HSBC Amanah MPower Platinum Credit Card-i gives up to 8% cashback on eWallet Spend i.e any reload/top-up or payment authorisation transactions made using the Credit Card-i on any of the following eWallets: SamsungPay, GrabPay, Touch & Go and FavePay. You are also eligible for 8% Cashback on your daily groceries spend in Giant, Tesco, AEON Big or Mydin if total spending exceeds RM2,001 per month. You will also get the same amount of cashback on your petrol spending in Shell, Caltex, or Petronas. If your monthly spending is not more than RM2,000 a month, the 8% cashback on your selected daily spending will be 2% instead. On top of that, you will be able to enjoy 0.2% cashback on all your local entertainment and shopping spending. .
Fees and Charges
The annual fee for this credit card is RM240 but it will be waived if you make at least 12 transactions a year with this card. This annual fee waiver condition only applies to the principal cardholder. For the supplementary cardholder, there will be a fee of RM120. For the finance charge, to enjoy a low interest rate charged on your outstanding balance, you will need to make prompt minimum payments (5% of the outstanding balance or RM50, whichever is higher); the low finance charge stands at 15% per annum. Please note cashback from 1st April 2020, this Cash Back will change to 1%
Are You Eligible For The HSBC Amanah MPower Platinum Credit Card-i?
A minimum income of RM3,000 and for the cardholder to be at least 21 years old are required to apply for HSBC Amanah MPower Platinum Credit Card-i. For the supplementary cardholder, the individual needs to be at least 18 years old to get this card.
Up to 8% Bonus Cash Back on eWallet Spend* (eWallet Spend meaning any reload/top-up or payment authorisation transactions made using the Credit Card-i on any of the following eWallets: SamsungPay, GrabPay, Touch & Go and FavePay. )
0.2% cashback on all local spending
Entertainment
0.2% cashback on all local spending
Shopping
Up to 8% Bonus Cash Back on eWallet Spend* (eWallet Spend meaning any reload/top-up or payment authorisation transactions made using the Credit Card-i on any of the following eWallets: SamsungPay, GrabPay, Touch & Go and FavePay. )
0.2% cashback on all local spending
Petrol
8% cashback everyday at Shell, Petronas Caltex, Petron and BHP if total monthly spending is RM2,000 and above
2% cashback everyday at Shell, Petronas Caltex, Petron and BHP if total monthly spending is below RM2,000
Groceries
8% cashback everyday on spending at Giant, Tesco, AEON Big and Mydin if total monthly spending is RM2,000 and above
2% cashback everyday on spending at Giant, Tesco, AEON Big and Mydin if total monthly spending is below RM2,000
15% p.a. – prompt minimum payment for 12 consecutive months
17% p.a. – prompt payment for at least 10 out of 12 months
18% p.a – if any of the above is not met