Maybank has announced a new set of merchant category codes (MCCs) and transactions that will stop earning miles/points and cashback on its debit and credit cards from 1 Dec 2025.
New Maybank credit card exclusions
From 1 December 2025, the following MCCs will be excluded from earning TREATS points and cashback on all Maybank debit and credit cards, except for the 3 cards mentioned below for insurance-related transactions:
| MCC | Description |
|---|---|
| 4900 | Utilities |
| 5960, 6381, 6399 | Insurance Related ⚠️ Note: This exclusion does not apply to: • Maybank Platinum Visa Card • Maybank Horizon Visa Signature Card • Maybank Visa Infinite Card |
| 7349 | Cleaning, Maintenance & Janitorial Services |
| 4829 | Money Transfer |
| 6010, 6011, 6050, 6529, 6530, 6534, 7511 | Cash Disbursement/Quasi-cash/Top-ups |
On top of that, transactions with the following descriptions will also be excluded from earning TREATS points and cashback on Maybank cards:
- BAGUS
- CANTINE
- INSTAREM (not Amaze!)
- RAZERPAY
- SEDAP
- SGEBIZ
- SIMPLYGO (top-ups only)
- SINGAPORE E-BUSINESS
- SINGTEL DASH
✍️ The TREATS points and cashback terms and conditions are not yet updated, but Maybank has shared the new exclusions in its credit card pages.
How bad is this Maybank credit card nerf?
The new exclusion that will affect the majority of Maybank cardholders is Utilities.
The Maybank Platinum Visa Card is taking the heaviest hit as a “one card” solution, making it a lot less attractive against its direct competitor, the UOB One Card.
Top-tier Maybank miles and cashback credit cards affected by this nerf:
❌ Maybank Platinum Visa Card: No more up to 3.33% cashback on Utility bill payments
❌ Maybank XL Rewards Card: No more 4 mpd on Utility bill payments in a foreign currency
❌ Maybank XL Cashback Card: No more 5% cashback on Utility bill payments in a foreign currency
Thankfully, certain transactions like Amaze, Hospitals/Clinics, Public Transport (direct card transactions for bus/MRT rides) and School Fees survived this nerf. The Maybank Visa Infinite and Platinum Visa cards will also continue to award miles/cashback on Insurance payments.
Best Maybank credit cards
As a refresher, here are the best Maybank credit cards in Singapore.
Earn 4 mpd on five bonus categories, including dining, shopping, flights, hotels and any foreign currency spend
More information
Key details of the Maybank XL Rewards Card
Ease of use :
Minimum annual income:• S’porean/PR: S$30,000
• Malaysian: S$45,000
• Foreigner: S$60,000Annual fee: S$87.20 (first 2 years waived; request waiver every year)
Earn 4 mpd on five bonus categories, up to S$1,000 per calendar month:1) Dine (e.g. restaurants, bakeries, food delivery)
2) Shop (e.g. apparels, departmental stores)
3) Travel (e.g. airlines, hotels, travel agencies)
4) Play (e.g. bars, cinemas)
5) Foreign Spend (e.g. almost anything in foreign currencies)
⚠️ Only available to those aged 21 – 39 years
⚠️ Minimum card spend of S$500 per calendar month required for bonus earn rate
⚠️ 0.4 mpd earn rate on non-bonus spending
⚠️ 1-year miles expiry term (no expiry with Maybank’s Rewards Infinite Programme)
⚠️ Only 3 useful miles transfer partners
⚠️ 3.25% foreign transaction fee
Get 5% cashback on five bonus categories, including dining, shopping, flights, hotels and any foreign currency spend
More information
Key details of the Maybank XL Cashback Card
Ease of use :
Minimum annual income:• S’porean/PR: S$30,000
• Malaysian: S$45,000
• Foreigner: S$60,000Annual fee: S$87.20 (first 2 years waived; request waiver every year)
Get 5% cashback on five bonus categories, up to S$1,600 per calendar month:1) Dine (e.g. restaurants, bakeries, food delivery)
2) Shop (e.g. apparels, departmental stores)
3) Travel (e.g. airlines, hotels, travel agencies)
4) Play (e.g. bars, cinemas)
5) Foreign Spend (e.g. almost anything in foreign currencies)
⚠️ Only available to those aged 21 – 39 years
⚠️ Minimum card spend of S$500 per calendar month required for bonus earn rate
⚠️ 0.2% cashback on non-bonus spending
⚠️ 3.25% foreign transaction fee
