Best Credit Card Rewards for You

What Is a Rewards Credit Card?

A rewards credit card allows you to earn points on your purchases in specific categories. These points accumulate over time and can be redeemed for various gifts or special offers provided by the bank.

Is it worth getting a credit card with reward points?

Whether a rewards credit card is worth it depends on your spending habits and how you plan to use it. The best rewards credit cards typically offer two key benefits: generous reward points and valuable redemption options. To find the right one, choose a card that allows you to earn points quickly and offers great rewards that match your preferences.

How to choose the best credit card for reward points collection?

To maximize your rewards, select a credit card that offers a high points collection rate or multipliers.

For example, if a card gives you 1 reward point per RM1 spent, that’s decent—but wouldn’t it be better if you could earn more? Some credit cards offer higher reward points for specific spending categories, such as overseas transactions or online purchases.

For instance, the HSBC Visa Signature allows you to earn 8x reward points on international purchases made in foreign currencies and 5x reward points for shopping at selected local stores or online in Ringgit Malaysia.

Which rewards credit card should I get?

With so many options available, choose a rewards credit card that aligns with your lifestyle, spending habits, and income level.

While many people go for cards with the highest reward points, it’s even more beneficial to select one that rewards your frequent expenses—such as groceries, petrol, or dining.

The more you spend in these selected categories, the faster you accumulate points, which can later be redeemed for air miles, shopping vouchers, gadgets, household items, and more!

By using a rewards credit card on selected spending categories, the higher you spend, the more reward points you're going to get.

When accumulated to a certain amount, you can redeem the points for air miles, shopping voucher(s), gadget(s), household items and so much more!

Best Rewards Credit Cards in Malaysia

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  1. Petronas Maybank Visa Gold
  This card offers up to 8x TreatsPoints for spending at PETRONAS stations and on groceries during weekends. It comes with no annual fees and provides global acceptance with access to numerous ATMs worldwide.
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  2. HSBC Platinum Credit Card
  The HSBC Platinum Credit Card allows cardholders to earn 5x reward points for every RM1 spent at supermarkets, making it beneficial for grocery purchases. Accumulated points can be redeemed for various rewards, including vouchers and merchandise.
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  3. Standard Chartered Visa Platinum
  This card offers 5x reward points for every RM1 spent on groceries at local supermarkets, enhancing rewards accumulation for everyday purchases. Additionally, it provides benefits such as cashback on other spending categories and access to exclusive promotions.
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  4. RHB Islamic Rewards Motion Code Credit Card-i
  The RHB Islamic Rewards Motion Code Credit Card-i is a Shariah-compliant card that offers reward points for various spending categories. It features an added security measure with a dynamic CVV code that changes periodically, enhancing online transaction security.
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  5. GSC - Hong Leong Gold Visa
  This card is tailored for movie enthusiasts, offering discounts and privileges at Golden Screen Cinemas (GSC). Cardholders can enjoy benefits such as discounted movie tickets, priority bookings, and exclusive promotions at GSC outlets.