Maybankard Balance Transfer Islamic Ikhwan Card

Save more with lowest profit rates starting from 0% and enjoy a long repayment period of up to 36 months - choose a plan that meets your needs!

Maybankard Balance Transfer Islamic Ikhwan CardLong Repayment Period
Interest Rate
- to - p.a.

Interest Rate

What you earn based on the amount that you have in your account

Min. AmountMax. AmountInterest Rate
RM1,000No maximumNo interest
RM1,000No maximumNo interest
RM1,000No maximumNo interest
RM1,000No maximumNo interest
RM2,000No maximumNo interest

Features

What would make it different?

Fees & Charges

Requirements

Who can apply
  • Malaysians
  • Foreigners

More Information

Looking for a balance transfer plan which helps you save, while following the financial principles mandated by the teachings of Islam? Then Maybank Islamic Ikhwan Card Balance Transfer is the Islamic balance transfer plan for you.

Tell me about this balance transfer plan.

Similar to Maybank Balance Transfer Program, you can consolidate the outstanding balances from up to 3 different credit cards to an Islamic balance transfer plan. The minimum transfer amount is RM1,000 for 6, 9, 12 and 24-month tenures, whereas for 36 months is RM2,000. 

The profit rate for this balance transfer program may vary from time to time. Please see table below for the latest one:

Tenure (months)6 9122436
Profit Rate (p.a.)0%9%0%4.50%4.95%
Upfront Fee (one-time)1.88% on approved amountnil3% on approved amountnilnil
Min TransferRM1,000RM1,000RM1,000RM1,000RM2,000
Max TransferUp to RM50,000Up to 90% credit limitUp to RM50,000Up to 90% credit limitUp to 90% credit limit

Click here for Maybank Islamic Balance Transfer Product Disclosure Sheet

Click here for Maybank Islamic Balance Transfer Terms and Conditions

Can supplementary card holder apply for a balance transfer?

Only principal card members are eligible to apply for Maybank Islamic Ikhwan Card Balance Transfer, whether you are a new or existing Maybank credit card holder.

What if I fail to make required monthly instalment payment?

In this case, Maybank will revert your balance transfer to a tiered profit rate between 15%-18% p.a.

Do I need to make a minimum monthly payment?

If you are unable to make your monthly repayments in full, try to make minimum repayments of at least 5% of the outstanding amount to avoid forfeiting your special balance transfer profit rate.

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