Best Ambank Credit Cards in Malaysia

In Malaysia, there are a lot of credit cards, but Ambank credit cards stand out in 2024 because they offer perks like loyalty points, cash back, and exclusive travel bonuses. Check out this guide to find the best Ambank credit card for you, whether you want benefits for eating out, shopping online or taking trips around the world.

Best Ambank Credit Cards Annual Fee Comparison

Top Ambank Credit Cards 

1. Islamic Visa Inifinite Card-i

Features & Benefits

• Earn 5X AmBonus Points on global retail transactions.
• Earn 1X AmBonus Points on local retail spending.
• Enjoy 5X free Plaza Premium Lounge entry worldwide every year.
• Enjoy 1 for 1 dining deals in Shangri-La Malaysia
• Enjoy golf privileges.
• Enjoy Club Marriott Malaysia privileges.
• Enjoy up to RM2 million travel insurance protection.

Eligibility

• RM120,000 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 waived for the primary card and the supplementary card.
• 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 RM50 or 5% of the outstanding amount, whichever is greater.
• Interest rate charges range from 15 to 18% yearly.

2. Cash Rebate Visa Platinum Card

Features & Benefits

• Enjoy 8% cash back on groceries, pharmacy and online spending.
• Enjoy unlimited 10% interest cashback with minimum retail spending of RM500 per month.
• Enjoy up to RM500,000 travel insurance protection.

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 waived for the primary card and the supplementary card.
• 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 RM50 or 5% of the outstanding amount, whichever is greater.
• Interest rate charges range from 15 to 18% yearly.

Cash Back Rates

3. Islamic Visa Platinum CARz Card-i

Features & Benefits

• Enjoy up to 5% cash back on petrol fueling.
• Earn 1X AmBonus Point for every RM1 on local retail spending.
• Earn 2X AmBonus Points on global retail 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 waived for the primary card and the supplementary card.
• 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 RM50 or 5% of the outstanding amount, whichever is greater.
• Interest rate charges range from 15 to 18% yearly.

Cash Back Rates

4. AmBank Islamic Mastercard Carz Card

Features & Benefits

• Enjoy 5% cashback on petrol spending.
• Earn 1X AmBonus Point for every RM1 on all local retail spending.
• Enjoy amazing 30 deals on your essentials every day.
• Enjoy a free annual fee for life.

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 waived for the primary card and the supplementary card.
• 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 RM50 or 5% of the outstanding amount, whichever is greater.
• Interest rate charges range from 15 to 18% yearly.

5. AmBank TRUE Visa Card

Features & Benefits

• Enjoy 3% cashback for online spending.
• Enjoy amazing 30 deals on your essentials everyday.
• Enjoy a free annual fee for life.

Eligibility

• RM36,000 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 waived for the primary card and the supplementary card.
• 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 RM50 or 5% of the outstanding amount, whichever is greater.
• Interest rate charges range from 15 to 18% yearly.

6. Islamic Visa Platinum Card-i

Features & Benefits

• Enjoy Travel Takaful Coverage up to RM500,000.
• Earn 1X AmBonus Point for every RM1 on local retail spending.
• Earn 2X AmBonus Points on global retail 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 waived for the primary card and the supplementary card.
• 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 RM50 or 5% of the outstanding amount, whichever is greater.
• Interest rate charges range from 15 to 18% yearly.

7. UnionPay Platinum Card

Features & Benefits

• Enjoy Travel Takaful Coverage up to RM1 million.
• Enjoy 2X complimentary access to Plaza Premium Lounge.
• Earn 0.5X AmBonus Point for every RM1 on local retail spending.
• Earn 5X AmBonus Points for every RM1 on global retail spending.

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 RM450 for the primary card and RM250 for the supplementary card.
• Waived for first year and when you spend RM20,000 yearly in the subsequent years.
• 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 RM50 or 5% of the outstanding amount, whichever is greater.
• Interest rate charges range from 15 to 18% yearly.

8. AmBank M-Platinum Card

Features & Benefits

• Earn 3X BonusLink Points for every RM20 on local spending.
• Earn 6X BonusLink Points for every RM20 on global spending.
• Enjoy Travel Insurance Coverage up to RM2 million.

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 RM450 for the primary card and RM250 for the supplementary card.
• The annual fee can be offset with 15,000 BonusLink Points.
• 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 RM50 or 5% of the outstanding amount, whichever is greater.
• Interest rate charges range from 15 to 18% yearly.

9. BonusLink Visa Signature

Features & Benefits

• Enjoy Travel Takaful Coverage up to RM2 million.
• Enjoy 6X complimentary access to Plaza Premium Lounge.
• Earn 3X AmBonus Point for every RM20 on local retail spending.
• Earn 6X AmBonus Points for every RM20 on global retail spending.
• Earn 30X AmBonus Points for every RM20 on selected petrol stations, dining, groceries, online transactions and entertainment.

Eligibility

• RM80,000 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 RM550 for the primary card and RM300 for the supplementary card.
• Waived for the first 2 years and when you swipe 12 times yearly in the subsequent years.
• 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 RM50 or 5% of the outstanding amount, whichever is greater.
• Interest rate charges range from 15 to 18% yearly.

10. AmBank SIGNATURE Priority Banking

Features & Benefits

• Earn 5X AmBonus Point for every RM1 on global retail spending.
• Earn 1X AmBonus Point for every RM1 on local retail spending.
• Enjoy Travel Insurance Protection up to RM2 million.
• Enjoy unlimited complimentary access to Plaza Premium Lounge.
• Enjoy Club Marriott Malaysia Privileges.
• Enjoy Golf Privileges.

