Maybank launches family-centric Platinum MasterCard

12th September 2007
By Staff Writer

Maybank has launched its Family and Friends Platinum MasterCard in Singapore, the first card in the country to offer a 5% cash rebate for a range of transactions across Singapore and Malaysia.

Print Article
Email A Friend
Your Comment
Post to del.icio.us
Digg this
News Alerts

The 5% cash rebate is offered when spending at a range of merchants, including health supplement chains, major pharmacies, petrol stations and hypermarkets. In addition to this, the card awards reward points for card spend that is not within the categories that are entitled to cash rebates, unlike similar cards in the market.

Other features of the card include no annual fee for the first two years and a special promotional interest rate of 12% per annum for the first six months.

Helen Neo, head of consumer banking at Maybank Singapore, said: "We have already issued 3,000 Maybank Family and Friends Platinum MasterCard cards within the first week of launch. Customers gave positive feedback on the cash rebate feature and the novelty card design, as it is the first credit card in Singapore to feature the lenticular effect."

  • Comment on this Article
Sign up to our weekly newsletters for the latest industry news & comment.
 Business Digest
 Distribution News
 Financial Services Digest
 Retail Banking News
 Savings & Investments News

Email Address