Top 9 Petrol Cashback Credit Cards in Malaysia

Petrol cashback credit cards in Malaysia
In this article, we summarize the best petrol cashback credit cards in Malaysia, read on!

The ceiling petrol price in Malaysia is announced every Wednesday of the week. This measure is said to enable consumers to know the latest fuel prices in Malaysia while avoiding confusion. As a petrol consumer, it is not within our will to control the price of the fuel. However, being a smart consumer, we can definitely maximize our petrol savings by getting one of these awesome petrol cashback credit cards.

Do you know that 40% of credit cards in Malaysia offers car-related benefits such as cashback or rewards points for petrol spending?  A credit card that would be suitable for car owners should offer benefits on petrol, as well as benefits for other car-related expenses. This can be in the form of discounts for car servicing, insurance or freebies. For petrol benefits, it can be in the form of cash back or rewards points given when the card is used for petrol spending.

Based on the points above, we’ve narrowed down the best 9 credit cards for car owners below (In my opinion, I vote UOB One Visa Classic as the best petrol cashback card in Malaysia (the last one in the list) since I would normally fill up my petrol tank and go to cinemas on weekends):

1. Standard Chartered JUST One Platinum Card

Just one Platinum credit card cash back petrol

Save money when you fill up for petrol while getting other benefits with Standard Chartered Just One Platinum Card! Check out the savings you can enjoy every month in the table shown below:

Minimum Retail Spend to Qualify For CashbackCashbackMinimum Retail SpendCashback Cap
RM0 – 1,0000.2%RM0RM12
RM1,001 – 1,4995%RM1,001RM12
RM1,500 – 2,49910%RM1,500RM28
RM2,500 & above15%RM2,500RM85

However, take note that there is a cashback cap for retail spending and a minimum petrol spend amount as stated above to be eligible for cashback.

Requirements:

  • Minimum monthly income of RM2,000 (RM24,000 per annum)
  • Annual fee is RM250

How to apply? Click the link below:


2. Hong Leong WISE Gold Card

MY_BestPetrolCreditCard_blog_hongleong

This is one of the best cards if you’re on the lookout for cashback. Get 10% cash back automatically when you spend a minimum of RM2,000 on posted retail transactions every month. Choose 2 out of 10 cash back categories that suit your lifestyle, maximise your cashback rewards and enjoy instant savings.

Requirements:

  • Minimum monthly income of RM2,000 (RM24,000 per annum)
  • Annual fee: RM250 for Principal cardholders and RM80 for supplementary cardholders

How to apply? Click the link below:


3. HSBC Amanah MPower Platinum Visa Credit Card-I

MY_CreditCard_HSBCAmanahMpower

Up to 8% cashback everyday on petrol and groceries for monthly spend above RM2,000. Get extra 0.2% cash back on all other spending with no cap. Maximize your cashback by getting your loved ones a supplementary card!

Benefits of this card:

  • Good cashback program that helps you get the most of your purchases.
Cashback CategoryCashback RateMonthly CapSpend
Petrol and Groceries2%RM50RM2,000 or less monthly
Petrol and Groceries8%RM50RM2,000 or above monthly
Local spending0.2%UncappedNo minimum spending amount needed
  • 20days grace period for all shopping transactions provided that all outstanding balance stated in the monthly statement is fully paid.
  • The HSBC Smart Privileges gives you discounts, free gifts, free drinks and more at participating retail outlets and hotels.
  • Premium privileges and offers from Visa, among which are discounts and Visa concierge services.

Requirements:

  • Minimum income RM3,000 (RM36,000 per annum)
  • Annual fees: RM240 for a Primary card and RM120 for a supplementary card. You will be eligible for the annual fee waiver with a minimum of 12 swipes per year.

How to apply? Click the link below:


4. Shell-Citi Gold Credit Card

MY_CreditCard_ShellCitiGold

If you want to save on your petrol spending and have exclusive privileges at the same time, this card may be the one you’re looking for. You can enjoy rebates of up to 8% on petrol per the table below.

TierMonthly Total Spending (RM) (Dining, travelling, bills, groceries)Rebate on Shell Fuel SpendingMonthly Cap For Rebates (RM)
1300 – 9994.0%Uncapped
21000 – 24996.0%Uncapped
3Above 25008.0%Uncapped

As a cardholder, you will also have access to perks like preferential treatment and discounts at over 25,000 dining, travel, golfing and shopping establishments worldwide!

