Best Credit Cards to Pay Your Utilities Bill in Malaysia

A study on Malaysian payment habits found that almost 90% of those surveyed preferred to use cash to make purchases. Cashless forms of payment are very much still developing in this country. 

However, the benefits of cashless payment, including the use of credit cards to pay bills is still underappreciated and underutilized. 

Save money and enjoy rewards when you pay your bills every month. Here are the best credit cards in Malaysia to help you do so. We have compiled the list based on the cashback and reward points received when making bill payment with the cards.

Hong Leong WISE Gold Card

Enjoy the flexibility of choosing from 2 spending categories with one of best cash back credit cards. This credit card from Hong Leong Bank is ideal if you want to get savings on your bill payments as that is one of the cashback categories you can choose from.

You're allowed to change and combine 2 spending categories, and enjoy up to 8% cashbacks on them with no spending cap. The only condition is that your minimum monthly retail spend must exceed RM500. 

Requirements:

• Minimum monthly income of RM2,000 (RM24,000 per annum)
• Annual fee: RM 98 

UOB Platinum Business Card

Here's a corporate-centric card from among the wide array of UOB cards available. It's designed to fit the fast-paced executive, rather than being a credit card for utilities only.

You can enjoy unlimited cashbacks from JomPAY and other utilities transactions at a rate of 0.2%.This includes the utility bills for your business, and not just personal ones.

The card is perfect for those who have to travel too, as it offers 1.2% cashback on overseas spend and RM1 million travel insurance coverage. 

Cashbacks are also available at 0.5% for local spends, excluding petrol and government charges.

Requirements:

• Minimum monthly income of RM5,000 (RM60,000 per annum)
• Annual fee: RM150, waived for the first 2 years

RHB Shell Visa Credit Card

Almost all RHB credit cards are perfect for you if you're looking for cards that offer cashbacks on utility bills. One of these is the RHB Shell Visa card that offers 5% cashbacks on utility bills.

This cashback is also available for online, supermarket, utility bills and top up e-wallet spend. However, cashbacks are capped at RM50 for all the categories combined. 

The card also offers up to 12% cashbacks at Shell petrol stations, capped at RM50 so you can get the best value when fueling up. 

Requirements:

• Minimum monthly income of RM2,000 (RM24,000 per annum)
• Annual fee: RM195, waived for the first year and subsequent years when you swipe more than 24X.

Alliance Bank Visa Platinum

If you’re not after cashbacks, this credit card from Alliance Bank  rewards you with Timeless Bonus Points (TBPs) when you charge to this card. For utilities, the Visa Platinum allows you 1X TBPs for auto billing. 

Therefore, you will have to switch your payments to enjoy the points collected. 

The TBPS can be used redeem  items, vouchers and even airmiles. The best part is that the points do not expire! 

Requirements:

• Minimum monthly income of RM2,000 (RM24,000 per annum)
• Annual fee: RM120, waived for first year and thereafter with at least 12X swipes p.a.

See also:  Save Money With These Low Interest Rate Credit Cards

Maybank 2 Gold Card

Get the advantage of having two cards in one with the Maybank 2 Gold.  You'll enjoy both American Express and Visa/Mastercard, earning rewards with both. 

This is a particularly unique Maybank card and if you use it well, you'll double your points and cashbacks. 

When it comes to utilities, you'll be able to earn 1X Treatpoints whenever you pay with either your Maybank Visa/Mastercard or American Express. 

The card also gives you 5% on all retail spend. However, this does not cover utility payments or government body payments on the weekend. Cashbacks on this card are capped at RM50 per month. Interestingly, this is also one of the credit cards with no annual fees.

Requirements:

• Minimum monthly income of RM2,500 (RM30,000 per annum)
• Annual fee: NO annual fees, waived for life. 

Conclusion

When looking for best credit card for utility bill payments in Malaysia, it's best to look at the bigger picture. You should not just look for a utilities credit card per se, but one that offers you cashbacks or rewards for your lifestyle.

Consider the other categories in your life will benefit from the card, and choose a package to optimize savings. 

You can always reach out to us to understand any of the cards and its terms and conditions better. Our helpful support staff will be able to guide you in your decisions so you can make informed ones.

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