Perodua has partnered with Bank Rakyat to launch an Islamic credit card tailored specifically for automotive expenditure.
The initiative marks the Malaysian automaker’s first collaboration with a banking institution to issue a co-branded credit card. It is part of Perodua’s ongoing support for the local automotive ecosystem which also offers practical financial benefits to vehicle owners.
The Perodua-Bank Rakyat Credit Card-i integrates directly with Perodua’s digital platform, allowing cardholders to earn reward points that can be transferred and redeemed via the P-Circle mobile application.
Benefits
Designed to cover key vehicle ownership expenses, the card provides 5 times reward points on fuel, electric vehicle charging, vehicle maintenance, and takaful coverage purchases. In addition to core automotive rewards, the card benefits include zero foreign transaction fees and waives annual fees for cardholders.
There’s also complimentary takaful coverage for outstanding balances up to RM300,000 for cardholders up to 70 years of age, alongside a RM1,000 compassionate death benefit (Khairat Kematian).
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There are two card designs to choose from. These aesthetic treatments draw inspiration from the Perodua QV-E concept car as well as the character TIRA from the animated feature available on the P-Circle app.
Expressing appreciation for the strong support from Bank Rakyat, Dato’ Sri Zainal Abidin Ahmad, President and CEO of Perodua, said the partnership represents a significant milestone for the automaker as it expands its customer services into financial products.
“We will also be running a special campaign to encourage our customers to apply for the Credit Card-I through exclusive Perodua Package offers,” he added.
Members of the public can visit their any Perodua outlet nationwide, as well as Bank Rakyat branches, to find out more about the Perodua-Bank Rakyat Credit Card-I and to apply for it.
The credit card is available to Perodua customers and Perodua/PDA staff who are at least 21 years old (supplementary cardholders can be 18 years old) and have a minimum annual income of RM24,000. Terms and conditions apply.
Click here for FAQ on Perodua Bank Rakyat credit card-i
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