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 the PETRONAS Maybank Visa Gold credit card, promising you big rewards and more value.
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.
PETRONAS Maybank Visa Gold - 8x TreatsPoints
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 station 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 your time to collect points and redeem a wide range of rewards such as home appliances, IT gadgets, travel accessories, lifestyle items and fashion and beauty products, among others.
Value for Money
With up to 8x TreatsPoint awarded for each RM1 spent, the 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 this Maybank credit card a great-value-for-money credit card.
Free Petrol from PETRONAS Maybank Visa Gold
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.
Petronas Maybank Visa Gold Interests Savings
This credit card also comes with a balance transfer feature that 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 are installed for this Maybank cardholder who loves to shop as Maybank EzyPay is included in the 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 for up to 36 months.
Free for Life
To apply for PETRONAS Maybank Visa Gold 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. For expatriates, however, you must be earning a minimum annual income of RM60,000 to be eligible.
This highly affordable credit card is also super easy to maintain as both the principal and supplementary cards are free for life.
PETRONAS Maybank Visa Gold Finance Charge
What is 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 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.
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-day interest-free period, provided that the outstanding balances of your PETRONAS Maybank Visa Gold carried forward from the previous month's statement cycle are paid in full.