AFFINBANK Visa Basic
AFFINBANK Visa Basic
RM 2,000
Minimum monthly income
RM 0
Annual fee
17.52%
Interest rate p.a
2%
Balance transfer rate (fixed)
Product details
Product details
Features
Good for
No Annual Payments
Annual Fee waived for Life
Easy Instalment Plan (EiPlan)
Balance Transfer Instalment Plan (BTiP)
Eligibility
| Minimum monthly income | RM 2,000 |
| Minimum age: | |
| Cardholder | 21 |
| Supplementary Cardholder | 18 |
Fees & Charges
| Annual fee | RM 0 | Waived for life |
| Late payment fee | RM 5/1% | 1% of total outstanding balance or RM5, whichever is higher (to a maximum of RM50) |
| Interest rate | 17.52% | Settling minimum payment due for 12 consecutive month |
| Balance transfer rate (fixed) | 2% | 2% rate for 12 months Balance Transfer repayment period |
| Annual fee |
RM 0 Waived for life |
| Annual fee waiver |
No |
| Late payment fee |
RM 5/1% 1% of total outstanding balance or RM5, whichever is higher (to a maximum of RM50) |
| Interest rate |
17.52% Settling minimum payment due for 12 consecutive month |
| Balance transfer rate (fixed) |
2% 2% rate for 12 months Balance Transfer repayment period |
Document required to apply
You will need to provide several documents such as (varies between different banks):
Salaried Employee:
- Latest EPF statements printed from AFFINBANK kiosk (with minimum 6 months contribution), or
- Any 1 of the following documents:
- Latest 3 months salary slips
- Latest 6 months commission statements (commission earner)
- Latest pension fund statement (pensioner)
- Latest EA form
- B form / BE form supported with tax payment receipt
Above income documents to be supported with any 1 of the following documents: - Latest EPF Statement (contribution amount must matched with salary slips / salary vouchers)
- Latest 3 months bank statement where the salary / pension is credited
- Latest 6 months bank statement where the commission is credited
- Letter from employer to the bank confirming applicant's income
Sole Proprietorship / Partnership / Company:
- Any 2 of the following documents:
- Latest 2 years B Form / BE Form with official tax payment receipt
- Latest 6 months business account statements
- Latest Profit & Loss account on management accounts; and
- Form A (for Sole proprietorship) / Form B (for Partnership) / Form 9,24, 49 (for Company)
Product review by 
Product review by
If you’re looking for a credit card that doesn’t require you to pay an annual fee, the AFFINBANK Visa Basic would be the card for you! Along with the convenient installment plans and travel insurance coverage, as long as you meet the necessary requirements, you could apply for this credit card.
Convenient installment plans with your AFFINBANK Visa Basic
With the AFFINBANK Visa Basic Credit Card, you’ll be able to receive Easy Installment Plans (EiPlan) as well as Balance Transfer Installment Plans (BTiP).
The Easy Installment Plans allow you to convert your purchases into installments every month within a certain period. For times when you have to make huge purchases but don’t have the right amount of money to do it, you could pay them in monthly installments instead. The installment period starts from 6 months up to 36 months, depending on your credit limit. There are no interest fees as well, but you are required to pay a one-time fee upfront.
There’s also the Balance Transfer Installment Plan where you could easily pay any outstanding balance from other credit cards to your AFFINBANK Visa Basic Credit Card. There’s a one-time upfront interest fee that will be charged, however, it’s considered relatively low so you wouldn’t have any difficulty paying back. You could choose between a period of 6 months up to 36 months to pay the outstanding balance.
Travel worry-free with insurance coverage
When you charge your entire flight tickets to your AFFINBANK Visa Basic Credit Card, you will be entitled to receive insurance coverage for up to RM250,000. This includes any travel inconveniences that may happen such as when your luggages gets delayed.
AFFINBANK Visa Basic - No annual fees
Paying a fee for simply owning a credit card could be inconvenient to some of you. Thankfully, annual fees will be waived for life for as long as you own the AFFINBANK Visa Basic Credit Card! The annual fee waiver is applied to both principal and supplementary cardholders too.
FAQs
FAQs
Apply for the AFFINBANK Visa Basic Card easily with our online application. It’s simple and quick - fill up your necessary details and your application will be processed by us almost immediately. When you need any assistance, our customer service is easily reachable at +6012-385 0211.
To apply for this credit card, you should be earning a minimum amount of RM2,000 every single month with an age of 21 years old and above. Supplementary cards are available as well, provided the age is at least 18 years old and above.
There is absolutely zero annual fees charged for this credit card with no minimum requirements needed in order for it to be waived.
The sales and service tax are one of the charges applied which is RM25 for principal and supplementary cards. It will be charged once you’ve activated your card as well as when you renew it. There is also a late payment fee of 1% or RM10 when you fail to make your payments on time.
- Convenient installment plants which are Easy Installment Plans (EiPlan) and Balance Transfer Installment Plan (BTiP)
- No annual fees applied
The AFFINBANK Visa Basic will be suitable for those that are looking for ways to pay off their outstanding balances of other credit cards as well as paying any large amount in installments. Other than that, it is best suited for those who aren’t looking for a credit card that charges an annual fee.
