Low Interest Rates
*Known for its card personalisation feature, please be noted that the feature will be discontinued starting 1 January 2020. Cardholders will receive a generic Alliance Bank You:nique credit card upon the next card renewal or a card replacement.
Alliance Bank You:nique Great Rates - Low Interest
Suitable for credit cardholders who like to take advantage of low interest rate environment, Alliance Bank You:nique - Great Rates is the perfect credit card for you.
With an effective annual percentage rate (APR) as low as 9% for 12 consecutive months, you are only paying an interest rate of 0.75% per month on your outstanding credit card balance - that is a significant saving on interest payments.
This interest rate is almost half of the range stipulated by Bank Negara Malaysia, which is around 15% to 18% per annum.
You can do wonder with this kind of interest rate on your outstanding payment.
Annual Fee Waiver
You heard it right. Alliance Bank You:nique credit card's annual fee is free for the first year of ownership.
If you do the math correctly, you get to save RM148.
Although for the following years you have to pay for the annual fee, it can easily be waived by way of either spending a minimum of RM5,000 in a year or swipe your Alliance Bank You:nique Great Rates credit card 12 times per year.
Alliance Bank You:nique Line of Credits
In times of need, a credit card can function more than just a payment tool.
Therefore, Alliance Bank You:nique credit card is equipped with necessary line of credits such as:
- Balance Transfer Plan
- 0% Instalment Payment Plan with participating merchants
- Fast Cash Instalment
Alliance Bank You:nique Great Rates 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) 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 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 of your Alliance Bank You:nique Great Rates are carried forward from the previous month's statement cycle are paid in full.
