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.
Umrah Trip Package
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.
Reward Points
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 of 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.
Free Touch n Go Zing
Zip your way pass long lines at the toll, parking lots and public transportation lines with a complimentary Touch and Go card. This smart pass card will auto-reload every time the balance drops below RM50 saving you the trouble of having to top it up yourself, and you’ll never have to worry about holding up the line again.
Finance Charge
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.
