What Sets Apart the Maybank MyDebit Kawanku Card From Other Debit Cards?
It is a basic, non-scheme debit card that functions separately from the global Visa or Mastercard networks.
This card is designed to cater strictly to domestic banking needs, allowing cardholders to perform ATM banking and make cashless payments at Point-of-Sale (POS) terminals that display the MyDebit logo within Malaysia.
What Benefits Do I Get To Enjoy?
- Widespread Local Acceptance: Pay easily at thousands of merchant outlets across Malaysia using the MyDebit network.
- ATM Access: Perform cash withdrawals, deposits, and fund transfers at all Maybank and MEPS ATMs nationwide.
- Cost-Effective: Enjoy the benefits of a debit card with No Annual Fee (for the card issuance itself).
- Spending Control: Since the card is not accepted for online (e-commerce) or overseas transactions, it serves as an excellent tool for budgeting and controlling expenses.
What Makes This Card Unique?
To ensure a secure banking experience, the Maybank MyDebit Kawanku Card is equipped with a high-security smart chip and requires a 6-digit PIN for all transactions, protecting you against unauthorised usage.
It also features contactless technology, allowing you to make quick "tap-and-go" payments for purchases up to RM250 without entering a PIN, speeding up your checkout process at counters.
The card is designed for flexible daily usage limits. While it comes with a default daily purchase limit of RM3,000, cardholders have the option to adjust this limit up to RM10,000 to suit their personal spending needs.
This customisation can be done easily via Maybank ATMs or over-the-counter services, giving you full control over your financial accessibility while maintaining security.
Any Fees That I Should Know?
- Annual Fee: Free (No annual fee for the card).
- ATM Withdrawal Fee:
- Free for the first 4 withdrawals per month at Maybank ATMs.
- RM0.50 per withdrawal from the 5th withdrawal onwards (waived if account balance > RM5,000).
- RM8.00 per annum (Optional) for unlimited withdrawals at Maybank ATMs.
- RM1.00 per withdrawal at MEPS ATMs.
- Card Replacement Fee: RM12.00 (for lost, stolen, or damaged cards).
- Sales Draft Retrieval Fee: RM15.00 per copy.
What Are the Transaction Limits?
- Daily Purchase Limit: Default RM3,000 (Changeable up to RM10,000).
- Contactless (Wave) Limit: RM250 per transaction without PIN.
- ATM Withdrawal Limit: Default RM1,000, usually adjustable up to RM5,000 or RM10,000 depending on the account status and settings.
Who Is Eligible to Apply?
Existing Account Holders:
- Individuals who maintain a valid Maybank Savings or Current Account.
Specific Applicant Groups:
- This card is often the primary option for customers who may not qualify for or require a Visa/Mastercard Debit (e.g., minors, specific non-residents, or by invitation for customers from specific sanctioned countries as per the PDS).
