AEON_Big_2in1_Visa_Gold_Paywave

AEON BIG Visa Gold

15% p.a.

Interest Rate

Free

Annual Fee

Up to 5%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 5%

Aeon_Visa_Classic-Contactless

AEON Classic Visa MasterCard

15% p.a.

Interest Rate

RM 30

Annual Fee

Up to 5%

Cashback

Interest Rate	15% p.a.
Annual Fee	RM 30
Cashback	Up to 5%

AEON Japan Club of Kuala Lumpur Credit Card 52

AEON Japan Club of Kuala Lumpur Credit Card

15% p.a.

Interest Rate

Free

Annual Fee

Up to 5%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 5%

AEON NEW AEON Gold Visa-01

AEON NEW AEON Gold Visa / MasterCard

15% p.a.

Interest Rate

RM 95

Annual Fee

Up to 5%, RM 100/mth

Cashback

Interest Rate	15% p.a.
Annual Fee	RM 95
Cashback	Up to 5%, RM 100/mth

AEON Platinum MasterCard-01

AEON Platinum MasterCard

15% p.a.

Interest Rate

Free

Annual Fee

Up to 5%, RM 100/mth

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 5%, RM 100/mth

AEON Platinum Visa-01

AEON Platinum Visa

15% p.a.

Interest Rate

Free

Annual Fee

Up to 5%, RM 100/mth

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 5%, RM 100/mth

Affin Cashback Visa

AFFIN DUO Visa CashBack

15% p.a.

Interest Rate

Free

Annual Fee

Up to 3%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 3%

OCBC 365 MasterCard

AFFIN DUO+ Visa

15% p.a.

Interest Rate

Free

Annual Fee

Up to 3%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 3%

Affin DU0+ MasterCard-01

Affin DU0+ MasterCard

15% p.a.

Interest Rate

Free

Annual Fee

Up to 3%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 3%

Alliance Visa Signature

Alliance Bank Visa Signature

15% p.a.

Interest Rate

RM 148

Annual Fee

Up to 5%

Cashback

Interest Rate	15% p.a.
Annual Fee	RM 148
Cashback	Up to 5%

AEON Visa Gold

AmBank Cash Rebate Visa Platinum

15% p.a.

Interest Rate

Free

Annual Fee

Up to 8%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 8%

CIMB Visa Platinum

AmBank Islamic Visa Platinum CARz Card

15% p.a.

Interest Rate

Free

Annual Fee

Up to 5%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 5%

AmBank SIGNATURE Priority Banking Visa Infinite Credit Card-i-01

AmBank SIGNATURE Priority Banking Visa Infinite

15% p.a.

Interest Rate

Free

Annual Fee

RM 188

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	RM 188

BSN Visa Cashback Credit Card 50

BSN Visa Cashback Credit Card

15% p.a.

Interest Rate

Free

Annual Fee

Up to 5%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 5%

CIMB Cash Rebate Platinum-01

CIMB Cash Rebate Platinum

15% p.a.

Interest Rate

Free

Annual Fee

Up to 5%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 5%

Ambank Visa Platinum

CIMB PETRONAS Platinum

15% p.a.

Interest Rate

Free

Annual Fee

Up to 7%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 7%

Citi Business Platinum

Citi Business Platinum

15% p.a.

Interest Rate

Free

Annual Fee

Up to 1.2%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 1.2%

CIMB Petronas MasterCard

Citi CashBack MasterCard

15% p.a.

Interest Rate

Free

Annual Fee

Up to 10%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 10%

Citi Prestige

Citi Prestige MasterCard

15% p.a.

Interest Rate

RM 1,000

Annual Fee

Up to RM 500/mth

Cashback

Interest Rate	15% p.a.
Annual Fee	RM 1,000
Cashback	Up to RM 500/mth

Citi Simplicity (2)

Citi Simplicity MasterCard

Interest Rate

Free

Annual Fee

Up to 10%

Cashback

Interest Rate
Annual Fee	Free
Cashback	Up to 10%

Citi Simplicity

HSBC Amanah MPower Platinum Credit Card-i

15% p.a.

