Where Luxury Meets Convenience: 5 Premium Credit Cards and Their Unique Benefits

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Where Luxury Meets Convenience: 5 Premium Credit Cards and Their Unique Benefits

A good credit card can make your life convenient. However, a great credit card can do wonders for you! We’re talking about the premium credit cards here. Yes, they are probably not meant for the average joe, but the wide array of unique features and benefits they offer do makeup for their high-income requirements or annual fee.

More significantly, these super cards not just enhance your lifestyle but also recognise the amount of hard work you’ve put in to reach where you are. Come on, you deserve something special!

Read on as we take a look at 5 such premium credit cards (in no particular order) and talk about their unique benefits.

1. Citi Prestige Card

Image source: BBazaar

Enter the world of unique benefits and personalised privileges with the Citi Prestige Card (full review here). While you can earn unlimited reward points with this card which can be redeemed for instant rewards, lifestyle products, catalogue items, air miles, hotel loyalty points, or even to offset previous purchases, you’re also assured peace of mind with features like travel insurance coverage, purchase protection and concierge services.

What you’ll love about this credit card:

  • Earn unlimited 2x Citi Rewards for transactions in a foreign currency and 1x points for local spends. Also, these reward points never expire
  • Get 250,000 “Sign On Welcome” points, and additional relationship bonus points (up to 40%) based on the number of years you’ve been with Citi and your annual spend
  • Enjoy a complimentary night at any hotel of your choice with a minimum 4-consecutive-nights stay. Click here for more information
  • Stay protected with complimentary travel insurance cover with personal accident benefit of up to US$1,000,000
  • Enjoy unlimited access to more than 800 VIP lounges in major airports around the world with a complimentary Priority Pass membership
  • Get access to exclusive events such as fashion shows, musical concerts and movie premieres
  • Enjoy exciting offers and privileges at more than 24,000 outlets in Malaysia and across the world with the Citi World Privileges
  • Exclusive Citi Prestige Concierge to handle all your lifestyle requests in Malaysia and overseas
  • Get 1-for-1 Gold Class tickets for movie screenings on weekends—Saturdays and Sundays—at selected Golden Screen Cinemas’ outlets. This offer is valid until 31 March 2019
  • Make the most of complimentary Wi-Fi access at more than 1 million hotspots around the world with a Boingo account. This offer is valid until 31 December 2018

Keep in mind

  • The minimum income requirement to apply for this card is RM200,000 p.a. and the annual fee is RM1, 000 (exclusive of taxes)
  • Citi Gold members with any Citi credit card should spend at least RM6,000 within 2 months of approval to avail the sign-up bonus points (non-Citi Gold members need to spend RM12,000 within 2 months of approval)
  • Complimentary lounge access is for international flights only

Liked this card? Apply for it now on BBazaar and get an exciting free gift!

Citi Prestige Card
Card Type : Rewards
Bbazaar promotion : PARKSON Gift Voucher worth RM150. T&Cs apply
Apply Now
  • Earn 2 Citi Rewards points for every RM1 equivalent spent in foreign currencies

    Earn 1 Citi Rewards point for every RM1 spent locally on eligible transactions

    Complimentary night at any hotel you choose with a minimum stay of 4 consecutive nights

    Complimentary travel insurance cover with personal accident benefit of up to US$ 1 million

  • Minimum income – RM200,000 p.a

    Minimum age – 21 years old

    For Salaried Employees: A copy of MyKad (both sides), last 2 months’ pay slips, or latest EPF statement, and latest EA form, or latest BE form with tax payment receipt, or last 3 months’ bank statement

    For Self-Employed Professionals: A copy of MyKad (both sides), a copy of the Business Registration form, and latest B form with tax payment receipt, or last 6 months’ bank statement

    For Salaried Expatriates: A copy of Passport, last 2 months’ pay slips, and letter of Employment, and work permit that is valid for 6 months or more at the time of application

  • Annual fee: Principal card – RM1,000 (with 0% GST). Supplementary card – Free for life

    Interest rates: 15-18% p.a.

Related: 5 Great Credit Cards with Monthly Income Requirement of RM5,000

2. Standard Chartered Priority Banking Visa Infinite

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The Standard Chartered Priority Banking Visa Infinite (full review here) rewards loyalty like few others in Malaysia. Not only you can earn up to 10x reward points on your purchases, but also loads of bonus points based on your relationship with the bank. And we haven’t even started counting the benefits yet.

