If you find the cash back or reward programmes offered by credit cards in the market too complicated or simply unappealing, you probably don’t need these features. All you need is a credit card that will serve your real financial requirements – AmBank True.
Low Interest Rates
To ensure that AmBank True cardholders maximise their savings in interest payments, this credit card offers attractive rates. For starters, AmBank will not charge any interest on outstanding card balances for the first 3 months. This means cardholders get to enjoy interest free shopping.
After that, an effective annual percentage rate ( APR) of 12% is levied on outstanding card balances. This will give AmBank True cardholders a savings of 3% interest per year as the normal interest rate stipulated by Bank Negara Malaysia is set at a minimum of 15%, so you can keep doing what you love. Cardholders will continue to enjoy the 12% rate as long as they settle the minimum payment due on outstanding balances promptly.
4.99% Balance Transfer
A good credit card should also function as a financial tool to help cardholders manage their money and AmBank True can do just that. This credit card comes with a balance transfer feature which allows cardholders to transfer any outstanding balances from other credit cards or charge cards to AmBank True credit card.
AmBank AmTransfer enables AmBank True cardholders to pay off the combined outstanding balances at low interest rates. There are 3 option plans available which offer interest rates from as low as 4.99% to 8.99%. Cardholders can also choose to pay up in 6, 12 or 24 months.
The low interest rate of 4.99% can generate more savings in interest payments especially for outstanding balances transferred from banks which charge a higher interest rate. Moreover, a consolidated account will also make it easier for cardholders to monitor and manage their card balances.
Free for Life
Another good reason to own AmBank True credit card is it is free for life. With no conditions on fee waivers and no need to spend extra on annual fees, maintaining this card membership is so easy. Other requirements include an annual income of at least RM36000 and a minimum age of 21 years old.
Savings and Convenience
AmBank True is a no frills credit card which gives its cardholder exactly what they need. Its low interest rates, automatic bill payments via AutoBillPay, balance transfer programme and flexible payment plan features allow cardholders to enjoy all the savings and conveniences that a credit card should provide.