Interest Rate

Free

Annual Fee

Up to 8%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 8%

HSBC Visa Platinum

HSBC Amanah Premier World MasterCard-i

15% p.a.

Interest Rate

Free

Annual Fee

Up to 1%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 1%

HSBC Visa Platinum

HSBC Premier World MasterCard

15% p.a.

Interest Rate

Free

Annual Fee

-

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	-

Hong Leong Wise Card 62

Hong Leong Wise Card

15% p.a.

Interest Rate

RM 98

Annual Fee

Up to 8%

Cashback

Interest Rate	15% p.a.
Annual Fee	RM 98
Cashback	Up to 8%

Maybank 2 Gold Cards-01

Maybank 2 Gold Cards

15% p.a.

Interest Rate

Free

Annual Fee

Up to 5%, RM 50/mth

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 5%, RM 50/mth

Maybank 2 Platinum Cards-01

Maybank 2 Platinum Cards

15% p.a.

Interest Rate

Free

Annual Fee

Up to 5%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 5%

BSN Visa Cashback Credit Card 51

Maybank American Express Cashback Gold Credit Card

15% p.a.

Interest Rate

Free

Annual Fee

Up to 1.5%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 1.5%

Maybank Islamic MasterCard Ikhwan Gold Card-01

Maybank Islamic MasterCard Ikhwan Gold Card

15% p.a.

Interest Rate

Free

Annual Fee

Up to 5%, RM 50/mth

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 5%, RM 50/mth

Maybank Islamic MasterCard Ikhwan Platinum Card-01

Maybank Islamic MasterCard Ikhwan Platinum Card

15% p.a.

Interest Rate

Free

Annual Fee

Up to 5%, RM 50/mth

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 5%, RM 50/mth

Maybank Islamic PETRONAS Gold-i-01

Maybank Islamic PETRONAS Gold-i

15% p.a.

Interest Rate

Free

Annual Fee

Up to 8%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 8%

Maybank Visa Signature-01

Maybank Visa Signature

15% p.a.

Interest Rate

Free

Annual Fee

Up to 5%, RM 88/mth

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 5%, RM 88/mth

HSBC World Master

OCBC 365 MasterCard

18%p.a.

Interest Rate

RM 100

Annual Fee

Up to 1%

Cashback

Interest Rate	18%p.a.
Annual Fee	RM 100
Cashback	Up to 1%

OCBC Titanium (2)

OCBC Titanium MasterCard (Blue/Pink)

15% p.a.

Interest Rate

Free

Annual Fee

Up to 1%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 1%

BSN Visa Cashback Credit Card 49

OCBC World MasterCard

15% p.a.

Interest Rate

Free

Annual Fee

Up to 1.2%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 1.2%

Public Bank AIA Visa Gold 61

Public Bank AIA Visa Gold

15% p.a.

Interest Rate

Free

Annual Fee

Up to 0.2%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 0.2%

Public Bank Gold MasterCard 60

Public Bank Gold MasterCard

15% p.a.

Interest Rate

Free

Annual Fee

Up to 0.1%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 0.1%

Public Petron Visa (2)

Public Bank PETRON Visa Gold

15% p.a.

Interest Rate

Free

Annual Fee

Up to 5%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 5%

Public Bank Quantum MasterCard-01

Public Bank Quantum MasterCard

15% p.a.

Interest Rate

Free

Annual Fee

Up to 5%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 5%

Public Bank Quantum Visa-01

Public Bank Quantum Visa

15% p.a.

Interest Rate

Free

Annual Fee

Up to 5%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 5%

Public Visa Credit Card

Public Bank Visa Classic Credit Card

15% p.a.

Interest Rate

RM 75

Annual Fee

Up to 1%

Cashback

Interest Rate	15% p.a.
Annual Fee	RM 75
Cashback	Up to 1%

Pubic Visa Gold

Public Bank Visa Gold Credit Card

15% p.a.

Interest Rate

RM 150

Annual Fee

Up to 0.1%

Cashback

Interest Rate	15% p.a.
Annual Fee	RM 150
Cashback	Up to 0.1%

Public Visa Platinum

Public Bank Visa Platinum Credit Card

15% p.a.

