Alrajhi Bank Malaysia Launches Visa Credit Cards with Cashback Offers
Alrajhi Bank Malaysia has introduced its first Visa credit cards, the Visa Platinum Credit Card-i and Visa Signature Credit Card-i, celebrating 20 years in Malaysia. Both cards utilize a Shariah-compliant Tawarruq structure and offer cashback incentives for various spending categories.
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Alrajhi Bank Malaysia has launched two Visa credit cards, the Visa Platinum Credit Card-i and Visa Signature Credit Card-i. The Visa Platinum offers 5% cashback on select categories, with a cap of RM30 monthly, while other eligible purchases earn 0.2% cashback.
The Visa Signature provides 10% cashback on overseas transactions, capped at RM80, and 0.6% on local purchases. Both cards feature waived annual fees under specific conditions. A promotional campaign offers additional cashback for new customers, with requirements for RM100 and RM150 cashback for each card, respectively. Eligibility is set for Malaysians aged 21-65 with minimum incomes of RM24,000 and RM60,000.
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