Best Standard Chartered Credit Card in Malaysia

Standard Chartered Credit Card Annual Fee Comparison

Best Standard Chartered Credit Card 

1. Smart Credit Card

Features & Benefits

• Buy now, pay later with a 0% down payment spread over 3 months. With FlexiPay Plus, you may divide any transaction worth more than RM500 into three interest-free instalments.
• No cash advance fees.
• Easy-Payment-Scheme. Convert your transactions at selected retailers to a 0% easy payment scheme.
• 6% off digital lifestyle goods. You may earn up to RM20 rebate on Astro, Joox, iQIYI, Netflix, Playstation, Spotify, and Steam when you spend RM1,000 in retail purchases.
• Enjoy Life. Take advantage of amazing deals and perks at over 4,000 shops in Malaysia and throughout Asia.

Eligibility

• RM36,000 is the minimum annual income.
• The principal cardholder must be a minimum of 21 years old.
• The supplementary cardholder must be a minimum of 18 years old.

Fees & Charges

• RM120 annual fee for the primary card and free of charge for the supplementary card.
• The annual fee for the first year is free, and the following years are eliminated if you spend RM12,000 every year.
• There is RM25 for sales and services tax on the activation and anniversary dates of each primary and supplementary card.
• The minimum monthly payment is RM50 or 5% of the outstanding amount, depending on what is greater.
• A cost of RM10 or 1% of the outstanding late payment fee, up to a limit of RM100, is levied.
• The cash withdrawal charge is RM25 or 5% of the outstanding amount, whichever is greater.
• Interest rate charges range from 15 to 18% per year for cardholders who have made on-time minimum monthly payments for the previous 12 months.
• If the Cardholder exceeds their permitted credit limit, they will be charged RM50.

2. Visa Platinum Credit Card

Features & Benefits

• Dining, department stores, and purchases made abroad earn 5x points, while other purchases earn 1x.
• 5,000 bonus points per month with a minimum retail purchase of RM1,500.
• With purchase protection, you may shop online without anxiety.

Benefits of using bonus points to redeem:

Eligibility

• RM36,000 is the minimum annual income.
• The principal cardholder must be a minimum of 21 years old.
• The supplementary cardholder must be a minimum of 18 years old.

Fees & Charges

• RM120 annual fee for the primary card and free of charge for the supplementary card.
• The annual fee for the first 2 years is free, and the following years are eliminated if you spend RM12,000 every year.
• There is RM25 for sales and services tax on the activation and anniversary dates of each primary and supplementary card.
• The minimum monthly payment is RM50 or 5% of the outstanding amount, depending on what is greater.
• A cost of RM10 or 1% of the outstanding late payment fee, up to a limit of RM100, is levied.
• The cash withdrawal charge is RM25 or 5% of the outstanding amount, whichever is greater.
• Interest rate charges range from 15 to 18% per year for cardholders who have made on-time minimum monthly payments for the previous 12 months.
• If the Cardholder exceeds their permitted credit limit, they will be charged RM50.

3. Journey Credit Card

Features & Benefits

• Earn 5X Mile Points when you spend RM1 on foreign travel and dining.
• For every RM5 spent on other local purchases, you will receive 1 Mile.
• Collect 1 AirMile for every 2 Miles Points when redeeming points.
• For international flights, you can access the Plaza Premium Airport Lounge at KLIA and KLIA2.
• In Malaysia, Grab provides complimentary airport transfers and discounts of up to RM65 on the initial Grab transaction during that monthly.
• A minimum of RM2,500 in travel must be spent within 90 days of the Grab ride to qualify for the cashback and complimentary airport transportation.

Eligibility

• RM90,000 is the minimum annual income.
• The principal cardholder must be a minimum of 21 years old.
• The supplementary cardholder must be a minimum of 18 years old.

Fees & Charges

• RM600 annual fee for the primary card and free of charge for the supplementary card.
• The first year’s yearly charge is waived, and subsequent years are waived provided you spend a minimum of RM60,000 on retail goods each year.
• There is RM25 for sales and services tax on the activation and anniversary dates of each primary and supplementary card.
• The minimum monthly payment is RM50 or 5% of the outstanding amount, depending on what is greater.
• A cost of RM10 or 1% of the outstanding late payment fee, up to a limit of RM100, is levied.
• The cash withdrawal charge is RM25 or 5% of the outstanding amount, whichever is greater.
• Interest rate charges range from 15 to 18% per year for cardholders who have made on-time minimum monthly payments for the previous 12 months.
• If the Cardholder exceeds their permitted credit limit, they will be charged RM50.

