8 Top Rewards Credit Cards that Make Spending More Fun!

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7 Top Rewards Credit Cards that Make Spending More Fun!

If there’s one credit card feature that will really tickle your fancy, it’s reward points! Every time you spend at the supermarket or refill at a petrol station with a rewards credit card, a bunch of points start rolling into your account. Sooner or later, you’re looking at a pile of points that be redeemed for a wide range of things like merchandise, air miles, and much more.

Rewards credit cards are designed to give you the best value on your purchases. And there’s no dearth of these cards in Malaysia. So how do you choose a rewards card that works best for you? It’s important to know your spending patterns and understand your lifestyle requirements and monthly budget before you pick a rewards card. Another thing you should look for is the value you get for each expense. Do your research and see which card gets you the most points on your frequent purchases.

For example, if you’re more likely to spend on dining, look for a card that rewards you with points in that category.

And we’re here to help you in this journey. Read on as we take a look at 8 top rewards credit cards in Malaysia, breaking down their features and benefits and how you can get the best value with each swipe!

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

Standard Chartered Visa Platinum Credit Card

7 Top Rewards Credit Cards that Make Spending More Fun!
Image source: BBazaar

The Standard Chartered Visa Platinum (full review here) is seen as a rewards points multiplier, mainly owing to its feature to offer 5,000 bonus points every month! And while you can earn 5x reward points on departmental store purchases, dining spends and overseas transactions, you also get 1x points on all other local retail spends.

Other benefits you’ll love about this card

  • You get a lifetime annual fee waiver on both principal and supplementary cards, with no conditions attached
  • You enjoy access to amazing offers and privileges at over 4,000 outlets in Malaysia and across Asia

How to redeem your points

You can redeem your points for an array of products through the 360 deg Rewards Programme. For example, 20,000 points can get you travel essentials like pouches and locks, 150,000 points can be redeemed for luggage bag or smartphone!

What you should keep in mind

  • The minimum annual income requirement for this card is RM24,000 and the minimum age requirement is 21 years
  • To earn 5,000 bonus points each month, you have to spend a minimum of RM1,500 per month to qualify. Supplementary cardholders are also eligible for this
  • 360⁰ Rewards Points earned are valid for a maximum of 3 years only

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

Standard Chartered Visa Platinum
Card Type : Rewards
Apply Now

  • Get 5,000 bonus points on a minimum spend of RM1,500 per month

    Earn 5x points on dining, departmental store purchases, and overseas spends

    Earn 1x points on all other local spends


  • Minimum income: RM24,000 p.a.

    Minimum age: 21 years old

    For salaried: Copy of NRIC (both sides), last 1 month’s 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: Waived for life (Principal card and supplementary card)

    Interest rates: 15-18% p.a.

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

Related: 5 Smart Tips to Ace the Credit Card Reward Points Game and Save on Travel Costs

Alliance Bank Platinum Credit Card

7 Top Rewards Credit Cards that Make Spending More Fun!
Image source: BBazaar

If you want to earn reward points quickly and do more with them, you can consider the Alliance Bank Platinum Credit Card (full review here). Let’s start with the reward points, which don’t ever expire — every time you spend overseas, you earn 3x Timeless Bonus Points (TBP).

You also get 2x TBPs for petrol, grocery, and utility expenses and 1x TBPs on all your other local retail expenses.

Other benefits you’ll love about this card

  • The annual fee for the principal card is RM438 (exclusive of tax). But it can be waived off if you spend a minimum of RM5,000 or swipe your card 12 times within a 12-month period! A supplementary card is free for life
  • Access to exclusive privileges and discounts at various participating merchants
  • Unlimited complimentary access to KLIA Plaza Premium Lounge (for Alliance Privilege and Alliance Personal members only)

How to redeem your points

You can use your reward points to purchase a bunch of items from the Alliance OneBank Rewards catalogue. For instance, if you have 375,000 points in your account, you can purchase a convection oven!

