5% cashback is not as attractive as 10% UOB or 10% Citi cashback.

but citi 10% capped at rm15 per transacted category right?

We’re fairly certain that other banks will follow suit, but for now the question on everyone’s lips is simple: what other credit cards can we use to reload e-wallets and still earn cashback and rewards points? The list compiled below, divided into cashback and air miles cards, will help.

Most e-wallet reloads are classified as online transactions, which means credit cards that offer cashback for online transactions are shortlisted; though some banks may exclude cashback from some e-wallet reloads (such as Public Bank Quantum & Visa Signature for Boost, and UOB YOLO for Boost and BigPay). We also added other cards that offered cashback for all retail transactions, as well as rewards cards that offered air miles conversion.

Those cards were then narrowed to the 5 cards in this list.

Cashback Credit Cards

Public Bank Quantum Mastercard

Cashback: 5% on online and dining categories, capped at RM30 a month
Income requirements: RM36,000/year (RM3,000/month)
Annual fee: Free for life

One of the best cashback credit cards in this list, the Quantum Mastercard offers 5% cashback for online transactions with no minimum spend requirement. At a cap of RM30, you’ll earn cashback for up to RM600 in spending with this card.

Standard Chartered Liverpool FC Cashback Card
Cashback: Tiered, up to 5% capped at RM50 a month
Income requirements: RM36,000/year (RM3,000/month)
Annual fee: RM175

Besides the JustOne Platinum, StanChart’s rebranded cashback credit card is pretty good as well. You’ll need to spend at least RM1,500 to unlock the 5% rate, but the fact that cashback is awarded for all transactions except petrol and insurance means you’ll earn cashback for topping up any e-wallet in Malaysia.

Citibank Cash Back Card
Cashback: 10% on Grab, capped at RM10 a month
Income requirements: RM36,000/year (RM3,000/month)
Annual fee: RM120

Citibank’s revision for this card in January means it’s a decent card to earn RM40 in cashback every month with just RM100 in spending in each of the four categories: Petrol, Dining, Groceries, and Grab. Users have confirmed that topping up GrabPay wallet with this card earns 10% cashback – but be sure to spend at least RM500 on this card each month to unlock the 10% cashback. RM10 cashback may not sound like a lot, but given how reliant Malaysians have become to Grab’s suite of services, you’ll still be saving RM120 in a year.

Public Bank Visa Signature
Cashback: 6% on online, dining, and groceries, capped at RM38 a month
Income requirements: RM80,000/year (RM6,667/month)
Annual fee: RM388, waived with 12x transactions a year

It’s rare for a high-tier card to offer cashback these days, but the Public Bank Visa Signature is one of the better ones. Think of it as a higher-end Quantum Mastercard, with slightly higher cashback rates and monthly cap. With its RM38 cashback cap per month, you’ll earn cashback for up to RM633.34 spent with this card.

Ambank TRUE Visa Card
Cashback: 3% on online category, capped at RM30 a month
Income requirements: RM36,000/year (RM3,000)
Annual fee: Free for life

Previously overlooked for other cards with higher cashback rates, Ambank’s TRUE Visa credit card is now a solid choice for e-wallet top-ups. 3% cashback for online transactions may not seem like much compared to other cards in this list, but its zero minimum spend requirement makes it useful if you don’t spend a lot. At a cap of RM30, this card gives cashback for up to RM1,000 in spending.

obviously copied from RP writeup

Haha, maybe not full. Rp also stated aeon card, which give 2% online cb

RP doesn't write as extensive as information shared in lyn

hmm how about HSBC Mpower platinium ? it seems better .. 8% cash back


This post has been edited by mygarage88: Dec 24 2019, 11:00 PM

This one have minimum spending of rm2000 per month. I recently canceled this card.

Ocbc cashflo 0.5% unlimited cashback including ewallet

Currently use HLB reload only

How much cb, thinking of applying it too

all move in ewallet and spend lor .. then can get the 8% ? no ?

Haha I didn't know about this trick before I cancel the card
Now is too late..

so every month reload ewallet rm2000?

Provided you are able to spend all monthly. another option is cash out via Boost

Wondering how boost make such instant money, i bet many users opt to reload + cash out.

the processing fee of 2%, better than none.

But, up to a maximum of RM2 ONLY.

This post has been edited by AmyDazz: Feb 3 2020, 03:32 PM

After reading several threads, am I correct to understand that Public Bank Quantum and Visa Signature till can get cashback for reloading Boost E-wallet?

As for reloading Touch n Go E-wallet, no credit card will entitled for cash back?

TnG ewallet can get cashback from HSBC, but it is first-come-first-serve every 1st of the month and very difficult to get because the stupid server is too slow. Also, it is a campaign and not a card feature.