4. Simply Cash Credit Card

Features & Benefits

• Rebate up to 15% on fuel, specified e-wallets and certain shopping and dining purchases.
• Purchase Protection for e-Commerce (up to USD200).
• Cashback is limited to RM60 monthly.

Table for 15% rebate:

¹ Reward on petrol, e-wallets, groceries, and restaurants is capped at RM20 per transaction, subject to the reward cap in each spend tier.

Eligibility

• RM36,000 is the minimum annual income.
• The principal cardholder must be a minimum of 21 years old.
• The supplementary cardholder must be a minimum of 18 years old.

Fees & Charges

• RM250 annual fee for the primary card and free of charge for the supplementary card.
• The annual fee for the first year is free, and the following years are eliminated if you spend RM12,000 every year.
• There is RM25 for sales and services tax on the activation and anniversary dates of each primary and supplementary card.
• The minimum monthly payment is RM50 or 5% of the outstanding amount, depending on what is greater.
• A cost of RM10 or 1% of the outstanding late payment fee, up to a limit of RM100, is levied.
• The cash withdrawal charge is RM25 or 5% of the outstanding amount, whichever is greater.
• Interest rate charges range from 15 to 18% per year for cardholders who have made on-time minimum monthly payments for the previous 12 months.
• If the Cardholder exceeds their permitted credit limit, they will be charged RM50.

5. Platinum Mastercard Basic Credit Card

Features & Benefits

• For every RM1 contribution with this card, you will receive 1 point.
• Enjoy Life. Take advantage of amazing deals and perks at over 4,000 shops in Malaysia and throughout Asia.
• Enjoy 0% instalment at over merchants.
• Annual fee waiver.

Eligibility

• RM24,000 is the minimum annual income.
• The principal cardholder must be a minimum of 21 years old.
• The supplementary cardholder must be a minimum of 18 years old.

Fees & Charges

• Waived for life to primary and supplementary cards.
• There is RM25 for sales and services tax on the activation and anniversary dates of each primary and supplementary card.
• The minimum monthly payment is RM50 or 5% of the outstanding amount, depending on what is greater.
• A cost of RM10 or 1% of the outstanding late payment fee, up to a limit of RM100, is levied.
• The cash withdrawal charge is RM25 or 5% of the outstanding amount, whichever is greater.
• Interest rate charges range from 15 to 18% per year for cardholders who have made on-time minimum monthly payments for the previous 12 months.
• If the Cardholder exceeds their permitted credit limit, they will be charged RM50.

6. Priority Banking Visa Infinite Credit Card

Features & Benefits

• Earn 5 points for every RM 1 spent overseas on dining, entertainment and shopping; when spent locally, only able to receive 1 point.
• Priority Pass provides free admission to more than 600 lounges at airports worldwide twice yearly.
• Invitation to an exclusive sale event and eating specials.
• Protection Plan provides abroad medical coverage of up to RM50,000 per person for the principal cardholder and spouse, Travel Accident Insurance offers up to RM100,000 in coverage for emergency medical evacuation, repatriation, and medicine delivery. Up to RM1,000 in reimbursement for critical products unexpectedly lost in transit; RM500 in reimbursement for emergency dentistry expenditures.

Eligibility

• Only offer to those invited.
• Priority members of banks must have at least RM250,000 in Assets Under Management (“AUM”) as of the month’s last day.
• The principal cardholder must be a minimum of 21 years old.
• The supplementary cardholder must be a minimum of 18 years old.

Fees & Charges

• RM800 annual fee to pay for the primary card and RM400 to pay for the supplementary card.
• The annual fee for the first 2 years is free, and the following years are eliminated if you spend RM10,000 per year per card.
• There is RM25 for sales and services tax on the activation and anniversary dates of each primary and supplementary card.
• The minimum monthly payment is RM50 or 5% of the outstanding amount, depending on what is greater.
• A cost of RM10 or 1% of the outstanding late payment fee, up to a limit of RM100, is levied.
• The cash withdrawal charge is RM25 or 5% of the outstanding amount, whichever is greater.
• Interest rate charges range from 15 to 18% per year for cardholders who have made on-time minimum monthly payments for the previous 12 months.
• If the Cardholder exceeds their permitted credit limit, they will be charged RM50.

Standard Chartered Credit Card Malaysia: Rewards and Travel

The Standard Chartered Malaysia credit card benefits travel enthusiasts and is hand-picked for folks who love everyday perks and travel’s finer aspects.

