• Min. Monthly Income

    RM10,000

  • Interest Rate

    15% p.a.

  • Balance Transfer

    6% p.a.

  • Annual Fee

    RM188

Feature Highlights
  • Branding opportunity on card face (for MyBusiness Platinum Card)
  • Cashback of up to 1.25% on monthly total card purchases
Groceries
5/10
Utilities
5/10
Shopping
5/10
Entertainment
5/10
Dining
5/10

Groceries

  • Up to 1.25% cashback per month

Utilities

  • Up to 1.25% cashback per month

Shopping

  • Up to 1.25% cashback per month

Entertainment

  • Up to 1.25% cashback per month

Dining

  • Up to 1.25% cashback per month

Other Features

  • Protection Plan

    • N/A

  • Balance Transfer

    • Min. transfer amount: RM1,000
    • Repayment tenure and interest rate:
      - 24 months: 6% per annum; 0% one-time upfront fee

  • Instalment Plan

    • 0% Instalment Payment Plan at all participating merchants

Card Information

Annual Fee RM188 (Free with min. spending of RM5,000 or 12 card swipes in a 12 month period)
Min. Monthly Income RM10,000
Min. age for principal holder

21 and above

Min. age for supplementary holder

N/A

Fee for supplementary holder N/A
Finance charges 15% p.a. – prompt minimum payment for 12 consecutive months

17% p.a. – prompt payment for at least 10 out of 12 months

18% p.a – if any of the above is not met

Goods & Services Tax (GST)

6% on annual fee and other charges

Late payment charge

Higher of RM10 or 1% of outstanding balance, up to a maximum of RM100

Cash advance amount

Up to 100% of credit limit

Cash advance charge

Higher of RM15 or 5% of cash advance amount

Cash advance interest charge

18% per annum on cash advance amount

Cashback Limit

RM2,500 per month

Rewards points expiry

N/A

Product Review by iMoney Malaysia

The SME Credit Card

Designed for SME businesses, Alliance Bank Business Platinum Card offers up to 1.25% cash back on all spending offering flexibility and convenience in managing the business’s expenses. The cash back limit is up to RM2,500 per month. Businesses have the opportunity to put their company’s branding onto the card. Manage each card nominee with the flexibility to set any card limit for each card. Also enjoy complimentary entry to KLIA Premium Airport Lounge.

Fees and Charges

The annual fee for this card is free with a minimum spend of RM5,000 or 12 swipes a year, otherwise it’s RM188. By settling your payments promptly on time (this means settling the minimum payment, 5% of the outstanding balance or RM50 whichever is higher) you get to enjoy a lower finance charge of 15% per annum.

Are You Eligible For The Alliance Bank Business Platinum Card?

To apply for Alliance Bank Business Platinum Card, all you need is just a minimum income of RM10,000 and to be at least 21 years old.

Looking for more options to choose from? Our credit card experts, also recommend you to check out other similar credit cards such as Alliance Bank Visa Infinite Card and Citibank Business Platinum Card, which may match your requirements.

If you prefer to broaden your credit card search, review more Alliance Bank credit cards and start comparing today!