But the best thing is that you can redeem your pool of Timeless Bonus Points for air miles as well which can be used for discounted air tickets, seat upgrades, etc. There are 2 frequent flyer programmes associated with this credit card and your reward points can be redeemed at the rate of:

  • Enrich Miles: 6,000 TBPs = 1,000 Enrich Miles
  • AirAsia BIG Points: 3,000 TBPs = 1,000 BIG Points

What you should keep in mind

  • The minimum annual income requirement for this card is RM60,000 and the minimum age requirement is 21 years
  • You cannot earn points for transactions at government agencies

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

Alliance Bank Platinum Credit Card
Card Type : Rewards
Apply Now

  • Earn 3x Timeless Bonus Points on every RM1 spent overseas

    Earn 2x Timeless Bonus Points on every RM1 spent on utilities, petrol, and groceries

    Earn 1x Timeless Bonus Points on all other local retail spends


  • Minimum income – RM60,000 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


  • Annual fee: Principal card – RM438 (with 0% GST). The annual fee can be waived with a minimum spend of RM5,000 p.a. or charging the card at least 12 times within a 12-month period. Supplementary card – Free for life

    Interest rates: 15-18% p.a.

    Late payment charges: The higher amount between 1% of the total outstanding balance and RM10. This charge is limited to an amount of RM100.

Related: 7 Top Credit Cards with Monthly Income Requirement of RM2,000

Citi Rewards Visa Signature Card

Add more value to your shopping spends with the Citi Rewards Visa Signature Card (full review here). For every RM1 you spend at a participating supermarket or departmental store, you earn 5x Citi Rewards points. You also earn 5x Citi Rewards Points for every RM1 you spend overseas. And the best part is these points never expire!

Other benefits you’ll love about this card

  • Complimentary access to the KLIA Plaza Premium Lounge
  • Up to RM50,000 overseas personal accident coverage
  • Purchase protection up to RM10,000 per item or RM25,000 per occurrence
  • Exclusive healthcare privileges on screening packages and on walk-in hospital room rates

How to redeem your points

You can redeem your Citi Rewards points for three things:

  • Redeem the points by paying directly for your purchases at partnering merchant outlets
  • Reduce your credit card balance by offsetting your past purchases with your earned points

What you should keep in mind

  • The minimum annual income requirement for this card is RM60,000 and the minimum age requirement is 21 years
  • The annual fee for the principal card is RM600 and RM150 for the supplementary card (both exclusive of taxes). The annual fee can be waived for three years if you activate your card within 60 days of approval
  • 5x Citi Rewards points are only available at select merchants in Malaysia. AEON, AEON Big, Marks & Spencer, Metrojaya, Parkson, Robinsons, Tangs, Isetan fall under departmental stores. B.I.G Ben’s Independent Grocer, Cold Storage, Everise, Giant, Jasons Food Hall, Jaya Grocer, Servay, Tesco, and Village Grocer under supermarkets.
  • 5x Citi Rewards points are awarded on retail transactions on a maximum spend of RM24,000 a year
  • Citi Rewards Points at supermarkets and departmental stores are capped at a maximum transactions amount of RM3,000 per month. Post this, you will receive 1x Citi Rewards points for every RM1 spent
  • Only eligible transactions above RM200 qualify for 5x Reward Points
  • For complimentary access to the Plaza Premium Lounge at KLIA, present your Citi Rewards card and your boarding pass
  • Purchase protection available on purchases for up to 30 days to a maximum of RM10,000 per item

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

Citi Rewards Visa Signature
Card Type : Rewards
Apply Now

  • 5x Citi Rewards points at major departmental stores and supermarkets

    5x Citi Rewards points on overseas spends

    1x Citi Reward points on every RM 1 spent locally for all other categories


  • Minimum income: RM60,000 p.a.

