Best Maybank Credit Cards 2019

As the biggest bank in Malaysia and the fourth biggest bank in Singapore, Maybank boasts a robust set of credit cards for Singaporeans. To help you find your ideal card, our team has handpicked several Maybank credit cards with outstanding features and value propositions.

Best Maybank Credit CardsCard Features
Best for MilesMB HorizonMarket-leading 3.2 miles per S$1 select local spend
Best for CashbackMB Family & FriendsRebates up to 8% in Singapore & Malaysia
High SpendersMB FC BarcelonaHighest unlimited local rebate–1.6% on all spend
Low SpendersMB Platinum VisaUp to 3.33% rebate with S$300 min. spend requirement
Golfing PrivilegesMB WorldFree green fees at 120 fairways across 25 countries
Best for StudentsMB eVibesHighest rebate for students–1% on all spend

Best Card for Earning Miles Locally: Maybank Horizon Visa Signature Card

Consider this if you want to maximise miles earned on dining and petrol

Annual Income Requirement S$50,000
Foreigner Income Requirement S$60,000
Promotions:
  • Receive free American Tourister Luggage w/ S$300 monthly spend for 2mo (req. both card + Creditable applications)

Maybank Horizon Visa Signature Card offers the highest miles rewards rate for local spend on the market–in addition to impressive overseas rates & travel perks. Cardholders earn 3.2 miles per S$1 spend on local dining, taxis & Grab, petrol, and hotel bookings with Agoda. Most travel cards offer just 1.1–1.4 miles per S$1 local spend.

In addition, cardholders receive 2 miles per S$1 spend on foreign currency transactions, air tickets & travel packages–a respectable rate, equal to even some of the pricier travel cards. This rewards structure allows you to earn in key spending categories in day-to-day life, but still earn miles for planning a vacation and travelling.

Maybank Horizon Card also comes with a few perks. Cardholders enjoy free travel insurance and airport lounge access. Even better, cardholders who spend S$18,000/year (about S$1,500/month) are exempt from the S$180.0 fee. Very few traditional travel cards come with fee waivers. Overall, if you spend a great deal of your budget locally but want to earn miles rewards, there’s no better option than Maybank Horizon Card.

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  • Annual fee: S$180.0, 3-year waiver, subsequently with S$18,000 annual spend
  • 3.2 miles per S$1 local spend on dining, petrol, taxis, Grab & hotel bookings with Agoda
  • 2 miles per S$1 spend on air tickets, travel packages & foreign currency transactions
  • Up to 17.2% fuel savings on petrol in Singapore
  • Access to airport lounges & free travel insurance
  • 3.2 miles per S$1 local spend on dining, petrol, taxis, Grab & hotel bookings with Agoda
  • 2 miles per S$1 spend on air tickets, travel packages & foreign currency transactions
  • Up to 17.2% fuel savings on petrol in Singapore
  • Access to airport lounges & free travel insurance

Best Card for Rebates in Singapore & Malaysia: Maybank Family & Friends MasterCard

Consider this if you spend a lot of time in both Singapore and Malaysia

Annual Income Requirement S$30,000
Foreigner Income Requirement S$60,000
Promotions:
  • Receive free American Tourister Luggage w/ S$300 monthly spend for 2mo (req. both card + Creditable applications)

Maybank Family & Friends Card is an excellent choice if you split your time–and budget–between Singapore & Malaysia. Cardholders earn 5% rebate in both countries on dining, groceries, transport, petrol, data communications/online TV streaming & more, all after just S$500 minimum spend. With S$800 spend, cardholders earn up to 8% rebate with the same merchants. At this spend level, most competitor cards offer just 3.33% cashback or less.

Maybank F&F Card's rewards categories not only lack merchant restrictions, but also cover key spend areas. In fact, food & transport alone make up nearly half of the average consumer’s monthly budget. In addition, cardholders can even avoid the S$180.0 fee with just S$12,000 annual spend. If you have a low to mid-size budget and spend time in Malaysia, Maybank Family & Friends Card could be a match for you.

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  • Annual fee: S$180.0, 3-year waiver, subsequently with S$12,000 annual spend
  • Up to 8% rebate on dining, groceries, transport, petrol & data communications/online TV streaming in Singapore & Malaysia, after S$800 min spend (5% rebate with S$500 min spend)
  • 0.3% rebate all other spend
  • Fuel savings up to 20.88% with select petrol merchants (inc. 8% rebate)
  • Annual fee: S$180.0, 3-year waiver, subsequently with S$12,000 annual spend
  • Up to 8% rebate on dining, groceries, transport, petrol & data communications/online TV streaming in Singapore & Malaysia, after S$800 min spend (5% rebate with S$500 min spend)
  • 0.3% rebate all other spend
  • Fuel savings up to 20.88% with select petrol merchants (inc. 8% rebate)

