Ambank Cash Rebate Visa Platinum Card
Ambank Cash Rebate Visa Platinum Card
RM 2,000
Minimum monthly income
RM 0
Annual fee
15%
Interest rate p.a
4.88%
Balance transfer rate (fixed)
Product details
Product details
Features
Good for
Cashback
Up to 8% Cashback for Groceries, Pharmacy & Online Spends
Unlimited 10% Interest Rebate with minimum total spends of RM500 per month
AMAZING 30 Campaign: Get AMAZING deals on your essentials Everyday
Travel Insurance coverage up to RM500,000 p.a.
ZERO annual fee for life!
Eligibility
| Minimum monthly income | RM 2,000 |
| Minimum age: | |
| Cardholder | |
| Supplementary Cardholder | 18 |
Fees & Charges
| Annual fee | RM 0 | Free For Life (with no conditions) |
| Late payment fee | RM 10/1% | 1% of the balance outstanding due or RM10, whichever is higher (to a maximum of RM100) |
| Interest rate | 15% | |
| Balance transfer rate (fixed) | 4.88% | 4.88% rate for 12 months Balance Transfer repayment period |
| Annual fee |
RM 0 Free For Life (with no conditions) |
| Annual fee waiver |
No |
| Late payment fee |
RM 10/1% 1% of the balance outstanding due or RM10, whichever is higher (to a maximum of RM100) |
| Interest rate |
15% |
| Balance transfer rate (fixed) |
4.88% 4.88% 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):
These documents may be required for your AmBank Cash Rebate Visa Platinum application:
- Copy of MyKad (front and back)
- Latest 3 month's salary slips/ commission statement
- Latest 6 months' bank statement
- Latest EPF statement
- Form A & D (business registration) or Trading License for East Malaysia
- Latest B/BE Form with an official tax receipt
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A cash rebate and cashback credit card that rewards you back for all your important monthly transactions! With a low minimum income requirement, anyone of all income groups is able to afford this credit card and find it useful in the long run.
Enjoy up to 8% cash rebates for all your online transactions
Whether you swipe your Ambank Cash Rebate Visa Platinum on groceries, pharmacies or online transactions, you’ll receive up to an 8% cash rebate right away. However, it depends on how big your spendings is. Find the table below for the exact cash rebate you’ll receive based on different spending amount:
| Total Spending Amount (Monthly) | Cash Rebate | Maximum Cap (Monthly) Based On Each Category |
|
RM1,500 and above |
8% |
RM15 |
|
RM500 to RM1499.99 |
1% |
RM5 |
|
RM0 to RM499.99 |
0.10% |
Unlimited |
Make use of the unlimited 10% interest rebate
If you happen to spend a minimum of RM500 a month for your retail purchases, you could earn a 10% interest rebate, which is also unlimited, on your finance charges based on the overdue balance of your Ambank Cash Rebate Visa Platinum.
Be protected during your travel trips
The worst thing that can happen is when something happens overseas and you’re unable to pay for it. With the Ambank Cash Rebate Visa Platinum, you are able to travel along with your family members without having to worry about insufficient funds to cover for personal accidents as it comes with travel insurance coverage for up to RM1,000,000. You just need to pay all your flight tickets with your Ambank Cash Rebate Visa Platinum credit card.
FAQs
FAQs
To apply for this credit card, you’ll have to fill up our online form which can be completed within two easy steps. Once you’ve submitted your online application, we will process it from there. You could also contact our customer service at +6012-385 0211 if you have any questions or enquiries.
You have to be earning a minimum monthly income of RM2,000 a month before applying for this credit card. Aside from that, your age has to be at least 21 years old for the primary card and 18 years old for the supplementary card.
There is no annual fee that will be charged to all primary and the first 3 supplementary cards. The 4th supplementary card onwards, there will be an annual fee of RM188.
There is a monthly minimum payment of 5% of the overdue amount or RM50, depending on which is higher. A late payment fee will also be imposed, which is 1% of the overdue amount or RM10. If you withdraw cash from your Ambank Cash Rebate Visa Platinum credit card, there is a fee of 5% of the cash withdrawn amount or RM50.
- Gain 8% cash rebate for online shopping, groceries and pharmacies
- Gain unlimited 10% cash rebate on your finance charges
- Receive up to RM500,000 travel insurance coverage for you and your family
- No annual fees
Pretty much anyone who loves cash rebates and who earns a decent income would find the Ambank Cash Rebate Visa Platinum beneficial to their everyday lifestyle.
