Principal: RM800, FREE for the first year
Subsequent years FREE if spend a min of RM80,000 per annum
Supplementary: FREE up to 4 supplementary card
5th supplementary card will be charge RM 400 per annum

Minimum annual income: RM180,000



Benefits
•Maybank 2 Cards Reserve American Express® Card gives you higher Treats Points earn.


Maybank 2 Cards Reserve American Express Card
Local: RM 1 : 5x TP
Oversea: RM 1 : 5x TP
2x TP: Government Bodies, Education Institutions and Insurance Providers

•Redeem 1,000 Air Miles: Enrich Miles (MAS) / KrisFlyer Miles (Singapore Airlines) with 4,500 Treats Points.
•Enjoy up to 50% savings on F&B at Shangri-La Kuala Lumpur
•Validity of Treats Points: 3 years
•SELECTS American Express & Entré (a platform for Hotel & Car Rental)
•Travel Insurance Coverage◦Charge your travel fares to the card to enjoy complimentary Accidental Death and Disablement coverage of up to RM1,000,000, as well as Travel Inconvenience coverage for missed connections, luggage delay and luggage loss.
◦Subject to terms & conditions of the Certificate of Insurance.

•Retail Protection◦Purchase protection of up to RM15,000 per item and up to RM100,000 per card account per calendar year.
◦Return Guarantee exchange or refund of up to 90days (Maximum RM1,500 per item on purchase price, up to a maximum of RM6,000 per card account per calendar year)
◦Extended Warranty of up to Rm15,000 per item (Up to RM48,000 per card account per calendar year.)
◦Subject to terms & conditions of the Certificate of Insurance.
[/quote]

Click here to read Gen-X's Comprehensive Review of The Maybank 2 Cards Premier - AMEX RESERVE and Visa Infinite.



This post has been edited by Alec.Yong: May 1 2014, 04:43 PM


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Finally the Maybank 2 Cards Premier is out now..

just for reference... official link:

http://www.maybank2u.com.my/mbb_info/m2u/p...sonal/CRD-Cards

a quick look it is a downgrade from MBB2C normal

- no 5% cash rebate
- lower enrich miles redemption (same as Visa Infinite)
- RM80k spending to waive RM800 annual fee

Noticed there is no info on the "accompanying card", points earned on that, as well as GST charged (normal MBB2 has GST waived)

The way i see it, it is like combining visa infinite and mbb2 amex, losing most of its features in the process

Clearly it is targeting the affluent travelling society so probably the 5% is not important to them . No lounge access / Priority pass.

What is so great about this card by the way?

Somemore needs minimum annual income of RM180,000

Looks like the only interesting part is lower redemption for Enrich miles (same as VI, also has 180K requirement)

Otheriwse very similar to VI, including annual fee, but higher spend required to waive.

Won't be applying for this (unless there's a Visa/Master that comes with it that can earn 5x points on local spend )

So you get both the normal MBB VI (not MU) and the new Amex Reserve? The 80k spend is both cards combined or just the Amex?

Funny there is no mention of the VI, just a picture of it. Does the VI even have the features of the normal VI?

Or is it too early to know...

Looks like it , I guess we need to wait until the details show on Maybank's website.

Hi Alex, are you selling this premier cards?

Coz I'm also one of elected staff to sell this by invitation to qualified Maybank customer base.

Premier card....the most notable advantage is the superior credit limit they will offer you...aside from that Maybank Balance Transfer rate is very low...0% interest with 12 months repayment plan(but 3% upfront service charges)...

+1. This card is targeted to affluent/high nett worth customer base that does air travel a lot. If Im not mistaken during recent training. A RM1 spent on this card will get you 1.1 miles travel point. Thats the most generous mileage ever given...If im not mistaken CIMB Mastercard World Enrich only gives half of that...

But that's the same redemption with overseas spend on MBB VI (That gives Priority pass too, although limited to 5 entries...)

I guess the best combo is using the Amex for local spend , then VI for overseas (for collecting Enrich, at least)

indeed feel the "premier" here, 180k income requirement, dont play play

No, i m non mbb staff, just a mbb card user...

BTW, I m Alec, not Alex... Hehe...

While it loses the 5% CB, the key benefit is the lower TP to Enrich exchange rate (similar to MBB VI) at 4500 TP to 1000 Enrich while maintaining the 5x points earned.

Still not as worthwhile as the normal MBB 2 cards since that's also 5x with 5% CB on weekends and 7000 TP to 1000 Enrich, UNLESS you spend a lot and travel a lot and really do make use of the Enrich points especially during their Enrich sale.