Interest Rate

RM 333

Annual Fee

Up to 0.2%

Cashback

Interest Rate	15% p.a.
Annual Fee	RM 333
Cashback	Up to 0.2%

Public Bank Visa Signature-01

Public Bank Visa Signature

15% p.a.

Interest Rate

Free

Annual Fee

Up to 6%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 6%

Public Islamic Credit Card

Public Islamic Bank Gold MasterCard Credit Card-i

15% p.a.

Interest Rate

Free

Annual Fee

Up to 2%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 2%

BSN Visa Cashback Credit Card 48

Public Islamic Bank Visa Platinum Credit Card-i

15% p.a.

Interest Rate

RM 333

Annual Fee

Up to 4%

Cashback

Interest Rate	15% p.a.
Annual Fee	RM 333
Cashback	Up to 4%

Ambank Islamic Carz Visa Platinum

RHB Cashback Credit Card

15% p.a.

Interest Rate

Free

Annual Fee

Up to 5%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 5%

BSN Visa Cashback Credit Card 47

RHB SHELL Visa Credit Card

15% p.a.

Interest Rate

Free

Annual Fee

Up to 12%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 12%

RHB Visa Signature

RHB Visa Signature

15% p.a.

Interest Rate

Free

Annual Fee

Up to 6%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 6%

RHB World MasterCard

RHB World Master Credit Card

15% p.a.

Interest Rate

Free

Annual Fee

Up to 6%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 6%

BSN Visa Cashback Credit Card 46

Standard Chartered JustOne Platinum MasterCard

15% p.a.

Interest Rate

Free

Annual Fee

Up to 15%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 15%

RHB Cashback MasterCard

Standard Chartered Liverpool FC Cashback

15% p.a.

Interest Rate

Free

Annual Fee

Up to 0.5%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 0.5%

Standard Chartered Smart

Standard Chartered Smart Credit Card

15% p.a.

Interest Rate

Free

Annual Fee

Up to 15%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 15%

AEON Japan Club of Kuala Lumpur Credit Card 55

UOB YOLO VISA

15% p.a.

Interest Rate

Free

Annual Fee

Up to 5%

Cashback

Interest Rate	15% p.a.
Annual Fee	Free
Cashback	Up to 5%

{"id":5015,"date":"2022-08-03T14:24:13","date_gmt":"2022-08-03T06:24:13","guid":{"rendered":"http:\/\/loanpanda.com.my\/staging-test\/?page_id=5015"},"modified":"2023-05-25T11:02:27","modified_gmt":"2023-05-25T03:02:27","slug":"cashback","status":"publish","type":"page","link":"https:\/\/loanpanda.com.my\/test\/credit-cards\/cashback\/","title":{"rendered":"Best for Cashback"},"content":{"rendered":"

[vc_row css=”.vc_custom_1659507005626{background: #fef6f5 url(https:\/\/loanpanda.com.my\/test\/wp-content\/uploads\/2022\/08\/Frame-4318.png?id=4983) !important;}” el_id=”product-category-subheader”][vc_column][vc_column_text css=”.vc_custom_1660707046634{margin-top: 57px !important;margin-bottom: 57px !important;}”]<\/p>\n

Best for Cashback<\/h1>\n
[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1658978621274{margin-top: 58px !important;margin-bottom: 66px !important;}”][vc_column][vc_column_text][\/vc_column_text][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1675333466957{margin-top: 30px !important;margin-bottom: 30px !important;background-color: #ffffff !important;}”][vc_column css=”.vc_custom_1675333478533{background-color: #ffffff !important;}”][vc_tta_tabs color=”white” active_section=”1″][vc_tta_section title=”Guides” tab_id=”1675326945182-04c5ea33-9c310d48-68d8″][vc_column_text]<\/p>\n

