Earlier, I called up Maybank Center to activate credit card usage in Singapore for Maybank 2 Gold Card. I was told that there will be a charge of 2.5% (AMEX) & 2.25% (VISA) for any overseas transaction. Just FYI. Cheers.

“Maybank 2 Card RM9 Million Cashback” Campaign [ Maybank | T&Cs ]
1 July to 31 December 2016

5% Weekend Cashback is BACK! Just spend RM500 with your Maybank 2 American Express Gold or Platinum Credit Card and 5% for all your weekend spending up to RM50 Cashback. Hurry, we have RM9,000,000 to be given away!


Terms & Conditions:
Campaign starts from 1 July to 31 December 2016.
Total amount of Cashback to be awarded is capped at RM1,500,000 monthly and RM9,000,000 throughout the campaign period.
Cardmember must spend a minimum cumulative of RM500 on any Maybank 2 American Express Platinum or Gold Credit Card in a Calendar month to qualify for the Cashback.
Each Cardmember is eligible for the Cashback only once each month should the Cardmember hold 2 or more Maybank 2 American Express Cards.
Cashback is awarded to the Principle Cardmember only and is capped at RM50 per month.
Cashback for this campaign is excludes Dining where Cardmember currently continues to get 5% Weekend Dining Cashback as part of the product feature.
5% Weekend Cashback will be credited four to six weeks after the end of the Promotion period. << T&Cs stated within 8-12 weeks after end of campaign period. >>



This post has been edited by cybpsych: Jul 1 2016, 09:33 AM

What's the point take away the 5% cashback feature back then and now return it in this form....

At least something for me to continue using it.

This is temporary only for 6 months. The former was there for permanent, big difference.
I guess Maybank notices huge reduction of its customers' spending.

But it also depends whether you get the cashback or not also..

Agree. We are not sure get the 5% cashback.

you'll get to see the cashback between February-March 2017!

I'm trying to understand the chart shown in T&C.



1-31 August 2016, why is the qualifying transaction RM 450 and not RM 500?

1-30 November 2016 and 1-31 December 2016, why spend lesser than RM 500 still can get cash back?

Anyone mind to enlighten me? My mind still can't think straight now.

example of not meeting min RM500 spending per month.

My understanding is retail purchases accumulated must be minimum RM500.
Then the cashback will be calculated based on retail purchases for weekend only.
Therefore the 1st requirement is to spend RM500.

Concept should be similar to SCB gold cash back.

Why does it show RM 15 and RM 10 for November and December when the spending are not even RM 500?

Ah, this clears the air!

So, to maximize it, just spend over the weekend but will this lower down the chances to be one of the winners?

i m applying to convert my 2 cards to Ikhwan Card.. not sure is it a good choice not.. since i already freeze my 2 card and keep as back up only..

The minimum qualifying spending is 500 throughout the month, of which 200 (or 300) is in the weekend.

Depends on your usage. I still use my AmEx occasionally to collect points because I don't really have a general card except for OCBC GE which gives 1%. So I reckon points are better for me.

Also, I have the Ikhwan MasterCard.

didnt say min, says accumulative 500

this criteria is a trap lo.

the more ppl die-die spend rm500 (to be 1st to qualify but without any benefits), then the merchant fees maybank charged can be recycled as "cashback" for this promo.

u still need at least rm500, right?

"Cardmember must spend a minimum cumulative of RM500 on any Maybank 2 American Express Platinum or Gold Credit Card in a Calendar month to qualify for the Cashback."

I just understand from this line on TnC.

Or do you mean for SCB gold cash back?