Alliance Bank Visa Classic

Every swipe on retail purchases locally and overseas brings you closer to next holiday! Redeem up to 1,000 air miles from MAS or AirAsia each time you convert your reward points.

Alliance Bank Visa ClassicGain More Air Miles!
Min. Income
RM2,000/month
Annual Fee
Free*
Balance Transfer
From 0% p.a.
Easy Payment Plan
From 0% p.a.
Interest Rate
15% p.a.
Interest-free
20 days

Rewards

Spend with Alliance Bank Visa Classic in Malaysia and overseas because for every Ringgit swiped on retail transaction, you earn 1x Timeless Bonus Point.

Alliance Bank Timeless Rewards
EarnSpend
1 point on every RM1on all local and overseas spending

Travel

Convert reward points to air miles to enjoy a cheaper or free flight ticket to any destination. Exchange 6,000 TBP for 1,000 Enrich Miles or 3,000 TBP for 1,000 AirAsia BIG Points.

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 months0% p.a. and no one-time upfront handling feefrom RM3,000
12 months9.88% p.a. and no one-time upfront handling feefrom RM1,000
18 months9.88% p.a. and no one-time upfront handling feefrom RM1,000
24 months9.88% p.a. and no one-time upfront handling feefrom RM1,000
Learn more about Alliance Bank Balance Transfer Plan

Fees & Charges

Annual Fee
  • RM68 primary card

    Free for first year

    Waived when you spend RM5,000 or swipe 12 times each year

  • RM20 supplementary card
Sales and Service Tax
RM25 on each principal and supplementary card upon activation and anniversary date
Minimum Monthly Payment
RM50 or 5% of outstanding amount, whichever is higher
Late Payment Fee
RM10 or 1% of outstanding amount, up to a maximum of RM100
Cash withdrawal fee
RM15 or 5% of withdrawn amount, whichever is higher
Interest Rate on Cash Withdrawals
18%
Daily Maximum Cash Withdrawal
Up to 80%

Requirements

Minimum Annual Income
RM24,000
Minimum Age
  • 21 years old  years old primary card
  • 18 years old supplementary card
Who can apply
  • Anybody

Features

Cash Advance / Cash Loan
Alliance Bank FastCash
Get the money you want when you need it with the Alliance Bank FastCash plan
Balance Transfer Plans
Alliance Bank Balance Transfer Plan
Switch to the Alliance Bank Balance Transfer Plan to enjoy low interest rates starts from 9.88% p.a. when you transfer a minimum of RM1,000. You can even earn reward points on your transferred balance.

Review

A classic credit card from Alliance Bank that rewards air miles from Malaysia's biggest airlines. 

That's not all, this worldwide recognized Alliance Bank Visa Classic is equipped with line of credits for rainy days!

Annual Fee Waiver

The annual fee for primary card is RM68, whereas for supplementary card is RM20. In reality, nobody likes paying annual fee on their credit card. 

That’s why Alliance Bank offers an annual fee waiver when you charge RM5,000 to your Visa Classic in a single year, or make one transaction each month for 12 consecutive months.

Sign up family members with their own supplementary card. 

You can keep track of everyone’s spending with easy online management, and manage each supplementary card’s credit limit individually.

Timeless Bonus Points

Timeless Bonus Points is a loyalty program for Alliance Bank credit cardholders that rewards you with points when you pay using your Visa Classic credit card. 

For every Ringgit you have swiped on retail transactions, whether locally or overseas, you earn 1x Timeless Bonus Point.

Timeless Bonus Point will be credited into your account every month. 

Plus, this loyalty point does not have an expiry date. You can collect as many points as you want as long as you can. 

These rewards points can be redeemed with products, services, and air miles.

Airline Miles Redemption

You can now spend your way to your next vacation for free, courtesy of Airlines Miles Redemption with Malaysia Airlines and AirAsia. 

The conversion rate as follows:

  • 6,000 Timeless Bonus Points into 1,000 Enrich Miles
  • 3,000 Timeless Bonus Points into 1,000 AirAsia BIG Points

The best part of the Timeless Bonus Points is that they are non expiry. 

You can start sowing your Timeless Bonus Point slowly the moment you have activated the credit card until you have collected enough points to redeem or convert it to air miles!

Credit Facilities

There are more than one flexible credit lines you can use from this credit card:

  • Balance Transfer Plan
  • 0% Instalment Payment Plan
  • FastCash instalment plan

Finance Charge

What are 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

Finance charge is now based on the prevailing tiered interest rate (above) 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 Fess and Charges includes:

  • 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 carried forward from the previous month's statement cycle are paid in full.