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Credit Cards Maybank Islamic MasterCard Ikhwan Platinum/Gold V2, Another Fantastic 5% Cash Back Card

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RevengefulHannah
post Nov 4 2015, 04:42 PM

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QUOTE(Gen-X @ Nov 3 2015, 09:26 AM)
Maybank Islamic MasterCard Ikhwan Gold and Platinum Card

Maybank Islamic MasterCard Ikhwan V1

user posted image

Benefits:

1. FREE FOR LIFE  thumbup.gif  thumbup.gif  thumbup.gif

2. 5% Cash Back for Petrol and Groceries on Fridays and Saturdays. Capped at RM50/month for Principal only. 

3. TreatsPoints. Every RM1 spend locally and overseas earn 1 Treatspoints

4.Umrah Trip. One weekly Umrah winner (package for 2pax) will be selected to win an Umrah package (for Muslims) or holiday package (for non-Musilms) - non exchangeable / transferable. Every RM200 retail spending in one single receipt entitle for 1x entry. Campaign starts 1st August 2014 and ongoing. Winner selection will be done every six (6) months.

Con:

1. Supplementary Cards ARE NOT ELIGIBLE for the 5% cash back!!!

And every time you use the Maybank Islamic MasterCard Ikhwan, Maybank will contribure 0.1% to charity  thumbup.gif

user posted image
Click here to read my short review of the Maybank Islamic MasterCard Ikhwan Card.

The FREE FOR LIFE Maybank Islamic MasterCard Ikhwan Gold and Platinum Card is great to compliment the FREE FOR LIFE Maybankard 2 Cards. To learn more, click here and read my article Maybank 3 Cards GTR. 
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I'm kinda interested in applying for this card. But I don't understand what Fixed Monthly Management Charge (FMMC) means... The Product Disclosure Sheet states that for Gold card, the FMMC is RM7,500 and RM15,000 for Platinum card. Would you care to explain? And I'd also like to know if there will be any charges if the card is not used. Thank you in advance! smile.gif
RevengefulHannah
post Nov 4 2015, 04:55 PM

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QUOTE(fruitie @ Nov 4 2015, 04:45 PM)
No need to bother about the amount if you pay full every month.
No charges if you don't use it.
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Thanks for your reply! I read the FAQs and I kinda get it now. It means that if the Actual Monthly Management Charges (AMMC) or Actual Cash Withdrawal Management Charges (ACWMC) exceeds the FMMC, Maybank will charge the AMMC/ACWMC up to the FMMC. That's what I understood though. Hmmm considering to get it for emergencies and of course, the petrol/grocery rebates. smile.gif
RevengefulHannah
post Nov 4 2015, 05:00 PM

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QUOTE(fruitie @ Nov 4 2015, 04:58 PM)
Three things about credit card:
i) Always pay full for your statement balance before due date
ii) Don't miss payment or minimum payment
iii) Don't use it for cash advance

If you follow the above three rules, banks cannot earn extra money from you. biggrin.gif
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I see... thanks for the tips! nod.gif

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