    Minimum age: 21 years (principal card)

    For Salaried Employees: Copy of MyKad, latest EPF statement, latest 6 months’ salary slips, latest 6 months’ bank statements, form BE with tax payment receipt

    For Self-Employed Professionals: Copy of MyKad, Business Registration Certificate (ROC & ROB), latest 6 months’ bank statements, form BE with tax payment receipt


  • Annual fee: Principal: RM600 (including 0% GST), Supplementary: RM150 (including 0% GST). Annual fee can be waived if you activate your card within 660 days of approval

    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: Bon Appetit! 5 Top Dining Credit Cards That Make Eating Out More Enjoyable

HSBC Visa Signature Card

Image source: BBazaar

If you’re a frequent traveller and love collecting points, the HSBC Visa Signature Card (full review here) is a good option to consider. For starters, you get 8x Reward Points on all your overseas and online expenses in foreign currencies. You also get 5x Reward Points for expenses at participating local malls and online in local currency. Besides this, you get 1x Reward Point on any other retail transactions as well.

Other benefits you’ll love about this card

  • The annual fee for a principal card is RM600 p.a. and it’s RM300 for a supplementary card (both exclusive of taxes). But the annual fee can be waived if you swipe your card at least once a month for a consecutive 12-month period!
  • Complimentary access to Plaza Premium Lounges at KLIA, Singapore Changi Airport, and Hong Kong International Airport
  • Access to exclusive deals and VIP treatments at over 6,500 shopping outlets through the SmartPrivileges programme
  • Takaful worldwide coverage available for up to RM750,000

How to redeem your points

The first thing you should know is that your points are divided into categories—Normal HSBC Reward Points and Additional HSBC Reward Points. You earn the latter when you spend at participating shopping malls, on online transactions, and overseas. The amount of Additional Reward Points you can earn in a month for each of the above-mentioned categories is capped at 15,000.

These points, along with the Normal HSBC Reward Points, can be redeemed for online vouchers, free merchandise, or Air Miles from the HSBC Rewards Catalogue. For instance, you can purchase a camera for 204,000 points or get vouchers for 30,000 points!

What you should keep in mind

  • The minimum annual income requirement for this card is RM72,000 and the minimum age requirement is 21 years
  • Online transactions made in foreign currency fetches you 8x Reward Points and transactions made in Malaysian Ringgits gets you 5x Reward Points
  • You can redeem your points for only 2 online vouchers per month, and this is capped at 60,000 reward points per cardholder. There’s no limit for redemption on any items from the catalogue

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

7 Top Rewards Credit Cards that Make Spending More Fun!

Alliance Bank You:nique Rewards Card

source: BankBazaar

Whether you like to shop or eat out, you can earn reward points on most of your spends with Alliance Bank You:nique Rewards credit card (see full review here). It lets you earn never-expiring Timeless Bonus Points on a variety of retail spends, except petrol and government agency transactions.

Other benefits you’ll love about this card

This card offers 2x Timeless Bonus Points for every 1 Ringgit that you spend, coupled with an annual fee waiver for the first 3 years. What’s more? You can also customise the look of your credit card with your picture on it. Now that’s really cool! You also get automatically enrolled in the Alliance OneBank Rewards Program, which allows you to earn TBPs on other financial products of the bank.

How to redeem your points

Timeless Bous Points as the name suggests do not expire and can be availed for freebies which include electrical appliances such as ovens to IT gadgets such as Garmin Vivofit. You can check out all the products on their catalogue here. 

Keep in mind

  • From the fourth year onwards, you need to spend a minimum of RM 5,000 p.a. or charge your card at least 12 times a year to get the annual fee waived off.
  • No TBPs for petrol and government services transactions
  • Minimum Income should be RM24,000 p.a.
  • Minimum Age should be 21 years

Maybank Visa Platinum

7 Top Rewards Credit Cards that Make Spending More Fun!
Image source: Maybank

Whether you spend locally or overseas, the Maybank Visa Platinum has got you covered. Let’s dive right into the reward points you’ll earn. For local expenses, you get 1x TreatsPoints for every RM1 spent. When you spend RM1 overseas, you earn 2x TreatsPoints.

