Not everyone wants a credit card loaded with points systems and complicated reward tiers, sometimes you just want something simple that works. The Hong Leong I’m Credit Card from Hong Leong Bank is exactly that: a straightforward, no-annual-fee credit card that also cuts out the standard overseas transaction markup most banks quietly charge.
Hong Leong I’m Credit Card: best credit card for simple, no-frills spending
With an annual fee waived for life and no conditions attached, the Hong Leong I’m Credit Card removes one of the most common hidden costs of card ownership, and you can even personalise the card with your own name or a nickname of your choice.
The standout feature is the removal of the 1% foreign exchange conversion markup that most banks apply automatically, meaning every overseas purchase, from online shopping to your next holiday, costs less than it would on a typical credit card application elsewhere.
Should I get a credit card from hong Leong Bank?
Hong Leong Bank began operations in 1905 in Kuching, Sarawak, giving it one of the longest banking histories in Malaysia, and it has since grown into the country’s fifth-largest bank by assets, with a presence across Singapore, Hong Kong, Vietnam, Cambodia, and China.
The bank has also been recognised for its digital and community efforts, including the Best Financial Inclusion Initiative and Best Deposit Product awards at the Asian Banker Malaysia Awards 2024 — a sign that Hong Leong Bank invests seriously in both technology and everyday customer value.
How to get a credit card from Hong Leong Bank?
To get the Hong Leong I’m Credit Card, you need to meet the following criteria:
- Be aged between 21 and 65 years old as the principal cardholder (18 years old or above for supplementary cardholders)
- Have a minimum annual income of RM24,000, or pledge a fixed deposit of at least RM2,000 in place of income proof
- Provide a copy of your NRIC or passport
- Submit your latest salary slips, EPF statement, or relevant business documents depending on your employment type
Apply for credit card in a few simple steps:
- Start your credit card application online through Hong Leong Bank’s website or visit a branch
- Choose your personalised card name and submit your income and identification documents
- Wait for Hong Leong Bank’s credit assessment and approval decision
- Receive your card, activate it, and start enjoying markup-free overseas spending right away
FAQ
1. How does Hong Leong I’m Credit Card interest work?
Finance charges apply to any balance not paid in full by the due date, calculated daily at the bank’s prevailing rate of roughly 15%–18% p.a. Paying your full statement balance every month avoids finance charges altogether.
2. How do I increase my Hong Leong I’m Credit Card limit?
You can request a credit limit review through Hong Leong Connect or by contacting the bank directly, usually after a track record of responsible, on-time repayments. Approval depends on your updated income and credit profile.
3. How do I pay off my Hong Leong I’m Credit Card?
You can pay through Hong Leong Connect online or mobile banking, standing instructions, over-the-counter at a branch, or other participating bill payment channels. Setting up a standing instruction is the easiest way to avoid missing a due date.
4. How do I cancel a credit card from Hong Leong Bank?
Contact Hong Leong Bank’s customer service or visit a branch to request cancellation, making sure any outstanding balance is fully settled beforehand. The bank will confirm closure once your account is cleared.