Maybank Islamic World Mastercard Ikhwan
Maybank Islamic World Mastercard Ikhwan
RM 8,333
Minimum monthly income
RM 0
Annual fee
Free for the first year. The subsequent years' fee will be waived with minimum spending of RM80,000 per annum. Otherwise, RM800 annual fee is charged for the Principal Card and RM400 for the Supplementary Card
15%
Interest rate p.a
0%
Balance transfer rate (fixed)
Product details
Product details
Features
Good for
Rewards/Offers & Islamic
5X TreatsPoints for every RM2 spent on Local Retail
5X TreatsPoints for every RM1 spent on Overseas Retail
1X TreatsPoints for every RM1 spent on Petrol, Utilities, Education, EzyPay and Insurance
10,000 TreatsPoints as a Welcome Gift when you activate and spend with your new card
TreatsPoints can be redeemed with gifts, gadgets, vouchers and even air miles (10,000 TreatsPoints = 1,000 Enrich/KrisFlyer/Asia Miles)
Annual fee waiver for the first year (subsequent years will be waived with minimum spend of RM80,000 per year)
5X complimentary annual access to 74 participating Plaza Premium Lounges in Malaysia and overseas
Complimentary travel takaful coverage of up to RM2,000,000
Up to 40% discount on dining (exclude alcoholic drinks) at participating restaurants of Marriott Bonvoy hotels and resorts in Malaysia (till 31 December 2024)
Golf benefits at participating golf clubs in Malaysia and overseas (subject to minimum spending of RM5,000 in the previous month's statement, T&C apply)
0.2% of every cross-border spend you make will be donated to selected Waqaf and Zakat managed by Maybank Islamic
Eligibility
| Minimum monthly income | RM 8,333 |
| Minimum age: | |
| Cardholder | 21 |
| Supplementary Cardholder | 18 |
Fees & Charges
| Annual fee | RM 0 | Free* |
| Annual fee waiver | Yes | Free for the first year. The subsequent years' fee will be waived with minimum spending of RM80,000 per annum. Otherwise, RM800 annual fee is charged for the Principal Card and RM400 for the Supplementary Card |
| Late payment fee | RM 10/1% | 1% of the outstanding balance or RM10, whichever is higher (to a maximum of RM100) |
| Interest rate | 15% | Settling minimum payment due for 12 consecutive month |
| Balance transfer rate (fixed) | 0% | Zero interest with one-time upfront handling fees of 1.88% and 3% for 6 and 12 months of tenure. For other tenures, enjoy interest rate as low as 4.50% p.a. |
| Annual fee |
RM 0 Free* |
| Annual fee waiver |
Yes Free for the first year. The subsequent years' fee will be waived with minimum spending of RM80,000 per annum. Otherwise, RM800 annual fee is charged for the Principal Card and RM400 for the Supplementary Card |
| Late payment fee |
RM 10/1% 1% of the outstanding balance or RM10, whichever is higher (to a maximum of RM100) |
| Interest rate |
15% Settling minimum payment due for 12 consecutive month |
| Balance transfer rate (fixed) |
0% Zero interest with one-time upfront handling fees of 1.88% and 3% for 6 and 12 months of tenure. For other tenures, enjoy interest rate as low as 4.50% p.a. |
Document required to apply
You will need to provide several documents such as (varies between different banks):
Salaried Employee:
- Copy of NRIC (both sides) or Passport
- Latest BE Form with official tax receipt
- Latest 3 months' salary slip or Latest EPF Statement
Self Employed:
- Copies of Business Registration
- Latest 6 months' Bank Statement
Expatriate:
- Letter from employer confirming duration of employment contract in Malaysia
For more information, please click the links below.
Maybank Islamic Credit Cards Terms and Conditions
Maybank Islamic World Mastercard Ikhwan Credit Card Product Disclosure Sheet
Maybank Islamic Credit Cards Terms and Conditions
Maybank Islamic World Mastercard Ikhwan Credit Card Product Disclosure Sheet
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Revel in a luxurious lifestyle with the Maybank Islamic World Mastercard Ikhwan Card. Be it travelling or simply to enjoy the premium benefits, you’ll be sure to make use of this credit card.
Indulge in the lavish lifestyle while getting rewarded
The Maybank Islamic World Mastercard Ikhwan offers a bang for the buck by rewarding all cardholders with 10,000 TreatsPoints upon card activation. Yes, you can get it for free with your first transaction made with this credit card at no minimum amount required.
