Alliance Bank Visa Signature
Up to 5% unlimited cashback on all retail spend
Apply for Alliance Bank Visa Signature →Last updated 7 August 2026 · Reviewed by Raymond, Rates.my
Alliance Bank Alliance Bank Visa Signature overview
The Alliance Bank Alliance Bank Visa Signature is a Signature-tier Visa cashback card built around cashback. Up to 5% unlimited cashback on all retail spend. It best suits middle-income earners, with a minimum income requirement of RM48,000 a year. It has an annual fee of RM148 (conditions apply).
Features & benefits
- ✓Up to 5% cashback on all retail spend
- ✓8% cashback variant for Alliance Privilege banking customers
- ✓0% Buy-Now-Pay-Later option
Is the Alliance Bank Visa Signature worth it?
The Alliance Bank Visa Signature is best suited to middle-income earners — its minimum income requirement is RM48,000 a year (about RM4,000 a month). As a cashback card, it works best for everyday spenders who want straightforward rebates on categories like petrol, groceries and dining.
- +Annual fee waivable (conditions apply)
- +Up to 5% cashback on all retail spend
- −RM148 annual fee unless the waiver condition is met
- −Top cashback applies only to specific categories (all retail spend)
- −Like any credit card, finance charges apply if you don't pay the balance in full each month
Cashback at a glance
Rewards specific merchants or categories — check the card's terms for what qualifies. The maximum is the published monthly cap; actual cashback depends on the exact eligible categories, exclusions and minimum-spend terms — confirm the fine print below before you apply.
Eligibility & how to apply
Requirements are general guidance — Alliance Bank sets the final approval criteria. Confirm current terms before you apply.
The fine print, decoded
The catches most people miss on the Alliance Bank Visa Signature, in plain language — so nobody gets caught out. Always confirm against the official terms.
- What's excluded
- Cashback-eligible retail spend excludes cash advance, balance transfer, Fast Cash, bank fees and charges (finance charges, late charges, annual fees) and reversed, disputed, split or void transactions.
- How the cap works
- No RM cap is published, but the 5% headline rate is not unlimited: the official PDS sets four monthly-spend tiers — 0.05% for RM1–1,000, 0.5% for RM1,001–2,000, 5.0% for RM2,001–3,000, then a drop to just 0.25% for spend above RM3,000/month. The PDS doesn't clarify whether the matching tier rate applies to the whole month's spend or only the portion inside that band.
- Foreign transaction fee
- Visa/Mastercard's own conversion rate and charges, plus a 1% foreign-exchange conversion spread levied by Alliance Bank — per the official PDS's 'Overseas Transaction Conversion Fee' row for 'Other Credit Cards' (applies to Visa Signature; only the separate Visa Basic card is priced differently).
- Fee waiver
- RM148 principal annual fee, waived the first year (confirmed in the official PDS); Supplementary is waived. Subsequent-year waiver conditions for the principal aren't published on the public PDS.
- ⚠The 5% rate only applies inside a narrow RM2,001–3,000 monthly-spend band; spend past RM3,000 in the same month drops to 0.25% — spending more can mean earning far less than the RM2,001–3,000 tier would have paid
- ⚠This tier table supersedes the 'unlimited cashback, no cap' framing used in Alliance's own marketing/FAQ pages — go by the PDS, not the ad copy
- ⚠Don't confuse this card with the Alliance Privilege Visa Signature, whose extra cashback requires RM300,000+ assets under management and RM120,000 annual spend
Verified 5 August 2026. Summarised in our own words from Alliance Bank's published terms — indicative only, and terms change. Read the official document before you apply.
📄 Official Alliance Bank Visa Signatureterms & product disclosure →Alliance Bank Visa Signature FAQ
You need a minimum annual income of RM48,000 (about RM4,000 a month). Alliance Bank also considers your overall credit standing.
The annual fee is RM148, but it can be waived: conditions apply.
It earns up to 5% cashback on all retail spend. Up to 5% unlimited cashback on all retail spend.
No — the Alliance Bank Visa Signature is a conventional credit card. Check with Alliance Bank for any Islamic (card-i) equivalent.
It's a good fit for middle-income earners who want cashback — its main draw is "Up to 5% unlimited cashback on all retail spend". Weigh the RM148 annual fee against how much you'll earn back. Compare it with the related cards below before applying.
See how the Alliance Bank Visa Signature compares
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Rates, fees and promotions are indicative and time-limited — always confirm current terms with Alliance Bank before applying. Not financial advice. Rates.my is an independent comparison site, not affiliated with or endorsed by Alliance Bank; card names and logos belong to their respective owners. Spotted an error or need a correction or takedown? Contact Raymond at raymond@rates.my.