Alliance Bank Malaysia provides a variety of credit cards that cater to various consumer interests, such as large bonus points, cashback, cheap fees, and low-income requirements. The cards have 24-hour customer care and global acceptance, with the ability to earn Timeless Bonus Points or cashback on select purchases. They also provide additional benefits such as Enrich Points for Malaysia Airlines, making Alliance Bank credit cards a well-rounded financial tool for daily expenses and vacations.
Table of Contents
Best Alliance Bank Credit Cards Annual Fee Comparison
| Alliance Bank Credit Card | Min. annual income required | Annual fee of principal card | Annual fee of Supplementary card |
| Visa Infinite Credit Card | RM60,000 | RM438 | Waived |
| Visa Signature Credit Card | RM48,000 | RM148 | Waived |
| Visa Platinum Credit Card | RM24,000 | RM120 | Waived |
| Visa Signature Credit Card for Alliance Privilege | RM48,000 | RM148 | Not Applicable |
| Visa Basic Credit Card | RM24,000 | RM20 | RM10 |
| You:nique Gold Credit Card | RM24,000 | RM148 | RM30 |
Top Alliance Bank Credit Cards
1. Visa Infinite Credit Card
Features & Benefits
- Earn 8X Timeless Bonus Points (TBP) on online shopping and top up E-Wallet for every RM1.
- Earn 5X TBP on global transactions, groceries and dining for every RM1.
- Earn 1X TBP on entertainment, auto-billing, contactless transaction and retail transaction for every RM1.
- Enjoy 2X free Plaza Premium Lounge entry in worldwide.
- Enjoy 0% Flexi Payment Plan on global spend, flight ticket and hotel booking for 3 months.
Eligibility
- RM60,000 is the minimum annual income.
- The principal cardholder must be a minimum of 21 years old.
- The supplementary cardholder must be a minimum of 18 years old.
Fees & Charges
- The annual fee is RM438 for the primary card and waived for the supplementary card.
- The annual fee for the first year is free, and the following years are eliminated if you spend RM12,000 every year.
- There is RM25 for sales and services tax on the activation and anniversary dates of each primary and supplementary card.
- The minimum monthly payment is RM50 or 5% of the outstanding amount, depending on what is greater.
- A cost of RM10 or 1% of the outstanding late payment fee, up to a limit of RM100, is levied.
- The cash withdrawal charge is RM15 or 5% of the outstanding amount, whichever is greater.
- Interest rate charges range from 15 to 18% yearly.
2. Visa Signature Credit Card
Features & Benefits
- Enjoy 5% rebate on all retail store such as online shopping, groceries, dining, petrol, utilities, and other retail.
- Enjoy 2X free e-hailing to airport that worth RM80 per ride.
Eligibility
- RM48,000 is the minimum annual income.
- The principal cardholder must be a minimum of 21 years old.
- The supplementary cardholder must be a minimum of 18 years old.
Fees & Charges
- The annual fee is RM148 for the primary card and waived for the supplementary card.
- The annual fee for the first year is free, and the following years are eliminated if you spend RM12,000 every year.
- There is RM25 for sales and services tax on the activation and anniversary dates of each primary and supplementary card.
- The minimum monthly payment is RM50 or 5% of the outstanding amount, depending on what is greater.
- A cost of RM10 or 1% of the outstanding late payment fee, up to a limit of RM100, is levied.
- The cash withdrawal charge is RM15 or 5% of the outstanding amount, whichever is greater.
- Interest rate charges range from 15 to 18% yearly.
Cash Back Rates
| Online Shopping, Groceries, Dining, Petrol, Utilities and Other Retail | |
| Spend RM1-RM1,000 monthly | 0.05% |
| Spend RM1,001-RM2,000 monthly | 0.5% |
| Spend RM2,001-RM3,000 monthly | 5% |
| Spend RM3,001 and above monthly | 0.25% |
| Cash back capped by monthly (RM) | Uncapped |
3. Visa Platinum Credit Card
Features & Benefits
- Earn 8X Timeless Bonus Points (TBP) on online shopping and top up E-Wallet for every RM1.
