More nerfs in 2025. Game over? Not really

In case you missed it, especially if you’re not in our BolehMiles Telegram — both Alliance and AmBank have announced devaluations coming on 1 August 2025. With the Maybank devaluation just not long ago in February and now this, it might feel like the game’s over. But trust us, it’s not even close.

Here’s what’s happening, and our take on it.

The Alliance Bank Card Nerf

Starting 1 Aug 2025, Alliance Bank will implement the following changes to its Visa cards. You can view the official announcement here.

In summary, both the Visa Platinum and Visa Infinite cards are getting nerfed . You’ll no longer earn 0.53 MPR for local eWallet reloads and local e-commerce transactions.

The good news? The Alliance Visa Platinum Virtual card is spared for now. It still earns 0.53 MPR on local eWallet and e-commerce spend, capped at RM3,000 each per month.

Goodbye, Mini Golden Goose

If you didn’t already know, the three Alliance Visa cards (Platinum, Infinite, and Virtual) don’t share the same cap. Each has its own RM6,000 combined limit for eWallet and online spend. If you max out the RM18,000 limit each month, you’re looking at about 9500 Enrich Points per month or about 115,000 Enrich Points a year.

The “Three Alliance Visa card-trick” was kind of a mini Golden Goose. Although we never emphasized it on this website, we did talk about it in the BolehMiles Telegram, and those who were active know it well.

But we never shouted “1 million TBP!” from the rooftop. In hindsight, maybe we should have. Could’ve sold an ebook or two.

Yes, the goose is now dead — it was good while it lasted. But honestly, it’s not a massive loss. The Alliance Visa Virtual is still alive (for now), and there are still solid cards to pivot to.

What are the alternatives?

There are still quite a few solid alternatives for online spend and e-wallets you can pivot to. Here are some worth considering.

Card	Category	Miles per Ringgit (MPR)
Alliance Visa Virtual	E-wallet Online Spend	0.53^ Enrich
CIMB e-Card	PayWave Online Shopping Auto-billing (Telco/Insurance/Streaming)	0.96* Enrich 0.82* Alt Miles
Maybank Platinum Charge	Local* Overseas* Grocery Petrol Online Dining Food Delivery	0.89 / 0.71 Alt Miles / KrisFlyer & Asia Miles
Maybank KrisFlyer Amex Platinum	Online Spend Food Delivery	0.5 KrisFlyer Miles
UOB World Read Review Apply	E-wallet	0.62# KrisFlyer & Asia Miles
HLB Sutera	Online E-wallet Groceries Pharmacies Dining Overseas	0.33 Enrich

^Monthly limit of RM3000 for online spend and RM3000 for e-wallet
*Except Insurance, Utilities, Education
^#Monthly limit of RM300 each for TnG, Boost, and BigPay

What should you do with your Alliance Visa Cards now?

For the Visa Platinum and Visa Infinite, the changes kick in on 1 August — so you still have around 2 weeks to use them. Just make sure your transactions post by 31 July. After that, there’s not much reason to keep either card.

The Ambank Enrich Visa Card Nerf

It almost feels like both banks coordinated their announcements. Effective 1 August, the AmBank Enrich Visa cards will also be significantly nerfed.

Here’s what’s happening to the Ambank Enrich Visa Infinite:

1. Airline spend will be limited to Malaysia Airlines only — no more miles for other carriers.
2. Overseas and Malaysia Airlines spend will be slashed from 1 MPR to 0.5 MPR.
3. Local spend will drop from 0.25 MPR to just 0.16 MPR.

With weaker earn rates and a RM500 annual fee, you can consider it dead, unless you want to rely on it for unlimited Golden Lounge access (+1 Guest) and aren’t already an Enrich Elite member.

On the flip side, the AmBank Enrich Visa Platinum still holds strategic value. It gives a 30% discount on the Elite Points requirement (great for status chasers), includes 4 Golden Lounge visits a year, and is free for life.

We’ve updated our review of the AmBank Enrich cards. Check out the full breakdown below:

Review: Ambank Enrich Card (Good or not?)

Between the two, losing the AmBank Enrich VI hurts more than the Alliance nerf

The AmBank Enrich Visa Infinite has had quite a journey. When it first launched in 2024, it quickly became a favorite among Malaysian miles chasers — thanks to its solid earn rates for airline spend, overseas transactions and even local spend.

Some big spenders relied on it for the 0.25 MPR on local spend, and many appreciated the relatively low FCY fees. It was the go-to card for Enrich (Carb) fans when it came to overseas and airline transactions.

Now with this latest nerf, many will understandably be disappointed.

But hey, it’s not the end of the road. There are still a few decent cards out there. Like always in this game, we adapt and move on.

Other Alternatives for Overseas Spending

There are still several solid alternatives for overseas spending. But when it comes to airline spend in Ringgit, CIMB TWE is pretty much the only one left standing.

Card	Category	Miles per Ringgit (MPR)
UOB Visa Infinite Read Review Apply	Overseas Dining	0.83 Overseas/ 0.41 Dining Krisflyer & Asia Miles
UOB Priv Miles Elite Read Review Apply	Overseas	0.83 Krisflyer & Asia Miles
CIMB Travel World Elite Read Review	Overseas Airlines Duty-Free	0.80 Enrich/ 0.67 Alt Miles
CIMB Preferred VI	Dining Overseas	0.92 Enrich/ 0.76 Alt Miles^

All in all, it wasn’t that big of a deal

This past weekend’s nerf was more of a speed bump than a dealbreaker. In fact, it barely changes our list of Best Miles Credit Cards in Malaysia 2025, and we’ve already refreshed our post for you. Check it out.

Best Miles Credit Cards in Malaysia 2025

Nerfs are part of the game. We adapt and move on. Let this small storm pass and the mini goose rest. Fingers crossed there’s no more devaluation news, and maybe even a few good deals ahead.

See you in the next post.