What you’ll love about this credit card:

  • Earn 5x rewards points for overseas purchases and 1x points on local retail spends. Additional 10x reward points when you shop at partnering merchant outlets like Robinsons, Jaya Grocers, Armani Exchange, Calvin Klein and a lot more
  • Extra reward points per month based on the type of banking relationship with the Standard Chartered Bank Malaysia
  • Reward points can be redeemed for air miles of partnering frequent flyer programmes (Asia Miles, KrisFlyer, Enrich and AirAsia BIG) and free merchandise (categories include electronics, fashion, dining and home improvement)
  • Complimentary travel and medical insurance coverage of up to RM50,000 for principal cardholders
  • Unlimited complimentary access to over 1000 airport lounges globally via LoungeKey
  • Get up to RM80 cashback (12 times in a year) on your airport limousine or KLIA Ekspres ride home when you return from overseas travel
  • 20% off the best available rates for accommodation, dining, golf, or spa services at partnering Banyan Tree, Angsana, and Cassia Hotels and Resorts
  • Rebate of 50% on your entire bill when you transact at participating dining outlets (full list here) like Horizon Grill, Banyan Tree; Shanghai Restaurant, JW Marriott, and many more. This offer is valid until 31 December 2018
  • Complimentary movie ticket when you buy a Premiere Class or Gold Class ticket for any 2D movie on GSC’s website or mobile app for shows on Fridays, Saturdays, or Sundays. This offer is valid until 24 February 2019
  • Complimentary green fees waiver at participating golf courses in Malaysia

Keep in mind

  • This is an invitation-only credit card for Standard Chartered’s Priority Banking members who keep a minimum of RM250,000 as total Assets Under Management (AUM) with the bank per month
  • The annual fee for the principal card is RM800 and its RM400 for a supplementary card (both exclusive of taxes). The annual fee is waived for the first 2 years, and a yearly spending of RM10,000 per card can waive off the annual fee for subsequent years too
  • Unlimited airport lounge access only for principal cardholders
  • Airport transfer cashback is applicable for principal cardholders with a minimum of 3 overseas retail spends in foreign currency over the last 30 days using the PBVI card

Are you a Standard Chartered Priority Banking member? You can apply for this credit card on BBazaar and get an exciting free gift!

Standard Chartered Priority Banking Visa Infinite
Card Type : Rewards
Bbazaar promotion : PARKSON Gift Voucher worth RM150. T&Cs apply
Apply Now
  • Earn 360° Rewards Points for local and overseas retail spends.Redeem these points for air miles, gifts, and vouchers

    Enjoy unlimited complimentary access to more than 1,000 airport lounges around the world

    Exciting offers and privileges at more than 4,000 partner outlets in Malaysia and across Asia

  • Need to maintain RM250,000 as minimum Assets Under Management with Standard Chartered Bank Malaysia every month

    Minimum age: 21 years old

    For salaried: Copy of NRIC (both sides), last 1 months’ salary slip and bank statement, last 6 months’ salary slip and bank statement for commission earners, latest EPF Statement, latest Borang BE (Full submission to LHDN)

    For self-employed: Copy of NRIC (both sides), last 6 months’ bank statement and Business Registration Form 9, 24, 49, latest EPF Statement, latest Borang B/BE(Full submission to LHDN).

  • Annual fee: (Principal card) RM800 (Waived for 2 years. Subsequent years waived if annual spend over RM10,000) (Supplementary card): RM400

    Interest rates: 15-18% p.a.

    Minimum monthly payment: The higher of 5% of the outstanding balance or RM50

Related: Love Cashback? Here Are 5 Credit Cards You Must Check Out!

3. Alliance Bank Visa Infinite

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Globetrotters, pay attention! If you’re looking for a credit card that helps you save more on your travel expenses, the Alliance Bank Visa Infinite (full review here) can be a great option for you. From rewards points to air miles and travel insurance coverage to unlimited airport lounge accesses, this card has got you covered!

What you’ll love about this card:

  • Earn 5x Timeless Bonus Points (TBP) for every RM1 spent on overseas retail transactions, and 2x TBPs for every RM1 spent locally on retail transactions
  • Redeem your never-expiring TBPs for air miles of frequent flyer programmes at the rate of 6,000 TBPs for 1,000 Enrich Miles, and 3,000 TBPs for 1,000 AirAsia BIG Points
  • Unlimited VIP lounge access with complimentary Priority Pass Membership at over 850 VIP lounges worldwide and KLIA2 and Penang Airport
  • Travel Accident & Inconvenience Insurance up to RM2 million and Travel Medical Expenses Coverage up to RM50,000
  • Get 30% off on Agency Service fees when you book hotels, buy flight tickets, or apply for visas at Transavia. Offer is valid until 31 December 2018
  • Dedicated travel helpline in association with Holiday Tours & Travel Sdn Bhd
  • 24/7 Visa Infinite Concierge service along with personalised Infinite customer service

Keep in mind:

  • The minimum income requirement to apply for this card is RM150,000 p.a.
  • The annual fee for the principal card is RM800 (exclusive of taxes), while supplementary cards are free for life. Annual spend of RM30,000 can waive off the annual fee
  • Timeless Bonus Points are not awarded for petrol and government agency transactions
  • Unlimited VIP lounge access with Priority Pass Membership is subject to a minimum cumulative retail spend of RM300,000 in the current year
  • Complimentary travel insurance cover is valid only if the tickets are charged to your credit card

Liked this card? Apply for it now on BBazaar and get an exciting free gift!

