Malaysia · 13 cards
Every Shariah-compliant card Bank Rakyat currently offers, with the contract behind each one and the fee schedule it came from.
A fully Islamic bank — every product it offers is Shariah-compliant.
Bank Rakyat describes itself as 'the biggest Islamic cooperative bank in Malaysia with assets totaling RM117.33 billion as at the end of December 2022'. It is a CO-OPERATIVE BANK, not a licensed Islamic bank under the Islamic Financial Services Act 2013 - a distinction that matters for a consumer, because the Credit Card-i PDS points complaints to the bank's own contact centre rather than to BNMLINK. Every card in the range runs on ONE Shariah structure: Murabahah adopting the Tawarruq practice, initiated by a customer Wa'd, with the commodity sale proceeds credited to a dedicated spending account. No bai' al-inah appears anywhere in the 1 June 2026 PDS or on any product page checked - so the migration away from bai' al-inah, if it happened, predates the current documents and no dated migration notice was found on the site. All 13 cards are Mastercard. Pricing is a three-tier payment-history structure (13.5%/17%/18% p.a. for non-members, 13.0%/15.5%/17.0% for Bank Rakyat share members) with no separately disclosed contractual ceiling rate and no ibra' schedule - which is structurally different from BSN's 18% aqad ceiling plus rebate. Common to the range: zero foreign-transaction mark-up, no over-limit fee, free Group Family Takaful with RM1,000 khairat kematian, and transactions declined at non-halal merchants. The RM25/year government service tax is charged to the cardholder on the principal card and on each supplementary card. Product pages exist for 11 of the 13 card types; Jit Sin Alumni has no public page, and Platinum PDRM and Gold PDRM share one page.
Bank Kerjasama Rakyat Malaysia Berhad (Bank Rakyat)
Cikgu Sejati Credit Card-i
5% cashback at petrol stations, stationery shops, bookstores and hotels
Full breakdown
Bank Kerjasama Rakyat Malaysia Berhad (Bank Rakyat)
Gold Credit Card-i
1 Rakyat Rewards point per RM10 spent with the annual fee waived outright
Full breakdown
Bank Kerjasama Rakyat Malaysia Berhad (Bank Rakyat)
Gold PDRM Credit Card-i
1 Rakyat Rewards point per RM10 plus a discounted 1.5% cash withdrawal fee
Full breakdown
Bank Kerjasama Rakyat Malaysia Berhad (Bank Rakyat)
Jit Sin Alumni Credit Card-i
Full breakdown
Bank Kerjasama Rakyat Malaysia Berhad (Bank Rakyat)
Muslimah Credit Card-i
5% cashback on dining and utilities, with more categories unlocked as income rises
Full breakdown
Bank Kerjasama Rakyat Malaysia Berhad (Bank Rakyat)
MyF1RST Credit Card-i
5x Rakyat Rewards points on online purchases
Full breakdown
Bank Kerjasama Rakyat Malaysia Berhad (Bank Rakyat)
PAUTM Credit Card-i
10x points on Shariah-compliant overseas spend and 5x on groceries, car servicing and EV charging
Full breakdown
Bank Kerjasama Rakyat Malaysia Berhad (Bank Rakyat)
PDRM Platinum Credit Card-i
1 Rakyat Rewards point per RM10 plus a discounted 1.5% cash withdrawal fee
Full breakdown
Bank Kerjasama Rakyat Malaysia Berhad (Bank Rakyat)
Perodua Credit Card-i
5x Rakyat Rewards points on fuel, vehicle maintenance, motor takaful and EV charging
Full breakdown
Bank Kerjasama Rakyat Malaysia Berhad (Bank Rakyat)
Platinum Credit Card-i
1 Rakyat Rewards point per RM10 spent, plus a profit rebate rising to 3% by year 3
Full breakdown
Bank Kerjasama Rakyat Malaysia Berhad (Bank Rakyat)
Platinum Explorer Credit Card-i
5% cash back on all airline and hotel bookings plus Rakyat Rewards points
Full breakdown
Bank Kerjasama Rakyat Malaysia Berhad (Bank Rakyat)
World Mastercard Credit Card-i
10x Rakyat Rewards points on overseas spend plus a 5% rebate on travel and dining capped at RM1,500 a year
Full breakdown
Bank Kerjasama Rakyat Malaysia Berhad (Bank Rakyat)
Xclusive Explorer Credit Card-i
5% cash back on airline and hotel bookings, capped at RM1,000 a year
Full breakdown