Alliance Bank · Visa Signature · Cashback

Alliance Bank Visa Signature

Good for

Cash back on all retail spend: online shopping, groceries, dining, petrol, utilities and the rest. The bands for a month's spend are 0.05% up to RM1,000, 0.5% to RM2,000, 5% to RM3,000 and 0.25% above that.
No annual fee in the first year.
2 airport e-hailing rides worth RM80 each when you spend RM120,000 in a calendar year, local or overseas.

Below RM1,000 a month the rate is only 0.05%, and above RM3,000 it drops to 0.25%.
RM148 annual fee from the second year.
No airport lounge access.
Needs an income of RM48,000 a year.

Cash back, as a share of what you spend.

Spending	Earns	Details
All spending	0.05%
Government / LHDN / JPJ, JomPAY / FPX / DuitNow to billers, Touch 'n Go reload and more	Nothing	Government / LHDN / JPJ, JomPAY / FPX / DuitNow to billers, Touch 'n Go reload, Grab top-up / GrabPay, Boost top-up, ShopeePay top-up and MAE / other e-wallet.

How it's paid: Onto your card the next month Cash back from the main and supplementary cards goes to the principal card account in the following month's statement.
Which month counts: Your statement cycle Your band is set by the cycle's retail spend, counted by the date each charge posts.
When you lose it: A missed minimum payment, or a card not in good standing If the previous statement's minimum payment was not made by the due date, that month's cash back is not credited. The card must be valid and in good standing, and not closed or delinquent.

Airport lounges: None
Overseas spending fee: 1% 1% Alliance Bank spread, on top of Visa's own rate and charges

What it costs if you don't pay in full, or use it for cash.

Annual fee: RM148 Free the first year.
Extra (supplementary) cards: No annual fee
Service tax: RM25 a year per card A government charge on every credit card in Malaysia, billed by the bank.
Interest: 15%, 17% or 18% a year Depends on how reliably you paid over the last 12 months. None if you pay the full balance by the due date (20 days after your statement).
Minimum monthly payment: 5% of the balance, or RM50 Whichever is higher, plus any installments.
Late payment: 1% of the balance, RM10 to RM100 Charged when the minimum payment is late.
Cash withdrawal: 1.25% fee, at least RM3 Plus 8% service tax on the fee, and 18% a year interest from the day you take it out. No interest-free days.
Replacement card: RM18

Income: RM48,000 a year or more
Age: 21 or older
Documents: MyKad copy (both sides) or a valid passport
Staff of a multinational, listed or government-linked company: EPF statement for the latest 13 months, or your latest payslip
Other employees: EPF statement for the latest 13 months, or your latest 3 months' payslips and 3 months' bank statements
Self-employed: business registration (Form 9, 24 or 49, or a trading license), plus your latest 6 months' bank statements or your latest Form B with tax receipt