Feature Highlights
  • Up to 3% cashback on petrol of any brand
  • 1x CARz Point from retail transactions
  • RM650 cash back
Petrol
7/10
Dining
4.8/10
Groceries
4.8/10
Shopping
4.8/10
Entertainment
4.8/10

Petrol

  • Lower of 3% cashback or RM50 per month (partial monthly repayments)
  • Lower of 2% cashback or RM20 per month (full monthly repayments)

Dining

  • 1x CARz Point for every RM1 spent

Groceries

  • 1x CARz Point for every RM1 spent

Shopping

  • 1x CARz Point for every RM1 spent

Entertainment

  • 1x CARz Point for every RM1 spent

Other Features

  • Protection Plan

    • AmProtector Insurance coverage of RM50,000 in the event of death or permanent disability

  • Balance Transfer

    • Min. transfer amount: RM1,000 (6 months); RM5,000 (12 and 24 months)
    • Repayment tenure and interest rate:
      - 6 months: 3% per annum

  • Instalment Plan

    • 12 months 0% interest Easy Payment Plan for road tax and AmGeneral insurance renewal
    • 0% interest Easy Payment Plan at all participating merchants

Card Information

Annual fee Free (Free for life)
Min. monthly income RM2,000
Min. age for principal holder

21 and above

Min. age for supplementary holder

18 and above

Fee for supplementary holder Free of charge for first 3 cards
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 minimum RM50 plus RM3 GST or 5% of cash advance amount

Cash advance interest charge

18% per annum on cash advance amount

Cashback limit

RM50 per month (partial monthly repayments); RM20 per month (full monthly repayments)

Rewards points expiry

N/A

Product Review by iMoney

Pay Less, Earn More!

With AmBank CARz Gold Visa Card, you get 3% cashback per month with a cap RM50 if you make partial monthly repayments and 2% cashback per month with a cap RM20 if you make full monthly repayments. You also get 1x CARz point for every ringgit retail spending. It comes with AmProtector Insurance coverage of RM50,000 in the event of death or permanent disability. AmBank CARz Gold MasterCard also offers a 12-month 0% Easy Payment Plan (EPP) for road tax, AmGeneral Insurance renewal and all participating merchants.

Fees and Charges

The annual fee for this card is free for life for principal holder and free of charge for first 3 cards for supplementary holder. By making prompt minimum payment (the higher of RM50 or 5% of outstanding balance) for 12 consecutive months, you get to enjoy low finance charges rate of 15% per annum. If you are able to make prompt payment for at least 10 out of 12 months, the rate will be 17% per annum, otherwise it will be 18% per annum. As a late repayment penalty, the higher of RM10 or 1% of outstanding balance, up to a maximum of RM100 will apply.

Are You Eligible For The AmBank CARz Gold Visa Card?

To apply for AmBank CARz Gold Visa Card, you need to have a minimum monthly income of RM2,000 and to be at least 21 years old for principal holder or at least 18 years old for supplementary holder.