18th August 2026 - 3 min read
The Maybank Grab Mastercard Platinum Credit Card is being discontinued from 7 September 2026, after the co-brand partnership between Maybank and Grab came to an end. Maybank announced this on 14 August 2026.
If you hold the card, you do not need to apply for anything or cancel anything. Maybank will move your account to a replacement credit card automatically, at no extra cost, and post the new card to your billing address.
From 7 September 2026, the Grab Card benefits stop. You will no longer earn 1 GrabCoin for every RM1 you spend on Grab, or 1 GrabCoin for every RM3 you spend elsewhere in Malaysia.
Spending posted from that date earns cashback instead. The replacement card gives 8% cashback on dining, digital lifestyle (which covers e-hailing and online groceries), and online entertainment, but only if your total card spend for the month reaches RM1,500. Dining, digital lifestyle, and online entertainment are each capped at RM18 cashback a month.
If your monthly spend falls below RM1,500, everything earns the base rate of 0.2% cashback, which has no cap and no minimum spend. There is also no overseas transaction conversion fee when you pay in person with the card in Singapore, Thailand, Japan, South Korea, or Indonesia.
Maybank defines the posting date as the date a transaction is charged and recorded in your monthly statement, and that can fall a few days after you tapped or swiped for a purchase. A purchase made in early September could still be posted before 7 September and earn GrabCoins.
Your 16-digit card number carries over, so any auto-billing, recurring payments, or card-on-file arrangements you have set up with merchants keep working without interruption.
You will need to update your CVV and expiry date in any e-wallets or shopping apps where your card is saved, and only after your new card arrives and you activate it. Maybank says existing cardholders will receive the new card with a new design in the mail from 12 September 2026 onwards.
Any GrabCoins you have already earned stay in your Grab app. They keep their normal expiry of six months from the date you earned them, under Grab’s terms. Check your balance in the Grab app and spend it down before it lapses.
There is no opt-out from the card change. All existing Grab cardholders will be moved to the new card, and Maybank says the annual fee stays free for life, with the usual RM25 SST per card per year. You will continue to receive one statement, and you can keep paying through Maybank2u, the MAE app, or Interbank GIRO.
If the new rewards do not fit how you spend, the alternative is to apply for a different card through the standard process on Maybank2u or the MAE app. Compare that against other Maybank credit cards before you decide.
If you have questions about your own account, check Maybank’s product FAQ or contact Maybank at 1-300-88-6688.
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As a creative content writer, Eloise has covered finance, business, lifestyle topics, and even moonlights as a singer-songwriter outside of RinggitPlus. Her current interests are learning the best ways to optimise spending and credit card hacks to gain more airline miles.
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