Cash rebate credit cards are getting popular. More and more card issuers introduce cards with this features and many cardholders prefer this kind of benefits rather than reward points.
Due to so many choices, consumers may get confuse and do not know which card to apply. Hopefully, with this compilation or comparison, it will easier for them.
The table below is the list of cards that offers excellent cash rebate to the cardholders throughout the year. Bear in mind that cards that have limited time cash rebate or cash rebate promotions are excluded from the list.
| Bank | Card Name | Main Features |
|---|---|---|
| Affin Bank | Generic VISA & Mastercards | – 0.4% rebate if spend between RM100 and RM1500 per month
– 0.8% rebate if spend between more than RM1500 per month – Lifetime Fee Waiver – Finance charge 9.9% pa |
| Alliance Bank | Generic VISA & Mastercards | – Tiered cash rebate
– Up to 1.2% rebate for classic card – Up to 1.3% rebate for gold card – Up to 2.0% rebate for platinum card |
| AMEX | All other cards | – 2x points on any spending
– Points can be exchange for cash rebate – 2x points are equivalent to 1.0% cash rebate |
| Gold Credit Card | – 5x points on petrol, groceries, bookstore & Telcos bills
– 2x points on other spending – Lifetime Fee Waiver – Finance charge 9.0% pa – Points can be exchange for cash rebate – 5x points are equivalent to 2.5% cash rebate – 2x points are equivalent to 1.0% cash rebate |
|
| CIMB Bank | Petronas Mastercard | – 5% rebate at Petronas on 1st of every month
– 2% rebate at Petronas on any other day – Lifetime Fee Waiver |
| Citibank | Cash Back Platinum | – 5% rebate on petrol
– 2% rebate at Guardian, Watson – 2% rebate at Giant, Carrefour, Tesco, Cold Storage – 2% rebate at Celcom/Maxis/Digi bills – 0.3% rebate on other spending |
| Platinum | – 5x points at Tangs, Metrojaya, Isetan, Parkson, Jusco, Robinsons
– 5x points at Carrefour, Cold Storage, Giant, Tesco – Points can be exchange for cash rebate – 5x points are equivalent to 2.5% cash rebate |
|
| Hong Leong | Essential | – 1% rebate on any spending
– 2 times transaction per month or RM8000 spend per year for annual fee waiver |
| Fortune | – 1% rebate on any spending
– Earn interest on cash rebate – 2 times transaction per month or RM8000 spend per year for annual fee waiver |
|
| Maybank | 2 Cards (AMEX & Mastercard) | – 5% rebate on weekend (AMEX)
– 5x points with every RM (AMEX) – 1x point with every RM (Mastercard) – Lifetime Fee Waiver – Finance charge 8.88% pa – RM50 service tax for 2 cards |
| OCBC | Great Eastern Titanium | – 3% rebate on Great Eastern insurance premium
– 0.75% rebate on first RM10,000 monthly spending – 1.50% rebate on next RM10,000 monthly spending – 3.00% rebate for amount more than RM20,000 – 1.50% rebate on education and medical |
| Great Eastern Platinum | – 2% rebate on Great Eastern insurance premium
– 0.75% rebate on first RM10,000 monthly spending – 1.00% rebate on next RM10,000 monthly spending – 2.00% rebate for amount more than RM20,000 – 1.50% rebate on education and medical |
|
| Titanium | – 5% cash rebate on petrol, groceries, utility bills & dining
– 1% cash rebate on other purchase – 12 times transaction per year for annual fee waiver |
|
| UOB | One Card | – 2% rebate at Tesco, Giant, Carrefour & BHPetrol
– 0.5% rebate on bill payment – 0.3% on other purchase |
This post suppose to be “Analysis of Cash Rebate Credit Card” 2 but due to complexity of current cash rebate credit card, it just end up to be a compilation or comparison. Anyway, the most interesting cards to have are OCBC Titanium & Citibank Cash Back Platinum.
On top of cards listed above, there are many other cards that offer cash rebate such as cards from Citibank, HSBC Amanah and Public Bank. However, the rebates that they offer are really low.
If you have any comments or you find more interesting cards, please leave it in the comments section below.
Good compilation.
I am applying ocbc titanium and cancel alliance bank credit card.
See how efficient i can get my card.
Good Sharing.. I wish i can apply OCBC Titanium too. But my location don’t have this bank. My Location just got CIMB, Maybank, Alliance Bank and Hong Leong Bank for Cash Rebate Credit Card. So I decided to apply CIMB Petronas Master Card. The best i can apply at my at location, and the Main Features is:-
– 5% rebate at petronas on 1st of every month
– 2% rebate at petronas on others day
– Lifetime Fee Waiver
– 0.5% rebate on other spending.
but citibank shell card is giving up to 5% on shell fuel + 1.5% rebates on other purchases..think this is better for me coz travel quite a lot…
Hi lucas,
U can apply online and pay online.
No need to have branch.
Thank you CK5354 for let me know got this.
hi there..online payment thru ocbc savings acc or fpx?
What do oyu think about
Maybank Islamic PETRONAS Ikhwan Visa Gold
Thanks
Maybank Petronas offers 5x point for Petronas purchase & can claim free petrol only. I am not sure the conversion rate.
A very helpful comparison. Thank you.
I’d suggest to add “Monthly Rebate Limit” as part of the comparison. Some cards do have the limit or while some don’t.
ks21, great idea!. I will looking into it.
OCBC Great Eastern Platinum should be up to 3% for spending above RM20,000 and 3% for Great Eastern Policy. I have one.
There are lots of fine print for all cards from all banks, readers should read in details before consider to use the card to earn the cash back.
e.g.
1. Citibank Cash Back, only RM30 per month for 5% rebate for Petrol. [I believe good enough for most people, who spend over RM600 on petrol every month?]
2. OCBC Great Eastern, 3% for GE policy only if you sign up the AutoPay.
The recent promotion from Public Bank, 8% cash back rebate have even more fine print i.e. terms and conditions.
Hong Leong Essential rebates is with requirements. Only applicable for RM100 retail spending in total of the statement else rebate is waive.
Michelle…can u explain in more details?
Michelle, I’m surprised to hear the requirements too. I don’t see such term on the website.
FYI, I’m using the Essential card to complement the “OCBC Titanium”. They seems to be in good match if you’re heavy credit card user.
OCBC cash back rewards also include 33% rebate interest paid.
OCBC even offer cash back when u refuel your car in other country. In addition, u can get cash back in any wide store (Tangs, Isetan, Guandian and even 99 SpeedMart ), with no minimum amount spend.
MEGA SALES are coming in town, so was this a good idea to have a card to help u save more rather than spend more ?
looking for new cards to replace my cimb petronas cards… ocbc platinum looks good..
this card offer rebates for all petrol (petronas shell bhp etc) and all groceries (carrefour tesco giant mydin)? went to ocbc website but didnt find any details on rebates offered..
also..is there any min reqs for rebates? eg need to spend 1k p.mth or limited to 50k claim p.mth only etc ?
appreciated anyone used this cards can provide feedback
OCBC Titanium card is offering no mininum requirements for the cash rebates. the only cap is the maximum cash rebates per month is RM50. Hence if you spend more you still will get only the maximum of RM50 cash per month.
So I have been earning this RM50 since I first got it until now.
Really one of the best in town, of course I wish the bank can increase the max. cap to RM100…haha