10 List of Black Cards in Malaysia

A black card represents the ultimate symbol of financial prestige in Malaysia, distinguishing itself from standard Gold or Platinum credit cards. These cards are crafted with premium materials, often featuring metal construction and sophisticated designs that command immediate attention. When presented at payment counters, these cards instantly elevate the cardholder’s status, frequently drawing admiring glances from those who recognize their significance.

The exclusivity of black cards extends beyond their physical appearance. They are powerful financial tools integrating seamlessly with premium banking services, including dedicated relationship managers and priority banking access. These cards are precious for business owners and high-net-worth individuals who require sophisticated financial solutions that align with their lifestyle and business needs.

Which Banks In Malaysia Offer Black Cards?

In Malaysia, ten banks offer premium credit cards, often called “black cards,” to meet the needs of affluent clients. The banks that provide black cards include OCBC World MasterCard (targeted at business professionals), UOB Visa Infinite (focused on travel rewards), AmBank Visa Signature (known for travel perks), Citi Prestige MasterCard (offering premium lifestyle benefits), and Standard Chartered MasterCard WorldMiles (specializing in travel privileges and dining benefits).

1. OCBC World MasterCard

OCBC’s World MasterCard is designed for business professionals, requiring a minimum annual income of RM100,000. Benefits include RM2 million in complimentary travel insurance when flight tickets are purchased with the card, two complimentary airport lounge accesses at KLIA annually, and cashback rates of 1.2% on the first RM1,000 spent and 0.6% after that, with no cap.

The annual fee is waived for the first three years; after that, it’s RM388 for the primary card and RM188 for supplementary cards.

2. UOB Visa Infinite

The UOB Visa Infinite card targets frequent travellers and requires a minimum annual income of RM120,000. Cardholders earn 8x UNIRinggit points for overseas spending and 5x points for dining. Points can be converted to airline miles programs, including Enrich Miles, KrisFlyer Miles, and Asia Miles.

Additional perks include complimentary limousine service and double air miles redemption during the cardholder’s birthday month. This card is invitation-only and requires an introducer, adding to its exclusivity.

3. AmBank Visa Signature

AmBank Visa Signature card offers travel benefits, including RM1 million in travel insurance coverage and five complimentary airport lounge accesses, With a lower minimum annual income requirement of RM80,000. Cardholders earn 3x AmBonus Points for overseas transactions, which can be converted to air miles with over 50 airlines.

The card also provides up to a 50% discount for dining at Hilton hotels and includes a complimentary birthday cake. Online transactions earn 1x AmBonus Points regardless of location.

4. Citi Prestige MasterCard

The Citi Prestige MasterCard is a premium offering with a minimum annual income requirement of RM192,000. The card has an RM1,000 yearly fee but offers extensive benefits, including 12 complimentary airport lounge accesses, complimentary limousine airport transfers, and RM2 million in travel insurance coverage.

Cardholders receive one complimentary night at international hotels and resorts, access to the Citi Prestige Priority Line, and exclusive event invitations. The reward structure offers 1 Citi Reward Point for local spending and 2 points for overseas spending, with a bonus of 250,000 points for spending above RM240,000.

5. Affinbank World MasterCard

The Affinbank World MasterCard requires an annual income of RM80,000 and offers 3x AFFIN Rewards Points for overseas retail purchases and 1x AFFIN Rewards Point for local retail purchases. Cardholders can enjoy six complimentary accesses per year to participating Plaza Premium Lounges in Malaysia and selected countries, subject to a minimum spending criterion.

The card includes travel insurance coverage and allows the conversion of accumulated AFFIN Rewards Points to Enrich Points, AirAsia BIG Points, and Malindo Miles.

6. Standard Chartered WorldMiles MasterCard

The Standard Chartered WorldMiles MasterCard requires a minimum annual income of RM90,000. Benefits include dining discounts at over 200 restaurants through The Entertainer (MY) App, 4.5x WorldMiles for overseas spending, unlimited complimentary access to Plaza Premium Lounges in Malaysia, and RM80 cashback for airport transfers.

The card’s annual fee is RM600, which is waived for the first year. During weekdays, it offers 15% cashback at selected supermarkets.

7. Maybank 2 Cards Premier

Maybank offers a premium dual card solution combining the American Express Reserve and Maybank Visa Infinite. This package comes with an annual fee of RM800, waived for the first year when cardholders meet a minimum annual spending of RM80,000.

Benefits include TreatsPoints rewards for local and international spending, complimentary access to selected airport lounges, and various travel and lifestyle privileges. The dual card system ensures wide acceptance globally while maximizing reward potential.

8. HSBC Visa Infinite

HSBC’s Visa Infinite card has an annual fee of RM1,000, which may be waived based on specific spending criteria. Cardholders enjoy complimentary access to Plaza Premium Lounges, comprehensive travel insurance coverage, and a robust rewards point system for local and international spending.

The card also includes exclusive lifestyle privileges, making it a comprehensive premium banking product for discerning customers.

9. RHB Premier Visa Infinite

Designed for RHB Premier Banking customers, the RHB Premier Visa Infinite card offers an attractive rewards structure, including 8x Reward Points for overseas spending and 3x Reward Points for local hotels, duty-free shopping, dining, and online transactions.

The card includes unlimited access to selected Plaza Premium Lounges, subject to spending conditions. Cardholders also enjoy additional banking privileges and premium services as part of the Premier Banking package.

