Maybank Singapore Rating & Review 2024

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South East Asia's fourth-largest bank by assets

Maybank is among Asia's leading banking groups and is South East Asia's fourth-largest bank by assets comprising of 765.3 billion Malaysian Ringgits. It has an international network of 2,600 branches in 18 countries including all 10 ASEAN countries, chiefly focusing on its "home market" of Malaysia, Singapore, Philippines, and Indonesia. Mayback offers an extensive range of products and services to its customers including Commercial Banking, Investment Banking, and Insurance. Singapore is one of Maybank groups largest overseas operations and for the provision of more value to its customers Maybank Singapore Limited was created, one of the subsidiaries of Mayback groups, to carry its wide-ranging operations in Singapore. It has been effective since 5 November 2018 and operates with Qualifying Full Bank (QFB) privileges in more than 25 service locations. As of 31 December 2018, Maybank's total assets in Singapore were approximately $73.3 billion and had a staff strength of over 2000 employees

20 reviews

Maybank World MasterCard Mobile payment

It is comforting to know that the Maybank World MasterCard Mobile payment with Samsung Pay works at almost any retailer in Singapore, therefore making shopping or dining experiences easier and more convenient than ever before. Paying with your Samsung Galaxy device is simple, secure and works in more stores than any other mobile payment service and when you use Samsung Pay, your actual card number is never shared with the merchant and is not stored on the device, further protecting your personal information.

Maybank Horizon Visa Signature Card / Maybank Singapore

3-year fee waiver and a fast and convenient mobile payment system.

Maybank Family & Friends Card allows card users to enjoy the best cash rebates such as 8% cash rebates on groceries, dining, transport and many more with minimum S$800 spend per calendar month. Otherwise, you can still earn 5% cash rebates on the same cash rebate categories with minimum S$500 spend per calendar month with an unlimited 0.3% cash rebates on all other purchases coupled with a 3-year fee waiver and a fast and convenient mobile payment via Samsung Pay

Maybank Family & Friends Card / Maybank Singapore

The card designed for tertiary students, of ages 18 to 30 years

Finally, a credit card for students that fully understands the way we live and provides fantastic deals and offerings. I urge you to experience more with the card designed for tertiary students, between 18 and 30 years of age. The card comes with S$500 credit limit. What's more, enjoy 1% cash rebates on everything you buy, track your expenses online 24/7 at your convenience and make payments with a fast and convenient mobile payment via Samsung Pay

Maybank World Mastercard / Maybank Singapore

A petrol credit card that offers great rebates on petrol and exclusive membership privileges

Maybank DUO Platinum MasterCard to me is a petrol credit card that offers great rebates on your petrol and exclusive membership privileges ranging from automobiles to lifestyle and special interests. With Maybank DUO Platinum MasterCard, you get to enjoy 5% cash rebate on petrol charges in Singapore and Malaysia on top of existing station discounts, and 1.5% unlimited cash rebate on all foreign currency spend. In addition to receiving generous 1 TREATS Point per S$1 spent on all other charges in local currency.

Maybank Family & Friends Card / Maybank Singapore

3% cash rebate and 5X TREATS Points if Manchester United wins a gamr with great discounts on purchases.

The Maybank Manchester United Platinum Visa Card was recently revamped allowing for a bigger score and line up. You have watched them play and how they have won their glory. The card offers new exciting promotions one of which is a 1% unlimited cash rebate and 1X TREATS Points on all transactions or up to 3% cash rebate and 5X TREATS Points if the club wins with great discounts on purchases of Manchester United Kits & Merchandise at Manchester United online and retail stores.

Maybank Platinum VISA Card / Maybank Singapore

An opportunity to win a trip to watch FC Barcelona LIVE in Camp Nou every football season

This is indeed a first-class card partnership between a world-class club and world-class bank who offer a 1.6% Unlimited cash rebate on all local spend - no minimum spend and no cap and 2X TREATS Points with every dollar spent on foreign currency transactions.Plus a super icing on the cake opportunity to win a trip to watch FC Barcelona LIVE in Camp Nou every football season

Maybank eVibes Card - The Student Card / Maybank Singapore

Spend S$6,000 within the first 90 days of your new card approval and win12k miles

If you are new to UOB Credit Card membership, you should apply and get 12k miles when you spend a minimum of S$6,000 within the first 90 days of your new card approval.This Promotion is valid for a little time window so I advise you take up the opportunity fast inclusive of up to 3 KrisFlyer miles per $1 spent on everyday spend categories with $500 min. annual spend on Singapore airlines group

Maybank DUO Platinum Mastercard / Maybank Singapore

3% cash rebate and 5X TREATS Points when the club wins games

The Maybank Manchester United Platinum Visa Card was recently revamped allowing for a bigger score and line up. You have watched them play and how they have won their glory. The card offers new exciting promotions one of which is a 1% unlimited cash rebate and 1X TREATS Points on all transactions or up to 3% cash rebate and 5X TREATS Points if the club wins with great discounts on purchases of Manchester United Kits & Merchandise at Manchester United online and retail stores.

