RHB partners Shell to introduce new visa credit card /-i
Jan 21, 2021
Kuala Lumpur – RHB Banking Group (“RHB”), Shell Malaysia (“Shell”) and Visa have launched the “RHB Shell Visa Credit Card /-i” to provide customers the convenience and flexibility they need, and the rewards that they want, by consolidating both their online and physical purchases under a single credit card.
The ongoing movement controls and COVID-19 related SOPs have boosted customer demand for cashless and online payments. The RHB Shell Visa Credit Card /-i is developed with this in mind and is designed with the needs of the current-day consumer, taking into consideration changes in consumer trends observed within the New Normal.
With consumer purchasing preferences continuing to shift online, cardholders are afforded extra savings with up to 5% cash rebates for online transactions including for purchases, e-wallet top-ups, and paying for utility bills, as well as for groceries and other daily expenses. In addition, customers would also benefit from cash rebates of up to 12% on petrol transactions at all Shell stations nationwide, being amongst the highest cashback rates for petrol cashback credit cards in Malaysia.
“Our new RHB Shell Visa Credit Card /-i caters to evolving needs of consumers, while simplifying the customer experience by consolidating rewards for fuel and non-fuel spending under a single credit card. In addition to cashback on fuel, it also provides cardholders more returns on their online and physical purchases of everyday essentials. The new RHB Shell Visa Credit Card /-i will address current needs of our cardholders while at the same time, creating a more rewarding experience on their transactions. Through this, we expect to further accelerate our credit card acquisition with a target of 100,000 new applications within the next 12 months,” said Dato’ Khairussaleh Ramli, Group Managing Director of RHB Banking Group.
The RHB Shell Visa Credit Card /-i offers extra cashbacks and savings when cardholders fuel up at Shell, while simultaneously providing extra convenience with a cashless experience in line with current social distancing norms. These unique features reflect Shell’s mission to make their customer’s life journeys better, as they go well with their new Credit Card.
“Shell Malaysia is proud to partner with RHB and Visa to take an extra step in fulfilling the dynamic needs of local communities, with the launch of RHB Shell Visa Credit Card /-i. Its low minimum monthly income requirement and cashback rewards for groceries, utilities and online purchases provide credit flexibility— which has never been more crucial as we grapple with the pandemic’s reverberating effects on our economy. Our collaboration with RHB and Visa exemplifies the spirit of unity and agility necessary to buoy the nation forward in this unprecedented time”, said Shairan Huzani Husain, Shell Malaysia Trading Sdn Bhd and Shell Timur Sdn Bhd Managing Director.
“We are extremely pleased to partner with RHB and Shell to launch this credit card for consumers and reward them with cashback when they spend on categories such as groceries or shop online. The RHB Shell Visa credit card is also contactless payments enabled, which means that Malaysian cardholders can easily tap and pay for their purchases conveniently and securely. In Malaysia, we already see strong contactless penetration growth, and today, more than one in two Visa face-to-face transactions in the country are contactless payments. We will continue to work with our valued partners to create more products and services that cater to the needs of Malaysian consumers and help them achieve more benefits when they make digital payments,” said Ng Kong Boon, Visa Country Manager for Malaysia.
New RHB Shell Visa Credit Card /-i cardholders will also receive 30% discount on petrol purchases until July 2021 and Annual Fee Waiver for the first year on top of receiving RM25 when they activate their cards with a minimum RM50 spend. Customers who swipe their cards at least 24 times a year will be eligible for annual fee waiver for the subsequent years with minimum spend.
The RHB, Shell and VISA collaboration advances cashless payment and integration through customer-focused digitalization and product innovation. Customers may obtain more information and sign up online for the RHB Shell Visa Credit Card /-i at www.rhbgroup.com.
Issued on behalf of RHB Bank Berhad by Group Corporate Communications Division.
Customers may call our Customer Contact Centre at 03–92068118 for enquiries on RHB’s products and services.
About the RHB Banking Group
The RHB Banking Group, with RHB Bank Berhad as the holding company, is the fourth largest fully integrated financial services group in Malaysia. The Group’s core businesses are structured into seven main business pillars, namely Group Retail Banking, Group Business & Transaction Banking, Group Wholesale Banking, RHB Singapore, Group Shariah Business, Group International Business and Group Insurance. Group Wholesale Banking comprises Corporate Banking, Investment Banking, Group Treasury & Global Markets, and Asset Management. All the seven business pillars are offered through the Group’s main subsidiaries – RHB Investment Bank Berhad, RHB Islamic Bank Berhad and RHB Insurance Berhad, while its asset management and unit trust businesses are undertaken by RHB Asset Management Sdn. Bhd. and RHB Islamic International Asset Management Berhad. The Group’s regional presence now spans nine countries including Malaysia, Singapore, Indonesia, Thailand, Brunei, Cambodia, Vietnam, Lao PDR and Myanmar.
For more information, please visit www.rhbgroup.com
For more updates and information on other Shell initiatives, please visit www.shell.com.my
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Senior Manager, Media Relations and Issues Management, Shell Malaysia
Shell is a global leader in power, energy, and gas technology and is working to meet increasing energy demand and supply challenges by delivering smarter products and cleaner energy, infrastructure, and by developing new energy sources whilst addressing impact on the environment. Malaysia is a Shell heartland. The history of Royal Dutch Shell in Malaysia started 130 years ago. Shell currently has a strong market presence in upstream, gas-to-liquids, downstream and business operations sectors in Malaysia.