These cards are designed with the world traveller in mind, ensuring that every trip, whether for business or pleasure, is rewarding. Every dollar spent abroad or on travel, platforms could result in the accumulation of air miles, which can then be redeemed for airline tickets, class upgrades, or other travel-related luxuries. Aside from that, members can enjoy complimentary airport lounge access, which adds a sense of elegance during transit periods. The Standard Chartered Malaysia credit card also emphasises holistic rewards, ensuring users benefit from various spending areas. Users may earn points or cashback for everything from dining out to online shopping, making the travel feel more beneficial.

Standard Chartered Travel Credit Card

Regarding such cards, the Standard Chartered Malaysia credit card line cannot be overlooked. These cards have been expertly curated to meet the discerning traveller’s needs, with unrivalled travel advantages and superior transactional features.

1. Standard Chartered WorldMiles Mastercard: This card is popular among regular flyers. Every ringgit spent abroad gets users WorldMiles points, which may instantly be converted to air miles. Cardholders also receive complimentary airport lounge access across Asia, ensuring their journeys begin in style.
2. Standard Chartered Platinum Visa/Mastercard: Designed for those who enjoy lifestyle and travel benefits. With this card, every domestic or foreign purchase earns reward points. With each transaction, these can be exchanged for air miles or other enticing rewards, bringing you one step closer to your next holiday.
3. Standard Chartered Priority Banking Visa Infinite: This card is distinguished by its exclusivity and unrivalled perks. This card, designed for the discerning traveller, provides accelerated reward points on international purchases, complimentary travel insurance, and unlimited access to airport lounges worldwide.

Standard Chartered Credit Card: Daily spending and cashback

The Standard Chartered Malaysia credit card provides unrivalled benefits, particularly in terms of daily expenditure and cashback. These credit cards are more than just transaction instruments; they are channels for optimising every ringgit spent, guaranteeing cardholders are constantly rewarded.

1. Standard Chartered Smart Credit Card: It is a dual benefit card that delivers cashback on several categories of everyday spending and a 0% easy payment plan for significant purchases, guaranteeing cardholders enjoy immediate rewards and long-term financial freedom.
2. Standard Chartered JustOne Platinum Mastercard: This card has carved out a niche among those looking for significant cashback. Cardholders can earn up to 15% cashback on auto-bill payments, online purchases and gas, depending on their monthly spending. It’s a card that rewards you for using it more frequently, especially for daily necessities.
3. Standard Chartered Cashback Gold Mastercard/Visa: This card, designed for everyday spending, ensures customers receive cashback on all retail purchases with no monthly cashback cap. Whether eating out, shopping for groceries or going to the movies, each transaction provides monetary benefits.

Standard Chartered Balance Transfer Plan

The Standard Chartered Balance Transfer Plan has been methodically designed to assist cardholders in managing their outstanding credit card debt, providing a clearer route to financial stability. Cardholders can use this plan to transfer outstanding balances from other bank credit cards to their Standard Chartered credit card. As a result, they can benefit from decreased interest rates, making it easier and less expensive to repay current debts.

The Standard Chartered Balance Transfer Plan has the following important features:

• Competitive Interest Rates: The low-interest rate is one of the plan’s primary advantages. Users may save a significant amount of money on interest payments by transferring their balance to a Standard Chartered Malaysia credit card.
• Flexible Tenures: Recognising that each cardholder’s financial condition is unique, the plan provides a variety of repayment terms. Whether a short-term repayment plan or a longer repayment time is desired, there is flexibility to meet individual demands.
• Streamlined Payments: Payments, due dates, and interest rates are all multiplied when you have many credit cards. Cardholders can enjoy the convenience of a single monthly payment by merging them under the Standard Chartered Balance Transfer Plan, making financial management easier.
• No Hidden Fees: Standard Chartered is open and honest in its dealings. When using the balance transfer plan, cardholders may rest confident that there are no hidden fees or charges.
• Easy Application: The application process for the balance transfer is simple and uncomplicated, allowing cardholders to take advantage of the benefits without having to deal with tedious paperwork or long wait times.

Standard Chartered FlexiPay Plan

The Standard Chartered Malaysia credit card suite includes the Standard Chartered FlexiPay Plan, a deliberately designed feature that simplifies payment for large purchases. The FlexiPay Plan, at its core, allows Standard Chartered credit card users to turn significant credit card transactions into manageable monthly instalments. This feature empowers consumers by offering a structured payback plan frequently accompanied by a lower interest rate than standard credit card charges.

Expanding on the Standard Chartered FlexiPay Plan’s features:

Easy Conversion: Cardholders can simply convert a big purchase made with a Standard Chartered Malaysia credit card into the FlexiPay Plan, breaking it into monthly instalments.

