The Maybank Platinum Visa is your gateway to a world of rewards and benefits. Offering cashback on all local and foreign transactions, this card is designed to enhance your spending experience. Here’s a guide to applying for this versatile financial tool.
Who can apply?
To qualify for the Maybank Platinum Visa, applicants need to meet the following criteria:
✅ Must be 21 years or older
✅ Minimum annual income of S$30,000 for Singapore citizens and permanent residents
✅ Copy of NRIC (front and back) and the latest income proof, such as Income Tax Notice of Assessment or CPF contribution history
Remember, the approval process is contingent on meeting these requirements, and additional documentation may be requested by the bank.
How to apply for the Maybank Platinum Visa
Applying for the Maybank Platinum Visa is a straightforward process. Start by visiting the Maybank website and filling out the online application form with your personal and financial details. Ensure all information is accurate to avoid any delays.
Once submitted, Maybank will review your application and notify you of the outcome. If not approved, you may consider reapplying after addressing any issues or updating your information.
Managing your monthly payments
You can pay your Maybank Platinum Visa bills conveniently using various methods, such as the AXS m-Station app, Maybank ATMs, or internet banking. To avoid late fees and interest charges, ensure payments are made on or before the due date. Setting up automatic payments can be a great way to manage your finances effortlessly.
Fees and charges
The Maybank Platinum Visa has a quarterly service fee of S$20, which is waived for the first three years. After this period, the fee can be waived if there is at least one transaction every three months. It’s important to be aware of potential interest charges on outstanding balances and late payment fees, which can add up if not managed properly.
A quick overview
The Maybank Platinum Visa offers a host of benefits, including generous cashback on various expenses, exclusive dining deals, and complimentary travel insurance. It’s an excellent choice for individuals looking to make the most of their spending while enjoying additional perks. However, it’s crucial to stay on top of payments and understand the associated fees to fully benefit from the card.
Take the first step
Excited to explore the benefits of the Maybank Platinum Visa? Click the button below to start your application process and take advantage of all the rewards and features this card has to offer!