Wondering which card is better for overseas use - Trust card vs YouTrip? We compared the fees and exchange rates and also included an alternative option Wise
Are you a Manchester United fan? Well, Maybank has a credit card that can help expand your fandom and give you discounts on Manchester United experiences. The Maybank Manchester United Platinum Visa Card lets you keep a part of the team in your wallet, but that doesn’t mean it comes cheap. Read on to learn more about this unique Manchester United fan-oriented credit card.
|When sending money overseas, try our honest comparison tool to see if you could be saving money on your international transfers
|Table of contents
The Maybank Manchester United Platinum Visa Card works just like a normal credit card. Once you’re approved, you will be given a credit line that you can spend against. The card can be used for in-person transactions, online purchases, and overseas spending wherever Visa is accepted.
But that doesn’t mean there aren’t fees. Take a look below at how the fees shape up for the Maybank Manchester United Platinum Visa Card.
|Maybank Manchester United Platinum Visa Card¹
|No Annual Fee
|Annual interest rate
|Overseas exchange rate
|Set by Visa
|Late payment fee
|1% of the unpaid amount, with a min. RM 10/max. RM 100
|Minimum monthly repayment
|5% or RM 25, whichever is higher
|Foreign currency transaction fee
|Cash advance transaction fee
|5% of the amount taken out, with a min. of RM 18.
The Maybank Manchester United Platinum Visa Card is available to everyone between 21-65 years old. If you are Malaysian, you are required to have a minimum annual income of RM 30,000. For foreigners, the minimum annual income is higher at RM 60,000.
To apply you will need to show your NRIC or Passport, as well as income verification documents. This can be salary slips, or even your bank account statement for the past 3 months. Foreigners will need to show evidence of employment in Malaysia for at least a year. You can apply directly online or at a Maybank branch near you.²
The Maybank Manchester United Platinum Visa card can be used for all types of purchases at the store or online. As long as the merchant takes Visa, you can use the card. But being a Manchester United affiliated card, there are perks for football fans. Let’s take a look.
Maybank has its own rewards programme that gives you TreatsPoints as you spend using this credit card. The TreatsPoints can then be exchanged for dining, travel and shopping deals with Maybank. You can earn 1 TreatsPoint with spending on utilities, petrol, and other monthly expenses. But with this Manchester United card, you can earn extra 5x points on groceries, and earn 10x for purchases on the Manchester United Direct Online Megastore. Plus, you earn 5x TreatsPoints on all purchases the day that the team wins a Premier League Match.³
You can also get discounts when you buy online from the official store or go to watch your favourite team in person. When you use your Maybank Manchester United Platinum Visa Card at the United Online Megastore & Outlet, you get 10% off on all full-priced items. And when you are at Old Trafford, you can get a 10% discount at Red Cafe and a 20% discount on the Manchester United Stadium and Museum Tour. As always, however, it’s good to read the fine print on what is and isn’t included before going.⁴
For being affiliated with an English league team, the Maybank Manchester United Platinum Visa Card does not make it cheap to travel or use the card when you head to Old Trafford. Overseas spending with this card gets you hit with two different fees- the hidden exchange rate and the foreign transaction fee.
With Visa setting the exchange rate, the credit card company is able to sneak in another fee in the exchange rate your purchases get converted. The rate is set a little lower than the banks’mid-market exchange rate, and the difference turns into a fee for you. And with all of your overseas transactions being converted from the foreign currency into Ringgit, that means you might be giving the company more than you think on every transaction.
Add the 2.25% foreign transaction fee on top of this, and this card leaves you less money to spend on watching and being with your favorite team. Tired of overpaying for global travel? Move your money across borders with Wise.
With Wise you can send money to over 59 countries, from the comfort of your flat and at the mid-market rate. It is easy and free to sign up too. So instead of dealing with unclear fees and expensive transfers, you can have honest fees that help save you money. With Wise’s lower cost transfers around the globe, we make sure you spend money on what matters.
Sources used for this article:
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
Wondering which is better when travelling, YouTrip vs credit cards? We compared the key differences and fees between the two options.
HSBC® is a very popular bank locally and globally, with a great range of services for any Singapore resident. If you’re considering getting a HSBC credit card...
Discover the best OCBC® credit cards in Singapore for 2023! Compare features, benefits, and how to apply.
Explore the bes UOB credit cards in Singapore, categorized by rewards, annual fees, and more. Discover which card suits you the best!
We compared Amaze vs YouTrip vs Wise (formerly TransferWise) to help you find the right multi-currency card in Singapore!