate: 1.50% per month
- Salary/Eligibility: Not Required
- Benefits: Shopping Discounts, Digital Wallet, Entertainment Benefits, Chip/Pin, Supplementary Cards
Entry-level cashback card with up to 5% cashback on petrol, groceries, and cinema, no annual fee for life.
9. CIMB e Credit Card
Bank: CIMB Bank
- Interest Rate: 1.50% per month
- Salary/Eligibility: Not Required
- Benefits: Shopping Discounts, Digital Wallet, Chip/Pin, Supplementary Cards
Digital-focused card earning up to 12x bonus points on eDay for online shopping and e-wallet top-ups.
10. CIMB Visa Signature
Bank: CIMB Bank
- Interest Rate: 1.50% per month
- Salary/Eligibility: Not Required
- Benefits: Shopping Discounts, Travel Benefits, Lounge Access, Dinning Benefits, Digital Wallet, Lifestyle Privileges
Lifetime-free card with 2x bonus points on overseas spend, Sky Lounge access, and travel insurance up to RM300,000.
11. CIMB World Mastercard
Bank: CIMB Bank
- Interest Rate: 1.50% per month
- Salary/Eligibility: Not Required
- Benefits: Shopping Discounts, Travel Benefits, Dinning Benefits, Purchase Protection, Digital Wallet, Hotel Discounts & Offers
No-annual-fee card providing access to 1,000+ regional dining, retail, and lifestyle deals across Southeast Asia.
12. Hong Leong Essential MC
Bank: Hong Leong Bank
- Interest Rate: 1.50% per month
- Salary/Eligibility: Not Required
- Benefits: Shopping Discounts, Digital Wallet, Chip/Pin, Supplementary Cards
Simple unlimited-cashback card offering 0.5%-1% cashback on retail and travel with no monthly cap.
13. Hong Leong Sutera Platinum
Bank: Hong Leong Bank
- Interest Rate: 1.50% per month
- Salary/Eligibility: Not Required
- Benefits: Shopping Discounts, Travel Benefits, Dinning Benefits, Digital Wallet, Lifestyle Privileges, Chip/Pin
Rewards card earning up to 8x points on online shopping, groceries, and dining, redeemable for air miles.
14. Hong Leong Visa Infinite
Bank: Hong Leong Bank
- Interest Rate: 1.50% per month
- Salary/Eligibility: Not Required
- Benefits: Shopping Discounts, Travel Benefits, Lounge Access, Dinning Benefits, Digital Wallet, Hotel Discounts & Offers
Premium travel card with 4 Plaza Premium Lounge visits yearly, automatic Enrich Miles conversion, and RM2M travel insurance.
15. Hong Leong Wise Gold
Bank: Hong Leong Bank
- Interest Rate: 1.50% per month
- Salary/Eligibility: Not Required
- Benefits: Shopping Discounts, Dinning Benefits, Digital Wallet, Chip/Pin, Supplementary Cards
Weekend-focused cashback card offering up to 15% cashback on chosen spend categories with highest weekend rates.
7 Smart Tips Before You Apply
What banks won't put in their marketing — but every smart applicant should know.
- Compare APR, not just headline rates. The advertised "low interest" is usually a promo. The real cost is the Annual Percentage Rate (APR) after fees, balance transfer charges, and FX markups. A 1.5% monthly rate is actually ~19.6% APR.
- Read the small print on rewards. Banks advertise "5% cashback" but cap it at $20/month. After the cap, you earn 0.5%. Always check the monthly cap, eligible merchants, and minimum spend requirements.
- Know your credit profile before applying. Each rejected application damages your credit score. Use the bank's pre-qualification check (soft pull) before submitting a formal application (hard pull).
- Avoid cash advances at all costs. Cash advance APR is usually 5-10% higher than purchase APR, with no grace period and an upfront fee of 2-5% of the amount. Use only in emergencies.
- Set up direct debit for the full balance. Paying only the minimum (often 5% of balance) means interest accrues on the rest. A balance of $1,000 paid at minimum costs ~$1,400 in interest over 5 years.
- Use foreign-fee-free cards abroad. Standard cards charge 2-3% on every foreign transaction plus FX markup. Travel cards charge 0%. On a $3,000 holiday, that's $90 saved.
