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AmBank Cash Rebate Visa Platinum

AmBank Cash Rebate Visa Platinum

AmBank Cash Rebate Visa Platinum

RM 2,000Min. monthly income
RM 0Annual Fee
18% p.aInterest Rate

Lifestyle spending gets even better with this AmBank cashback credit card. Get up to 10% cash rebates on online transactions, shopping and groceries, dining and public transport spending!

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Eligibility

Minimum monthly income

RM 2,000 (RM 24,000 annually)

Min. Age

Cardholder: 21 years old
Supplementary Cardholder: 18 years old

Resident Status

Anybody

Document required to apply

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

  • A copy of your IC (both sides)
  • Latest 1-3 months salary slip
  • Latest 3 months bank statement
  • Latest EPF statement (3 months)
  • Latest B/BE Form/E-Filing with official tax receipt

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%

Benefits

  • Earn 10% cash rebates, capped at RM10 monthly, for Online Transactions, Shopping and Grocery, Dining, plus Public Transport spending. Other retail spending gets you 0.2% cashback, unlimited! Spending below RM1,500 on all categories every month earns you unlimited 0.2% cashback.

Terms and Conditions

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Product review by CompareHero

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 RebateMaximum Cap (Monthly) Based On Each Category
RM1,500 and above10%RM10
Less than RM1,5000.2%Unlimited

Frequently Asked Questions (FAQ)

What are the AmBank Cash Rebate Visa Platinum requirements?
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.
What are the fees or charges applied for the AmBank Cash Rebate Visa Platinum?
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.
What are the top benefits of the AmBank Cash Rebate Visa Platinum?
• 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!
Who is the AmBank Cash Rebate Visa Platinum suitable for?
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.
Is there an annual fee for the AmBank Cash Rebate Visa Platinum?
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.