|Annual fee||RM180 (Monthly fee of RM15). Free for the first year|
|Min. monthly income||RM8,334|
|Min. age for principal holder||21 and above|
|Min. age for supplementary holder||18 and above|
|Fee for supplementary holder||Free|
|Government Service Tax (GST)||RM50 (principal holder); RM25 (supplementary holder)|
|Government Service Tax (GST) waiver conditions||N/A||Late payment charge||Higher of RM10 or 1% of outstanding amount, up to maximum of RM100|
|Cash advance amount||Up to 90% of credit limit|
|Cash advance charge||Higher of RM25 or 5% of cash advance amount|
|Cash advance interest charge||18% per annum on cash advance amount|
|Rewards points expiry||3 years|
This card is specially designed for frequent travellers. Apart from rewarding 1 WorldMiles Point for every 2 ringgit spent on all local retail purchases, Standard Chartered WorldMiles Card also offers WorldMiles Point for every RM3 on overseas bargains. The accumulated WorldMiles Points can be used redeem Malaysia Airlines Enrich Miles, AirAsia BIG Points and Singapore Airlines KrisFlyer Miles which allows you to travel with 51 airlines. Upon activation, you will be given a RM50 cashback.
The annual fee for principal card is RM180 (RM15/month) and it is free for the first year whereas supplementary card is free of charge. There is Government Service Tax (GST) on all credit cards set by Bank Negara, at RM50 per principal card and RM25 for supplementary card. Other than that, by settling your payments promptly on time (this means settling the minimum payment, 5% of the outstanding balance or RM50 whichever is higher) you get to enjoy a low finance charge of 15% per annum.
To apply for Standard Chartered WorldMiles Card, you need a minimum income of RM8,334 and to be at least 21 years old.
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