It doesn’t stop there - for every purchase you make with your credit card locally or internationally, you’ll gain 5x TreatsPoints! Unlike the other credit cards where you’ll only gain TreatsPoints based on RM1, the Maybank Islamic World Mastercard Ikhwan offers for every RM2 instead, but only for local transactions. However, do take note that this does not apply to petrol transactions, you will only receive 1x TreatsPoints for RM1. With international transactions, you’ll earn based on RM1 as well as any transactions made under the following categories: insurance, education, utilities, EzyPay and petrol.
Premium travel benefits
Did you know you can redeem air miles with the Maybank Islamic World Mastercard Ikhwan? That’s right - if you accumulate a total of 10,000 Maybank TreatsPoints, you can exchange it with 1,000 air miles! The air miles can be converted with Enrich Miles, Asia Miles or KrisFlyer Miles.
Travel without any worries when you have insurance protection as high as RM2,000,000 provided by Maybank! Any problems you encounter when it comes to loss or delay of luggage, flight issues or personal accidents, will be completely covered when you charge the entire flight tickets to your Maybank Islamic World Mastercard Ikhwan credit card. That’s not all, you will also have instant access to the Mastercard Global Service which you can reach out to 24/7, 365 days whenever you need their assistance anywhere around the world.
It doesn’t stop there, travel in style when you gain access up to 5 times annually to over 70 Plaza Premium Lounges locally and internationally. This credit card also includes LoungeKey’s Mastercard Airport Experiences whereby cardholders get to indulge in the various offers and discounts before boarding their next flight.
Give back to the community
Feel less guilty as you spend away when part of your spending on cross-border transactions goes straight to charity. 0.2% of your total spending will be given to the Waqaf and Zakat charity community which is by Maybank Islamic to help those in need. What a way to feel good knowing you’ll be helping others through every transaction!
Exclusive dining and golf privileges
Golfers rejoice when they have the benefits of gaining access to participating golf clubs locally or internationally. Receive complimentary green fees when you spend a minimum amount of RM5,000 in the previous month. You also need to have an active card with no outstanding payments to be eligible.
Love to eat good quality food and enjoy the atmosphere of lavish restaurants? Receive discounts going as high as 40% when you dine at participating Marriott Bonvoy Hotels & Resorts with a maximum number of 10 pax. This discount does not apply to alcohol drinks though, which is unfortunate for those that love to drink their heart away.
Can't find what you're looking for? Read our article to find out the Best Maybank Credit Cards in Malaysia
FAQs
FAQs
Apply online with us! All you need to do is fill up the form with your personal details, your income information, and then proceed to submit your application. We will then help you to process it and get back to you.
To be eligible for this credit card, your monthly income should be atleast RM8,333. Your minimum age should be 21 years old and above for the principal card. However if you are younger than that, you can apply for the supplementary card provided you are 18 years old and above.
For the first year, the annual fee is waived. The years after that you can be exempted as long as you spend a minimum amount of RM80,000 yearly. Otherwise, this Islamic World Mastercard comes with an annual fee of RM800 applied to the Principal cardholders while the supplementary cardholders will be charged an annual fee of RM400.
There is a sales and service tax of RM25 that will be charged once you activate your card as well as during your card anniversary, applied to both principal and supplementary cardholders. Aside from that, there is a cash withdrawal fee of 5% or RM18 from the total amount that you withdraw. The interest rate applied on cash withdrawals is 18%. If you delay your repayments, you will also be charged with 1% or RM10 from the total amount that you fail to pay.
- - Receive 5x TreatsPoints for every RM2 and RM1 spent on your local and international transactions, respectively
- - Receive 1x TreatsPoints for every RM1 spent on transactions made under education, utilities, insurance, EzyPay and petrol
- - Receive free 10,000 TreatsPoints when your card is activated and spent
- - Enjoy exclusive dining discounts at participating Marriott Bonvoy hotels and resorts in Malaysia, plus golf privileges
- - Receive complimentary travel takaful protection as high as RM2,000,000
- - Receive 5X annual access to participating Plaza Premium Lounge in Malaysia and abroad
This credit card is suitable for those who love to travel all across the globe! For every purchase made with your credit card, you can accumulate all the TreatsPoints and convert them into air miles, perfect if you want to redeem free flights. You’ll also be able to travel without having to worry about encountering accidents or travel inconveniences as you will be covered by Maybank.
