Why are the credit cards mentioned previously the best in Malaysia for Petrol and/or groceries?
Reason No.1 – They are FREE where the annual fees are auto waived. Therefore you do not need to call Customer Service yearly to beg for the annual fee to be waived and worst feel like a fool when they reject your request!
- AFFINBANK BHPetrol “Touch & Fuel” Mastercard – annual fee waived with RM24K spending OR 12 swipes.
- Maybank Islamic Petronas Ikhwan – FREE FOR LIFE without any condition.
- Maybank Islamic Mastercard Ikhwan – FREE FOR LIFE without any condition.
- Maybank 2 Gold/Platinum Cards – FREE FOR LIFE without any condition.
- Maybank 2 Cards Premier – annual fee waived with RM80K spending.
Reason No.2 – All the cards mentioned above guarantee you cash back or Treats Points without any minimum spending.
Unlike some credit cards where you must spend RM500 (or whatever amount) in order to be eligible for 5% or 8% cash back, all the credit cards presented here guarantee that you earn cash back whenever you use them for Petrol and/or Groceries.
For example, if you use the Maybank Islamic Ikhwan MasterCard to pump just RM20 petrol for the entire month and nothing for groceries, you are still guaranteed to earn RM1 (5% cash back) credited straight into your credit card account.
Like I said, if you do spend close to RM1K per month with the Maybank 2 Cards Gold/Platinum on essential expenses such as UNIFI, Maxis Postpaid, DiGi Postpaid, Touch n Go, Astro and makan plus shopping, then you have nothing left for petrol and groceries!
In respect of the above, I recommend that you get the Maybank Islamic Petronas Ikhwan Visa Gold and Maybank Islamic Mastercard Ikhwan Gold IN ADDITION to the Maybank 2 Gold/Platinum Cards!
With you holding all 3 Maybank FREE FOR LIFE without any conditions credit cards mentioned above, you will then have more monthly quota for essential expenses to earn more cash back.
Maybank 2 Cards AMEX on weekends for Astro, TELCOs (Celcom, DiGi, Maxis, Telekom), TnG Card Top Up, UNIFI, Makan (including KFC and McD), Shopping (AEON, TESCO, Parkson, Robinson), Jewelers (Poh Kong & Tomei) and anywhere that accepts AMEX.
Maybank Islamic Mastercard Ikhwan on Friday and Saturday for Groceries where you can earn 5% cash back at any grocery outlet including Speed 99 and KK Mart. You also earn 5% cash back for Petrol AT ALL Petrol stations on Friday and Saturday. Somemore can win an Umrah or Holiday Trip for 2 🙂
Maybank Islamic Petronas Ikhwan Visa for weekends – if you need another credit card for petrol, this card earns 8% cash back at Petronas on weekends.
Oh yes, there is no difference between the Gold and Platinum for the 3 Maybank credit cards mentioned above as you get the exact same benefits.
HOWEVER, even if you hold the Maybank 2 Gold/Platinum Cards, you will still need to submit income documents when you apply for Maybank Islamic Credit Cards because Maybank and Maybank Islamic are different entities and you will get separate Credit Limit.
But if you have the Maybank Islamic Petronas Ikhwan Visa Gold you should be automatically be approved for the Maybank Islamic Mastercard Ikhwan Gold or vice-versa.
FYI, there are other credit cards that earn you cash back for Petrol such as AEON Big (not guaranteed but based on first come first serve), Maybank Visa Signature (but you need to spend RM30K per year for the annual fee to be waived) and Public Bank Petron Visa Gold (based on tiers).
If you need a credit card that earns you 5% cash back at the grocery store that you visit, where it does not accept AMEX, then get the Maybank Islamic Mastercard Ikhwan and earn 5% cash back on Friday and Saturdays for your groceries 🙂
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