Revision to Terms and Conditions Governing Maybank Credit and Debit Cards

 

With effect from 10 March 2018, the Terms and Conditions governing Credit and Debit Card accounts will be revised as follows.

 

a. Annual Fees

 
Current
New
Maybank Family & Friends Card
S$80
S$180
Maybank Manchester United Platinum Visa Card
S$60
S$80

b) Other fees and charges

 
Current
New
Foreign currency conversion admin fee*
(With effect 1 April 2018)
1.5%
1.75%
Late Payment Charges
5% (min S$50)
5% (min S$80)
Request for Printed Statement
S$2
S$10
Finance Charge for Cash Advances and Purchases**
24% p.a.
25.9% p.a.

*Except Catholic High Alumni Platinum Associates Card and Business Platinum MasterCard.

** Excluding eCard Classic, Flash Credit Classic, Platinum Mastercard and Platinum Visa where an interest rate of 15% p.a. will be charged on all outstanding balances, provided Cardmember's Card Account has been maintained in good standing. Otherwise, interest rate will revert to 25.9% p.a. until such time when a clean payment record is maintained for 6 continuous months.

 

Please note that all fees are subject to the prevailing Goods and Service Tax (GST).

 

c) Clauses 3.6 and 3.7 of Credit Card Terms and Conditions have also been revised.
     • Clause 3.6 - Use of Card
     • Clause 3.7 - Security Devices

 

Please click here to view the revised terms and conditions.

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