When the nation’s biggest bank and oil company work together, you can expect big results. This is evident in the collaboration between Maybank and PETRONAS to create PETRONAS Maybank Visa Gold credit card, promising you big rewards and more value.
PETRONAS Maybank Visa Gold may be the fastest way to earn TreatsPoints especially for road warriors. You will get 5x TreatsPoints for every RM1 spent at any PETRONAS stations across the country during weekdays. For the same amount charged to your co-branded Visa credit card during the weekends, earn 8x TreatsPoints.
Besides earning reward points at PETRONAS, you can also earn 8x TreatsPoints when shopping for groceries during the weekends. What's more, your TreatsPoints will not have an expiry date, so take their time to collect points and redeem a wide range of rewards such as home appliances, IT gadgets, travel accessories, lifestyle items and fashion & beauty products, among others.
Value for Money
With up to 8x TreatsPoint awarded for each RM1 spent, accumulation of reward points is a breeze. The wide range of rewards which cardholders can cash in on using the TreatsPoints including free petrol and air flights makes PETRONAS Maybank Visa Gold a great-value-for-money credit card.
Running out of cash? Redeem free petrol at PETRONAS by exchanging it with your TreatsPoints. This feature is particularly useful to help Maybank cardholders to maximise the mileage on their fuel expenditure.
Complimentary Air Travel
In addition, you can also exchange your PETRONAS Maybank Visa Gold's TreatsPoints with air miles from Malaysia Airlines, Singapore Airlines or any other airlines of their choice.
With such a generous reward points system, don't hesitate to swipe your Visa Gold credit card because you could be enjoying free flights.
This credit card also comes with a balance transfer feature which allows cardholders to transfer outstanding balances from other credit cards or charge cards to PETRONAS Maybank Visa Gold, enabling you to settle the combined outstanding card balances more efficiently.
For maximum flexibility, the Maybank Balance Transfer offers five different plans. You can opt to settle their debt with interest rates ranging from 0% to 0.75% and payment terms of 6 to 36 months. With such low interest rates, the savings in interest repayments will be quite significant.
More savings is installed for PETRONAS Maybank Visa Gold cardholders who love to shop as Maybank EzyPay is included in the PETRONAS Maybank Visa Gold benefits package. This easy payment scheme will give you the freedom to shop at selected merchants with no interest at all.
They can also choose to stretch the payment terms for their purchases up to 36 months.
Free for Life
To apply for PETRONAS Maybank Visa credit card, you must be at least 21 years old and have a minimum income of RM2,500 per month or RM30,000 per year. This highly affordable credit card is also super easy to maintain as both the principal and supplementary cards are free for life.
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 for retail transaction, provided that the outstanding balances carried forward from the previous month's statement cycle are paid in full before payment due date.