- Earn 3X TBP on global transactions and dining for every RM1.
- Earn 1X TBP on entertainment, auto-billing, contactless transaction and retail transaction for every RM1.
Eligibility
- RM24,000 is the minimum annual income.
- The principal cardholder must be a minimum of 21 years old.
- The supplementary cardholder must be a minimum of 18 years old.
Fees & Charges
- The annual fee is RM120 for the primary card and waived for the supplementary card.
- The annual fee for the first year is free, and the following years are eliminated if you swipe 12X with no minimum spend.
- There is RM25 for sales and services tax on the activation and anniversary dates of each primary and supplementary card.
- The minimum monthly payment is RM50 or 5% of the outstanding amount, depending on what is greater.
- A cost of RM10 or 1% of the outstanding late payment fee, up to a limit of RM100, is levied.
- The cash withdrawal charge is RM15 or 5% of the outstanding amount, whichever is greater.
- Interest rate charges range from 15 to 18% yearly.
4. Visa Signature Credit Card for Alliance Privilege
Features & Benefits
- Enjoy up to 8% cashback on all your personal and business transactions
- 0% Flexi payment plan with 12 months on private school fees, medical bills, luxury brand, and online media fee.
- Enjoy 4X complimentary access to Plaza Premium First and Plaza Premium Lounge worldwide.
- Enjoy 2X e-hailing rides to the airport worth RM80.
Eligibility
- RM48,000 is the minimum annual income.
- The principal cardholder must be a minimum of 21 years old.
- Exclusive for Alliance Privilege or Alliance Personal customers with Asset Under Management of RM300,000 and above.
Fees & Charges
- The annual fee is RM148 for the primary card.
- The annual fee for the first year is free, and the following years are eliminated if you spend a minimum of RM12,000 annually.
- There is RM25 for sales and services tax on the activation and anniversary dates of each primary and supplementary card.
- The minimum monthly payment is RM50 or 5% of the outstanding amount, depending on what is greater.
- A cost of RM10 or 1% of the outstanding late payment fee, up to a limit of RM100, is levied.
- The cash withdrawal charge is RM15 or 5% of the outstanding amount, whichever is greater.
- Interest rate charges range from 15 to 18% yearly.
5. Visa Basic Credit Card
Features & Benefits
- Enjoy a 0% Instalment Payment Plan on participating merchants.
- Enjoy exclusive privileges and discounts.
- Low annual fee charges
- Low requirements for annual income
Eligibility
- RM24,000 is the minimum annual income.
- The principal cardholder must be a minimum of 21 years old.
- The supplementary cardholder must be a minimum of 18 years old.
Fees & Charges
- The annual fee is RM20 for the primary card and RM10 for the supplementary card.
- The annual fee for the first year is free, and the following years are eliminated if you spend a minimum of RM5,000 annually or 12 swipes.
- There is RM25 for sales and services tax on the activation and anniversary dates of each primary and supplementary card.
- The minimum monthly payment is RM50 or 5% of the outstanding amount, depending on what is greater.
- A cost of RM10 or 1% of the outstanding late payment fee, up to a limit of RM100, is levied.
- The cash withdrawal charge is RM15 or 5% of the outstanding amount, whichever is greater.
- Interest rate charges range from 15 to 18% yearly.
6. You:nique Gold Credit Card
Features & Benefits
- Enjoy great savings with a low interest rate of 9% per year.
- Enjoy unlimited cash rebates of up to 3% on all retail purchases, without any restrictions on petrol, groceries, or specific merchants.
- Earn 1X TBP for every RM1 spending.
Eligibility
- RM24,000 is the minimum annual income.
- The principal cardholder must be a minimum of 21 years old.
- The supplementary cardholder must be a minimum of 18 years old.
Fees & Charges
- The annual fee is RM1480 for the primary card and RM30 for the supplementary card.
- The annual fee for the first year is free, and the following years are eliminated if you spend a minimum of RM5,000 annually or 12 swipes.