Flexible Tenure Options: Recognising its cardholders’ different financial landscapes, the plan provides multiple tenure options ranging from a few months to a few years. This ensures that each cardholder can choose a length corresponding to their payback capacity.

Attractive Interest Rates: The FlexiPay Plan is notable for its low-interest rates. Cardholders that use this plan can typically save a significant amount of money on their total interest payments compared to regular credit card interest rates.

No Processing Fee: In keeping with Standard Chartered’s commitment to transparency and putting the customer first, no processing fee is normally involved with starting the FlexiPay Plan.

Wide Acceptance: FlexiPay is typically offered for various purchases, including electronics, travel bookings, and medical expenses, ensuring that cardholders can profit from it across numerous expenditure categories.

How to Apply for a Standard Chartered Credit Card

Choosing the right Standard Chartered credit card for your needs is a crucial decision, but once you’ve made that decision, the application procedure is simple. We will walk you through the Standard Chartered credit card application procedure.

Eligibility Criteria: What You Need to Know Before Applying

Step-by-Step Guide to the Application Process

Prepare the general documents wanted for a Standard Chartered credit card application, such as the ones listed below, to speed your Standard Chartered credit card application.

After preparing all the required document, you may apply online at Standard Chartered’s website or any Standard Chartered branch.

After Your Application: Approval Process and Receiving Your Card

Interested in learning more about the Standard Chartered Malaysia credit card? Understand that applying is only the first step in gaining access to its huge array of benefits. You can monitor the Standard Chartered credit card application status, which is a thoroughly organised evaluation method.

Verification and Documentation Check

When your application arrives at the bank, the validation process takes centre stage. Representatives from Standard Chartered may contact you to double-check or delve deeper into the information supplied. It is critical to provide accurate and complete information to ensure that this phase runs successfully. Tracking your standard chartered credit card application status online on a regular basis might provide real-time insights throughout this time.

Credit Assessment

The bank’s credit appraisal comes next. This deep dive examines your past financial behaviour as well as your present financial situation. The goal of this exercise is to determine your creditworthiness and ensure that you meet the requirements of the Standard Chartered credit card variation you’ve chosen.

Standard Chartered Credit Card Application Status

Following the assessment, the bank responds quickly with its decision. You’ll be in the know whether it’s a nod of approval, a hiccup that needs to be addressed, or even a gentle nudge towards another Standard Chartered Malaysia credit card that’s more in line with your financial picture. Keeping a watch on the application status can be helpful in this situation.

Card Dispatch

Following approval, your brand-new Standard Chartered credit card will be delivered to the address you’ve supplied. The card is enclosed in a tamper-proof package, together with important documentation that explains terms, conditions, and usage directions.

Standard Chartered Credit Card Activation

Receiving your card is an exciting experience. However, for further protection, it is delivered in an inactive condition. Starting your card adventure requires activation, which may be accomplished with a simple phone call to the bank’s helpdesk, a quick login to the Standard Chartered online banking portal, or even via their mobile app. The standard chartered credit card activation procedure is intended to be simple and user-friendly.

PIN Setup

Following card activation, the creation or receipt of your card’s Personal Identification Number (PIN) occurs. If you’re doing it yourself, make sure your PIN is both strong and memorable, as this will protect it from any misuse.

Enrollment in Online Banking

If you haven’t already, it’s highly suggested that you join Standard Chartered’s digital banking platform. This not only allows for easy monitoring of card activities, but it also allows for quick payments and a deep dive into the myriad of services customised specifically for Standard Chartered Malaysia credit card users.

Conclusion: Making the Right Choice

Choosing the best Standard Chartered Malaysia credit card depends on understanding your financial goals and spending habits. Standard Chartered provides myriad options to guarantee that each individual finds a card matched to their needs. The appropriate Standard Chartered credit card can be a great asset, allowing you to access unique privileges while assuring your security. Making informed decisions is critical as you navigate your financial journey. When choosing Standard Chartered, you invest in a partnership founded on trust and excellence.

If you’re interested on finding other best credit cards, you can visit our Best Credit Card in Malaysia page.

**Disclaimer: This article is only offered for general informational reasons and is not meant to cover all facets of the subjects it addresses. It is not meant to be taken as advice you should rely on. You must seek expert or professional advice before acting or refraining from acting based on the information in this publication. The content in this publication does not represent professional advice from Wise Payments Limited or its affiliates in law, taxes, or other matters. A comparable outcome is not always assured by past performance. We give no assurances that the information in the publication is accurate, full, or up to date, either explicitly or implicitly.

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