Eligibility

• RM120,000 is the minimum annual income.
• Only applicable to those who are invited.
• 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 waived for the primary card and supplementary card.
• 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 RM50 or 5% of the outstanding amount, whichever is greater.
• Interest rate charges range from 15 to 18% yearly.

Ambank Credit Card Promotion and Bonuses

• Win a business class trip for 2 to the Olympic Games Paris 2024 and RM5,000 cashback with an Ambank Visa Card.
• Earn up to RM118 and RM888 cashback and cash reward with a new Ambank Visa Credit Card.
• Enjoy up to 60% cashback on your festive dining with Ambank Signature Priority Banking Credit Card
• Earn up to RM2,000 loyalty credits with Ambank Visa Infinite Credit Card.
• Offset RM25 Credit Card Service Tax with AmBonus or BonusLink Points.

AmBank has a variety of promotions and benefits that are constantly updated to benefit their clients. Mooncake is a must-have during the Mid-Autumn Festival, thus AmBank Credit Card collaborates with numerous merchants to provide discounts to AmBank Credit Card users.

Interest in RM118 cashback and iPad Pro? Then you should look for this good news. If you are a new user, you should apply, activate and spend with your new AmBank Visa Credit Card to grab the cashback and iPad Pro.

Love to enjoy food? If you have an Ambank SIGNATURE Priority Banking Visa Infinite Credit Card, you can enjoy up to 60% rebate when you dine.

Features and benefits of Ambank Credit Cards

With its broad products geared to various income levels and demographics, an AmBank credit card distinguishes out in the Malaysian market. These cards provide appealing benefits such as loyalty points, cash rebates, and travel incentives. Dive into the details as we further explore these features in the next sections.

Loyalty Points for Ambank Credit Card

AmBank credit cards, such as the AmBank Signature Priority Banking Visa Infinite and the AmBank Cash Rebate Visa Platinum, are more than just transactional instruments; they also serve as entry points to a wealth of benefits. The loyalty points stand out among these features. Cardholders can earn AmBonus points with every transaction, which can be used for vouchers, lifestyle products, and more. Because of these appealing reward programmes, the Ambank credit card is a popular choice among discerning consumers aiming to maximise their expenditure.

Cash Rebate with Ambank Credit Card

The AmBank Cash Rebate Visa Platinum credit card offers large cash rebates to consumers. Cardholders can earn up to 8% cashback on purchases made online, at grocery stores, and at pharmacies. The refunds are divided into tiers based on monthly spending, with the top tier providing an 8% cash rebate. This Ambank credit card ensures that consumers receive significant returns on their spending, maximising their savings in areas such as groceries and online shopping.

Travel Benefits with AmBank Credit Cards

Travel benefits distinguish AmBank credit cards, particularly the AmBank BonusLink Visa Signature and AmBank Islamic Visa Infinite Card-i. BonusLink Visa Signature cardholders are eligible for up to five airport lounge tickets and RM2 million in travel insurance. The Islamic Visa Infinite Card-i, designed for discriminating travellers, not only allows for the conversion of reward points into air miles but also offers up to RM2 million in travel Takaful coverage, providing peace of mind when travelling with the Ambank credit card.

Flexible Credit Lines with Ambank Credit Card

AmBank credit cards provide flexible credit levels, easy payment plans, and reasonable interest rates. These cards enable customers to manage their funds more effectively. Furthermore, the AmBank QuickCash feature allows you to access emergency funds with flexible repayment terms.

How to Apply for a Ambank Credit Card?

Choosing the right Ambank 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 Ambank credit card application procedure.

Eligibility Criteria: What You Need to Know Before Applying

Step-by-Step Guide to the Application Process

Prepare the general documents wanted for an Ambank credit card application, such as the ones listed below, to speed up your Ambank credit card application.

After Your Application: Approval Process and Receiving Your Card

Application Submission

To apply for an Ambank credit card, interested persons must provide the above-mentioned documentation. Minimum monthly income criteria vary depending on the card type, ranging from RM2,000 to RM10,000, with some cards even requiring an invitation.

Application Status Check

After submission, applicants might want to regularly check your Ambank credit card application status. You are allowed status checks through their online portals, customer service lines, or by visiting the bank’s branch.

Approval Notification

Applicants are normally advised of the outcome once the bank processes the application. This could be accomplished through a variety of channels, including SMS, email, or a real letter.

Receiving Your Card

Upon approval, the credit card is normally couriered to the applicant’s registered address. It could take anything from a few days to a few weeks, depending on the bank’s processing time and the courier service.

Card Activation

New cardholders must activate their cards immediately after receiving them. Activation can occasionally be done by calling a designated Ambank credit card contact number or going online to the bank’s website.

Customer Service Assistance

If there are any issues during the approval process or with receiving the card, reaching out to Ambank customer service would be the best course of action. They can provide support and address any concerns related to the credit card application process.

Conclusion: Choosing the Right Credit Card for Your Needs

AmBank, one of Malaysia’s major banking companies, provides a wide range of credit cards that cater to different demographics and income levels. An AmBank credit card is designed to satisfy a wide range of financial lifestyles, with options such as loyalty points, cashback, and travel benefits. Given the abundance of options, knowing individual demands and properly evaluating characteristics is critical in selecting the most advantageous 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. AmBank 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 AmBank or a trained financial counsellor. Any information supplied here is used entirely at your own risk.

Frequently Asked Questions