KUALA LUMPUR, April 8 — We’re all used to cashback credit cards for petrol, groceries, dining, and the like. But as more and more Malaysians transition to doing their shopping online, it makes sense for credit cards to come with cashback benefits for online shopping and transactions — which is something we consumers should be taking advantage of.

Standard Chartered JustOne Platinum MasterCard

Cashback: Up to 15 per cent cashback for petrol, online, and auto-bill transactions; capped up to RM85 Minimum income requirement: RM36,000/year (RM3,000/month) Annual fee: RM250 (first year free), waived with RM20,000 annual spend

The Standard Chartered JustOne Platinum MasterCard offers cashback on three categories: petrol, online purchases, and auto-bill payments. It is a tiered cashback card that gives you a different cashback rate and cap according to how much you spend per month, with the highest rate going up to 15 per cent of cashback.

As you can see, the rate and monthly cap get more rewarding as you spend more. However, if you use this card to pay for your bills on a regular basis (presumably to unlock the higher monthly spend cashback tiers), chances are you’ll be hitting the cashback cap even without taking your online shopping into consideration. Note also that while any expenditure outside of the three categories do not offer cashback, they do contribute to the minimum spend amount.

UOB YOLO Visa

ashback: 5 per cent or 8 per cent cashback for online transactions and dining; capped at RM50 Minimum income requirement: RM36,000/year (RM3,000/month) Annual fee: RM90 (first year free), waived with 12 swipes per year

The UOB YOLO Visa offers cashback for online transactions and dining. The cashback tiers for this card are quite straightforward: you get 5 per cent cashback if you make 8–15 total number of transactions in a calendar month, and a more rewarding 8 per cent cashback if you make more than 15 transactions. Cashback is capped at RM50 a month for both online and dining transactions, so if you spend a lot on these two areas, you may just be getting a sizeable amount of cashback returns.

If that sounds like a lot of transactions just to get cashback, here's a great tip: many users regularly split their payments for things like bills into smaller sums to unlock the 8 per cent tier. However, one caveat that you must know is that RHB Visa Signature offers separate tiered cashback rewards for overseas spend of up to 2 per cent capped at RM100 in addition to the cashback for local expenditure. It also gives you 5x complimentary access to RinggitPlus.com.