HSBC Bank Malaysia and HSBC Amanah Malaysia will revise cash advance fees [PDF] for selected credit cards from 2 March 2026. The changes affect how much cardholders pay when withdrawing cash using their credit cards, an option often used during short term cash flow gaps.
Revised Cash Advance Fees For HSBC Cards
For conventional HSBC Bank credit cards, the cash advance fee will move to a flat RM8.70 per transaction. This replaces the current charge of five per cent of the cash advance amount or a minimum of RM15, whichever is higher.
For HSBC Amanah Credit Card i products, the cash advance charge structure remains unchanged. A fee of RM50 will continue to apply for every RM1,000 withdrawn.
Credit Cards Covered By The Revision
The flat fee applies to several conventional HSBC credit cards, including the HSBC Premier Mastercard Travel Credit Card, HSBC Premier World Mastercard Credit Card, HSBC Visa Signature Credit Card, HSBC Travel One Mastercard Credit Card, HSBC Live Plus Visa Credit Card, HSBC Visa Platinum Credit Card, and HSBC Mastercard Platinum Credit Card.
HSBC Amanah Credit Card i products affected include the HSBC Amanah Premier World Mastercard Credit Card i, HSBC Amanah MPower Visa Platinum Credit Card i, and HSBC Amanah MPower Visa Credit Card i.
How The Fee Changes Affect Cardholders
For conventional HSBC credit card holders, the shift to a flat RM8.70 fee lowers the upfront cost of smaller cash withdrawals and removes percentage based pricing. This makes fees easier to anticipate for each transaction.
However, cash advances typically attract interest immediately, without an interest free period. Even with a lower transaction fee, frequent or high value withdrawals can still lead to higher overall borrowing costs.
For HSBC Amanah Credit Card i holders, costs remain directly linked to the amount withdrawn. Larger cash advances will continue to incur higher fees under the existing pricing structure.
The revision highlights the importance of understanding both transaction fees and interest charges when using credit cards for cash access. While the new fee structure may reduce upfront costs, cash advances remain one of the more expensive forms of short term credit.
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