Maybankard Visa Wave credit card

Maybankard Visa Wave

A card that offers faster, more convenient payments just by waving the card at the till in a store - yes, really, contactless payment.

  • 15% p.a. interest rate
  • 20 days interest-free period
  • 0% p.a. balance transfer over 12 months
  • Easy Payment Plan (EPP)
  • RM84.80 annual fee

Benefits

Because you should be rewarded for giving the bank your business

Balance Transfer
Maybank offers balance transfer plans with interest rates as low as 0% and payment terms of up to 36 months. Don't let your monthly paycheque go towards paying interest that can otherwise be avoided!
Pay OverWith Interest Rate AtWhen You Transfer
6 months6% p.a. and no one-time upfront handling feefrom RM1000 
9 months9% p.a. and no one-time upfront handling feefrom RM1000 
12 months0% p.a. and 3% one-time upfront handling feefrom RM1000 
24 months4.5% p.a. and no one-time upfront handling feefrom RM2000 
36 months4.95% p.a. and no one-time upfront handling feefrom RM2000 
Learn more about Maybankard Balance Transfer Program
Easy Payment Plan (EPP)
Save money with 0% interest instalment plans with up to 24 months repayments. Whether you want a new bed from Lorenzo, gold accessories from Tomei, or get the latest phone from Digi, Maybank's there to help you out. For all other purchases, you can opt to Maybankard EzyPay PLUS for instalment of up to 24 months at 9% p.a..
Pay OverWith Interest Rate AtWhen You Spend
3 months0% p.a. and no one-time upfront handling feefrom RM50 
6 months0% p.a. and no one-time upfront handling feefrom RM50 
10 months0% p.a. and no one-time upfront handling feefrom RM50 
12 months0% p.a. and no one-time upfront handling feefrom RM50 
18 months0% p.a. and no one-time upfront handling feefrom RM50 
24 months0% p.a. and no one-time upfront handling feefrom RM50 
Learn more about Maybankard EzyPay
Pay OverWith Interest Rate AtWhen You Spend
6 months9% p.a. and 0% one-time upfront handling feefrom RM500 up to RM30000
12 months9% p.a. and 0% one-time upfront handling feefrom RM500 up to RM30000
18 months9% p.a. and 0% one-time upfront handling feefrom RM3000 up to RM30000
24 months9% p.a. and 0% one-time upfront handling feefrom RM5000 up to RM30000
Learn more about Maybankard EzyPay PLUS
Premium
Quick and Easy: Innovative contactless payment lets you pay quickly for purchases under RM150 at participating merchant outlets with the Visa Wave logo. Partners include jaya Grocer, GSC, AEON, KLIA Express, and The Coffee Bean.

Fees & Charges

There are always fees but how much are they?

Annual Fee
RM84.80
Annual Fee for Supplementary Card
RM42.40
Minimum monthly payment
RM25 or 5% of outstanding amount
Late payment fee
RM10 or 1% of outstanding amount, up to a maximum of RM75
Cash withdrawal fee
RM10.60 or 5.30% of withdrawn amount, whichever is higher
Interest Rate on Cash Withdrawals
18%
Daily Maximum Cash Withdrawal
RM5000
Contact-less Payment Methods
Visa Wave

*inclusive of 6% GST

Requirements

Are you eligible for this credit card?

Minimum annual income
RM30000
Minimum age for primary card holder
21 years old
Maximum age for primary card holder
65 years old
Minimum age for supplementary card holder
18 years old
Who can Apply
Anybody

Features

Get some extra help from your credit card when you need it most

Easy Payment Plan
Maybankard EzyPay
Maybankard EzyPay PLUS
Easy payment plans (EPP) are great for large purchases that you want to pay off over a period of time.
Cash Advance / Cash Loan
Maybankard Cash Treats
Maybankard EzyCash
Cash Advance is a loan against the credit limit of your card at a reasonable rate.
Balance Transfer
Maybankard Balance Transfer Program
Balance transfer allows you to consolidate debt from your other credit cards onto this card.

Maybankard Visa Wave review

What's so good (or not so good) about it?

Hate to wait at the cashier counter while your credit card payment is being processed? With Maybankard Visa Wave, you will cut down the time needed to make a payment. All it takes is just a wave of your credit card.

Wave and Pay

With Maybankard Visa Wave, cardholders can enjoy a faster way to pay for their purchases at participating merchants outlets with the Visa Wave logo. They just need to wave the credit card in front of a device known as a dongle and no signature is required.

This payment method can be used for purchases below RM150 which is ideal for most daily spending. For payments above RM150, cardholders can revert to the usual payment method via an EDC machine with the cardholder’s signature.

Save and Secure

This innovative contact-less payment method employed by Maybankard Visa Wave is designed to be highly secure, with multiple layers of encryption and fraud detection. The credit card’s signal can only operate over short distance which is the best way to avoid interference and interception. In short, Maybankard Visa Wave is equipped with high-tech safety features to safeguard the card.

Earn TreatsPoints

Maybankard Visa Wave credit card is also linked to the Maybankard TreatsPoints Rewards Redemption Programme. This rewards programme awards cardholders with one TreatsPoint with every RM1 charged to Maybankard Visa Wave credit card.

This is an easy way to collect TreatsPoints and the best part is these points are valid as long as the Maybankard Visa Wave credit card subscription is active. Hence, cardholders do not need to rush to redeem their points before expiry.

These TreatsPoints can be used to redeem many different categories of rewards including shopping & dining vouchers, home appliances, IT gadgets, fashion accessories, beauty products, fee waivers, children’s toys, free air miles and more. There is something for everyone.

Balance Transfer

It is also easy to manage outstanding balances from other credit cards and charge cards with Maybankard Visa Wave. Cardholders can transfer these balances to Maybankard Visa Wave under the Maybankard Balance Transfer plan.

There are five different options offering interest rates ranging from 0% to 0.75% per month with payment terms of 6 to 36 months. With low interest rates and longer payment periods, cardholders can save more on interest repayments as well as manage their debt more efficiently.

Low Annual Fee

With an annual fee of just RM80, Maybankard Visa Wave credit card is very affordable. It is an ideal credit card for those who are constantly on the move and appreciate the benefits of technological advances in everyday life.

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