I wonder what card they supply alongside the Amex, the product disclosure also states "RM 800 for both Cards."

No priority pass is a bit disappointing though.

I remembered RM told me the VI of this Maybank 2 Cards Premier do comes with the Priority Pass Card, with the limitation of 5x access per year.

I just apply for these cards, with the existing of WMC/VI, no income docs required for the application, just an add on card application..

Once i got these card, will terminate my current VI and ask to transfer all the TPs to the new MBB 2 Cards Premier VI. But i will still keep the MU VI.

In order to get the 5% weekend rebates, i will still keep the exising MBB 2 Cards..

Ah, that means this comes as Maybank Amex Premier + Visa Infinite, if it does have all the same benefits as existing VI I may do the same - apply for these 2 and get rid of the VI.

Is there any extra benefits of the MU VI? Looks pretty much identical to the standard VI to me

Yup, it does have the standard features of VI. As for MU VI, 5x TP for petrol and groceries. When MU win aslo can get 5x TP... Hehe..

Yes, but that would mean annual fees of RM1,600 per year. Unless spending RM130,000, exactly spread over the two cards, is not a problem for you...

minimum rm80k per annum for second year annual fee waiver?

if i sign up this cc, i would have to terminate ALL my other cc in order to achieve the minimum rm80k per annum.
this cc is definitely not for me.

sorry which part of this card is better than infinite vi?

1. Amex has higher exchange rate
2. 80k vs 50k for waiver

i don't see the benefit of this product at all, weird product to be introduced.

Why do they call it "Maybank 2" ??

5 x TP on Amex local spend , with same redemption ratio as VI : 4500 TP for 1000 Enrich (7000 for other cards, apart from WMC)

So best combo for Enrich redemption is Amex for local, Visa for foreign 5x TP

I guess it makes sense for the waiver to be a bit higher as there's a second card involved (transactions I'd normally put on the standard MBB2 Amex)

Also slightly unrelated to this card - it looks like Maybank has reduced eligibility to 180K from 240K for WMC (I'm sure it was 240K last time I checked)

Apparently you get the Amex and VI together. Although the website doesn't make that clear - it just mentions "both cards"

MBB has renamed all the 'Maybankard' to 'Maybank' on its cards...

Named it as 'Maybank 2', as it comes with 2 cards in one application...

How do you know it's not a problem for me to spend so much?

If need to maintain all these cards, Reserve Amex, MU VI and WMC, need to spend RM250,000 per annum...

isn't it amex platinum cc is better in term of benefit for the rm800 annual fee?

If I have 45,000 TP now, and I apply this card. Can I redeem 10,000 Enrich miles once the card is approved?

What card are the 45000 TP under?

Only using your VI / this new premier card points can redeem 1000 Enrich @ 4500

eg. if I have 70,000 points on my current MBB2 Amex but also hold, I can only redeem 10K Enrich for those - not at the VI ratio.

I see. So Maybank will actually track which TP was earned under which card to determine redemption of Enrich miles... dang.

this card has the same requirements as VISA Infinite
and yet it is soooo much inferior

Berkshire's verdict, this card is a pile of crap

Maybank has gotta be proud with this.
Amex tends to get us higher loyalty points, but most merchants out there either reject to take it or extra 2/3% charge on txn.

When will Malaysia's credit card business realize there shall be true travel card for everyone? Or at least target middle/middle up income people

A card with one or more of the following features:
-ZERO admin charge on foreign txn
-Lower airmile conversion
-Hotel co-branded card for free nights
-Frequent promo on travel products

if that the case..then what does the bank earning come from since everything is free to customer?

Earn from the merchants?

Just called Maybank AMEX customer service, they told me this cards will launch second week of March 2014. I will convert my existing VI and Maybank 3 platinum cards into this Maybank 2 Premier.

does that enough to cover up the freebies they hand to customer and make a handsome profit?

Second week of March? Official launching?

Any banker can help to answer this?

This is what the customer service told me over the phone just now >.<

So you have not apply yet? Wait till its official launch then only apply?

I want to convert my existing Visa Infinite and Maybank 2 cards into this Maybank 2 premier cards..
but they told me to call again after their official launch...

you already have the cards on hand?

Yup, yesterday submited thru RM.
BTW, as i know we need to apply but cannot direct convert. Once we got the cards, then only cancel those existing cards.

