Best Travel Credit Cards (2023)

Every traveller is unique.

Sometravel for business purposes, whileothers travel for leisure such asholidaying, visiting relatives or friends, backpacking and so on.

While travelling used to be a "privilege" for the rich, now everyone from all walks of lifecan fly and experience the world, thanks to the Internet for tips and tricks on affordable travel.

And here you are to find out more about how to save money and elevate your lifestyle with the best travel credit cards in Malaysia.

Loyalty Points: Rewards to Air Miles

It pays to be a loyal customer of any services you subscribed to because you can gain a lot of benefiAirlinesrlines, they continue to retain business with you via a frequent-flyer program (FFP).

FFP letsyou earn air miles every time you purchase flight tickets with the airlines and their partners.

These air miles can be used to pay for or offset the price ofservices within the airlines.

You can use air miles to redeem free flights, cabin upgrades and free access to the airport lounge.

Now, there is a credit card that can help you collect air miles faster than a loyalty card.

(Video) Best Travel Credit Cards of 2022

These credit cards let you spend on anything (not just flight tickets)and reward you with points, which can be converted into air miles.

Take Hong Leong AirAsia Gold Visa as an example.

This co-branded credit card between Hong Leong andAirAsia rewards you with BiG Points (AirAsia's air miles) for every retail spend you made locally, overseas and even on AirAsia'sservices.

Hong Leong AirAsia Gold Visa Rewards
BIG PointsSpend
RM1 = 1 pointfor AirAsia transactions
RM2 = 1 pointfor overseas transactions
RM5 = 1 pointfor local transactions

That's not all, this Hong Leongcredit card also rewards you with up to 25,000 BiG Points for continuously spending it in a year.

Plus, the minimum income for this credit card application is only RM2,000 per month, which is great for those who just started workinareand are funding for travel.

You can also check out other creditcards that offer travel perks with a minimum monthly income of RM5,000 and below such as:

  • New AEON Visa Gold
  • Singapore Airlines KrisFlyer American Express Gold
  • UOB PRVI Miles Card

Best Travel Credit Cards for All Income Bands

Best Travel Credit Cards in Malaysia 2022

Credit Card

Annual Fee

Interest Rate

Minimum Monthly Income

Travel Perks

Hong Leong AirAsia Gold Visa

Best Travel Credit Cards (1)

Free*15% p.a.RM2,000
  • Convert daily spending to air miles
  • RM1 = 1 BiG Points for AirAsia flight ticket purchase
  • Get 3,000 points as Welcome Bonus
  • Get 3,000 points as Quarterly Bonus
  • Flexi payment plan for up to 36 months
Singapore Airlines KrisFlyer American Express Gold

Best Travel Credit Cards (2)

Free*15% p.a.RM4,000
  • Convert daily spending to air miles
  • RM2 = 2 KrisFlyer Miles for Singapore Airlines online flight ticket purchase
  • Free 5x access to Plaza Premium Lounge
  • Free RM750,000 travel insurance
  • Express AutoPay for bill payments
UOB PRVI Miles Card

Best Travel Credit Cards (3)

Free*15% p.a.RM5,000
  • Convert daily spending to air miles
  • Earn 10 UNIRinggit Reward Points at Expedia
  • Redeem points to fly free with AirAsia, MAS, Singapore Airlines and Asia Miles' airline partners
  • 0% easy payment plans for 3 months
RHB World MasterCard Credit Card

Best Travel Credit Cards (4)

Free15% p.a.RM6,666
  • Up to 6% cashback (travel, dining, petrol) / month
  • Free 5x Plaza Premium Lounge accesses in Malaysia
  • 20% discount at all Plaza Premium Lounge worldwide (except Shanghai & Beijing)
  • Free RM600,000 travel insurance
  • Zero green fees
Standard Chartered WorldMiles World MasterCard

Best Travel Credit Cards (5)

Free*15% p.a.RM7,500
  • Convert daily spending to air miles
  • Redeem WorldMiles Points to get free flight tickets from MAS, AirAsia, Singapore Airlines & Cathay Pacific
  • Free UNLIMITED access to Plaza Premium Lounge in KLIA & KLIA 2
  • Free airport transfer
  • Awesome dining & shopping deals

Citi PremierMiles Mastercard

Best Travel Credit Cards (6)

