Maybank Credit Cards

Compare Maybank credit cards against other leading providers in Singapore

About the provider

Malayan Banking Berhad trades by the name of Maybank. Its major operations are in Singapore, Indonesia and Malaysia, but it now has a presence in 15 countries. It is among Asia’s leading banking groups and is South East Asia’s fourth largest bank by assets. As of 31 December 2018, Maybank's total assets in Singapore were approximately S$73.3 billion, and was staffed by over 2,000 bank employees. Maybank Singapore has more than 25 service locations and a combined reach of more than 200 ATMs as part of the atm5 network located island-wide. There are various Maybank credit cards and debit cards for its consumer’s dining, shopping and travelling leisure.

Why should I choose Maybank credit cards?

Maybank lets you enjoy new experiences while providing you with endless rewards including the following: 

  • Use your Maybank credit card to pay bills at any AXS station all over the country. 
  • Conveniently consolidate your statements in a month and be rewarded with TREATS Points and rebates for every spend on your recurring bills payments
  • Donate to charity with ease via Maybank Auto PayBills. Your donation can help children, the elderly and those in need, while you get to earn TREATS Points or cash rebate for every dollar donated. Charitable contributions will be automatically reflected on your monthly credit card statement
  • Purchase travel packages and enjoy complimentary travel insurance with coverages on missed flights and luggage loss and delay
  • Use your Maybank MasterPass digital wallet service for safe and secure payment storage and online transactions
     

What privileges do you get from Maybank credit card?

Receive a free gift when you become a Maybank credit card holder

Get a chance to receive a complimentary American Tourister Linex 66/24 Luggage TSA worth $S260 with Maybank Credit Cards and CreditAble. Get this promo by applying for Maybank credit cards and CreditAble and charge to your account a minimum of $300 within the first two months upon approval. 

Foreign applicants should also apply for two new Maybank credit cards and charge a minimum of $400 within the first two months to qualify for the promotion. 

Shopping and Dining Privileges with Maybank’s TREATS program



Maybank’s TREATS program which is exclusively for Maybank’s credit card members rewards you with vouchers of up to S$50 at outlets such as Mapletree, AsiaMalls, NEX and Lendlease. Enjoy dining privileges at Bakerzin, Haagen-Dazs and Rive Gauche. 

Petrol Privileges

Maybank’s DUO Platinum MasterCard is a credit card that offers savings on fuel and helps avail attractive deals on lifestyle goods and special interests. The card offers 5% rebate on petrol charges in Singapore and Malaysia. At an annual fee of S$120, it gives a free Supplementary Card and the benefits of both TREATS and DUO programmes. TREATS is a Maybank program offering rebates on lifestyle goods. DUO is a reward program by Tan Chong International Limited group which offers exclusive membership deals on brands like Nissan and Subaru.
 

What are the fees and charges?

Below is a table of interest rates and other fees that come with being a Maybank credit card holder. 

 

Annual Membership Fees

 

 

Card Type

Principal Card 

Supplementary Card

Maybank’s DUO Platinum MasterCard

S$120 p.a. (3 year waiver)

Free

Maybank Horizon Visa Signature

S$180 (3 year waiver; thereafter fee is automatically waived with a total minimum spend of S$18,000 per annum)

Free

Maybank World Mastercard

S$240 p.a. (first year waived)

Free

Maybank Family & Friends

S$180 (3 year waiver; thereafter fee is automatically waived with a total minimum spend of S$12,000 per annum)

Free

Maybank Platinum Visa/Mastercard

Free (Quarterly service fee waiver of S$20 for 3 years)

Free

Maybank eVibes Card - The Student Card

Free

Free

Maybank Manchester United Platinum Visa

S$80 p.a. (2 years' fee waiver) Subsequent waiver at subject to a minimum spend of $3,600 per annum

Free

Maybank FC Barcelona Visa Signature

S$120 p.a. (automatically waived with a total minimum spend of S$10,000 per annum

Free

 

 

 

How do I apply for Maybank credit cards?

Applicants for any Maybank credit card should check on the following eligibility requirements: 

  • Should be at least 21 years old
  • Singapore Citizens or Singapore Permanent Resident should have an annual income of at least $30,000 per year
  • Malaysian Citizen with at least 1 year in employment should have an annual income of at least $45,000 per year
  • Foreigner with at least 1 year in Employment should have an annual income of at least $60,000 per year

For Salaried applicants: 
Submit the following documents: 

  • A photocopy of your NRIC (front and back)
  • Latest computerised payslip OR
  • Latest 12 months' CPF contribution history OR
  • Latest Income Tax Notice of Assessment + Latest 3 months’ computerized payslip OR
  • Latest Income Tax Notice of Assessment + Latest 12 months' CPF contribution history

For variable income earners: 

  • A photocopy of your NRIC (front and back) AND
  • Latest 12 months' CPF contribution history OR
  • Latest three months' computerised payslip OR
  • Latest Income Tax Notice of Assessment + Latest 3 months’ computerized payslip OR
  • Latest Income Tax Notice of Assessment + Latest 12 months' CPF contribution history

For Self-employed: 

  • A photocopy of your NRIC (front and back) AND
  • Latest 2 years' Income Tax Notice of Assessment

For Foreigners (In addition to income documents indicated above)

  • A photocopy of your Valid Passport (front and back) AND
  • Employment Pass (with at least 6 months’ validity) AND
  • Utilities bill or bank statements with residential address AND 
  • Company letter stating proof of employment of at least 1 year

What other products does Maybank offer?

Aside from credit cards, Maybank also provides different products that will not only help you manage your finances but will also protect and secure your investments:

  • Life insurance – With Maybank’s eSAVE Flexi, you are guaranteed with yearly cash benefit, maturity benefit and Guaranteed Insurability Benefit (GIB)
  • Car insurance – Maybank provides comprehensive coverage for you and your vehicle at reasonable pricing. You can enjoy third party liability plus property damage and bodily injury. You can also get your car insurance repayments and choose your preferred workshop
  • Travel insurance – Maybank has eProtect travel insurance ready to provide medical and travel coverages like a maximum of $1 million reimbursements on medical expenses abroad
  • Maid insurance – eProtect Maid safeguards your maid’s health and well-being with hospitalisation cost and personal accident cover. You are also secured regarding wages, re-hiring and levy reimbursement
  • Home contents insurance – Get your homes protected against fire and other hazards. Maybank includes materials and renovation while providing you with more than $500,000 worth of assistance for theft, broken glass, damaged pipe and domestic explosion. 
  • Personal accident insurance - ePROTECT safety protects policyholders from 22 infectious diseases
  • Personal cyber insurance - Protects policyholders against online risks with coverage of up to S$25,000 for four main cyber threats, namely cyber fraud, cyber extortion, restoration costs, and identity theft.

 

Compare Credit Cards On GoBear

 

Last update on Oct 11, 2019