RinggitPlus Readers’ Choice Awards 2020: Affin Duo, Maybank, TNG eWallet Emerge As Big Winners

Best Cashback Credit Card In Malaysia: Affin Duo (39.2%)
- A clear winner with almost 40% of the votes cast, this award is richly deserved for this newcomer. Launched in the latter half of 2020, AffinBank has achieved what its contemporaries struggle to: offer a dual credit card combo that rivals the evergreen Maybank 2 Cards that have been around for almost a decade.
- Its ease of earning cashback (particularly for e-wallet reloads), high monthly cashback cap, and low barrier of entry (minimum monthly salary of just RM2,000/month) makes this a great card to own at a time when e-wallet usage and online transactions are peaking.

Best Petrol Cashback Credit Card In Malaysia: Maybank Visa Signature (25.3%)
- A tightly-contested category that ended with Maybank’s Visa Signature marginally pulling ahead of the AffinBank BHPetrol Touch & Fuel Mastercard and Citi Cash Back Card. The less popular Visa Signature from Maybank (many would be more familiar with the FC Barcelona Visa Signature), it is one of the most rewarding cashback cards for petrol and groceries if you spend a lot on these two categories.
- Offering 5% cashback every day with no minimum spend and a highly generous RM88 monthly cashback cap, you’d need to spend RM1,760 to hit the RM88 cashback cap – making it a solid cashback credit card for families. Just be wary of the RM550 annual fee – it’ll be waived only upon reaching an annual spend of RM30,000.

Best Groceries Cashback Credit Card In Malaysia: Maybank Visa Signature (25.2%)
- As mentioned earlier, the Maybank Visa Signature’s generous cashback for fuel and groceries makes it a great option. Other cards, like the second-placed Citi Cash Back Card, may offer a higher effective cashback rate, but we believe the two factors behind this card’s popularity with our readers are its zero minimum spend requirement, and a high cashback cap that goes well beyond what other cards offer.

Best Online Cashback Credit Card In Malaysia: Affin Duo (40.6%)
- Once again, the Affin Duo is a clear winner. As mentioned earlier, the ease of which Affin Duo cardholders can earn cashback makes this card highly attractive. You earn cashback for up to RM2,666.67 in monthly spending, which should easily cover your e-wallet reloads, online shopping, as well as any bills you may have set the Affin Duo Visa for auto-billing – all three categories earn cashback under this card.

Best Backup/Secondary Credit Card In Malaysia: Affin Visa Signature (66.1%)
- No bank sets out to design a credit card for “backup” usage, or a card to use when you’ve exhausted your main card’s benefits (for example, reaching the spending amount required to unlock the full monthly cashback).
- We’re big advocates of multi-card use to optimise your returns, and in many cases a “backup” card is useful. Our favourite previously was the Maybank FC Barcelona Visa Signature and its 2% cashback on almost all retail spending, capped at RM50 – but unfortunately it has now been revised to 1%, possibly a bit too low for most users.
- The Affin Visa Signature, with its “contactless” cashback feature, earns you 3% cashback on almost all transactions made via PayWave (i.e. contactless). It has a huge RM80 monthly cashback cap, but there’s a very important caveat: you only earn cashback if it is a “pure contactless” transaction below RM250 – if you input your PIN after tapping your card, you won’t receive cashback for that transaction.
- That said, 3% cashback on all low-value transactions is still very rewarding if you’ve exhausted your main cashback card’s benefits!

Best Air Miles Credit Card In Malaysia: HSBC Visa Signature (18.7%)
- The most tightly-contested category where the top 3 spots were separated only by 1.9% of votes, HSBC’s Visa Signature comes up tops here. As one of the most popular air miles credit cards in Malaysia, the HSBC VS lets you earn Rewards Points at up to 8x multipliers depending on where you use the card. The points can then be redeemed for air miles with the most popular frequent flyer programmes in the region: Asia Miles (Cathay Pacific), AirAsia BIG (AirAsia), Enrich (Malaysia Airlines), and KrisFlyer (Singapore Airlines).
- Cardholders also get 6x complimentary airport lounge access in KLIA, Changi (Singapore), and HKIA (Hong Kong) per year.

Best Credit Card Design In Malaysia: Alliance Bank Visa Infinite (30.1%)
- Late last year Alliance Bank surprised everyone with a complete revamp of its Visa Infinite and Visa Platinum credit cards. The modern minimalist look was chosen to appeal to the younger generation, and has clearly struck a chord – it’s a good thing their new card features are pretty impressive too!
- The Visa Infinite sports a sleek matte black design, which contrasts well with the gold magnetic strip and wording. The vertical card face is also strikingly modern and makes it easy to read the card number – which is useful considering this card offers 8x Timeless Bonus Points for online transactions and e-wallet reloads.

Best New Credit Card Of 2020: Affin Duo (38.5%)
- It’s no surprise that the Affin Duo is the runaway winner here as well. 2020 saw eight new credit cards launched and a number of refreshed/relaunched cards, but few generated the same level of excitement that the Affin Duo managed to achieve.
- This year’s Awards alone has seen Affin Duo win three categories, which speaks volumes of the card’s features.

Article link: https://ringgitplus.com/en/blog/ringgitplus...ig-winners.html