Compare the Latest Maybank Credit Card Promotions in Singapore 2018

Updated August 2018

Find the latest Maybank credit card promotions in Singapore. Get free luggage, cash rebates, bonus miles and other attractive gifts when you sign up for these credit cards.

Maybank Horizon Visa Signature
Maybank Horizon Visa Signature

S$1 = 8X Points

on Dining, Petrol, Taxi and Hotel Bookings at Agoda

S$1 = 5X Points

on Air Tickets, Travel Packages and Foreign Currency Spend

1 Point = 0.5 miles

Rewards to Miles Conversion for Selected Airline Partners

  • Get a Samsonite Orfeo 69cm Spinner (worth S$420)

Promo Features

  • Receive a Samsonite Orfeo 69cm Spinner worth S$420 when you sign up for 2 new Maybank Credit Cards and CreditAble Account
  • Spend a minimum of S$500 to your Credit Cards and/or CreditAble account within the first 2 months of Card approval to be eligible for this promotion
  • Promotion is exclusive for new Maybank Credit Card and CreditAble applicants who do not hold any Maybank Credit Card(s) or CreditAble Account and/or have not cancelled their existing Maybank Credit Card(s) or their existing CreditAble Account within nine months prior to the start of this Promotion
  • Limited to first 8,500 applicants
  • Subsequent successful applicants are entitled to S$50 cash credit
  • Valid until July 31, 2018
  • Additional Terms and Conditions apply

Annual Rates

Principle Annual Fee
$180
Supplementary Annual Fee
Complimentary
Fee Waiver
Waived with min. spend of S$18,000 p.a.
Annual Interest Rate
25.90%

Eligibility

Singaporean Minimum Income
$50,000
Non-Singaporean Minimum Income
$60,000
Maybank FC Barcelona Visa Signature
Maybank FC Barcelona Visa Signature

1.6%

Cash Rebate on All Local Spend

S$1 = 2X Points

on Spend in Foreign Currency

S$0

Min. Spend per month

  • Receive a limited edition Maybank FC Barcelona Cap and Lanyard
  • Get a Samsonite Orfeo 69cm Spinner (worth S$420)

Promo Features

  • Get a Samsonite Orfeo 69cm Spinner (worth S$420)
  • Win a trip for 2 to watch FC Barcelona LIVE in Camp Nou
  • Receive a limited edition cap and lanyard for first 100 applicants at various Maybank Branches

Annual Rates

Principle Annual Fee
$120
Supplementary Annual Fee
Complimentary
Fee Waiver
Waived with min. spend of S$10,000 p.a.
Annual Interest Rate
25.90%

Eligibility

Singaporean Minimum Income
$30,000
Non-Singaporean Minimum Income
$60,000
Maybank World Mastercard
Maybank World Mastercard

S$1 = 10X Points

on Dining, Retail & Petrol

1 Point = 0.5 miles

Rewards to Miles Conversion for Selected Airline Partners

Conversion Fee

Waived for each conversion of points to frequent flyer miles

  • Get a Samsonite Orfeo 69cm Spinner (worth S$420)

Promo Features

  • Receive a Samsonite Orfeo 69cm Spinner (worth S$420) when you sign up for a new Maybank World Mastercard
  • Charge a minimum of S$700 to your Credit Card with first 2 months of Card approval to be eligible for this promotion
  • Promotion is exclusive for new Maybank Credit Card applicants who do not hold any Maybank Credit Card(s) and/or have not cancelled their existing Maybank Credit Card(s) within nine months prior to the start of this Promotion
  • Additional Terms and Conditions apply

Annual Rates

Principle Annual Fee
$240
Supplementary Annual Fee
Free
Fee Waiver
1 year fee waiver; subsequent years waived with total minimum spend of S$24,000 per annum
Annual Interest Rate
25.90%

Eligibility

Singaporean Minimum Income
$80,000
Non-Singaporean Minimum Income
$80,000
Maybank Family & Friends Card
Maybank Family & Friends Card

Up to 8%

Cash Rebate at selected merchants

0.3%

Cash Rebate on All Other Spend

S$600

Cash Rebate Cap per year

  • Get a Samsonite Orfeo 69cm Spinner (worth S$420)