- There is RM25 for sales and services tax on the activation and anniversary dates of each primary and supplementary card.
- The minimum monthly payment is RM50 or 5% of the outstanding amount, depending on what is greater.
- A cost of RM10 or 1% of the outstanding late payment fee, up to a limit of RM100, is levied.
- The cash withdrawal charge is RM15 or 5% of the outstanding amount, whichever is greater.
- Interest rate charges range from 15 to 18% yearly.
Alliance Bank Credit Card Promotion and Bonuses
- Enjoy a 10% discount with no minimum spend with your Alliance credit card on Lost x Found, Kuala Lumpur. This campaign period is until the last date of 2024.
- Enjoy a 5% cashback when shopping online at 99 Speedmart with your Alliance Bank Visa Credit Card. This is a CNY promotion, and the campaign period is until 30 Apr 2024.
Grab complimentary twin-seat GSC tickets, 50% off on twin-seat tickets, 20% off dine-in at Velvet, Buy 1 Free 1 Premiere Class Movie Tickets and 20% off for popcorn combo. All the promotions are applicable to Alliance Bank Credit Card users and this campaign is until 28 February 2024.
Attractive balance transfer rates
Cardholders can use the balance transfer programme to move outstanding amounts from other credit cards to the Alliance Bank credit card at a cheaper interest rate. This campaign assists cardholders in better managing their debts, resulting in lower interest payments.
Unlimited cash rebates
The Alliance Bank credit card also offers unlimited cash rebates on purchases. Cardholders can receive cash rebates on a variety of purchases, including restaurants, grocery, gas and more. This means that the more you spend, the more cash rebates you’ll get, with no cap. The unrestricted cash rebates are a great way to save money on ordinary purchases, and they are an important part of the Alliance Bank credit card promotion.
Timeless bonus points
The Alliance Bank credit card also provides ongoing bonus points for spending. These bonus points can be accumulated over time and redeemed for a number of rewards, including vouchers, electronics, and even air miles. The time-tested bonus point programme encourages Alliance Bank credit cardholders to use their card for everyday purchases, resulting in extra rewards and savings.
Features and benefits of Alliance Bank Credit Cards
Alliance Bank credit cards have a variety of features and benefits tailored to meet the diverse demands of its customers. The Alliance Bank credit card offers a wide range of incentives, from cashback and rewards points to travel bonuses and security features, making it a handy financial tool.
Cashback and Rewards
The majority of Alliance Bank credit cards provide cashback on specified areas of spending, such as dining, groceries, and gas. Some cards even provide unlimited cashback on all spending categories, making it easy to earn rewards on regular purchases. The Alliance Bank credit card also includes a rewards programme, which allows customers to earn points for every ringgit spent. These points can be exchanged for a number of rewards, including certificates, electronic devices, and even air miles.
Security Features
Alliance Bank prioritises security, and their credit cards include many security safeguards to protect cardholders from fraud. EMV chip technology, which adds an extra layer of protection to card transactions, and SMS transaction alerts, which notify cardholders of any questionable behaviour on their card, are two examples.
Flexible Payment Options
The Alliance Bank credit card also provides customers with numerous payment alternatives, helping them to better manage their money. Cardholders can pay the minimum payment, the full amount, or any amount in between, allowing them to control their financial flow. The card also includes an installment payment plan, which allows cardholders to divide significant purchases into smaller, more manageable monthly installments.
Which Alliance Bank Credit Card Is Right For You?
Choosing the correct credit card is critical for good financial management. Alliance Bank has a number of credit cards available, each with its own set of features and rewards. Consider your spending habits and what you value most in a credit card – cashback, rewards, or other advantages – to discover which Alliance Bank credit card is best for you.
Alliance cashback credit card
If you make a lot of purchases and want a card that provides you cash back, the Alliance Bank Visa Platinum Credit Card might be for you. This card provides rewards on regular transactions such as groceries, gas and utility bills. The more you spend, the more money you get back. This is especially useful if you use your card for the majority of your everyday expenses.
