Credit Card Malaysia Requirement
According to the 2011 bnm guidelines the minimum income for a first time applicant is rm24 000 annually.
Credit card malaysia requirement. What not to do when applying for a credit card as an expat in malaysia. Banks will require proof of income to qualify you as a credit cardholder. Maybank 2 cards featured. Top 10 credit cards in malaysia on imoney.
Now get all the information on benefits features requirements for the list of credit cards at citibank malaysia. Malaysian banks do not have a standard approval or rejection requirements for credit card applications by expats. Signing up for new credit card at citibank malaysia is fast convenient. 5 cashback on all weekend transactions and up to 5x treatpoints from local and overseas spending.
What is the main requirement for credit card application. Minimum annual income rm36 000. In most cases a minimum annual income of rm24 000 is required but this could vary from bank to bank. Shockingly there are some who do and it may well because you did not meet the minimum credit card requirements stipulated by the issuing banks and financial regulatory bodies in malaysia.
Generally the lower the risk the more likely the approval. It s 5x more rewarding now with the maybank grab mastercard platinum credit card. The major requirement is your minimum income. Rm24 000 being one of the most prestigious financial institutions worldwide it should not be surprising that the bank offers one of the best credit cards available today.
3 year annual fee waiver promotion. In order to be eligible for a credit card in malaysia you need to be at least 21 years old and financially stable. Banks commonly look at the risk levels of providing you with a credit card. Judging from the number of credit card application kiosks at malls across malaysia you would think no credit card application would be denied.
Earn 5x maybank grab rewards points when you spend on grab transactions. With credit cards payments are easy secure. Each credit card issuer has its own minimum annual income requirement.