For Alliance Visa Signature, the 5% cashback rate between 2001-3000 ringgit spend, is it that all of the 3k ringgit must be spent within the listed categories? Or can have 'filler spend' of 2k ringgit not in categories, and then 1k ringgit in-category and get RM50 cashback?

Oh! Their website seems to list some categories (petrol, groceries etc). So its' just.... spend 3k and get slightly more than RM50 cashback?

Hi, new to Alliance (just got the virtual card due to the RM700 promo).

Seems like the card doesn't actually have a fixed number? I only see can generate one-time use or generate regular debit payment button.

Also, the TBP earned - what's the redemption method? From searching this thread it seems most efficient is exchange for voucher (roughly 480 points to RM1)?

Huh, at 5x points earning then the worth is less than 1%. Okay la, just get the cashback for applying then can cancel di.

Almost a week for me and wife.

So correct me if I'm wrong....

Every statement max earn RM3k spend (24k TBP).

Redemption rate is 60k TBP for RM100 (let's say TNG reload pin, or Jusco voucher, all have same rate).

For ease of calculation (round number) let's say 5 months earn the max (spend RM15k, earn 120,000 TBP) - this can be exchanged for 2x RM100 pin.

So effective 'cashback' rate is RM200/RM15,000 which is 1.33%?

Airmiles calculation a bit more complex but without any promo redemption I calculate as about 2.xx% worth (assuming enrich 4 sen per mile)?

All banks follow standard working hours (in fact close earlier than most office worker's hours). Take a lunch break or try phone call to CS.

Actually the best rate is exactly 3000 for the month. Because if you spend (let's say) 2,200, you get 5% on the amount above 2000 (rm200) but only RM5.50 on the first 2000.

Your actual cashback in that case is a measly 0.7%.

If you spend exactly 3000, your actual cashback rate is 1.85%

Yes, topping up TnG wallet counts (and is worth it if you have no other option). But if your spending is consistently roughly 2k, then the additional 1k 'feels like' its worth it (spend 1% to get 5%) but you'd be much better off with another card which gives cashback for your actual amount of spend (e.g. UOB One, Affin Duo) without forcing additional spend.

Yes, 5%.... for that spend.

But the RM2000 before that doesn't get 5%. All of this is in the product disclosure sheet.

Probably just different design....