Best Unlimited Card for Local Spenders: Maybank FC Barcelona Visa Signature Card

Consider this if you want to earn an unlimited amount of cash rebate without paying an annual fee

Annual Income Requirement S$30,000
Foreigner Income Requirement S$45,000 for Malaysians; S$60,000 for Others
Promotions:
  • Receive free American Tourister Luggage w/ S$300 monthly spend for 2mo (req. both card + Creditable applications)

If you’re a high spender with a mostly local budget, you should definitely consider Maybank FC Barcelona Visa Signature Card. Cardholders earn the highest unlimited cashback rate on the market for local spend, at 1.6% (vs. 1–1.5%). This is perfect if you typically feel constrained by earnings caps (for example, if you spend S$7,000+/month). However, this card is less effective for people with high overseas spend, as cardholders earn just 0.8 miles per S$1 on foreign currency transactions.

Maybank FC Barcelona Card also stands out because of its fee-waiver. Cardholders are exempt from the S$120.0 fee with just S$10,000 annual spend. Few unlimited competitor cards offer fee-waivers. Therein, if you’re a local spender looking for a no-fee cashback card with unlimited earning potential, you might be interested in Maybank FC Barcelona Card.

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  • Annual fee: S$120.0, waived with S$10,000 annual spend
  • Unlimited 1.6% rebate on local spend
  • 2 Pts (0.8 miles) per S$1 on foreign currency transactions
  • Up to 10% discount at FC Barcelona official stores
  • Free travel insurance
  • Annual fee: S$120.0, waived with S$10,000 annual spend
  • Unlimited 1.6% rebate on local spend
  • 2 Pts (0.8 miles) per S$1 on foreign currency transactions
  • Up to 10% discount at FC Barcelona official stores
  • Free travel insurance

Best Rebate Card for Low Spenders: Maybank Platinum Visa Card

Consider this if you spend S$300 to S$500 per month

Annual Income Requirement S$30,000
Foreigner Income Requirement S$60,000
Promotions:
  • Receive free American Tourister Luggage w/ S$300 monthly spend for 2mo (req. both card + Creditable applications)

Maybank Platinum Visa Card is the best rebate card on the market for low-spenders. In fact, cardholders can earn up to 3.33% flat cashback after just S$300 local spend, capped at S$30/quarter. At this rate, most cashback cards just offer a base rewards rate of 0.3%. This means for the same spend, you’ll earn 10x the rewards with Maybank Platinum Visa Card.

Higher spend earns a higher rebate (S$1,000/month earns S$100/quarter), but this rate isn’t quite as competitive. Even still, Maybank Platinum Visa Card is a great fit for lower spenders because of its easy fee-waiver. The S$20.0 quarterly service fee is waived 3 years, and then simply with card use. Overall, if you’re having trouble hitting the monthly minimum spend requirements of a typical cashback card, you can quickly multiply your rewards and avoid an annual fee with Maybank Platinum Visa Card.

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  • Quarterly service fee: S$20.0, 3-year waiver, subsequently with card use at least 1x/quarter
  • S$30 quarterly rebate with at least S$300 monthly spend (local only)
  • S$100 quarterly rebate with at least S$1,000 monthly spend (local only)
  • 0.3% rebate on overseas spend, capped at S$50/month
  • Local spend below S$300 minimum does not earn rebate
  • No minimum spend requirement for overseas rebate
  • Free travel insurance
  • Quarterly service fee: S$20.0, 3-year waiver, subsequently with card use at least 1x/quarter
  • S$30 quarterly rebate with at least S$300 monthly spend (local only)
  • S$100 quarterly rebate with at least S$1,000 monthly spend (local only)
  • 0.3% rebate on overseas spend, capped at S$50/month
  • Local spend below S$300 minimum does not earn rebate
  • No minimum spend requirement for overseas rebate
  • Free travel insurance

Best Miles Card for Golfing Privileges: Maybank World MasterCard

Consider this if you are an avid golfer who travels frequently to golf clubs worldwide

Annual Income Requirement S$80,000
Foreigner Income Requirement S$80,000
Promotions:
  • Receive free American Tourister Luggage w/ S$400 monthly spend for 2mo

Maybank World MasterCard is the best miles-earning card on the market for avid golfers. Cardholders receive 2 free green fees/month at 120 fairways across 25 countries. This is 3x the number of fairways offered by the closest competitor. In addition, cardholders enjoy travel perks like free travel insurance and airport lounge access.

In addition to these perks and privileges, cardholders also earn 10 points (4 miles) per S$1 spend with select dining and luxury retail merchants. Supplementary cardholders also have access to these rates, which can be great for couples. Even better, all spend–including that by supplementary cardholders–counts towards earning a fee-waiver. The S$240.0 fee is waived entirely with S$24,000 total annual spend. Ultimately, if you’re a frequent golfer seeking access to fairways worldwide, and also want to earn miles, Maybank World MasterCard could be a great option for you.

