Bank Rakyat Platinum Explorer Card

Bank Rakyat Platinum Explorer Card

Annual Fee : Free
Interest Rate : 13.5% p.a.
Minimal Income :
Citizen
21 and above
Free
20 days
13.5% p.a.
RM50 or 5% of outstanding amount, whichever is higher
RM5000

Privileges

    1. 5% cash back for all airlines and hotel bookings
    2. Three (3) times complimentary access a year to all Plaza Premium Lounge in Malaysia
    3. No annual fees
    4. No mark-up rate for overseas transactions. (NO additional fees on currency exchange for overseas transactions)
    5. Free Group Family Takaful Coverage and ‘Khairat Kematian’. Coverage includes guaranteed repayment of outstanding finances accrued through Credit Card-i usage.
    6. No compounding element.
    7. Low profit rate under the Credit Card-i Tiered Pricing Structure.
      Tier Criteria Yearly Profit Rate
      Tier 1: Minimum payment received before or on the Due Date for 9 months consecutively. Non-Bank Rakyat Share Member 13.5 %
      Bank Rakyat Share Member 13.0 %
      Tier 2: Minimum payment received before or on the Due Date for 6 months or more within 9 months period. Non-Bank Rakyat Share Member 17 %
      Bank Rakyat Share Member 15.5 %
      Tier 3: Does not meet the above conditions for Tier 1 and Tier 2. Non-Bank Rakyat Share Member 18 %
      Bank Rakyat Share Member 17 %
    8.  
      Note: The tiered pricing is not applicable for Bank Rakyat staff.

    1. Rakyat Rewards 1 point is given to cardholder every RM10 spent. The point would then be converted to cash at the rate of RM0.10 per 10 points.
    2.  
    3. Zakat payment – Card is accepted for zakat payment.

 

  1. Discount for Mail Order/ Telephone Order (MOTO): Privileges and special discounts under the Bank’s MOTO program. The program promotions will be sent together with the monthly Credit Card-i statement from time to time. Note:
    • Transactions at non-halal merchants will be declined.
    • Overseas Transaction and Online Purchase :  For security purpose, please contact our Bank Rakyat Card Centre at 03-2693 6880 before made any overseas and/or online transactions.

 

 

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