Guides<\/h2>\n
[\/vc_column_text][vc_column_text]<\/p>\n
\n
Cash Back Credit Card<\/h1>\n
$\"https:\/\/www.pexels.com\/photo\/close-up-photo-of-credit-cards-164501\/\"$ <\/p>\n
Did you know that there’s a credit card that can help you tackle your debt while helping you earn rewards on the side? Cash back credit cards are ideal for cardholders looking for valuable rewards on everyday spending.<\/p>\n
These financial tools can convert each purchase to uncapped cash back rewards, allowing you to start saving every time you use your credit card. A cashback credit card is a particular type of credit card that will enable you to turn your expenditure into savings by giving some of your money back.<\/p>\n
Every time you use your card, you earn a certain percentage of the spent amount back. Typically, financial institutions offer cashback credit cards with features such as monthly limit and percentage on the maximum rebate amount you can claim each month.<\/p>\n
However, these features differ from issuer to issuer, and you should always read the terms and conditions before applying. Many cardholders looking for a way to rebuild credit consider getting a cash back credit card in Malaysia<\/a> because it allows them to earn a significant amount per annum.<\/p>\n<\/div>\n
[\/vc_column_text]
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\n
\n \n <\/span>What are cash rebate credit cards? <\/a>\n <\/h5>\n <\/div>\n
\n
\n
Cash rebate credit cards allow users to turn their spending into extra profit by earning cashback<\/a> on transactions they make per month. Aside from offering cashback on multiple spending categories, such credit cards don't expose the cardholder to an annual fee and offer various additional benefits and incentives.<\/p>\n\n
With a chance to earn cash back on every purchase, you can pump extra money into your credit card account and continue earning bonus cash on all expenditures you make with your card. Cashback cards allow you to earn money rebates for the amount you spend every month up to a limit set by your card issuer.<\/p>\n\n $\"\"$ \n\n
You can combine rewards to maximize savings and access more benefits, such as unlimited cash back on groceries, petrol, travel insurance up to a pre-defined amount, no annual fee, dining, and more.<\/p>\n\n
However, you should be familiar with the most prominent cash rebate features to understand how to use your cashback credit card.<\/p>\n\nEvery cash-back credit card comes with features such as:\n
\n
A minimum spending requirement<\/b> \u2013 all cash rebate credit cards have minimum spending requirements you must follow to earn your rewards. These range from a pre-set number of swipes and the minimum spending limit per month\/week to making a certain number of purchases. For example, Citi Cashback Mastercard gives up to 10% cash back on groceries, petrol, Grab, and dining, but only if you fulfill the minimum monthly spending requirement.<\/li>\n
Maximum cash rebate limit <\/b>\u2013 It is a monthly cap set by the card issuer that defines the maximum cash rebate you can earn every month. Let's take Citi CashBack Mastercard as an example. The card offers a 10% rebate on dining. You're still entitled to your rebate reward if your bill reaches a monthly limit.<\/li>\n
Cashback rate<\/b> \u2013 a percentage of savings you will earn from your cash rebates. Assuming that the cashback rate is up to 10%, you gain an extra RM50 on the dinner spend of RM500.<\/li>\n<\/ul> \n\n\n $\"https:\/\/www.pexels.com\/photo\/blue-master-card-on-denim-pocket-164571\/\"$ \n\n\n
The cashback rate will depend on your per-month expenditure if you opt for a card issuer with a tiered cash rebate structure. The more you spend, the more you earn in rebates.<\/p>\n\n
However, you can't earn more cash back than a monthly cap on specific categories, such as petrol, dining, and groceries. In most cases, card issuers offer unlimited rebates on online transactions.<\/p> <\/div>\n <\/div>\n <\/div>\n
\n
\n
\n \n <\/span>How to choose a perfect cash back credit card? <\/a>\n <\/h5>\n <\/div>\n
\n
\n $\"https:\/\/www.pexels.com\/photo\/natwest-atm-card-45111\/\"$ \n\n