Alliance Bank Visa Infinite Credit Card
Card Type : Travel / Rewards
Bbazaar promotion : PARKSON Gift Voucher worth RM150. T&Cs apply
Apply Now
  • Complimentary Priority Pass Membership (6 entries) – over 850 VIP lounges worldwide, and KLIA 2 and Penang Airport

    Travel Accident & Inconvenience Insurance up to RM2 million and Travel Medical Expenses Coverage up to RM50,000

    Earn 5x Timeless Bonus Points on every RM1 spent overseas and 2XTBPs on every RM1 spent locally

    Redeem free flight, upgrade and more for Air Miles for Enrich and AirAsia BIG

  • Minimum income – RM150,000 p.a.

    Minimum age – 21 years old

    For Salaried Professionals (MNCs/PLCs & Non MNCs/PLCs): Copy of NRIC (both sides) or a valid passport, last 3 months’ salary slip, last 3 months’ bank statement showing salary being credited, latest EPF statement, or latest Borang BE with official tax receipt/bank-in slip

    For Self-Employed Professionals: Copy of NRIC (both sides) or a valid passport, last 6 months’ bank statement, Business Registration Form and Form D or Form 9, 24, 49, latest EPF statement, or tax return form with official tax receipt

    For Non-Malaysians: Copy of working permit whose remaining validity is at least one year from the application date

  • Annual fee: Principal card – RM800 (with 0% GST). Waived if card is charged at least RM30,000 p.a. Supplementary card – Free for life

    Interest rates: 15-18% p.a.

    Late payment fee: 1% of the outstanding balance subject to a minimum of RM10 and a maximum of RM100

Related: 10 Important Tips to Steer Clear of Credit Card Debt

4. Maybank 2 Cards Premier

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If you’re looking for a credit card with a superb air miles conversion rate, you probably won’t find a better option than the Maybank 2 Card Premier. You got not one but two credit cards — the Maybank Reserve American Express Card and a complimentary Maybank Visa Infinite — both sharing a single statement. And the travel and lifestyle-related perks of this card are pretty good as well.

What you’ll love about this card:

  • Earn 5 TreatsPoints for every RM1 spent — both locally and overseas — with the  Maybank 2 Cards Reserve American Express Card, and 1x Treatspoints on all utilities, education, EzyPay and insurance transactions
  • Every 4,770 TreatsPoints can be redeemed for 1,000 Enrich Miles (Malaysia Airlines) or KrisFlyer Miles (Singapore Airlines) or Asia Miles
  • Annual fee of RM800 (exclusive of taxes) waived for the first year. Supplementary cards (up to 4) waived for life
  • Enjoy complimentary access to Plaza Premium Lounges across the world five times a year with the Visa Infinite card
  • Accidental death and disablement coverage of up to RM2 million provided you use the Maybank 2 Cards Premier for your travel fares. Click here for more information
  • Enjoy up to 50% savings on F&B at Shangri-La Hotel, Kuala Lumpur, and up to 50% discount at SPG Hotels and Resorts in Malaysia
  • Golfing privileges at over 80 golf clubs in Malaysia and overseas

Keep in mind:

  • The minimum income requirement to apply for this credit card is RM120,000 p.a.
  • The annual fee of RM800 can be waived after the first year with yearly spending of RM80,000
  • The TreatsPoints you accumulate are valid for 3 years. They are valid for another 3 years once you convert them to air miles of your favourite frequent flyer programme
  • No TreatsPoints for government body transactions

Related: 6 Top Travel Credit Cards in Malaysia That Help You Save More

5. UOB Visa Infinite Card

Image source: UOB

The last premium credit card to make it to our list has to be the UOB Visa Infinite. Known for its wide array of benefits and exclusive privileges, the card lets you earn a pool of reward points quickly.

What you’ll love about this card:

  • Get 3,000 Enrich Miles when you activate the card and spend RM3,000 within 60 days of approval
  • Earn 5x UNIRinggit points on overseas transactions, and 1x points for local spendings
  • Get 200,000 points when you spend above RM80,000 in a quarter, and 100,000 points when you spend RM50,000-RM79,999 in a quarter
  • Redeem 7,000 points for 1,000 Enrich Miles and 6,500 points for 1,000 KrisFlyer Miles. Double air miles redemption during birthday month
  • 4x complimentary Limo rides to KLIA when you spend RM5,000 in a month, and 20% off airport limo transfers overseas
  • 4x complimentary lounge access across the Asia Pacific in a year, and up to 20% discounts at over 200 airport dining outlets
  • Complimentary travel insurance coverage of up to RM500,000
  • Purchase protection and golfing privileges
  • Exclusive offers (temporary) on Hotels.com, Hertz, Avis, Chic Outlet, Mandarin Oriental Hotels, Ritz Carlton, Starwood Hotels and Resorts among a number of other privileges

Keep in mind:

  • The minimum income requirement to apply for this card is RM120,000 p.a.
  • The annual fee for the principal card is RM600, and it costs RM300 for a supplementary card (both exclusive of taxes). Yearly spending of RM50,000 can waive off the annual fee

Want more options? Check out our reviews of popular credit cards in Malaysia:

All information provided in this article/blog, published on this website is strictly for general information purpose only. BBazaar does not provide any warranty about the authenticity and accuracy of such information. BBazaar will not be held responsible for any loss and/or damage that arises or is incurred by use of such information. Please visit the websites of respective banks/financial institutions for more details about products.

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