Are you thinking of apply for credit card online? If yes, then you must be wondering where to get started! Well, the best way to explore your credit options is to choose a reliable platform that has authentic information on credit cards. Alright! Today’s topic will cover the Top 4 Best Online Platform to Apply Credit Card Malaysia.
The category breakdowns, filters and expert recommendations will help you to choose the right credit card for you in the shortest possible time.
What are the 4 best online platform to apply for credit card in Malaysia?
Now, even if you decide to choose a platform to explore your credit card choices, it is hard to choose the right platform. That is why we picked out the 4 best platforms in Malaysia that can help you to choose the most suitable credit card.
Browse through your options to decide what kind of platform is best for you to choose the credit card of your desire in the most efficient and effective manner.
Loanstreet
Loanstreet is an all-round financial helpline for us average Malaysians. If you are considering taking up a credit card, but confused about where to start then Loanstreet is your best choice. They have been nominated in the recent Fintech Awards 2018 as being on the best financial service providers that can walk yours through your financial journey from start to finish.
You can log in to their website (https://loanstreet.com.my/) and look for credit cards that best suits your needs. In fact, their resources are neatly stacked in the following categories so that you can directly go for the credit cards that best suits your criteria:
- Cashback
- Islamic
- Petrol
- Rewards
- Travel
- No Annual Fee
- Premium
- Balance Transfer
- Promo
- Shopping
If you are not sure which category you should go for, you can look for their articles and blogs which help you to understand the importance of credit cards, how it can help you and how the different categories of credit cards in Malaysia can benefit you.
So, once you opt for your chosen criteria, you can see the interest rate, other relevant fees like balance transfer and annual fee so that at first glance you have an idea of the overall cost of your credit card.
Then you can further explore the cashback benefits, highlighted features and other privileges to choose the credit card that ticks all your checkbox.
Additionally, if you are apply for credit card for the very first time and the requirements for the credit card application is overwhelming you, Loanstreet’s teleguidance will help you to get your approval faster at your convenience for a smooth credit card application experience.
Have a look at their website here to experience it yourself: Loanstreet
RinggitPlus (Recommended)
RinggitPlus is the oldest comparison site in Malaysia run by Jirnexu Sdn Bhd. With its easy layout and abundant categories, this platform makes it easy for you to look at various credit cards without having to talk to anyone.
Often, when you start a new job or start a new family, the thought of credit card is at the bank of your mind, but you lack the information and capacity to yet apply for it. If that is the case, then RinggitPlus’ simple yet informative credit card information will help you to understand the concept of a credit card up close.
It has an abundant supply of articles to give you a pretty good idea of the pros and cons of credit cards and how it can exactly help you to be financially liberated.
And if you are seriously thinking of apply for credit card, their credit card page is broken down into the following multiple categories so that you can find the credit card that best meets your checklist.
- Your First Credit Card
- Lifestyle Guru
- VIP
- Shopper
- Holidaymaker
- Business Traveller
- Islamic Card-i
- Road Warrior (Petrol)
- Entrepreneur
- e-Commerce (online shopper)
- Emergency Only
- Money Manager (frequent credit card user)
Explore the credit card categories to find the one that best caters to your needs. Then RinggitPlus also highlights the characteristics of the credit cards by the following:
- Sign Up Offers
- No Annual Fee
- Cashback
- Rewards
- Petrol Travel
- Islamic
This helps you to have an idea of the costs involved in the credit cards, the rewards and rebates you will receive and the general purpose of each credit card. But if you like to scrutinize the credit cards in more details, you can compare them by the following aspects to narrow down your choice:
- Profit/Interest Rate
- Balance Transfer
- Cashback
- Annual Fee
This RinggitPlus platform (https://ringgitplus.com/) is the best if you want to choose your credit card on your own with available relevant and authentic information in a set organized manner. To check out its features in life, visit their website here: RinggitPlus.
iMoney
iMoney is yet another big player in the financial comparison market that can make your credit card hunting super easy. Headquartered in Kuala Lumpur, this platform is one of the largest comparison portals in Southeast Asia.
What we most love about this iMoney platform (https://www.imoney.my/) is its easy no-nonsense layout. The moment you open a review for a credit card, the first thing you will see is the highlighted features of the credit cards. It even rates the reward categories of the credit card from 1-10 so that you can immediately decide if this is the card you are looking for.
Scrolling further, you will find the features of the credit card in details in table format with a short review of their own in the end. This will give you an overall view of the credit card in less than 5 minutes.
