Maybank Islamik Ikhwan Mastercard Platinum

INTRODUCTION

This is a must have card as it earns you 5% cash back for Petrol and Groceries every Friday and Saturday. When this card was first launched in 2014, only the Principal card was entitled to the 5% cash back.

To my pleasant surprise, Maybank revised the T&C for this card in 2015 and now Supplementary Cards are also entitled to the 5% cash back for Petrol and Groceries. However, the monthly cap for the cash back is RM50 combined with Principal and Supp Card(s).

BENEFITS OF THE MAYBANK ISLAMIC MASTERCARD IKHWAN PLATINUM AND GOLD CREDIT CARDS

First and foremost, the Maybank Islamic MasterCard Ikhwan Platinum and Gold Credit Cards are FREE FOR LIFE, i.e. no conditions whatsoever, i.e. no minimum swipes and you don’t have to spend a sen with it. Therefore, you do not need to call Customer Service and waste your time begging for annual fee waiver like we have to for other credit cards.

Benefits of the Maybank Islamic MasterCard Ikhwan Platinum and Gold Credit Cards:

1. 5% rebate on petrol and groceries on Friday and Saturday, capped at maximum of RM50.00 per month (Principal and Supplementary Cards combined).
2. Treats Points. Every RM1 spend locally and overseas earn 1 Treats points.
3. FREE Maybank Touch ‘n Go Zing card.
4. Charity Fund. With every spending the Bank will contribute 0.1% for charity purposes.
5. Umrah Trip –  One weekly Umrah winner (package for 2pax) will be selected to win an Umrah package (for Muslims) or holiday package (for non-Muslims) – non exchangeable / transferable. Every RM200 retail spending in one single receipt entitle for 1x entry. Campaign starts 1st August 2014 and ongoing. Winner selection will be done every six (6) months.

COMMENTS ON THE MAYBANK ISLAMIC MASTERCARD IKHWAN CREDIT CARDS

I tell you, Maybank is freaking generous, they are the only bank now in Malaysia that gives you FREE FOR LIFE Entry Level credit card that earns you 5% cash back for Petrol at all stations.

CONCLUSION

And like I have been saying, Maybank is freaking generous. It is the only bank in Malaysia that offers FREE FOR LIFE Entry Level Credit Card (minimum annual income RM30K) with 5% cash back for all petrol stations; thereby assisting those who desperately need some cash back (to assist in today’s freaking high cost of living) from Petrol and Groceries.