What is the best debit card in Malaysia? We compared top 8 most popular options

Using a debit card to spend in person and online - and to make cash withdrawals at home and abroad - is convenient, safe, and often comes with relatively low overall costs. Unlike a credit card, there’s also no risk of accidentally spending more than you intend to, and getting hit with interest or penalty fees.

If you’re choosing a debit card, you’ll want to look at the card coverage, features and fees, to make sure you’re getting the perfect match for your needs. This guide walks through our top Malaysian debit card picks, split out by features and categorised to show what’s great about them.

Table of contents
Side by side comparison: Best debit card in Malaysia Wise Card Maybank Visa Platinum Debit Card CIMB Debit Mastercard PB Visa Lifestyle Debit Card RHB Premier Multi Currency Visa Debit Card Hong Leong Debit Card HSBC Everyday Global VISA Debit Card BigPay Card

Side by side comparison: Best debit card in Malaysia

Wondering - what is the best debit card for me? One great place to start is to think about how you’ll use the card once you have it. This guide walks through some of the more popular debit cards in Malaysia, including cards from major banks and specialist providers so you can answer the most important question: what is the best debit card for your specific needs?

More details coming up - but first, an overview.

Card	Currencies covered	Fee to get a card	Maintenance fee	Foreign transaction fee	Virtual cards
Wise Card	Hold and exchange 40+ currencies	RM13.7	No fee	No fee to spend currencies you hold in the account Currency exchange from 0.71%	Available
Maybank Visa Platinum Debit card1	MYR	RM8	RM8/year	2% foreign transaction fee2	Not available
CIMB Debit Mastercard3	MYR	RM15	RM15/year	2% foreign transaction fee	Not available
PB Visa Lifestyle Debit Card5	MYR	RM8	RM8/year	1.25% markup on the Visa exchange rate	Not available
RHB Premier Multi Currency Card7	MYR + 33 major foreign currencies	RM20	RM20/year	No fee to spend currencies you hold in your account (exchange rate markup may apply to convert from MYR) 1% markup on other currencies or if your balance is not sufficient in the particular currency	Not available
Hong Leong Debit Card9	MYR	0 - RM12 depending on linked account	0 - RM8 depending on linked account	2%	Not available
HSBC Everyday Global Visa Card11	11 currencies	No fee	No fee	1%	Not available
BigPay Card13	MYR	RM20	No fee	Up to 1% + network charges	Available15

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If you're looking to withdraw cash from an ATM, whether it's in Malaysia or abroad, here are the fees associated with each Malaysia debit card:

Card	Domestic withdrawals	International withdrawals
Wise Card	No fee for 2 withdrawals up to 1,000 MYR MYR/month RM5 + 1.75% after that	No fee for 2 withdrawals up to 1,000 MYR MYR/month RM5 + 1.75% after that
Maybank Visa Platinum Debit card1	Maybank withdrawals are free RM1 for out of network withdrawals	RM12
CIMB Debit Mastercard3	CIMB withdrawals are free RM1 for out of network withdrawals	Up to RM10
PB Visa Lifestyle Debit Card5	PB withdrawals are free RM1 for domestic out of network withdrawals	Up to RM10
RHB Premier Multi Currency Card7	RHB withdrawals are free RM1 for domestic withdrawals	RM12
Hong Leong Debit Card9	HLB withdrawals are free RM1 for domestic out of network withdrawals	RM12
HSBC Everyday Global Visa Card11	RM1 for domestic out of network withdrawals	Up to RM10
BigPay Card13	RM6 for domestic out of network withdrawals	RM10

*Details correct at time of research - 11 January 2026

Please see Terms of Use for your region or visit Wise Fees & Pricing: Only Pay for What You Use for the most up-to-date pricing and fee information.

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Wise Card - best debit card for overseas travel

If you shop online with international retailers, or travel often, the Wise Account and card could be a great fit for you. The Wise card lets you spend in 40+ currencies at the mid-market rate including CNY, JPY, GBP, and SGD so you know you'll be getting a great deal in over 150+ countries. Simply create a free Wise account, order a card and top-up MYR to get started.

Virtual cards are free and can be added to your Google or Apple Pay wallet, while a physical Wise card can be ordered for a low fee of 13.7 MYR. Having a physical Wise card allows you to make chip and pin payments, as well as two free ATM withdrawals to the value of 1,000 MYR each month, before low fees start.

While abroad, you can choose to spend with directly in MYR and let auto-conversion do the trick, or convert to your desired currency with your Wise account. Either way, you’ll get the exchange rate you see on Google, with low, transparent fees from 0.77%.

With Wise you can:

• Hold currencies and convert between them at the mid-market rate
• Get up to local account details, including USD, GBP, and EUR
• Order a Wise debit card which you can use with our Smart Conversion technology
• Set up Auto Conversions based on your desired rate in the Wise app or use our Wise Rate Tracker to request exchange rate notifications directly to your email
• Get Wise Virtual Cards for secure online transactions
• Get instant notifications of all your purchases via the Wise app so you can track your expenses. If you lose your card, you can easily cancel it in the app to keep your money safe

Open your Wise account

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Maybank Visa Platinum Debit Card - best debit card in Malaysia for free domestic ATM withdrawals

Maybank has a comprehensive range of accounts and cards - as well as other financial products such as loans and credit. As Maybank is the largest bank in Malaysia, you’ll usually find it easy enough to locate a Maybank ATM - and local in-network withdrawals with the Maybank Visa Platinum Debit Card are fee free. Use your card internationally and you’ll pay a 2% foreign transaction fee which is made up of a 1% fee paid to the network and a 1% foreign conversion charge.

