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Hong Leong Essential Card

Earn up to 1% cashback on all retail spending, and enjoy a low cash advance at an interest rate starting at 10.8% per annum! 

  • icon Min. Monthly Income
    Min. Monthly Income
    RM 2,000
  • icon Interest Rate
    Interest Rate
    15% p.a.
  • icon Annual Fee
    Annual Fee
    Free

Key Features

  • up to 1% cashback on insurance & other retail transactions.
Shopping
4.8/10
Petrol
5.33/10
Groceries
4.8/10
Dining
4.8/10

  • icon insurance-or-health Insurance or Health

    • 0.4% cashback on insurance transactions

  • icon groceries Groceries

    • 0.4% cashback on first RM7,000 spend (tier 1)
    • 1% cashback on subsequent spend (tier 2)

  • icon petrol Petrol

    • 0.4% cashback on first RM7,000 spend (tier 1)
    • 1% cashback on subsequent spend (tier 2)

  • icon dining Dining

    • 0.4% cashback on first RM7,000 spend (tier 1)
    • 1% cashback on subsequent spend (tier 2)

icon tag Other Features

  • Balance Transfer: Rates vary depending on chosen tenure/instalment period. Please refer to Balance Transfer Product Disclosure Sheet
  • Cashback Limit: Total monthly cashback capped at RM300

icon info Card Information

Annual Fee Free
Min. Monthly Income RM 2000
Min. age for principal holder 21
Fee for principal holder Free
Min. age for supplementary holder 18 years old
Fee for supplementary holder RM50
Late payment charge RM10 or 1% of the total outstanding balance as at statement date whichever is higher, subject to a maximum of RM100
Cash advance amount The maximum credit limit shall not exceed two (2) times of their monthly income. The maximum daily cash withdrawal limit is subject to the available Cash Limit of your card
Cash advance charge 5% of the amount advanced or a minimum of RM20 (whichever is higher) per withdrawal.
Cash advance interest charge 18% p.a. of the outstanding amount calculated on a daily basis from transaction date until full repayment date.

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Unlimited Cashback And Low Cash Advance Fee!

Spending with Hong Leong Essential Card gives you unlimited 1% cashback on every retail purchases. You will never have to fret over not having enough cash as this card provides you instant access to cash out from any Visa ATM with a fee of just 2% per withdrawal. With every cash advance transaction you make, you are entitled to a low rate of 10.8% p.a. Apart from that, Hong Leong Essential Card is accepted anywhere around the world.

Fees and Charges

There is no annual fee if you make at least 12 swipes a year or retail spending of RM8,000 per annum, otherwise, it is RM106. For supplementary card, a fee of RM42.40 will be incurred. There is no cashback limit. Goods and Services Tax (GST) is included in the annual fee. Other than that, by settling your payments promptly on time (this means settling the minimum payment, 5% of the outstanding balance or RM50 whichever is higher) you get to enjoy a low finance charge of 15% per annum.

Are You Eligible For The Hong Leong Essential Card

To apply for Hong Leong Essential Card, you need a minimum income of RM2,000 and to be at least 21 years old.

Looking for more options to choose from? Our credit card experts, also recommend you to check out other similar credit cards such as Hong Leong Gold Credit Card and AmBank True Visa Card, which may match your requirements.

If you prefer to broaden your credit card search, review more Hong Leong credit cards and start comparing today!

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