7 Best Public Bank Credit Cards for Rewards & Cashback in Malaysia (2026)

Public Bank Malaysia offers a wide range of credit cards, suited to all sorts of lifestyles. Cards like the PB World Mastercard and PB Visa Infinite Credit Card in particular are highly sought after for their VIP points and lifestyle perks.

A whole range of factors might influence which card is right for you – from your income to whether you want a card that helps you get abroad. As a result, browsing PB's credit card catalogue can feel a little overwhelming. This guide gives you everything you need to pick the right one.

We'll also introduce the Wise card, a handy travel companion to make seamless card payments when you're overseas.. By using your PB credit card in conjunction with Wise, you can make your money go as far as possible – whilst avoiding unexpected bills.

Public Bank Rewards Explained: VIP Points vs. Cashback

Public Bank Malaysia uses three systems for credit card rewards: VIP Points System, Cash MegaBonus System, and Specialised Points Systems. Each system has its own perks, and the one that works best for you will depend on what you're looking for.

The VIP points system and specialised points systems – which include Air Miles and Green Points – can be redeemed for a range of rewards, including categories such as¹:

• Air Miles
• Gift vouchers
• Gadgets and accessories
• Health, beauty and wellness

Generally, 31,000 points can be redeemed for a 50 MYR gift voucher, meaning that 620 points are worth around 1 MYR.

Alternatively, some cards offer cashback. The details of how much cashback you'll receive varies by card, with some offering more for specific categories of purchase.

Which Public Bank Card Earns the Best Rewards?

The “best” rewards card depends entirely on what you're looking for. There's a wide variety of cards on offer, each with different reward systems that may suit different people. On top of that, different cards reward different transaction types – some offer multipliers for categories like contactless payments – so the card that works best for you will also depend on your spending habits.

When choosing your card, you'll need to make sure you meet the minimum income requirements, shown below. All cards also require the principal cardholder to be at least 21 years old, and any supplementary cardholders to be at least 18.

PB also has required documents to apply for your credit card, to prove your income. These depend on your employment type, but if you are an employee you may need⁹:

• Latest month payslip
• Latest EA statement
• EPF statement
• Employment letter

These must be enclosed with your application. You'll also need to provide proof of identification, such as a passport or MyPR¹⁰.

PB Visa Infinite Credit Card Rewards

The PB Visa Infinite Credit Card is a premium card offering a variety of perks. As well as cashback – 1% for overseas purchases and 0.3% for domestic purchases – you can also use your card for airport lounge access and travel insurance.

PB Quantum Rewards (Visa and Mastercard)

PB offers two Quantum Rewards cards – one with Visa and one with Mastercard. Whilst both offer cashback and VIP rewards points, and have the same eligibility requirements, they differ in terms of when you receive cashback. You can get 1% cashback for contactless transactions with the Visa Card, whereas the Mastercard Card offers 2% cashback for foreign spending.

The perks offered by the Quantum Credit Cards are geared towards younger demographics:

• Cashback for contactless and online spending
• No annual fee
• A relatively low minimum earning requirement

Between these benefits, these cards are highly popular among young people – and could make a great entry credit card for some.

PB Petron Visa Gold Rewards

The Petron Visa Gold Credit Card offers cash rebate for petrol bought at Petron fuel stations, up to 5%, capped at 50 MYR monthly. The card uses a tiered system – the more you spend each month, the higher percentage cashback you'll receive. The tiers are as follows:

• 0.5% for less than 100 MYR
• 1% for 100-200 MYR
• 2% for 200-500 MYR
• 3% for 500-800 MYR
• 5% for over 800 MYR

As a result, the more you spend on fuel, the more this card is worth.

PB Platinum Mastercard Rewards

The PB Platinum Mastercard Credit Card is a reliable, mid-tier card that can support your everyday spending. Its simple reward structure – 1 VIP point for every 1 MYR spent – makes it easy to make the most of your card. As well as VIP points, you'll also receive complimentary travel insurance worth up to 500,000 MYR.

