Back

Credit Card Fees & Charges

Here are all the fees and charges for our credit cards.


Item Details Fee

 

Credit Cards

 

 

 

 

Maybank World Mastercard

First year: RM1000

Subsequent years: RM1000. Waived with minimum spend of RM120,000 per annum

Maybank Islamic World Mastercard Ikhwan

Principal: First year fee is FREE

Subsequent years: RM 800 (Waived with minimum spend of RM 50,000 per annum)

Supplementary: Waived up to 4 supplementary. 5th supplementary will be charged RM400

Maybank Visa Signature

First year: Free

Subsequent years: RM550. Annual fee waived for subsequent year with minimum spend of RM30,000 per annum

Maybank Visa Infinite

First year: Free

Subsequent years: RM800. Annual fee waived for subsequent year with minimum spend of RM50,000 per annum

Maybank Manchester United Visa Infinite

First year: Free

Subsequent years: RM800. Annual fee waived for subsequent year with minimum spend of RM50,000 per annum

Maybank Islamic Ikhwan Visa Infinite Card-i

First year: Free

Subsequent years: RM800. Annual fee waived for subsequent year with minimum spend of RM50,000 per annum

Maybank 2 Cards Premier Reserve American Express®

First year: Free

Subsequent years: RM800 Waived with minimum spend of RM80,000 per annum

 American Express Platinum Credit Card

First year: Free

Subsequent years: RM800

Singapore Airlines KrisFlyer American Express® Gold Credit Card

First year: Free

Subsequent years at RM250

Supplementary : RM125  

Maybank Mastercard Platinum

 RM550

 

Maybank Visa Platinum

 RM550

 

 

PETRONAS Maybank Visa Platinum

 Lifetime fee waiver

 

Maybank Islamic Ikhwan American Express Platinum Card-i

 Lifetime fee waiver

 

 Maybank 2 Platinum Cards

 

Lifetime fee waiver

 

Maybank 2 Gold Cards

Lifetime fee waiver

 

PETRONAS Maybank Visa Gold

Lifetime fee waiver

 

Maybank Manchester United Visa Card

Lifetime fee waiver

 

Maybank Islamic Mastercard Ikhwan Platinum Card

Lifetime fee waiver

 

Maybank Islamic Mastercard Ikhwan Gold Card

Lifetime fee waiver

 

Maybank Islamic PETRONAS Ikhwan Visa Platinum Card-i

Lifetime fee waiver

 

Maybank Islamic PETRONAS Ikhwan Visa Gold Card-i

Lifetime fee waiver

 

American Express® Gold Credit Card

Lifetime fee waiver

 

Maybank FC Barcelona Visa Signature

Lifetime fee waiver

 

American Express® Cash Back Gold Credit Card

First year: Free

Subsequent years: Principal: RM70 / Supplementary RM45

Maybank Visa Gold

RM130

 

Maybank Mastercard Gold

RM130

 

Maybank Visa Classic

Principal: RM60

Supplementary: RM30

Maybank Mastercard Classic

Principal: RM60

Supplementary: RM30

Maybank Touch 'n Go Zing

Subscription fee: RM10

 

 

Charge Cards

 

American Express® Card

Lifetime fee waiver

 

American Express Gold Card

RM238 (3 years fee waiver)

 

The Platinum Card®

 Annual fee: RM3,250 with up to 4 free supplementary cards

 

Other Fees and Charges

 

Cash Advance Fee (Conventional)

VISA / MasterCard / American Express

5% on the total amount withdrawn or minimum of RM18.00 per transaction,

Whichever is higher.

 

Actual Cash Withdrawal Management Charge (Islamic)

VISA / MasterCard / American Express

One-time service fee of 5% on the Cash Withdrawal amount

or minimum of RM18 per transaction, whichever is higher.

 

Finance Charges (Conventional)

VISA / MasterCard / American Express

Refer to table below:

Interest Rate

Per Month

Per Annum

For prompt repayment of 12/12 months

1.25%

15%

For prompt repayment of 10/12 months

1.42%

17%

For Prompt repayment of less than 10/12 months

1.50%

18%

Cash Advance (calculated on a daily basis)

1.50%

18%

 To enjoy lower finance charges for retail transactions, you should make at least 10 prompt payments in the last 12 months.

