Alliance Bank Business Platinum MasterCard credit card

Alliance Bank Business Platinum MasterCard

Extra savings on each business transactions with a platinum MasterCard that gives you an extended interest-free period and cashback on all purchases.

  • 15% p.a. interest rate
  • 26 days interest-free period
  • up to 1.25% cashback
  • RM438.00 annual fee
  • Earn up to 1x reward point 
View product disclosure sheet.


Because you should be rewarded for giving the bank your business

Extra savings all year round when you swipe with your Alliance Bank business credit card. Enjoy 1.25% cash rebates on your total monthly purchases every month and an exceedingly high cap.
Discover how much you can save when you shop with your new Alliance Bank Business Platinum MasterCard
Cashback CategoryCashback RateMonthly CapSpend
All RetailSpendfrom RM1 up to RM200000 monthly1.25%RM2500from RM1 up to RM200000 monthly
Travel easy with complimentary Plaza Premium Airport Lounge access at KLIA whenever you're going places for business. Terms and conditions apply for this access pass.
Extend your charge free period up to 56 days on all purchases, or sign up for a 13% cash rebate for your total interest paid each year.

Fees & Charges

There are always fees but how much are they?

Annual Fee
  • Free for life for Company
  • First year free
  • Waived when you spend RM5,000 on retail or swipe 12 times each year
Annual Fee for Supplementary Card
Sales and Service Tax
RM25 on each principal and supplementary card upon approval and anniversary date
Minimum monthly payment
RM50 or 5% of outstanding amount
Late payment fee
RM10 or 1% of outstanding amount, up to a maximum of RM100
Cash withdrawal fee
RM15.00 or 5.00% of withdrawn amount, whichever is higher
Interest Rate on Cash Withdrawals
Daily Maximum Cash Withdrawal
75% of total amount


Are you eligible for this credit card?

Minimum annual income
Who can Apply
Any Business

Alliance Bank Business Platinum MasterCard review

What's so good (or not so good) about it?

Made with small and medium enterprises in mind, the Alliance Business Platinum MasterCard is tailored to offer both flexibility and convenience to manage the expenses of running a business.

Extra Savings and More Options with Alliance Bank Business Platinum MasterCard

Owning a small business can be hard especially if you are denied the ability to open up a line of credit. 

With the Alliance Business Platinum MasterCard however, you are granted a line of credit both as working capital and a readily available payment tool.

It allows your business to have flexible cash flow with a minimum credit limit of RM10,000, up to a maximum of RM250,000.

The Alliance Business Platinum MasterCard also gives you more savings by waiving the annual fee for cards registered to your business or company.

Annual fees for cards registered to a company nominee is waived.

More Cashback

It’s true that the Alliance Business Platinum MasterCard offers you the greatest savings, but it also offers great cash backs when you spend more.

Small businesses can be costly, but now when you spend between RM 1 and RM 200,000 you are entitled to the cashback rate of 1.25%. Earn up to RM2,500 cashback the more you spend.

Added Benefits

Like the gift that keeps on giving, the Alliance Business Platinum MasterCard offers you complimentary Plaza Premium Airport Lounge access at KLIA

So, travelling for business just got a whole lot more exciting.

Travel perks aside, for a business owner who is inspired by ownership and would like a branding opportunity, this card has a customisation feature just for you.

For the small sum of RM106, you can personalise your credit card with your company logo. 

All you need to apply for this card is an annual income of RM60,000 and you’re good to go.

Alliance Bank Business Platinum MasterCard Finance Charge

What is the interest rate imposed on repayments?

Conditions of Repayments Tiered Interest Rate (Per Annum)
Prompt Repayment every month 15%
Prompt Repayment 10 out of 12 months 17%
Prompt Repayment less than 10 out of 12 months AND New Cardmembers 18%

Previously, finance charge is only imposed on the below that are not paid after the payment due date:

  • Retail transaction - finance charge is calculated from the posting date till full payment is made
  • cash advances/withdrawal transaction - finance charge is calculated from the transaction date

The finance charge is now based on the prevailing tiered interest rate (above) that will be imposed on any of your outstanding balance including All Fees and Charges (except late payment charges).

These are carried forward from the previous statement until the outstanding balances are settled in full.

All Fees and Charges include:

  • Retail Transactions
  • Annual Fee
  • Cash Advance Fee
  • Card Replacement Fee
  • Statement Copy Fee
  • Sales Draft Retrieval Copy Fee
  • Any other form of service of miscellaneous fee (if any) EXCEPT Late Payment Charges

Late Payment Charge of 1% will be imposed if the minimum payment is not made by the payment due date. This is subject to a minimum of RM10, whichever is higher up to a maximum of RM100.

This change on Finance Charge will not have any impact if you do not have any unpaid outstanding balance.

In fact you will continue to enjoy a 20 days interest-free period, provided that the outstanding balances of your Alliance Bank Business Platinum MasterCard carried forward from the previous month's statement cycle are paid in full.

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