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 Maybank 2 Cards Premier, Fastest Air Miles Conversion

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TSAlec.Yong
post Feb 18 2014, 08:23 PM, updated 10y ago

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


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TSAlec.Yong
post Feb 18 2014, 08:24 PM

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Finally the Maybank 2 Cards Premier is out now..

TSAlec.Yong
post Feb 19 2014, 07:45 AM

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QUOTE(max_cavalera @ Feb 18 2014, 11:54 PM)
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)...
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No, i m non mbb staff, just a mbb card user...smile.gif

BTW, I m Alec, not Alex... Hehe...
TSAlec.Yong
post Feb 19 2014, 11:28 AM

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QUOTE(rjb123 @ Feb 19 2014, 10:46 AM)
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.
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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.
TSAlec.Yong
post Feb 19 2014, 11:30 AM

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QUOTE(Jason @ Feb 19 2014, 09:42 AM)
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.
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In order to get the 5% weekend rebates, i will still keep the exising MBB 2 Cards..
TSAlec.Yong
post Feb 19 2014, 11:47 AM

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QUOTE(rjb123 @ Feb 19 2014, 11:34 AM)
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
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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..
TSAlec.Yong
post Feb 19 2014, 12:53 PM

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QUOTE(ronnie @ Feb 19 2014, 12:38 PM)
Why do they call it "Maybank 2" ??
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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...
TSAlec.Yong
post Feb 19 2014, 12:56 PM

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QUOTE(Phelddagriff @ Feb 19 2014, 11:56 AM)
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...
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How do you know it's not a problem for me to spend so much? smile.gif

If need to maintain all these cards, Reserve Amex, MU VI and WMC, need to spend RM250,000 per annum...
TSAlec.Yong
post Feb 20 2014, 04:00 PM

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QUOTE(maskedchan @ Feb 20 2014, 03:59 PM)
if that the case..then what does the bank earning come from since everything is free to customer?
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Earn from the merchants?
TSAlec.Yong
post Feb 20 2014, 04:35 PM

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QUOTE(Dozz @ Feb 20 2014, 04:19 PM)
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.
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Second week of March? Official launching?
TSAlec.Yong
post Feb 20 2014, 04:37 PM

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QUOTE(maskedchan @ Feb 20 2014, 04:22 PM)
does that enough to cover up the freebies they hand to customer and make a handsome profit?
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Any banker can help to answer this? wink.gif
TSAlec.Yong
post Feb 20 2014, 04:49 PM

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QUOTE(Dozz @ Feb 20 2014, 04:46 PM)
This is what the customer service told me over the phone just now >.<
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So you have not apply yet? Wait till its official launch then only apply?
TSAlec.Yong
post Feb 20 2014, 05:13 PM

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QUOTE(Dozz @ Feb 20 2014, 04:58 PM)
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?
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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
TSAlec.Yong
post Feb 20 2014, 05:24 PM

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QUOTE(Dozz @ Feb 20 2014, 04:58 PM)
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?
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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...wink.gif

TSAlec.Yong
post Feb 20 2014, 08:27 PM

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QUOTE(Dozz @ Feb 20 2014, 06:35 PM)
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?
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Nope, no income docs required for existing WMC/VI card holder. smile.gif
TSAlec.Yong
post Feb 20 2014, 10:44 PM

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QUOTE(Dozz @ Feb 20 2014, 10:27 PM)
ok i will contact maybank again tomorrow...

thx smile.gif
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smile.gif

Do update us once you get those cards..
TSAlec.Yong
post Feb 20 2014, 11:47 PM

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QUOTE(Dozz @ Feb 20 2014, 11:12 PM)
Sure, you too!
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tongue.gif biggrin.gif

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.
TSAlec.Yong
post Feb 21 2014, 03:32 PM

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QUOTE(Dozz @ Feb 21 2014, 03:05 PM)
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 smile.gif
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Meaning that you have apply for the cards verbally thru the phone.?
TSAlec.Yong
post Feb 21 2014, 03:41 PM

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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.....wink.gif
TSAlec.Yong
post Feb 21 2014, 08:17 PM

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QUOTE(rjb123 @ Feb 21 2014, 04:58 PM)
Maybankard 2 Amex currently is "Maybank" only on the card also smile.gif
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So shall I get the replacement card for the MBB 2 Cards aslo? tongue.gif


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