When opting for an ideal cash back credit card that can meet your specific needs, there are many factors to consider. First, you need to think about where you spend your money.<\/p>\n\n
Then, there's also the amount of your typical everyday spending. Different spending categories qualify you for different rebate rates.<\/p>\n\n
Here are the most common spending categories that qualify you for cash rebates:<\/p>\n\n
\n
Entertainment<\/li>\n
Petrol<\/li>\n
Groceries<\/li>\n
Online and retail shopping<\/li>\n
Local and overseas retail<\/li>\n
Utilities<\/li>\n
Mobile transactions<\/li>\n
Miscellaneous<\/li>\n
Dining<\/li>\n<\/ul> \n\n\n
Most card issuers offer cash rebates on categories like grocery, dining, retail shopping, entertainment, and petrol. However, card issuers offer different terms and conditions regarding how much you can earn per month and category. Check your monthly expenditure to ascertain which categories match your spending.<\/p>\n\n
Card issuers offer multi-tiered rebate rates that can go up to 15% depending on the financial institution. Although a high cashback rate might look good to you, we recommend thinking twice before applying. A credit card could offer top rebate rates but for categories that don't match your spending habits.<\/p> <\/div>\n <\/div>\n <\/div>\n
\n
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\n \n <\/span>The Best Cash Back Credit Cards By Category <\/a>\n <\/h5>\n <\/div>\n
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\n $\"https:\/\/www.pexels.com\/photo\/bank-blur-business-buy-259200\/\"$ \n\n
Here's our list of the best cashback credit cards by spending categories to help you choose the one that suits your buyer persona.<\/p>\n\n
\n
Cash Rebate Credit Cards for Gas
\n $\"https:\/\/www.pexels.com\/photo\/black-payment-terminal-2988232\/\"$ \n\n\n
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Hong Leong Wise Visa Card (RM15 monthly cap) \u2013 weekend-only up to 8% rebate when you spend RM500 and above per month on gas, dining, online, and groceries.\n<\/li>\n
Maybank Islamic MasterCard Ikhwan Platinum Card (RM50 monthly cap) \u2013 5% rebate on gas and groceries and 1 TreatsPoint for every RM1 spent on travel, dining, and groceries locally and overseas.<\/li>\n
Public Bank Patron Visa Gold (RM50 monthly cap) \u2013 5% rebate on gas and non-gas transactions at Petron service station.<\/li>\n<\/ul> \n<\/li>\n\n
Cash Rebate Credit Cards for Groceries
\n $\"https:\/\/www.pexels.com\/photo\/white-mug-with-coffee-beans-beside-brown-wallet-1420707\/\"$ \n\n
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HSBC Amanah MPower Platinum Credit Card-i (RM15 per category monthly cap) \u2013 up to 8% rebate for RM2,000 and above spent on Touch-N-Go transactions, petrol, and groceries.\n<\/li>\n
Maybank Islamic MasterCard Ikhwan (RM50 monthly cap) \u2013 earn up to a 5% rebate on petrol and groceries every Friday and Saturday, including TreatPoints on travel, dining, and retail shopping.<\/li>\n
UOB YOLO Visa (RM30 monthly cap) \u2013 up to 5% on utilities, travel, dining, online transactions, entertainment, petrol, and groceries.<\/li>\n<\/ul> \n<\/li>\n\n\n
Cash Rebate Credit Cards for Dining
\n $\"https:\/\/www.pexels.com\/photo\/shopping-business-money-pay-50987\/\"$ \n\n\n
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Citi Cash Back Mastercard (RM10 per category monthly cap) \u2013 up to 10% rebate on Grab, groceries, petrol, and dining with Citi Cash Back Mastercard when you spend RM500 and above.\n<\/li>\n
Maybank Islamic MasterCard Ikhwan (RM50 monthly cap) \u2013 earn up to a 5% rebate on petrol and groceries every Friday and Saturday, including TreatPoints on travel, dining, and retail shopping.<\/li>\n
UOB YOLO Visa (RM30 monthly cap) \u2013 up to 5% on utilities, travel, dining, online transactions, entertainment, petrol, and groceries.<\/li>\n<\/ul> \n\n<\/li>\n\n\n\n
Cash Back Credit Cards for Other Categories in Malaysia
\n $\"https:\/\/www.pexels.com\/photo\/woman-in-gray-sweater-online-shopping-6207699\/\"$ \n\n\n