Free*15% p.a.RM8,333
  • Convert daily spending to air miles
  • Redeem PremierMiles for free flights from >90 airline partners
  • Free access to Plaza Premium Lounge
  • Free rides home
Hong Leong Emirates HLB World Elite Card

RM2,50015% p.a.RM20,833
  • Convert daily spending to air miles
  • Earn 150,000 Skywards Miles (or use it to fly free with a BUSINESS CLASS flight to Europe)
  • Get 10,000 Skywards Miles as Anniversary Bonus
  • Get 10,000 Skywards Miles as Welcome Bonus
  • Free USD500,000 travel insurance
  • Free 4x Emirates KLIA Lounge access
  • Complimentary 2x green fee & buggy fee
  • Complimentary 1x LoungeKey access,limo service, and Wi-Fi

Travel Credit Cards Benefits and Features

  • Air miles bonus - anniversary bonus, welcome bonus
  • Free airport transfer - Grab, limousine services
  • Free airport lounge access - nationwide or worldwide
  • Gold privileges- discounted to free green feesto prestigiousgolf clubs nationwide or worldwide
  • Free travel insurance - coverage for personal accidents, flight delay, missing connecting flight, luggage delay, luggage loss
  • Travel and lifestyle coverage - personal services for restaurant reservations, ticket bookings, transportation arrangements, etc
  • Cashback and rewards for overseas spending - save more with cashback and earn points/air miles when you pay with your credit card

Best Credit Cards for Air Miles Redemption

Not all travel credit cards reward you withair miles for every swipe. Most credit cards have their own rewards programs that give out points for every Ringgit you charged to it.

Since travelling has become commonplace for all,banks haveexpanded their credit cardrewards redemption program to include air miles conversion.

(Video) Best Travel Credit Cards 2022

Best Travel Credit Cards (8)

Source: star2.com

All you have to do is spend with your rewards credit card to collect as many points as you want and then convert them to air miles once you reached the minimum conversion rate.

Below are some examples of credit card air milesconversion ratesfor Citibank, Maybank, HSBC and Standard Chartered.

It is worth noting that for Standard Chartered WorldMiles World MasterCard cardholders, you will be enrolled in a different rewards program that gives out WorldMileswith alower conversion rate.

Credit Card Air Miles Redemption in Malaysia
AirlineCitibank
Citi ThankYou Rewards
Maybank
TreatsPoints
HSBC
Rewards Programme
Standard Chartered
360° Rewards
AirAsia7,500 Points
=
500 BIG Points
7,000 TreatsPoints
=
1,000 BIG Points
12,000 Points
=
1,000 BIG Points
2 WorldMiles Points
=
1 AirMile
Asia Miles7,500 Points
=
500 Asia Miles
5,000 TreatsPoints
=
1,000 Asia Miles
25,000 Points
=
1,000 Asia Miles
-
MAS-
5,000 TreatsPoints
=
1,000 Enrich Points
18,000 Points
=
1,000 Enrich Points
2 WorldMiles Points
=
1 AirMile
Singapore Airlines7,500 Points
=
500 KrisFlyer Miles
5,000 TreatsPoints
=
1,000 KrisFlyer Miles
25,000 Points
=
1,000 Enrich Miles
2 WorldMiles Points
=
1 AirMile

Still unsure of which travel credit card to get? We have compiled the best air milescredit cards in Malaysia for you tocompare and apply.

Best Credit Cards for FreeAirport Lounge Access

Best Travel Credit Cards (9)

One of the most sought-after privileges in travel credit cards is free access to the airport lounge.

(Video) Top 5 BEST Travel Credit Cards of 2022

This designated area is private and usually catered to the elite segment.

And now, it is nearly accessible for all travellers with the rightairportlounge access credit card.

Below is the summary of credit cards that offer you this benefit:

Best Credit Cards for Free Airport Lounge Access in Malaysia
Credit CardAirport Lounge Privileges
AEON BiG Visa Gold
  • 3x access to Plaza Premium Lounge (Malaysia)
  • 20% off Plaza Premium Lounge (Malaysia) for your guest
Bank Rakyat Platinum Explorer Credit Card-i3x access to Plaza Premium Lounge (Malaysia), per year
AmBank Visa Signature
  • 5x access to Plaza Premium Lounge
  • 25% off Plaza Premium Lounge (Malaysia)
  • 20% off Plaza Premium Lounge (international) for your guest
Maybank Visa Infinite
  • 5x access to Plaza Premium Lounge (worldwide)
  • 20% off for cardholders and guest
AEON Platinum Visa
  • 6x access to Plaza Premium Lounge
  • 20% off Plaza Premium Lounge (Malaysia) for your guest
HSBC Visa Signature
  • 6x access to Plaza Premium Lounge participating airport lounges
  • 25% off for supplementary cardholder
HSBC Premier Travel Credit Card

