The Best Credit Cards in Malaysia 2016 – Episode II (Airport Lounges and Petrol)

Another Exclusive Best Credit Cards Article by GenX @ http://www.GenXGenYGenZ.com

GenX GenY GenZ Facebook Post on Airport Lounge Revision by Maybank

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UPDATE September 2016 – Effective 1st October 2016, you need to spend minimum RM2K in order to earn cash back with the Hong Leong Bank WISE Platinum or Gold credit card. With the cash back capped at RM100 per month and taking into consideration you need to pay the annual fee, the MAXIMUM Effective Cash Back you can earn with the HLB Wise is only 4.29%. For more info, please click here to my Hong Leong Bank Wise Credit Card article.

UPDATE February 2016 – Published a review on the AEON BiG Visa Gold credit card (click here to read it) which grants you 6X FREE access to Plaza Premium Lounges PLUS also earns you 5% cash back for petrol!!

Maybank Treats Points Revision 2016IMPORTANT ANNOUCEMENTclick here to learn the revision to Treats Points effective 15 April 2016 and what credit cards you should use for transactions relating to Government, Education, Insurance and Utilities. Effective 15th April 2016, you should not use the Maybank 2 Card Gold, Platinum and Premier including the AMEX credit cards for Petrol as it will earn you miserable returns.

 

INTRODUCTION

In view of the many revisions to many credit cards’ benefits since October 2015, I have previously announced that I will be republishing another Credit Card Ultimate Showdown 2016.

For my latest Exclusive Annual Credit Card Ultimate Showdown, STARs will be awarded based on 11 Categories (previously 10) to determine the Best Top 10 Credit Cards in Malaysia. i.e. (1) Annual Fee, (2) Reward/Cash Back for Local Spending, (3) Reward/Cash Back for Overseas Spending, (4) Reward/Cash Back for Petrol, (5) Customer Service, (6) FREE Access to Airport Lounges, (7) Enrich Miles Conversion, (8) Travel and Medical Insurance, (9) Internet, (10) 0% Interest Balance Transfer and (11) Others.

I thought I should extract from my overall analysis in determining The Best Top 10 Credit Cards in Malaysia and present to you a detailed analysis of two of the Sub-Categories that many are interested in, i.e. Airport Lounge and Petrol.

In respect of the above mentioned paragraph, I am pleased to present to you my NEW Exclusive Best Credit Cards for FREE Access to Airport Lounge and Best Credit Card for Petrol.

For The Best Credit Card for Earning Enrich Miles or KrisFlyer Miles, please click here to my Comprehensive Review of The Best Credit Card to earn Frequent Flyer Miles at Generations XYZ blogspot.

For The Best Credit Card for Earning AirAsia Big Points, please click here to my article titled The Best Credit Cards to Earn AirAsia Big Points and Fly For FREE at Generations XYZ blogspot.

THE BEST TOP 5 CREDIT CARDS FOR PETROL

In determining the best credit cards for petrol for the purpose of this article, the credit cards are ranked solely based on their EFFECTIVE CASH BACK which have taken into consideration of the cards’ annual fee. It is assumed that the cards stated in the analysis below are used mainly for Petrol only and nothing else.

The Best Credit Cards for Petrol 2016

Click here to see enlarged image of the above if necessary.

Based on the above table, the Best Top 5 Credit Cards in Malaysia for Petrol are (click on the card to read my review and learn the pros and cons of each card):

No.1 AffinBank BHPetrol Touch & Fuel MasterCard – FREE with spending of RM2400 p.a. Good at BHPetrol only.

No.2 Hong Leong Bank Wise Visa Classic – Good for all Petrol Stations EVERYDAY if you can swipe 10 times a month with it and each swipe no less than RM50 . PLEASE NOTE, effective 1st October 2016, the T&C for the HLB WISE will be revised and you will earn less than 5% effective cash back.

No.3 Hong Leong Bank Wise Visa Platinum – Good for all Petrol Stations EVERYDAY if you can swipe 10 times a month with it and each swipe no less than RM50 . PLEASE NOTE, effective 1st October 2016, the T&C for the HLB WISE Plat will be revised and you will earn less than 4% effective cash back after deducting annual fee..