Maybank Manchester United Platinum VISA Card / Maybank Singapore

Win an opportunity to watch FC Barcelona LIVE in Camp Nou every football season

This is indeed a first-class card partnership between a world-class club and world-class bank who offer a 1.6% Unlimited cash rebate on all local spend; no minimum spend and no cap and 2X TREATS Points with every dollar spent on foreign currency transactions.Plus a super icing on the cake opportunity to win a trip to watch FC Barcelona LIVE in Camp Nou every football season

Maybank FC Barcelona VISA Signature Card / Maybank Singapore

Sign up for CreditAble in order to cash your credit line using the Maybank CreditAble Term Loan

Maybank does not exactly offer a proper personal loan in itself but its term loan is linked to its personal credit line product. You just need to sign up for CreditAble in order to cash your credit line using the Maybank CreditAble Term Loan but note the terms & conditions and annual fee however. In my personal opinion, the loan amount is small while the interest is high, so it may be best to avoid this one.

Maybank Personal Loan / Maybank Singapore

Islamic auto financing

Maybank charges a much higher interest rate of 3.25% for its car loans than other lenders in Singapore, making it a less affordable option however, borrowers that are unable to obtain a car loan from other banks may want to keep Maybank in mind as a an alternative to other lenders. It is also worth noting that Maybank offers Islamic auto financing, which may be of interest to prospective borrowers.

Maybank Car Loans Singapore / Maybank Singapore

Low interest rates and awesome cash rebates

Maybank's promotional interest rates for its debt consolidation loans are as low as 3.88%; EIR 6.92% making it an affordable option for borrowers that are able to obtain the bank's best rates. Additionally, Maybank is offering a cash rebate of S$388 to approve applicants. Maybank's current promotions for its debt consolidation plans make these loans a competitive option.

Maybank Debt Consolidation Plan / Maybank Singapore

A competitive 3% interest rate and $50,000 insurance

I use Maybank SaveUp for their 3% interest very competitive rate plus $50,000 insurance. I also use it for savings and not so much for transactions, so I'm ok with the user interface & lack of ATMs. Plus, their Maybank Platinum Visa Card has no annual fee, provided there is at least 1 transaction every quarter, and gives 3.33% cashback on almost any category of $300 spending free.

Maybank SaveUp Account / Maybank Singapore

A higher interest rate per annum as compared to other banks

Maybank I savvy account offers a higher interest rate per annum as compared to other banks offerings. I believe that it is worth it to use them as a savings account where money accumulated is able to get higher interest.

Maybank iSAVvy Savings Account / Maybank Singapore

Rewards account holders with a high base rate according to their balance size

Maybank iSAVvy Plus Savings Account is a great option for consistent savers who can comfortably make large monthly deposits and no withdrawals at that for a period of 6 month. To begin with, Maybank iSAVvy Plus Account rewards account holders with a high base rate according to their balance size, reaching up to 0.38% p.a. for consumers with S$50k+ balance. Considering the market standard is just 0.05% p.a., this base–which comes without any requirements or criteria–is remarkably competitive. Additionally, consumers earn a substantial 1.56% p.a. bonus rate on their incremental growth after 6 months, assuming consistent deposits with no withdrawals.

Maybank iSAVvy Savings Plus Account / Maybank Singapore

Only an initial deposit ofy $10 with no fall below fee

The initial deposit is only $10 and there are no fall below fee, while the account offers other kid-related perks such as birthday privileges, hand foot and mouth disease hospitalisation and outpatient insurance and personal accident insurance for you and your child. They’ve also got frequent promotions designed to attract kids. For instance, when opening a Youngstarz Savings Account, your kid gets a $20 POPULAR bookstore voucher.

Maybank Youngstarz Savings Account / Maybank Singapore

The first S$50,000 balance earns at 0.1875% p.a. interest

Maybank Passbook Savings Account is remarkably simple in terms of its interest rates structure, but has a few unique features when considering eligibility. To begin with, savings earn interest according to tiers within the balance. In other words, the first S$50,000 of a balance earns at 0.1875% p.a. interest, and any remaining balance beyond S$50,000 earns 0.25% p.a. In terms of eligibility, that may be a bit odd.

Maybank Passbook Savings Account / Maybank Singapore

Awesome banking products with preferential savings rates and lifestyle perks for the elderly

Maybank Singapore goes the extra mile with this one to targets the elderly in new integrated banking package with access to products such as endowment and retirement plans. Maybank Singapore’s integrated package encompassing banking products with preferential savings rates and lifestyle perks for customers aged 50 and above as part of its efforts to help them grow their retirement funds is simple genius

Maybank Passion Plus Programme / Maybank Singapore

Withdraw cash from Maybank ATMs with no transaction fees

The Maybank offers two debit cards, the Maybank Platinum Debit Card (Mastercard) and the Maybank Manchester United Platinum Visa Debit Card. Now for those of us, especially those who frequent Malaysia, the free Maybank Platinum Debit Card is pretty useful as it lets you withdraw cash from Maybank ATMs with no transaction fees. Bear in mind, however, that foreign exchange rates may apply.

Maybank Platinum Debit Card / Maybank Singapore

Up to 3% Cash Rebate and 5X TREATS points when Manchester United wins a Premier League match

1% unlimited cash rebate and 1X TREATS Points on all transactions with up to 3% Cash Rebate and 5X TREATS points when Manchester United wins a Premier League match. What is simply mind blowing is the fact that there is the first 2 years annual fee waived while subsequent waivers are at a minimum spend of S$3,600 per year. I recommend this card for Man United fans and non-fans too.

Maybank Manchester United Platinum Visa Debit Card / Maybank Singapore