CompareHero
Logo of CompareHero, a financial comparison platform in Malaysia
Malaysia's First In-App Virtual Card
Alliance Bank Visa Virtual Credit Card
Alliance Bank Visa Virtual Credit Card

Alliance Bank Visa Virtual Credit Card

RM 2,000Min. Monthly Income
RM 0Annual Fee
15% p.aInterest Rate

Go cardless with the Alliance Bank Visa Virtual Credit Card

Apple iPhone 17

Get a Apple iPhone 17 worth RM 3,999when you apply with CompareHero*

* T&Cs apply

Eligibility

Minimum Monthly Income

RM 2,000 (RM 24,000 annually)

Min. Age

Cardholder: 21 years old

Resident Status

Anybody

Documents required to apply

You will need to provide several documents such as (varies between different banks):

  • A copy of your IC (both sides) AND
  • EPF statement (showing minimum latest 13 months' record printed from handheld or i-Akaun) OR
  • Latest 1 month's payslip
  • Latest 3 months' bank statements

Fees & Charges

Interest Rate

15% - 18%

Annual Fee

RM 0

Free*

Annual Fee Waiver

Yes

Free for life

Late Payment Fee

RM 50 or 5% of the outstanding amount, whichever is higher

Interest Rate

15%

Features

  • Good for Rewards/Offers

    8X Three-Year Bonus Points for every RM1 spend on e-Commerce (including EV charging via JomCharge!) and eWallet reloads (both capped at RM3,000 per statement cycle). 1X Three-Year Bonus Points for every RM1 spend on all other transactions (including Instalment Payment Plan, Flexi Payment Plan, JomPay and FPX transactions)

  • 0% Balance Transfer promotion for 6 months for New-to-Bank Cardmembers

  • Malaysia's first in-app virtual credit card. Enhanced security feature to mask your real credit card number via temporary Dynamic Card Number (DCN).

Terms and Conditions

Product Disclosure SheetView now
Product Terms and ConditionsView now
Promotions Terms & ConditionView now

Product review by CompareHero

Love shopping online but don't feel safe enough to do it often? The Alliance Bank Visa Virtual Credit Card lets you enjoy the convenience of online shopping by giving you enhanced security features.

Experience enhanced security features

Pay for your online purchases safely with the Alliance Bank Visa Virtual Credit Card's secured payment tool that masks your real credit card number. You'll get a dynamic card number that refreshes every 30 minutes to further protect your real credit card number from scammers.

Receive Three-Year Bonus Points

The Alliance Bank Visa Virtual Credit Card offers more Three-Year Bonus Points than the Gold Visa. The best part of it all, you can redeem exclusive products, gifts and more from the participating merchants.

Here’s a rough breakdown of the Three-Year Bonus Points you’ll be receiving:

CategoryThree-Year Bonus Points Earned
E-commerce transactions (including EV charging via JomCharge) and e-wallet top-ups8 Points (For each RM1 spent)
All other transactions (including Instalment Payment Plan, Flexi Payment Plan, JomPay and FPX transactions)1 Point (For each RM1 spent)

Get zero annual fees forever

Primary and supplementary cardholders of the Alliance Bank Visa Virtual Credit Card can enjoy no annual fees forever. This is a fixed benefit that doesn't require any minimum spend.

Power up and get rewarded with JomCharge!

Calling all EV owners! The Alliance Bank Visa Virtual Credit Card is now your perfect co-pilot. Through a special partnership with JomCharge, you can seamlessly manage your charging sessions directly from your smartphone.

Best of all, you will earn 8x Timeless Bonus Points (TBP) for every Ringgit spent on EV charging within the JomCharge app. Whether you are topping up credits or paying for a quick charge, you are effectively turning your travel costs into future rewards.

Frequently Asked Questions (FAQ)

What are the Alliance Bank Visa Virtual Credit Card requirements?
With a low minimum requirement of only RM2,000, you can apply for the Alliance Bank Visa Virtual credit card. If you are 21 years old and above, you can apply for the primary card. Otherwise, you can apply for the supplementary card if you are 18 years old and above.
Is there an annual fee for the Alliance Bank Visa Virtual Credit Card?
There is no annual fee for the Alliance Bank Visa Virtual Credit Card, it is free for life! However, note that you need to pay the RM25 annual Sales Service Tax (SST) on your Principal Alliance Virtual Credit Card. That said, you will only be charged one SST, regardless of how many virtual cards you create.
What are the fees or charges applied?
There are late payment fees and cash withdrawal fees. The late payment fee is around RM10 or 1%, while the cash withdrawal fee is RM15 or 5% of the total amount.
What are the top benefits of the Alliance Bank Visa Virtual Credit Card?
- Receive 8x Three-Year Bonus Points for e-commerce transactions and e-wallet reloads - Earn 8x Three-Year Bonus Points for EV charging transactions via the JomCharge app - Receive 1x Three-Year Bonus Points for all other spending (including Instalment Payment Plan, Flexi Payment Plan, JomPay and FPX transactions) - No annual fees for life - Able to redeem awesome gifts and products from various merchants - Extra security with a dynamic card number to mask your real credit card number from potential fraud cases
Who is suitable for the Alliance Bank Visa Virtual Credit Card?
This card is a fantastic choice for digital natives and EV owners. If you frequently shop online, use e-wallets, or drive an electric vehicle, the 8x TBP structure allows you to rack up points incredibly fast on your daily necessities. It is also perfect for travelers who want to convert their points into Air Miles, or anyone looking for a "free-for-life" card with advanced security features to protect their online spending.