Maybank Cash Back Mastercard Platinum
8% cashback on dining, e-hailing & online groceries and streaming with RM1,500/mo spend (RM18 cap each)
Last updated 13 November 2026 · Reviewed by Raymond, Rates.my
Maybank Cash Back Mastercard Platinum overview
The Maybank Maybank Cash Back Mastercard Platinum is a Platinum-tier Mastercard cashback card built around cashback. 8% cashback on dining, e-hailing & online groceries and streaming with RM1,500/mo spend (RM18 cap each). It best suits entry-level applicants and first-time cardholders, with a minimum income requirement of RM24,000 a year. It carries no annual fee.
Features & benefits
- ✓8% cashback on digital lifestyle (e-hailing, online groceries), dining (incl. delivery) and online entertainment (streaming, games, app stores) when total retail spend reaches RM1,500 in the statement month
- ✓Capped at RM18 cashback per category per statement month (RM54 across the three); 0.2% on those categories below RM1,500
- ✓0.2% unlimited cashback on other retail spend
- ✓No Maybank FX mark-up on card-present spend in Singapore, Thailand, Japan, South Korea and Indonesia
- ✓Free for life (RM25 government service tax per card still applies)
- ✓Replaces the Maybank Grab Mastercard Platinum, discontinued 7 Sep 2026
Is the Maybank Cash Back Mastercard Platinum worth it?
The Maybank Cash Back Mastercard Platinum is best suited to entry-level applicants and first-time cardholders — its minimum income requirement is RM24,000 a year (about RM2,000 a month). As a cashback card, it works best for everyday spenders who want straightforward rebates on categories like petrol, groceries and dining.
- +Free for life — no annual fee
- +Up to 8% cashback on digital lifestyle (e-hailing, online groceries), dining incl. delivery, online entertainment
- +Low income requirement — accessible to first-time applicants
- +Broad range of benefits and perks
- −Cashback capped at RM54 a month
- −Top cashback applies only to specific categories (digital lifestyle (e-hailing, online groceries), dining incl. delivery, online entertainment)
- −Like any credit card, finance charges apply if you don't pay the balance in full each month
Cashback at a glance
Rewards several everyday categories, up to RM54/month. The maximum is the published monthly cap; actual cashback depends on the exact eligible categories, exclusions and minimum-spend terms — confirm the fine print below before you apply.
Eligibility & how to apply
Requirements are general guidance — Maybank sets the final approval criteria. Confirm current terms before you apply.
The fine print, decoded
The catches most people miss on the Maybank Cash Back Mastercard Platinum, in plain language — so nobody gets caught out. Always confirm against the official terms.
- What's excluded
- No cashback on EzyCash, EzyPay/EzyPay Plus, Cash Treats, cash advance, balance transfer or quasi-cash; JomPAY/MyCdd; FPX payments; refunded or disputed transactions; fees and charges; government bodies (MCC 9211-9405), utilities (MCC 4900) and e-wallet reloads (T&C clause 3).
- Min spend to earn
- RM1,500 total retail spend in the statement month unlocks 8% on the three bonus categories; below that they earn 0.2%. Government and utility payments do not count toward the RM1,500 (clause 4).
- How the cap works
- RM18 cashback per bonus category per statement month (RM54 in all); other retail spend earns 0.2% with no cap. Cashback is rounded down to the nearest RM1 each statement month and counted by posting date.
- Foreign transaction fee
- Conversion rate determined by Mastercard (PDS); Maybank adds no FX mark-up on card-present spend in Singapore, Thailand, Japan, South Korea and Indonesia (product page).
- Fee waiver
- Free for life; the RM25 government service tax per card still applies (PDS).
- ⚠Digital lifestyle and online entertainment count card-not-present transactions only: a GrabRide or a supermarket bought in person at the till earns 0.2%, not 8% (T&C note 1)
- ⚠The bonus categories are set by merchant category code (taxi 4121, grocery 5411/5499, dining 5811-5814, digital goods 4899/5815-5818), so a merchant coded differently by its bank earns 0.2%
- ⚠Supplementary-card spend counts toward the principal's RM1,500 and caps; cashback is credited to the principal account
Verified 14 November 2026. Summarised in our own words from Maybank's published terms — indicative only, and terms change. Read the official document before you apply.
📄 Official Maybank Cash Back Mastercard Platinumterms & product disclosure →Maybank Cash Back Mastercard Platinum FAQ
You need a minimum annual income of RM24,000 (about RM2,000 a month). Maybank also considers your overall credit standing.
No — the Maybank Cash Back Mastercard Platinum is free for life with no annual fee.
It earns up to 8% cashback on digital lifestyle (e-hailing, online groceries), dining incl. delivery, online entertainment, capped at RM54 a month. 8% cashback on dining, e-hailing & online groceries and streaming with RM1,500/mo spend (RM18 cap each).
No — the Maybank Cash Back Mastercard Platinum is a conventional credit card. Check with Maybank for any Islamic (card-i) equivalent.
It's a good fit for entry-level applicants and first-time cardholders who want cashback — its main draw is "8% cashback on dining, e-hailing & online groceries and streaming with RM1,500/mo spend (RM18 cap each)". With no annual fee, there's little downside to holding it. Compare it with the related cards below before applying.
See how the Maybank Cash Back Mastercard Platinum compares
This card features in our ranked shortlists — compare it against the best in each category:
Rates, fees and promotions are indicative and time-limited — always confirm current terms with Maybank before applying. Not financial advice. Rates.my is an independent comparison site, not affiliated with or endorsed by Maybank; card names and logos belong to their respective owners. Spotted an error or need a correction or takedown? Contact Raymond at raymond@rates.my.