No.4 Maybank Islamic MasterCard Ikhwan – FREE FOR LIFE and good for all Petrol Stations on Fridays and Saturdays only.

No.5 Maybank Visa Signature – Good for all Petrol Stations Everyday.

THE BEST TOP 12 CREDIT CARDS FOR FREE ACCESS TO AIRPORT LOUNGE

In determining the best credit cards for FREE Access to Airport Lounges, STARs are awarded based on two categories only, i.e. Annual Fee and FREE Access.

Auto Annual Fee Waiver – FREE is the best!

  • Cards which are FREE FOR LIFE without any conditions are awarded 3 STARS.
  • Cards that offer automatic annual fee waiver with just 12 swipes as standard card features are awarded 2 STARS.
  • For cards with some kind of auto annual fee waiver mechanism (e.g. spend RMX amount) will be awarded 1 STAR.
  • Cards that impose annual fee for the first year on the other hand will get -1 STAR!
    Cards where you need to call Customer Service and beg for annual fee waiver are not entitled to any STARs.

FREE Airport Lounge Access – FREE FOR LIFE credit cards where one needs to spend more than RM100K to enter any airport lounge will not be eligible for any STARs. E.g. Alliance Bank Visa Infinite, Hong Long Bank Visa Infinite, CIMB World MasterCard/Visa Infinite and CIMB Visa Signature.

Basically a STAR is awarded based on 5 sub-categories, i.e. access to KLIA, KLIA2, Selected International Airports, Green Market and Golden Lounge.

KLIA Plaza Premium Lounge:

  • Principal Cards that allow LIMITED entries to KLIA PPL are awarded ½ STAR.
  • Principal Cards that grant UNLIMITED entries to KLIA PPL are awarded 1 STAR.
  • Supplementary Cards that are granted LIMITED entries (not combined with Principal) to KLIA PPL are awarded ½ STAR.
  • Supplementary Cards that are granted UNLIMITED entries to KLIA PPL are awarded 1 STAR.

KLIA 2 Plaza Premium Lounges (there are 3 in KLIA 2):

  • Principal Cards that allow LIMITED entries to KLIA2 PPL are awarded ½ STAR.
  • Principal Cards that grant UNLIMITED entries to KLIA2 PPL are awarded 1 STAR.
  • Supplementary Cards that are granted LIMITED entries (not combined with Principal) to KLIA2 PPL are awarded ½ STAR.
  • Supplementary Cards that are granted UNLIMITED entries to KLIA2 PPL are awarded 1 STAR.

Selected International Airports Lounges (more than 2, if the card only allows FREE access to a lounge in Changi International Airport, no STAR will be awarded):

  • Principal Cards that allow LIMITED entries to selected overseas airport lounges are awarded ½ STAR.
  • Principal Cards that grant UNLIMITED entries to selected overseas airport lounges KLIA2 PPL are awarded 1 STAR.
  • Supplementary Cards that are granted LIMITED entries (not combined with Principal) to selected overseas airport lounges are awarded ½ STAR.
  • Supplementary Cards that are granted UNLIMITED entries to selected overseas airport lounges KLIA2 PPL are awarded 1 STAR.

Green Market at KLIA2

  • Principal Cards that allow LIMITED entries to Green Market KLIA2 are awarded ½ STAR.
  • Principal Cards that grant UNLIMITED entries to Green Market KLIA2 are awarded 1 STAR.
  • Supplementary Cards that are granted LIMITED entries (not combined with Principal) to Green Market KLIA2 are awarded ½ STAR.
  • Supplementary Cards that are granted UNLIMITED entries to Green Market KLIA2 are awarded 1 STAR.

FREE meals and drinks with Credit Cards at the Green Market is truly a privilege to a lucky few who holds the right credit card(s). Many Premier Credit Cards and the Priority Pass Membership Card are not entitled to FREE meal and drink at the Green Market

Below is an Exclusive Image taken by yours truly which list the cards granting FREE access to Green Market effective 1st January 2016.

