|Annual fee||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|
|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 plus 6% GST|
|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|
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.
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.
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.
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