How to Apply to Bank Islam World Mastercard Credit Card

A premium Shariah-compliant credit card packed with privileges and deals.
The Bank Islam World Mastercard is a premium credit card that offers cardholders a range of exclusive privileges and deals. Offered by Bank Islam, a leading Islamic bank in Malaysia, this card combines the advantages of a World Mastercard with the trust and expertise of an established Islamic financial institution.
Benefits
The Bank Islam World Mastercard comes packed with a suite of attractive benefits and privileges for cardholders.
- Higher Credit Limit: one of the major advantages of the World Mastercard is the higher credit limit of up to 2.5 times the cardholder’s monthly income. This provides greater purchasing power and flexibility to make large purchases conveniently. Customers can spread payments over 3 years with low monthly instalments. The higher limit is also useful for consolidating spending on multiple cards into one.
- No Joining Fee: cardholders can avoid paying the annual fee of RM150 by making a minimum of 12 transactions per year on the card. This makes it easy to only pay the profit rate without the annual fee, if a cardholder actively uses the card.
- Lower Profit Rates: based on eligibility, customers can enjoy reduced profit rates as low as 13.5% per annum. The rates are tiered based on individual circumstances. Cardholders may also be eligible for lower rates by transferring balances from other banks at a promotional rate.
- Special Discounts: by participating in Bank Islam’s special programmes like the Mail Order Telephone Order (MOTO) and Easy Payment Plan, cardholders can enjoy exclusive discounts and deals for shopping, dining, travel and more.
- Airport Lounge Access: complimentary access to airport lounges across Malaysia is included with the World Mastercard. This allows customers to relax and dine before flights in comfort. Family and friends can also be brought along at a fee.
- Travel Insurance: cardholders benefit from complimentary travel insurance with coverage for medical expenses, trip cancellations, loss of luggage and more. This provides protection and coverage when travelling domestically or abroad.
- Concierge Service: the 24/7 concierge service helps cardholders book event tickets, make restaurant reservations, arrange deliveries, and more. For frequent travelers, the concierge service can handle flight bookings, hotel arrangements and other travel-related requests.
- Emergency Assistance: cardholders enjoy emergency medical, legal and travel assistance when abroad. This includes medical referrals, treatment monitoring, lost passport assistance and emergency card replacement. The service provides peace of mind when travelling.
- Mastercard Deals: as a World Mastercard, cardholders have access to exclusive deals and privileges under the Mastercard World programme. This unlocks discounts and upgrades at hotels, dining outlets, retail stores and entertainment venues.
Taken together, these benefits add tremendous value for cardholders and make the Bank Islam World Mastercard a premium choice for perks and privileges.
Prerequisites
To apply for the Bank Islam World Mastercard, applicants must:
- Be 21 years and above
- Have a minimum income of RM24,000 per annum
- Be a Malaysian citizen or permanent resident
About Bank Islam
Bank Islam is a homegrown Islamic bank that commenced operations in Malaysia in 1983. Headquartered in Kuala Lumpur, it was the nation’s first Islamic bank and introduced pioneering Shariah-based banking products and services.
Today, Bank Islam has over 144 branches nationwide and offers a comprehensive range of Islamic financial solutions for retail, business, corporate and investment banking customers. The bank has consistently been recognized globally for its leadership in Islamic finance.
As a values-driven organization, Bank Islam prides itself on its commitment to advancing Islamic banking while creating value for stakeholders and community. The launch of innovative products like the Bank Islam World Mastercard reinforces the bank’s focus on customer service excellence and staying ahead of market demands.
For discerning consumers who want the prestige and advantages of a premium Mastercard backed by the expertise and trust of a leading Islamic bank, the Bank Islam World Mastercard is an appealing choice.
Who is this card for?
The Bank Islam World Mastercard is ideal for professionals, entrepreneurs, frequent travelers and discerning consumers who appreciate premium services, exclusivity and great deals.
With benefits tailored for dining, travel and shopping, it suits those who dine out regularly, travel frequently for business or leisure, and purchase big ticket items.
The higher credit limit also appeals to executives, business owners and high-income earners who make major purchases and need the flexibility to spread payments over time.
Overall, the card is for those who want the prestige of a World Mastercard backed by the expertise and trust of Bank Islam’s Shariah-compliant banking.
Step by Step to Apply
Applying for the Bank Islam World Mastercard is easy:
- Visit the official Bank Islam website.
- Under ‘Personal Banking’, click on ‘Apply Now’
- Select ‘Credit Card’ as the product you wish to apply for
- Choose ‘Bank Islam World Mastercard’
- Click ‘Apply Online’ and fill in the online application form
- Upload the required documents
- Review and submit your application
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Positives and Negatives
Pros:
- Higher credit limit for big purchases
- No annual fee with minimum usage
- Lower profit rates and discounts
- Airport lounge access
- Comprehensive travel coverage
- 24/7 concierge and emergency assistance
Cons:
- Credit limit subject to strict income criteria
- Must maintain minimum yearly usage to avoid annual fee
- Lower cashback rate compared to other cards
- Limited promotional discounts and deals
While the Bank Islam World Mastercard has lower cashback and promotions compared to some competitors, it makes up for it with a prestigious brand, premium services, exclusivity and strong Islamic banking expertise. For customers who value these features, the pros outweigh the cons.
How to Unlock the Card
Activating your new Bank Islam World Mastercard is quick and easy:
- Call the activation hotline at 03-26 900 900 once you receive the card.
- Provide the agent with your full name, identification number, and 16-digit card number.
- Set your personalized 6-digit PIN number. Avoid obvious numbers like birth dates.
- The card will be activated within 5 minutes and ready for use.
You can also activate via Bank Islam’s mobile app. Download here:
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- Login and go to ‘Credit Card Activation’.
- Follow the prompts to activate your card with your details.
Once activated, you can start using the card for purchases and payments. Activate it as soon as you receive it to enjoy the benefits.
Fees and Tariffs
- No annual fee by making a minimum of 12 transactions per year. RM150 fee applies otherwise.
- Cash advance fee of 5% or RM15, whichever is higher.
- Minimum monthly repayment of 5% of outstanding balance.
- Late payment charge of 1% of total outstanding balance, subject to a minimum of RM10.
- Profit rate ranges from 13.5% to 17.5% per annum based on eligibility.