Cash Back Credit Card-i

What makes this card Islamic

RHB Islamic Bank builds this card on a Tawarruq contract. The bank sells you a commodity on credit at a marked-up price, you sell that commodity to somebody else for cash, and the cash becomes your spending limit.

PDS effective 18 December 2025 (ver 1.0) names Commodity Murabahah ("CM") via Tawarruq arrangement as the core contract, supported by Wakalah (customer appoints RHBIB as agent for the commodity trades), Ta'widh (late-payment compensation), Ibra' (rebate, including the rebate of the gap between the ceiling profit rate and the effective profit rate), Wa'ad (unilateral undertaking to purchase), Muqassah (set-off of the previous card balance on renewal) and Qard (any over-utilised amount above the approved credit limit is treated as an interest-free loan). MIGRATION: the immediately preceding PDS (effective 13 March 2025, ref FSHDE 018/2017_v17.0, captured by the Wayback Machine on 2025-09-02) named the Shariah concepts as Ujrah + Qard, not Tawarruq. RHB Islamic therefore migrated Ujrah+Qard -> Commodity Murabahah via Tawarruq with effect from 18 December 2025. No primary-source evidence was found that RHB Islamic ever used Bai' al-Inah for this card; the structure it replaced was Ujrah.

Approved by RHB Islamic Bank Shariah Committee, under the supervision of Bank Negara Malaysia.

What it costs

Every figure below comes from RHB Islamic Bank’s own published documents. Where the bank does not publish a number we say so rather than estimate it.

Annual fee

RM 70Waived subject to minimum RM10,000 spend per yearsource

Supplementary card

RM 0Annual fees waived

Profit rate

1.25% a month on the outstanding balance15% a year as stated by the banksource

Cash withdrawal

5% of the transaction amount or a minimum of RM15.00, whichever is higher; plus a fixed 18% p.a. profit on the cash advance calculated daily. Subject to 8% Service Tax.

Late payment

RM 101% of the outstanding balance on the Card Account or RM10.00, whichever is higher, capped at RM100.00

Foreign currency spend

1% on top of the exchange rate

Replacement card

RM 50

What you get back

• Tier 1 (total monthly retail spend RM1.00-999.99): 0.2% on petrol, dining, utilities, grocery, online dining/grocery and other spend
• Tier 2 (RM1,000.00-1,999.99): 1% on petrol, dining, utilities, grocery and online dining/grocery; 0.2% on other spend
• Tier 3 (RM2,000.00-2,499.99): 2% on petrol, dining, utilities, grocery and online dining/grocery; 0.2% on other spend
• Tier 4 (RM2,500 and above): 5% on petrol, dining, utilities and grocery; 10% on online dining/grocery; 0.2% on other spend

Other benefits

• Smart Instalment at 0% profit for up to 36 months
• Smart Pay recurring bill payment; Smart Move balance transfer; CashXcess cash withdrawal over up to 36 months

Before you apply

• Card Service Tax of RM25.00 per year is PASSED ON to the cardholder for every principal AND every supplementary card, charged on activation and on each 12-month renewal.
• The headline 15% p.a. profit rate is the best of three tiers. Miss more than two minimum payments in a rolling 12 months and you fall to 17% p.a.; worse conduct puts you on 18% p.a.
• The contractual ceiling profit rate is 28% p.a. The lower effective rate is delivered by ibra' (rebate), which is the bank waiving part of its contractual right - it is not a contractual cap.
• Fees and charges marked ** in the PDS are subject to 8% Service Tax under the Service Tax Act 2018.
• Cash advances carry a fixed 18% p.a. profit from the disbursement date with no profit-free period, on top of the 5%/min RM15 cash advance fee.
• The 5% and 10% headline rates only start at RM2,500 total monthly retail spend; below RM1,000 everything earns 0.2%.
• Each boosted category is capped at RM10 cashback a month, so the realistic ceiling is about RM50 a month across the five categories.
• RM70 annual fee from year two unless you spend at least RM10,000 in the year.

Can you get it?

