HSBC · World Mastercard · Cashback

HSBC Amanah Premier World-i

Earns: 1% Overseas
Lounge: 6 visits a year Plaza Premium
Min income: The gate is a total relationship balance of RM300,000 with HSBC Amanah, not an income.
Annual fee: Free for life 1% overseas fee, lower than most

Good for

Cash back, as a share of what you spend.

Spending	Earns	Details
Spending in a foreign currency	1%
Spending in ringgit	0.5%
Petrol, Government / LHDN / JPJ, JomPAY / FPX / DuitNow to billers and more	Nothing	Petrol, Government / LHDN / JPJ, JomPAY / FPX / DuitNow to billers, Insurance, Utilities and Telco.

How it's paid: Credit to your card account, monthly Paid to the main cardholder's card-i account within 30 days after each calendar month and shown on the next statement, rounded down to the sen. The card must be PIN-activated at that time.
Which month counts: Counted by posting date Main and supplementary spend count together.
When you lose it: A cancelled, invalid or overdue card Cash back is not paid if the account is overdue, invalid or cancelled, or the card is not PIN-activated, when HSBC Amanah credits it.

Airport lounges: 6 free visits a year Plaza Premium. KLIA, Singapore Changi and Hong Kong. One visit a day, up to 3 hours.
Overseas spending fee: 1% 1% HSBC Amanah conversion cost, plus any fee Mastercard adds.

Travel accident: Travel insurance up to USD500,000 Offered by Mastercard. Register on the Mastercard benefits site.
Shopping and fraud cover: Online purchases up to USD200 Mastercard e-Commerce Protection.
Travel inconvenience: Not listed HSBC does not list this cover for this card.

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 The RM25 service tax still applies each year.
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 An Islamic card: these are profit rates. They depend 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 any instalments and unpaid past minimums.
Late payment: 1% of the balance, RM10 to RM100 Late payment compensation, charged when the minimum payment is late.
Cash withdrawal: RM8.70 fee per withdrawal Plus 8% service tax on the fee, and 18% a year profit on the amount, counted daily. An unpaid cash advance also cancels the profit-free days on your other spending.
Replacement card: RM50

Income: The gate is a total relationship balance of RM300,000 with HSBC Amanah, not an income.
Who: HSBC Amanah Premier customers only
Age: 21 or older Extra cardholders from 18.
Documents: MyKad, both sides
Employees: the latest EPF statement, plus 3 months of payslips, a commission statement, 3 months of bank statements, or Form BE with the tax receipt
Self-employed: business registration or trading license, plus 6 months of bank statements, the latest EPF statement, or Form B with the tax receipt or CP02
Supplementary cards: the supplementary cardholder's MyKad
New to HSBC? Apply in person at a branch; Amanah Premier customers can apply online. Foreigners must work for a multinational, listed or government employer, or an HSBC corporate lending employer. They need a passport, a work permit valid at least 1 year, a letter from the employer and 3 months of payslips or bank statements.

Pay by phone: Apple Pay, Google Pay, Samsung Pay The eWelcome pack says to add the card-i in Apple, Google or Samsung Wallet.
Card network: World Mastercard