Alliance Bank Visa Signature

An elite card that rewards you with cashback of up to 5% every month on all of your retail transactions, plus 2x complimentary airport rides just for you.

Alliance Bank Visa SignatureCashback for retail spends
Min. Income
RM4,000/month
Annual Fee
Free*
Cashback
up to 5%
Balance Transfer
From 2.99% p.a.
Easy Payment Plan
From 0% p.a.
Interest Rate
15% p.a.
Interest-free
20 days

Cashback

Spending on necessities such as petrol, groceries, dining, online shopping, and paying for your utility bills gets more rewarding as you can get up to 5% cashback every month.

Cashback categoryCashback rateMonthly capSpend
Online Shopping, Groceries, Dining, Petrol, Utilities & Other Retail Spends0.05%uncappedfrom RM1 up to RM1,000 monthly
Online Shopping, Groceries, Dining, Petrol, Utilities & Other Retail Spends0.5%uncappedfrom RM1,001 up to RM2,000 monthly
Online Shopping, Groceries, Dining, Petrol, Utilities & Other Retail Spends5%uncappedfrom RM2,001 up to RM3,000 monthly
Online Shopping, Groceries, Dining, Petrol, Utilities & Other Retail Spends0.25%uncappedfrom RM3,001 and above monthly

Petrol

Tap your Alliance card and fuel up at your go-to petrol station to gain up to 5% cashback per month.

Travel

Enjoy 2x complimentary e-hailing rides to the airport worth RM80 per ride when you spend minimum RM120,000 per year. Applicable to both local and overseas rides.

Balance Transfer

Start paying off your accumulated credit debt with a low interest balance transfer with repayment periods of up to 36 months.

Pay OverWith Interest Rate AtWhen You Transfer
6 months2.99% p.a. and no one-time upfront handling feefrom RM1,000
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
48 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
  • RM148 primary card

    Free for first year

    Waived when you spend minimum RM12,000 per year from second year onwards

  • RM0 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RM15 or 5% of withdrawn amount, whichever is higher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%
Contact-less Payment Methods
Visa payWave

Requirements

Minimum Annual Income
RM48,000
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

Alliance Bank Visa Signature rewards you with cashback every month

Shopping for necessities every month could dry out your wallet if you don't spend it wisely. But it's another case if you're using a cashback credit card like the all-new Alliance Bank Visa Signature! With this elite card, you can turn your monthly spends into rebates, which will be rewarded right back to your credit account. 

So how can you earn cashback with Alliance Bank Visa Signature? Well, there are several cashback categories that can qualify you for up to 5% cashback every month which include:

  • Online shopping - this includes your favourites such as Zalora, Shopee and so forth
  • Petrol - just tap and fuel at any petrol stations nationwide
  • Groceries - shop at any of your go-to supermarkets
  • Dining - save up for more dinner dates wherever you want
  • Utility bill - paying for your phone bills, etc. can never get more rewarding than this
  • And other retail spends!

In addition, you also need to meet a few tiers of spending requirements before being eligible to receive the cashback. You can check out the table below for reference. But do note that the cashback that you earn is non-transferable and you cannot exchange it for cash.

Highlights of Alliance Bank Visa Signature
Cashback Category Spending Requirement (RM) Cashback Rate
Online shopping
Petrol
Groceries

Dining

Utilities bill

Other retail spends

1 - 1,000 0.05%
1,001 - 2,000 0.50%
2,001 - 3,000 5.00%
3,001 and above 0.25%

Travel in style, locally and internationally

Another unbeatable perk of owning an Alliance Bank Visa Signature card is you can most definitely travel in style and comfort. It's an undeniable fact that travelling is tiring, especially when your line of work or lifestyle needed you to always be on-the-go, back and forth to the airport. 

With this Alliance credit card, you can save yourself from the hassle of booking e-hailing rides to the airport because you'll get 2X complimentary airport rides that are worth RM80 per ride every time! And to enjoy this travel benefit, make sure that you spend a minimum RM120,000 per year. This benefit also applies to both local and overseas e-hailing services.

Splendid credit features just for you

Looking for more benefits? Prior to owning this credit card, you will also get to enjoy a couple of credit features, namely the Alliance Bank Balance Transfer and Alliance Bank Fast Cash that can surely help you manage your finances better.

Alliance Bank Balance Transfer

With this credit feature, you can accumulate all of your other credit outstanding balances into one (1) plan with a lower interest rate and longer repayment period. And also good news for new applicants! You can now enjoy ZERO interest when you transfer a minimum of RM1,000 over the 6-month plan, valid till 31 March 2022.

Alliance Bank Fast Cash

Get the cash that you want whenever you need it with Alliance Bank Fast Cash plan. From now until 31 March 2022, eligible applicants can enjoy a 0% interest rate when you apply for the 6-months repayment tenure. To sign up for this exciting offer, you can apply for a fast cash of minimum RM1,000, up to a maximum 40% of your available credit limit.

Click here to view the terms and conditions.

Annual fee waiver

The first year is on the house! Additionally, you can also enjoy a lifetime annual fee waiver with the Alliance Bank Visa Signature credit card. 

All you have to do is to spend at least RM12,000 every year to waive the annual fee that's worth RM148 for principal card, while a supplementary card annual fee is already waived.


Alliance Bank Visa Signature Finance Charge

What is the interest rate imposed on repayments?

Conditions of RepaymentsTiered Interest Rate (per annum)
Prompt repayment every month15%
Prompt repayment 10 out of 12 months17%
Prompt repayment less than 10 out of 12 months AND new cardmembers18%

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 until full payment is made.
  • Cash advances/withdrawal transactions - 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 paid 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 Signature are carried forward from the previous month's statement cycle and are paid in full.