AmBank Cosway Mastercard

AmBank Cosway Mastercard


  • Annual Fee: Waived for life
  • Earn up to 3X Cosway Points
  • Up to RM1 million travel insurance coverage
Minimum Monthly Income
Minimum Monthly Income

RM 0

Interest Rate
Interest Rate

15% p.a.

Balance Transfer
Balance Transfer

0% for 12 months

Annual Fee
Annual Fee

RM 0.00

Credit Card's Promotion

  • Earn up to 3X Cosway Points that allows you to redeem anything on-the-spot at over 850 Cosway Stores/Cosway Pharmacies/Country Farm Organic Stores.


Card Type Local Purchases Overseas Retail Purchases Purchases at Cosway
AmBank Cosway Platinum MasterCard RM1 = 1 Point RM1 = 2 Point RM1 = 3 Points
AmBank Cosway Gold MasterCard RM1 = 1 Point RM1 = 1 Point RM1 = 3 Points


*Cosway Points can only be used for on-the-spot redemption at Cosway

Balance Transfer

Secure greater savings when you transfer your outstanding balances from other credit / 
charge cards to your AmBank / AmBank Islamic Credit Card.

Plan Interest Rate / Management Fee (p.a.) Program Tenure (months) Minimum Transfer Amount (RM) Maximum Transfer Amount (RM)
A 0%* 12 4,000 30,000 at customer level
B 4.88% 12, 24 or 36 1,000 Up to available credit limit

Travel Insurance

  • Up to RM1 million travel insurance coverage when the full fare of airline tickets are charged to the Card.


E-Commerce Purchase Protection (applicable to Platinum MasterCard only)

  • Click here for more info.
Low Interest
Tiering Interest Rate (per month) Interest Rate (per annum) Duration
Tier 1



for prompt repayment of 12/12 months

Tier 2

1.42% 17% for prompt repayment of 10/12 months
Tier 3 1.50% 18% for prompt repayment less than 10/12 months
Flexi Pay

Convert your retail transaction into affordable monthly instalments.

Tenure 6 Months 12 Months 18 Months 24 Months
Minimum Spend RM500 RM2,000 RM4,000 RM5,000
Management Fee Rate 3% 4% 5% 6%
Annual fee RM 0.00
Annual fee condition Waived for life
Annual fee for suplementary card RM 188.00 / 75.00
Annual fee condition for supplementary card Waived up to 3 supplementary card, 4th supplementary card will be charge RM188.00 p.a. for platinum card, RM75.00 p.a for gold card
Minimum monthly payment 5% of the outstanding balance or a minimum of RM50, whichever is higher
Late payment interest 1% of the balance outstanding due or a minimum of RM10; whichever is higher, up to a maximum of RM100.
Finance charge interest rate per month 1.25%
Finance charge interest rate per year 15%
Cash withdrawal 5% of the amount withdrawn or a minimum of RM50, whichever is higher
Cash withdrawal interest rate 1.5% per month or 18% p.a. calculated on a daily rest basis
Balance transfer interest rate 0% for 12 months
Balance transfer max valid duration Up to 36 months
Balance transfer lock in period Varies with each promotion
Balance transfer early settlement penalty RM100.00

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