Alliance rewards credit card
Those who prefer earning rewards points over cashback may pick the Alliance Bank Visa Signature Credit Card or the Alliance Bank Visa Infinite Credit Card. These cards allow you to earn points for RM1 spent, which you can then redeem for a range of prizes like as vouchers, electronics, or air miles. The Visa Infinite Credit Card, in example, provides extra benefits such as free travel insurance and access to airport lounges globally.
How to Apply for a Alliance Bank Credit Card?
Choosing the right Alliance Bank credit card for your needs is a crucial decision, but once you’ve made that decision, the application procedure is simple. We will walk you through the Alliance Bank credit card application procedure.
Eligibility Criteria: What You Need to Know Before Applying
| Eligibility | |
| Age | The minimum age required is 21 years for primary cardholders and 18 years for secondary cardholders. |
| Residency Status | Everyone |
| Income Requirement for Monthly |
Visa Infinite Credit Card – RM5,000 Visa Signature Credit Card – RM4,000 Visa Platinum Credit Card – RM2,000 Classic Credit Card – RM4,000 Visa Basic Credit Card – RM2,000 You:nique Gold Credit Card – RM2,000 |
Step-by-Step Guide to the Application Process
Prepare the general documents wanted for an Alliance Bank credit card application, such as the ones listed below, to speed up your Alliance Bank credit card application.
| Documents to Apply for Alliance Bank Credit Card | |
| Salaried Employee | Self-Employed |
|
✅Copy of IC for both slides ✅Latest 3 months’ salary slips ✅Latest 3 months bank statements |
✅Copy of IC for both slides ✅Bank statements for the previous 6 months of the company ✅Copy of the Business Registration Certificate ✅Latest B form with an official tax receipt ✅Latest EPF statement. |
After Your Application: Approval Process and Receiving Your Card
Application Review
Alliance Bank will assess your application as the first step in the approval process. This entails checking the information you provided and determining your creditworthiness. To assess if you are eligible for the credit card you applied for, the bank will look at your credit score, income, and any other relevant information. This procedure could take several business days.
Approval or Rejection
Alliance Bank will either approve or refuse your credit card application after reviewing it. If your application is granted, you will be notified, typically via email or SMS, of the approval and the credit limit assigned to you. If your application is denied, you will be notified, and it may be helpful to contact the bank to learn why your application was denied and what you can do to enhance your chances of approval in the future.
Receiving Your Card
Once your Alliance Bank credit card application has been approved, your card will be printed and mailed to you. This procedure could take up to two weeks. To avoid delays in obtaining your card, ensure that your mailing address is correct.
Activating Your Card
You must activate your card after getting it before you can use it. The activation process will be detailed in the paperwork that arrives with your card. Typically, it entails contacting the bank’s customer care or activating it through online banking.
Checking Your Alliance Bank Credit Card Application Status
You can verify the progress of your Alliance Bank credit card application by contacting the bank’s customer service department or by checking online. To check your status, you may be required to enter your application reference number or other identifying information.
Conclusion: Choosing the Right Credit Card for Your Needs
Choosing the correct credit card is critical for good financial management. From cashback to rewards cards, the Alliance Bank credit card portfolio has something for everyone. Before selecting on the best credit card for you, consider your spending habits, needs, and financial goals. Additionally, keep an eye out for the most recent Alliance Bank credit card deal to get the most out of your chosen card.
If you’re interested on finding other best credit cards, you can visit our Best Credit Card in Malaysia page.
**Disclaimer
This content is given for general informational purposes only and should not be construed as financial or legal advice. While we make every effort to deliver accurate and up-to-date information, we make no guarantees or representations on the completeness, accuracy, or reliability of any material supplied. Alliance Bank credit card terms and conditions, including any incentives, are subject to change at the bank’s discretion. As a result, for the most current and personalised financial advice, it is best to speak directly with Alliance Bank or a trained financial counsellor. Any information supplied here is used entirely at your own risk.
