HLB Wise Credit Card Revision effective 1 January 2025
Kuala Lumpur, 11 December 2024
Dear Valued Customers,
Effective 1 January 2025, please be informed that the HLB Wise Credit Card Feature will be revised for you to enjoy up to 15% cashback and more than RM780 cashback in a year.
Details as follows:
Table 1
Minimum Spend/ month (posted transaction) |
Spend Category |
Eligible Merchant Category Code (MCC) and/or Merchants |
Cashback for Eligible Transactions performed on Weekdays |
Cashback for Eligible Transactions performed on Weekends |
Maximum Cashback per month |
|---|---|---|---|---|---|
RM1,000 |
Dining |
• MCC: 5811/5812/5814 – All dining outlets |
0.5% |
15% |
RM20 |
Groceries & Essentials |
• MCC: 5411 – All grocery stores including Giant, Cold Storage, Jaya Grocer, Mercato, etc. • MCC: 5912 – All drug stores and pharmacies including Guardian, Watsons, Caring Pharmacy, etc. • Selected convenience stores – MyNews and 7Eleven |
0.5% |
10% |
RM15 |
|
Petrol |
• MCC: 5542 – Automated Fuel Dispensers (self-service) at all petrol stations |
0.5% |
10% |
RM15 |
|
Online Spend |
• Lazada • Shopee • Grab • Foodpanda • Touch ‘n Go • MYEG • Spotify • Netflix • Apple Music Note: applicable to e- wallet top ups and food delivery transactions for the above listed merchant only |
1% |
RM15 |
||
Others (including overseas) |
• Any MCC or merchants not defined above |
0.20% |
Unlimited |
||
Below RM1,000 |
All |
• All Eligible MCC, Merchants and/or Transactions |
0.20% |
RM2 |
|
Frequently Asked Questions (FAQs)
Q: Any impact with the transactions performed before the effective date?
A: You will continue earn existing cashback rate for transaction performed and posted before 1 January 2025. For any transaction that posted on 1 January 2025 onwards, the cashback will be calculated based on table 1 above.
Please refer to illustration A below for more information.
Illustration A – Cashback Calculation in December 2024
Spend Category |
Transaction Date |
Posting Date |
Spend |
Cashback Rate (%) |
Cashback |
Monthly Cashback Capping (RM) |
|---|---|---|---|---|---|---|
Dining |
08/12/24 |
08/12/24 |
250 |
8% |
15 |
15 |
Groceries & Essentials |
07/12/24 |
07/12/24 |
300 |
8% |
15 |
15 |
Petrol |
29/12/24 |
01/01/25 |
150 |
- |
- |
15 |
Online Spend (Including e-Wallet Reload) |
07/12/24 |
07/12/24 |
300 |
8% |
15 |
15 |
Overseas Spend |
13/12/24 |
13/12/24 |
100 |
0.25% |
0.25 |
Unlimited |
Others |
13/12/24 |
13/12/24 |
100 |
0.25% |
0.25 |
Unlimited |
Total Cashback Earned (RM) |
45.50 |
|||||
- The total posted transaction amount for December 2024 is RM1,050.
Petrol transaction of RM150 is posted on 1 January 2025, hence, it will earn Cashback for January 2025 subject to minimum spend requirement as stated in Table 1 above.
Q: How is cashback calculated effective 1 January 2025?
A: Cashback is calculated based on the spending transaction date. Please refer to the sample illustration below for more information.
Illustration B – Meet Minimum Monthly Spend of RM1,000
Spend Category |
Transaction Date |
Posting Date |
Spend |
Cashback Rate (%) |
Cashback |
Monthly Cashback Capping (RM) |
|---|---|---|---|---|---|---|
Dining |
04/01/25 |
04/01/25 |
135 |
15% |
20 |
20 |
Groceries & Essentials |
12/01/25 |
12/01/25 |
150 |
10% |
15 |
15 |
Petrol |
12/01/25 |
12/01/25 |
150 |
10% |
15 |
15 |
Online Spend (Including e-Wallet Reload) |
15/01/25 |
15/01/25 |
500 |
1% |
5 |
15 |
Overseas Spend |
21/01/25 |
21/01/25 |
100 |
0.20% |
0.20 |
Unlimited |
Others |
21/01/25 |
21/01/25 |
100 |
0.20% |
0.20 |
Unlimited |
Total Cashback Earned (RM) |
55.40 |
|||||
Illustration C – Monthly Spend Below RM1,000
Spend Category |
Transaction Date |
Posting Date |
Spend |
Cashback Rate (%) |
Cashback |
Monthly Cashback Capping (RM) |
|---|---|---|---|---|---|---|
Dining |
04/01/25 |
04/01/25 |
50 |
0.20% |
0.1 |
2 |
Groceries & Essentials |
12/01/25 |
12/01/25 |
100 |
0.20% |
0.2 |
|
Petrol |
12/01/25 |
12/01/25 |
150 |
0.20% |
0.3 |
|
Online Spend (Including e-Wallet Reload) |
15/01/25 |
15/01/25 |
150 |
0.20% |
0.3 |
|
Overseas Spend |
21/01/25 |
21/01/25 |
100 |
0.20% |
0.20 |
|
Others |
21/01/25 |
21/01/25 |
50 |
0.20% |
0.1 |
|
Total Cashback Earned (RM) |
1 |
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