Public Bank Visa Platinum
Public Bank Visa Platinum
Giving you 0.2% unlimited Cash MegaBonus on local and overseas retail spending, an annual fee waiver, free travel insurance and more — a truly platinum lifestyle.
Eligibility
Minimum monthly income
RM 4,167 (RM 50,000 annually)
Min. Age
Cardholder: 21 years old
Supplementary Cardholder: 18 years old
Resident Status
Anybody
Document required to apply
You will need to provide several documents such as (varies between different banks):
- A copy of your IC (both sides)
- Latest 3-6 months salary slip
- Latest EA statement
- Latest EPF statement
- Letter of Employment or employer confirmation
- Latest 1 year official tax receipt
- Latest 3 months bank statement
Fees & Charges
Interest Rate
15% - 18%
Annual Fee
RM 0
Free*
Annual Fee Waiver
Yes
Free for first year and waived when you make at least 12 swipes in the previous 12 months
Late Payment Fee
RM 50 or 5% of the outstanding amount, whichever is higher
Interest Rate
15%
Benefits
- Unlimited 0.2% Cash MegaBonus is yours for every Ringgit spent on retail purchases locally and overseas. Getting cashback every month is easy as there is no limit to credit card usage!
- Travel with peace of mind when full travel fares are charged to Public Bank Visa Platinum as you can automatically be covered with travel insurance up to RM500,000. Coverage will include claims for inconveniences caused by luggage delay, luggage loss, flight delay etc. Terms apply.
Terms and Conditions
Product review by CompareHero
Elevate your credit card game in sync with your income status with Public Bank Visa Platinum—a card that speaks your needs with benefits, privileges and uniqueness of its own.
Unlimited Cash MegaBonus with Public Bank Visa Platinum
Cash MegaBonus or cashback is one of many lifehacks at savings on your credit card expenses.
To earn Cash MegaBonus, you only need to swipe your Public Bank Visa Platinum on retail purchases, with RM1 spent equal to 0.2% Cash MegaBonus, credited every month into your credit card account.
While 0.2% may look less profitable, imagine the compounding effect of it on every Ringgit you have swiped.
What's more, there's no capping on the cashback amount you will get back. But remember, only retail transactions are qualified for this cashback.
Complimentary travel insurance
Suitable for those whose line of work entails business travelling and anyone fond of travelling, the Public Bank Visa Platinum credit card is equipped with a complimentary travel insurance plan that includes a claim for inconveniences such as flight delays, luggage lost/ delayed, etc.
To qualify for this complimentary travel insurance coverage of up to RM500,000, all you need to do is make a full travel arrangement such as purchasing flight tickets with your Visa Platinum credit card.
Voila! Never have to worry again.
Public Bank line of credits
0% Balance Transfer
Recover your sleepless nights and hair falls for worrying over credit card debts with the Public Bank Balance Transfer plan, easing your financial distress by offering a zero interest rate and low one-time upfront charges starting from 1.5% with repayment terms extended up to 48 months.
You can consolidate up to four credit cards and transfer them to your Public Bank credit card, subject to 80% of the total available credit limit.
The minimum transfer amount should be RM1,000, with repayment terms ranging from 6, 12, 24, 36 and 48 months.
Flexible Instalment Plans
Like what you see but can't afford the purchase? Opt for the Public Bank Flexipay Plan, which is a flexible credit card instalment plan for purchases made at non-participating merchants at a small fee.
But if you hurry, you can enjoy a 0% p.a. interest on your EPP conversion amount - always check out Public Bank credit card promotions!
Cash Advance
Are you strapping for cash? Make your way to Public Bank branches or any ATMs nearby to withdraw some cash from your Visa Platinum credit card at a small fee.
Public Bank Visa Platinum annual fee waiver
It is worth noting that the Public Bank Visa Platinum credit card is free of charge in the first year.
This should encourage you to spend more and reap the benefits and privileges of being a Public Bank credit card holder.
Plus, you can continue to get the annual fees waived when you make at least 12 swipes in the previous 12 months!