The RHB Banking Group (“RHB” or the “Group”), through its subsidiaries, RHB Bank Berhad and RHB Islamic Bank Berhad, continues to deliver seamless convenience and value to customers who travel often with its enhanced RHB Multi Currency Visa Debit Card/-i.
The RHB Multi Currency Visa Debit Card/-i offers a 0% conversion currency fee for 16 foreign currencies, including the US Dollar, Euro, Japanese Yen, Pound Sterling, Singapore Dollar, Thai Baht, and Saudi Riyal. Building on this success, RHB has expanded the card’s features to include 16 additional currencies; this makes it 32 currencies supported by the RHB Multi Currency Visa Debit Card/-i.
Since its introduction in 2019, we have had a good response to the RHB Multi Currency Visa Debit Card/-i. As of July 2023, we have issued over 62,000 cards and recorded 77% YOY growth in the debit card spend, a testament to the debit card’s popularity with our customers. The enhanced debit card mitigates the risks and challenges of cash handling by supporting a wider range of major global currencies, including Arab Emirates Dirham, Chinese Renminbi, Indonesian Rupiah, Brunei Dollar, Qatar Riyal, Philippine Peso, and many more.
~ Dato’ Adissadikin Ali, Managing Director and Chief Executive Officer of RHB Islamic Bank Berhad ~
Travellers will find the RHB Multi Currency Visa Debit Card/-i an invaluable companion as it allows them to convert Ringgit Malaysia to the desired foreign currencies effortlessly with zero conversion currency fees through the RHB Online Banking and Mobile Banking platforms. In addition, cardholders can transact up to t the available balance in their current or savings account/-i without worrying about exceeding the purchase limit and enjoy attractive interest rates on selected foreign currency account balances, enhancing the overall value proposition of the debit card.
“The enhancements to our award-winning RHB Multi Currency Visa Debit Card/-i is part of our commitment to making banking more convenient, fast and seamless for our customers. It empowers our customers to manage their financials without the hassle of opening a savings account in different countries. In line with RHB’s Together We Progress (“TWP24″) corporate strategy of being the primary bank for everyone, we will continue to make banking more convenient for our customers, wherever they are,” added Dato’ Adissadikin.
Customers can sign up for the RHB Multi Currency Debit Card/-i, which offers a Multi Currency Account with a minimum initial deposit of USD200 or equivalent. Existing RHB customers with a Ringgit Malaysia Current or Savings Account/-i can also open a Multi-Currency Account/-i by visiting any RHB Bank branch.
For more information on the RHB Multi Currency Visa Debit Card/-i, please visit www.rhbgroup.com.