Maybank Reinstates Original Minimum Spend Requirement Of Premier Credit Cards For Annual Fee Waiver

Alex Cheong Pui Yin

3rd January 2023 - 1 min read

Maybank has reinstated the original minimum annual spend requirement that must be met by customers holding selected credit cards to be entitled to an automatic annual fee waiver for 2023.

In its notice, Maybank clarified that customers are once again required to spend a minimum of RM80,000 per annum in order to enjoy an annual fee waiver for the following premier cards:

Maybank 2 Cards Premier
Maybank World Mastercard
Maybank Visa Infinite
Maybank Visa Infinite Diamanté
Maybank Manchester United Visa Infinite
Maybank Islamic World Mastercard Ikhwan Card-i
Maybank Islamic Ikhwan Visa Infinite Card-i

This latest update came following an earlier announcement by the bank back in February 2022, which allowed the cardholders of these cards to enjoy the fee waiver in 2022 at a reduced minimum annual spending of RM50,000. The reduction was provided as “a gesture of [the bank’s] appreciation for [customers’] continuous support”.

For individuals who have questions regarding this reinstatement of the original minimal annual spend requirement for the seven cards, you can contact Maybank’s customer care hotline at 1300 88 6688.

(Source: Maybank)

Alex Cheong Pui Yin

Previously covered recruitment-related stories and had a short stint as a copywriter for the property industry. She subsequently developed an interest in investment and robo-advisors.

5 1 vote

Article Rating

Alex Cheong Pui Yin

Previously covered recruitment-related stories and had a short stint as a copywriter for the property industry. She subsequently developed an interest in investment and robo-advisors.

See all articles