Alliance Bank Visa Gold - Timeless Bonus Points
Alliance Bank Visa Gold comes with more perks than just ease of payment: the Timeless Bonus Points, which is an incentive to keep all your payments cashless.
For every RM1 charged to your Alliance Bank credit card, you will get 1x TBP on retail purchases made locally; 2x TBP for retail purchases overseas.
The best part about TBP is that it is non-expiry. So, spend more and take your time to reap the benefit!
Annual Fee Waiver
Enjoy an annual fee waiver for the first year, on the house.
Whereas for the second year onward, you can get your Alliance Bank credit card's annual fee waived by spending a minimum RM5,000 in a year or swipe 1 time a month for up to 12 months.
Alliance Bank Visa Gold Airline Miles Redemption
What can you do with a load of rewards points? Redeem air miles to enjoy free flights from Malaysia Airlines.
Under Alliance Bank’s Airline Miles Redemption you can get 1,000 Enrich Miles with 6,000 TBP conversion, or 3,000 TBP conversion for 1,000 BIG Points.
20 Days Interest-Free
More financial flexibility with your Visa Gold – swipe first and repay what you owe within 20 days at 0% interest charges.
This grace period is perfect for costly emergencies, whether it’s a car repair or an unexpected medical bill before the end of the month when the salary cheques clear.
Credit Card Services
Owning an Alliance Bank credit card comes with flexible credit lines that you can use when the desperate time calls for desperate measure:
- Alliance Bank Balance Transfer Plan – grab special low-interest rates when you move your outstanding credit from another bank to your Visa Gold
- Alliance Bank FastCash – get cash withdrawals using your Visa Gold at low-interest rates for up to 36 months
- 0% Instalment Payment Plan at participating merchants
- Cash Advance of up to 100% of your credit card limit.
Alliance Bank Visa Gold 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 Visa Gold are carried forward from the previous month's statement cycle are paid in full.