Personal Banking

Cards / PDRM Credit Card-i
The financing facilities are under the principle of Shariah Murabahah (by adopting Tawarruq practice)
Eligibility:
  • Principal: 21 years old and above
  • Supplementary: 18 years old and above
  • Annual Income: RM24,000 above

Documents required:
  • Copy of Identity Card (Front and Back) / Passport (For Principal / Supplementary Applicant’s) AND:
  • Copy of latest pay slip
  • Auto Debit Form
Main Features:
  • EXCLUSIVE card design for PDRM personnel.
  • Special cash withdrawal fee of 1.5% or minimum RM15 (whichever is higher) at the automated teller machine (ATM) or Bank Rakyat.
 
Additional Features:
  • NO Annual Fee.
  • FREE Group Family Takaful Coverage and ‘Khairat Kematian’ RM1,000. Coverage includes guaranteed repayment of outstanding finances accrued through Credit Card-i usage.
  • NO Mark-Up Rate for overseas transactions.
  • Bank Rakyat 0% Installment Plan for retail purchases of RM1,000 & above.
  • Entitle for Bank Rakyat 8%.GOV.MY as per table below.
Type of transaction Tier Annual Profit Rate Entitlement Requirement Entitlement Tenure
 
 
 
 
Retail
Tier 1 8% Total outstanding balance >30% from financing limit AND NOT exceed 60 days delinquent. THREE (3) YEARS from the FIRST statement issued after the enrollment date
Tier 2 9% Total outstanding balance is 10% - 30% from financing limit AND NOT exceed 60 days delinquent
Tier 3 10% Total outstanding balance <10% AND NOT exceed 60 days delinquent
Note: Bank Rakyat 8%.GOV.MY program ended on August 2024

  • Profit rate under Credit Card-i Tiered Pricingis applicable after 3 years:
Tier Criteria Yearly Profit Rate
Tier 1: Minimum payment received before or on the Due Date for 9 months consecutively. Non-Bank Rakyat Share Member 13.5 %
Bank Rakyat Share Member 13.0 %
Tier 2: Minimum payment received before or on the Due Date for 9 months or more within 9 months period. Non-Bank Rakyat Share Member 17 %
Bank Rakyat Share Member 15.5 %
Tier 3: Does not meet the above conditions for Tier 1 and Tier 2. Non-Bank Rakyat Share Member 18 %
Bank Rakyat Share Member 17 %

  • Rakyat Rewards

a) 1 point is given to cardholder for every RM10 spent. The point would then be converted to cash at the rate of RM0.10 per 10 points.

b) Rakyat Rewards validity period is confined to 3 years. The rewards earned by cardholders on any date of any month are valid until the end of the same month, for the next 3 years.

  • Rakyat Rebate

a) The rebate schedule as per below:

Items Year 1 Year 2 Year 3
Auto debit facility 0.5% 0.5% 0.5%
Good paymaster 1.0% 1.0% 1.5%
Other financing facilities at Bank Rakyat 0.5% 1.0% 1.0%
Total Rebate (Rakyat Rebate) 2.0% 2.5% 3.0%

b) Profit rebate earned from Rakyat Rebate will be offset against principal outstanding balance on statement date. 

1. What is Bank Rakyat PDRM Credit Card-i? 
Bank Rakyat PDRM Credit Card-i is a Credit Card-i offered EXCLUSIVELY for Royal Malaysia Police (RMP) personnel and RMP non-management personnel.

2. When will the Bank Rakyat PDRM Credit Card-i be available? 
Bank Rakyat PDRM Credit Card-i will be available starting from 19 February 2024.

3. What are the main features of Bank Rakyat PDRM Credit Card-i?
 The main features of Bank Rakyat PDRM Credit Card-i are as follows:

i. EXCLUSIVEcard design for RMP personnel.
ii. Special CASH WITHDRAWAL FEE of 1.5% or minimum RM15 (whichever is higher) at the automated teller machine (ATM) or Bank Rakyat counter.

4. Who can apply for the Bank Rakyat PDRM Credit Card-i?
Only RMP personnel and RMP non-management personnel are eligible to apply for Bank Rakyat PDRM Credit Card-i

 5. What are the types of cards offered?
Types of Credit Card-i offered are according to the position of the RMP personnel as follows:

Card Type Position

 
 
 
 
 
 

Platinum

Senior Police Officers
  • Inspector General (IG)
  • Deputy Inspector General (DIG)
  • Commissioner Police (CP)
  • Deputy Commissioner of Police (DCP)
  • Senior Assistant Commissioner (SAC)
  • Assistant Commissioner Police (ACP)
  • Superintendent Police (SUPT.)
  • Deputy Superintendent Police (DSP)
  • Assistant Superintendent Police (ASP)
  • Inspector (INSP)
  • Probationary Inspector (P/I)
 
 
 
 

Gold

Police Officers
 
  • Sub-Inspector (SI)
  • Sergeant Major (SM)
  • Sergeant (SJN)
  • Corporal (KPL)
  • Lance Corporal (L/KPL)
  • Constable (KONST)

6. Are Bank Rakyat PDRM Credit Card-i cardholders eligible for the Bank Rakyat 8%.GOV.MY program? 
Yes, Bank Rakyat PDRM Credit Card-i cardholders are eligible for the Bank Rakyat 8%.GOV.MY program only if the application is approved before 31August 2024.

7. How can I apply for the Bank Rakyat PDRM Credit Card-i?
Submit your online application through Bank Rakyat Quick (BRICK) or visit Bank Rakyat’s nearest branches.
 
8. I am an RMP personnel and an existing cardholder of Bank Rakyat Credit Card-i. Can I apply for Bank Rakyat PDRM Credit Card-i?
 
Yes, you can apply for Bank Rakyat PDRM Credit Card-i via the following methods:
Method Details
First
  • Reply SMS from the Bank offering to convert the card.
*SMS will be sent occasionally
Second
  • Email to kkredit@bankrakyat.com.myfor card conversion application with below details:
  • Name
  • Existing Credit Card-i Number
  • Phone Number
  • Position

9. I am a Bank Rakyat PDRM Credit Card-i cardholder. Can I enjoy the benefits of Bank Rakyat PDRM Credit Card-i if I have ended my service as PDRM personnel?
If the cardholders have ended their service as RMP personnel, the Bank has the right to convert the Bank Rakyat PDRM Credit Card-i to Gold or Platinum Credit Card-i depending on eligibility and the cardholders will no longer be eligible for the benefits of Bank Rakyat PDRM CreditCard-i.

10. How long am I eligible to hold Bank Rakyat PDRM Credit Card-i?
 You are eligible to hold Bank Rakyat PDRM Credit Card-i until the retirement age of 60 years.

11. What if I ended my service as PDRM personnel before the age of 60?

i. Reply notification from Bank Rakyat during card renewal to update employment status.
OR
ii. Contact Bank Rakyat Card Centre at 03-2693 6880 to update your employment status.

12. How do I apply or get more information about Bank Rakyat PDRM Credit Card-i?
  1. Go to brick.bankrakyat.com.my(Bank Rakyat BRICK) for online application or
  2. Visit our website at www.bankrakyat.com.my; or
  3. Contact Bank Rakyat Card Centre at 03-2693 6880

The published rates, fees and charges are effective from 1st April 2019 following the implementation of 6% SST from 1st September 2018. Terms & conditions apply.

For any enquiries, please visit the nearest branch or call our Contact Centre tele-Rakyat at 1-300-80-5454.
*Terms and conditions apply.