What is Alliance Bank FastCash Plans?
This is a credit facility provided by Alliance Bank which allows you to withdraw cash from your credit cards at ATMs and over-the-counter nationwide, subject to terms and conditions.
FastCash Plans works like a personal 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. The higher the amount you transfer, the better as you will get 500 Timeless Bonus Points (TBP) when you apply for a cash loan worth RM10,000.
How can I apply for this credit facility?
First, you need to complete the application form. Then you can submit the printed document via fax at 03 5638 3667 or drop it to the nearest branch. Once submitted, you can also call the bank at 03 8073 7888 to check on the status of your application.
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.