AmBank TRUE VISA Credit Card

A card for Millenials. Enjoy 3% cashback on online retail transactions, low first-year finance charge of 7.99% and cash management facilities.

AmBank TRUE VISA Credit Card3% online shopping rebate
Min. Income
RM3,000/month
Annual Fee
Free
Cashback
up to 3%
Easy Payment Plan
From 0% p.a.
Interest Rate
7.99% p.a.
Interest-free
20 days

Cashback

Put money back into your pocket! Enjoy 3% cashback on online transactions capped at RM30 every month.

Cashback categoryCashback rateMonthly capSpend
Online Retail Spend3%RM30any amount monthly

Interest Rate

Tired of paying 15 to 18%p.a. on your monthly card bills? Enjoy an interest rate of only 7.99% p.a. for the first year on all online retail transactions!

Easy Payment Plans

Enjoy total interest free instalment plan of 0% Easy Payment Plan (EPP) when you make online purchases at participating mechants. For all the other purchases, AmBank Flexi-Pay got you covered with interest rate as low as 3% p.a. on monthly instalments.

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
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

Fees & Charges

Annual Fee
  • RM0 primary card

    Free for life

    Free for life for first 3 supplementary cardholders only

  • RM0 supplementary card
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, whichever is higher
Late Payment Fee
RM10 or 1% of outstanding amount, up to a maximum of RM100
Cash withdrawal fee
RM15 or 5% of withdrawn amount, whichever is higher
Interest Rate on Cash Withdrawals
18%
Contact-less Payment Methods
Visa payWave

Requirements

Minimum Annual Income
RM36,000
Minimum Age
  • 21 years old  years old primary card
  • 18 years old supplementary card
Who can apply
  • Anybody

Features

Easy Payment Plan
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!
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.
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

Tired of being broke in the mid month only to find out it was all because of that credit card bill? Wishing you could make your money work for you? Then this is the card every Millenial should have.

No Annual Fees

AmBank TRUE Visa Credit Card is a card that offers zero annual fee for life without any additional conditions - this card just gets better and better!

The free annual fee benefit is available for both principal and supplementary cardholders. However, the annual fee for supplementary cards are free only for the first 3 cards.

3% Cashback 

Maximize your spending online and earn 3% cashback whenever you use your AmBank TRUE Visa Credit Card. So when you need to have some online retail therapy, know that you're making money while you spend. 

This cash rebate is only applicable for online retail transactions and capped at RM30 per month. Not too sure what that means? Simply, the maximum spending eligible for cashback is RM1,000. Imagine that - you can save RM360 every year!

Low Interest Charges

The standard credit card interest rate can range from 15% to 18% p.a.. But the AmBank TRUE Visa Credit Card offers the lowest interest rate at 7.99% p.a. if you've settle your monthly minimum payment on time for the first year. 

For the second years onwards, the interest rates is 12% p.a. - that's still a crazy low fee compared to the majority of credit cards in the market. However, the interest rate will shoot up to 18% p.a. if you're not able to settle your minimum payment for the previous month.

Bear in mind that the minimum monthly repayment is 5% of the outstanding balance or a minimum of RM50, whichever is higher.

Even More Savings

Compared to all other AmBank credit cards, AmBank TRUE Visa Credit Card offers significantly lower fees and charges!

The TRUE Card offers the cash advance fee of 5% of the withdrawn amount or a minimum of RM15, whichever is higher, whereas other AmBank credit cards require a minimum fee of RM50. 

For the TRUE Visa Card, transactions made outside Malaysia does not require an additional 1% foreign exchange conversion on top of the daily published exchange rate - you'd thought that this is a great travel card too!