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Cashback Cards for Savvy Shoppers
Discover top cashback cards to maximize everyday savings
Quick Picks
Best overall: CIMB Cash Rebate Platinum Credit Card.
Best budget: Maybank myimpact Visa Signature.
Best for travel: Maybank Visa Signature Credit Card.
Everyday Spend Cashback Cards
For those looking to maximize savings on day-to-day purchases, these cards offer generous cashback rates and minimal fees. They cater to budget-conscious spenders who want to earn as they spend on essentials like groceries and petrol.
CIMB Cash Rebate Platinum Credit Card
CIMB Cash Rebate Platinum Credit Card stands out with up to 5% cashback on groceries, petrol, and bills — all without an annual fee. Its low income requirement of RM2,000/month makes it highly accessible. However, keep in mind the cashback is capped at RM30 per month, which requires a minimum spend of RM600 in qualifying categories. This card is ideal for budget-conscious spenders who prioritize everyday essentials.
Maybank2u Cashback Card
Maybank myimpact Visa Signature offers a unique approach with its ethical focus, providing up to 8% cashback in ESG categories. It’s perfect for those who prioritize sustainability in their spending. While the non-ESG cashback rate is only 0.5%, the card compensates with no annual fee and no compounding interest, making it a budget-friendly option.
RHB Dual Credit Card
RHB Dual Credit Card combines credit and debit functionalities with a 3% cashback on contactless payments. It's free for life, but the RM50 monthly cashback cap might limit its appeal for heavy spenders. Suitable for those who frequently use contactless payments and prefer a single card solution.
While these cards are excellent for everyday savings, those who travel frequently might find the next options more suitable, offering rewards tailored for international spending.
Travel Reward Cards
These cards are designed for frequent travelers, offering benefits that enhance the value of spending abroad.
Maybank Visa Signature Credit Card
Maybank Visa Signature Credit Card offers 5x TreatsPoints on overseas spending, making it a top choice for frequent travelers. Its RM550 annual fee is waived the first year but requires a substantial RM30,000 annual spend to waive it thereafter. It’s best for those who travel often and spend significantly abroad.
Hong Leong Wise Card
The Hong Leong Wise Card is a smart pick for those who balance interest rates with rewards. Its 12.88% fixed rate is the lowest in Malaysia, and it offers 5% cashback on weekends. However, the RM36,000 income requirement could be a hurdle. Ideal for those carrying a balance who want low interest and occasional rewards.
Choosing the right cashback card depends on your spending habits and financial goals. If you prioritize everyday savings, opt for cards with high cashback rates in essential categories. For frequent travelers, cards with robust overseas rewards offer the best value.