AmBank · World Mastercard · Miles

AmBank Islamic SIGNATURE Priority Banking World Mastercard-i By invitation

Earns: Up to 5 AmBonus Points per RM Spending in shops in a foreign currency
Lounge: 8 visits a year Plaza Premium
Applications: By invitation
Annual fee: Free for life 1% overseas fee, lower than most

Good for

Priority Banking customers. No annual fee, and 5 AmBonus points per RM1 on in-person spend abroad.
Better miles than the mass cards: 12,000 points for 1,000 Enrich, 15,000 for 1,000 KrisFlyer or Asia Miles.
Travel takaful up to RM1 million when you pay the full fare with the card.

For AmBank SIGNATURE Priority Banking customers. There is no online application.
Local and online spend earns only 1 point per RM1. Petrol and e-wallet reloads earn nothing.

AmBonus Points, per RM spent. Each row says what the points are worth.

Spending	Earns	Details
Spending in shops in a foreign currency	5 points per RM	0.42 miles per RM with Enrich, or 0.33 miles per RM with KrisFlyer or Asia Miles.
Everything else	1 point per RM	0.08 miles per RM with Enrich, or 0.07 miles per RM with KrisFlyer or Asia Miles.
Petrol, Government / LHDN / JPJ, JomPAY / FPX / DuitNow to billers and more	Nothing	Petrol, 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.

Enrich: 12,000 points for 1,000 miles Moved in blocks of 12,000 points.
KrisFlyer: 15,000 points for 1,000 miles Moved in blocks of 15,000 points.
Asia Miles: 15,000 points for 1,000 miles Moved in blocks of 15,000 points.

Airport lounges: 8 free visits a year Plaza Premium. Unlimited from RM500,000 in assets at AmBank, 8 a year from RM200,000. Below RM200,000: 6 a year, main cardholder only, each after RM1,000 of spend the month before.
Overseas spending fee: 1% 1% AmBank Islamic markup on the network's exchange rate.

Automatic travel takaful. The cover starts once you pay the full fare with this card, for trips abroad.

Travel accident: Up to RM1 million For accidental death or permanent disablement on the trip. Your spouse and children are covered too; each child gets 25%.
Travel inconvenience: Not listed AmBank does not list this cover for this card.
Shopping and fraud cover: Not listed AmBank does not list this cover for this card.
Insurer: Zurich General Takaful Malaysia Claims go to Zurich General Takaful, not AmBank Islamic.

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

Annual fee: Free for life No spending needed to keep it free.
Extra (supplementary) cards: Free for life
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 A profit rate, not interest. Depends on how reliably you paid the minimum 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 instalments, service tax and overdue amounts.
Late payment: 1% of the balance, up to RM100 Charged on the unpaid balance when you pay late.
Cash withdrawal: RM16 fee A fixed RM16 for each withdrawal, plus 8% service tax on the fee, and an 18% a year profit rate from the day you take it out.
Replacement card: RM12

Income: By invitation
Who: AmBank SIGNATURE Priority Banking customers, by invitation
Age: 21 or older Extra cardholders from 18.
Documents: MyKad, front and back
Employees: latest payslip (1 month on a fixed salary, 3 months with variable pay) and the bank statements that show the salary
Self-employed: 6 months of personal or business bank statements, business registration (Form A and D), and the latest B or BE form with its tax receipt
A recent EPF statement or EA form can stand in for some payslips. Foreigners need a valid passport and a work pass or PR.

Concierge: Mastercard Concierge 24-hour help with travel, entertainment, medical referrals and more.
Pay by phone: Apple Pay, Google Pay Add it to Apple Pay in the AmOnline app, or to Google Pay in the Google Wallet app.
Card network: World Mastercard