BSN-Teachers Gold Credit Card
A card for teachers and MOE employees with an 8.88% p.a. rate and no annual fee for life.
Eligibility
Minimum Monthly Income
RM 2,000 (RM 24,000 annually)
Min. Age
Cardholder: 21 years old
Supplementary Cardholder: 18 years old
Resident Status
Teachers, lecturers, and employees working with Ministry of Education or approved institutions of higher education, including teachers of MRSM
Documents required to apply
You will need to provide several documents such as (varies between different banks):
- A copy of your IC (both sides)
- Latest 1-3 months salary slip or
- Letter of Employment or
- Latest EPF statement or
- Latest EA and BE Form
Fees & Charges
Interest Rate
8.88% - 14%
Annual Fee
RM 0
Free*
Annual Fee Waiver
Yes
Waived for life
Late Payment Fee
RM 50 or 5% of the outstanding amount, whichever is higher
Interest Rate
8.88%
Features
Local spending earns 1x Happy Point for every RM1 charged to the card, while overseas spending earns 2x. Happy Points can then be redeemed for gifts, prizes, vouchers, Enrich Miles or AirAsia Points.
Complimentary travel insurance of up to RM100,000 covers flight delays and lost luggage when flight tickets are charged to the card.
The BSN Instalment-Pay Plan lets cardholders convert purchases at selected BSN merchants into 0% interest instalments, with a one-time upfront fee of 3% to 5% of the item's value.
Transfer outstanding balances from other credit cards to BSN and pay 0% interest, with a choice of 6-month or 12-month repayment tenure.
A finance charge of 8.88% p.a. applies on outstanding balances.
Terms and Conditions
Product review by CompareHero
BSN-Teachers Gold Credit Card
For those who work hard to provide their service to Malaysian education, the BSN-Teachers Gold Credit Card is a credit card made specially just for you!
Enjoy special privileges just for you while earning rewards at the same time.
Gain rewards with the BSN-Teachers Gold Credit Card
Every month, we'll be faced with expenses to pay for. That's where credit cards like the BSN-Teachers Gold Credit Card come in handy! By offering rewards for every purchase made with the credit card, you'll get to save more by redeeming useful products such as gadgets and home appliances!
1x BSN Happy Reward Point will be earned per RM1 based on purchases made locally. Even better if you pay for your expenses overseas, as you'll receive 2x BSN Happy Rewards Points instead!
The best part of receiving these BSN Happy Reward Points is that there won't be any expiry date, so you can redeem anytime.
BSN-Teachers Gold Credit Card - exclusive privileges
Travelling abroad can sometimes be such a hassle, especially when you're not able to pay when travel accidents or other inconveniences occur. With the BSN-Teachers Gold Credit Card, you can receive up to RM100,000 insurance coverage. However, you have to purchase the total flight tickets with your BSN-Teachers Gold Credit Card.
The travel insurance coverage includes up to RM600 for missed connection flights, RM600 for flight delays (if it's more than 6 hours), delayed luggages (more than 6 hours) or lost luggages (more than 48 hours) for up to RM1,600 each.
Aside from that, the BSN-Teachers Gold Credit Card also offers a membership registration fee waiver to become a member of YGMB (Yayasan Guru Malaysia Berhad). On top of that, 0.2% of your total spendings will be donated to them as well.
Even while you're travelling from country to country, the BSN-Teachers Gold Credit Card will be useful for times when you need to withdraw cash or simply to pay for your expenses. This is because the BSN-Teachers Gold Credit Card works at more than 1 million ATMs worldwide.
Ample savings with BSN-Teachers Gold Credit Card
Compared to most credit cards, the BSN-Teachers Gold Credit Card offers an interest rate as low as 8.88% per year. However, this low interest rate only applies if you make your repayments for 12 months continuously before the due date.
Not only that, you won't have to pay for any annual fees. There are no specific requirements to be exempted from paying the annual fees as well. Hence, you don't have to worry about having to meet any conditions to get your annual fees waived, whether you are a principal or supplementary cardholder.
How do I apply for the BSN-Teachers Gold Credit Card?
You can apply for this credit card with our online application form. At CompareHero, we offer a quick and easy way to apply. The application form can be completed with two simple steps. Once you've submitted your application, we will help to process your application moving forward.
Our customer service can be reached at +6012-385 0211 should you have any questions or require any assistance.
What are the BSN-Teachers Gold Credit Card requirements?
You have to be an employee or teacher under the Ministry of Education, lecturers in public/ private institutions of Higher Education or MARA Junior Science College (MRMS). Aside from that, you also have to be earning a minimum monthly income amount of RM2,000.
Is there an annual fee for the BSN-Teachers Gold Credit Card?
No, there will not be any annual fees charged to principal or supplementary cardholders. All cardholders wouldn't have to meet any conditions or requirements to be exempted for the annual fees.
What are the fees or charges applied, if any?
If you withdraw cash with the BSN-Teachers Gold Credit Card, you have to pay a fee of 5% of the total amount withdrawn or RM10. There will also be a late payment fee of RM10 or 1% of the overdue amount, going up to a maximum amount of RM75. All cardholders will be charged a sales and service tax fee of RM25 once you've successfully activated your card as well as on the card anniversary date.
What are the top benefits of the BSN-Teachers Gold Credit Card?
- Gain 1x BSN Happy Reward Point for local purchases
- Gain 2x BSN Happy Reward Points for international purchases
- Low interest rate of only 8.88% per year
- No annual fees
Who is the BSN-Teachers Gold Credit Card suitable for?
The BSN-Teachers Gold Credit Card is suitable for teachers or employees who contribute to society through the Malaysian education sectors, who are looking for a credit card which helps them save money as well as earn rewards.