Maybank Visa Platinum Debit payWave

A Debit cum an ATM card that carries both Visa Card EMV chip and Bankard (PMPC) application with added wave function.

Annual fee:
Free


Annual income:
Nil

Kindly take note that effective 9 May 2015, all Visa and MasterCard Debit Cardholders will receive a SMS (Short Message Service) for any retail purchases of RM500 and above charged to their Visa or MasterCard Debit for signature base transactions only. The SMS alert is not applicable for Pin base retail transaction.

This is in-line with the mandatory guideline issued by Bank Negara Malaysia and the alert via SMS will be applicable to the following transactions:


Features


Benefits


Who can apply?


How to apply?


How to activate ATM/Debit Card for Overseas Use & Set Purchase Limit

Click here to find out more


Required Documents

Primary Documents

  1. MyKad (IC)/Police or Armed Forces ID Card
  2. Birth Certificate and MyKid (i.e for in-trust and minor accounts)
  3. Passport (i.e for non-residents/foreigner)
  4. Minimum Deposit for Current/Saving Account open:

Supporting/Secondary Documents:

  1. Valid Passport (for Residents)
  2. Valid Driving License (for Residents)
  3. Utility Bills (e.g water/ electricity/ telephone bills, Quit Rent, Assessment Notice) in the name and address of the customer opening the account.
  4. Letter of Confirmation from Employer, Educational Institution etc.
  5. Credit Card (if any).


Fees & charges

The charges for the issuance of the Maybank Visa Platinum Debit payWay Card  shall remain the same as the existing Bankcard including charges impose for cash withdrawals, as follows:

Card issuance

Card issuance

Fees & Charges

Opening new account - for unlimited withdrawal RM8
Annual service fee Free
Card replacement due to faulty chip Free
Renewal (after 7 years expiry date) Free*
*1 year before and 1 year after card expiry date
Conversion from Maybank Bankcard to Maybank Visa Platinum Debit payWave RM12
Conversion from Maybank Visa Debit/MasterCard Debit  to Maybank Visa Platinum Debit payWave RM12
Replacement due to lost/stolen/damaged card, forgotten PIN RM12

Transaction fee

Transaction Fee
First four (4) cash withdrawals in a month at any Maybank ATM Free
Fifth withdrawal and above in a month
RM0.50 per withdrawal (charge will be debited directly from account at the end of each transaction)
*Fee waived if you have a balance of above RM5,000 at time of withdrawal (optional) or single transaction of maximum withdrawal of RM1,500 and above
*Unlimited withdrawal at any Maybank ATM : RM8 per annum
RM0.50 per withdrawal
(Charge will be debited directly from account at the end of each transaction)
Cash withdrawal at other domestic banks' ATMs RM1 per withdrawal
(Charge will be debited directly from account at the end of each transaction)
Cash withdrawal at international banks' ATM via Visa Plus platform RM12 per withdrawal
Non-cash ATM transactions such as e-balance enquiry, fund transfer to any Maybank account, local cheque deposit, cash deposit, etc Free
Retail purchase at merchants/retailers Free
Penalty fee on overdrawn account (for customers that has OD) RM10

The Malaysian Goods & Services Tax (GST) will be imposed on all fees/charges charged by the Bank to our cardmembers where applicable effective 1 April 2015 at the current prevailing rate.


View Terms & Conditions (PDF)

View Maybank Visa Platinum Debit Product Disclosure Sheet (PDS)

View SMS Transaction Alerts for Debit Cards FAQ

Travel abroad with ease when you activate Maybank Debit Cards. Click here to find out more.

 

Close this window