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  • Annual fee: S$240.0, 1-year waiver, subsequently with S$24,000 annual spend
  • 10 pts (4 miles) per S$1 spend with select dining & retail merchants
  • 2 complimentary green fees/month at 120 fairways worldwide
  • Free travel insurance, lounge access & global concierge
  • Up to 19.1% fuel savings on petrol in Singapore
  • Annual fee: S$240.0, 1-year waiver, subsequently with S$24,000 annual spend
  • 10 pts (4 miles) per S$1 spend with select dining & retail merchants
  • 2 complimentary green fees/month at 120 fairways worldwide
  • Free travel insurance, lounge access & global concierge
  • Up to 19.1% fuel savings on petrol in Singapore

Best Rebate Card for Students: Maybank eVibes Card

Consider this if you want to maximise cashback on everyday spending

Annual Income Requirement N/A
Foreigner Income Requirement N/A
Promotions:
  • Receive Adidas wristwatch (worth S$120) on 1st charge, during 1st month

Maybank eVibes Card is the best rebate card on the market for students, offering a market-leading 1% cashback on all spend. In fact, this rate is 4x higher than most competitor cards’ and there are no merchant restrictions, unlike the closest alternative. Cardholders do not need to worry about minimum spend requirements and the S$5.0 quarterly service fee is waived simply with card use. This makes Maybank eVibes Card extremely easy to use and maintenance-free–perfect for students just starting out with their first credit card.

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  • Annual fee: S$20.0, waived with card use at least 1x/3mo
  • 1% unlimited rebate on all spend, no minimum requirement
  • S$500 credit limit
  • Access to Maybank TREATS discounts
  • Annual fee: S$20.0, waived with card use at least 1x/3mo
  • 1% unlimited rebate on all spend, no minimum requirement
  • S$500 credit limit
  • Access to Maybank TREATS discounts

Summary of Best Maybank Credit Cards 2019

Below, we've prepared a summary of our picks for the best Maybank credit cards 2019.

CardBest for...Annual Fee
Maybank HorizonMiles for Local SpendS$180.0 (waiver)
Maybank F&FSpend in Singapore & MalaysiaS$180.0 (waiver)
Maybank FC BarcelonaUnlimited Local CashbackS$120.0 (waiver)
Maybank Platinum VisaLow SpendersS$80.0 (waiver)
Maybank WorldAir Miles for GolfersS$240.0 (waiver)
Maybank eVibesHighest Flat Rebate for StudentsS$20.0 (waiver)
CardBest for...Annual Fee
Maybank HorizonMiles for Local SpendS$180.0 (waiver)
Maybank F&FSpend in Singapore & MalaysiaS$180.0 (waiver)
Maybank FC BarcelonaUnlimited Local CashbackS$120.0 (waiver)
Maybank Platinum VisaLow SpendersS$80.0 (waiver)
Maybank WorldAir Miles for GolfersS$240.0 (waiver)
Maybank eVibesHighest Flat Rebate for StudentsS$20.0 (waiver)

Similar Cards from Other Banks to Consider

To help you find your ideal rewards card, we have compared an contrasted each of the Maybank cards with similar cards from other banks. Most of these cards offer fantastic rewards in that cater to people with different needs.

A graph displaying how best Maybank credit cards compare to other cards in Singapore in terms of their rewards
Comparing Dollar Value of Best Maybank Cards with Similar Cards from Other Banks

Furthermore, you should note that the dollar value can heavily depending on your spending habits. Therefore, it is very important to read through each card's review and assess if it fits your monthly budget and spending habits. There are also other "intangible" benefits like complimentary travel insurance and free access to airport lounges whose values are difficult to quantify but nevertheless incredibly valuable to some consumers.

Maybank Horizon Card vs HSBC Revolution Card

HSBC Revolution Card is a great option if you’re miles-seeking, social spender that often shops online. Cardholders earn 2 miles per S$1 on local dining, entertainment and online spend–including transit and bill payments, which are typically excluded from rewards programs. Overseas and general spend, however, earn just 0.4 miles per S$1. There are no minimum spend requirements, no earnings caps, and the S$160.5 annual fee is waived with just S$12,500 annual spend.

Maybank Horizon Card offers higher rates for both local and overseas spend, and also comes with a fee-waiver. However, it does not reward entertainment or online purchases. If you’re looking for rewards in these categories, you’re better off with HSBC Revolution Card.

