AmBank Carz Gold Visa Credit Card
The one stop card for all motorists, the Carz gold card offers up to 3% cashback on petrol expenses at any petrol station. With a maximum cashback of RM 50 a month, this card makes the Sunday drive all the more pleasurable.
AmBank Carz Gold Visa Card Benefits
The AmBank Carz Gold Visa Card is catered for everyday use especially for those who commute using a vehicle of their own. The main benefit of the AmBank Carz Gold Visa Card is cash back it offers on petrol expenses. Cardholders can now receive a cashback of up to 3% on all petrol expenses, regardless of the brand. This cashback is capped to RM 50 per month. The card also earns reward points and earns 1 reward point for every RM 1 spent on all local and overseas retail expenses. These reward points can not only be redeemed for prizes but have a higher validity period of 6 years
Features of AmBank Carz Gold Visa Card
The features of the AmBank Carz Gold Visa Card are as follows
- The AmBank Carz Gold Visa Card has no annual fees and is free for life
- The Supplementary card has no annual fees
- The interest rate charged on this card is 15% p.a.
- Balance transfer plans are available on this card
- The rate of interest charged for balance transfers with tenure of 6 months is 4.99% p.a.
- The rate of interest charged for balance transfers with tenure of 12 or 24 months is 8.99% p.a.
- This card has an Easy payment plan for a tenure of up to 24 months at select retail merchants and has low interest rates ranging from 0% to 4% p.a. with no early settlement penalties
- Cardholders can avail cash loans against their available credit limit through the AmBank Quick Cash service
- Daily cash withdrawal limit for this card is RM 5000
- The cash withdrawal fee is the higher of RM 53 or 5.3% of the withdrawn amount
- The interest rate charged on cash withdrawals is 18%
- Minimum monthly payments is 5% of the outstanding amount
- Late Payments attract a penalty of 1% of the outstanding amount capped to a maximum of RM 100
AmBank Carz Gold Visa Card Requirements or Eligibility
The eligibility criteria to apply for the AmBank Carz Gold Visa Card are as follows
- Anybody employed with the government or a private company in Malaysia can apply for the credit card provided they meet the following age and income requirements
- The primary cardholder needs to have attained 21 years of age as at last birthday
- The supplementary cardholder needs to have attained 18 years of age as at last birthday
- The primary cardholder must earn an annual salary of RM 24,000 and above.
Other Credit Cards offered by AmBank
The other credit cards offered by this bank include
- AmBank Platinum MasterCard
- AmBank World MasterCard
- AmBank Imagine Card
- AmBank Cosway Platinum MasterCard
- AmBank Carz Platinum Visa Card
- AmBank Cosway Gold MasterCard
- AmBank Visa Signature Card
- AmBank True Visa Card
Balance Transfer Facility by AmBank Carz Gold Visa Card
This credit card from AmBank has a Balance transfer plan that allows cardholders to manage their finances by consolidating outstanding credit cards dues through the balance transfer plan. Cardholders can transfer their outstanding balance onto their AmBank Carz Gold Visa Card and pay it off in tenures of 6 months, 12 months or 24 months. The rate of interest to be paid is 4.99% p.a. for tenure of 6 months and 8.99% p.a. for tenures of 12 and 24 months.
The minimum amount that can be transferred is RM 1000 for 6 months and RM 5000 for 12 or 24 months.