Updated September 29, 2026 · SumCue Editorial Team
RinggitPlus Credit Card vs SBI Card
RinggitPlus Credit Card
Higher score in this comparison
SBI Card
Where RinggitPlus Credit Card and SBI Card differ
| Compare | RinggitPlus Credit CardReviewVisitVisit | SBI CardReviewVisitVisit |
|---|---|---|
| Annual fee | MYR 195 | ₹499 |
| APR | 15%Lower | 45% |
| Balance transfer intro period | 6 monthsHigher | 2 months |
| Balance transfer fee | 0%Lower | 2% |
| Rewards type | Cashback | Not confirmed |
| Rewards rate | up to 10% | Not confirmed |
| Credit needed | Not confirmed | Excellent |
Same on both: Card kind (Credit).
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Key differences
- RinggitPlus Credit Card scores higher overall: 8.8 vs 8.7.
- Founded is lower at SBI Card: 1998 vs 2013.
- APR is lower at RinggitPlus Credit Card: 15% vs 45%.
- Balance transfer fee is lower at RinggitPlus Credit Card: 0% vs 2%.
- Balance transfer intro period is higher at RinggitPlus Credit Card: 6 months vs 2 months.
- Support channels: only RinggitPlus Credit Card offers Email, Chat.
- Support channels: only SBI Card offers Phone.
Our verdict on each
RinggitPlus Credit Card
RinggitPlus Credit Card suits shoppers who want cashback on everyday spend plus a short balance transfer window. It charges an annual fee of MYR 195 with APR of 15% and cashback of up to 10% through rewards support of rewards for regular use.
SBI Card
SBI Card is a credit card for Indian applicants with excellent credit, and the balance transfer option is the reason to look past its steep borrowing cost. It charges an APR of 45% and an annual fee of INR 499, with help on phone.
Score breakdown
| Area | RinggitPlus Credit Card | SBI Card |
|---|---|---|
| Cost | 9.2HigherAnnual fee of MYR 195 with transfer fee of 0% shapes overall cost. | 8.8Annual fee INR 499 and APR 45% push costs up, with a balance transfer fee of 2% the only relief. |
| Offer | 8.7HigherCashback of up to 10% in cashback form via rewards defines appeal. | 8.1A 2 month balance transfer window is the whole offer, and phone support adds little. |
| Trust | 8.4Linked to Jirnexu Sdn Bhd with help via email and chat for queries. | 8.9Higher |
How they place
| Ranking | RinggitPlus Credit Card | SBI Card |
|---|---|---|
| Credit and debit cards | 48 of 1594 | 52 of 1594 |
| Balance transfer cards | 1 of 32 | 2 of 32 |
Moving a 3,000 balance
RinggitPlus Credit Card
0
0% of 3,000
SBI Card
60
2% of 3,000
RinggitPlus Credit Card comes out 60 lower in this example.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 29, 2026.
Every fact side by side
| Fact | RinggitPlus Credit Card | SBI Card |
|---|---|---|
| Pricing model | No annual fee | Not confirmed |
| Features | Rewards | Not confirmed |
| Legal entity | Jirnexu Sdn Bhd | SBI Cards and Payment Services Limited |
| Headquarters | Malaysia | India |
| Founded | 2013 | 1998Lower |
| Support channels | Email, Chat | Phone |
Where each stands against the rest
| Fact | RinggitPlus Credit Card | SBI Card | Median |
|---|---|---|---|
| APR | 15%above the median | 45%highest quarter | 11.635% |
| Balance transfer intro period | 6 monthslowest quarter | 2 monthslowest quarter | 12 months |
| Balance transfer fee | 0%lowest quarter | 2%below the median | 3% |
Median across 486 listed providers.
Pros and cons
RinggitPlus Credit Card
Pros
- Cashback of up to 10% with cashback focus for everyday spend
- Balance transfer fee of 0% with cover for 6
- Support access through email and chat for written queries
Cons
- Annual fee of MYR 195 applies even when spend remains modest
- APR of 15% adds borrowing cost when balances carry over
- Support runs on email and chat only for account queries
SBI Card
Pros
- A balance transfer charges 2% and runs for 2 months, the one lower interest route on the card.
- Card type is credit, and the issuer has been issuing cards since 1998.
- Support runs on phone for anyone who wants to talk a balance down with the issuer.
Cons
- An APR of 45% makes any carried balance costly, and the annual fee of INR 499 ranks 223 out of 312.
- Support runs on phone only, so no written or online help route is listed.
- The credit bar is excellent, and only 5.6% of cards in the credit card comparison ask for as much.
Who each suits
RinggitPlus Credit Card
Who it suits
- Shoppers seeking cashback rewards for routine retail spend
- Planners seeking a short transfer window with low upfront cost
Who should look elsewhere
- Fee sensitive users who prefer eToro because annual charges differ
- Fee sensitive users who prefer Bitpanda because annual charges differ
SBI Card
Who it suits
- Indian applicants with excellent credit who want to shift an existing card balance onto a lower interest option.
- Borrowers who plan to clear the moved balance inside the 2 month low interest window.
- Cardholders who would rather call phone than work through online self service.
Who should look elsewhere
- Wise and bunq, which show annual fees of £0 and €0, suit spending that carries no borrowing cost.
- Varo Believe Secured Credit Card, with an annual fee of $0, suits applicants building a credit record rather than moving a balance.
- bunq, with an annual fee of €0, suits anyone who wants a card without paying for a balance transfer option.
Current offers
RinggitPlus Credit Card
Current offer
Bonus
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Apply, approved by 18 Nov 2026, activate and spend RM200 in 60 days for UOB ONE Card
Source, checked September 29, 2026
Country by country
| Country | RinggitPlus Credit Card | SBI Card |
|---|---|---|
| India | No | Yes |
| Malaysia | Yes | No |
Questions about each
RinggitPlus Credit Card
What annual fee applies to this card+
The card carries an annual fee of MYR 195 for continued membership regardless of usage level. Budget for this charge alongside interest if balances revolve. Paying in full each cycle keeps total cost focused on the annual fee rather than added interest.
How does the purchase interest rate work+
Purchases that revolve accrue interest at APR of 15% under standard terms. Clearing the balance in full each cycle avoids that interest charge. Keeping balances low helps manage total borrowing cost over time.
SBI Card
What does SBI Card charge each year?+
The annual fee is INR 499, on a card that is a credit product rather than a charge card. Interest builds only if a balance is carried, so clearing the statement in full avoids the rate. The balance transfer route adds 2% on top, and that fee is the figure to weigh against the annual cost.
What is the APR on an SBI Card?+
The APR is 45%, which is high against the wider credit card set, where the card ranks 128 out of 138. Paying in full each month means the rate is never charged. Anyone planning to carry a balance should treat 45% as the true cost of this card.