Public Bank AIA Visa Gold
Save on insurance payments with the Public Bank-AIA Visa Gold Credit Card
Eligibility
Minimum Monthly Income
RM 2,000 (RM 24,000 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
Good for Cashback
0.2% cashback for your AIA Insurance Premiums 0.1% unlimited Cash MegaBonus on local and overseas retail purchases
Terms and Conditions
Product review by CompareHero
What Is the Public Bank AIA Visa Gold Credit Card?
The Public Bank AIA Visa Gold Credit Card is a cashback credit card designed for AIA policyholders who want to earn rewards on their insurance premium payments and everyday spending. With a minimum annual income requirement of RM24,000, the card offers 0.2% unlimited Cash Rebate on eligible AIA insurance premiums, 0.1% unlimited Cash MegaBonus on other eligible retail purchases, and a lifetime annual fee waiver without any spending conditions.
Benefits of the Public Bank AIA Visa Gold Credit Card
- Annual fee waived for life with no spending requirement.
- Earn 0.2% unlimited Cash Rebate on eligible AIA insurance premium payments charged to your card.
- Earn 0.1% unlimited Cash MegaBonus on other eligible local and overseas retail purchases.
- Manage your card through PBe online banking.
How Cash Rebate and Cash MegaBonus Work
The Public Bank AIA Visa Gold Credit Card rewards both your AIA insurance premium payments and everyday spending.
Cash Rebate
Earn 0.2% unlimited Cash Rebate on AIA insurance premiums charged to your Public Bank AIA Visa Gold Credit Card. AIA insurance premium payments made via Direct Debit are not eligible for Cash Rebate.
Cash MegaBonus
Earn 0.1% unlimited Cash MegaBonus on eligible local and overseas retail purchases. Cash MegaBonus is accumulated from qualifying spending and can be redeemed through Public Bank's Cash MegaBonus programme. Selected transactions are excluded under Public Bank's prevailing terms and conditions.
Fees and Charges
The Public Bank AIA Visa Gold Credit Card comes with a lifetime annual fee waiver, with no spending requirement or annual fee waiver conditions.
- Annual fee: Waived 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 AIA Visa Gold 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 RM24,000.
Required Documents
Prepare the following documents when applying for the Public Bank AIA Visa Gold 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 AIA Visa Gold 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.