Finance Charges (Conventional)

VISA / MasterCard / American Express

Refer to table below:

Interest Rate

Per Month

Per Annum

For prompt repayment of 12/12 months

1.25%

15%

For prompt repayment of 10/12 months

1.42%

17%

For Prompt repayment of less than 10/12 months

1.50%

18%

Cash Advance (calculated on a daily basis)

1.50%

18%

To enjoy lower management charges for retail transactions, you should make at least 10 prompt payments in the last 12 months.

Late Charges

VISA / MasterCard / American Express

If the minimum payment is not made by payment due date, a late payment charge will be levied at 1% of the unpaid retail and cash advances/withdrawal transaction outstanding

balance, subject to a minimum of RM10, whichever is higher up to maximum of RM 100.

 Card replacement fee 

VISA / MasterCard / American Express

RM50- for every card replacement

Overseas Transaction Conversion Fee

Maybank American Express Cards

All foreign charges converted by American Express apply a conversion factor of 2.5% to the converted amount. A charge that is made in foreign currency other than U.S. Dollars will, when the conversion is done by American Express, be converted into U.S. Dollars before being converted in the cardmember billing currency.

Maybank Mastercard or Visa Cards

Transactions conducted outside Malaysia will be converted to Ringgit Malaysia on the date the transaction is received and/or processed. The converted amount is shown in the cardmember’s statement. The exchange rate may differ from the rate charged on the date of transaction due to market fluctuation. The exchange rate used to convert the transaction made in foreign currency represents a bundling of currency conversion components of 1% imposed by Visa International or Mastercard International and 1% or at such other rate imposed by Maybank.

Statement Copy Fee

RM5 per month statement (statement period within 2 years)


Note: In exception of damage, non-received and missing, the fixed fee of RM5 per statement copy applies for request above 3 months from the current statement date RM10 per month statement (statement period beyond 2 years).

Service Tax

Principal Card: RM25 per Card
Supplementary Card: RM25 per Card

Note:
• For Maybank 2 Cards - Maybank 2 American Express® Card and Maybank 2 Mastercard® or Visa Card will be charged RM25 Service Tax per card.
• For Maybank 2 Cards Premier - Maybank 2 Cards Reserve American Express® Card and Maybank Visa Infinite or Maybank Manchester United Visa Infinite will be charged RM25 Service Tax per card.

Minimum Monthly Repayment

5% of the outstanding balance or a minimum payment of RM25, whichever is higher.

Sales draft retrieval fee

RM15 per copy sales draft

Maybank Balance Transfer Programme

VISA / MasterCard / American Express

Refer to table below:

BT Plan & Tenure

Interest Rate Offered

Minimum Transfer Amount

6 Months

0% p.m. (Onetime upfront fee of 1.88% on approved amount)

RM1000

9 Months

0.75% p.m.

RM1000

12 Months

0% p.m. (Onetime upfront fee of 3.00% on approved amount)

RM1000

24 Months

0.375% p.m.

RM2000

36 Months

0.413% p.m.

RM2000

EzyCash/EzyCash-i via Maybank2u

VISA / MasterCard / American Express

· One-time fee of 3.88% of the approved amount is charged upfront as cash advance fixed fee for EzyCash/EzyCash-i 6 months repayment. 

· 0 % Interest Rate with 6 months installment.

· 8.88% p.a Interest Rate with 12/18/24/36 months installments      

Cash Treats

· 8.88% per annum

· Cash Advance Fixed Fee of RM100 applies to each approved Maybankard Cash Treats

Commission on cash transfers from credit card to current account, saving account, etc through ATM

Flat rate of 5% of the total amount of cash advance

Minimum: RM10     

Commission on payment to Credit Card from  C/A  or S/A  through ATM (irrespective  of where  the accounts are maintained)

NIL

Commission on payment received for credit of VISA Collection Account or Credit Card Cardholder's Account (online payment}

NIL

Cost of wire for authorisation of cash advance for non-online transactions and non-MBB VISA cards

NIL