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Public Bank Quantum Visa (RM20 monthly cap) \u2013 up to 5% on utilities, travel, dining, contactless transactions, entertainment, gas, and groceries.\n<\/li>\n
AEON Big Visa Gold (RM100 per month) \u2013 up to 2% rebate on overseas and online transactions, 5% rebate on gas every Sunday, 2% rebate on overseas and online entertainment, and 2% cash back on dining, travel, and utilities.<\/li>\n
Alliance Bank Visa Signature (uncapped) \u2013 up to 5% on other retail transactions, online shopping, dining, gas, and groceries.<\/li>\n<\/ul> \n<\/li>\n<\/ol> <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n \n \n Choose One Now<\/a>\n \n [\/vc_tta_section][vc_tta_section title=”FAQ’s” tab_id=”1675326945334-11eef09e-af210d48-68d8″][vc_column_text]<\/p>\n
FAQ<\/h2>\n
[\/vc_column_text][vc_row_inner css=”.vc_custom_1675331836289{margin-bottom: 30px !important;padding-top: 46px !important;padding-right: 70px !important;padding-bottom: 46px !important;padding-left: 70px !important;background-color: #fef6f5 !important;border-radius: 25px !important;}”][vc_column_inner width=”4\/12″][vc_column_text] $\"\"$ [\/vc_column_text][\/vc_column_inner][vc_column_inner width=”8\/12″][vc_column_text css=”.vc_custom_1660704463008{margin-bottom: 16px !important;}”]A credit card is a convenient tool for people to pay for purchases today, offering many perks and rewards that can add up to more savings for the cardholders.[\/vc_column_text][vc_column_text css=”.vc_custom_1673589066597{margin-bottom: 16px !important;}”]Today, consumers often use credit cards as payment for their purchases since they are convenient and often come with benefits and incentives that can result in additional discounts for cardholders.<\/span> With a wide variety of these cards with various advantages, you might ask how to pick the ideal one for your financial needs.<\/span> We have collected the following FAQ to enable you to understand the most relevant questions regards credit cards, including user conditions,<\/span> interest rates,<\/span><\/a> and primary payment terms.<\/span>[\/vc_column_text][vc_column_text]Here\u2019s a short guide LOANPANDA has compiled to help you understand the credit card requirements, interest rates and basic payment terms.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner]
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\n \n <\/span>Do cash back credit cards include an annual fee? <\/a>\n <\/h5>\n <\/div>\n
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Most cash rebate credit cards offer the benefit of no annual fee. However, some cards like Public Bank Visa Classic Credit Card and AEON Classic Visa card include a per annum fee. It's advisable to read the terms and conditions before applying.<\/p> <\/div>\n <\/div>\n <\/div>\n
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\n \n <\/span>Can I earn cash rebates as a supplementary cardholder? <\/a>\n <\/h5>\n <\/div>\n
\n
\n
Unfortunately, supplementary cashback credit card users do not qualify for cashback rewards. However, some cashback credit cards allow principal users to combine all expenditures made with a supplementary card to get complimentary access to cash rebates.\n<\/p>\n
If you have such a credit card, you can amass cashback when an owner of a supplementary card uses it to make everyday purchases.<\/p> <\/div>\n <\/div>\n <\/div>\n
\n
\n
\n \n <\/span>What's the timeline for weekend cash rebates? <\/a>\n <\/h5>\n <\/div>\n
\n
\n
The timeline for weekend cashback typically beings at midnight on Saturday and ends on Sunday before midnight.<\/p>\n\n
However, the timeline varies from one institution to another. Read the terms and conditions to see how your card issuer manages your cash back rewards.<\/p> <\/div>\n <\/div>\n <\/div>\n
\n
\n
\n \n <\/span>What are credit card transactions that don't qualify for cash back rewards? <\/a>\n <\/h5>\n <\/div>\n
\n
\n
Not all credit card transactions are created equal. Some transactions are eligible for cash back, while others will be excluded from the rebate category.<\/p>\n\n