Green Market KLIA 2

Malaysia Airlines Berhad Golden Lounge – 1 STAR for CIMB Enrich LIMITED entries to all Golden Lounges worldwide. But after deducting -1 STAR for imposing first year annual fee, the CIMB Enrich World MasterCard and World Elite MasterCard get ZERO STAR! Actually this FREE Golden Lounge entry is useless as most of those who own the CIMB Enrich cards would fly Business Class anyway.

I called AmBank, AMEX Toll Free and Citibank Customer Service for confirmation on Supp Card FREE entries. I can tell you AmBank and AMEX CS representative were very helpful. However, the Citibank CS was useless, first I had to press this and that, and when finally I spoke to a human, I asked her about FREE access to Airport Lounges and she hung up the phone!!!

It gives me great pleasure to present to you my analysis below in a table form to determine the Best Top 10 Credit Cards in Malaysia for FREE Access to Airport Lounges 2016 (click here to see enlarged image):

The Best Credit Cards in Malaysia for FREE Access to Airport Lounge

Based on the above analysis, The Best Top 12 Credit Cards in Malaysia for FREE Access to Airport Lounges 2016 are:

No.1 American Express Platinum Credit Card (You have to call them to request for Annual Fee waiver).
No.1 American Express KrisFlyer Gold Credit Card (You have to call them to request for Annual Fee waiver).
No.3 AmBank World MasterCard/Visa Infinite (FREE FOR LIFE no conditions whatsoever).
No.3. AmBank Platinum Visa/MasterCard (FREE FOR LIFE no conditions whatsoever).
No.5 CIMB Preferred Visa Infinite (FREE FOR LIFE no conditions whatsoever).
No.5 Maybank Visa Infinite (Annual Fee waived with RM50K spending).
No.5 Maybank 2 Cards Premier (Annual Fee waived with RM80K spending).
No.8 Maybank Visa Signature (Annual Fee waived with RM50K spending).
No.9 RHB World MasterCard (FREE FOR LIFE no conditions whatsoever).
No.9 RHB Visa Signature (FREE FOR LIFE no conditions whatsoever).
No.9 RHB Visa Infinite (FREE FOR LIFE no conditions whatsoever).
No.12 AEON Gold Visa/MasterCard (Annual Fee waived with 12 swipes).
No.12 Public Bank Visa Signature (Annual Fee waived with 12 swipes).
No.12. UOB Privilege Banking Visa Infinite (Annual Fee waived with minimum 1 Swipe per Month, total 12 swipes a year).

Please click here to my Airport Lounge Page to see the full list of credit cards that grant you FREE Access to Airport Lounge.

CONCLUSION

Once again, there is no such thing as the best credit card. For example, the No.1 Ranked Petrol Card, i.e. AffinBank BHPetrol Touch & Fuel MasterCard is useless to those of us who do not pump petrol at BHPetrol. And the AMEX Platinum Credit Card Ranked No.1 for being the best credit card for airport lounges will earn you less Enrich Miles every time you use it compared to the Maybank 2 Cards Premier AMEX Reserve.

If you ask me, I would advise you to apply for all the FREE FOR LIFE credit cards that grant you FREE access to any airport lounges without you needing to spend a single sen with the card or the annual fee is waived with just 12 swipes – CIMB Preferred Visa Infinite, RHB World MasterCard , RHB Visa Signature, RHB Visa Infinite (FREE FOR LIFE no conditions whatsoever), AEON Gold Visa/MasterCard, Public Bank Visa Signature (6% Cash Back for Dining, Internet & Groceries), UOB Privilege Banking Visa Infinite P (comes with the Priority Pass Membership Card) and Alliance Bank Privilege/Personal Banking Platinum Visa/MasterCard, hahaha.

The Best Top 10 Credit Cards Malaysia 2016 Episode IIIClick here to my Exclusive Credit Card Ultimate Showdown to determine The Best Top 10 Credit Cards in Malaysia 2016 – Episode III 

GenX 25 An Exclusive Best Credit Cards article by GenX

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