alrajhi bank · Visa Signature · Cashback

alrajhi Visa Signature-i

Good for

Spend abroad. 10% cash back on any charge in a foreign currency, up to RM80 a month.
Unlimited 0.6% cash back on local spend.
Priority Pass airport lounge access and 24/7 Visa Concierge.
Islamic card (Tawarruq).

The 10% stops at RM80 a month (RM800 of foreign spend). Past that, foreign spend earns nothing.
RM500 annual fee from the second year, unless you use the card in every calendar month of the past 12.
Petrol, e-wallet reloads, JomPAY, FPX and government payments earn nothing.
Needs an income of RM60,000 a year.

Cash back, as a share of what you spend.

Spending	Earns	Details
Spending in a foreign currency	10%	Up to RM80 back a month.
Spending in ringgit	0.6%
Petrol, Government / LHDN / JPJ, JomPAY / FPX / DuitNow to billers and more	Nothing	Petrol, Government / LHDN / JPJ, JomPAY / FPX / DuitNow to billers, Touch 'n Go reload, Grab top-up / GrabPay, Boost top-up, ShopeePay top-up and MAE / other e-wallet.

How it's paid: Onto your card statement Credited on the statement date to the principal card account. Supplementary card spend counts too.
Which month counts: Your statement cycle A charge that posts after the statement date counts in the next statement.
When you lose it: Refunds, or an overdue or closed card Cash back on returned or reversed purchases is taken back. The bank can withhold it while the account is overdue, delinquent, closed or under investigation. Closing the card before the statement date loses it.

Overseas spending fee: 1.18% 1.18% alrajhi bank mark-up, on top of Visa's rate and any Visa fee

What it costs if you don't pay in full, or use it for cash.

Annual fee: RM500 Free the first year.
Extra (supplementary) cards: RM300 a year Waived on the same terms as the main card.
Service tax: RM25 a year per card A government charge on every credit card in Malaysia, billed by the bank.
Interest: 15%, 17% or 18% a year Profit rate on purchases, set by how reliably you paid over the last 12 months. None if you pay the full balance by the due date (20 days after your statement).
Minimum monthly payment: 5% of the balance, or RM50 Whichever is higher, plus service tax, any amount over your limit and any instalments.
Late payment: 1% of the balance, RM10 to RM100 Charged when the minimum payment is late.
Cash withdrawal: RM1 in Malaysia, RM17 abroad Per withdrawal, plus 8% service tax, and 18% a year profit from the day you take it out. No grace period.
Replacement card: RM22

Income: RM60,000 a year or more
Age: 21 to 65
Documents: Employees: IC copy and your latest 12 months' EPF statements
Self-employed: IC copy, your company's latest 6 months' bank statements, business registration form, and personal or business tax returns for the last 2 years with proof of payment

Concierge: Visa Concierge Travel, dining and lifestyle help, all day, all year.
Card network: Visa Signature