6th September 2022 - 2 min read
Alliance Bank has announced that it is revising the conversion rate of its Timeless Bonus Points (TBP) for Enrich Points, which is set to take effect from 1 October 2022.
Following the revision, Alliance Bank’s clients will need 10,000 TBP in order to redeem 1,000 Enrich Points. At present, you can redeem the same amount of 1,000 Enrich Points with 6,000 TBP. Here’s a table to summarise:
|Enrich Points||Current conversion rate|
(before 1 October 2022)
|New conversion rate|
(after 1 October 2022)
|1,000 Enrich Points||6,000 TBP||10,000 TBP|
Meanwhile, the conversion rate for 1,000 airasia points remains unchanged at 3,000 TBP. Alliance Bank currently only offers the redemption of Enrich Points and airasia points under its “Air Miles” category.
This revision only applies to the conversion rate for Enrich Points, with the rest of Alliance Bank’s TBP catalogue remaining unchanged. Since Alliance Bank’s TBP is evergreen (which means your points will not expire) you have plenty of time to collect your points to redeem big-ticket items if air miles are not your interest.
Alliance Bank’s clients are able to earn TBP from a wide range of services and products, including the bank’s credit cards, deposits, loans, and unit trust investments. Some of Alliance Bank’s most rewarding rewards points credit cards to collect TBP include the Alliance Bank Visa Infinite and Platinum credit cards, which allows you to earn up to 8x TBP for every RM1 spent on selected purchases.
(Source: Alliance Bank)
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