Bank Rakyat Credit Card-i Classic
Bank Rakyat Credit Card-i Classic
RM 5,000
Minimum monthly income
RM 0
Annual fee
waived for life
13.5%
Interest rate p.a
3%
Balance transfer rate (fixed)
Product details
Product details
Features
Good for
Rewards/Offers, Islamic & No Annual Payments
1X Rakyat Reward Points for every RM10 spent
Islamic Credit Card
ZERO Annual Fee
Card usage limited to Halal transactions only
Eligibility
| Minimum monthly income | RM 5,000 |
| Minimum age: | |
| Cardholder | 21 |
| Supplementary Cardholder | 18 |
Fees & Charges
| Annual fee | RM 0 | waived for life |
| Annual fee waiver | Yes | waived for life |
| Late payment fee | RM 10/1% | 1% of the outstanding balance or RM10, whichever is higher (to a maximum of RM100) |
| Interest rate | 13.5% | Settling minimum payment due for 12 consecutive month |
| Balance transfer rate (fixed) | 3% | 12 months Balance Transfer period |
| Annual fee |
RM 0 waived for life |
| Annual fee waiver |
Yes waived for life |
| Late payment fee |
RM 10/1% 1% of the outstanding balance or RM10, whichever is higher (to a maximum of RM100) |
| Interest rate |
13.5% Settling minimum payment due for 12 consecutive month |
| Balance transfer rate (fixed) |
3% 12 months Balance Transfer period |
Document required to apply
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Be rewarded for making Halal purchases on products and service with the Bank Rakyat Credit Card-i Classic. Not only that, you could also receive free Takaful protection for you and your family.
Enjoy rewards with the Bank Rakyat Credit Card-i Classic
Spending with the Bank Rakyat Credit Card-i Classic would be absolutely rewarding as you will gain 1 Rakyat Reward Point based on every RM10 that you managed to spend so far. What’s more, you’ll also get to convert all your Rakyat Reward Points into cash!
Based on a rate of RM0.10 for every 10 Rakyat Reward Points, you could convert and exchange them in the form of cash.
Do take note that the Rakyat Reward Points will only be given if it is spent at Halal merchants. Before using your Bank Rakyat Credit Card-i Classic and making the payments, you’ll have to check beforehand whether it is Halal or not.
No annual fees when you own the Bank Rakyat Credit Card-i Classic
The Bank Rakyat Credit Card-i Classic offers zero annual fees for as long as you own the credit card! With no hidden requirements or conditions, you would only need to use the credit card however you’d like and not pay any annual fees.
Complimentary Takaful Protection
It can be difficult when it comes to financial payments as unexpected situations may occur such as the death of a loved one or an accident that causes permanent disability. The Bank Rakyat Credit Card-i Classic would offer Takaful protection by paying the full amount for your overdue credit card bills so you wouldn't have to worry about your debts. The Takaful Protection covers up to RM1,000 for deaths as well.
FAQs
FAQs
To apply for the Bank Rakyat Credit Card-i Classic, all you have to do is fill up our online application form that comes in two simple steps. After you have completed the online application form, we will process your application from there. However, if you run into any problems or have any questions in mind, you can easily reach out to our customer service hotline at +6012-385 0211.
You only need to be earning a minimum amount of RM2,000 a month to apply for this credit card. Aside from that, you’ll also have to be at least 21 years old and above for principal cards. However, supplementary cards require cardholders to be at least 18 years old and above.
There is no annual fee charged for all cardholders. Principal and supplementary cardholders are not required to fulfill any requirements to get your annual fees waived as well.
The sales and service tax fee would be RM25, charged to both principal and supplementary cardholders once the card is activated as well as during the renewal dates every year.
- Receive 1 Rakyat Reward Point for every purchase made at Halal merchants
- Receive free Family Takaful protection coverage
- No annual fees required
The Bank Rakyat Credit Card-i Classic would be the best option for those who are earning a low income as the monthly income requirement is only RM2,000. It’s also for those who prefer to own a credit card that rewards based on Halal merchants only as it will align with their religious beliefs and values.
