Public Bank World MasterCard Credit Card
Collect air miles faster with the Public Bank World Mastercard Credit Card
Eligibility
Minimum Monthly Income
RM 8,333 (RM 100,000 annually)
Min. Age
Cardholder: 21 years old
Supplementary Cardholder: 18 years old
Resident Status
Anybody
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)
- Latest month's salary slip
- Latest EA statement
- Latest EPF statement
- Letter of Employment or employer confirmation
Self-Employed (Malaysian)
- A copy of your IC (both sides)
- Latest 1 year Tax Returns/Receipts
- Latest 6 months company CASA statement (for company directors)
Fees & Charges
Interest Rate
15% - 18%
Annual Fee
RM 0
Free*
Annual Fee Waiver
Yes
Free for life without condition
Late Payment Fee
RM 50 or 5% of the outstanding amount, whichever is higher
Interest Rate
15%
Features
3X Air Miles Points per RM1 spent on overseas retail transactions 1X Air Miles Point per RM1 spent on local retail transactions Redeem 8,500 Air Miles Points = 1,000 Enrich Miles/ 2,000 AirAsia Points (valid for 3 years only!)
Good for No Annual Payments & Travel
5X complimentary annual access to participating Plaza Premium Lounges worldwide with minimum accumulative retail transaction of RM1,000 within 30 days before or after each lounge access Complimentary travel insurance coverage of up to RM500,000
Enjoy an E-commerce Purchase Protection Plan worth up to USD 200 for your online purchases (per claim, per year) 50% discount on Will and Wasiat Writing Service fees
Terms and Conditions
Product review by CompareHero
What Is the Public Bank World Mastercard Credit Card?
The Public Bank World Mastercard Credit Card is a premium travel rewards credit card designed for frequent travellers who want to earn Air Miles Points on local and overseas spending while enjoying airport lounge access and travel protection. With a minimum annual income requirement of RM120,000, the card offers up to 5 Air Miles Points for every RM1 spent, complimentary Plaza Premium Lounge access, automatic travel insurance, and a Free for Life annual fee for both principal and supplementary cardholders.
Benefits of the Public Bank World Mastercard Credit Card
- Free for Life annual fee for both principal and supplementary cardholders.
- Earn 5 Air Miles Points for every RM1 spent on eligible overseas retail purchases.
- Earn 1 Air Miles Point for every RM1 spent on eligible local retail purchases.
- Enjoy 5 complimentary visits to participating Plaza Premium Lounges worldwide each year when you meet the spending requirement.
- Receive complimentary automatic travel insurance with coverage of up to RM500,000.
- Protect eligible online purchases with e-Commerce Purchase Protection.
- Manage your card through PBe online banking.
- Enjoy 35% off Will and Wasiat Writing Service fees through PB Trustee Services Berhad.
Air Miles Rewards
The Public Bank World Mastercard Credit Card rewards eligible local and overseas retail spending with Air Miles Points that can be redeemed under Public Bank's Air Miles programme.
| Eligible Retail Spending | Air Miles Points |
|---|---|
| Overseas retail purchases | 5 Air Miles Points for every RM1 spent |
| Local retail purchases | 1 Air Miles Point for every RM1 spent |
Selected transactions are excluded from earning Air Miles Points under Public Bank's prevailing terms and conditions.
Travel and Lifestyle Benefits
The Public Bank World Mastercard Credit Card includes a range of travel and lifestyle privileges.
- Plaza Premium Lounge access: Enjoy 5 complimentary visits to participating Plaza Premium Lounges worldwide when you accumulate at least RM1,000 in retail transactions within30 calendar days before and/or after each lounge visit.
- Complimentary automatic travel insurance: Receive travel insurance coverage of up to RM500,000, subject to the applicable policy terms and conditions.
- e-Commerce Purchase Protection: Eligible online purchases are covered for up to USD200 per claim per annum against non-delivery after 30 days of the scheduled delivery date, incorrect or incomplete delivery, and physical damage to the delivered item, subject to the programme's terms and conditions.
Digital Banking and Additional Privileges
Manage your Public Bank World Mastercard Credit Card through PB online banking, allowing you to access your account and banking services wherever you are.
Cardholders also enjoy 35% off Will and Wasiat Writing Service fees through PB Trustee Services Berhad.
Fees and Charges
The Public Bank World Mastercard Credit Card is Free for Life, with no annual fee payable for both principal and supplementary cardholders.
- Annual fee (principal): Free for Life.
- Annual fee (supplementary): Free for Life.
- Government Service Tax: RM25 per card upon activation and every anniversary thereafter.
- Cash advance fee: 5% of the amount withdrawn or RM20, whichever is higher.
- Cash advance interest: 18% p.a., calculated from the transaction date until full repayment.
- Late payment charge: 1% of the outstanding balance, subject to a minimum of RM10 and a maximum of RM100.
- Minimum monthly payment: RM50 or 5% of the outstanding balance, whichever is higher.
Retail purchases are subject to Bank Negara Malaysia's tiered finance charges of 15% p.a., 17% p.a. or 18% p.a., depending on your repayment history.
Eligibility Requirements
To apply for the Public Bank World Mastercard Credit Card, you must:
- Be 21 years old and above for a principal cardholder.
- Be 18 years old and above for a supplementary cardholder.
- Earn a minimum annual income of RM120,000.
Required Documents
Prepare the following documents when applying for the Public Bank World Mastercard Credit Card.
Identification documents
- MyKad, MyTentera, MyPR, MyKas or Police ID (front and back), where applicable.
- Passport (for passport holders).
Income documents(submit one, where applicable)
- Latest one month's salary slip.
- Latest EA Statement.
- Latest EPF Statement.
- Employment Letter or Employer Confirmation.
- Latest one year's Income Tax Return and Tax Receipt.
- Latest six months' Company CASA Statement (for company directors).
Additional documents
- Valid Work Permit (for passport holders).
Public Bank may request additional supporting documents depending on your application.
How to Apply
Compare the Public Bank World Mastercard Credit Card with other credit cards on CompareHero and apply online in just a few steps. Eligible applicants may also enjoy exclusive sign-up offers, subject to the campaign's terms and conditions.