12x access to Plaza Premium Lounges worldwide

Standard Chartered WorldMiles World MasterCard
  • Unlimited access to Plaza Premium Lounge in KLIA and klia2
  • 20% off for your guest
AmBank Signature Priority Banking Visa InfiniteUnlimited access to Plaza Premium Lounge (worldwide)

Best Credit Card for Overseas Spending

There is a tonne of advantages when you use acredit card for shopping whentravelling overseas.

First, you will save your cash for emergency purposes only. Secondly, you can earn multipliedpoints and cashback per swipe.

For example, with Citi Rewards Mastercard andRHB Visa Infinite, you earn a 1x point for every RM1 spent in Malaysia. But when spending overseas,you'll earn5x points.

Below are top credit cards for overseas spending that give you higher reward points for every transaction.

Best Credit Card for Overseas Spending in Malaysia
Credit CardPoint Earned Overseas
HSBC Visa SignatureRM1 = 8 points
AmBank Islamic Visa Infinite Card-iRM1 - 5 points
Citi Rewards MastercardRM1 = 5 points
RHB Visa InfiniteRM1 = 5 points
Standard Chartered WorldMiles World MasterCardRM3 = 4.5 points

To avoid your purchase being declined or flagged as suspicious by the bank, make sure you have enabled your credit card for overseas purchases and increased your credit limit before your trip.

(Video) $18,900 in FREE FLIGHTS this year | How to Travel for Free with Credit Cards

Best Credit Cards with Travel Insurance Coverage

Travel inconveniences such as delayed or missed flights are annoying, as much as losing or waiting for your luggage hours after you have landed.

Those are common incidentsaffecting travellers, which is why some creditcards offer free travel insurance.

This benefit is effective onlywhen you chargedyour flight tickets to your travel credit card.

Even so, it is much more convenient and cheaper than having to purchase third-party travel insurance.

This is usually the case for those, like business people, who have limited time to plan for their journey.

Moreover, credit card travel insurance also provides personal accident cover and medical expenses that you can reimburse later.

Best Credit Card with Travel Insurance in Malaysia
Credit CardInsurance Coverage
Hong Leong Emirates HLB World Elite Card
  • Travel medical:USD500,000
  • Travel accident: USD500,000
  • Travel inconvenience: USD7,500
CIMB Enrich World MasterCard
  • Travel insurance: RM1 million
  • Flight delay: RM1,000
  • Missed flight: RM1,000
  • Luggage delay: RM1,000
  • Luggage loss: RM1,000
Maybank 2 Cards Premier
  • Travel accident: RM1 million
  • Luggage Loss: Up to RM5,000
  • Missed flight: Up to RM1,600
  • Luggage delay: Up to RM1,600
  • Delayed flight: Up to RM1,600
RHB World MasterCard Credit Card
  • Travel accident: RM600,000
  • Flight delay, cancellation/denied boarding: RM500
  • Missed flight: RM500
  • Luggage loss: RM1,000
Citi PremierMiles Mastercard
  • Travel accident: RM300,000
  • Delayed flight: Up to RM2,500
  • Missed flight: Up to RM2,500
  • Luggage loss: Up to RM12,000
  • Delayed luggage: Up to RM2,500

So, if your credit card offers this benefit, use your credit card for travel expenses like paying for your flights and hotels and you can be eligible for credit card travel insurance coverage.

FAQs

What bank has the best travel card? ›

The following travel credit cards received a 5-Star Rating in 2022:
  • ANZ Rewards Travel Adventures Card.
  • Bank First Visa Platinum Credit Card.
  • Bankwest Breeze Platinum Mastercard.
  • Bankwest More Platinum Mastercard.
  • Bankwest Qantas Platinum Mastercard.
  • Bankwest Qantas World Mastercard.
  • Bankwest Zero Platinum Mastercard.
7 Sept 2022

Is it worth getting travel card? ›

Quite simply, you can save a lot of money with a travel credit card. If it's your main card on holiday, then you can potentially save a fortune in fees. Specialist travel cards do not charge fees for foreign spending, unlike most everyday credit cards.

