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 AmFlexi-Pay
Tenure
Up to 24 months
Merchant Selection
Unrestricted
Early Termination Fee
RM50

Interest Rates

Transfer your debt now to enjoy special low interest fees each month!

Instalment PeriodInterest RateMinimum Amount
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

How to apply

Get help with making your expensive shopping habits affordable with AmBank AmFlexi-Pay.

There are several ways you can go about to participate in AmBank Flexi-Pay Plan:

  1. Pay your item with AmBank/AmBank Islamic credit card,
  2. Combine maximum of 3 retail transactions made within the same month to meet minimum amount required and choose you preferred instalment plan,
  3. Notify AmBank/AmBank Islamic, at least 5 days after the transaction or no later than 5 days before the next statement date, by way of:
    1. SMS: Flexi<space>New IC Number<space>Amount<space>Last 4-digit of Credit Card/i Number<space>Tenure<space>Merchant Name to 66300; or
    2. Email: New IC NumberLast 4-digit of Credit Card/i NumberMerchant Name(s), Transaction Date(s), Amount(s) and Instalment Tenor to [email protected]; or
    3. Call AmBank's 24-hour Contact Centre at 03 2178 8888.

More Information

What can I get from AmFlexi-Pay? 

You can swap out horrendous credit card bills and high interest rates for smaller monthly instalments at a one-time interest rates of as low as 3% p.a. only.

The plan offers tenures from as short as 6 months up to 24 months with interest rates starting from as low as 3%. For a 6-month plan, you need to meet the cumulative retail transaction amount of RM500. 

For 12-month plan you need to have RM2,000; for 18-month plan is RM4,000; and for 24-month plan is RM5,000.

Why should I get this plan, again?

You are in luck if you apply for AmFlexi-Pay plan because you will only need to pay a one-time interest / management fee, which is calculated upfront on the conversion amount and billed equally over your selected tenure. 

If you're still unsure of the mechanism, see below example for better understanding:

Say your statement date is on the 6th May and the purchase transaction date is on the 16th April, you need to inform the bank at least 5 days after the transaction date to allow for the transaction to be reflected on your statement. 

Or, you can also drop AmBank a call, email, or SMS latest by the 1st June (which is 5 days before the next statement date, i.e. 6th June) to participate in this flexi payment plan.

Can supplementary cardholder(s) apply for this flexi-pay?

Both principal and supplementary cardholders can apply for this plan, subject to fulfilling the terms and conditions prescribed and also approval by AmBank.

What if I cancel during the tenure?

AmBank will not hesitate to debit RM50 from your account for any early settlement occurred within the instalment tenure (except for AmBank M-Card). There will also be no refund of interest / management fee for early settlement or cancellation. 

Keep in mind that you are not allowed to switch tenure once transaction has successfully been converted to monthly instalment.