Promo Features

  • Receive a Samsonite Orfeo 69cm Spinner worth S$420 when you sign up for 2 new Maybank Credit Cards and CreditAble Account
  • Spend a minimum of S$500 to your Credit Cards and/or CreditAble account within the first 2 months of Card approval to be eligible for this promotion
  • Promotion is exclusive for new Maybank Credit Card and CreditAble applicants who do not hold any Maybank Credit Card(s) or CreditAble Account and/or have not cancelled their existing Maybank Credit Card(s) or their existing CreditAble Account within nine months prior to the start of this Promotion
  • Limited to first 8,500 applicants
  • Subsequent successful applicants are entitled to S$50 cash credit
  • Valid until July 31, 2018
  • Additional Terms and Conditions apply

Annual Rates

Principle Annual Fee
$180
Supplementary Annual Fee
0.0
Fee Waiver
Waived with min. spend of $12,000 p.a.
Annual Interest Rate
25.90%

Eligibility

Singaporean Minimum Income
$30,000
Non-Singaporean Minimum Income
$60,000
Maybank Platinum Visa Card
Maybank Platinum Visa Card

Up to 3.33%

Cash Rebates on All Local Spend

0.3%

Cash Rebate on Overseas Spend

S$100

Cash Rebate Cap per quarter

  • Get a Samsonite Orfeo 69cm Spinner (worth S$420)

Promo Features

  • Receive a Samsonite Orfeo 69cm Spinner worth S$420 when you sign up for 2 new Maybank Credit Cards and CreditAble Account
  • Spend a minimum of S$500 to your Credit Cards and/or CreditAble account within the first 2 months of Card approval to be eligible for this promotion
  • Promotion is exclusive for new Maybank Credit Card and CreditAble applicants who do not hold any Maybank Credit Card(s) or CreditAble Account and/or have not cancelled their existing Maybank Credit Card(s) or their existing CreditAble Account within nine months prior to the start of this Promotion
  • Limited to first 8,500 applicants
  • Subsequent successful applicants are entitled to S$50 cash credit
  • Valid until July 31, 2018
  • Additional Terms and Conditions apply

Annual Rates

Principle Annual Fee
$0
Supplementary Annual Fee
0.0
Fee Waiver
Waived when card is charged once every 3 months
Annual Interest Rate
15.00%

Eligibility

Singaporean Minimum Income
$30,000
Non-Singaporean Minimum Income
$60,000
All results loaded

What Are Credit Card Promotions?

We all have that one relative or friend who swears by credit card sign-up promotions. Every time you see them, they seem to have a new piece of Samsonite luggage for their collection or a wad of Takashimaya vouchers to blow.

Unlike with rewards or miles credit cards, such introductory promotions typically do not require you to accumulate and redeem points. Instead, banks offer attractive sign-up gifts like branded luggage to entice new customers. The credit card itself can be any sort of card.

Types of Credit Card Promotions

Here are 3 common types of promotions offered by credit cards in Singapore:

Free Gifts

Promotional freebies that await when you sign up for a credit card. Apart from that perennial favourite – free luggage – there are also variations such as free mobile data and free petrol. Some credit cards also offer the chance to win bigger-ticket prizes such as package holidays or limited edition branded goods.

Welcome Miles/points

Miles credit cards or rewards credit cards will sometimes sweeten the deal for newcomers with a big bunch of points in the first few months of card usage. These often come with substantial minimum spends.

Cashback Promotions

Some cashback credit cards offer a big cash rebate, e.g. $100 cashback, upon successful application or the first spend on that card. Check if there is a minimum spend or any other catch before you jump at the chance to get free money.

More From The MoneySmart Blog

Check out our blog for more personal finance tips and insights.

Frequently Asked Questions

What kind of credit card promotion is best?

The ideal credit card promotion is one that merely sweetens the deal on a credit card that is already a good fit for your lifestyle and spending habits – the icing on the cake. Also, make sure you actually need the freebie on offer. If your storeroom is already bursting with 27 other American Tourister bags, maybe skip the free luggage promo this time.

How do I stay on top of new credit card promotions?

By following MoneySmart, of course! Bookmark this page for the latest promotions and keep up with our blog as we’ll feature noteworthy credit card news as it happens.

Is there a drawback to signing up for too many credit cards?

It can be tempting to sign up for many credit cards just for the introductory freebies, but having too many cards can have unintended consequences. For one thing, if you cannot keep track of your credit cards, you are more susceptible to credit card fraud. Applying for too many credit cards or having unused credit cards lying around also does not help your credit score should you wish to take out a loan in the future.