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The Visa Classic credit card offered by Maybank offers cardholders a range of special features that can range from something as simple as a low annual fee to travel insurance when the card is used to purchase flight tickets. It also is available to both residents of Malaysia and expats working in the country. The card also acts as a protection agent, because it offers travel insurance, and an ideal shopping mate because of the repayment schemes that it offers.
The card comes packed with some of the most interesting and inviting features. These features are:
The annual fee for this car is only RM 60.
Supplementary cards that are taken on this card, come with an annual fee of RM 30.
Cardholders can even go in for multiple cards that can be taken for the payment of a membership fee of RM 90.
The card give you access to payment possibilities around the world since it accepted globally.
Using the vast network of hundreds of ATMs and branches, bills can be paid in no time and with complete ease.
There is a rewards program associated with this card which earns you 1 TreatsPoint for every RM spent.
If you make a purchase from select merchants, you have the option of converting the repayment of your purchase into an instalment scheme that can be taken for up to 24 months and comes with 0% interest.
The Maybank Visa Classic credit card can be taken by anyone provided they fulfil the basic requirements that are defined by the bank. These are:
Applicants should have a minimum annual income of RM 30,000 or more.
For expats the minimum annual requirement is RM 60,000.
The principal applicant needs to be at least 21 years old and not older than 65 years of age.
In the case of supplementary cardholders, the age bracket is between 18 years and 65 years.
People who are expatriates, salaried, self-employed and graduates, can apply for this card.
The documents needed to apply for this card are:
Income tax form J for salaried individuals.
6 months’ salary slip for salaried individuals.
6 months bank statement for self-employed individuals.
Business registration documents for self-employed individuals.
Letter from employers talking about the employment contract for expatriates.
Latest credit card statement and a copy of the credit card itself for existing cardholders
The protection plan offered by this card comes in the form of travel insurance. The protection afforded by the plan can go to RM 300,000 but the condition is that the flight tickets, for the journey, need to be booked using this credit card. If you have not used this card to book said tickets then the travel insurance will not be applicable.
The main attractions of this credit card are that it offers easy payback facilities in term of interest free payments in instalments. It also offers insurance protection in the form of travel insurance and comes with an annual fee that is only RM 60 per annum. The documentation for this card is also quite simple and it is available to both expats and residents of Malaysia.