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, you can reach out to Alliance Bank's customer service at 03 5516 9988.
3. Alternatively, you may visit the nearest Alliance Bank branch to make an application.

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 the Alliance Bank Balance Transfer Plan work?

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

Alliance Bank offers a special balance transfer interest rate of 9.88% p.a. for 12 to 24-month tenures with at least RM1,000 balance transfer made.

For a limited time until 31 December 2024, get 0% 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 Alliance Bank BT application within 60 days from the card approval date. Terms and conditions apply.

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% per annum.