If you own a Classic credit card and want an upgrade, think about switching to Maybank Visa Gold credit card for a higher credit limit and more perks.
Even if you have not owned a Classic card before, Maybank Visa Gold is still a good start - with a rewarding gift redemption program, and travel benefits for your enjoyment.
TreatsPoints Rewards Program
All credit cards issued by Maybank are eligible for the Maybank TreatsPoints Redemption Program, including Maybank Visa Gold is no exception.
Spend RM1 on retail transactions, you can 1x TreatsPoints at all local and international stores.
You will be spoilt for choice with gifts ranging from various categories such as hotel deals, dining and shopping vouchers, waivers for annual fees and service tax and air miles for Malaysia Airlines and Singapore Airlines.
Note that Maybank TreatsPoints have a 3-year shell life - don't forget to make the redemption.
Even for a Gold credit card, one cannot argue the extent of benefits which Maybank Visa Gold offers, especially for avid travelers.
One of them is complimentary travel insurance coverage of up to RM300,000.
There is no paperwork, no annual premium, no renewal; all you need to do is to charge your travel tickets in full to Maybank Visa Gold.
In addition, Maybank Visa Gold cardholders also have access to Visa Emergency Assistance Centre, which provides a wide variety of services such as emergency cash advance; card replacement; medical, legal and travel assistance; ticket replacement; lost luggage assistance and more for your peace of mind.
Low Interest Rates
Also, an effective financial management tool, among the many benefits of having Maybank Visa Gold is its Maybank Balance Transfer plan.
Under this program, you can transfer outstanding balances from other credit cards and charge cards to your Visa Gold credit card.
With five different payment plans to choose from, the consolidated debt can be paid off in 6 to 36 months with interest rates ranging from 0% to 0.75% per month.
These low interest rates will help you save on interest payments while managing your balances efficiently.
0% Flexi Payment Plan
Shopping will be so much more enjoyable with the Maybank Visa Gold credit card. Spend for big-ticket items at any authorised merchants under Maybank EzyPay using your Maybank Visa and let them know your wish to convert it into a flexi payment.
This easy payment plan gives you space and length to pay for your purchases at your convenience with 0% interest over a period of up to 24 months.
Not a Maybank EzyPay's merchant? Then select Maybank EzyPay Plus for the same benefits at lower interest rates.
Annual Fee Waiver
If you earn at least RM3,000 per month, you can apply for Maybank Visa Gold credit card at an annual fee of RM130 that is subjected to 6% GST.
Interestingly, this annual fee can be waived using the TreatsPoints Redemption Program - go get shopping!
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
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 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, provided that the outstanding balances carried forward from the previous month's statement cycle are paid in full.