Bank Rakyat Platinum Explorer Credit Card-i

Min. annual incomeRM60,000RM5,000 / month equivalent

Principal annual feeRM0

Card networkMastercardIslamic credit card

View with bank ↗← All RAKYAT cards

3 visits / calendar year for each eligible holderPlaza Premium Lounge worldwide

SPENDING ABROAD

Foreign-currency fees

0% FX fee

No additional overseas currency-exchange fee advertised; Mastercard conversion rates apply.

Countries / location: Overseas spending; no named-country restriction stated in the linked policy.
Transaction currency: Eligible foreign-currency purchases; a transaction billed in MYR under DCC is different.
Eligible payment method: Eligible foreign-currency retail purchases. Do not assume cash advances or merchant fees are waived.
Fee waived: Additional bank FX markup: 0%.
Conversion & other charges: Mastercard conversion rates apply. Issuer advertises no additional overseas exchange fee.
Minimum spend / cap: No separate spending threshold stated for this bank-markup waiver. Rewards have their own conditions.
DCC / home-currency payment: DCC is outside the foreign-currency waiver; merchant conversion and other charges can apply.
Effective period: Current product policy checked 4 November 2026; no fixed end date stated.

0% fees do not mean a fixed or mid-market exchange rate. Network conversion rates and merchant surcharges are separate. The waiver applies only to the transactions and locations stated above.

BEFORE YOU FLY

Airport lounge access

Current programme · checked 3 November 2026

3 visits / calendar year for each eligible holder

Plaza Premium Lounge worldwide

Spend & visit rules: Annual January–December allowance, no carry forward. Verify participating-outlet eligibility, remaining quota and active account status.
Who can enter: Eligible principal AND supplementary cardholders each receive the stated allowance.; Guests are charged separately unless expressly included.
Where it works: Participating worldwide outlets listed by the Bank Rakyat programme; do not assume every Plaza Premium outlet participates.
Kuala Lumpur International Airport
Terminal International departures Domestic departures
KLIA T1 ✓ Listed – Outside coverage
KLIA T2 Public area · verify Public area · verify
At T2, the listed Plaza Premium Lounge is on Level 2M at Gateway@klia2, before immigration and security. Check the card’s boarding-pass rules.
How to enter: Travel documents Valid boarding pass. Bring your passport for international departures and overseas lounges.
Lounge credential Smart Traveller: link the eligible card and check quota; physical card remains required.

Kuala Lumpur International Airport
Terminal	International departures	Domestic departures
KLIA T1	✓ Listed	– Outside coverage
KLIA T2	Public area · verify	Public area · verify

Entry steps & validity

Physical card, same-name identity and valid boarding pass; Smart Traveller is the issuer-recommended quota-check route.

Use current issuer terms and the participating-outlet list; quotas do not guarantee admission when a lounge is full.

Official lounge eligibility & conditions Participating lounges Official participating lounge list

Check your remaining visits and the card’s participating lounge list before travel.

THE DETAILS

Benefit breakdown

Standard Rakyat Rewards

Standard Rakyat Rewards
Eligible retail	Points	Cash redemption
RM10 eligible retail	1 point	10 points = RM0.10

Three-year points validity. Selected card-specific multipliers / cash values below override this base programme where stated.

Explorer travel cashback

Explorer travel cashback
Eligible category	Rate	Shared annual cap
Qualifying airline / hotel transactions	5%	RM1,000 principal + supplementary combined

No minimum spend. Annual cap is not a separate RM83 monthly limit. If the customer also holds Cikgu Sejati, the issuer states a combined RM1,000 annual cashback ceiling across those cards.

Fees & charges

Principal annual fee: RM0
Service tax: RM25 per issued principal / supplementary card annually; separate from annual fees.
Retail profit rate: Non-shareholder: 13.5% / 17% / 18% p.a.; qualifying shareholder: 13% / 15.5% / 17%, according to repayment history. No compounding.
Cash withdrawal fee: Bank Rakyat ATM: 3%, minimum RM20; other banks: 5%, minimum RM20. Applicable tax is additional; PDRM cards have a separate bank-ATM tariff.
Minimum payment: 5% of relevant balance plus full monthly instalments, unpaid minimum amounts and over-limit amounts, or RM50, according to the PDS formula.
Late payment / Ta’widh: 1%, subject to the published RM10 / RM100 limits and applicable timing rules; does not compound.
Foreign exchange: No additional bank FX markup advertised; Mastercard conversion rates still apply.
Annual-fee waiver: Unconditional annual-fee waiver under the current product terms; service tax remains separate.

Requirements

Minimum annual income: RM60,000 (RM5,000 monthly equivalent)
Principal minimum age: 21 years; upper age / documentary conditions follow the current application.

Payment plans

0% instalment plan

0% instalment plan
Minimum qualifying purchase	Tenure
RM1,000	6 / 12 / 24 months where offered

Participating merchants / conversion approval and minimum monthly instalment conditions apply; not every purchase automatically becomes a 0% plan.

Product features

Card benefits: 5% eligible airline / hotel cashback with shared RM1,000 yearly cap; 3 Plaza Premium visits each for principal and supplementary holders.
Rakyat Rebate: A conditional rebate on PROFIT charged for qualifying repayment / relationship behaviour. It is not purchase cashback; a full payer with no profit charge has no such profit rebate.
Protection: Outstanding-balance Takaful and Khairat benefits are subject to policy eligibility, age and insured-event rules; not unlimited travel medical insurance.
Airline conversion via iRakyat: Standard points examples: 5,500 points (RM55 value) for 1,000 Enrich points; 2,500 points (RM25 value) for 1,000 AirAsia points. Check the live iReward quote and card-specific point value before redemption.

Product disclosure·Card terms·FX fee policy·Terms apply

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