What is the best card to use internationally? ›

Best cards for international travel
  • Best overall: American Express® Gold Card.
  • Best for dining: Capital One Savor Cash Rewards Credit Card.
  • Best for hotels: Capital One VentureOne Rewards Credit Card.
  • Best for luxury travel: Chase Sapphire Reserve®
  • Best for bad credit: Discover it® Secured Credit Card.

Which is the best travel card for USA? ›

Best 5 Travel Money Cards for the USA in 2022:
  • Wise Multi Currency Card for best exchange rates.
  • Travelex Money Card - Best all rounder.
  • HSBC Global Everyday Debit Card for use in Australia too.
  • Bankwest Breeze Platinum Credit Card for lowest interest rate.
  • ING One Low Rate Credit Card with no annual fee.
8 Jan 2022

Is Amex Gold worth it? ›

The American Express Gold is an incredible option for earning travel rewards on dining and U.S. supermarket purchases, and it's ideal for foodies that can take advantage of the dining-related bonus perks. Although it has a $250 annual fee, cardholders can easily offset it with moderate spending and its annual credits.

Is it better to use travel card or debit card? ›

Potential to avoid currency conversion fees: If you use a credit or debit card while travelling, your institution may charge you currency conversion fees for each transaction. With a travel card, your funds will already be in the currency of the country in which you are travelling, so this may therefore be avoided.

Is it cheaper to withdraw cash abroad or exchange? ›

It is almost always cheaper to withdraw cash abroad at an ATM than to exchange it at a bureau de change at the airport or in tourist areas. If you want to buy foreign currency while still in your home country before your travels, then we recommend signing up for a Wise Multi-Currency Account.

How long does it take to get a travel money card? ›

Order online, via the app or in branch and load any of the 23 currencies on your Travel Money Card. You'll receive your card within 2-3 days.

Is it cheaper to use a credit card or debit card abroad? ›

Credit card transaction fees are typically higher than debit cards. Shops may charge a fee, and banks may charge a conversion fee for the payment.

How many credit cards should you have? ›

If your goal is to get or maintain a good credit score, two to three credit card accounts, in addition to other types of credit, are generally recommended. This combination may help you improve your credit mix. Lenders and creditors like to see a wide variety of credit types on your credit report.

What is the best way to spend money abroad? ›

If you want to stick to a budget without the security risk of cash, then a prepaid travel card may be the best option. These work in a similar way to debit cards in that they can be used to withdraw cash – Or you can hand them over at the till to pay for goods and services.

Is Visa or Mastercard better for international travel? ›

The truth is both types of cards are widely accepted abroad, and are therefore better choices for international travel than Amex or Discover. As noted above, Mastercard may offer a slightly better exchange rate than Visa, but if you don't travel frequently, it probably won't make a huge difference.

How do I avoid foreign transaction fees? ›

You can also avoid foreign transaction fees by making purchases online only with international merchants that work with American credit cards and accept US dollars. When shopping online, make sure that their business is based in the US or that they accept a range of payment options that include US currency.

Is amex good for international travel? ›

The American Express Gold Card is one of the best cards for international travel thanks to a host of valuable perks and generous earnings on vacation spending.

Is it best to use a credit card abroad? ›

The main advantage of using a debit or credit card overseas is that you won't pay foreign transaction fees every time you spend. While many also won't charge fees for cash withdrawals, you will still usually be charged interest from the date of the transaction if you use a credit card.

Is it better to exchange currency before you leave? ›

Get Cash at Your Bank Before Leaving the US

One of the best ways to minimize currency exchange fees is to visit your bank or credit union before you leave the U.S. to exchange dollars for the currency of your destination.

Will I get charged for using my credit card abroad? ›

You'll usually have to pay fees if you use your credit card abroad. Take a little time to check the fees which apply to your credit card account, just so you know what to expect. Also check your cards expiry dates before you travel.

What income do you need for Amex Gold? ›

American Express does not disclose a specific income requirement, but it will need to be enough to make payments on the card and to afford the $250 annual fee.

Is Amex Gold or Platinum better? ›

Amex Platinum ultimately offers more value, though. For example, its benefits include airport lounge access, while the Amex Gold Card's perks do not. When it comes to ongoing rewards on purchases, Amex Platinum has a higher maximum earning rate and better travel rewards. But Amex Gold provides more everyday value.