- Watch the annual fee waiver conditions. Many premium cards waive fees in year 1 only or require a minimum annual spend (e.g. $5,000) to keep the waiver. Set a reminder before renewal.
Common Mistakes to Avoid
The five most expensive errors people make with credit cards:
- Applying for too many cards at once. Each application is a hard credit pull. 3+ pulls in 6 months drops your score 30-50 points. Space out applications by at least 90 days.
- Only paying the minimum. If you have $5,000 balance at 24% APR and pay only the minimum (5%), you'll pay $1,500+ in interest before clearing the debt. Always pay in full when possible.
- Ignoring the fine print on welcome bonuses. "Get $200 cashback!" usually requires spending $3,000 in 90 days. Read the qualifying spend, the eligible categories, and the payout timeline.
- Not using benefits you've already paid for. If you pay a $400 annual fee for a card with airport lounge access, lost-baggage insurance, and concierge — use them. Most users don't claim 80% of what they paid for.
- Treating credit cards as free money. They're high-cost short-term loans. The minimum payment cycle is designed to keep you indebted for 7-10 years on average.
How to Choose the Right Credit card in Malaysia
- Annual fees — compare across banks, some offer zero fee for the first year
- Interest rates — lower rates save money if you carry a balance
- Rewards and benefits — match to your spending habits
- Eligibility — salary and documentation requirements vary by bank
- Digital access — mobile app, internet banking, contactless payments
- Customer support — 24/7 helpline, branch network, dispute resolution time
- Regulation — all products listed are from banks regulated by Bank Negara Malaysia (BNM)
Frequently Asked Questions: Credit cards in Malaysia
What is the best credit card in Malaysia for 2026?
The best credit card depends on your priorities — income level, spending habits, and eligibility. Use the comparison table above to filter by rate, benefits, and bank. For premium benefits with worldwide acceptance, look at Platinum tier cards. For low income requirements, classic tier cards offer easier eligibility. Compare all 15 options on this page.
What credit score do I need for a credit card in Malaysia?
Most banks in Malaysia require a clean credit history with no defaults in the last 5 years. Premium products typically require higher monthly income. Each bank publishes its own minimum on the product page.
Can I apply online for a credit card in Malaysia?
Yes, most major banks in Malaysia now offer fully online applications. Tap "View" on any credit card above to start the application process directly with the bank.
What documents do I need?
Standard documents: valid government ID, tax identification number, proof of address (utility bill or rental agreement), latest 3 months of payslips (for salaried applicants) or 6 months of bank statements (self-employed), and a recent passport-size photograph. Exact requirements vary by bank.
Are these credit cards regulated and safe?
Yes — all 15 options listed are from banks regulated by Bank Negara Malaysia (BNM). Consumer disputes can be escalated to the regulator if a bank does not resolve the issue.
What are the typical fees in Malaysia?
Fees vary by tier and bank: classic cards typically RM 0–1,500/year, gold RM 1,500–3,000, platinum RM 3,000–10,000. Many banks waive the first year. Always check the product page for the exact fee schedule.
Can I get a credit card if I am self-employed in Malaysia?
Yes. Self-employed applicants typically need: business registration, latest tax returns, 6 months of bank statements, and audited financials (for higher tiers). Approval rates are lower than for salaried applicants but several banks specifically cater to small business owners.
What happens if I default on payments?
Missed payments trigger late fees (typically RM 500–2,000), a credit-score drop, and a higher interest rate going forward. After 90 days of non-payment, the account goes to collections and is reported to credit bureaus. Contact your bank BEFORE missing a payment if you have trouble — most banks offer hardship plans.
Related Guides for Malaysia
- All banks in Malaysia
- Bank branches across Malaysia
- Credit Cards In Malaysia 2026
- Personal Loans In Malaysia 2026
- Savings Accounts In Malaysia 2026
- Malaysia EMI calculator
- Malaysia savings calculator
How We Compare
Our editorial team reviews each product based on annual fees, interest rates, rewards programs, eligibility requirements, and verified bank disclosures. We update this comparison regularly to reflect the latest offers. Data is sourced from official bank websites and verified where regulatory filings are publicly available.
Buzdy compares products from 555 banks across 51 countries. We are not affiliated with any single bank — our rankings are based on objective criteria outlined in our methodology.
Disclosure: Buzdy may earn a referral commission when you apply through links on our site. Commissions never influence rankings. Read our full editorial standards.
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