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Credit Cards AmBank Credit Card V2, Free for life card, PPL access with T&C

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Duckies
post Oct 29 2016, 06:54 PM

Rubber Ducky
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9,789 posts

Joined: Jun 2008
From: Rubber Duck Pond


Hi I want to ask about the AmBank Islamic Platinum MasterCard CARz Card-i. It says:
QUOTE
Depending on how you manage your credit card bill, you'll get to enjoy 5% cashback on any brand of petrol when you pay for fuel on your Platinum credit card, capped at RM80 per month if you only settle partial or only the minimum payment of your bill. 2% cashback for those who settle the bill in full with a cap of RM20 per month

What does it mean by by settling it partially? Let's say I have 1k petrol. I paid 990 to settle the bill...am I eligible for the 5% cashback?
Duckies
post Oct 29 2016, 07:26 PM

Rubber Ducky
*******
Senior Member
9,789 posts

Joined: Jun 2008
From: Rubber Duck Pond


QUOTE(fruitie @ Oct 29 2016, 07:18 PM)
This is a ridiculous rebate. You will end up paying interest just for the cash back.
*
Hmm make sense as well but I was thinking the cash rebate will be more than the interest. I guess I miscalculated.
Duckies
post Oct 29 2016, 07:34 PM

Rubber Ducky
*******
Senior Member
9,789 posts

Joined: Jun 2008
From: Rubber Duck Pond


QUOTE(fruitie @ Oct 29 2016, 07:28 PM)
There are better cards for petrol cash back.
*
Hmm I guess this card won't be much use for me then.

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