Maybank Grab Mastercard Platinum
Earns GrabRewards Points on Grab spend, with zero annual fee for life.
Eligibility
Minimum Monthly Income
RM 2,000 (RM 24,000 annually)
Min. Age
Cardholder: 21 years old
Supplementary Cardholder: 18 years old
Resident Status
Malaysians Only
Documents required to apply
You will need to provide several documents such as (varies between different banks):
- A copy of your IC (both sides)
- Latest BE Form with official tax receipt
- Latest 3 months salary slip
- Latest 6 months bank statement
Fees & Charges
Interest Rate
15% - 18%
Annual Fee
RM 0
Free*
Annual Fee Waiver
Yes
Free for life
Late Payment Fee
RM 25 or 5% of the outstanding amount, whichever is higher
Interest Rate
15%
Features
1X GrabRewards Points for every RM1 on Grab spend, including Grab eWallet reloads and 1X GrabRewards Points for every RM3 on other local spend.
Split big purchases into 0% monthly instalments for up to 36 months. For everything else, Maybankard EzyPay Plus offers low-rate instalments of up to 24 months.
Transfer existing credit card debt to your Maybank card at lower interest rates with a longer repayment period.
5X GrabRide and GrabFood Vouchers with minimum spend of RM300 on Grab services within 45 days from the card approval date. Plus, 1,000 Welcome GrabRewards Points and Grab Platinum tiers (for 6 months) upon card activation.
Terms and Conditions
Product review by CompareHero
Not all of us have the privilege to own a car, which forces us to rely on other modes of transportation, including e-hailing services. If this sounds like you, then the Maybank Grab Mastercard Platinum Credit Card will make your life easier with all the benefits you can’t miss out on, especially if you’re a regular Grab user.
Be rewarded for your daily needs
We’re always spending money on our everyday essentials which could sometimes burn a hole in our pockets. Being a regular Grab user, you’ll get to save more by getting GrabRewards Points for all your transactions made locally and internationally.
How many GrabRewards Points exactly will you be earning?
- For all transactions made on the Grab app including Grab eWallet reload based on RM1, you’ll earn 1x GrabRewards Points.
- For all transactions made internationally, cross-border or e-commerce based on RM3, you’ll earn 1x GrabRewards Points.
- For all transactions made locally (excluding those on e-commerce or Grab app) based on RM3, you’ll earn 1x GrabRewards Points.
Special privileges
Grab Platinum
You’ll be happy to know once you get your hands on the Maybank Grab Mastercard Platinum, your Grab membership tier will automatically be upgraded to Platinum! For 6 months, enjoy the multiple benefits that come along with having the Platinum title. By having the Platinum membership, you get to gain access to cheaper airport ride rates and have the upper hand to book a car faster than others. When receiving GrabRewards Points, you’ll also gain advantage by being able to receive them faster than the lower tier memberships.
Benefits by Mastercard
Along with the benefits by Grab itself, the Maybank Grab Mastercard Platinum also comes with exclusive promotions and deals when you’re dining at restaurants, travelling to places, visiting entertainment places, and so on. The notable brands where you can get discounts from are Harvey Norman, Zalora, Klook and Hermo. Mastercard also offers the chance to book your travel tickets in advance while allowing you to pay back on a later date with their ‘Pay Now, Travel Later’ feature.
New cardholders get extra benefits
When you’ve finally decided to purchase the Maybank Grab Mastercard Platinum, enjoy 1,000 GrabRewards Points on the house! Aside from that, you’ll also receive RM5 vouchers for GrabFood and GrabCar, up to 5 of them. However, do take note this only applies if you have already spent a minimum amount of RM300 for transactions made with any Grab services.
Frequently Asked Questions (FAQ)
How do I apply for the Maybank Grab Mastercard Platinum Credit Card?
What are the Maybank Grab Mastercard Platinum Credit Card requirements?
Is there an annual fee for the Maybank Grab Mastercard Platinum Credit Card?
What are the fees or charges applied for the Maybank Grab Mastercard Platinum Credit Card?
What are the top benefits of the Maybank Grab Mastercard Platinum Credit Card?
• Gain 1x GrabRewards Points for every RM1 spent on all Grab transactions, including Grab eWallet reloads
• Gain 1x GrabRewards Points for every RM3 spent on all transactions made on e-commerce, internationally or cross-border
• Gain 1x GrabRewards Points for every RM3 spent on all transactions made in Malaysia
• Enjoy the multiple benefits from Mastercard and Grab such as discounts on F&B, entertainment, and getting the Grab Platinum title for 6 months