AmBank Islamic Platinum MasterCard CARz Card-i credit card

AmBank Islamic Platinum MasterCard CARz Card-i

A credit card for motorists packed with benefits such as petrol cashback, rewards points, MasterCard Travel Rewards, and RM1 million Takaful coverage.

  • 15% p.a. profit rate
  • 20 days penalty-free period
  • up to 5% cashback
  • Easy Payment Plan (EPP)
  • RM0.00 annual fee
  • Earn up to 2x reward points 
View product disclosure sheet.

Benefits

Because you should be rewarded for giving the bank your business

Cashback
PARTIAL payment of credit card get 5% cashback, capped at RM80 per month. FULL payment of credit card get 2% cashback, capped at RM20 per month.
Discover how much you can save when you shop with your new AmBank Islamic Platinum MasterCard CARz Card-i
Cashback CategoryCashback RateMonthly CapSpend
Petrol (on PARTIAL credit card payment)Spendany amount monthly5%RM80any amount monthly
Petrol (on FULL credit card payment)Spendany amount monthly2%RM20any amount monthly
Rewards
Earn 1 CARz Point for every RM1 spend on retail locally, and double the points when shopping overseas. Use CARz Points to redeem auto-related goods and services.
CARz Point
EarnSpent
2 points on every RM1overseas retail spends (except Petrol)
1 point on every RM1local retail spends (except Petrol)
Your CARz Point earned expires in  3 years
Easy Payment Plan (EPP)
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%.
Pay OverWith Interest Rate AtWhen You Spend
6 months3% p.a. and no one-time upfront handling feefrom RM500 
12 months4% p.a. and no one-time upfront handling feefrom RM2000 
18 months5% p.a. and no one-time upfront handling feefrom RM4000 
24 months6% p.a. and no one-time upfront handling feefrom RM5000 
Learn more about AmBank AmFlexi-Pay
Pay OverWith Interest Rate AtWhen You Spend
3 months0% p.a. and no one-time upfront handling feefrom RM200 
6 months0% p.a. and no one-time upfront handling feefrom RM500 
12 months0% p.a. and no one-time upfront handling feefrom RM1000 
24 months0% p.a. and no one-time upfront handling feefrom RM2000 
Learn more about AmBank Easy Payment Plan
Petrol
Refuel at PETRONAS, Caltex, Petron, BHP or Shell petrol stations nationwide and earn cashback.
Travel
RM1 million Takaful coverage for you and your family members with full fare of air ticket charged to AmBank Platinum credit card.
Travel CoverageSum Insured
Travel InsuranceUp to RM1000000
Delayed FlightUp to RM1500
Missed FlightUp to RM1500
Lost LuggageUp to RM4000
Delayed LuggageUp to RM1500
Premium
20% shopping cashback with MasterCard Travel Rewards. Shopping at online platforms with AmBank Platinum credit card and get covered with e-Commerce Purchase Protection on your parcels.

Fees & Charges

There are always fees but how much are they?

Annual Fee
RM0
  • Free for life
  • Free for life for the first 3 supplementary cardholders and 4th supplementary card onwards RM188 p.a.
Annual Fee for Supplementary Card
RM0
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
RM50.00 or 5.00% of withdrawn amount, whichever is higher
Profit Rate on Cash Withdrawals
18%

Requirements

Are you eligible for this credit card?

Minimum annual income
RM48000
Minimum age for primary card holder
21 years old
Minimum age for supplementary card holder
18 years old
Who can Apply
Malaysians and Permanent Residents

Features

Get some extra help from your credit card when you need it most

Easy Payment Plan
AmBank AmFlexi-Pay
AmBank Easy Payment Plan
Easy payment plans (EPP) are great for large purchases that you want to pay off over a period of time.
Cash Advance / Cash Loan
AmBank QuickCash
Cash Advance is a loan against the credit limit of your card at a reasonable rate.

AmBank Islamic Platinum MasterCard CARz Card-i review

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

AmBank Islamic Platinum MasterCard CARz Card-i: FREE-for-life!

Yes! This AmBank Islamic 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 Islamic Platinum MasterCard CARz Card-i promises you reasonable savings on petrol and extensive benefits and discounts on all things automobiles - at zero cost!

Petrol and Travel Cash Rebate

You must have stumbled on co-branded credit cards in the market that only reward cashback for a particular petrol brand. 

Not with AmBank Islamic Platinum MasterCard CARz Card-i as it aimed at all motorists with various needs and petrol brand preferences: 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.

For those who love travelling, enjoy up to 20% cashback on retail spend across 11 countries worldwide.

Auto-Related Perks

You have already benefited on petrol savings with cashback, now with CARz Point, you can save even more on your automobile shopping - 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.

Auto Bill Pay

Electric, water, telco, insurance - the list goes on and on. Life would be much easier when you enroll in AmBank Auto Bill Pay Service and let your Islamic credit card does the payment for you. 

In a way, you will never forget to pay and have zero outstanding payment on utilities.

If you have a 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

Free Takaful Protection from AmBank Islamic Platinum MasterCard CARz Card-i

Aside from collecting cashback and points, you will also receive a complimentary travel Takaful 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 Islamic Platinum MasterCard CARz Card-i to enjoy this coverage, which is only effective when you're on board.

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