Hunting for a credit card with great reward point perks? It's all about redeeming all the goodies isn't it? Allow us to introduce to you the Maybank Islamic Ikhwan American Express Platinum Credit Card, a card that earns you as much as 5X TreatsPoints on all petrol expenses - household items, gadgets, petrol and airline miles redemption, they're all up for grabs!
Reward Point Conversions
Of course you came for the reward points - The Maybank Islamic Ikhwan
American Express Platinum Credit Card is a card that allows you to earn more
reward points depending on what you spend on. You will get 2x Treat points for every RM1 you
spend, instead of a cash back. Also, you will be rewarded with 1x TreatPoint when you spend on petrol, utilities, insurance, education, EzyPay and EzyPay PLUS.
So how does this work? Use your credit card at petrol station to collect points every time you spend on fuel. Also, if you sign up for Maybank's Auto PayBills service, you will also earn TreatPoints and rebates - no longer will you wait in queues, or forget to pay for your bills!
Online Shopping Madness
For those online
shopping fans, now you can shop for the latest styles and trends from all over the world without actually having ever been there! This is because Maybank offers you an excellent service for online shopping via
globalshop - a great online web-store for when you need that instant retail therapy.
Not only that - get the best discounts and offers on dining, entertainment, travel or shopping merchants via American Express SELECTS. Enjoy hassle-free redemption. Simply provide the provided promo code at the register when making your purchases.
Interest-free instalment plan when you pay for products or services via your Maybank MasterCard or Visa Credit Card at selected merchants at 0% p.a. for up to 24 months. This feature is great for those big purchases that you simply have to make, but don't necessarily have the money to commit to it...yet!
What are the interest rate imposed on repayments?
|Conditions of Repayments||Tiered Interest Rate (Per Annum)|
|Prompt Repayment every month||15%|
|Prompt Repayment 10 out of 12 months||17%|
|Prompt Repayment less than 10 out of 12 months AND New Cardmembers||18%|
Previously, finance charge is only imposed on the below that are not paid after the payment due date:
- Retail transaction - finance charge is calculated from the posting date till full payment is made
- cash advances/withdrawal transaction - finance charge is calculated from the transaction date
With effect from 15 August 2019, finance charge based on the prevailing tiered interest rate (above) will be imposed on any of your outstanding balance including All Fees and Charges (except late payment charges). These are carried forward from the previous statement until the outstanding balances are settled in full.
All Fess and Charges includes:
- Annual Fee
- Cash Advance Fee
- Card Replacement Fee
- Statement Copy Fee
- Sales Draft Retrieval Copy Fee
- Any other form of service of miscellaneous fee (if any) EXCEPT Late Payment Charges
Late Payment Charge of 1% will be imposed if the minimum payment is not made by the payment due date. This is subject to a minimum of RM10, whichever is higher up to a maximum of RM100.
This change on Finance Charge will not have any impact if you do not have any unpaid outstanding balance. In fact you will continue to enjoy a 20 days interest-free period for retail transaction, provided that the outstanding balances carried forward from the previous month's statement cycle are paid in full before payment due date.