And the icing on the cake is you get 2x TreatsPoints on all your expenses during your birthday month!

Other benefits you’ll love about this card

  • Earn 1x TreatsPoints on education institutions, insurance, utility, petrol, and 0% EzyPay transactions

How to redeem your points

The first thing you should know is your TreatsPoints are only valid for 3 years. You can redeem your TreatsPoints for merchandise from the TreatsPoints catalogue. For example, you can pick up a watch a sports watch for 90,000 points.

You can offset your annual fees as well as service tax with TreatsPoints. For instance, you’ll need 10,000 TreatsPoints to clear your RM25 service tax. If you want to offset 100% of your annual fees, you’ll have to redeem 275,000 TreatsPoints. TreatsPoints can be redeemed for air miles as well.

What you should keep in mind

  • The minimum annual income requirement is RM60,000 and the minimum age requirement is 21 years
  • The annual fee for the principal card is RM550 and RM150 for the supplementary card (exclusive of taxes)
  • You cannot earn TreatsPoints on transactions at government bodies
  • TreatsPoints can be redeemed only by the principal cardholder
  • You need to be a Maybank private banking account holder to apply for this card

Related: Click to Save! 5 Credit Cards with Great Online Shopping Benefits

CIMB Visa Signature

7 Top Rewards Credit Cards that Make Spending More Fun!
Image source: CIMB

With the CIMB Visa Signature, you earn points every time you swipe your card. For every RM1 you spend locally, you earn 1x Bonus Point. And for overseas expenses, you earn 2x Bonus Points for every RM1.

And the bow that ties this whole card together is the lifetime annual fee waiver for both principal and supplementary cards!

Other benefits you’ll love about this card

  • Up to RM1 million travel insurance coverage that includes travel inconveniences
  • Exclusive access to Plaza Premium lounges in Malaysia twice in the first year
  • Access to an array of privileges and discounts through the CIMB Credit Card Privileges programme

How to redeem your points

You can use your accumulated points to purchase items from the Members Rewards Catalogue. As an example, under the kitchen category, you can pick a blender for 44,100 Bonus Points or a hair dryer for 30,900 Bonus Points.

What you should keep in mind

  • The minimum annual income requirement for this card is RM60,000 and the minimum age requirement is 21 years
  • The complimentary access to Plaza Premium Lounges expires after a year. To get access again, your annual spend has to be RM100,000 and above
  • To get automatic travel insurance, you will have to charge the full fare of your airline tickets to this card

Related: 6 Best No-Frills Credit Cards to Add Value to Your Spends

Hong Leong Sutera Platinum Mastercard

Image source: Hong Leong Bank

Transform your dining, shopping, and travelling experiences into rewards with the Hong Leong Sutera Platinum Mastercard. Let’s start with the reward points you can earn on your expenses. On overseas transactions, you earn 6x Reward Points. For dining and weekend expenses, you get 3x Reward Points. And all your other local retail expenditures fetch you 1x Reward Points.

What makes this card even more desirable is the annual fee waiver for both principal and supplementary cards in the first year. However, you have to swipe your card at least once within 45 days from the issuance date.

Other benefits you’ll love about this card

  • Up to RM1.7 million automatic travel insurance coverage
  • Complimentary access to Plaza Premium Lounges in KLIA and KLIA2

How to redeem your points

The uses for your reward points are quite comprehensive—gifts, hotel and dining vouchers, frequent flyer miles, and annual fee settlement. You can also redeem these points to pay for your purchases at participating merchant outlets with the On-The-Spot Points redemption feature.

What you should keep in mind

  • The minimum annual income requirement for this card is RM60,000 and the minimum age requirement is 21 years
  • Annual fee waiver for subsequent years is available only on a minimum retail spend of RM15,000 a year
  • The annual fee for the principal card is RM400 and RM200 for the supplementary card (both exclusive of taxes). This amount can be offset with your reward points as well
  • Automatic travel insurance coverage available only when you charge the full fare of your airline tickets to this card

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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