10. Public Bank Visa Infinite

Public Bank’s Visa Infinite card offers a comprehensive benefits package, including travel insurance coverage, airport lounge access, and a detailed rewards points system. The card is designed to cater to affluent customers with extensive lifestyle privileges and premium banking benefits.

The specific benefits and rewards structure is regularly updated to remain competitive in the premium card market.

What Is the Most Prestigious Credit Card in Malaysia?

Malaysia’s prestigious credit card is the CIMB Travel World Elite Credit Card. It distinguishes itself through extraordinary benefits like unlimited Plaza Premium Lounge access worldwide, comprehensive travel insurance up to USD 1,000,000, and a dedicated concierge service.

Cardholders enjoy exclusive privileges such as priority booking at Michelin-starred restaurants, preferential rates at luxury hotels, and special access to high-profile events throughout Southeast Asia.

What Is the Best Black Card in Malaysia?

The Maybank 2 Cards RESERVE™ has established itself as Malaysia’s premier black card, offering an unmatched suite of privileges. The card provides unlimited worldwide airport lounge access, a dedicated lifestyle concierge, and lucrative rewards with up to 5X TreatsPoints on luxury purchases.

Members also receive exclusive invitations to private events, priority access to prestigious golf courses across Asia, and personalized travel planning services that cater to the most discerning travellers.

What Is the Highest Credit Card Limit in Malaysia?

Credit limits in Malaysia follow a structured yet flexible system based on income levels and financial status. For those earning below RM36,000 annually, limits are capped at twice their monthly income per issuer.

However, individuals earning above RM36,000 can receive significantly higher limits, with some premium cardholders enjoying limits that exceed RM100,000. Banks consider factors such as credit history, assets under management, and overall relationship value when determining these premium limits.

Are there any unlimited credit cards available in Malaysia?

While unlimited credit cards don’t exist in Malaysia, several premium cards offer dynamic spending capabilities that adapt to cardholders’ needs. The HSBC Premier World Elite, Maybank 2 Cards RESERVE™, and CIMB Preferred Visa Infinite stand out for their flexible spending limits.

They are regularly reviewed and adjusted based on usage patterns, assets under management, and overall banking relationships. These cards often feature emergency limit increases and special arrangements for significant purchases.

What Are the Top 10 Most Prestigious Credit Cards in Malaysia?

Malaysia’s top 10 prestigious credit cards include the Maybank 2 Cards RESERVE™ with unlimited lounge access and a personal wealth manager. It is followed by the CIMB Travel World Elite, offering premium travel perks and luxury hotel benefits. The HSBC Premier World Elite provides global emergency assistance and unlimited airport transfers, while the Standard Chartered Ultimate card focuses on priority banking services and luxury hotel access.

The AmBank World Elite distinguishes itself with private jet booking services and yacht privileges. The UOB Reserve Card excels in lifestyle benefits with unlimited golf access and private dining experiences. The Citi Prestige offers unique features like fourth-night free hotel stays, while the RHB Premier Visa Infinite provides comprehensive lifestyle concierge services. Rounding out the list, the Public Bank and Alliance Bank Visa Infinite cards offer extensive VIP event access and premium lifestyle benefits, each catering to different aspects of luxury living and high-net-worth requirements.

What Are The Income Requirements for Black Card?

The income requirements for Malaysian black cards vary significantly among issuers, from RM80,000 annually for AmBank Visa Signature to RM192,000 for Citi Prestige. These requirements reflect the premium positioning of these cards and ensure that cardholders can comfortably manage the associated spending and benefits. Most banks require applicants to be at least 21 for primary cards.

Beyond just salary considerations, banks implement a comprehensive evaluation approach. They assess existing banking relationships, investment portfolios, and business ownership. Some institutions may also consider professional status or overseas assets. For example, UOB Visa Infinite requires not just a minimum income of RM120,000 but also needs an introducer for a successful application, highlighting the exclusivity of their program.

What Benefits Do Black Cards Offer?

Black cards in Malaysia come with extensive premium benefits tailored to affluent lifestyles. Travel benefits typically include complimentary airport lounge access (ranging from 2 to 12 times annually, depending on the card), comprehensive travel insurance coverage (up to RM2 million with some cards), and airport limousine services. For instance, OCBC provides two complimentary lounge visits annually, while Citi Prestige offers 12 trips.

The reward structure is equally impressive, with enhanced earning rates for overseas spending. UOB Visa Infinite offers 8x points for overseas spending, while Standard Chartered WorldMiles provides 4.5x miles for international transactions. Additional premium benefits include golf privileges, dining discounts at luxury hotels (up to 50% at Hilton properties for some cards), and exclusive events. Many cards also offer celebration benefits such as complimentary birthday cakes and special dining privileges during significant occasions.

How Can You Apply for a Black Card?

To obtain a black card, you must establish a strong banking relationship with your chosen financial institution. Most banks prefer to invite existing premium customers to apply rather than accept direct applications. Building substantial assets, maintaining high account balances, and demonstrating consistent income streams can significantly increase your chances of receiving an invitation to apply.

Key Considerations When Applying

When applying for a black card, evaluating the annual fees, ranging from being waived entirely to RM1,000 or more, is important. Some banks offer fee waivers based on spending criteria or banking relationships. For example, OCBC provides a 3-year fee waiver for first-time cardholders, while others may require minimum annual spending to waive the fees.

Applicants should also consider the credit score requirements and payment history implications. Banks typically require excellent credit standing and look at overall financial health. It’s important to note that while these cards offer prestigious benefits, they are responsible for proper financial management and timely payments to maintain their advantages and your credit standing.