Age

21 and over

Other conditions

Bank states the income floor ANNUALLY: "Minimum 21 years old with a minimum income of RM24,000 per annum" - Bank Negara Malaysia's floor for credit card eligibility. No monthly figure is published, so min_monthly_income is left null rather than derived.

Where these figures come from

Last checked against RHB Islamic Bank’s published documents on 2026-08-17. Banks change fees without notice, so treat the bank’s own document as the final word, not this page.

• “The Shariah concept applicable for this product are: Commodity Murabahah ("CM") via Tawarruq arrangement | A Tawarruq consists of two sale and purchase contracts. The first involves the sale of an asset by a seller to a purchaser on a deferred basis. Subsequently, the purchaser of the first sale will sell the same asset to a third party at cost price and on spot basis. - RHB Islamic Bank Berhad Product Disclosure Sheet, RHB Credit Card-i, effective 18 December 2025, section 2”
• “The Bank shall grant ibra' by forgoing the Bank's right over the debt of the remaining deferred profit portion from the customer in early settlement cases or when there is a difference between the ceiling profit rate and effective profit rate charged. - RHB Islamic PDS, effective 18 December 2025, section 2”
• “PRE-MIGRATION (superseded): "Ujrah | Ujrah concept will entitle the Cardholder for certain services, benefits and privileges in consideration for a specified fee. Qard | The credit limit of the Credit Card-i is provided by the Bank to the Cardholder based on Shariah concept of Qard..." - RHB Islamic PDS, Effective date: 13 March 2025 (Wayback capture 2025-09-02)”
• “Ceiling Profit Rate | 28% - for the purpose of calculating the Selling Price (SP) - RHB Islamic PDS, effective 18 December 2025, section 5”
• “Effective Profit Rate (EPR) 1. On Purchases | Cardholders who promptly settle their minimum payment due for 12 consecutive months. 1.25% per month / 15% per annum; Cardholders who promptly settle their minimum payment due of at least 10 months or more in a 12-month cycle 1.42% / 17%; Cardholders who do not fall within the above categories 1.50% / 18%. - RHB Islamic PDS, effective 18 December 2025, section 5”
• “5% of the transaction amount or a minimum of RM15.00, whichever is higher, will be charged on all cash withdrawals. - RHB Islamic PDS, effective 18 December 2025, section 5 (Cash Advance Fee)”
• “If the cardholder fails to pay the Minimum Monthly Payment by the Payment Due Date, a late payment charge of 1% of the Card Account on the outstanding balance or RM10.00, whichever is higher, subject to a maximum of RM100.00 will be imposed and stated in the monthly statement. - RHB Islamic PDS, effective 18 December 2025, section 5”
• “In addition, you will also pay administration costs at 1% as shall be determined by us for the conversion of the transactions made in foreign currencies. - RHB Islamic PDS, effective 18 December 2025, section 5 (Overseas Transaction Conversion Fees)”
• “Card Replacement Fee | RM50.00 per card - RHB Islamic PDS, effective 18 December 2025, section 5”
• “Card Service Tax (CST) | RM25.00 per Principal & Supplementary card on a yearly basis. CST shall be imposed on the date of new card activation or renewal of the credit card on every twelve months after the date the card is issued or renewed. - RHB Islamic PDS, effective 18 December 2025, section 5”
• “Cash advance amount will be taken into consideration when calculating the Selling Price (SP) at a fixed rate of 18% per annum calculated on a daily basis from the date of disbursement until payment in full. - RHB Islamic PDS, effective 18 December 2025, section 5”
• “Minimum 21 years old with a minimum income of RM24,000 per annum - RHB Visa Cash Back Credit Card-i product page”
• “First year : No Annual Fees | Subsequent years : RM70 per annum. (will be waived subject to minimum RM10,000 spends per year) - RHB Visa Cash Back Credit Card-i product page”
• “Annual Fees | Credit Card-i Type: RHB Cash Back | Principal: 70.00 | Supplementary: Waived - RHB Islamic PDS, effective 18 December 2025, section 5”
• “Monthly Capping (RM) | RM10 | RM10 | RM10 | RM10 | RM10 | Unlimited - RHB Visa Cash Back Credit Card-i product page cashback table”

• Product page
• Schedule of charges
• Terms and conditions