CARz Cardholder definition
CARz Cardholder means the Cardholder who has applied and is issued with a CARz Card bearing his/her name, whom is the lawful and authorised user of the CARz Card, and includes both Principal and Supplementary Cardholders unless otherwise stated; CARz Card Platinum means CARz designated as Platinum card with Mastercard Mastercard branding, and includes the Supplementary CARz Card-i unless otherwise stated; CARz Card Platinum means CARz designated as Platinum card with Visa Visa branding, and includes the Supplementary CARz Card-i unless otherwise stated; CARz Card Visa Gold means CARz Card designated as a Gold card with Visa branding, and includes the Supplementary CARz Card-i unless otherwise stated; Supplementary CARz means Supplementary Cardholder who has applied Cardholder and is issued a Supplementary CARz Card by the Bank at the request of the Principal CARz Cardholder; Cash Rebate means the rebate that is earned by the Cardholder in respect of Petrol Transactions charged to the CARz Card at any petrol station; Petrol Transactions means purchase of Petrol that fall under Merchant Category Code (MCC) 5541 and 5542 at any petrol station in Malaysia, regardless of brand, for personal consumption of a natural person, and it cannot be used for business and commercial purchases;
CARz Cardholder means the Cardholder who has applied and is issued with a CARz Card bearing his/her name, whom is the lawful and authorised user of the CARz Card, and includes both Principal and Supplementary Cardholders unless otherwise stated; CARz Card Platinum means CARz designated as Platinum card with Mastercard Mastercard branding, and includes the Supplementary CARz Card-i unless otherwise stated; CARz Card Gold Visa means CARz Card designated as a Gold card with Visa branding, and includes the Supplementary CARz Card-i unless otherwise stated; Supplementary CARz means Supplementary Cardholder who has applied Cardholder and is issued a Supplementary CARz Card by the Bank at the request of the Principal CARz Cardholder; Cash Rebate means the rebate that is earned by the Cardholder in respect of Petrol Transactions charged to the CARz Card at any petrol station; Petrol Transactions means purchase of Petrol only at all petrol stations in Malaysia, regardless of brand, for personal consumption of a natural person, and it cannot be used for business and commercial purchases; Programme means the programme under which CARz Cardholder is entitled to Cash Rebate on Petrol Transactions in Malaysia; Maximum Rebate means the maximum amount of Cash Rebate; RM means Ringgit Malaysia, the legal currency of Malaysia; Version : November 2020 Revolver means CARz Cardholder that did not make full payment on or before Payment Due Date. In other words, CARz Cardholder who makes partial payment leaving an outstanding balance of more than RM5, which will be carried forward to the following month; Transactor means CARz Cardholders that have made full payment on or before Payment Due Date or leaving an outstanding balance of RM5 or less, which will be carried forward to the following month.
CARz Cardholder means the Cardholder who has applied and is issued with a CARz Card bearing his/her name, whom is the lawful and authorised user of the CARz Card, and includes both Principal and Supplementary Cardholders unless otherwise stated; CARz Card Platinum Mastercard means CARz designated as Platinum card with Mastercard branding, and includes the Supplementary CARz Card-i unless otherwise stated; CARz Card Platinum Visa means CARz designated as Platinum Card with Visa branding, and includes the Supplementary CARz Card- i unless otherwise stated; CARz Card Visa Gold means CARz Card designated as a Gold Card with Visa branding, and includes the Supplementary CARz Card- i unless otherwise stated; Supplementary CARz Cardholder means Supplementary Cardholder who has applied and is issued a Supplementary CARz Card by the Bank at the request of the Principal CARz Cardholder; Cash Rebate means the rebate that is earned by the Cardholder in respect of Petrol Transactions charged to the CARz Card at any petrol station; Petrol Transactions means purchase of Petrol that fall under Merchant Category Code (MCC) 5541 and 5542 at any petrol station in Malaysia, regardless of brand, for personal consumption of a natural person, and it cannot be used for business and commercial purchases; Programme Merchant Category Code” or “MCC” means the assignment for each merchant and transaction record is subject to classification by the respective acquiring banks (the bank which maintains the merchant’s bank account and processes payments on behalf of the merchants) and it is the responsibility of the particular acquiring bank to assign the MCC and transaction record to the relevant transaction. AmBank shall not be held responsible for any assignment of the MCC and transaction record that may result in non-posting of the Cash Rebate for retail transactions at the eligible merchants. The Cardholder(s) shall not be entitled to claim for any compensation against AmBank for such non-posting of the Cash Rebate due to the assignment of the MCC and transaction record by the respective merchant’s acquiring bank.