The transactions that don't qualify for rebates include charity payments, social services, transactions toward government agencies, taxes, charges, fee payments, Easy Payment Plan transactions, cash advances, and balance transfers.<\/p> <\/div>\n <\/div>\n <\/div>\n
\n
\n
\n \n <\/span>How do card issuers process the cash back? <\/a>\n <\/h5>\n <\/div>\n
\n
\n Card issuers will process the cash rebates you earn for the month until the due date of the current month. They calculate cashback a day before the statement date and show your rebates on the statement for the next month. <\/div>\n <\/div>\n <\/div>\n
\n
\n
\n \n <\/span>Is cash back visible on my credit card statement? <\/a>\n <\/h5>\n <\/div>\n
\n
\n Yes, you can find your cashback on your credit card statement. <\/div>\n <\/div>\n <\/div>\n
\n
\n
\n \n <\/span>How do I qualify for the cash back reward? <\/a>\n <\/h5>\n <\/div>\n
\n
\n You qualify for cash back by applying for a cash back credit card, making monthly purchases to accrue the benefit, and redeeming your rebates through your financial institution. <\/div>\n <\/div>\n <\/div>\n
\n
\n
\n \n <\/span>What's the minimum monthly spending for cash back? <\/a>\n <\/h5>\n <\/div>\n
\n
\n You must make a monthly spend of at least RM500 or above to qualify for cash back. <\/div>\n <\/div>\n <\/div>\n
\n
\n
\n \n <\/span>What is a cash rebate? <\/a>\n <\/h5>\n <\/div>\n
\n
\n A cash rebate or cash back is a benefit that credit card issuers offer to cardholders to allow them to get back some of the money they spend with their cards. When you spend on your everyday items, you get a percentage of that money back into your account. <\/div>\n <\/div>\n <\/div>\n
\n
\n
\n \n <\/span>Should I apply for a cashback credit card? <\/a>\n <\/h5>\n <\/div>\n
\n
\n You should consider signing up for a cashback credit card if:\n\n
\n
You always cover your card's balance in full every month;<\/li>\n
You want to avoid paying an annual fee;\n<\/li>\n
You want to earn cashback on your transactions without any interest charges.<\/li>\n<\/ul> \n\n\n\n\n <\/div>\n <\/div>\n <\/div>\n
\n
\n
\n \n <\/span>Can you earn cashback on all spending categories? <\/a>\n <\/h5>\n <\/div>\n
\n
\n No, you can't get rebates on all spending categories. Every card issuer covers a unique range of spending categories that qualify the cardholder for cash back rewards. <\/div>\n <\/div>\n <\/div>\n
\n
\n
\n \n <\/span>Are cash back rewards redeemable? <\/a>\n <\/h5>\n <\/div>\n
\n
\n You have multiple redemption options for redeeming your rewards, such as:\n\n\n
\n
Check in the mail<\/li>\n
Direct deposit to your savings or checking account<\/li>\n
Statement credits<\/li>\n
Gift cards<\/li>\n\n
Travel points<\/li>\n<\/ul> \n\n
Some card issuers allow you to redeem your rewards as points. Each point is worth one cent. If you have a card with up to 10% cash back on groceries, you can get up to 10 points for every dollar spent at eligible retailers.
<\/div>\n <\/div>\n <\/div>\n
\n
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\n \n <\/span>What is a tiered bonus category? <\/a>\n <\/h5>\n <\/div>\n
\n
\n A tiered bonus category is a cashback reward that offers rewards on all purchases (typically rewards of up to 5%) along with additional benefits for fixed bonus categories, ranging from 2% to up to 1o% cashback on travel, dining, etc. <\/div>\n <\/div>\n <\/div>\n
\n
\n
\n \n <\/span>What's the minimum monthly online spend to get cash back? <\/a>\n <\/h5>\n <\/div>\n
\n
\n In Malaysia, there are no cash rebates for spending less than RM500 per month. <\/div>\n <\/div>\n <\/div>\n
\n
\n
\n \n <\/span>Does my cash back expire? <\/a>\n <\/h5>\n <\/div>\n
\n
\n If your account closes for any reason or you have bad standing, you may lose your rewards. Most financial institutions don't let cash back expire over time. Check on the terms regarding your cashback with your card issuer. <\/div>\n <\/div>\n <\/div>\n
\n
\n
\n \n <\/span>When is the right moment to redeem my rewards? <\/a>\n <\/h5>\n <\/div>\n
\n
\n The two most typical redemption scenarios include the following:\n
\n
When you want to make an extra purchase with your cashback money;<\/li>\n
When your credit account reaches a high balance.<\/li>\n \n<\/ul> \n\n\n <\/div>\n <\/div>\n <\/div>\n
