Applied rates
Bank Rakyat has no live verifiable rates in our sources right now; its published pricing is below.
Published card fee
By published card fee, Bank Rakyat ranks #5 of 15 banks open to new customers that we track in Malaysia today.
Affin Bank publishes the lowest card fee in Malaysia today: 1%. See its page →
Where these numbers come from
Card: the ECB reference rate plus the bank's published margin. Transfers: no published data.
Compare Bank Rakyat with every bank in the country on the daily Malaysia table, check what each card charges, or price what your money is worth abroad.
Frequently asked questions
What exchange rate does Bank Rakyat use?
Bank Rakyat prices card payments via the ECB reference rate plus the bank's published margin. Rates on this page are indicative, derived from published data, and regenerate daily.
What does Bank Rakyat charge for card payments abroad?
Bank Rakyat publishes a 1% foreign-transaction fee on card payments, verified 2026-07-23.
Is there a cheaper bank than Bank Rakyat in Malaysia?
Yes — as of today, Affin Bank publishes the lowest card fee (1%) among banks open to new customers that we track in Malaysia.
Rates shown are indicative, derived from each bank's publicly published data, and may differ from the final rate applied at transaction time. MyRate FX is independent and not affiliated with any listed bank. No bank pays for position; sponsored links are labeled and never alter ordering.