Frequent question: Are credit cards widely accepted in Malaysia?

Are credit cards accepted in Malaysia?

Is it safe to use my card in Malaysia? Using your credit card at main hotels and restaurants in Malaysia is generally safe. You should be more cautious with local shops, although many of them won’t accept cards anyway.

Can I use US credit card in Malaysia?

Since credit cards are widely accepted in Malaysia, you won’t have a problem spending at shopping centers, restaurants or hotels.

How is credit card different from debit card Malaysia?

While credit cards and charge cards are credit facilities, debit cards are not. Debit cards are always linked to a current / savings account. When you use a debit card to pay, you are essentially accessing the money in your account. Your usage limits are essentially only as much as you have in the account.

Is MasterCard accepted in Malaysia?

MasterCard and Visa are the most widely accepted credit cards. You can make ATM withdrawals with your PIN, or banks such as Maybank (Malaysia’s biggest bank), HSBC and Standard Chartered will accept credit cards for over-the-counter cash advances.

What kind of card do Malaysia use?

Cirrus/Maestro are the most prevalent cards accepted, and you will also be able to use your Visa and Mastercard for cash advances. You may want to notify your bank before leaving home, as some will automatically cancel your card after withdrawals from exotic destinations as a fraud prevention method.

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Can you pay in dollars in Malaysia?


No. Payment can be made in foreign currency or ringgit.

How much money can I take to Malaysia?

There is no limit for a resident and non-resident to carry into and out of Malaysia foreign currency notes and traveller’s cheques but need to declare in Customs Form 22 (Borang Kastam 22) if total amount exceed USD 10,000 equivalent.

What are the disadvantages of credit card?

Disadvantages of credit card

  • High rates of interest. If you fail to pay outstanding dues on credit cards within the due date, you will incur high interest rates. You can avoid paying additional interest by making timely repayments every month.
  • Overspending. The ease of using credit cards often leads to overspending.

What are the benefits of a credit card?

Credit card benefits

  • Opportunity to build credit.
  • Earn rewards such as cash back or miles points.
  • Protection against credit card fraud.
  • Free credit score information.
  • No foreign transaction fees.
  • Increased purchasing power.
  • Not linked to checking or savings account.
  • Putting a hold on a rental car or hotel room.

Can debit card be used as credit card Malaysia?

It can be used to withdraw cash from ATMs, and at the same time function like a credit card. It can be used to make purchases at merchant locations such as petrol stations, grocery stores, retail stores and restaurants, including overseas merchants and even on the Internet.