Public Bank Visa Gold
Straightforward cashback with the Public Bank 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
- Latest 6 months of the following - Overtime as reflected on the Payslips - Commissions Statements - Fee Statements
- Latest 3 years of the following - Dividend Statements - Interest Statements
- Other income: - Tenancy Agreements - Pension Statements - Annuities Statements
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 the first year and waived with minimum 12 swipes in the previous 12 months. Otherwise, RM150 for Principal Card and RM100 for Supplementary Card
Late Payment Fee
RM 50 or 5% of the outstanding amount, whichever is higher
Interest Rate
15%
Features
Good for Cashback
Unlimited 0.1% Cash MegaBonus on local and overseas retail purchases
Terms and Conditions
Product review by CompareHero
What Is the Public Bank Visa Gold Credit Card?
The Public Bank Visa Gold Credit Card is an everyday credit card that rewards eligible spending with Cash MegaBonus while offering a low minimum income requirement and an annual fee waiver based on card usage. For every eligible Ringgit spent, you'll earn 0.1% unlimited Cash MegaBonus, making it a straightforward option if you're looking for a simple rewards card without having to track spending categories.
The card also provides access to Public Bank's credit card services and Visa privileges, including contactless payments, online account management through PBe, and instalment payment options through Public Bank's prevailing Flexipay programme.
Benefits of the Public Bank Visa Gold Credit Card
- Earn 0.1% unlimited Cash MegaBonus on eligible retail spending.
- No spending categories or cashback cap to keep track of.
- First-year annual fee waiver for principal and supplementary cards.
- Subsequent annual fee waiver with at least 12 retail transactions during the preceding 12 months.
- Access Visa contactless payment for faster in-store purchases.
- Convert eligible purchases into instalment payments through Public Bank Flexipay, subject to the bank's prevailing terms and conditions.
How Cash MegaBonus Works
Earn 0.1% unlimited Cash MegaBonus on eligible local and overseas retail purchases with the Public Bank Visa Gold Credit Card. Cash MegaBonus is accumulated from qualifying spending and can be redeemed through Public Bank's Cash MegaBonus programme. Transactions excluded under the programme's terms and conditions do not earn Cash MegaBonus.
Fees and Charges
The principal and supplementary cards enjoy a first-year annual fee waiver. From the second year onwards, the annual fee is waived when you make at least 12 retail transactions during the preceding 12 months.
- Annual fee (principal): RM150 per year.
- Annual fee (supplementary): RM100 per year.
- 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 Visa Gold Credit Card, you must:
- Be between 21 and 70 years old for a principal card.
- Be between 18 and 70 years old for a supplementary card.
- Earn a minimum annual income of RM24,000.
Required Documents
Prepare the following documents when applying for the Public Bank 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 Director).
Additional documents
- Valid Work Permit (for passport holders).
Public Bank may request additional supporting documents if required during the application process.
How to Apply
Compare the Public Bank 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.