RHB Banking Group (“RHB”) has announced a long-term strategic partnership with Shell Malaysia (“Shell”), offering new Credit Card propositions with flexibility and convenience following the strong contactless growth among Malaysian consumers.
The new RHB Shell Visa Credit Card /-I aims to address the current needs of cardholders by creating a more rewarding experience on their transactions in the form of consolidating rewards for fuel and non-fuel spending under a single credit card and return cashback for both online and offline transactions.
“We expect to further accelerate our credit card acquisition through this long-term partnership with well-known market leaders Shell and Visa, with a target of 100,000 new applications within the next 12 months,” said Khairussaleh Ramli, Group Managing Director of RHB.
The RHB Shell Visa Credit Card /-i is developed and designed to cater to the needs of the current-day consumer in the New Normal. With the low minimum monthly income requirement, cardholders are afforded extra savings of up to RM100 per month with 5 percent cash rebates for online transactions.
The credit cards offer RM50 for petrol transactions and RM50 for e-wallet top-ups, utility bill payments, groceries and other daily expenses. In addition, customers would also benefit from cash rebates of up to 12 percent on petrol transactions at all Shell stations nationwide.
“We will continue to work with our valued partners to create more products and services that cater to the needs of Malaysian consumers and help them achieve more benefits when they make digital payments,” Ng Kong Boon, Visa Country Manager for Malaysia said.
“This is Shell’s way to help our customers go the extra mile, bearing in mind the dynamic needs of Malaysians in these unprecedented times. With its low minimum monthly income requirement and cashback rewards for petrol refuels, groceries, utilities, e-wallet top-ups and online purchases, this card provides credit flexibility for our customers, which is crucial as we all
ride out the pandemic’s reverberating effects on our economy,” said Shairan Huzani Husain, Shell Malaysia Trading Sdn Bhd and
Shell Timur Sdn Bhd Managing Director.
As part of the launch promotion, new RHB Shell Visa Credit Card /-i holders will receive up to 30 percent cashback on petrol purchases until July 2021. They will also be eligible for an Annual Fee Waiver for the first year on top of receiving RM25 when they activate their cards with a minimum RM50 spend.
