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.
💡 Click on + Card Summary below to view key details like pros & cons, miles/cashback details, annual fee, income requirement, and more.
Maybank XL Rewards
4 mpd on flights, hotels, dining, shopping, foreign currencies
Maybank XL Cashback
5% cashback on flights, hotels, dining, shopping, foreign currencies
Can you also cover Maybank Family & Friends MasterCard ?