Maybank Platinum Visa Card

Name: Maybank Platinum Visa Card
Brand: Maybank
Availability: InStock
Rating: 3.8 (1 reviews)

3.8

WalletWalk Rating

Best for simple quarterly cashback

Last updated: 06-Oct-2025

Overview

The Maybank Platinum Visa Card provides straightforward cashback up to 3.33% on all spending with low S$300 monthly minimum requirement. Earn quarterly cashback tiers based on spending levels with comprehensive travel insurance coverage. Designed for conservative spenders seeking uncomplicated rewards on everyday purchases. Enjoy fuel savings up to 20% at participating stations nationwide.

Pros

↑Low S$300 minimum spend requirement
↑Up to S$200 quarterly cashback
↑Comprehensive travel insurance

Cons

↓Cashback is paid out quarterly, not monthly
↓Low maximum cashback of S$100/quarter
↓Low base cashback rate

Key Highlights

Welcome Offer
S$1,300 min spend gift
Spend S$1,300 within 60 days
New customers only

Reward Rate
Up to 3.33% cashback
3.33% with S$300 minimum
Quarterly payment
Insurance eligible

Minimum Salary
S$30,000 annually
Citizens/PRs: S$30,000
Malaysians: S$45,000
Others: S$60,000

Annual Fee
S$21.80 quarterly
First 3 years waived
Quarterly service fee
Once per quarter charge waives

Why Choose?
Simple cashback
Low minimum spend
Straightforward rewards
Quarterly bonuses

Key Benefits

Bill Payment

★3.0

▼

Eligible for cashback
Quarterly calculation

Cashback

★3.5

▼

3.33% all spending
Quarterly payment

Dining

★3.5

▼

3.33% cashback
All dining eligible

Food Delivery

★3.5

▼

3.33% cashback
Quarterly payment

Fuel

★4.0

▼

Up to 20% savings
All stations eligible

Grocery

★3.5

▼

3.33% cashback
All groceries

Lifestyle

★3.0

▼

Basic lifestyle perks
Standard benefits

Shopping

★3.5

▼

3.33% all shopping
No restrictions

Merchant Offers

▼

Fuel partners
Selected merchants

Travel

★3.5

▼

S$500K insurance
Basic coverage

Liability Protection

▼

Basic protection
Standard terms

Insurance

▼

Travel insurance
S$500,000 coverage

Balance Transfer

▼

Available
Standard rates

Emi

▼

Basic facility
Standard terms

First Year Free

▼

First 3 years free
Quarterly fee waived

Detailed Information

Annual Fee	S$87.20 (incl. 9% GST)
Annual Fee Waiver	Charge once per quarter
Monthly Percentage Rate	2.32%
Annual Percentage Rate	27.90%
Minimum Monthly Payment	3% or S$20, whichever higher
Foreign Currency Markup	3.25%
Late Payment Charges	S$100 (incl. 9% GST)
Overlimit Charges	S$40 (incl. 9% GST)
Cash Advance Fee	5% or S$15, whichever higher
Balance Transfer Fee	1.58% one-time
Fee For Supplementary Card	0
Card Replacement Fee	S$10.90 (incl. 9% GST)
Fee For Duplicate Statement	S$10 per statement

Identity Proof	NRIC (Citizens/PRs) Passport (Foreigners)
Address Proof	Latest utility bill Bank statement Phone bill
Income Proof Salaried	Latest 12 months CPF Latest computerised payslip Income Tax Notice
Income Proof Self Employed	Latest Income Tax Notice Latest 6 months bank statements

Maybank Platinum Visa Card

Age Requirement Salaried	21 years and above
Age Requirement Self Employed	21 years and above
Minimum Annual Income Salaried	S$30,000
Minimum Annual Income Self Employed	S$30,000

Age Requirement Salaried	21 years and above
Age Requirement Self Employed	21 years and above
Minimum Annual Income Salaried	S$30,000
Minimum Annual Income Self Employed	S$30,000

Maybank Platinum Visa Card

Overview

Pros

Cons

Key Highlights

Key Benefits

Detailed Information

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