HSBC
HSBC Amanah MPower Visa Platinum Credit Card-i

HSBC Amanah MPower Visa Platinum Credit Card-i

RM 3,000

Minimum monthly income

RM 240

Annual fee

15%

Interest rate p.a

6.96%

Balance transfer rate (fixed)

Special Offers

Get Sharp Air Purifier OR RM300 Grab Food eVoucher when you successfully apply, activate & spend with your new HSBC credit card.

CCSP2101HS2_1080x1080_1.jpg

*Terms & conditions apply, learn more here: bit.ly/CompareHeroCCPromo

Product details

Benefits

Auto Balance Conversion

Automatically converts outstanding statement balances into a 36 months instalment plan

Lower management fee at 13% p.a.

No processing fee

No early termination

Cash Advance

Flexibility for emergencies use or when credit card-i payment is not acceptable

No documents required

24 hours Instant cash withdrawal from any ATMs worldwide

Balance Transfer

Consolidate credit card outstanding balances

Enjoy 3% upfront management fee with 0% fee for the next 5 months

Flexibility of making a minimum monthly payment on total outstanding balance


Cash Instalment Plan

Convert available credit limit into cash

Low management fees at 8.88% flat p.a.

Monthly payment up to 60 months

Hassle free with easy application process

Example of immediate needs: education, healthcare, vacation, wedding, renovation & furnishing

SecurePay

Secure transaction when making online purchases

Securepay One Time Password will be sent via sms for each online purchase.

Pin and Pay

For improved financial security and prevent credit card fraud

6-digit Personal Identification Number (PIN) will be use for all credit card payments at point of sale terminals in Malaysia.

New credit cards have the contactless Paywave feature, allows fast, easy and convenient way to pay

Safe purchase with just a tap for everyday purchases

Email statements

Timely delivery of statement in a secure and private manner

No lost or misplaced statements

No more physical filing

HSBC Go Green Initiative - advocating paperless environment, reducing global carbon footprint

Balance Conversion

Automatically converts outstanding statement balances into a 36 months instalment plan

Lower management fee at 13% p.a.

Instant Approval

No processing fee

No early termination

* The Bank will make a Charity Donation to Selected Charity Organization(s) which is equivalent to 1% of the Eligible Charity Spend made by Eligible Cardholders, up to a maximum of RM500,000 per year. List of Selected Charity Organization(s) found at www.hsbcamanah.com.my/charities

Features
Good for Cashback & Islamic
8% Cashback for Petrol & Groceries spend
8% Cashback for eWallet spend (GrabPay, SamsungPay, FavePay and Touch and Go)
0.2% Cashback for Other spend
Exclusive deals and special VIP treatments while enjoying great savings at more than 6,500 shopping outlets nationwide
1% contribution* on Charity Spend
Made from 85% recycled plastic (starting January 2021)
Eligibility
Minimum monthly incomeRM 3,000
Minimum age:
Cardholder21
Supplementary Cardholder18
Fees & Charges
Annual fee RM 240
Annual fee waiver Yes
Late payment fee RM 10/1%
A minimum of RM10 or 1% of the outstanding balance, whichever is higher up to a maximum of RM100.
Interest rate 15%
Cardmembers who promptly settle their min payment due for 12 consecutive months.
Balance transfer rate (fixed) 6.96%
12 months Balance Transfer period
Document required to apply

You will need to provide several documents such as (varies between different banks):

Salaried Employees (Malaysian):

Multinational / Public listed Companies/Government/Semi Government office

  • Photocopy of MyKad (both sides)
  • Recent utility bill if the address on MyKad is different from your residential address
  • Latest month salary slip or letter of confirmation from employer if employed less than 3 months OR
  • Latest income tax return (Form BE with tax receipt) or Form EA or EPF statement

Other Companies

  • Photocopy of MyKad (both sides)
  • Recent utility bill if the address on MyKad is different from your residential address
  • Latest month salary slip OR bank statement showing latest 3 months salary credit AND
  • Latest income tax return (Form BE with tax receipt) or Form EA or EPF statement

