Maybank Islamic World Mastercard Ikhwan

Travel the world with class! Enjoy great TreatsPoints, free travel Takaful coverage, complimentary airport lounge access, exclusive World Mastercard privileges and so much more.

Maybank Islamic World Mastercard Ikhwan10K TreatsPoints on first spend!
Min. Income
RM8,333.33/month
Annual Fee
Free*
Balance Transfer
From 0% p.a.
Easy Payment Plan
From 0% p.a.
Interest Rate
15% p.a.
Interest-free
20 days

Rewards

Get a bonus of 10,000 TreatsPoints upon card activation and first spend any amount. It's easy to earn TreatsPoints - for every RM2 spent locally and RM1 spent overseas, you'll earn 5x TreatsPoints. While other types of transactions such as utilities, petrol, education, EzyPay and insurance earn you 1x TreatsPoints. When you've collected enough TreatsPoints, you can redeem them with air miles - how great is that? For your context, every 6,000 TreatsPoints is equivalent to 1,000 Enrich Miles, KrisFlyer Miles and Asia Miles. Please note that NO TreatsPoints will be rewarded for government bodies' transactions.

Maybank TreatsPoints
EarnSpend
5 points on every RM2on all local retail transactions
5 points on every RM1on all overseas retail transactions
1 point on every RM1on utilities, petrol, education, EzyPay and insurance transactions

Petrol

Earn 1x TreatsPoint whenever you refuel at your preferred petrol stations.

Travel

This card comes with 5x complimentary annual access to participating Plaza Premium Lounges in Malaysia and overseas (T&C apply). This way, you can unwind and escape from the hustle and bustle of the airport before you take off. Not to mention, you'll be protected throughout your journey with a free Travel Takaful of up to RM2 million which also includes travel inconveniences - simply charge the full fare of your flight ticket(s) with this card.

Travel CoverageSum Insured
Travel InsuranceUp to RM2,000,000
Missed FlightUp to RM1,000
Lost LuggageUp to RM3,000
Delayed LuggageUp to RM1,000

Premium

Enjoy special privileges brought to you by Mastercard and World Mastercard. You'll be able to get exclusive global Airport Experiences by LoungeKey, superior credit lines, 24/7 service to cater to your travelling needs, and many more! Plus, for every cross-border spend you made with this card, 0.2% of that amount will be donated to Waqaf and Zakat managed by Maybank Islamic. This benefit is subject to a capping of RM100 per month per card member.

Balance Transfer

Pay for outstanding balances transferred from other credit cards at interest rates as low as 0% with a payment period of up to 36 months.

Pay OverWith Interest Rate AtWhen You Transfer
6 months0% p.a. and 1.88%one-time upfront handling feefrom RM1,000
9 months9% p.a. and no one-time upfront handling feefrom RM1,000
12 months0% p.a. and 3%one-time upfront handling feefrom RM1,000
24 months4.5% p.a. and no one-time upfront handling feefrom RM1,000
36 months4.95% p.a. and no one-time upfront handling feefrom RM2,000
Learn more about Maybankard Balance Transfer Islamic Ikhwan Card

Easy Payment Plans

Maybank EzyPay offers interest-free shopping with a payment period of up to 36 months at approved merchants. For all other purchases, you can opt for Maybank EzyPay Plus for low rates instalments of up to 24 months.

Maybankard EzyPay
Pay OverWith Interest Rate AtWhen You Spend
3 months0% p.a. and no one-time upfront handling feeRM50
6 months0% p.a. and no one-time upfront handling feeRM50
12 months0% p.a. and no one-time upfront handling feeRM50
18 months0% p.a. and no one-time upfront handling feeRM50
24 months0% p.a. and no one-time upfront handling feeRM50
36 months0% p.a. and no one-time upfront handling feeRM50
Learn more about Maybankard EzyPay
Maybankard EzyPay PLUS
Pay OverWith Interest Rate AtWhen You Spend
6 months9% p.a.and no one-time upfront handling feefrom RM500to RM30,000
12 months9% p.a.and no one-time upfront handling feefrom RM500to RM30,000
18 months9% p.a.and no one-time upfront handling feefrom RM3,000to RM30,000
24 months9% p.a.and no one-time upfront handling feefrom RM5,000to RM30,000
Learn more about Maybankard EzyPay PLUS

Fees & Charges

Annual Fee
  • RM800 primary card

    Free for first year and waived when you spend at least RM50,000 per annum on the subsequent years

    4 free supplementary cards but for the 5th supplementary card onwards, RM400 will be charged

  • RM400 supplementary card
Sales and Service Tax
RM25 on each principal and supplementary card upon activation and anniversary date
Minimum Monthly Payment
RM25 or 5% of outstanding amount, whichever is higher
Late Payment Fee
RM10 or 1% of outstanding amount, up to a maximum of RM100
Cash withdrawal Fee
RM18 or 5% of withdrawn amount, whichever is higher
Interest Rate on Cash Withdrawals
18%
Contact-less Payment Methods
payWave

Requirements

Minimum Annual Income
RM100,000
Minimum Age
  • 21 years old primary card
  • 18 years old supplementary card
Who can apply
  • Malaysians and Expatriates

Features

Easy Payment Plan
Maybankard EzyPay
EzyPay is, well, easy: a 0% interest installment plan which lets you spread your payments over 36 months. Available at participating merchants only.
Maybankard EzyPay PLUS
A hassle free solution to split your purchases into affordable monthly instalments for up to 24 months. Flexible payment is just a phone call away.
Cash Advance / Cash Loan
Maybankard Cash Treats
It's reassuring to know that you have access to cash in an emergency. With Maybankard Cash Treats it's so easy to apply as no documents are required and fast approval guaranteed!
Balance Transfer Plans
Maybankard Balance Transfer Islamic Ikhwan Card
Save more with the lowest profit rates starting from 0% and enjoy a long repayment period of up to 36 months — choose a plan that meets your needs!

Review

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  
Gaming Console  Cashback 
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 

PlayStation 5

(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.

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