However, as first-time credit card applicant, you may even not know what criteria or categories of credit card you should search. In such cases, iMoney’s Smart Search option is super useful. It offers you a short quiz to understand your needs. Based on your chosen answers, iMoney provides its personalized recommendation for you.
The platform offers you the following categories so that you can go right into the credit card that specializes in your chosen category:
- Shopping
- Travel
- Travel
- Petrol
- Rewards
- Dining
- Cashback
To further narrow down your choice, you can compare the credit card features by the following aspects:
- Interest Rate
- Balance Transfer
- Annual Fee
Need further help to make an informed decision before apply credit card Malaysia? You can call their customer line to learn about the credit cards terms and conditions in more detail so that it is easy for you to find the credit card that best covers your needs.
Have a look at their website here to experience it yourself: iMoney
CompareHero
Out of all the listed platforms above, CompareHero is best suited for those who are looking for credit cards that has the best travel benefits. This platform lists out the air mileage points and overseas spending rates in details so that you can pick the best credit card for your travel needs.
On top of that, if you apply for credit card from their platform (https://www.comparehero.my/), they have some sweet activation deals so that you can enjoy some additional benefits on your credit cards just by using their platform.
Other than that CompareHero breaks down the credit cards by the following categories so that you can go right into the credit card that suits your needs:
- Cashback
- Air Miles
- Rewards
- No Annual Fee
- Islamic
- Best Deals
The above criteria is a good way to start your credit card search as they can help you pinpoint the key elements you want to have in your credit card. To further narrow down your choice, you can compare your credit via the platform through the following criteria:
- Minimum Monthly Income
- Overseas Spending
- Local Spending
Overall, it is an excellent platform to browse for credit cards if you are looking for very specific features in your credit card. The robust information coupled with the filter and search option lets you straight on the credit card review specific to your needs. This cuts down your searching time and gets you right to the point to decide which credit card is best for you.
Have a look at their website here to experience it yourself: CompareHero
Things to Consider Before Apply Credit Card Malaysia
Applying for a credit card is a tedious task. So, you often chose to look for platforms that can best help you to search for the right credit card. So, you must wonder which platform is best for you to give you the most relevant and useful information to make an informed choice. To help you choose the best platform, assess them on the following criteria:
Layout
Check if the platform layout is simple and easy to understand. This will help you to browse through the information faster. Also, look for a platform that has digestible information in simple language so that you can understand what they are saying without having to google difficult words and jargons every 5 seconds.
Filter and Search Option
Make sure the platform has enough filter and search option to let you choose the category and criteria of credit cards Malaysia that best suits your requirements. This will help you to go right to the heart of the information without wasting too much time reading the content you don’t need.
Personalized Information
Some platforms list out all the hard facts about credit cards whereas others also add personal recommendation or opinion on the credit card reviews. If you already own a credit card and looking for another one for a specific purpose, the hard fact listing platforms may be enough for you to make your choice.
However, if you are a new credit card applicant and wants to know the opinion of an authentic platform or financial expert then you may choose to go for the platform that has the more personalized touch to recommend the right option of credit cards Malaysia for you.
Helpline or Customer Service
If you need assistance to apply for credit card Malaysia, then choose a platform which can guide you through your credit card approval process. This is most suitable for new credit card applicants who have never applied for a credit card before.
Frequently Asked Questions (FAQs)
Are comparison platforms reliable to make credit card decisions?
Absolutely! Comparison platforms are financial experts who have authentic information on credit cards laid out in a format you understand. So, if you are new to credit card, then these websites can be the best for you to choose a credit card that is right for you. They have enough content and categories to give you both the pros and cons of credit cards without any ulterior motive. So, you can make an informed decision on objective information through these platforms.
Do comparison platforms offer special benefits if I apply for a credit card from their website?
Yes! Sometimes, comparison platforms have partnerships with the banks, which help them to negotiate a better deal or additional gifts for you that you won’t get if you directly apply for the credit card on your own.
Does comparison platform speed up the credit card approval process?
It depends on whether you have the available information and documents with you. If you have a good credit score or all necessary papers that validate you as an eligible credit card applicant, then this platform can guide you to get faster approval with their teleguidance service.
Of course, this service is only applicable if you choose a platform that has the customer service or teleguidance experts to help you out personally.
Conclusion
Choosing a credit card is hard no matter how many time you have done it. So, a comparison platform may ease your trouble by breaking down your needs with filter and search and authentic information. Use their online service to your advantage to choose a credit card in the most hassle-free way. Share with your friends and family if you think this article Top 4 Best Online Platform to Apply Credit Card Malaysia.