Public Bank Islamic Visa Platinum-i Rewards

PB offers Shariah-compliant alternative cards, of which the Platinum-i rewards card is arguably their flagship. The card includes donations to Yayasan Waqaf each month, as well as cashback and an annual fee waiver if you spend at least 12 times using the card each year.

The Hidden Cost of Chasing Public Bank Rewards Overseas

Some of the credit cards offered by PB have multipliers for overseas spending. That might sound like great value on paper, but the costs can quickly outweigh the benefits of those extra points. Understanding how you'll be charged for overseas credit card spending is vital to avoid unexpected bills when you return home.

When you spend abroad, banks typically charge an exchange rate markup, meaning they sell foreign currency (to you, the consumer) for more than they buy it. This is known as an exchange rate markup – and it means you receive a less favourable rate than the mid-market rate you'd find on Google.

With PB, you'll also be charged 1.25%, with the rate used by Visa or Mastercard – which is likely to include a markup of between 1% and 3%. This can add up rapidly, particularly if you are regularly spending abroad or spend a large amount. Wise, on the other hand, only uses the mid-market rate, instead charging a small upfront fee, so you always know what your conversion will cost.

Interested to see the mid-market rate in real time? Take a look below:

With your Wise account, you can make online payments in foreign currencies, or use your Wise card to spend whilst abroad – allowing you to make the most of your money whilst on holiday.

Not sure whether Wise will give you the better deal? Use a currency conversion calculator to see exactly how much foreign currency you'll receive for your MYR.

If you're heading somewhere abroad where you'll need cash, keep in mind that cash withdrawals are subject to immediate, higher interest rates, as well as cash advance fees. For PB credit cards, you'll be charged up to 5.10 MYR, plus 0.65% of the amount you take out, every time you withdraw cash, as well as 18% interest p.a. – so it's generally worth avoiding using your credit card at ATMs. With Wise, you can make 2 free ATM withdrawals of up to 1,000 MYR per month.

How to Maximise the Public Bank Credit Card Rewards Catalogue

The range of credit card rewards is one of the things that makes PB stand out among Malaysian banks. You can redeem your rewards points in one of two ways:

• Through the PB Product Catalogue page
• By filling in and sending the redemption form

You can browse the product catalogue online and add any products you'd like to your cart¹³. Then, simply check out by filling in your card details. If you'd rather go analogue, you can print out the redemption form – once it's been filled in with details of what you'd like to redeem, how many, and your card details, it can be faxed or mailed to PB¹⁴. Details of where to send the form can be found at the top.

To make the most of your credit card, focus on purchases that will earn you points multipliers or extra cashback. When choosing your card, aim for one where you already spend in these categories, so you earn extra on your everyday spending.

So, Are Public Bank Credit Card Rewards Worth It?

Public Bank credit cards can be a great choice – they let you earn points on your purchases, which can be redeemed for a wide range of perks. They offer especially good cards for local Malaysian dining, online shopping, and petrol.

By allowing you to redeem for air miles and travel-related perks, these cards can also be great if you're looking to travel. They can help bring down the cost of some of the major expenses involved in going abroad, such as hotels and flights.

However, to maximise value for money, use them for domestic purchases to earn points, or to book flights in MYR. Once you're actually abroad and making foreign currency purchases, use a specialist card like Wise, which tends to offer a lower-cost alternative to foreign currency conversion with banks like PB.

Wherever You Are, Spend Like a Local with Wise

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%.

💳 Get your Wise card today

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Sources:

1. PB Rewards - Product catalogue
2. PB credit cards - Petron Visa Gold Credit Card
3. PB credit cards - Quantum Credit Cards
4. PB credit cards - Visa Platinum Credit Card-i
5. PB credit cards - Platinum Mastercard Credit Card
6. PB credit cards - Visa Signature Credit Card
7. PB credit cards - Visa infinite Credit Card
8. PB credit cards - World Mastercard Credit Card
9. PB Help Centre - Documents Required
10. PB - Apply
11. PB - Rates and charges
12. PB - Rates and charges for debit and credit cards-i
13. PB rewards - Redemption check out
14. PB rewards - Redemption form