Alliance Bank Balance Transfer Plan

Switch to the Alliance Bank Balance Transfer Plan to enjoy low interest rates starts from 9.88% p.a. when you transfer a minimum of RM1,000. You can even earn reward points on your transferred balance.

Alliance Bank Balance Transfer Plan
Best Interest Rate
2.99% p.a.
Minimum Transfer
RM1,000
Max Duration
48 months
Related products
Choice of up to 0 cards

Low Interest Plans

Transfer your debt now to enjoy special low interest fees each month!

Pay OverWith Interest Rate AtWhen You Transfer
6 months2.99% p.a. and  no one-time upfront handling feefrom RM1,000
12 months9.88% p.a. and  no one-time upfront handling feefrom RM1,000
18 months9.88% p.a. and  no one-time upfront handling feefrom RM1,000
24 months9.88% p.a. and  no one-time upfront handling feefrom RM1,000
48 months9.88% p.a. and  no one-time upfront handling feefrom RM1,000

Fees & Charges

Early Termination Fee
None

How to apply

Stay afloat in the vast ocean of your credit card debts with Alliance Bank Balance Transfer Plan.

1. Fill up your basic contact details on the online application form and expect a call from a sales representative.
2. Or, call Customer Service at 03 5516 9988.
3. Alternatively, go to the nearest Alliance branch to apply.

More Information

It's time to stop paying high interest rates on your credit card’s outstanding balance. So save your money by bringing over your overdue balance with Alliance Bank’s Balance Transfer Plan.

How does Alliance Bank Balance Transfer Plan work?

All existing and new Alliance Bank credit cardholders can apply for this balance transfer to transfer your outstanding balances from other credit cards to your Alliance Bank credit card.

Alliance Bank offers a special balance transfer interest rate of 9.88% p.a. for 12 to 48-months tenures with at least RM1,000 balance transfer made to your new Alliance Bank credit card.

For a limited time until 28 February 2021, get 2.99% p.a. on your balance transfer amount when you transfer a minimum of RM1,000 from other credit cards to Alliance Bank credit card for 6 months.

This promotion is valid for all new-to-bank customers only who submitted the BT application within 60 days from card approval date.

I am late on my monthly repayments. Any charges for that?

If you are late on your monthly repayments, you will need to pay a 1% late penalty fee of the total outstanding balance or RM10, whichever is higher. The maximum penalty will go as high as RM100.

What if I fail to make full repayments during the period?

In this case, the interest rate will revert to the prevailing interest rate of 18%, which is the highest credit card interest rate. This rate will be maintained until the date of full settlement.

Can I terminate this balance transfer plan?

You can terminate or discontinue your Alliance Bank Balance Transfer Plan without paying any exit or early settlement fee. Nonetheless, you’ll still have to settle the total outstanding principal balance, otherwise the interest rate will revert to 18% p.a..