Best Cashback Credit Cards in Malaysia — August 2026
By money.com.my EditorialLast updated: 13 April 2026Top 32 from 189 products reviewed
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Cashback credit cards return a percentage of your spending as cash credited to your statement. The best ones offer high earn rates on everyday categories — groceries, petrol, dining, and online shopping — without demanding an unrealistic minimum spend. This list includes only genuine cashback cards from BNM-licensed banks — not points or miles cards — ranked by headline cashback rate. Always check the monthly cap and minimum-spend conditions before applying, as the highest advertised rate is not always the highest real return.
How cashback credit cards work and how to choose →New to cashback cards? Our guide explains caps, minimum spend, and category rules so you can pick the right one for your spending.Quick comparison
| # | Product | Key Rate | Annual Fee | Min Income | Best For | |
|---|---|---|---|---|---|---|
| 1 |  Hong Leong Bank Hong Leong Wise Credit Card | 15% cashback | RM 98 | RM 2,000/mo | Highest cashback rate for targeted category spenders | Details |
| 2 |  Standard Chartered Malaysia Standard Chartered Simply Cash Credit Card | 15% cashback | Free | RM 8,000/mo | High earners (RM8,000+/month) wanting Standard Chartered's best cashback card at up to 15% on online and contactless spending | Details |
| 3 |  RHB Bank RHB Shell Visa Credit Card | 12% cashback | Free | RM 2,000/mo | Maximising petrol savings at Shell stations | Details |
| 4 | RHB Bank RHB Shell Visa Credit Card-i | 12% cashback | Free | RM 2,000/mo | Muslim drivers who want halal petrol cashback at Shell stations under a Shariah-compliant card structure | Details |
| 5 | 12% cashback | Free | RM 10,000/mo | High-income Muslim drivers who fill up regularly at Petronas and want the highest Shariah-compliant petrol cashback available from CIMB | Details | |
| 6 |  UOB Malaysia UOB ONE Card | 10% cashback | Free | RM 3,000/mo | High cashback across multiple everyday spend categories | Details |
| 7 | 10% cashback | Free | RM 2,000/mo | Broad cashback coverage with no annual fee | Details | |
| 8 | UOB Malaysia UOB EVOL Card | 10% cashback | Free | RM 3,000/mo | Digital-first earners (RM3,000+/month) who spend heavily on streaming, food delivery, and ride-hailing apps and want up to 10% cashback | Details |
| 9 |  Affin Bank AFFIN BHPetrol MasterCard | 10% cashback | Free | RM 2,000/mo | Drivers who fill up at BHPetrol and want up to 10% cashback on petrol spending with AFFIN | Details |
| 10 | 8% cashback | Free | RM 2,000/mo | Everyday Muslim commuters who refuel at Petronas and want strong Islamic petrol cashback without a high income requirement | Details | |
| 11 | 8% cashback | Free | RM 2,000/mo | Muslim cardholders who want an ESG-linked Islamic card with one of the highest cashback rates available from Maybank | Details | |
| 12 | 8% cashback | Free | RM 2,500/mo | Muslim commuters who refuel regularly at Petronas stations and want halal petrol cashback | Details | |
| 13 | 8% cashback | Free | RM 8,333/mo | Muslim high earners (RM8,333+/month) who want Bank Islam's top Visa Infinite with up to 8% cashback on eligible categories | Details | |
| 14 | 8% cashback | Free | RM 3,000/mo | Conscious spenders at the RM3,000+ income tier who want high cashback tied to an ESG-linked spending framework | Details | |
| 15 |  HSBC Malaysia HSBC Amanah MPower Platinum Credit Card-i | 8% cashback | Free | RM 8,500/mo | High-income earners wanting a premium Shariah-compliant cashback card | Details |
Rates are verified against each provider's official source — open any product for its verification date. Always confirm directly with the bank before applying.
Our top 10 picks
How we ranked these: cashback rate on eligible categories, monthly cashback cap, annual fee — from 189 products reviewed.
See all 32 cards in the full comparison table above, or browse the complete catalogue →Frequently asked questions
What is a good cashback rate for a Malaysian credit card?+
Most Malaysian cashback cards offer 0.2%–1% on general spend, rising to 5%–10% on specific categories such as petrol or groceries. Cards with flat-rate cashback are simpler to maximise; tiered cards pay more but require tracking eligible categories.
Do cashback credit cards in Malaysia have a monthly cap?+
Yes. Almost all Malaysian cashback cards cap monthly cashback — typically RM30–RM80 per month. Always check the cap before choosing, especially if you are a high spender.
What is the minimum income to get a credit card in Malaysia?+
Bank Negara Malaysia sets the minimum annual income for credit card eligibility at RM24,000 (RM2,000 per month). Some premium cards require RM60,000–RM120,000 per year.
Is cashback credited automatically?+
Usually yes — cashback is credited to your statement the following month. Check the card's terms for the crediting cycle and any minimum spend trigger required.
Is there an Islamic cashback credit card in Malaysia?+
Yes. Several Malaysian banks offer Shariah-compliant cashback cards under the Ujrah or Wakalah contract. These function identically to conventional cards for payments but are structured to comply with Islamic finance principles.
Rates and product details verified as of 13 April 2026. Product availability and rates are subject to change — always check with the provider before applying. All data sourced from official bank websites and Bank Negara Malaysia.