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 Card 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
RM5002%RM500RM10
RM8003%RM833RM25
RM1,5005%RM1,000RM50

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 RM265

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. Enjoy 10% cash back with a minimum of 10 retails transactions monthly of minimum RM50 per transactions! The best part is that you get to choose the spending categories of your choice so this card can suit your spending habits and maximize your cashback!

Requirements:

  • Minimum monthly income of RM2,000 (RM24,000 per annum)
  • Annual fee: RM169.90 for Principal cardholders and RM84.80 for supplementary cardholders

How to apply? Click the link below:


3. HSBC Amanah MPower Platinum Visa Credit Card-I

MY_CreditCard_HSBCAmanahMpower

If you want a card that gives you access to platinum privileges whilst being Shariah-compliant, this card can deliver that to you.

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 RM2,500 (RM30,000 per annum)
  • Annual fees: RM95.40 for a Primary card and RM47.40 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 SpendingMax. Monthly Shell Fuel Spending Eligible For Rebates (RM)
1*300 – 9994.0%250
2**1000 – 24996.0%500
3***Above 25008.0%800

*     Monthly cap of RM10
**   Monthly cap of RM30
*** Monthly cap of RM64

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 RM206.70 per annum for the principal card, RM106.00 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

Maybank-Islamic-MasterCard-Ikhwan-Gold-Card

This is an ideal credit card for those looking for a basic card or a basic and Islamic credit card. Features of this card are as below:

  • 5% rebate on petrol and groceries spent on Friday and Saturday.
  • Free Maybank Touch ‘n Go Zing card.
  • Cardcare Takaful plan which is available for all Maybank Islamic Ikhwan Visa and American Express cardholders. With a contribution of RM0.28 a month for every RM100 of your outstanding card balance, you will be covered of up to RM100,000. The coverage will be on your credit card debt in the event of sickness or accident.

As for the cashback, you will need to charge at least RM1,000 monthly to this card to receive the RM50 maximum monthly cashback.

Requirements:

  • Minimum income RM2,500 (RM30,000 per annum)

How to apply? Click the link below:


6. Petronas Maybank Visa

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 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

How to apply? Click the link below:


8. AmBank CARZ Platinum Credit Card

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.

Revolvers will get 3% rebate while transactors will get 2% rebate capped at RM20 per month. Aside from that, you will also collect CARz Point which you can then use to redeem auto-related goods and services.

Requirements:

  • Minimum income RM2,500 (RM30,000 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 Card (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)

How to apply? Click the link below:

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