Personal Banking

Cards / Credit Card-i Fees & Charges
Fees & Charges
 
Annual Fee
 
  • Platinum :

- RM388 (Principal Card)*
- RM150 (Supplementary Card)*
*WAIVED for the first year. Second and subsequent years will be waived with conditions. Waiver condition : At least one card usage for the year.

  • Gold :

- RM150 (Principal Card)
- RM80 (Supplementary Card)
WAIVED with NO condition

  • Classic :

- RM60 (Principal Card)
- RM30 (Supplementary Card)
WAIVED with NO condition

  • Muslimah :

- RM150 (Principal Card)
- RM80 (Supplementary Card)
WAIVED with NO condition

 
Profit Charges under the Tiered Pricing Structure
 
 
Transaction Type Annual Rate Criteria Tier
Retail 13.5%  
Non-member of Bank Rakyat Shares
 
Tier 1: Minimum payment received before or on the due date for 9 consecutive months
13.0%  
Member of Bank Rakyat Shares
 
17.0%  
Non-member of Bank Rakyat Shares
 
Tier 2: Minimum payment received before or on the due date for 6 months or more within 9 months
15.5%  
Member of Bank Rakyat Shares
 
18.0%  
Non-member of Bank Rakyat Shares
 
Tier 3: Does not meet the requirements of Tier 1 and Tier 2 above.
17.0%  
Member of Bank Rakyat Shares
 
Cash Withdrawal 18.0%  
Will be calculated on daily basis starting from transaction date until cash withdrawal amount is fully settled.
 
Balance Transfer  
0.25% monthly or 3% yearly
 
 
First three (3) months
 
1.125% monthly or 13.5% yearly
 
 
Forth (4th) month until the balance is fully paid
 
Cash Withdrawal Service Fee
 
a) Cash withdrawal through Bank Rakyat's ATM or counter, you will be charged a fee of 3% or RM 20 whichever is higher.
 
b) Cash withdrawal through other banks ATM or counter, a fee of 5% will be charged on the amount of cash withdrawal, or RM 20 whichever is higher.
Cash withdrawal service fee schedule is as follows:
 
Channel  
Total amount of cash withdrawal
 
Service fee
 
ATM or Bank Rakyat's counter
 
 
Up to RM660
 
RM20
 
Exceeds RM660
 
3% for every cash withdrawal
 
ATM or other bank’s counter
 
 
Up to RM400
 
RM20
 
Exceeds RM400
 
5% for every cash withdrawal
 
 
 
Minimum Monthly Payment
 
 
5% from the total outstanding balance or RM50 whichever is higher.
 
 
Compensation Charge (Ta’widh) for Late Payment
 
Late Payment Charges (Ta'widh) is1% of the current balance or minimum of RM10 up to maximum of RM100 (whichever is higher), shall be charged if no payment is received on the forth (4th) day after the payment due date or payment made is less than 5% of the prescribed minimum payment.
 
 
Copy of Card Monthly Statement Request
 
 
 
RM5.00 will be charged for EACH copy of the monthly card statement requested.
 
Sales Draft Request
 
·        RM5.00 will be charged for every request for a copy of the Sales Draft.
·        RM15.00 for each original copy of the Sales Draft.
 
 
Card Replacement Charges
 
 
RM50 for every replacement of Bank Rakyat Credit Card-i.
 
Overseas Transaction
 
Transactions made outside Malaysia will be converted to US Dollar, which is determined by MasterCard International on the date the transaction received and/or processed by the Bank. The value of US Dollar is then converted to Ringgit Malaysia. The exchange rates may vary according to market fluctuations and the amount converted will be subjected to the exchange rate of the transaction processing time.
 
 
Over limit compensation fee/charges
 
Not available
 
Service Tax
(Credit Card-i)
 
Principal Card (RM) Supplementary Card (RM)
RM25.00 RM25.00
 
Grace Period for Profit Charges
 
20 days from the date of transaction for retail transaction