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 feeRM500
18 months5% p.a. and no one-time upfront handling feeRM500
24 months6% p.a. and no one-time upfront handling feeRM500

How to apply

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

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

  • Visit the nearest AmBank branch to apply for AmFlexi-Pay Plan
  • Fill in your details here and a bank representative will contact you
  • Give AmBank a call at 03 2178 8888 (Monday to Sunday, from 7 AM to 11 PM) and ask about AmFlexi-Pay Plan

Via AmOnline mobile app:

  • Log in to AmOnline and click on "Credit Card Dashboard"
  • Click on the "Convert to Instalment" hyperlink on the "Transaction History Page"
  • Select the transaction(s) you would like to convert
  • Choose your preferred repayment tenure
  • Review and confirm your application details, and submit

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 rate of as low as 3% p.a. only.

The plan offers tenures from as short as 6 months up to 24 months with a minimum cumulative retail transaction amount of RM500. 

Why should I get this plan?

You are in luck if you apply for the 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 the below example for a better understanding:

Say your statement date is on the 6th of May and the purchase transaction date is on the 16th of 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 of June (which is 5 days before the next statement date, i.e. 6th of 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 that 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 the transaction has successfully been converted to a monthly instalment.

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