HSBC Platinum Mastercard Credit Card

Min. annual incomeRM102,000RM8,500 / month equivalent

Principal annual feeRM240

Card networkMastercardConventional card

Apple PaySupported

Google PaySupported

THE DETAILS

Benefit breakdown

Platinum Reward Points
Eligible category	Earn level	Monthly extra-points cap
Contactless	8X	3,000
Selected online merchants	5X	3,000
Grocery	5X	3,000
Overseas	5X	6,000
Other eligible spend / after bonus cap	1X	Standard points rules

Selected online merchants include Lazada, Shopee, Zalora, Grab and Fave where coded as eligible.

Principal annual fee: RM240
Supplementary annual fee: RM120; applicable first-year / subsequent waiver conditions remain separate.
Annual-fee waiver: First year waived; subsequent waiver at RM6,000 qualifying annual retail spend. Applies to current new-card rules.
Retail interest / effective profit rate: 15% / 17% / 18% p.a., based on prompt-payment history.
Cash advance interest / profit: 18% p.a., normally calculated daily without a retail grace period.
Service tax: RM25 for each principal / supplementary card; an annual-fee waiver does not waive this tax.
Cash advance fee: RM8.70 per transaction, plus applicable tax.
Minimum monthly payment: 5% of current balance plus full monthly card-plan instalments and any unpaid prior minimum, or RM50, whichever is higher.
Late payment: Higher of RM10 or 1% of outstanding balance, capped at RM100.
Foreign currency conversion: Visa / Mastercard conversion rate plus 1% bank conversion cost and applicable network transaction fees.
Replacement card: RM50
Retail grace period: At least 20 days when the prior statement is settled in full and the applicable no-cash-outstanding conditions are met.

Minimum annual income: RM102,000
Principal age: At least 21 years
Supplementary age: At least 18 years
Application conditions: Published income threshold; residency, income documents and bank credit assessment also apply.

Instalment services
Service	How it works
Card Instalment Plan	0% offers at participating merchants; qualifying purchases and available tenures apply.
Balance conversion / transfer	Separate application and approved repayment quote required; not assumed to be interest-free.

Income documents: NRIC / passport and accepted income evidence such as payslips, EPF, tax assessment and supporting bank statements. Self-employed applicants also need business registration and business statements. Foreign applicants must satisfy the bank’s work-permit / residency requirements.

Annual fees exclude applicable tax and transaction charges. Bank approval and current product terms apply.