Dining Card Battle Royale! Which Is The Best Dining Credit Card?

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The biggest dilemma a foodie faces is whether to dine out or eat in. Of course dining out’s the easiest option to get those food Instagram photos! However, it can be quite a price-y venture.

However, it doesn’t have to be an either-or situation. A frugal lifestyle can also include dining out occasionally. Anyone can save cash by using the ideal credit card to maximise their dining privileges, and rewards or cash back they receive from their dining expenses.

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But which is the best dining credit card for foodies in Malaysia?

Standard Chartered CashBack Gold MasterCard

The CashBack Gold MasterCard from Standard Chartered offers good cash rebate for every Ringgit spent, every day. Sure, there are cash back credit cards out there that offer higher cash back percentages, but have you read the fine print?

Here’s what you’ll get from the Standard Chartered CashBack Gold MasterCard:

1. Cash back

dining-table-1(amended) *Spending does not include petrol and insurance.

2. Dining privileges

Total dining merchants: 311. A few highlights include Coffea Coffee, Morganfields, Brotzeit German Bier Bar & Restaurant, and The Beer Factory.

Privileges: Discounts up to 50%, Rebates up to RM15

3. Interest rate: from 15%

4. Annual fee: RM175

5. Minimum income requirement: RM24,000 per annum

Sign-up promotion: Enjoy cash rebates until December 31, 2014 of up to RM100 by spending with your Standard Chartered credit card.

Bonus!

Low balance transfer rate of 2.99% for 36 months

If you dine out on weekdays more than weekends and you prefer cash back, this is the card to add to your wallet.

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HSBC Amanah MPower Platinum Credit Card-i

This card was crowned the best dining credit card by iMoney, and we do not take the word “best” lightly. One of the reasons for this is because it features a range of popular casual dining chains on its list of dining merchants. This card also offers an easy to understand cash back mechanism, where everything you spend on earns you cash back. If you are a weekend spender, this card is just the right one for you with up to 8% cash back.

1. Cash back on dining, petrol and groceries

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2. Dining privileges

Total dining merchants: 138. They include popular restaurant chains like Grand Imperial, Brotzeit German Bier Bar & Restaurant, Tai Thong Group and Esquire Kitchen.

Privileges: Discounts up to 50%, Complimentary meals, special prices

3. Interest rate: from 15%

4. Annual fee: RM90

Waived with 12 swipes a year

5. Minimum income requirement: RM36,000 per annum

Bonus!

Purchase Protection Cover of up to RM10,000 per item or up to RM30,000 per occurrence

Weekend social butterflies will definitely add value to their lifestyle with this card.

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Citibank Clear Credit Card

If you love dining at hotel restaurants and going out for drinks this card is ideal for you. They have a large number of merchants on their list with attractive discounts and perks! You will also gain reward points faster with the 3x Citi Rewards Points on dining and shopping.

1. Reward points

You get 3x reward points for every RM1 spent when you dine in Sakae Sushi and 1x reward point for every RM1 spent when you dine-in anywhere else.

2. Dining privileges

Total dining merchants: 103. They include popular hangouts like Sakae Sushi, Plan B, My Elephant, Zouk Café Bar and CBTL.

Privileges: 1-for1 dining, discounts up to 20%, complimentary meals.

3. Interest rate: from 8.88%

4. Annual fee: RM90

First-year Annual Fee Waiver (Just use your card 3 times within 60 days of card approval)

5. Minimum income requirement: RM24,000 per annum

Sign-up promotion: First-year annual fee waiver with RM50 cash back.

Bonus!

Reimbursement on medical expenses if you get food poisoning while dining out using the card

It doesn’t matter rain or shine, this card gets you covered with reward points and low interest rate!

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The HSBC Amanah MPower Visa Credit Card-i still stands as the winner in the dining category with the highest cash back rate with a wide range of popular merchants offering significant discounts.

The HSBC Amanah MPower and Standard Chartered CashBack Gold MasterCard are among the few cards out there that offer up to 50% discount for dining. However, HSBC Amanah MPower still emerges tops in our books due to the higher popularity and wider availability of the dining merchants they have on-board.

Also, there is no minimum spending amount required to earn the 5% cashback with the HSBC Amanah MPower and you only need to spend a minimum of RM1,000 to get the RM50 cashback. In comparison, you will need to spend at least RM1,500 to get a cashback of the similar amount with the Standard Chartered Cashback Gold.

Expenditure on petrol and groceries also contribute toward your cashback privileges with the HSBC Amanah MPower, while the Standard Chartered Cashback Gold does not cover petrol expenses.

However, the Standard Chartered Cashback Gold does cover a sizable list of hip and happening social hangouts, which include Coffea Coffee and The Beer Factory. This would no doubt attract the younger crowd. Also, if you are looking for a card to transfer your outstanding balance to and also to reward yourself with your dining spending, Standard Chartered CashBack Gold is the right plastic for you.

If you’re a social butterfly, you can’t go wrong with the Citibank Clear Credit Card with the 3x Citi Rewards Points from spending with a wide range of merchants, including Zouk Club KL, and Coffee Bean and Tea Leaf. Another perk this card offers is the low interest rate at 8.88% if you make your payment on time 12 times consecutively.

Find out how much you can save with balance transfer.

The best foodie companion for a food lover is a rewarding credit card. At iMoney, we understand how choosing the right card for your own lifestyle can make a world of difference. These are some of our selected cards but you can always compare more credit cards on our comparison page!

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Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are iMoney’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

Terms and conditions apply to the above privileges and promotions.

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