Get 6 – 8% cashback on five chosen bonus categories, including dining, online shopping, groceries and commute
More information
Key details of the Maybank Family & Friends Card
Ease of use :
Minimum annual income:• S’porean/PR: S$30,000
• Malaysian: S$45,000
• Foreigner: S$60,000Annual fee: S$196.20 (first 3 years waived; request waiver every year)
Tier 1: Get 6% cashback on five chosen bonus categories, up to S$333 per category, per calendar month
Tier 2: Get 6 – 8% cashback on five chosen bonus categories, up to S$375 – S$500 per category, per calendar month
Additional bonus category: Get 6% or 8% cashback on transactions in Malaysian Ringgit or Indonesian Rupiah
⚠️ Minimum card spend of S$800 and S$1,600 per calendar month required for Tier 1 and 2 bonuses, respectively
⚠️ Groceries category get a maximum of 6% cashback, even with Tier 2 qualification
⚠️ Bonus categories are MCC-sensitive
⚠️ 0.22% cashback on non-bonus spending
⚠️ 3.25% foreign transaction fee
More information
Key details of the Maybank Platinum Visa Card
Ease of use :
Minimum annual income:• S’porean/PR: S$30,000
• Malaysian: S$45,000
• Foreigner: S$60,000Quarterly fee: S$21.80 (first 3 years waived; subsequent quarters waived if card is charged at least once every 3 months)
Get up to 3.33% cashback on almost everything, up to S$300, S$1,000 or S$2,000 per calendar month
Commonly-excluded categories like insurance, medical and education also qualify for up to 3.33% cashback
⚠️ Minimum card spend of S$300, S$1,000 or S$2,000 per calendar month, for 3 consecutive months in a calendar quarter required for bonus cashback
⚠️ Cashback on selected categories like insurance, medical and education capped at 30% of minimum spending tier
⚠️ 3.25% foreign transaction fee
More information
Key details of the Maybank FC Barcelona Card
Ease of use :
Minimum annual income:• S’porean/PR: S$30,000
• Malaysian: S$45,000
• Foreigner: S$60,000Annual fee: S$130.80 (first 2 years waived; request waiver every year)
No minimum spending
Uncapped earn rate
⚠️ Low earn rate of 1.6% cashback (spend with better cashback cards)
⚠️ 3.25% foreign transaction fee
More information
Key details of the Maybank World Mastercard
Ease of use :
Minimum annual income: S$80,000
Annual fee: S$261.60 (first year waived; request waiver every year)
Earn 2.8 – 3.2 mpd on foreign currency spending
Earn 4 mpd on fuel spending
Uncapped earn rates
Miles don’t expire
⚠️ Minimum card spend of S$800 (for 2.8 mpd) and S$4,000 (for 3.2 mpd) per calendar month required for foreign currency bonus earn rates
⚠️ 0.4 mpd earn rate on non-bonus spending
⚠️ Only 3 useful miles transfer partners
⚠️ 3.25% foreign transaction fee
More information
Key details of the Maybank Horizon Visa Signature Card
Ease of use :
Minimum annual income:• S’porean/PR: S$30,000
• Malaysian: S$45,000
• Foreigner: S$60,000Annual fee: S$196.20 (first 3 years waived; request waiver every year)
Earn 2.8 mpd on foreign currency spending (uncapped)
Earn 2.8 mpd on flight bookings, up to S$10,000 per calendar month
1-year miles expiry term
⚠️ Minimum card spend of S$800 per calendar month required for bonus earn rate
⚠️ 0.24 mpd earn rate on non-bonus spending
⚠️ Only 3 useful miles transfer partners
⚠️ 3.25% foreign transaction fee
Earn 2.8 mpd on almost everything when Manchester United wins, 1.6 mpd when they draw
More information
Key details of the Maybank Manchester United Card
Ease of use :
Minimum annual income:• S’porean/PR: S$30,000
• Malaysian: S$45,000
• Foreigner: S$60,000Annual fee: S$87.20 (first 2 years waived; request waiver every year)
Earn 2.8 mpd on almost everything when Manchester United wins an EPL match, up to S$2,000 per day
Earn 1.6 mpd on almost everything when Manchester United draws an EPL match, up to S$2,000 per day, once a month
No minimum spending
1-year miles expiry term
⚠️ Low earn rates (spend with 4 mpd cards instead):
• 1.12 mpd on local spending
• 1.12 mpd on foreign currency spending⚠️ Only 3 useful miles transfer partners
⚠️ 3.25% foreign transaction fee
Can you also cover Maybank Family & Friends MasterCard ?