• Min. Monthly Income

    RM7,000.00

  • Interest Rate

    13.5% p.a.

  • Balance Transfer

    13% p.a.

  • Annual Fee

    RM388.00

Feature Highlights
  • Transactions from certified Halal merchants will give up to 0.3% cashback
  • Up to RM100,000 in Takaful protection coverage
  • Up to RM1,000,000 in Travel Accident Insurance coverage
Petrol
5.33/10
Dining
4.11/10
Entertainment
4.11/10
Groceries
4.11/10
Shopping
4.11/10

Petrol

  • Up to 0.3% cashback awarded on the 13th month ((subject to Service Tax deduction))

Dining

  • Up to 0.3% cashback awarded on the 13th month ((subject to Service Tax deduction))

Entertainment

  • Up to 0.3% cashback awarded on the 13th month ((subject to Service Tax deduction))

Groceries

  • Up to 0.3% cashback awarded on the 13th month ((subject to Service Tax deduction))

Shopping

  • Up to 0.3% cashback awarded on the 13th month ((subject to Service Tax deduction))

Other Features

  • Protection Plan

    • Up to RM100,000 in Takaful protection coverage and up to RM1,000 in funeral expenses benefit for the principal cardholder
    • Up to RM1,000,000 in Travel Accident Insurance coverage and Travel Inconvenience Benefits

  • Balance Transfer

    • Min. transfer amount: RM500
      - 12 months: 13% per annum; 0% one-time upfront fee

  • Instalment Plan

    • 0% Instalment Payment Plan at all participating merchants

Card Information

Annual Fee RM388.00 (Free with minimum 12 card swipes per calendar year)
Min. Monthly Income RM7,000.00
Min. age for principal holder

21 and above

Min. age for supplementary holder

18 and above

Fee for supplementary holder RM150
Finance charges 13.5% p.a. – prompt minimum payment for 12 consecutive months

16% p.a. – prompt payment for at least 10 out of 12 months

17.5% p.a – if any of the above is not met

Goods & Services Tax (GST)

6% on annual fees and other charges

Late payment charge

Higher of RM5 or 1% of outstanding balance, up to a maximum of RM50

Cash advance amount

Up to 50% of credit limit

Cash advance charge

Higher of RM12 or 2.5% of cash advance amount

Cash advance interest charge

N/A

Cashback Limit

Unlimited

Rewards points expiry

N/A

Product Review by iMoney Malaysia

Travel Worry-Free

With Bank Islam Platinum Card-i, the cardholder can enjoy cashbacks for their transactions from certified Halal merchants with up to 3% in rebates. These cashbacks / rebates do not come with a maximum cashback amount, allowing you to continue enjoying cashbacks without worrying about any possible limitation (which usually comes with most credit cars from other banks). There are also a Group Family Takaful protection coverage of up to RM100,000 together with funeral expenses benefit of up to RM1,000 for the principal cardholder which can help support your family financially should anything happen to you. On top of that, there is also a coverage of up to RM1,000,000 in Travel Accident Insurance and Travel Inconvenience Benefits; putting your mind at ease when you travel around the world. To switch over to this card from your existing card, you will need to have a minimum balance of RM500. You will also be able to enjoy a low finance charge of 6% per annum for 12 months (there is no upfront fee that you will need to pay).

Fees and Charges

Annual fee for Bank Islam Platinum Card-i is RM411.28 (principal cardholder) and RM159 (supplementary cardholder). However, with a minimum of 12 usage on your credit card in a year, the annual fee for principal cardholder will be waived. Finance charges come in 3 tiers with the charges at 13.5%, 16% and 17.55 per annum. To enjoy a finance charge of 13.5% per annum, you will need to prompty make the minimum repayment every month for 12 straight months. Missing 1 or 2 months of the minimum monthly repayment, will have your outstanding balance be charged 16% per annum. Anything more than that and your oustanding balance will be charge with finance charge of 17.5% per annum. On top of that, there is the late payment penalty whereby you will be charged a minimum of RM5 or 1% of your outstanding balance (whichever one is higher); up to a maximum of RM50.

Are You Eligible For The Bank Islam Platinum Card-i?

You will need to be at least 21 years old and have a monthly income of at least RM7,000 to apply for Bank Islam Platinum Card-i. If you are looking to apply for the supplementary card, you will need to be at least 18 years old.

Looking for more options to choose from? Our credit card experts, also recommend you to check out other similar credit cards such as Bank Islam Gold Credit Card-i and HSBC Amanah MPower Platinum Credit Card-i, which may match your requirements.

If you prefer to broaden your credit card search, review more Bank Islam credit cards and start comparing today!