Self experience. Subsequently confirm with CS. Correct me if I am wrong. I am new to Alliance bank CC.

As I know that the Alliance Bank debit card cannot perofrm online tx last time. No idea on credit card

Looking for a new credit card (with cash back) and found .....
.. how does cash back calculation work after RM3001 ... RM3001X0.3%=RM9 only? So cannot spend more than 3K/month to enjoy 3% cashback ... very confusing

Go for platinum card.

After RM3K spending, you earn 0.3%. So yes, once you go above RM3K, you don't enjoy 3%.

Example you spend RM3,500, the cash back yo get:

First RM1K x 0.50% = RM5
Second RM1K x 1.5% = RM15
Spend RM3K a month you get additional RM1K x 3% = RM30
For balance RM500, you get RM500 x 0.03% = RM1.50

TOTAL cash back for RM3500 spent = RM61.50 (1.835%) And the more you spend above this about, the effective cash back reduces further. In toerh words, the cad is good for up to RM3K spending (unless if you get discount).

Once you are able to comoprehend the above about Tiered Based Cash Back - click here to my article The Best Cash Back Credit Card Combination where I will show you how to optimize cash back returns with increments of RM500.

This post has been edited by Gen-X: Jan 3 2015, 11:02 AM

I think platinum card offer better cash back program. And it is upto 5k. I constantly receive around RM 68 cash back monthly.

Not sure bout you guys but my alliance plat anniversary is sept, on my oct statement they waive my AF as I swiped >12 transactions. Surprisingly there is no mention of GST for Oct, Nov and Dec statements.

Sadly will keep this card in freezer after I obtain Maybank 2 Premier. Unless there is special promotions for MasterCard. Has served me well as back up to Maybank 2 Amex and complimentary entry to PPL KLIA.

This post has been edited by bearbear: Jan 4 2015, 08:39 PM

there are rm200 tesco voucher promo for alliance bank cc at ringgitplus now. any card recommendation? plan to apply to get the free voucher hehe

not true from my experience


CIMB Visa INFINITE (By Invitation only)

I was also looking at that. One particular card is You:nique Rebates. Which gives up to 3% cash rebates for expenses up RM3,000.

RinggitPlus seems to suggest there is a cap of RM90 for expenses up to RM3k, but GenX is saying otherwise. Which is what I am still confused about.






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Bro, I think the total cashback is RM51.50. that is 5 + 15 +30 +1.5 = 51.5.

OK, I just called to clarify. Gen X has provided the correct fact.

Cash rebates are calculated based on tiered spending. RM3,500 spending will return RM51.50 cashback

With the spending of RM3,500 and cashback of RM51.50, the effective cashback percentage is 1.4714%, consider not bad for Visa / Master.

So there is no such thing as 3%, this is the kind of marketing gimmicks that most people falls into as nowadays people don't read the fine print of T&C.

Spend with the thought of getting 3% return and never bother to check the effective return help the bank raise quite a handsome amount of ROI.

This is the agak-agak table I use as guide for Allz Platinum

Total spend per statement - $0-500(0.6%) ; $501-1,350(0.7%); $1,351-2,550(0.9%); $2,551-5,000(2%); >$5k
Max Cash back @ range - 0.60% ; 0.66% ; 0.77% ; 1.37% ; 0%
Points ( no points for petrol,gov) - 0.23%; 0.23%; 0.23% ; 0.23% ; 0.23%
Total "Returns" - 0.83%; 0.89%; 1.00%; 1.60% ; 0.23%;

*aiks table format disappears*



This post has been edited by ??!!: Jan 22 2015, 05:50 PM

But only for the first 200 Alliance approved

Approved for WHAT?

I did called up the RinggitPlus CS to ask about the 'quota', according to the lady, no one has been approved for Alliance Bank, maybe no one applied, or, she was simply throwing such a statement to me. I don't know.

Anyway, later on another RP CS called me to personally tell me that they are not 'able' to access that info. (yea, like real).

So, here you go... with such tactic on tiered rebates and unknown first 200 approved applications, would you still want to apply? I think no.

i will pass this offer. too many unsure and the tnc also not honest about % of cashback

Free RM200 Tesco Voucher - Only at RinggitPlus!

https://ringgitplus.com/en/credit-card/Alliance-Bank/

Yeah I saw that promo also. Thinking of applying for the You:nique:Great Rates card. No interest for first 3-months spending ^^.

Hope I get the voucher as well.