Self Employed (Malaysian):

  • Photocopy of MyKad (both sides)
  • Recent utility bill if the address on MyKad is different from your residential address
  • Photocopy of Business Registration Form (established minimum 2 years)
  • Latest income tax return (Form B with payment receipts or CPO2 attached or EPF statement ) OR
  • Latest 6 months bank statements

Expatriate:

  • Copy of passport showing personal details and work permit (must be valid for at least one year)
  • Latest month salary slip
  • Letter of confirmation from employer stating position, remuneration and duration of employment
  • Minimum RM10K per month AND working for Multinational/Public listed companies/government/semi-government/HSBC corporate lending employers only

Product review by CompareHero.my

Be rewarded while making your everyday purchases and transactions with the HSBC Amanah MPower Platinum that lets you spend and save!


Monthly HSBC Amanah cash back

Swipe your card away when you make purchases for groceries, petrol, eWallet and others to earn some cashback. If you no longer prefer to use cash for all your purchases, getting the HSBC Amanah MPower Platinum Credit Card will ease your stress and worries away with just a tap of a card.

Monthly Spend RM2,000 above

Category

Total Cash Back

Petrol

8%

Groceries

Participating Merchants: Mydin, AEON Big, Tesco, Giant

8%

eWallet Transactions

Participating Merchants: GrabPay, SamsungPay, FavePay, Touch & Go

8%

Others

0.2%

Monthly Spend Below RM2,000

Category

Total Cash Back

Petrol

1%

Groceries

Participating Merchants: Mydin, AEON Big, Tesco, Giant

1%

eWallet Transactions

Participating Merchants: GrabPay, SamsungPay, FavePay, Touch & Go

1%

Others

0.2%


Endless discounts and offers

As part of the HSBC Smart Privileges Program, HSBC Amanah MPower Platinum cardholders get to enjoy the special offers and discounts at more than 6,500 retail merchants nationwide under the likes of travel, shopping and dining options. On top of that, cardholders are also entitled to the HSBC Home&Away program whereby access is given to various offers up to 50% discount at more than 19,000 retail merchants worldwide.


Can't find what you're looking for? Read our article to find out the Best HSBC Credit Cards in Malaysia.

FAQs

There are two types of cards for the HSBC Amanah Credit Card: primary card for those who are at least 21 years old and above, and a supplementary card for those at least 18 years old. 

The minimum income requirement is RM36,000 annually or RM3,000.00 monthly. 

Note: If you are a salaried expatriate, you need to be earning a minimum of RM10,000 monthly and working for a public listed/government company. For self-employers, you have to own a business that has been established for a minimum of 2 years.

Yes. The HSBC Amanah MPower Visa Platinum Credit Card-i annual fee is RM240. As for supplementary cardholders, the annual fee is RM120.

Note: For primary cardholders, if you perform a minimum of 12 transactions within the first year, the annual fee will be waived.

At CompareHero, we make it convenient for you to apply with a straight-forward two step process. You can apply directly on our website or you can call our friendly customer service at +6012-385 0211 should you have any further inquiries regarding the application.

There are several other fees and charges for the HSBC Amanah Platinum Card. First off, there is a sales and service tax for RM25 charged for both primary and supplementary cardholders. If you make your repayments late, you will be charged with 1% or RM10 from the outstanding overall amount. If you perform cash withdrawals, there is a fee of 2% from the outstanding total amount. The interest rate for cash withdrawals is 18%.

  • HSBC Amanah Cash Back for up to 8% on groceries, petrol, eWallet, and others 
  • Exclusive privileges at over 6,500 retail merchants nationwide and 19,000 worldwide 

If you regularly spend your salary on everyday purchases such as groceries and petrol, then the HSBC Amanah Platinum Credit Card is suitable for you. Frequent shoppers and those who dine out often would enjoy this card as well as it helps you to spend and save at the same time while getting your favourite items and food.

HSBC Amanah MPower Visa Platinum Credit Card-i
HSBC Amanah MPower Visa Platinum Credit Card-i
Apply now