This post has been edited by Alec.Yong: Feb 20 2014, 05:14 PM

i mentioned one or more of the features
any feature 1-3 couple with feature 4 would be nice
apparently, nothing is gonna be perfect
but consumer can coupling such cards for maximum benefits

One thing, better to keep the MBB 2 Cards Gold/Plat, in order to get the 5% weekend rebates, as MBB 2 Cards Premier does not have this features...

Mind to share when you apply these cards, do you need to submit income documents again? Or you can use your existing maybank cards to apply?

Nope, no income docs required for existing WMC/VI card holder.

ok i will contact maybank again tomorrow...

thx

Do update us once you get those cards..

Sure, you too!

I just got some information from the CS, hope this will help for those who are interested in applying these cards.

1. GST
Both cards will impose GST, meaning that we have to pay RM50 + RM50.

2. Annual Fee waiver
First year free. 2nd year onwards, minimum RM80K spending in order to get the waiver. This RM80K is combination of both cards spending.

Updated:

I called to Maybank card service hotline twice today. At first, the consultant (guy) told me no conversion allowed for existing Visa Infinite to the new 2 premier card, must submit new application together with income document.
After few hours, i rang them again ... this time a lady pick up the call. She sounds knowledgeable of the new products, she said yes.. she can help me to apply the new cards without any paper work. It will take 7 to 10 business days for approval.
So, i'm done! hopefully can get the new cards within 2 weeks time

Meaning that you have apply for the cards verbally thru the phone.?

As the Premier Cards carrying the logo 'Maybank' instead of 'Maybankard', in order to keep my wallet looks nice with all 'Maybank' card, i've called to the cs to request for the replacement card of all my WMC, VI and MU VI.....

Maybankard 2 Amex currently is "Maybank" only on the card also

Yap... thats right...simple and easy!

Good, I may do the same

Anyway I find dealing with Infinite/Premier card services via the phone far more efficient than applying anything in branch

This post has been edited by rjb123: Feb 21 2014, 05:48 PM

Yap, i agreed with that. premier call centre people are more friendly and helpful sometime.

So shall I get the replacement card for the MBB 2 Cards aslo?

Then you can't keep the MBB2 Master in your wallet ... that one still says Maybankard

i wonder if any of you will use MBB2 mastercard? haha....

Fair point, I haven't used mine for a long time

I kept it at home, didnt use at all. BTW, mine is Visa instead of MasterCard...

Did you guys notice that, MBB seems issued many Visa co-branded card, but no Mastercard co-branded card...

For this card, both card being charged GST. So need to pay RM100 GST annually. Can see it at maybank website by clicking "click here" at " Save upto RM 6,776* in ayear. * Based on RM7,000 spend a month. Click here for calculation of savings." Line in maybank website. You will see it stated RM100 GST applicable.

Yup, both cards are GST chargeable....

WOW! Fantastic, local spending 5X TP with same conversion for Enrich Miles as MBB VI. Based on what I have been preaching that my Maybank Visa Infinite gives me up to equivalent 30% cash back for overseas spending (click here to read my article about it), the same can be said for this card (the AMEX) So, this card is excellent for those who spend RM80K a year locally.

However, too bad its for AMEX only and not Visa or MasterCard, therefore I won't be applying for this card. IF it had offered 5X TP for the Visa or for government bodies then I definitely will go find someway to get it. I just used my MBB VI to get 2X TP pay for local council assessment bills and earn myself 2X TP too. Nowadays my major local expenses are for Air Asia tickets and it is no where near the RM80K spending to get auto annual fee waiver. For overseas, I still think Maybank Visa is better as it is accepted at more places including for schools/universities tuition fees.

This post has been edited by Gen-X: Feb 22 2014, 10:43 PM

But this Amex comes together with the VI - and the RM80k spending limit is combined between the two. If you can reach RM80K between Amex locally and VI overseas this card makes sense for Enrich collecting

Although I have to admit, Maybank website doesn't give great details at all.

This card sap sap sui for sifu Gen-x

So it comes with VI giving 5XTP and 2XTP for overseas and local spending respectively? If yes, you are right, I should go get these cards.

Indeed.

See below reply from Maybank when I enquired :



They should really change their product information page on their website and give full information. Doesn't even say there which card is supplied!

Ya loh, I was wondering if the other card we can choose between a Visa or MC.

Thanks Bro for taking the time to post the MBB reply.

This post has been edited by Gen-X: Feb 22 2014, 11:19 PM

If we can choose between Visa and MasterCard, then the minimum spend to get the annual fee waiver won't be just RM80K per annum.

