Best Maybank Credit Cards Malaysia - A comparison of rewards, eligibility, fees and rates

Looking for the best Maybank credit card for your specific spending habits? This guide is for you, covering all you need to know about which Maybank credit card is the best, whether you want low fees, great travel rewards, or ways to get cash back on spending.

Our Maybank credit card comparison looks at 5 popular Maybank credit cards in Malaysia, to compare the features, fees and rewards, and to help you choose. Plus we have a quick look at the Wise card which can help you cut foreign transaction fees while you’re abroad.

Overview

What to consider when choosing a credit card?

There are a few different factors to consider when you pick the best Maybank credit card for your needs. Credit cards always have minimum income requirements and eligibility rules - so you might find that some of the Maybank credit cards we’ve highlighted suit you better than others. Before you pick have a think about these important factors:

Minimum income - the popular Maybank credit cards we’ve picked for our review have income requirements from 24,000 MYR/year, to 100,000 MYR/year, so double check you meet the criteria for the one you like the look of

Annual fee - we’ve included cards with and without annual fees to offer a choice. It’s common to find cards have the fee waived in year one as well, and in some cases you can qualify to waive the charge on an ongoing basis if you spend with your card frequently

Interest rates - the Maybank credit card interest rate you pay for using your card depends on how frequently you pay your bill promptly. Clear your charges quickly to get a better rate¹

Rewards, benefits, miles and cash rebates - there’s a huge range of choice for rewards on Maybank credit cards, making it well worth comparing a few to snag rewards you’ll actually value

Foreign transaction fee - Maybank credit cards have a foreign transaction fee of either 2.25% or 2.5% depending on the network¹. This applies whenever you spend in a foreign currency so choosing the lowest available fee makes sense

Maybank Visa Signature

The Maybank Visa Signature card² has no annual fee in the first year, and ways to earn both treats rewards and cash back on different spend types.

You’ll get more Treats Points when you use your card overseas, but it is important to remember you’ll also pay more on foreign currency spending thanks to the Maybank foreign transaction fee - set at 2.25% for this card. Learn more about the Maybank Visa Signature card here.

Maybank World Mastercard

The Maybank World Mastercard³ could be a great choice if you love to travel, play golf, and want to unlock exclusive privileges.

This card has relatively high fees and minimum income requirement, but also has premium benefits on offer like free or cheap golf, airport lounge access and discounts on dining. It’s a popular option with fairly high earners who appreciate the lifestyle benefits on offer.

👀 Looking for a travel card to maximise your overseas spending? See how Wise compares with other multi-currency cards like BigPay and MAE in Malaysia

💳 Get your Wise card here

Maybank Shopee Visa Platinum

The Maybank Shopee credit card⁴ might be the obvious pick if you already use Shopee for online spending and want extra ways to boost your Shopee Coins rewards.

The Shopee benefits you can unlock with this card include extra coins on special days, so this is a good choice if you use Shopee and can wait to make purchases on specific days in order to get more rewards. There’s no annual fee and a quite low minimum income needed, making this a pretty low risk credit card for many customers.

Maybank Grab Mastercard Platinum

Malaysian Grab fans might like the Maybank Grab credit card⁵ as an easy way to get even more Grab rewards when you access services and spend.

You get extra grab points just for signing up, plus Grab Food and Grab Rides vouchers if you spend with grab regularly. On top of this, your normal spending on Grab gets one Grab Reward per ringgit, and for all other spend you get one reward for every three ringgit spent. That can make this a very easy way to build up Grab points for ride hailing, delivery and more.

Maybank 2 Gold Cards

The unusual feature of the Maybank 2 Gold Cards⁶ is that you get 2 cards in one - one Visa and one Amex, each with their own features and benefits.

Use your Amex card on weekdays for rewards points, and for cash back on weekends, or choose the Visa if you’re abroad, to cut the foreign transaction fee a little. This unusual credit card option means you can pick between the cards depending on the transaction and what matters to you.

Why pay high transaction fees when making foreign currency payments? Bring along the Wise card when you’re travelling

Give your credit card a break while you’re on vacation. Get a Wise card instead.

You’ll pay a foreign transaction fee of at least 2.25% when you spend overseas with your Maybank credit card - plus cash advance fees when you use an ATM. Even if you’re earning rewards on your spending, these extra fees mount up quickly.

Try Wise instead. Wise accounts support 40+ currencies and have no foreign transaction fee. You can also get some free ATM withdrawals every month to make it easier and cheaper to get cash while you’re away from home.

🚀 Order your very own Wise card

Maybank credit card application

You can usually apply online for a Maybank credit card, or you can get the Maybank credit card application form online⁷, complete it and call into a branch to submit your application if you’d rather. To prove your ID and your income, you’ll need to prepare some documents in advance, which depend on your nationality and employment status:

If you’re employed in Malaysia, and a citizen or PR you’ll normally be able to apply with the following documents:

• Copy of NRIC (both sides) or Passport, including that of supplementary applicant's
• Latest BE form with official tax receipt
• Latest 3 months' salary slips
• Latest 6 months' savings account activity/current account statement

If you are self-employed, you will need to provide documents like:

• Copies of Business Registration
• Latest 6 months' Bank Statements

If you are an expatriate, you’ll also need to provide:

• A letter from employer confirming duration of employment contract in Malaysia

If you’re in the market for a credit card, this guide to Maybank credit cards in Malaysia should give you plenty to think about. While you’re at it, why not also grab a Wise card to use for your overseas spending, with no foreign transaction fee and the mid-market exchange rate.