Wherever you are around the world, enjoy exclusive privileges when you travel, dine, shop or golf with Maybank's Islamic World Mastercard Ikhwan.
Maybank Online Acquisition 2023 Credit Cards Campaign
Elevate your Eid celebration to the best one yet with Maybank Online Acquisition 2023 Credit Cards Campaign by taking home exclusive prizes for a limited time only.
From 1 April 2023 until 30 June 2023, the first 1,800 eligible customers (600 eligible customers every month) throughout the Campaign Period can grab a one-time cashback prize worth RM150 plus selected gaming consoles when you meet the spending criteria set by the bank. Do read the terms and conditions of this campaign to find more details. Here is an illustration of the prizes and spending criteria.
|Card Scheme||Prizes||Spend Criteria||Campaign Period|
|Maybank Visa Cards||
Xbox Series X
(Top 10 Spenders)
|RM150 Cashback (1,800 Winners)||Minimum retail spend of RM300 within the first 45 days from the card approval date||1 April 2023 - 30 June 2023|
|Maybank Mastercard Cards||
Nintendo Switch OLED
(Top 10 Spenders)
|Maybank American Express Cards||
(Top 10 Spenders)
To be eligible for the 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 is 21 years of age at the time of applying and has yet to own any Maybank/Maybank Islamic principal credit card.
If you fall under the mentioned eligibility criteria, make an online application for a credit card (or more) via Maybank2u, the Maybank website or the MAE App 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 be eligible to participate in this campaign.
If you require any help or enquiries regarding this campaign, please contact Maybank’s Customer Care Hotline at 1-300-88-6688 or +603 7844 3696.
Get 10,000 TreatsPoints with Maybank Islamic World Mastercard Ikhwan
Your Islamic World Mastercard Ikhwan card rewards you right from your first purchase. Regardless of the amount, 10,000 TreatsPoints will be rewarded to you.
Start collecting your TreatsPoints as 6,000 TreatsPoints can get you 1,000 Enrich Miles, KrisFlyer Miles and Asia Miles. This would mean that you are on your way to redeeming free flights for your next trip!
Here are ways you can earn TreatsPoints:
|5X TreatsPoints||Every RM2 spend locally|
|5X TreatsPoints||Every RM1 spend overseas|
|1X TreatsPoint||On utilities, petrol, education, EzyPay and Insurance transactions|
Do note that no TreatsPoints are rewarded for Government bodies' transactions.
5X complimentary access at participating Plaza Premium Lounges
Exclusively for World Mastercard Ikhwan cardholders, you are entitled to 5 times complimentary access throughout the year to participating Plaza Premium Lounges in Malaysia and overseas, subject to terms and conditions. Please read through the T&C to find out more details about this privilege.
And if you have guests with you, your accompanying guest will enjoy 20% savings each. For globe-trotters who worry if you exceed the 5 complimentary passes, don't fret as you'll be given a 20% discount from the published walk-in rate.
With this privilege, you can enjoy up to three hours of lounge use with food and beverages, internet access, international newspaper and magazines, international TV channels, shower facilities with amenities and flight information. Enjoy that peace of mind before you take off because you've worked hard and you deserve it!
Mastercard Airport Experience (MCAE) by LoungeKey
Elevate your airport experience before boarding with exclusive dining offers and savings at top participating retailers at over 400 airports worldwide.
With only USD 27 per person per visit, you can enjoy:
- Spa treatments before boarding
- Retail therapy with exclusive savings at top participating retailers
- Dining offers
- Lounge Access with space to rest in more than 850 lounges worldwide
Enjoy complimentary travel takaful coverage with Maybank Islamic World Mastercard Ikhwan
Charge your full airfares to Maybank Islamic World MasterCard Ikhwan card, you will receive complimentary travel insurance coverage of up to RM2 million and travel inconvenience benefits for missed flight connections, luggage delay and lost luggage of up to RM3,000.
On top of that, this complimentary travel takaful coverage will also cover funeral expenses under the "Khairat Kematian" category for up to RM2,500 in the event of an unfortunate accidental death while travelling.
All are subject to the terms and conditions of the policy.
Get 24/7 Mastercard global concierge service
Another important feature of this Islamic World MasterCard Ikhwan card is the MasterCard 24-Hour Global Concierge Service. It connects you to a representative who speaks your preferred language in assisting with hotel bookings, car rentals, flight and dining reservations, medical emergencies or any other situations during their travel.
Charity donations via Waqaf and Zakat
True to the values that matter with an Islamic credit card that abides by Shariah laws, 0.2% (capped at RM100 per month) from cross-border spending on your Maybank Islamic World Mastercard Ikhwan credit card will be donated to Waqaf and Zakat managed by Maybank Islamic. What this means is that you give a portion of all your spending back to charity.
Finance charges of Maybank Islamic World Mastercard Ikhwan
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 of 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) and will be imposed on any of your outstanding balances 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.
The change made on the finance charges will not have any impact if you do not have any unpaid outstanding balance. You will continue to enjoy a 20-day interest-free period, provided that the outstanding balances carried forward from the previous month's statement cycle of your Maybank Islamic World MasterCard Ikhwan are paid in full.