AmBank CARz Platinum MasterCard

A Platinum credit card for motorists jam-packed with auto-related benefits: up to 5% petrol rebate, discounts on auto parts and services, and RM1 million travel insurance

AmBank CARz Platinum MasterCardDiscount on Repairs
Min. Income
RM4,000/month
Annual Fee
Free
Cashback
up to 5%
Easy Payment Plan
From 0% p.a.
Interest Rate
15% p.a.

Cashback

Depending on how you manage your credit card bill, you'll get to enjoy 5% cashback, capped at RM80 per month, if you only settle partial or only the minimum payment. 2% cashback for those who settle the bill in full, with a cap of RM20 per month.

Cashback categoryCashback rateMonthly capSpend
Petrol5%RM80any amount monthly

Rewards

Spending overseas and locally on retail transactions gains you 1x CARz Points. Swipe your AmBank CARz Platinum MasterCard for all purchases, collect CARz Points and redeem auto-related goods and services.

CARz Points
EarnSpend
1 point on every RM1on all local and overseas expenses

Petrol

Refuel at any petrol stations nationwide, PETRONAS, Caltex, Petron or Shell, to grab up to 5% cashback.

Travel

Enjoy the security of travel insurance coverage of RM1 million whenever you on board a commercial aircraft. Lost or delayed luggage? Buy new clothes and essentials with compensation money. Trust AmBank to keep you and your family safe.

Travel CoverageSum Insured
Travel InsuranceUp to RM1,000,000
Delayed FlightUp to RM800
Missed FlightUp to RM800
Lost LuggageUp to RM1,600
Delayed LuggageUp to RM800

Easy Payment Plans

AmBank Easy Payment Plan offers 24 months payment terms with 0% interest rate on retail purchases from a range of approved merchants. No penalty fee for early payment. For other purchases, AmFlexi Pay for as low as 3%.

AmBank Easy Payment Plan
Pay OverWith Interest Rate AtWhen You Spend
3 months0% p.a. and no one-time upfront handling feeRM200
6 months0% p.a. and no one-time upfront handling feeRM500
12 months0% p.a. and no one-time upfront handling feeRM1,000
24 months0% p.a. and no one-time upfront handling feeRM2,000
Learn more about AmBank Easy Payment Plan
AmBank AmFlexi-Pay
Pay OverWith Interest Rate AtWhen You Spend
6 months3% p.a. and no one-time upfront handling feeRM500
12 months4% p.a. and no one-time upfront handling feeRM2,000
18 months5% p.a. and no one-time upfront handling feeRM4,000
24 months6% p.a. and no one-time upfront handling feeRM5,000
Learn more about AmBank AmFlexi-Pay

Fees & Charges

Annual Fee
  • RM0 primary card

    Free for life

    Free for the first 3 supplementary cardholders

  • RM - 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
RM50 or 5% of withdrawn amount, whichever is higher
Interest Rate on Cash Withdrawals
18%

Requirements

Minimum Annual Income
RM48,000
Minimum Age
  • 21 years old  years old primary card
  • 18 years old supplementary card
Who can apply
  • Malaysians and Permanent Residents

Features

Easy Payment Plan
AmBank Easy Payment Plan
AmBank Easy Payment Plan offers up to 24 months of instalment plan at 0% interest rate on hundreds of products available at selected partner stores.
AmBank AmFlexi-Pay
Can't wait till pay day to buy that new laptop or watch? Convert your purchases into affordable monthly instalments as low as RM500 now!
Cash Advance / Cash Loan
AmBank QuickCash
Need a hurry cash? Take advantage of the QuickCash Flexi Payment Plan for a competitive upfront fees and flexible repayment periods.

Review

FREE-for-life

Yes! This Platinum credit card is free of annual fee for life for principal cardholder and first 3 supplementary cardholders. 

For road users who travel every day to work, AmBank CARz Platinum MasterCard promises you reasonable savings on petrol and extensive benefits and discounts on all things automobiles.

Petrol Cash Rebate

Chuck away those co-branded credit cards that only reward cashback for a particular petrol brand. With AmBank CARz Platinum MasterCard, you can earn cash rebate when you swipe at any petrol stations nationwide: PETRONAS, Caltex, Petron or Shell.

Depending on your credit card repayment habit, you could be getting up to 5% cash rebate, capped at RM80 a month, when you pay only minimum or partial amount; 2% cash rebate, capped at RM20 monthly, when you maintain a full payment every month.

Auto-Related Perks

You have already saved RM80 on petrol spending, now with CARz Point, you can save even more on your automobile shopping, whether it is engine oil, timing belt, absorber, tire and other car accessories.

With every RM1 you spent on retail spending locally and overseas, you can earn 1x CARz Point, except for transactions at petrol stations. The accumulated CARz Points can be used to redeem auto-related goods and services - making your regular workshop appointment much less of a hassle.

Free Insurance Protection

Aside from collecting cashback and points, you will also receive a complimentary travel insurance protection of up to RM1,000,000. Both you and your family will be covered in the case of a delayed flight, loss of luggage, delay of luggage and also missed connections.

On one condition, you must charge full air ticket fares to your AmBank CARz Platinum MasterCard to enjoy this coverage, which is only effective when you're on board.

Auto Bill Pay

Electric, water, telco, insurance - the list goes on and on. Life would be much easier when you enroll into AmBank Auto Bill Pay Service and let your Platinum MasterCard does the payment for you. In a way, you will never forget to pay and have zero outstanding payment on utilities.

If you have monthly commitment with these service providers, then it is highly encouraged to sign up:

  • Tenaga Nasional
  • Telekom Malaysia
  • Astro
  • Allianz Insurance
  • MCIS Insurance
  • Zurich Insurance
  • DiGi
  • Maxis
  • Celcom
  • U Mobile
  • Tune Talk
  • XOX