Alliance Bank You:nique - Great Rewards credit card

Alliance Bank You:nique - Great Rewards

Maximise your rewards and earn points faster on your shopping with the Alliance Bank You:nique credit card.

  • 9% p.a. interest rate
  • 20 days interest-free period
  • 2.99% p.a. balance transfer over 6 months
  • RM148.00 annual fee
  • Earn up to 1x reward point 
View product disclosure sheet.

Benefits

Because you should be rewarded for giving the bank your business

Rewards
Earn 1x Timeless Bonus Point with every Ringgit spend locally and overseas. Get automatically enrolled into the Alliance OneBank Rewards Program, allowing you to earn Timeless Bonus Points on all Alliance Bank's financial products and services.
Timeless Bonus Points
EarnSpent
1 point on every RM1on all local and overseas spends
Rewards points earned never expires
Balance Transfer
Start paying off your accumulated credit debt with a ZERO interest for up to 6 months with a minimum transfer of RM1,000 only.
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.
Low Interest Rate
Enjoy 9% lower finance charge when you promptly settle your outstanding amount for 12 consecutive months.

Fees & Charges

There are always fees but how much are they?

Annual Fee
RM148.00
  • Free for first year
  • Waived when you spend RM5,000 or swipe 12 times within a 12-month period for subsequent years
Annual Fee for Supplementary Card
RM30.00
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RM15.00 or 5.00% of withdrawn amount, whichever is higher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
18%
Daily Maximum Cash Withdrawal
80% of total amount
Contact-less Payment Methods
MasterCard PayPass

Requirements

Are you eligible for this credit card?

Minimum annual income
RM24000
Minimum age for primary card holder
21 years old
Minimum age for supplementary card holder
18 years old
Who can Apply
Anybody

Features

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 You:nique - Great Rewards review

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

*Known for its card personalisation feature, please note 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 Rewards - Annual Fee Waiver

The annual fee for Alliance Bank You:nique Great Rewards credit card is RM148. 

But for the first year after the date of your credit card approval, the annual fee is waived. 

Moreover, you can still enjoy the advantage of an annual fee waiver from the second year onward by spending a minimum of RM5,000 or swipe your Alliance Bank credit card 12 times in a year!

Timeless Bonus Points

The Alliance Bank You:nique Great Rewards credit card is among the top of its class for reward points collection. 

For every Ringgit you spend on retail purchases locally and overseas, you will earn 1x Timeless Bonus Point. 

This Timeless Bonus Points will be reflected on your next month’s statement and are calculated on the total spending incurred by both Principal and Supplementary Cardmember(s). 

The best part about Timeless Bonus Points is that it does not have an expiry date. 

So you can take your time spending with the You:nique - Great Rewards credit card, and after a while, redeem great products, services and even air miles. 

Want to earn more Timeless Bonus Points? 

Apply for any of Alliance Bank's financial products and services and get automatically enrolled into the Alliance OneBank Rewards Program.

Alliance OneBank Rewards

This is a points-based loyalty program that you can get yourself automatically enrolled into by, first, applying and activating your Alliance Bank credit card.

It also provides a faster route for you to earn more Timeless Bonus Points by enhancing your total banking relationship with Alliance Bank. 

In other words, Alliance OneBank Rewards does not only reward Timeless Bonus Point when you spend on your Alliance Bank credit card but also when you have more product holdings with the bank.

Alliance Bank You:nique Flexi Payment Plan

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 a flexible line of credits with competitive rates, such as:

  • Balance Transfer Plan
  • 0% Instalment Payment Plan with participating merchants
  • Fast Cash Instalment

Alliance Bank You:nique Great Rewards Finance Charge

What is the interest rate imposed on repayments?

Conditions of Repayments Tiered Interest Rate (Per Annum)
Prompt Repayment every month 9%
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 You:nique Great Rewards credit card are carried forward from the previous month's statement cycle are paid in full.

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