Best Low-Interest Credit Cards in Malaysia (2025) – Full Comparison
Low-interest credit cards can help you save money on interest charges, making them a great option for those who carry a balance or need to manage repayments effectively. This guide compares the best low-interest credit cards in Malaysia for 2025, covering their interest rates, fees, benefits, and ideal use cases.
Top 5 Low-Interest Credit Cards in Malaysia (2025)
Credit Card | Interest Rate (p.a.) | Annual Fee | Key Benefits | Best For |
---|---|---|---|---|
Maybank 2 Gold Card | 8.88% (for good paymasters) | Free for life | 5% cashback on weekends, TreatPoints | Everyday spending, cashback lovers |
HSBC Visa Platinum | 9.88% | RM240 (waived with min spend) | 8% cashback on groceries, e-wallets | Groceries, e-wallet users |
CIMB Cash Rebate Platinum | 10.99% | Free for life | 10% cashback on dining, petrol | Foodies, drivers |
Public Bank Quantum Visa | 11.99% | Free for life | 5% cashback on online transactions | Online shoppers |
RHB Smart Credit Card | 12.00% | Free for life | 6% cashback on petrol, utilities | Fuel & bill payments |
Detailed Breakdown of the Best Low-Interest Credit Cards
1. Maybank 2 Gold Card
✅ Interest Rate: 8.88% p.a. (for prompt payers)
✅ Annual Fee: Free for life
✅ Key Features:
- 5% cashback on weekends (capped at RM50/month)
- Earn TreatsPoints for every RM1 spent
- Complimentary travel insurance
✅ Best For: Cashback lovers & frequent spenders
2. HSBC Visa Platinum
✅ Interest Rate: 9.88% p.a.
✅ Annual Fee: RM240 (waived with RM12,000 annual spending)
✅ Key Features:
- 8% cashback on groceries & e-wallet top-ups (capped at RM15/month)
- Exclusive dining & shopping discounts
- Contactless payment enabled
✅ Best For: Grocery shoppers & e-wallet users
3. CIMB Cash Rebate Platinum
✅ Interest Rate: 10.99% p.a.
✅ Annual Fee: Free for life
✅ Key Features:
- 10% cashback on dining & petrol (capped at RM60/month)
- Unlimited 0.2% cashback on all retail spending
- No annual fees forever
✅ Best For: Foodies & frequent drivers
4. Public Bank Quantum Visa
✅ Interest Rate: 11.99% p.a.
✅ Annual Fee: Free for life
✅ Key Features:
- 5% cashback on online transactions (capped at RM30/month)
- Complimentary travel insurance
- Great for digital shoppers & e-commerce platforms
✅ Best For: Online shoppers & digital buyers
5. RHB Smart Credit Card
✅ Interest Rate: 12.00% p.a.
✅ Annual Fee: Free for life
✅ Key Features:
- 6% cashback on petrol, utilities & groceries (capped at RM60/month)
- Additional cashback on mobile bills & transactions
- No annual fee
✅ Best For: People who spend a lot on petrol & bills
How to Choose the Best Low-Interest Credit Card?
1️⃣ Compare Interest Rates – If you carry a balance, choose a card with the lowest possible rate.
2️⃣ Check Annual Fees – Opt for a card with waived or free annual fees to save costs.
3️⃣ Look at Cashback & Rewards – If you spend regularly on certain categories, get a card with high cashback.
4️⃣ Review Eligibility Requirements – Ensure you meet the income and credit score requirements before applying.
Conclusion: Which Card is Right for You?
🔹 For Everyday Spending & Cashback → Maybank 2 Gold Card
🔹 For Groceries & E-Wallet Top-Ups → HSBC Visa Platinum
🔹 For Petrol & Dining → CIMB Cash Rebate Platinum
🔹 For Online Shopping → Public Bank Quantum Visa
🔹 For Utility & Petrol Payments → RHB Smart Credit Card
If you often carry a balance, Maybank 2 Gold Card is the best due to its 8.88% low-interest rate and lifetime no annual fee.