Maybank Grab Mastercard Platinum
Up to 5X GrabRewards Points per RM1 on Grab spend
Apply for Maybank Grab Mastercard Platinum →Last updated 7 August 2026 · Reviewed by Raymond, Rates.my
Maybank Maybank Grab Mastercard Platinum overview
The Maybank Maybank Grab Mastercard Platinum is a Platinum-tier Mastercard points card built around rewards points. Up to 5X GrabRewards Points per RM1 on Grab spend. 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
- ✓Up to 5X GrabRewards Points per RM1 on Grab services (rides, food, GrabPay)
- ✓1X GrabRewards Point per RM3 on other local spend
- ✓1,000 Welcome GrabRewards Points upon card activation
- ✓Annual fee waived with min. RM12,000/yr spend
Is the Maybank Grab Mastercard Platinum worth it?
The Maybank Grab 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 points card, it works best for people who will actively redeem rewards points for vouchers, gifts or air miles.
- +Free for life — no annual fee
- +Low income requirement — accessible to first-time applicants
- −Rewards only pay off if you actively redeem your points or miles
- −Like any credit card, finance charges apply if you don't pay the balance in full each month
How much could you earn?
At 0.33 points per RM1, around RM2,000 of monthly spending earns about 660 points a month — redeemable for vouchers, gifts or air miles depending on the programme. This is illustrative; redemption value varies.
Eligibility & how to apply
Requirements are general guidance — Maybank sets the final approval criteria. Confirm current terms before you apply.
The fine print, decoded
Before you apply, read Maybank's official terms & Product Disclosure Sheet — the cashback caps, category exclusions and fees are all set out there.
📄 Official Maybank Grab Mastercard Platinumterms & product disclosure →Maybank Grab 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 Grab Mastercard Platinum is free for life with no annual fee.
It earns 0.33 reward points per RM1 spent. Up to 5X GrabRewards Points per RM1 on Grab spend.
No — the Maybank Grab 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 rewards points — its main draw is "Up to 5X GrabRewards Points per RM1 on Grab spend". With no annual fee, there's little downside to holding it. Compare it with the related cards below before applying.
See how the Maybank Grab Mastercard Platinum compares
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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.