Maybank Family & Friends Card vs OCBC 365 Card

OCBC 365 Card is the best no-fee rebate card for daily essentials on the market. Cardholders earn up to 6% cashback on dining and 3% on groceries, transport, online travel & recurring bills. There’s an S$800 minimum spend requirement to access these rates, but cardholders can earn up to S$80/month, and avoid paying an annual fee with just S$10,000 annual spend. Cardholders don’t need to worry about merchant restrictions, and rates apply worldwide.

Maybank Family & Friends Card offers higher rates in similar categories, after as little as S$500 spend. However, rewards are limited to specific merchants, and only apply in Singapore & Malaysia. If you frequently spend in these countries, you may prefer Maybank F&F Card, but if you’re a broader spender and want to earn cashback no matter where you spend, OCBC 365 Card may be the better option.

Maybank FC Barcelona Card vs Standard Chartered Unlimited Cashback Card

Standard Chartered Unlimited Cashback Card is an excellent choice for high spenders as it offers 1.5% rebate on all spend, locally and overseas, with no cap on earnings. Cardholders also enjoy transport perks–the card is EZ-Link compatible, rewards Auto Top-Ups, and offers up to 21% fuel savings with Caltex. There is a S$192.6 fee, waived 2 years.

Maybank FC Barcelona Card, on the other hand, offers a higher unlimited local rate (1.6%) but a lower overseas rate (equivalent of 0.8%). While there aren’t transport perks, there are travel perks like free travel insurance. Finally, Maybank FC Barcelona Card stands out for offering a fee-waiver. If you’re a high spender with a local budget, you’ll likely benefit from Maybank FC Barcelona Card; if you often spend overseas or want special transport benefits, you may be better off with SC Unlimited Cashback Card.

Maybank FC Barcelona Card vs CIMB Visa Infinite Card

CIMB Visa Infinite Card
CIMB Visa Infinite Card

CIMB Visa Infinite Card is the best unlimited cashback card for travellers. Cardholders earn 1% flat rebate on general spend and 2% on travel and overseas expenses after a S$2,000 minimum. There are no earning caps, making CIMB Visa Infinite Card perfect for high spenders. In addition, cardholders enjoy perks typically associated with miles-earning cards, like free travel insurance and 3 free lounge visits/year. Finally, CIMB Visa Infinite Card is the only unlimited card that’s free forever–no waivers involved.

Maybank FC Barcelona Card is at the opposite side of the spectrum. Cardholders are rewarded for local spend, but receive far lower rates overseas. While cardholders can also avoid paying an annual fee, they must earn a waiver by hitting S$10,000 annual spend to do so. Overall, if you’re a local high spender, Maybank FC Barcelona Card will better maximise your rewards, but if you frequently travel, you’re better off with CIMB Visa Infinite Card.

Maybank Platinum Visa Card vs UOB One Card

If you consistently spend S$2,000/month, you’ll earn the highest flat rebate on the market with UOB One Card. At this spend level, cardholders earn 5% cashback on all spend, up to S$300/quarter. Lower spenders earn 3.33% rebates up to S$50 or S$100/quarter, depending on their minimum spend. UOB One Card is so great because rebates apply to all transactions, including bill-pay. Cardholders are able to consolidate all their expenses onto one card, making it easy to reach the S$2,000 minimum required for the highest rebate tier. There is a S$192.6 fee, but it’s waived the 1st year.

Maybank Platinum Visa Card also offers a tiered rebate system, but it’s far more accessible for lower spenders. Spending just S$300 earns a 3.33% rebate–at this level, cardholders wouldn’t earn at all with UOB One Card. Also, Maybank Platinum Visa Card comes with an easy fee-waiver. Overall, UOB One Card is a great option for average spenders, but Maybank Platinum Visa Card is far better for low spenders.

Maybank World MasterCard vs CIMB World MasterCard

CIMB World Mastercard
CIMB World Mastercard

CIMB World MasterCard is the best cashback card on the market for golfers. Cardholders enjoy complimentary green fees at 40 fairways across 7 countries in SE Asia. In addition, cardholders earn an unlimited 1.5% rebate, while leisure spend earns 2% (wine & dine, entertainment, recreation, automobile, and spend at duty-free stores). There’s never a fee, so high spending golfers can enjoy top perks and unlimited earning potential without worrying about extra costs.

Ultimately, CIMB World MasterCard is an exceptional option for affluent golfers seeking cashback. Those who prefer earning miles and who want access to a wider range of fairways worldwide, however, may prefer Maybank World MasterCard.

*ValueChampion calculates the dollar value of rewards based on S$2,000 of monthly spending. We sum the value of points, miles and cashback in dollar terms and subtract the annual fee over a 24-month period. The estimates here are ValueChampion's alone, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

Carrie Arndt

Carrie is a Senior Analyst at ValueChampion, specialising in credit cards in Singapore. She previously led consumer studies worldwide as a Senior Research Executive at MMR Research.

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