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)
Special Offers
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Product details
Product details
Features
Good for
Cashback
10% cashback for Online Spend, Retail Shopping and Groceries, Dining and Public Transport Spend (minimum monthly spend of RM1,500 and above, capped at RM10 per month)
0.2% unlimited cashback for Other Retail Spend (minimum monthly spend of RM1,500 and above)
0.2% unlimited cashback for Online Spend, Retail Shopping and Groceries, Dining, Public Transport, and Other Retail Spend (minimum monthly spend less than RM1,500)
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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
Product review by 
Product review by
A cash rebate credit card that rewards you for all your important monthly transactions! With a low minimum income requirement, anyone from all income groups can afford this credit card and find it useful in the long run.
Enjoy up to 10% cash rebates for your lifestyle spending
Whether you swipe your Ambank Cash Rebate Visa Platinum on retail shopping and groceries, public transportation, online transactions or dining out, you’ll receive up to 10% cash rebate right away.
However, it depends on how much you're spending. Find the table below for the exact cash rebate you’ll receive based on different spending amounts:
| Total Spending Amount (Monthly) | Cash Rebate | Maximum Cap (Monthly) Based On Each Category |
|
RM1,500 and above |
10% |
RM10 |
|
Less than RM1,500 |
0.2% |
Unlimited |
FAQs
FAQs
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 10% cash rebate for online shopping, retail shopping and groceries, dining out and public transportation spending
- - Gain an unlimited 0.2% cash rebate on other retail spending
- - 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.
