|Highlights of Maybank Islamic Petronas Ikhwan Visa Platinum Card-i|
Maybank Islamic Petronas Ikhwan Visa Platinum Card-i
|Highest cashback rate||8% cashback on Weekends only with NO minimum spend|
|Highest cashback amount||RM50 per month|
|Max spend to earn highest cashback amount||RM625 per month|
|Eligible spend to earn highest cashback rate||Fuel and non-fuel spends at Petronas only|
|Eligible Cardholder(s)||Principal and Supplementary|
A Shariah-compliant credit card that earns huge amounts of Maybank TreatsPoints when you spend at any Petronas service station nationwide.
This credit also comes with no annual fee when you sign up, enabling you to save even more!
8x TreatsPoints for Petronas Stations and Grocery Spend
|Maybank Islamic Petronas Ikhwan Visa Platinum Card-i Benefits|
Education, Insurance, Utilities, 0% EzyPay
Capped at RM50 / month
HUGE bonuses on reward points on the weekend - you’ll get 8x of TreatsPoints when you spend at Petronas Stations and grocery shopping.
Weekday spending gets better too with 5x of TreatsPoints for when you swipe your Maybank Islamic Petronas Ikhwan Visa Platinum Card-i.
Great thing is, when you've collected enough TreatPoints, you can exchange them for Petronas Petrol vouchers.
Think about it, you spend RM100s on petrol every month - this is a great opportunity to save on your expenses, and keep them safe in a savings account.
However, the following transactions are not eligible for TreatsPoints.
In addition to TreatPoints, enjoy Mesra points at all Petronas Station with any purchase of fuel or any items from the Kedai Mesra store.
Maybank Islamic Petronas Ikhwan Visa Platinum Card-i Travel Benefits
|Maybank Islamic Petronas Ikhwan Visa Platinum Card-i Travel Benefits|
FREE Maybank Touch ‘n Go Zing
Linked to your credit card
|Having trouble paying the toll on the highway? Petronas Ikhwan Visa Platinum comes with a free Maybankard Touch n’ Go Zing Card - an automatic reload card attached to your brand new credit card.|
Redeem Max. 2,000,000 Air Miles
|For frequent travelers, effective 1st August 2019 you can redeem up to a maximum of 2,000,000 Air Miles per year regardless of any airlines.|
Eligibility and Required Documents
Here are the requirements to apply for this Maybank Islamic credit card:
- Min. annual income: RM60,000
- Age: 21-65 years old (principal card), min.18 years old (supplementary card)
Remember to prepare these documents as well:
|Maybank Islamic Petronas Ikhwan Visa Platinum Card-i Required Documents|
|Copy of NRIC (both sides) or Passport|
|Latest Income Tax Return (Form J)|
|Latest 2 months' salary slip|
|Latest 3 months' savings account activity/current account statements|
|Copies of business registration||Letter of employment||Copy of NRIC (both sides) or Passport|
|Latest 3 months' bank statement||Copy of credit/charge card (both sides)|
|Copy of latest card statement|
Maybank Islamic Petronas Ikhwan Visa Platinum 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 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, provided that the outstanding balances of your Maybank Islamic Petronas Ikhwan Visa Platinum Card-i are carried forward from the previous month's statement cycle are paid in full.