| Clause | Existing | New |
| • Cashback d) |
The Cashback will be credited into the Principal Cardholder’s Credit Card Account in the following month’s Statement of Account in respect of their Card(s) and is based on spending incurred by both the Principal and/or Supplementary Cardholder(s). | The Cashback will be credited into the Principal Cardholder’s Credit Card Account in the following month’s Statement of Account in respect of their Card(s) and is based on spending incurred by both the Principal and/or Supplementary Cardholder(s). If the Cardholder(s) fail to make the minimum payment due by the Due Date mentioned in the previous month's Statement of Account, cashback earned for the current month will not be posted into the Principal Cardholder's Credit Card Account. |
| • Timeless Bonus Points (TBP) c) |
TBP is awarded for every Ringgit Malaysia transacted i.e. RM1 = 1TBP. | TBP is awarded for every Ringgit Malaysia transacted i.e. RM1 = 1TBP. The TBP earned will be rounded down to the nearest TBP. |
| • Timeless Bonus Points (TBP) e) |
TBP will be credited to the Principal Cardholder’s Card account in the following month’s Statement of Account and is based on spending incurred by both the Principal and/ or Supplementary Cardholder(s). | TBP is calculated based on the spending made by both the Principal and/or Supplementary Cardholder(s) and will be credited to the Principal Cardholder’s Card Account in the following month. If the Cardholder(s) fail to make the minimum payment due by the Due Date mentioned in the previous month's Statement of Account, TBP earned for the current month will not be posted into the Principal Cardholder's Credit Card Account. |
| Clause | Existing | New |
| 2 | For every RM1 spent by the Alliance Bank VISA and Mastercard Principal and Supplementary Cardholders, one (1) TBP shall be allocated. The calculation of TBP on Overseas Spend shall be made after conversion to RM at a rate to be determined by Mastercard or Visa and shall be based on Alliance Bank’s transaction records only. The TBP conversion rate is subject to change at the absolute discretion of Alliance Bank at any time without assigning any reason thereto and such variation or change may be notified by Alliance Bank to the Cardholder through notice in the statement of account and/or through any other manner that Alliance Bank deems fit. Such variation or change shall take effect from the date specified in the notice described therein. All retail transactions will qualify for TBP except for the following; petrol, government agencies transactions, cash advances, Balance Transfer, Fast Cash, fees and charges such as annual fees, sales & service tax (SST), interest accumulated, late payment charges, finance charges and other miscellaneous charges. Adjustment will be made to the TBP earned by the Cardholders arising from returned goods and services or reversal of billing amount due to refund or dispute. | For every RM1 spent by the Alliance Bank VISA and Mastercard Principal and Supplementary Cardholders, one (1) TBP shall be allocated. The calculation of TBP on Overseas Spend shall be made after conversion to RM at a rate to be determined by Mastercard or Visa and shall be based on Alliance Bank’s transaction records only. The TBP conversion rate is subject to change at the absolute discretion of Alliance Bank at any time without assigning any reason thereto and such variation or change may be notified by Alliance Bank to the Cardholder through notice in the statement of account and/or through any other manner that Alliance Bank deems fit. Such variation or change shall take effect from the date specified in the notice described therein. All retail transactions will qualify for TBP except for the following; petrol, government agencies transactions, cash advances, Balance Transfer, Fast Cash, fees and charges such as annual fees, sales & service tax (SST), interest accumulated, late payment charges, finance charges and other miscellaneous charges. The TBP earned will be rounded down to the nearest TBP. Adjustment will be made to the TBP earned by the Cardholders arising from returned goods and services or reversal of billing amount due to refund or dispute. TBP is calculated based on the spending made by both the Principal and/or Supplementary Cardholder(s) and will be credited to the Principal Cardholder’s Card Account in the following month. If the Cardholder(s) fail to make the minimum payment due by the Due Date mentioned in the previous month's Statement of Account, TBP earned for the current month will not be posted into the Principal Cardholder's Credit Card Account. |
| Clause | Existing | New |
| 2.5 | The Timeless Bonus Points under this Programme will be credited into the Eligible Customer’s credit card account and it can be accumulated with the Timeless Bonus Points earned from credit card. The Timeless Bonus Points can be redeemed in the same way as Credit Card Timeless Rewards Programme. | The Timeless Bonus Points under this Programme will be credited into the Eligible Customer’s credit card account and it can be accumulated with the Timeless Bonus Points earned from credit card. The Timeless Bonus Points can be redeemed in the same way as Credit Card Timeless Rewards Programme. The Timeless Bonus Points earned will be rounded down to the nearest Timeless Bonus Points. If the Eligible Customer fail to make the minimum payment due by the Due Date mentioned in the previous month's Statement of Account, TBP earned for the current month will not be posted into the Eligible Customer's Credit Card Account. |