AmBank CashBack Visa Platinum
10% cashback on groceries, dining, online & public transport (capped RM10/mo each)
Last updated 21 September 2026 · Reviewed by Raymond, Rates.my
AmBank CashBack Visa Platinum overview
The AmBank AmBank CashBack Visa Platinum is a Platinum-tier Visa cashback card built around cashback. 10% cashback on groceries, dining, online & public transport (capped RM10/mo each). It best suits entry-level applicants and first-time cardholders, with a minimum income requirement of RM24,000 a year. It carries no annual fee.
Features & benefits
- ✓10% cashback on groceries & shopping, dining, online and public transport (each capped RM10/mo) with RM1,500+/mo total spend
- ✓0.2% uncapped cashback on all other eligible spend
- ✓Free-for-life annual fee, no conditions
Is the AmBank CashBack Visa Platinum worth it?
The AmBank CashBack Visa Platinum is best suited to entry-level applicants and first-time cardholders — its minimum income requirement is RM24,000 a year (about RM2,000 a month). As a cashback card, it works best for everyday spenders who want straightforward rebates on categories like petrol, groceries and dining.
- +Free for life — no annual fee
- +Up to 10% cashback on online, shopping & groceries, dining, public transport (klia ekspres/lrt/mrt) — each capped rm10/month with rm1,500+/mo total spend; 0.2% uncapped on other eligible spend
- +Low income requirement — accessible to first-time applicants
- −Cashback capped at RM10 a month
- −Top cashback applies only to specific categories (online, shopping & groceries, dining, public transport (klia ekspres/lrt/mrt) — each capped rm10/month with rm1,500+/mo total spend; 0.2% uncapped on other eligible spend)
- −Like any credit card, finance charges apply if you don't pay the balance in full each month
Cashback at a glance
Small RM10/month cap — you'll hit the ceiling quickly. 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 — AmBank sets the final approval criteria. Confirm current terms before you apply.
The fine print, decoded
The catches most people miss on the AmBank CashBack Visa Platinum, in plain language — so nobody gets caught out. Always confirm against the official terms.
- What's excluded
- "Eligible Spend" excludes: interest, finance charges, cash-advance fees, government service tax and other bank fees; Balance Transfers, AmFlexi-Plus, QuickCash, cash advances/withdrawals/deposits and quasi-cash (e.g. betting/gaming); bill payments via internet banking; JomPAY/FPX/DuitNow QR and related direct-debit payments without an MCC code or with MCC 0000; instalment payment plan transactions; reversed, illegal, fraudulent or disputed transactions; and MCC-coded government payments (9211/9222/9223/9311/9399/9402/9405), charity (8398), petrol (5541/5542) and e-wallet (6540). Recurring payments are separately excluded from the Online category specifically.
- Min spend to earn
- RM1,500 total monthly spend to earn the headline 10% (structure effective 1 November 2025)
- How the cap works
- 10% cashback on four categories (groceries & shopping, dining, online, public transport including KLIA Ekspres/LRT/MRT), each capped at RM10/month — effectively the first RM100 per category; beyond a cap, spend earns 0.2% uncapped.
- Foreign transaction fee
- Converted at the Visa/Mastercard rate plus a 1% AmBank foreign-exchange markup
- Fee waiver
- Free for life, no conditions, for principal and supplementary cards.
- ⚠Maximum bonus cashback is about RM40/month (RM10 × 4 categories)
- ⚠Features were revised on 1 November 2025 — older reviews describe the previous 8% structure
- ⚠Rebates are only credited if the account is current and not delinquent at crediting time
Verified 28 August 2026. Summarised in our own words from AmBank's published terms — indicative only, and terms change. Read the official document before you apply.
📄 Official AmBank CashBack Visa Platinumterms & product disclosure →AmBank CashBack Visa Platinum FAQ
You need a minimum annual income of RM24,000 (about RM2,000 a month). AmBank also considers your overall credit standing.
No — the AmBank CashBack Visa Platinum is free for life with no annual fee.
It earns up to 10% cashback on online, shopping & groceries, dining, public transport (klia ekspres/lrt/mrt) — each capped rm10/month with rm1,500+/mo total spend; 0.2% uncapped on other eligible spend, capped at RM10 a month. 10% cashback on groceries, dining, online & public transport (capped RM10/mo each).
No — the AmBank CashBack Visa Platinum is a conventional credit card. Check with AmBank for any Islamic (card-i) equivalent.
It's a good fit for entry-level applicants and first-time cardholders who want cashback — its main draw is "10% cashback on groceries, dining, online & public transport (capped RM10/mo each)". With no annual fee, there's little downside to holding it. Compare it with the related cards below before applying.
See how the AmBank CashBack Visa Platinum compares
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Rates, fees and promotions are indicative and time-limited — always confirm current terms with AmBank before applying. Not financial advice. Rates.my is an independent comparison site, not affiliated with or endorsed by AmBank; card names and logos belong to their respective owners. Spotted an error or need a correction or takedown? Contact Raymond at raymond@rates.my.