BSN 1 TeachersCard Mastercard®
BSN 1 TeachersCard Mastercard®
RM 2,000
Minimum monthly income
RM 0
Annual fee
waived for life
8.88%
Interest rate p.a
0%
Balance transfer rate (fixed)
Product details
Product details
Features
Good for
Rewards/Offers, Islamic & No Annual Payments
1X Happy Points for every RM1 spent
Finance Charge as low as 11% p.a
ZERO Annual Fee
Only applicable to Teachers and employees under the Ministry of Education, Malaysia /Lecturers in approved Public / Private Institutions of Higher Education / Teachers of MARA Junior Science College (MRSM)
FREE BSN Zing PLUSMiles Card
Up to RM500,000 travel insurance
Eligibility
| Minimum monthly income | RM 2,000 |
| 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 RM75) |
| Interest rate | 8.88% | First Year: Pay at least minimum payment by due date; Second Year onwards: Settling minimum payment due by the due date for 12 consecutive month |
| Balance transfer rate (fixed) | 0% | 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 RM75) |
| Interest rate |
8.88% First Year: Pay at least minimum payment by due date; Second Year onwards: Settling minimum payment due by the due date for 12 consecutive month |
| Balance transfer rate (fixed) |
0% 12 months Balance Transfer period |
Document required to apply
FAQs
FAQs
For those who work hard to provide their service to Malaysian education, the BSN 1 TeachersCard Mastercard is a credit card made specially just for you!
Enjoy special privileges just for you while earning rewards at the same time.
Every month, we’ll be faced with expenses to pay for. That’s where credit cards like the BSN 1 TeachersCard Mastercard come in handy! By offering rewards for every purchase made with the credit card, you’ll get to save more by redeeming useful products such as gadgets and home appliances!
1x BSN Happy Reward Point will be earned per RM1 based on purchases made locally. Even better if you pay for your expenses overseas, as you’ll receive 2x BSN Happy Rewards Points instead!
The best part of receiving these BSN Happy Reward Points is that there won’t be any expiry date, so you can redeem anytime.
Travelling abroad can sometimes be such a hassle, especially when you’re not able to pay when travel accidents or other inconveniences occur. With the BSN 1 TeachersCard Mastercard, you can receive up to RM100,000 insurance coverage. However, you have to purchase the total flight tickets with your BSN 1 TeachersCard Mastercard.
The travel insurance coverage includes up to RM600 for missed connection flights, RM600 for flight delays (if it’s more than 6 hours), delayed luggages (more than 6 hours) or lost luggages (more than 48 hours) for up to RM1,600 each.
Aside from that, the BSN 1 TeachersCard Mastercard also offers a membership registration fee waiver to become a member of YGMB (Yayasan Guru Malaysia Berhad). On top of that, 0.2% of your total spendings will be donated to them as well.
Even while you’re travelling from country to country, the BSN 1 TeachersCard Mastercard will be useful for times when you need to withdraw cash or simply to pay for your expenses. This is because the BSN 1 TeachersCard Mastercard works at more than 1 million ATMs worldwide.
Compared to most credit cards, the BSN 1 TeachersCard Mastercard offers an interest rate as low as 8.88% per year. However, this low interest rate only applies if you make your repayments for 12 months continuously before the due date.
Not only that, you won’t have to pay for any annual fees. There are no specific requirements to be exempted from paying the annual fees as well. Hence, you don’t have to worry about having to meet any conditions to get your annual fees waived, whether you are a principal or supplementary cardholder.
You can apply for this credit card with our online application form. At CompareHero, we offer a quick and easy way to apply. The application form can be completed with two simple steps. Once you’ve submitted your application, we will help to process your application moving forward.
Our customer service can be reached at +6012-385 0211 should you have any questions or require any assistance.
You have to be an employee or teacher under the Ministry of Education, lecturers in public/ private institutions of Higher Education or MARA Junior Science College (MRMS). Aside from that, you also have to be earning a minimum monthly income amount of RM2,000.
No, there will not be any annual fees charged to principal or supplementary cardholders. All cardholders wouldn’t have to meet any conditions or requirements to be exempted for the annual fees.
If you withdraw cash with the BSN 1 TeachersCard Mastercard, you have to pay a fee of 5% of the total amount withdrawn or RM10. There will also be a late payment fee of RM10 or 1% of the overdue amount, going up to a maximum amount of RM75. All cardholders will be charged a sales and service tax fee of RM25 once you’ve successfully activated your card as well as on the card anniversary date.
The BSN 1 TeachersCard Mastercard is suitable for teachers or employees who contribute to society through the Malaysian education sectors, who are looking for a credit card which helps them save money as well as earn rewards.