You making me confuse bro, I don't understand... can elaborate?

Anyway, for your case, even if spending requirement RM100K for fee waiver also no problems

Spoke to CS today to apply, they'll call me back tomorrow to complete. But according to the guy I'd need to do the application first then only cancel my existing VI after.

I hope this isn't the case as I've put FDs for all my Maybank cards and don't want to go through the hassle of linking another one for the new card. I hope they can clarify tomorrow

Haha, the Reserve Amex only comes with VI...

You see, in order to get the annual fee waiver on the WMC, one need to spend RM120K per annum. If the Reserve Amex can let us choose Between the VI and WMC, it's more worth to get the companion of WMC, as it's just need to spend RM80K per annum only. Hehe...

BTW, not easy to spend RM100K per year lah..

This post has been edited by Alec.Yong: Feb 23 2014, 06:30 PM

i can help anytime, just gimme the card

Wow, then you should go and apply for this card..

How you spend the RM100K?

Oh, I get it now, yes MBB WMC requirement is high.

To ALL:

I did call MBB CS today to redeem my TP to Enrich so ask them the MBB 2 Premier. Now MBB VI downgraded to 3rd position i.e. Press 1 for WMC, Press 2 for MBB 2 Premier and Press 3 for VI.

The guy told me:

1. Download form to apply - and submit with docs (i.e. income). You guys know this is a problem for me

2. The MBB 2 Premier comes with PPMC card that allows 5 FREE entries. And if I keep my existing MBB VI (I already meet the min requirement for waiver) and get the MBB 2 Premier, total 10 FREE entries to airport lounge

This post has been edited by Gen-X: Feb 23 2014, 07:57 PM

btw the treatspoint given if you spend on Amex Reserve is verygood....every ringgit you spent doesnt matter in oversea or local will get you 5 points... if you calculate this and convert it into ringgit...

means everytime you spent you get 2% back in Treatpoints accumulation...

Amex Reserve focus more on airmiles accumulation for travel junkies....

But if you guys not into travelling, the visa infinite co card is good enough as it gives priveleges under golf and fine dining offers....

SO this co premier card gives you the complete package lifestyle of highly affluent ppl that prioritize travelling, golf and fine dining

2% rebate in tp which is what amex gold/platinum is offering, in fact if you do not need the miles why take this card? not to mention weekend rebate is taken off.

problem is i can't afford to pay back if i use my card

Gen-X, sifu, did u see this Post. Another CC for you to add to your collection.

the AMEX is more suited for Local use, as Foreign Currency Conversion for AMEX is much higher than the VI
VI is for overseas use.
that way, all transactions would get 5x TP

Bro, thanks for taking the trouble to let me know, but I already commented, see previous page.

Yah, I want this card And I will tell you why in my latest article to be published tomorrow or day after.

Application done. Maybank phoned back today and had all my details already , no forms or anything to fill out. Should be able to collect the cards soon, then cancel my existing VI afterwards

I just did a simple comparison between the 3 cards, MBB VI, MBB WMC and MBB Reserve Amex on the Enrich Miles earned by each of them. Hope this will help those who are interested into it.




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Great comparison! Thanks!

with all the hoo haa MAS is in now, still worth collecting miles for it? I am holding up all my points now

i received a call from their marketing department asking me whether im interested to migrate my VI to their 2 cards premier.. no docs required..

Bro, like I said earlier I will tell you why I want the Maybank 2 Cards Premier ( I want and I can get is a different story, haha).

Besides the excellent conversion to Enrich for local spending, I just compared my MBB AMEX vs Maybank Visa infinite overseas conversion rate and found out that I am being ripped with the Maybank Visa Infinite.

Click here to my article MORE A Little Bitt Of This And A Little Bit Of That when you get home and read my comments on Overseas Conversion Rate and Maybank 2 Cards Premier First Look - A Quick Review. Note, this article is like a series of mini articles and if you don't have time to waste, please don't click on the link given.

This post has been edited by Gen-X: Feb 25 2014, 12:31 PM

I was surprised to see that maybank oversea conversion rate is actually cheaper than visa infinite! can't wait to received this card and use it in my japan trip next month.

I was not really surprised that AMEX ended up lower BUT with 1% diff, that I can't believe. But like I said, too bad I only did one transaction with the AMEX.

Bro, please use both the AMEX and Visa on your next overseas trip so that we have more comparison. And please let me know the outcome.