Requirements:

  • Minimum monthly income of RM2,000 (RM24,000 per annum)
  • Annual fees RM195 per annum for the principal card, RM100.00 for the supplementary card. No annual fees for the first year by using the card for three times within 60 days of card approval.

How to apply? Click the link below:


5. Maybank Islamic MasterCard Ikhwan Gold Card-i

Maybank-Islamic-MasterCard-Ikhwan-Gold-Card

Put money back into your pocket. Get high 5% cashback every Friday and Saturday, and Maybank Treatpoints everytime you swipe your credit card!

  • 5% rebate on petrol and groceries spent on Friday and Saturday.
  • Free Maybank Touch ‘n Go Zing card.
  • The chance to visit Mecca is a blessing for every Muslim, that’s why Maybank will give out a free Umrah travel package if you’re selected as one of its weekly winners.
  • For non-Muslims who win, you’ll get a holiday package instead!

As for the cashback, you spend any amount on weekends in the month using this card to receive the RM50 maximum monthly cashback.

Requirements:

  • Minimum income RM2,500 (RM30,000 per annum)
  • No annual fees (Free for life)

How to apply? Click the link below:


6. Petronas Maybank Visa Gold

Petronas-maybank-visa-card

This is another card you can consider to help you save on your petrol cost. You will also get additional privileges from this card as below:

  • 8x TreatsPoints on weekends
  • 5x TreatsPoints on weekdays

The more points you collect, the more free petrol you can redeem!

Requirements:

  • Minimum monthly income of RM2,500 (RM30,000 per annum)
  • Lifetime free annual fees

How to apply? Click the link below:


7. CIMB Petronas Platinum MasterCard

CIMB Petronas Platinum MasterCard

This is a card you should consider if you frequently purchase fuel at Petronas as you can get up to 7% cash rebate every day using this card. The cash rebate minimum spend are  stated below:

  • 7% cash rebate with a statement balance of RM3,000 and above
  • 3% cash rebate with a statement balance of RM3,000 and below
  • 2% cash rebate on other retail spends

However, the cash rebate on Petronas spending will be capped at RM50 per month, but there is no limitation of cash rebate on other retail spends. Another benefit of this card is that it does not charge for an annual fee.

Requirements:

  • Minimum income of RM2,000 monthly
  • No annual fees (Free for life)

How to apply? Click the link below:


8. AmBank CARz Platinum MasterCard

AmBank CARz Platinum MasterCard

Here’s another Shariah-compliant credit card you can consider if you’re looking for an Islamic petrol card. It’s ideally for those who do not want to limit themselves to only one petrol brand. With this card, you can earn cash rebate on any petrol purchase regardless of the brands.

Depending on how you manage your credit card bill, you’ll get to enjoy 5% cashback, capped at RM80 per month, if you only settle partial or only the minimum payment. 2% cashback for those who settle the bill in full, with a cap of RM20 per month.

Spending overseas and locally on retail transactions gains you 1x CARz Points. Swipe your AmBank CARz Platinum MasterCard for all purchases, collect CARz Points and redeem auto-related goods and services.

Requirements:

  • Minimum income RM4,000 (RM48,000 per annum)
  • No annual fees as it is free for life for a principal card and first 3 supplementary cards is also free.

How to apply? Click the link below:


9. UOB One Visa Classic (The Best Petrol & Cinema Cashback Credit Card)

UOB-one-card

This is the card you need if you are looking for cashback on both petrol and cinema spending, especially when you always spend them on weekends. You can use this card at all petrol stations in Malaysia and enjoy weekend petrol cash rebate up to 5% (1% on weekdays). At the same time, enjoy up to 8% Golden Screen Cinema unlimited purchases cashback on weekends.

  • 5% Cashback on Petrol at any Petrol Station
  • 8% Cinema spend (Golden Screen Cinemas)
  • 2% Cashback for Groceries & Telecommunication spend & 0.2% for Other spend
  • Enjoy up to 15% discount on dining at over 150 restaurants

Requirements:

  • Minimum income RM2,000 (RM24,000 per annum)
  • Annual fees RM68 per annum for the principal card, RM30 for the supplementary card.

How to apply? Click the link below:

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