Bank Rakyat Launches Credit Card-i For PDRM With Lower Cash Withdrawal Charges

Bank Rakyat has introduced a special Credit Card-i tailored exclusively for members of the Royal Malaysia Police (PDRM), offering reduced cash withdrawal service charges, with a rate of 1.5% or a minimum fee of RM15, contrasting favorably with the standard rate of 3% or a minimum of RM20 for cash withdrawals at ATMs and Bank Rakyat counters.

This initiative symbolises the bank’s commitment to honoring the contributions and services of the nation’s law enforcement officers.

During the launch ceremony, Bank Rakyat’s Chief Executive Officer, Datuk Dr. Mohammad Hanis Osman, addressed attendees and shared insights into the newly introduced Credit Card-i for PDRM members. “An interest rate as low as eight percent per annum for the first three years, along with a zero percent installment plan without any charges.

Other features include no annual fees, no additional charges for foreign transactions involving foreign exchange, free family takaful protection, and a death benefit of RM1,000,” he said.

Furthermore, he explained that PDRM members who subscribe to this special Credit Card-i have the opportunity to participate in the ‘Stylish Raya with Jakel’ campaign, offering a total cash prize of RM20,000 in conjunction with Ramadan and Eid this year.

“PDRM members also have the opportunity to enjoy a five percent discount on petrol and diesel purchases every Thursday at any petrol station nationwide through the ‘Petrol Thursday!’ campaign, which will run from March 14 to December 31, 2024,” he added.

He encouraged all PDRM members to subscribe to this special Credit Card-i to enjoy various exclusive benefits.

“I hope that the launch of this Special Edition Credit Card-i can benefit PDRM members in meeting their financial needs, thus helping to boost the country’s digital economy in line with the aspirations of MADANI Economy: Empowering the People.” he said.

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