Discover What Card Offers the Best Travel Benefits in Malaysia

With the RHB World MasterCard credit card, you may earn cash back on your purchases without any annual fees.

You may also be eligible for travel insurance, golf privileges, and admission to the RHB World MasterCard Plaza Premium lounge the next time you fly, depending on how you use your card. 

This guide explains the advantages and disadvantages of the World MasterCard so you can compare them and choose whether this is the best option for you.

What is a World MasterCard credit card?

You may earn cash back on domestic and international purchases with the RHB World MasterCard credit card. Depending on your spending category and monthly bill amount, cash-back earning opportunities can range from 0.2% to 6%. You should be aware that there is a cap on the total amount of cash back that you can receive. 

One major benefit of the RHB card is that it has no annual fee, so if you’re looking for a card to use occasionally, this can be a smart choice. Keep your card and utilize it as needed, but consider that some benefits are only accessible after you reach specific spending caps. For instance, you must spend at least 1,000 MYR each month using the card to receive cash back, and you must spend 3,500 MYR or more each month to reach a greater percentage of earning rates. 

These are the key characteristics and costs of the RHB World MasterCard credit card. 

• Accountability:  The primary cardholder be not less than 21 years old. And earn at least 80,000 Malaysian Ringgit every year.
• No yearly charge
• Interest rates range from 15% to 18%, dependent on payment patterns and card usage.
• Transaction charges for foreign currencies are subject to a 1% charge.
• Fee for cash advance transactions (ATM withdrawals) A 5% cash advance fee (with a minimum transaction value of 15 MYR) plus 18% interest 

Benefits of the RHB World MasterCard card

The following are the main advantages of the RHB World MasterCard: 

• Opportunities to earn cash back
• Access to the airport lounge
• Insurance for travel
• Golf privileges

You must use your card regularly to be eligible for a few of these benefits, so it’s crucial to review the card’s reward program terms. 

With varying earning potential for different spending categories based on monthly spending, the rate at which you can get cash back is also tricky. The available amount is likewise subject to caps:

Spending in foreign currencies entails paying a foreign transaction charge, which is a significant consideration. This implies that, despite receiving cashback on your purchases, you will ultimately pay more while travelling overseas because your bill will be increased by 1%. When you use your RHB World Mastercard credit card overseas, it’s helpful to consider this expense to see if the advantages outweigh any possible drawbacks. Compare it to a low-cost debit card, such as the Wise card, to determine which suits you the best. 

Coverage for RHB World Mastercard Travel Insurance

Additionally, RHB World Mastercard cardholders can purchase travel insurance that covers the following: 

• Travel mishaps that result in fatalities and injuries
• Flight cancellation or delay
• Lost or delayed luggage
• Lost connections

Exclusions and maximum claim amounts apply, and you should carefully read the policy’s related conditions. It’s also a good idea to consider that this is not a medical coverage policy, and if you get sick while you’re gone, you won’t get any money or helpful assistance. To protect yourself against any potential health issues, you will still need to purchase additional travel health insurance coverage.

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