The ever increasing price of fuel, that's all Malaysians have been talking about these past few months.
Well, here comes your knight in shining golden armour, The Maybank Islamic Ikhwan American Express Gold Card-i!
You can earn up to 8x the Maybank TreatPoints from all Petronas service stations, without paying a single annual fee with 6% GST, ever!
Maybank Credit Cards Campaign
From 1 July 2021 until 30 September 2021, apply online for any Maybank credit cards ranging from Visa, Mastercard and American Express (AMEX), and get rewarded with awesome gadgets and cashback!
Apart from new-to-bank customers, existing Maybank and Maybank Islamic customers who do not own any Maybank credit cards are eligible to participate in this campaign too. Terms and conditions apply.
As a reference, the table below shows what you will be getting for this campaign:
|Reward 1: Cashback with a minimum spend of RM300 within the first 45 days from the card's approval date|
|Cashback||RM100 cashback||RM100 cashback||RM200 cashback|
|Reward 2: Exclusive rewards to Top Spender throughout the campaign period|
|Gadgets||Apple Airpods Pro||Apple Smartwatch SE (40MM)||Apple iPad 8th Gen (32GB and WIFI)|
|Limitation||Limited to Top 50 spenders||Limited to Top 50 spenders||Limited to Top 50 spenders|
Maybank Islamic Petronas Ikhwan Visa Gold Card-i, Benefits on the Road
A Free Maybankard Touch ‘n Go Zing Card - yes sir, there will be a complimentary automatic toll card for your convenience when driving on the highway.
That's not all, there's a surprise for our cars as well.
We spend a lot of our time, tossing and turning around in our beds thinking about how to properly manage our finances, from electric bills to petrol expenses.
This Maybank credit card can chip a little of your burdens away with a chance to be able to receive free petrol vouchers when you have redeemed enough Maybank TreatPoints on your gold credit card.
How do you actually earn these reward points? Read on.
More Points, More Rewards
Whenever you spend on weekends at any Petronas petrol stations nationwide, there will be 8% Cash Back to be earned.
The weekday rate is not at all too bad, as you will be getting 1% Cash Back.
Oops, let's not forget - when shopping for groceries or any other retail (because that's the only time we can leisurely stroll along the junk food section), you will also earn 1x TreatsPoints, both locally and overseas.
Use your Maybank card when paying for your education, utilities, insurance and 0% EzyPay to earn 1x TreatsPoints as well!
As mentioned earlier, on top of redeeming Petronas petrol vouchers, you will also be able to exchange your reward points for other amazing prizes.
They can be redeemed via the Maybank TreatPoints Programme such as - household items, furniture, kitchenware, and the latest tech gadgets.
Take your sweet time accumulating those points, because your TreatPoints will not ever expire.
Maybank Islamic Ikhwan American Express Gold Card-i - Easy Application
Any regular Joe can apply for Maybank Islamic Ikhwan American Express Gold Card-i as you will only need a minimum yearly income of RM30,000, and you would need to be at least 21 years old but not older than 65.
Also, there will be non-compounding charges on your monthly credit card debts.
What does that mean? Simply, you will not be charged interest on the interest you're already charged for - which is typical for any credit card from other banks.
Maybank Islamic Ikhwan American Express Gold Card-i Finance Charge
What is 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, 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) 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 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, provided that the outstanding balances of your Maybank Islamic Ikhwan American Express Gold Card-i are carried forward from the previous month's statement cycle are paid in full.