Visa · Conventional
AMBANK · MALAYSIA
AmBank Visa Platinum Credit Card
Min. annual incomeRM24,000RM2,000 / month equivalent
Principal annual feeRM0
Card networkVisaConventional card
Apple PaySupported
Google PaySupported
THE DETAILS
Benefit breakdown
AmBonus points
| Eligible spend | Points per RM1 |
|---|---|
| Physical overseas retail | 2X |
| Other eligible retail | 1X |
Overseas online purchases do not qualify as physical overseas retail. Petrol, charity, government, e-wallet top-ups, JomPAY / FPX / DuitNow QR, cash, fees and excluded MCCs do not earn points.
Airline redemption examples
| Airline award | AmBonus points required |
|---|---|
| 1,000 AirAsia points | 8,000 |
| 1,000 Enrich points | 18,000 |
| 1,000 Asia Miles / KrisFlyer miles | 25,000 |
Current catalogue ratios are separate from the earn rate. Redemption blocks and availability apply.
Fees & charges
- Principal annual fee
- RM0
- Service tax
- RM25 per issued principal / supplementary card annually; separate from annual fees.
- Retail finance / profit rate
- 15% / 17% / 18% p.a., based on timely repayment history.
- Cash advance fee
- 1.3% of withdrawal plus applicable 8% tax on that fee.
- Cash advance finance rate
- 18% p.a., calculated daily from withdrawal; no interest-free period.
- Minimum payment
- 5% of relevant outstanding balance plus full instalments, tax, arrears and over-limit amounts; minimum RM50, subject to PDS formula.
- Late payment
- 1% of relevant balance; minimum RM10 and maximum RM100.
- Foreign exchange
- Card-network conversion rate plus 1% bank charge.
- Retail grace period
- 20 days from statement date when the statement is paid fully and on time; excludes cash advances.
- Annual-fee waiver
- Lifetime annual-fee waiver for principal and supplementary cards.
Requirements
- Minimum annual income
- RM24,000 (RM2,000 monthly equivalent)
- Principal minimum age
- 21 years; upper age / documentary conditions follow the current application.
Product features
- Card benefits
- 2X AmBonus on eligible physical overseas retail; 1X on other eligible retail.
- Points expiry
- AmBonus points generally expire after three years; check transaction exclusions and the current redemption catalogue.
- Travel insurance / Takaful
- Up to RM500,000 travel accident cover when the full eligible airfare is charged to this card. Insured events, family sublimits, trip duration and exclusions follow the applicable policy; this is not unlimited medical cover.
Annual fees exclude applicable tax and transaction charges. Bank approval and current product terms apply.