Get S$30 Cash and S$100 Cashback with New Maybank Credit Card - New Customers Only

Update (06 May 2020): According to the terms and conditions from Maybank, customers are expected to apply for a CreditAble account on top of what is listed below to qualify for the S$100 new-to-bank offer. If you have applied for a Maybank credit card as a new-to-bank customer, you will also have to apply for a CreditAble account to receive your S$100 cashback after hitting the required spend stipulated below.

From now until 31 August 2020, apply for any eligible Maybank credit cards (listed in this article) and the CreditAble account as a new customer to receive S$30 cash bonus (transferred into your bank account via PayNow) and S$100 cashback after meeting a minimum spend of S$250 per month for two consecutive months upon card approval. 

Click HERE to apply for the best Maybank credit card for miles (3.2 mpd)!

As a new-to-card customer, you will need to apply for a Maybank credit card and a CreditAble account to get S$100 cashback after spending S$250 per month for two consecutive months (total of S$500 spend) following your card approval represents a 20% cashback rate in the best case scenario - this is on top of whatever cashback or points/miles that your credit card earns. If you have previously applied for a Maybank card (between 1-6 May 2020) without applying for a CreditAble card, please apply for a CreditAble account during the promotional period to be eligible for the S$100 cashback. You may choose to apply for any one of the following Maybank credit cards during the promotional period (by 31 August 2020) to enjoy the sign-up gift which consists of a cash bonus and cashback of S$130 (after meeting the spend requirement):

• Maybank Family & Friends Card - enjoy up to 8% cash rebate on groceries, fast food and food delivery, transport and petrol, data communication, and online TV streaming, as well as learning and retail.

• Maybank Horizon Visa Signature Card - get up to 3.2 mpd on local dining, bus and train, petrol, taxi fares and Agoda hotel bookings; 2 mpd on air tickets, travel packages and foreign currency transactions.

• Maybank FC Barcelona Visa Signature Card - 1.6% unlimited cash rebates for all purchases in Singapore.

• Maybank DUO Platinum MasterCard - 5% cash rebates on petrol in Singapore and Malaysia; 1.5% cash rebates in foreign currency

• Maybank Manchester United Platinum Visa Card - unlimited 1% cash rebate and 1X TREATS Points for every dollar spend; 3% cash rebate and 5X TREATS Points when Manchester United wins a Premier League match.

• Maybank World MasterCard - up to 4 mpd on selected merchants (e.g. Paradise Group, Imperial Treasure, Resorts World Sentosa, and The Shilla Duty Free Changi Airport).

• Maybank Platinum Visa Card - up to 3.33% cash rebates on all your local and foreign currency spend.

Maybank has quite a number of interesting credit cards in the market but if you do not know which one to apply for, here are two cards that I personally recommend for miles and cashback:

Best Cashback Card for Groceries - Maybank Family & Friends Card

The Maybank Family & Friends Card allows you to earn up to 8% cashback across selected categories each month with a minimum spend of S$800. If you are not a huge spender, you can also enjoy 5% cashback across the same categories when you spend a minimum of S$500. The maximum cash rebate that a cardholder can receive under the 5% Rebate and 8% Rebate programme is S$80 per calendar month. While all eligible spend charged to the Maybank Family & Friends Card are counted towards the minimum spend, only spend across the selected categories will be awarded the bonus cashback rate (the rest of spend only enjoys a mediocre 0.3% cashback). 

According to the terms and conditions published by Maybank (valid from 01 May 2020), these are the categories that you can earn 8% cash rebate (with minimum spend of S$800) or 5% cash rebate (with minimum spend of S$500) with the Maybank Family & Friends Card:

Source: Maybank

To fully maximise the benefit of this card, you should only charge a maximum of S$1,000 to the Maybank Family & Friends Card in the aforementioned categories as the cashback in these categories is capped at S$80 per calendar month. 

Best Miles Card for General Dining and Transport - Maybank Horizon Visa Signature Card

The credit card landscape in Singapore has shifted quite a bit in recent years and contrary to popular belief, there aren't many credit cards that will award you with bonus miles for dining out. Sure, the UOB Preferred Platinum Visa gives you 4 mpd (or 20 miles per S$5) on dining transactions if the merchant accepts contactless payments (and you have digitised your card after 22 May 2020) but there are many restaurants out there where you are still required to pay using the Chip-and-Signature method. In times like these, the Maybank Horizon Visa Signature Card allows you to earn up to 3.2 mpd so long you charge at least S$300 to the card per calendar month.

Upon meeting the relatively-low minimum spend of S$300 each calendar month, cardholders of the Maybank Horizon Visa Signature Card will be able to earn 8X TREATS Points (3.2 miles) per dollar on local dining, bus and train, petrol, taxi fares, and Agoda hotel bookings. They will also be able to earn 5X TREATS Points (2.0 miles) per dollar on air tickets, travel packages, and foreign currency transactions. However, the total Bonus TREATS Points earned is capped at 30,000 Bonus TREATS Points per calendar month (which is plenty).

Check out The Shutterwhale Cards for other credit card promotions and get the best sign-up gifts and cash bonuses!