alrajhi bank Malaysia Visa Signature Credit Card-i
Enjoy Shariah-compliant benefits with 10% overseas cashback, 0.6% cashback on local spending, 2x Priority Pass lounge access and 24/7 Visa Concierge.
Eligibility
Minimum Monthly Income
RM 5,000 (RM 60,000 annually)
Min. Age
Cardholder: 21 years old
Resident Status
Malaysians Only
Documents required to apply:
You will need to provide several documents such as (varies between different banks):
Salaried Employees (Malaysian)
- A copy of your IC (both sides) or passport (if any)
- Latest EPF statement (12 months)
Self-Employed (Malaysian)
- Photocopy of MyKad (both sides) or passport
- Your company's bank statements (6 months)
- Business Registration Form
- Personal or business income tax returns (last 2 years) with proof of tax payments
Fees & Charges
Profit Rate
15% - 18%
Annual Fee
RM 0
Free*
Annual Fee Waiver
Yes
Free for the first year and you make a minimum of one transaction per month for 12 consecutive months
Late Payment Compensation
RM 50 or 5% of the outstanding amount, whichever is higher
Profit Rate
15%
Features
Up to 10% Cashback
Earn 10% cashback on overseas spending, capped at RM80 per month, plus unlimited 0.6% cashback on other eligible local purchases.
Complimentary Access To Airport Lounge
Enjoy 2x complimentary Priority Pass airport lounge visits per calendar year, plus 24/7 access to Visa Concierge services.
Premium Services 24/7
A Visa Signature card offering airport lounge access and concierge services, with a minimum annual income requirement of RM60,000.
Shariah-Compliant Credit Card
Structured under Commodity Murabahah via Tawarruq, with Shariah-compliant charges and restrictions on eligible merchants.
Terms and Conditions
Product review by CompareHero
alrajhi bank Malaysia Visa Signature Credit Card-i Review
The alrajhi bank Malaysia Visa Signature Credit Card-i offers 10% cashback on overseas spending, capped at RM80 per month, and unlimited 0.6% cashback on eligible local purchases. It also includes two complimentary Priority Pass airport lounge visits per calendar year and 24/7 Visa Concierge services.
The card uses a Shariah-compliant Tawarruq structure and requires a minimum annual income of RM60,000. However, the overseas cashback cap, foreign currency conversion costs and annual fee conditions are worth checking before you apply.
What You Get With The Visa Signature Credit Card-i
The card combines overseas cashback with everyday local spending rewards and selected travel benefits.
| Feature | Details |
|---|---|
| Overseas cashback | 10%, capped at RM80 per month |
| Local cashback | Unlimited 0.6% on eligible local spending |
| Airport lounge access | Two complimentary Priority Pass visits per calendar year |
| Concierge service | 24/7 Visa Concierge |
| Annual fee | RM500 for the principal card and RM300 for each supplementary card |
| First-year annual fee | Waived |
| Minimum annual income | RM60,000 |
| Card structure | Shariah-compliant Tawarruq |
How The Cashback Works
The card offers 10% cashback on eligible overseas transactions and 0.6% cashback on eligible local purchases. The value you receive depends on where you spend, the monthly overseas cashback cap and which transactions qualify.
Overseas Spending
You earn 10% cashback on eligible purchases charged in foreign currency, up to RM80 per month. The cashback is calculated using the ringgit amount charged to your card.
For example, RM800 in eligible overseas spending earns RM80 cashback, reaching the monthly cap. Any additional eligible overseas spending that month will not earn more cashback under this rate.
Foreign currency transactions also incur a 1.18% mark-up on the Visa foreign exchange rate, plus any applicable Visa transaction fee. Include these costs when working out the value of your overseas cashback.
Local Spending
Eligible local purchases earn unlimited 0.6% cashback. Eligible categories include dining, groceries and utility bills, subject to the card's terms and exclusions.
For example, a RM500 eligible local purchase earns RM3 cashback.
Cashback is calculated using the whole ringgit amount of each transaction. A transaction of RM51.05, for example, earns 0.6% of RM51, which is RM0.306, rounded to RM0.31.
Cashback is credited on the statement date. Transactions posted after the statement date count towards the following month's cashback. Supplementary card spending contributes to the principal cardholder's cashback, and both cards share the RM80 monthly overseas cashback cap.
Transactions That Do Not Earn Cashback
The following transactions are excluded from cashback under the programme terms.
- Petrol purchases
- E-wallet reloads, including Touch 'n Go eWallet, GrabPay, Boost and ShopeePay
- FPX, JomPAY, online banking, mail order and telephone order payments
- Government taxes, fines and charitable payments
- Quasi-cash transactions, including foreign currency, money orders, travellers' cheques, gaming tokens and cryptocurrency
- Instalment plans and balance transfers
- Cash withdrawals
- Fees, charges and taxes
Refunded or reversed transactions may result in the corresponding cashback being reversed. If you close your card before the statement date, you may lose accumulated cashback. The bank may also withhold cashback if your account is overdue and may revise the cashback programme with 21 days' notice.
Check the latest cashback terms before applying, as exclusions and programme conditions can affect the amount you earn.
Airport Lounge Access And Visa Concierge
The card includes two complimentary Priority Pass airport lounge visits per calendar year, along with access to Visa Concierge services around the clock.
Priority Pass Lounge Visits
You can use the two complimentary visits separately or use them with a guest, subject to the programme's terms. Guests must be registered and enter the lounge with the cardholder. Access also depends on lounge availability, operating hours and any applicable stay limits. Additional guest charges may apply.
You can access eligible lounges using your Priority Pass card, digital membership or an eligible credit card, subject to the applicable