No Annual Fee
Don’t pay any credit card fees or GST, and give to charity instead with a platinum MasterCard from Maybank Islamic.
And true to the principles of giving, you’ll also get a free Maybank Touch n Go Zing card and a chance to win a free Umrah package trip every week with the MasterCard Ikhwan Platinum Card.
Maybank Credit Card Online Acquisition Campaign and Rewards
It’s exclusively the year of rabbits this Chinese New Year of 2023! Elevate your CNY celebration to the best one yet with Maybank Online Acquisition 2023 Credit Cards Campaign by taking home exclusive gifts for a limited time only. There are two (2) campaigns in which you can take part, so don’t miss this chance!
Campaign 1: Maybank Visa, Mastercard and American Express Online Acquisition Cash Back Campaign
From 1 January 2023 until 31 March 2023, the first 1,000 eligible customers every month throughout the Campaign Period can grab a one-time cashback prize worth RM100. Terms and conditions apply.
To be eligible for the cashback prize, you must be either a new-to-bank individual or an existing customer of Maybank and Maybank Islamic Berhad who is a resident of Malaysia and has yet to own any Maybank/Maybank Islamic principal credit card.
If you fall under either of those two eligible criteria, make an online application for a credit card via Maybank2u within the Campaign Period, wait for approval by the bank, and perform a minimum retail spend of RM300 within the first 45 days from the card’s approval date to participate in this campaign.
For easy reference, below is an illustration of the cashback reward and spending criteria.
| Card Scheme | Rewards | Spend Criteria | Campaign Period |
| Maybank Visa Cards |
RM100 Cashback (capped at first 1,000 Eligible Customers every month throughout the Campaign Period) |
Minimum retail spend of RM300 within the first 45 days from card approval date | 1 January 2023 - 31 March 2023 |
| Maybank Mastercard Cards | |||
| Maybank American Express Cards |
Campaign 2: Maybank Visa, Mastercard and American Express Online Acquisition Exclusive Campaign
There are more high-valued one-time gifts up for grabs such as Apple AirPods, Garmin Smartwatch and Marshall Earbuds! This campaign starts on 1 January 2023 and is valid until 31 March 2023.
To participate, you must be either new-to-bank individuals or Maybank and Maybank Islamic Berhad customers who are residents of Malaysia and do not have any credit card issued by Maybank in Malaysia and are 21 years of age during the time of application.
To add on, you also must apply as a principal card member for any of the participating Maybank credit card schemes during the Campaign Period online at the Maybank2u website.
If you are eligible and already have your credit card application via Maybank2u approved, you are able to take home any of the prizes by transacting as high as you can on retail spending accumulated throughout the Campaign Period from your first principal card approval date.
For easy reference on this campaign, please check out the table below.
Please also note that the campaign spending requirement/criteria cannot be combined with the other cards applied at the same time. For full details, check out the terms and conditions.
| Card Scheme | Rewards | Spend Criteria | Campaign Period |
| Maybank Visa Cards |
Vivomove Sport Garmin Smartwatch (capped at Top 50 Highest Spender by end of the Campaign Period) |
Accumulated highest retail spend by end of the Campaign Period from card approval date | 1 January 2023 - 31 March 2023 |
| Maybank Mastercard Cards |
Apple AirPods 2 (capped at Top 50 Highest Spender by end of the Campaign Period) |
||
| Maybank American Express Cards |
Marshall Minor III Earbuds (capped at Top 50 Highest Spender by end of the Campaign Period) |
Umrah Trip Package from Maybank Islamic MasterCard Ikhwan Platinum Card-i
Stand a chance to win an Umrah package for the pilgrimage of your life with the Maybank Islamic MasterCard Ikhwan Platinum.
Each week one winner will get a 2 pax package to Mecca (non-Muslims will get a 2 pax holiday package instead).
All you have to do is spend RM200 or above in a single receipt – this will count as a single entry.
Every 3 months Maybank Islamic will draw a weekly winner from these entries.
5% Cash Rebates
Save more on the daily essentials when you spend on Friday and Saturday with your Maybank Islamic credit card.
You’ll be rewarded with 5% cash back on groceries and petrol at outlets across Malaysia, capped at RM50 each month.
Max out the rewards of this cashback offer when you send RM1,000 each month. A total of up to RM600 in savings are yours each year.
Remember that you cannot carry over the spending from a single month for cashback in the next.
Collect Reward Points with Maybank Islamic MasterCard Ikhwan Platinum Card-i
Swipe with your Maybank Islamic MasterCard Ikhwan Platinum credit card for rewards anywhere and everywhere you go including overseas.
Each RM1 charged to your Mastercard will earn you 1 TreatsPoint which you can use to collect cool prizes from Maybank!
However, your transactions on petrol, utilities, government-related, education, insurance, EzyPay and EzyPay PLUS will not be rewarded with TreatsPoints.
Charity Donations
Give towards a good cause each time you use your MasterCard Ikhwan credit card. Maybank will donate 0.1% of all your spending to Islamic Relief Malaysia and MERCY Malaysia.
That’s a little bit of charity on your own part every day because every little amount counts.
Maybank Islamic MasterCard Ikhwan Platinum Card-i Finance Charge
What is the interest rate imposed on repayments?
| Conditions of Repayments | Tiered Interest Rate (p.a.) |
| 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, the 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
The finance charge is now based on the prevailing tiered interest rate (above) that 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 Fees and Charges include:
- Annual Fee
- Cash Advance Fee
- Card Replacement Fee
- Statement Copy Fee
- Sales Draft Retrieval Copy Fee
- Any other form of service of the miscellaneous fee (if any) EXCEPT Late Payment Charges
A 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, provided that the outstanding balances of your Maybank Islamic MasterCard Ikhwan Platinum are carried forward from the previous month's statement cycle and are paid in full.
