Ambank offers its Islamic World MasterCard-i free of cost to customers packaged with a host of features and benefits that include golf privileges, complimentary access to airport lounges, instalment payment plans and more.
Features of AmBank Islamic World MasterCard-i
AmBonus Rewards Points:
Earn 5X AmBonus Points on your overseas purchases.
You can convert your AmBonus Points to air miles where 5,000 points = 1,000 air miles.
You can choose from 3 Frequent Flyer and Travel Rewards Programs including Asia Miles, Enrich and Singapore Airlines KrisFlyer programmes. You can redeem your miles for complimentary flight tickets at more than 50 partners.
You can also redeem your AmBonus Points from the bank’s redemption catalogue available online.
Spot redemption of AmBonus Rewards Points:
You can redeem a minimum of 1,500 AmBonus Points at participating merchants including Courts, ESH, Sen Heng, Cosway, SenQ and more.
When you make the payment, you must inform the cashier that you wish to redeem your AmBonus Points.
You will be provided with a sales slip for your AmBonus Points transaction which you will be required to sign.
Access to MasterCard Customer Service available 24 hours a day and Concierge service.
You can seek assistance regarding your entertainment planning, travel information, business services, medical information, hospital/doctor referrals and more.
Easy Payment Plan:
This is a 0% instalment payment plan wherein you will enjoy interest free payments on purchases converted to this plan.
Minimum purchase amount of RM500 is applicable.
Choose between 3 month and 6 month instalment plans.
Choose flexible tenures starting from 6 months and up to 24 months.
Minimum purchase amount of RM500 is applicable.
Find below the monthly instalment plans offered under AmFlexi-Pay:
Minimum purchase amount
You can go green and opt for eStatements for your credit card bills for a safer way to get your statements delivered to you.
You can convert your statements to eStatements by sending an SMS to the bank using this format – “est12 digit new IC noemail addresslast 4-digit of credit card number”. Send the SMS to 66300. Standard telecommunication charges will be applicable on your SMS.
Excess Limit Fee:
Subscribe to the Excess Limit Fee offered on this credit card by sending an SMS to the bank using this format – “BG12-digit IC no.N to 36266”. Send the SMS to 36266.
You will be charged RM50 fixed fee + RM3 GST.
Benefits of AmBank Islamic World MasterCard-i
Enjoy a discount of 50% on the green fees charged when you choose from the bank’s exclusive courses across South East Asia.
Plaza Premium Lounge Access:
Get access to more than 26 airports across the world such as London, Taiwan, Hong Kong and more.
Get up to 5X complimentary access to plaza premium lounges in a year.
Additional discount of 25% at all airport lounges across Malaysia for your guests.
Additional discount of 20% at all airport lounges abroad for your guests.
E-Commerce Purchase Protection:
Your online purchases will be protected using e-commerce purchase protection to prevent misuse/fraudulent use of your card by third party entities.
Get an annual cover of USD200.
Wallet Guard offers you coverage in the event that your wallet is stolen.
Get an annual cover of RM100.
Purchase your flight tickets using your credit card and get travel takaful coverage worth RM2 million.
Premium complimentary membership card from Hilton Hotels:
Dining benefits - Enjoy discounts of up to 50% at participating Hilton Hotels across Thailand, China and Malaysia.
Stay benefits – Enjoy a discount of 10% on the Best Available Room Rate at participating Hilton Hotels across Asia.
You can use the AutoBillPay benefit to pay your insurance premiums and utility bills wherein your bill amounts will be debited from your card account automatically.
Use the following format to pay your Tenaga Nasional Berhad, Astro and Telekom Malaysia bills – “PAYBILLNew IC Nolast 4-digit of Credit Card NoAccount NoService Provider Name”. Send this SMS to 66300.
Use the following format to pay your Allianz, Zurich and MCIS Insurance – “PAYINSURANCENew IC Nolast 4-digit of Credit Card NoIC of Policyholder Policy NoInsurer NameName of PolicyholderRelationship to cardholder”. Send this SMS to 66300.
AmBank Islamic World MasterCard-i Eligibility Criteria
Annual fee for principal card is perpetually waived.
Annual fee for the first 3 supplementary cards is perpetually waived.
Minimum age requirements:
Minimum age for principal cardholders - 21 years.
Minimum age for supplementary cardholders – 18 years.
Minimum annual income requirement – RM120,000.
AmBank Islamic World MasterCard-i Fees and Charges
Fees and charges
Annual fee for principal card
RM0 (perpetual fee waiver)
Annual fee for supplementary card
RM188 (4th card onwards)
Min. monthly payment
RM50 or 5% of the statement balance, depending on whichever of the two is higher.
Fee for Late payment
1% of the statement balance due. Minimum charge of RM10 and maximum charge of RM100.
Excess Limit fee
RM50 + RM3 (GST)
Fee for Cash Advance
RM53 (including GST)
Fee for cash advance management
Management fee of 1.5% per month which is calculated on a daily basis up to 18% p.a.
Fixed Management Fee
Free Period for the Management Fee
20 days from your statement date. This period is only applicable if you have no outstanding balance on your credit card. This is not applicable to balance transfer, QuickCash and Cash Advance.