Another Credit Card Review by GenX @ http://www.GenXGenYGenZ.com

INTRODUCTION

It has been ages since I last did a detail review on any RHB Credit Cards. I have a FREE FOR LIFE RHB Platinum Visa Credit Card that is issued via RHB Premier Banking. For years I have been enjoying FREE access to Plaza Premium Lounges at KLIA, previous LCCT and KLIA2 with my RHB credit card.

First the good news, RHB Bank’s World MasterCard, Visa infinite and Visa Signature are all now FREE FOR LIFE without any conditions and come with FREE access to Plaza Premium Lounges.

The bad news is RHB Bank is still imposing Annual Fees for their Platinum Visa and MasterCard credit cards. Not only on the Principal Cards but Supplementary Cards too!??? And worst still, the 4X FREE access to Plaza Premium Lounges will come to an end effective 1st March 2016. You may be entitled to a discount when entering certain airport lounges with the Platinum credit cards.

In respect to the above 2 paragraphs, isn’t it a wonder that RHB gives FREE access to airport lounges with their FREE FOR LIFE Premier Credit Cards but on the other hand makes their RHB Platinum Credit Cards where one is imposed annual fee to pay for access to airport lounges???

If you had read my CC 101 – Introduction To Credit Cards 2016, I told you, the best credit cards are those that are FREE, hahaha.

Why do Premier Credit Cards offer better privileges? You think the banks are so stupid or generous to give out privileges for nothing? Well, you’ll be surprised that many people holding Premier Credit Cards with high credit limits such as World MasterCard and Visa Infinite are working for the banks for FREE, i.e. they are paying interest on their credit card outstanding balances! The banks make much more money from a single person who has an Outstanding Balance of RM100K compared to 30 people having credit limits of RM3K.

Without further ado, I shall now present to you my RHB Credit Card Review and I will start off with the World MasterCard.

RHB WORLD MASTERCARD REVIEW

First and foremost, the RHB World MasterCard is FREE FOR LIFE and to be eligible for it, your minimum annual income must be RM100K.

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