What Are the Top 5 Cash Back Credit Cards in Malaysia?

Using more credit cards than necessary these days is a terrible idea, especially if you have massive debts to pay. However, it also undeniable that using a credit card can make your life easier. Nowadays, there are plenty of credit cards that can alleviate your financial burden, one of them being the cash back credit card. A cash back program is an incentive proposed to the user by the credit card company where a certain percentage of the amount spent is given back. If you want to rid yourself of debts, you may want to sign up for cash back credit cards in Malaysia.

 

Here are the top 5 best cash back credit cards that you can use to avoid incurring massive debt:

 

  1. OCBC 365 MasterCard.

If you like shopping using your credit card, this is the best option for you. This credit card offers a 0%-interest-free period and 1% rebate for every RM1000 that you spend through your OCBC 365 MasterCard. There is no cap on deductions so you can use your card whenever you want.

 

  1. HSBC Amanah MPower Platinum Credit Card-i.

This credit card offers Islamic Profit Rate, 0% per annum balance transfer, free annual fee, and 8% cash back. The cash back is perfect when you purchase groceries and petrol using this credit card.

 

  1. Maybankard 2 Platinum Cards.

This cash back credit card offers 8.88% interest rate per annum, 0% per annum balance transfer, 5% unlimited cash back option, and 0 annual fees. You can get a free Maybankard 2 American Express Card when you apply for Maybankard 2 MasterCard.

 

  1. Citi Cash Back Platinum.

You can use this cash back credit card for 15% per annum interest rate, 2.99% per annum balance transfer rate, and 5% cash back. There is no annual fee so you can enjoy using this card without worrying about extra charges. The 5% cash back is excellent for shopping groceries, petrol, medicines. You can also pay your phone bills using the money back. No registration is required, so you can just shop right away!

 

  1. Standard Chartered JustOne Platinum MasterCard.

This cash back credit card offers 15% per annum interest rate, 5.99% per annum on balance transfers, and 15%cash back. The annual fee is only RM265. If you like to shop online, this is the perfect credit card for you. You can also set it up to pay your bills through auto-billing option.

 

Now that you have an idea about the best cash back credit cards, it is now time to apply for one. This way, you will be able to prevent yourself from getting more debts because you can now rely on the rewards received by your credit card.