Up to 5% cashback for petrol
AmBank Islamic Visa Platinum CARz Card
Looking for a credit card that helps make your journey on the road more pleasant? If you are always travelling from one city to another, the all-new AmBank Islamic Visa Platinum CARz Card is your travel companion.
Save money with petrol cashback
Refueling your car when you are always out and about can surely drain your wallet, considering fuel prices are constantly fluctuating from time to time. So what is a better way to save some money on petrol refuelling than to have a credit card that gives you a cash rebate on your spending? This AmBank Islamic Visa Platinum CARz Card lets you earn attractive cash rebates when you refuel at any petrol station of your choice in Malaysia. Get as high as a 5% cash rebate, capped at RM80 per card every month, when you make a minimum or partial credit card payment every month (categorized as a Revolver). If you prefer to pay your card bills in full, you will still get a 2% cash rebate, capped at RM20 per card every month (categorized as a Transactor). Both the principal cardholder and the supplementary cardholder are eligible for this petrol cash rebate, ensuring the whole family saves.
Free for life, no conditions attached
Yes, you absolutely read it right! Not only can you save money on petrol refills, but this AmBank Islamic Visa Platinum CARz Card is also free for life for the principal cardholder, with no conditions attached. That's not all; the first three (3) supplementary cards are also free from an annual fee. However, starting from the fourth supplementary card onward, an annual fee of RM188 will be incurred.
Detailed Card Benefits:
Premium Petrol Cashback (Up to 5%):
- 5% Rebate (RM80 Cap): Available if you're a Revolver (making minimum or partial payments). This higher rebate helps offset potential interest charges.
- 2% Rebate (RM20 Cap): Still provides steady savings if you're a Transactor (paying in full).
AmBonus Reward Points:
- Local Spending: Earn a standard 1x AmBonus Point for every RM1 spent on local retail.
- Overseas Spending: This benefit doubles to 2x AmBonus Points for every RM1 spent overseas (excluding foreign online transactions), making it competitive for international travel.
Exceptional Fee Structure:
- Payment Convenience: The card is modern and flexible, supporting popular digital wallets like Apple Pay and Google Pay. It also features financial planning tools like the 0% Easy Payment Plan (EPP) for large purchases at partners (up to 36 months) and AmFlexi-Pay for converting other retail transactions into manageable installments.
- Accessibility: With a minimum annual income requirement of just RM24,000 p.a., this Platinum-tier card is highly accessible to the mass market.
AmBonus Points and T&C Highlights
The AmBonus Rewards Programme governs the collection and redemption of the reward points earned outside of the petrol cashback category.
Points Accumulation and Exclusions:
- Earning Rate: You earn 1 AmBonus Point for every RM1 spent on local retail purchases and 2 AmBonus Points for every RM1 spent on overseas retail purchases (excluding online overseas transactions).
- Excluded Transactions: Points are not awarded for transactions at petrol stations (since they receive cashback), as well as prepayments, balance transfers, cash advances, and payments for charity.
- Points Expiry: AmBonus Points are valid for three (3) years from the date they are awarded and are managed on a yearly block, "first-in-first-out" basis.
Redemption Mechanisms:
- Catalog Redemption: Points can be redeemed for a variety of gifts, vouchers, air miles (such as Enrich, Asia Miles, and KrisFlyer), and cash rebates via the official AmBank rewards catalog and e-redemption form.
- On-the-Spot Redemption: You can use your points instantly at the point-of-sale terminal at participating merchant outlets. The conversion rate is generally 600 points for every RM1.00 redeemed, with a minimum redemption of 1,500 points.
- Example Merchants: The On-the-Spot redemption program is available at various retailers, including F&B outlets (like KFC, Nando's, Old Town White Coffee), grocery stores (like Jaya Grocer, Lotus's), electronics retailers (like Senheng/Grand senQ), and optical shops (like Focus Point).
- Redemption Rights: The Principal Cardholder has the exclusive right to redeem points accumulated on both their own card account and the Supplementary Card accounts.
General Conditions:
- Points have no monetary value and cannot be transferred or exchanged for cash.
- The cardholder's account must not be delinquent or in default to be eligible for points redemption.
