Lowyat.NET -> Finance, Business and Investment House -> Credit Cards, Debit Cards, Prepaid Cards and Loyalty CardsCredit Cards Maybank Islamic MasterCard/PETRONAS Visa Ikhwan V3, Another Fantastic Cash Back Card
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 Dec 4 2016, 06:08 PM
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#1
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Senior Member
3,305 posts Joined: Dec 2012 
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My statement balance RM1,000
Minimum payment RM25 What Happens If I Make Only the Minimum Payment on My Credit Card stament. The remaining RM975 will be charged interest? |
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Jul 9 2020, 10:09 PM
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#2
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Senior Member
3,305 posts Joined: Dec 2012
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QUOTE(a.lifehacks @ Jul 8 2020, 06:15 PM) Notification On Blocked Non-Shariah Merchant Category Codes For Maybank Islamic Ikhwan Cards? [QUOTE]Effective 29 July 2020, all transactions on the list of non-Shariah merchant category codes (MCC) below will be blocked for all Maybank Islamic Ikhwan Cards. MCC & DESCRIPTION 5921- Package Stores – Beer, Wine, and Liquor 5993- Cigar Stores and Stands 7261- Funeral Services and Crematories 7273- Dating Services 7800- Government-Owned Lotteries (US Region only) 7801- Government Licensed On-Line Casinos (On-Line Gambling) (US Region only) 7802- Government Licensed Horse/Dog Racing (US Region only) 7995- Betting (including lottery tickets, Casino Gaming chips, Off track Betting and Wagers) 9406- Government-Owned Lotteries (Non-U.S. region) Note: Refer to the clause on the unlawful activities as indicated in all Islamic Cards’ T&C and also on the statement of card account’s T&C.  Next, any Non-certified HALAL restaurant MCC will be blocked. |
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Jul 9 2020, 10:16 PM
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#3
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Senior Member
3,305 posts Joined: Dec 2012
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QUOTE(GrumpyNooby @ Jul 9 2020, 10:09 PM) HALAL restaurants got special MCC code? I think no at the moment. This is what I guessed. Surprise when I read the announcement at their website just now. |
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Jul 10 2020, 02:04 PM
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#4
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Senior Member
3,305 posts Joined: Dec 2012
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QUOTE(fahrur_07 @ Jul 10 2020, 01:54 PM) Why surprise Because I never think will have this type of restriction before. Is other bank’s islamic banking product have the similar restrictions on certain MCC? Not going to bring any issue here. Just general discuss only. Pls don’t think too far. It's an islamic banking product Of coz it will follow Islamic value/compliant  Nothing to surprise and dont need to bring it as an issue here  Then they supposed to inform the affected merchant to inform their customer the MBB Ikhwan card is not accepted. |
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