Is it hard to get Amex Platinum? ›

Most Amex Platinum cardholders have a credit score of 670 or better, and relatively high income. But your score alone does not fully decide whether or not you will be approved. If you have a strong credit score with a few years of credit history and a decent annual income, you stand a good chance of being approved.

Is it cheaper to use a credit card or debit card abroad? ›

Credit card transaction fees are typically higher than debit cards. Shops may charge a fee, and banks may charge a conversion fee for the payment.

Is it better to use local currency on credit card? ›

You should always opt to pay using the foreign currency when given the option between paying in your home currency or the foreign currency. The currency conversion rate that your card issuer will use is certainly going to be better than the conversion rate charged through dynamic currency conversion.

Which credit card can be used internationally? ›

Visa and Mastercard are widely accepted worldwide. If an establishment takes credit cards, it's a good bet that your Visa or Mastercard will work. American Express and Discover have an international presence, too, but they are accepted by fewer merchants.

What is the best way to spend money abroad? ›

If you want to stick to a budget without the security risk of cash, then a prepaid travel card may be the best option. These work in a similar way to debit cards in that they can be used to withdraw cash – Or you can hand them over at the till to pay for goods and services.

How do I avoid foreign transaction fees? ›

You can also avoid foreign transaction fees by making purchases online only with international merchants that work with American credit cards and accept US dollars. When shopping online, make sure that their business is based in the US or that they accept a range of payment options that include US currency.

Which bank does not charge foreign exchange fee? ›

Capital One's online bank stands apart from many banks because it doesn't charge a currency conversion fee or a fee for using a foreign ATM network. If an out-of-network ATM operator charges you a fee, however, it won't be reimbursed by Capital One 360.

How can I pay abroad without fees? ›

The best way to take money abroad

A prepaid card or app-only bank also allows you to spend money and withdraw cash without being charged interest or fees. In addition, a majority of app-only banks and prepaid cards allow you to freeze your card should it get lost or stolen whilst you are away.

Will I get charged for using my credit card abroad? ›

You'll usually have to pay fees if you use your credit card abroad. Take a little time to check the fees which apply to your credit card account, just so you know what to expect. Also check your cards expiry dates before you travel.

Is it cheaper to exchange money at home or abroad? ›

Although this depends on many factors, including which currencies you want to convert and which country you are travelling to, generally speaking exchanging your money AFTER you travel will provide you with a more favourable exchange rate. The rule is simple: the more common the currency is, the cheaper it will be.

Is it better to use cash or credit card in Europe? ›

key takeaways. European travelers should always have some cash on hand; getting it from an ATM abroad is usually the easiest, most advantageous way. Credit cards are generally accepted, especially in cities; but check with your card issuer about foreign transaction fees and currency exchange fees.

Is Visa or Mastercard better for international travel? ›

The truth is both types of cards are widely accepted abroad, and are therefore better choices for international travel than Amex or Discover. As noted above, Mastercard may offer a slightly better exchange rate than Visa, but if you don't travel frequently, it probably won't make a huge difference.

Is AMEX good for international travel? ›

The American Express Gold Card is one of the best cards for international travel thanks to a host of valuable perks and generous earnings on vacation spending.

Which bank is best for international transactions? ›

Here are NerdWallet's picks for best banks for international travel:
  • Charles Schwab Bank: Best for using ATMs.
  • Capital One 360: Best on foreign transaction fees.
  • HSBC Bank: Best for expats with high balances.
  • Citibank: Best for wiring money.
  • Revolut: Best for nonbank multicurrency account.
19 Aug 2022

What is the disadvantage of travel money card? ›

Cons of travel money cards: Lock in exchange rate – if rates decrease, you miss out. Some have fees, like purchase fees or ATM fees. No credit limit offered.

What is the best travel money card for Europe? ›

The 5 Best Travel Money Cards for Europe in 2022
  • Wise Multi Currency Card for best exchange rates.
  • Travelex Money Card - Best all rounder.
  • Bankwest Breeze Platinum Credit Card for lowest interest rate.
  • ING One Low Rate Credit Card with no annual fee.
  • Macquarie Transaction Debit Card for a card you can use in Australia too.
11 Jan 2022

Is it best to take cash abroad? ›

Using cash on holiday helps you stick to a budget, but it's a security risk and there's no Section 75 protection for purchases like with a credit card. It's a good idea to always have a small amount of cash on you for times when you can't use a card, though for safety avoid carrying large amounts of cash in public.

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