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Hong Leong · Visa · No rewards

HLB I'm

Earns
No rewards
Lounge
Not stated
Min income
RM24,000 a year
Annual fee
Free for life 1% overseas fee, lower than most
See it on Hong Leong's site

Good for

  • No annual fee, ever, with no conditions.
  • Spend in a foreign currency costs 1%, not 2%: Hong Leong waives its own 1%.

Watch out

  • No points and no cash back.
  • No insurance cover.

What it earns

This card earns no rewards.

SpendingEarnsDetails
Touch 'n Go reload, Grab top-up / GrabPay, Boost top-up and moreNothing Touch 'n Go reload, Grab top-up / GrabPay, Boost top-up, ShopeePay top-up and MAE / other e-wallet.

Travel

Overseas spending fee
1% Visa's 1% only
Paying in ringgit abroad
1% When a shop abroad charges you in ringgit.

Insurance

Insurance
None listed Hong Leong lists no cover for this card.

Fees and charges

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

Annual fee
Free for life No spending needed to keep it free.
Extra (supplementary) cards
Free for life
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 Depends on 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 all instalments, the tax, any amount over your limit and any unpaid past minimum.
Late payment
1% of the balance, RM10 to RM100 Charged when the minimum payment is late.
Cash withdrawal
5% fee, at least RM20 Plus 8% service tax on the fee, and 18% a year interest from the day you take it out.

Who can apply

Income
RM24,000 a year or more
Age
21 to 65 Extra cardholders from 18.
Documents
  • MyKad copy (both sides). Non-Malaysians: a passport valid for at least 6 more months
  • Employees: latest EPF statement with at least 6 months of contributions, or latest 3 months' computer-printed payslips
  • Employees outside a multinational company also need one of: latest BE form with tax receipt, latest EA form, or 3 months of bank statements showing your salary
  • Self-employed: latest business registration form, plus your latest B form with tax receipt or 6 months of company bank statements
  • Expatriates: latest 3 months' payslips, plus a work permit valid for at least 6 months or an employment letter dated in the last 3 months
You send these once the bank approves your application in principle.

Other perks

Pay by phone
Apple Pay, Google Pay, Samsung Pay Add it in the HLB Connect app.
Card network
Visa

Where this comes from