How to Apply to Alliance Bank Visa Basic Credit Card 

A straightforward credit card with essential features for daily usage

The Alliance Bank Visa Basic Credit Card is a no-frills credit card that provides cardholders with basic but essential features and benefits for daily usage. With low annual fees and minimum eligibility requirements, it is an accessible starter card for those new to credit.

Benefits

The Alliance Bank Visa Basic Credit Card comes with several useful benefits that provide value for cardholders:

• Low annual fees: one of the biggest benefits is the low annual fee of only RM20 for principal cardholders. This makes it very affordable for long-term use. The fee is waived for the first year and subsequent years if minimum spend of RM5,000 or 12 swipes per year is met.
• 0% Instalment Payment Plan: cardholders can convert large purchases into 3-, 6-, 12- or 24-month instalment plans at 0% interest when shopping at partner merchants. This allows more flexibility in managing repayment on big-ticket items.
• Exclusive merchant discounts: alliance Bank provides exclusive privileges, discounts and deals for cardholders at various dining, shopping, travel and entertainment merchants. This gives opportunities to save on lifestyle spending. Discounts can range from 5% to 20% off at participating outlets.
• Wide Visa acceptance: as a Visa card, it is accepted at over 40 million merchant locations worldwide for seamless spending and payments. Use it for everyday purchases like groceries, petrol, bills, online shopping, ridesharing, and more. Visa’s security features also provide peace of mind against fraud.
• Fraud protection: alliance Bank monitors for suspicious transactions and will contact customers promptly in case of suspected fraud. Visa’s Zero Liability policy also protects against unauthorized charges. This gives assurance and security for everyday card usage.
• Global customer service: cardholders can access Alliance Bank’s 24/7 call centers for any card inquiries or support needed at home or abroad. Online banking services and mobile app also make account management highly convenient.

Prerequisites

The Alliance Bank Visa Basic Card has very minimum eligibility criteria, making it easily accessible:

• Minimum annual income of RM24,000: a modest income level allows young working adults to qualify.
• Age 21 years and above: the minimum age ensures applicants have the financial maturity to manage credit usage.
• Valid identification documents: NRIC or passport for Malaysian citizens and PR. For expatriates and international students, passport is required.
• Supporting documents: depending on employment type, payslips, bank statements, EPF/business registration/tax documents are required to verify income eligibility.

The easy eligibility requirements allow a wide segment of credit users – from fresh graduates to working adults – to own the Alliance Bank Visa Basic Card. Supporting documents help provide income assurance for approval.

About Alliance Bank

Alliance Bank is one of the leading banks in Malaysia with over 50 years of experience in financial services. Headquartered in Kuala Lumpur, Alliance Bank offers a diverse range of banking, investment and insurance products. It serves over 1 million retail customers and 20,000 business clients nationwide.

With assets exceeding RM100 billion, Alliance Bank has a network of 53 branches across Malaysia. It is focused on digital innovation and continues to enhance its online and mobile banking capabilities. Alliance Bank is also involved in corporate social responsibility initiatives in education, community development and social welfare.

As one of the pioneers in Malaysia’s financial industry, Alliance Bank has grown from its roots in 1966 as Malaysia’s first merchant bank to become a fully integrated financial services group. It obtained commercial banking license in 1973 and later went on to merge with Multi-Purpose Bank in 2003 before rebranding to Alliance Bank in 2007.

Today, Alliance Bank provides comprehensive retail banking services including deposit accounts, credit cards, personal financing, mortgage loans, online/mobile banking and more. For businesses, the bank offers commercial lending, trade financing, cash management, corporate advisory and capital market solutions.

The bank embraces digital transformation and has invested significantly in technology infrastructure over the past decade. In 2013, Alliance Bank launched its first digital branch and has progressively integrated innovative solutions including AI-powered chatbots, eKYC account opening and data analytics capabilities.

As part of its commitment to responsible banking, Alliance Bank actively gives back to communities in need. Its Cahaya Kasih Employee Volunteerism programme has benefited over 20,000 people through initiatives in education, environmental conservation, healthcare support and more.

Who is this card for?

The Alliance Bank Visa Basic Credit Card is ideal for:

• First time credit card applicants: with minimal eligibility requirements, it’s accessible for those new to credit cards.
• Young working adults: great starter card for those just starting their career.
• Low income earners: affordable annual fees make it suitable for lower income individuals.
• Basic credit card users: no frills card for those who just need a basic spending card.
• Expats and international students: wide Visa acceptance makes it useful for overseas spends.

Step by step to apply for the card

Applying for the Alliance Bank Visa Basic Credit Card is easy:

1. Gather required documents: have your NRIC, passport, payslips, etc. ready.
2. Apply online: visit Alliance Bank’s website and click apply now. Fill in details and upload documents. You may access it through the official website.
3. Apply in-branch: visit any Alliance Bank branch and meet with a credit card sales personnel. Fill in application form and submit documents. You can access the branch locator via website.
4. Download mobile app: get the Alliance Bank mobile app on iOS or Android to manage card anytime.

PRESS HERE TO APPLY THE ALLIANCE BANK VISA BASIC CREDIT CARD

Positives and negatives of the card

Pros:

• Low annual fees
• Easy approval requirements
• 0% instalment plans
• Wide Visa acceptance

Cons:

• No rewards program
• Lower credit limit for first time applicants
• High interest rate of 18% per annum
• Limited promotions compared to premium cards

How to unlock the card?

Follow these steps to activate your new Alliance Bank Visa Basic Credit Card:

1. Call the activation hotline number at 03-5516 9988 once you receive the card.
2. Provide the hotline officer your full name, NRIC number, and 16-digit credit card number to verify your identity.
3. Set a 6-digit PIN of your choice for ATM withdrawals and retail transactions.
4. The card will be activated within 5 minutes once PIN is set.
5. You can now start using the card for purchases online, in-store, or at ATMs.

Fees and Tariffs

Here are the main fees and charges for the Alliance Bank Visa Basic Credit Card:

• Annual Fee: RM20 (Principal), RM10 (Supplementary)
• Cash Advance Fee: 5% or RM15, whichever is higher
• Minimum Monthly Repayment: 5% of outstanding balance
• Late Payment Penalty: 1% of total outstanding balance or minimum RM10
• Interest Rate: 18% per annum on retail transactions

Check the full fees and charges guide on the Alliance Bank website.

Customer Service

Contact Alliance Bank for any credit card assistance through:

• Phone: 03-5516 9988
• Email: [email protected]
• Online Chat: available on website
• Alliance Bank App

PRESS HERE TO DOWNLOAD THE ALLIANCE BANK MOBILE APP ON IOS
PRESS HERE TO DOWNLOAD THE ALLIANCE BANK MOBILE APP ON ANDROID

Visit any Alliance Bank branch nationwide for in-person support.

Discover other credit card options in our website, like the Alliance Bank Visa Platinum Credit Card!