What Is AFFIN Avance™ Savvy Debit Card?
The AFFIN Avance™ Savvy Debit Card is linked to the AFFIN Avance™ Savvy Current Account, a premium deposit product designed for individuals who meet specific financial requirements.
It acts as your primary spending tool, offering a secure, debt-free way to access your funds globally while granting you access to the account’s preferential interest rates and 24/7 digital banking services.
What Are the Benefits?
- Rewarding Interest Rates: Enjoy preferential interest rates that help your savings grow faster than a typical current account.
- Secure and Debt-Free Spending: The Visa Debit Card offers a secure option for cashless purchases and various discounts and promotions.
- Ultimate Convenience: Access your funds 24/7 via Internet Banking and enjoy hassle-free cash deposit and withdrawal via CDMs, ATMs nationwide, and over the counter.
- Low Entry-Level Balance: Start your account with a low minimum initial deposit of just RM100.
- Financial Security: Your money is protected by PIDM up to RM250,000 for each depositor.
Who Can Apply For This Debit Card?
To be eligible for the AFFIN Avance™ Savvy account and card, you must be an Individual (resident or non-resident) with a minimum age of 18 years and meet at least one of the following financial requirements:
- Total assets under management (AUM) must be more than RM50,000.
- Minimum monthly income must be RM7,000 or above.
- Be an affiliated professional member.
- Have an APPROVED home loan/financing facility of RM500,000 and above.
- Have an APPROVED hire purchase/-i facility of RM80,000 and above.
What Are the Required Documents to Apply for This Debit Card?
- Your original Identity Card (MyKad) (for Malaysians) or Passport and relevant permit (for Non-Residents).
- Supporting documents to verify your financial status (e.g., income statements, professional membership card, or loan approval letters).
- Completed Account Application Form.
- The Minimum Initial Deposit of RM100.
What Are the Fees That I Need to Pay?
- ATM Withdrawal Fee (AFFIN ATM): Free (at AFFINBANK and AFFIN ISLAMIC ATMs).
- ATM Withdrawal Fee (Other Banks/MEPS): RM1.00 per withdrawal/transaction (at Local MEPS member bank ATMs).
- Replacement Card Fee: RM12.00 for cards replaced due to lost/stolen card, loss of PIN, or card damaged by the customer.
- Overseas Transaction Conversion Fee: Foreign currency transactions are converted at the VISA International exchange rate plus up to 1%.
- Early Account Closure: RM30.00 if the account is closed less than 6 months from the opening date.