\n
\n
\n \n <\/span>Is cash back free money? <\/a>\n <\/h5>\n <\/div>\n
\n
\n Since you must use your card to spend on everyday items to earn cash back, cash rebates aren't free money. <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n \n [\/vc_tta_section][\/vc_tta_tabs][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1662354133900{background-color: #f5f5f5 !important;}”][vc_column width=”1\/12″][\/vc_column][vc_column width=”6\/12″ css=”.vc_custom_1658198808293{margin-top: 86px !important;margin-bottom: 86px !important;}” el_id=”footer-on-top”][vc_column_text css=”.vc_custom_1663400130590{margin-bottom: 8px !important;}”]<\/p>\n
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[\/vc_column_text][vc_column_text css=”.vc_custom_1663400216839{margin-bottom: 24px !important;}” el_id=”footer-on-top-subtitle”]Our mission is to deliver reliable, up-to-date tips & advice[\/vc_column_text][vc_column_text css=”.vc_custom_1684983739387{margin-bottom: 8px !important;}” el_id=”footer-on-top-contact-info”] $\"\"$ 011-7074 4194[\/vc_column_text][vc_column_text css=”.vc_custom_1661765868059{margin-bottom: 36px !important;}” el_id=”footer-on-top-contact-info”] $\"\"$ official@loanpanda.com.my<\/p>\n
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[\/vc_column_text][vc_row_inner][vc_column_inner el_id=”footer-on-top-btn-left” css=”.vc_custom_1663400583680{margin-bottom: 16px !important;padding-left: 0px !important;}”]\n Meet The Consultant<\/a>\n \n [\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column width=”4\/12″ el_id=”footer-on-top-img” offset=”vc_hidden-xs”][vc_single_image image=”4634″ img_size=”full”][\/vc_column][vc_column width=”1\/12″][\/vc_column][\/vc_row][vc_row][vc_column][vc_raw_js]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[\/vc_raw_js][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"
[vc_row css=”.vc_custom_1659507005626{background: #fef6f5 url(https:\/\/loanpanda.com.my\/test\/wp-content\/uploads\/2022\/08\/Frame-4318.png?id=4983) !important;}” el_id=”product-category-subheader”][vc_column][vc_column_text css=”.vc_custom_1660707046634{margin-top: 57px !important;margin-bottom: 57px !important;}”] Best for Cashback [\/vc_column_text][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1658978621274{margin-top: 58px !important;margin-bottom: 66px !important;}”][vc_column][vc_column_text][\/vc_column_text][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1675333466957{margin-top: 30px !important;margin-bottom: 30px !important;background-color: #ffffff !important;}”][vc_column css=”.vc_custom_1675333478533{background-color: #ffffff !important;}”][vc_tta_tabs color=”white” active_section=”1″][vc_tta_section title=”Guides” tab_id=”1675326945182-04c5ea33-9c310d48-68d8″][vc_column_text] Guides [\/vc_column_text][vc_column_text] Cash Back Credit Card Did you know that there’s a credit card that can help you tackle your debt […]<\/p>\n","protected":false},"author":6,"featured_media":0,"parent":4880,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_seopress_robots_primary_cat":"","_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"class_list":["post-5015","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/loanpanda.com.my\/test\/wp-json\/wp\/v2\/pages\/5015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/loanpanda.com.my\/test\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/loanpanda.com.my\/test\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/loanpanda.com.my\/test\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/loanpanda.com.my\/test\/wp-json\/wp\/v2\/comments?post=5015"}],"version-history":[{"count":53,"href":"https:\/\/loanpanda.com.my\/test\/wp-json\/wp\/v2\/pages\/5015\/revisions"}],"predecessor-version":[{"id":14927,"href":"https:\/\/loanpanda.com.my\/test\/wp-json\/wp\/v2\/pages\/5015\/revisions\/14927"}],"up":[{"embeddable":true,"href":"https:\/\/loanpanda.com.my\/test\/wp-json\/wp\/v2\/pages\/4880"}],"wp:attachment":[{"href":"https:\/\/loanpanda.com.my\/test\/wp-json\/wp\/v2\/media?parent=5015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}