Order your Maybank Visa card by visiting a Maybank branch near you, and applying for a new account, or to add a card to your existing Maybank account. It’s worth noting that the account product you select may come with its own fees or minimum balances - so do check out the details thoroughly.

• Visa card, accepted wherever you see the Visa logo
• 4 free in-network ATM withdrawals locally, and a low RM1 fee for domestic out of network withdrawals, too
• 2% total fee added on international spend

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CIMB Debit Mastercard - best debit card for young customers, aged 12+

CIMB has both a standard debit Mastercard, and its Preferred card and account. The standard card comes with RM15 issuance and annual fees - and is available to customers aged 12+ with relatively few restrictions. The Preferred account is the CIMB high wealth option, and has quite restrictive eligibility rules.

The CIMB debit card has a 1% cross-border fee, plus a further 1% administration fee, which is applied on all overseas spending. This pushes up the costs when you travel, or when you spend online with foreign retailers.

• Mastercard network, accepted worldwide
• Standard cards available for customers aged 12+, with few restrictions - or trade up to a Preferred card if you’d prefer
• 2% foreign transaction fees apply

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PB Mastercard Lifestyle Debit Card - best debit card in Malaysia for lifestyle promotions

The PB Visa Lifestyle Debit Card offers a range of evolving and changing lifestyle related promotions. There’s a RM8 joining fee for this card, along with an annual fee of RM8 to keep the card active. In return you’ll be able to spend locally and internationally, and make in-network ATM withdrawals free here in Malaysia.

• Mastercard card, accepted by merchants worldwide
• Free in-network MYR withdrawals, with a low RM1 fee for out of network domestic withdrawals
• Foreign spending has a 1.25% currency conversion fee, on top of the network exchange rate

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RHB Premier Multi Currency Visa Debit Card - best multi-currency debit card from a traditional bank

If you want a multi-currency account from a bank, the RHB multi-currency account and card is worth a look. You can hold and exchange 33+ currencies, with the RHB exchange rate, and then spend any currency you hold with no transaction fee to pay. There’s a 1% fee if you don’t have the right currency - or enough of the currency - in your account.

This account is also interest earning with rates set by currency. If you spend RM3,000 a year on the card you may find the annual fee is waived. Learn more about the RHB Multi Currency Card and account here.

• Visa card, linked to a multi-currency account to transact in 30+ currencies in total
• No fee to spend currencies you hold in your account, 1% foreign transaction fee for other currencies or if you have an insufficient balance
• Annual fee waived if you meet minimum spending requirements

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Hong Leong Debit Card - best debit card in Malaysia for linking to a basic account

HLB has a debit card which can be offered alongside a range of different accounts, from basic checking accounts, to standard and multi-currency account products. We’ve picked this out as a solid option if you want a card to be linked to a basic checking or saving account, as there’s no issuance or annual fee to pay with basic cards. You’ll still face a range of transaction fees - but this can bring down the overall costs of using the card, nonetheless.

• Visa card, available for worldwide spending once you opt in to international services
• No issuance or annual fee if you link to a basic account product
• 2% international transaction fee

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HSBC Everyday Global VISA Debit Card - best debit card for multi-currency access including options for high wealth customers

You can open one of 3 different HSBC Everyday Global accounts, from the standard option which has no minimum balance requirement, to the Premier Account which requires you to hold RM300,000 or more in HSBC accounts. The higher tier account options also come with extra perks - but even the standard account lets you hold 11 currencies for easy global spending.

• Visa debit card, with linked account for 11 currencies
• Choose a standard account or if you’re willing to tie up funds in other HSBC accounts and investments, you may want to unlock a higher tier option
• 1% foreign transaction fee applies, plus any relevant Visa charges

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BigPay Card - best debit card for AirAsia rewards and promotions

BigPay offers ewallet services and cards in Malaysia and Singapore. As well as using your card for spending and withdrawals, you may also be able to access budgeting and analytics tools to manage your money, send international transfers to select markets, and even apply for a personal loan.

BigPay cards can’t go overdrawn - you can only spend the money you add to your account. This makes is a good option for MYR spending if you’re trying to manage your budget and can’t risk running into extra fees.

• Visa or Mastercard, both of which are globally accepted
• Earn rewards as your spend, including AirAsia points to use on flights
• Up to 1% foreign transaction fee, plus ATM charges of RM10 for international use
• Virtual cards available

Read the full BigPay card review here.

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Conclusion

The best debit card for you will depend a lot on your personal preferences and the types of transactions you make. Use this guide to the best debit cards for Malaysia as a starting point to weigh up a few of our top picks - and invest some time in what really matters to you while you choose your card.

You might like a card from a major Malaysian bank so you can access a broad range of products and services all from the same place. Or perhaps the Wise card is a great choice for you, if you travel internationally often, or like to spend online with foreign retailers. Wise can help keep costs low when you transact internationally, with no foreign transaction fees and the mid-market rate on currency conversion.

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Sources:

1. Maybank Visa Platinum Debit Card
2. Maybank Visa card - terms and conditions
3. CIMB Debit Mastercard
4. CIMB fees
5. PB Mastercard Lifestyle Debit Card
6. PB card fees
7. RHB Premier Multi Currency Visa Card
8. RHB Card - terms and conditions
9. HLB Debit Card
10. HLB fees
11. HSBC Everyday Global card
12. HSBC Everyday Global fees
13. BigPay
14. BigPay fees
15. BigPay - virtual cards

Learn more about Wise card benefits in Malaysia