Public Bank Quantum Visa
Tap and earn with the Public Bank Quantum Visa Credit Card
Eligibility
Minimum Monthly Income
RM 3,000 (RM 36,000 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 3-6 months salary slip
- Latest EA statement
- Latest EPF statement
- Letter of Employment or employer confirmation
- Latest 1 year official tax receipt
- Latest 3 months bank statement
Self-Employed (Malaysian)
- A copy of your IC (both sides)
- Latest 1 year official tax receipt
- Business Registration Certificate (SSM)
- Latest B Form with official tax receipt
- Latest EPF Statement
- Latest 3-6 months salary slip
- Latest 3 months bank statements
Fees & Charges
Interest Rate
15% - 18%
Annual Fee
RM 0
Free*
Annual Fee Waiver
Yes
Free for life
Late Payment Fee
RM 50 or 5% of the outstanding amount, whichever is higher
Interest Rate
15%
Features
Good for No Annual Payments, Cashback & Rewards/Offers
2% cashback on contactless transactions with minimum RM100 per transaction, capped at RM20 monthly (Note: Effective from 1 February 2025 onwards, the 2% cashback will be revised to 1% cashback for Contactless Transaction, while the spending and capping amount remain the same)
2X VIP Points for every RM1 spent on overseas retail spending 1X VIP Point for every RM1 spent on local retail spending
Enjoy 1% FlexiPay Plan for 12 months with a minimum purchase of RM1,200
Track your carbon footprint on every card spending via the CO2 Tracker! 50% discount on Will and Wasiat Writing Service fees Complimentary Public Bank Quantum Mastercard Credit Card!
Terms and Conditions
Product review by CompareHero
What Is the Public Bank Quantum Visa Credit Card?
The Public Bank Quantum Visa Credit Card is a cashback credit card designed for cardholders who frequently make contactless payments and overseas purchases. With a minimum annual income requirement of RM36,000, the card offers 1% Cash Back on eligible contactless transactions, VIP Points on local and overseas retail spending, and a Free for Life annual fee for both principal and supplementary cardholders.
Benefits of the Public Bank Quantum Visa Credit Card
- Free for Life annual fee for both principal and supplementary cardholders.
- Earn 1% Cash Back on eligible contactless transactions.
- Earn 2 VIP Points for every RM1 spent on other eligible overseas retail purchases.
- Earn 1 VIP Point for every RM1 spent on other eligible local retail purchases.
- Enjoy an exclusive PB Flexipay Plan offer of 1% for 12 months on eligible purchases.
- Manage your card through PBe Online Banking.
- Enjoy 35% off Will and Wasiat Writing Service fees through PB Trustee Services Berhad.
Cash Back and VIP Points
The Public Bank Quantum Visa Credit Card rewards eligible contactless payments and retail spending with Cash Back and VIP Points.
Cash Back
Earn 1% Cash Back on eligible contactless transactions with a minimum spend of RM100 per transaction. Cash Back is capped at RM20 per monthly statement cycle, with the monthly cap shared between the principal and supplementary cards.
VIP Points
Earn 2 VIP Points for every RM1 spent on other eligible overseas retail purchases and 1 VIP Point for every RM1 spent on other eligible local retail purchases. VIP Points are valid for three years and can be redeemed through the Public Bank Preferred Redemption Rewards Catalogue.
Selected transactions are excluded from earning Cash Back and VIP Points under Public Bank's prevailing terms and conditions.
Additional Benefits
The Public Bank Quantum Visa Credit Card comes with an exclusive PB Flexipay Plan offer of 1% for 12 months on eligible retail purchases ofRM1,200 or more, allowing you to convert qualifying purchases into instalment payments.
You can also manage your Public Bank Quantum Visa Credit Card through PBe online banking, giving you access to 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 Quantum Visa 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 Quantum Visa 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 RM36,000.
Required Documents
Prepare the following documents when applying for the Public Bank Quantum Visa 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 Quantum Visa 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.