Revised pricing for Credit Cards, CreditAble & selected payment charges with effect from 1 January 2007

Summary of Change

With effect from 1 January 2007, there are some revisions to the following:

  1. Credit Card late payment fee will be revised from 5% on the minimum payment due or S$35, whichever is higher, to 5% on the minimum payment due or S$50, whichever is higher
  2. CreditAble (personal credit line)
    Description
    Previous charge
    Revised charge
    Late Charge
    S$50
    S$70
    Minimum Interest Charge
    S$20
    S$5

  3. Selected Payment Service Charges
    Description
    Previous charge
    Revised charge
    Overseas cash withdrawal fee via non-Maybank ATMs
    S$10 per transaction
    S$5 per transaction
    Overseas cash withdrawal via Maybank ATMs (RegionLink*)
    S$2 per transaction
    Free**
    Online Bill Payment (Malaysia)
    S$15 per transaction
    S$5 per transaction

  4. iSAVvy Savings Account/ iSAVvy Savings Account-i
    Early Account Closure
    (account is closed within 6 months)
    Previous charge
    Revised charge
    Cash Withdrawal
    S$45
    S$30
    Funds Transfer to Another Account
    S$45
    S$30
    Cashier's Order issuance to Account Holder
    S$45
    S$30
    Cashier's Order issuance to Non-account Holder
    S$45
    S$40

* Including Bank Internasional Indonesia (BII) ATMs
** Effective 28 August 2010