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MasterCard Malaysia (MasterCard Credit Card Malaysia)

By: EconomyWatch Date: 6 October 2010

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The core Content Team our economy, industry, investing and personal finance reference articles.

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MasterCard Malaysia provides various types of cards and services to cardholders. It was named the official card at the Malaysia Mega Sale Carnival (MMSC) 2008 for the eighth consecutive year. MasterCard Worldwide works as a mediator, processing the payments between the trader’s bank and the purchaser’s bank that uses its card to make purchases.

Personal Cards offered by MasterCard Malaysia

MasterCard Malaysia offers personal cards, such as credit cards, debit cards, prepaid cards and the MasterCard PayPass.

Credit Cards

MasterCard credit cards are accepted worldwide at more than 22 million locations. The wide range of credit cards includes all varieties, right from the standard one to the elite one.

Debit Cards

The MasterCard debit cards are linked to a savings or current account. Transactions made through the debit card are directly deducted from the linked savings or current account. With debit cards, one can have the benefit of shopping online or making purchases over the phone. The MasterCard debit card is accepted at over 25 million locations.

Pre-Paid Cards

MasterCard Pre-paid cards offer a wide range of card amounts to choose from. These cards can be used at any location where MasterCard is accepted to make purchases. Pre-paid cards help control one’s expenses and are therefore recommended for travelers, students and individuals who have a fixed budget.

MasterCard PayPass

MasterCard PayPass credit cards are easier, faster and safer to use, since they offer contactless technology and do not require the cardholder to hand over the card to anyone else.

MasterCard Credit Cards Malaysia: Types

MasterCard Malaysia basically offers four types of credit cards:

Standard MasterCard Card: Payment flexibility, global service, 24-hour ATM facilities and 24-hour help in more than 30 languages.
Gold MasterCard Card: High credit limits, more benefits and rewards, high spending limits per day.
Platinum MasterCard Card: Ultimate purchasing power and benefits, higher credit limits and all the benefits of standard and gold cards.
World MasterCard Card: No pre-set spending limit, 24-hour global service, concierge services, and travel, accident and cancellation insurance.

Major Cards offered by MasterCard Malaysia

The most popular card offered by MasterCard is the Standard MasterCard credit card. On the other hand, if you prefer a feature-rich card, you can opt for the Gold or Platinum card. To make your funds accessible at all times, you can choose a MasterCard debit card.