Alliance Bank MasterCard Platinum credit card

Also available as Visa

Alliance Bank MasterCard Platinum

Explore the world with a credit card that gives you platinum travel privileges, Enrich Miles and BIG Points on each spend and a higher credit limit.

  • 15% p.a. interest rate
  • 20 days interest-free period
  • 2.99% p.a. balance transfer over 6 months
  • RM438.00 annual fee
  • Earn up to 3x reward points 
View product disclosure sheet.


Because you should be rewarded for giving the bank your business

Collect 3x Timeless Bonus Points on overseas retail purchases. Reward points are evergreen and can be redeemed with gifts, products, services and air miles!
Timeless Bonus Points
3 points on every RM1on all overseas retail spends
1 point on every RM1on all local retail spends
Rewards points earned never expires
Balance Transfer
Enjoy low interest rates and flexible repayment terms up to 24 months when you transfer a minimum outstanding balance of RM1,000 into Alliance Bank credit card.
Pay OverWith Interest Rate AtWhen You Transfer
6 months2.99% p.a. and no one-time upfront handling feefrom RM1000 
12 months9.88% p.a. and no one-time upfront handling feefrom RM1000 
18 months9.88% p.a. and no one-time upfront handling feefrom RM1000 
24 months9.88% p.a. and no one-time upfront handling feefrom RM1000 
48 months9.88% p.a. and no one-time upfront handling feefrom RM1000 
Learn more about Alliance Bank Balance Transfer Plan
Easy Payment Plan (EPP)
Instalment Payment Plan at 0% p.a. interest rate at participating merchants.
Get 1,000 MAS Enrich Points with a simple exchange of 6,000 TBP. Or, you can opt for 1,000 AirAsia BIG Points in exchange for 3,000 TBP.
Enjoy exclusive discounts and privileges at participating merchants.

Fees & Charges

There are always fees but how much are they?

Annual Fee
  • Free for first year
  • Waived when you spend RM5,000 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RM15.00 or 5.00% of withdrawn amount, whichever is higher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
100% of total amount


Are you eligible for this credit card?

Minimum annual income
Minimum age for primary card holder
21 years old
Minimum age for supplementary card holder
18 years old
Who can Apply


Get some extra help from your credit card when you need it most

Cash Advance / Cash Loan
Alliance Bank FastCash
Cash Advance is a loan against the credit limit of your card at a reasonable rate.
Balance Transfer
Alliance Bank Balance Transfer Plan
Balance transfer allows you to consolidate debt from your other credit cards onto this card.

Alliance Bank MasterCard Platinum review

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

Travel for Free with Alliance Bank MasterCard Platinum

Why breaking your bank when you can fund your next travel with air miles with Alliance Bank MasterCard Platinum?

If you are already a member of Malaysia Airlines Enrich Miles and/or AirAsia BIG Points, you're halfway there.

Enjoy the privileges of converting your TBP to air miles at a fair conversion rate of 6,000 TBP for 1,000 Enrich Miles and 3,000 TBP for 1,000 BIG Points.

Alliance Bank Platinum Credit Card Timeless Bonus Points 

With Alliance Bank Platinum credit card, you can get rewarded with Timeless Bonus Points (TBP) for making payment at POS terminals or online checkout. 

TBP is an incentive given in the form of reward points, whereby you can collect without limit, and then convert them into items of value by redeeming it.

It's easy to collect reward points: if you want to capture 3x TBP, swipe your Alliance Bank Platinum credit card more often while overseas. 

The best part about TBP is that it is non-expiry and uncapped. 

That said, you don't have to rush to make redemption within 3 years as with other banks; you have plenty of time to collect more rewards points.

Easy Payments

Payments for your Alliance Bank credit card can be easily made using cash or cheque at Alliance Bank branches. 

Other options are standing Instruction by deducting from your Alliance Bank account, internet banking via allianceonline, ATMs, and MEPS IBG at any Alliance Bank branch or other participating banks.

Annual Fee Waiver

Enjoy an annual fee waiver for the first year, on the house. 

From the second year onward, you only need to spend a minimum of RM5,000 or swipe 12 times in a year to get your Alliance Bank's credit card annual fees waived.

Alliance Bank MasterCard Platinum 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, the 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 MasterCard Platinum are carried forward from the previous month's statement cycle are paid in full.

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