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Credit Cards AmBank Credit Card V3, Free for life card, PPL access with T&C

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Sumofwhich
post Dec 6 2019, 01:44 AM

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1,274 posts

Joined: Sep 2010

Should be entitled for both platinum or gold carz.
Luckily it's amended and listed there, I also applied for the same islamic card, fingers crossed for approval.
Sumofwhich
post Dec 8 2019, 08:17 PM

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Senior Member
1,274 posts

Joined: Sep 2010
QUOTE(Tham @ Dec 8 2019, 08:05 PM)
For those of you holding Ambank credit card, how are
your interest charges ?
Since that announcement in early August 2019 that they
were revising the way they calculate interest starting from
October 2019, my interest charges have increased more
than 50 percent since my November statement.
I was thinking of switching to Hong Leong or Public Bank's cards,
but it seems they and several other banks have increased their
interest charges as well.

They are likely to be following this Bank Negara directive -

Unpaid Credit Cards Balances Wlll Soon Incur Interest on Finance Charges Too
The Ambank announcement in August is attached.
*
no idea about interest charges but suggest you to do balance transfer to a 0% charges bank credit card like Aeon. Pay off all outstanding charges and pay back an installment amount over 6 months or 12 months if you find other banks that offer 0% BT to new cardholders

 

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