What is Alliance Bank FastCash Plans?
This is a credit facility provided by Alliance Bank which allows you to withdraw cash from ATMs and over-the-counter at authorised financial agencies. You'll first pay an upfront fee based on the amount withdrawn (minimum of RM1,000 per transaction) based on the rates offered by your credit card.
FastCash Plans works like a loan, you'll then be required to repay in monthly instalments the entire length of your selected repayment period, either 12, 24 or 36 months.
How much cash can I withdraw?
Alliance Bank FastCash allows you to withdraw up to 80% of your available credit limit.
What happens if I do not pay my monthly instalments?
If you do not pay your monthly instalments in full, you'll be charge 18% interest rates until the date of your full settlement on the remaining outstanding balance.
A late payment charge of 1% of the monthly payment or RM10, whichever is higher, will also be charged to your credit card account.