Maybank Islamic Ikhwan Mastercard Gold Card-i
5% cashback on Petronas petrol & groceries, Friday & Saturday
Apply for Maybank Islamic Ikhwan Mastercard Gold Card-i →Last updated 21 September 2026 · Reviewed by Raymond, Rates.my
Maybank Islamic Ikhwan Mastercard Gold Card-i overview
The Maybank Maybank Islamic Ikhwan Mastercard Gold Card-i is a Gold-tier Mastercard points card built around rewards points. 5% cashback on Petronas petrol & groceries, Friday & Saturday. 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. Standout perks include a Shariah-compliant structure.
Features & benefits
- ✓5% cashback on Petronas petrol & groceries, every Friday & Saturday (capped RM50/calendar month, shared across Ikhwan Gold/Platinum cards)
- ✓0.2% cash-equivalent via TreatsPoints (1 pt/RM1, 500 pts = RM1) on all other local & overseas spend
- ✓100% Shariah-compliant — no riba
- ✓Takaful personal accident coverage
- ✓Permanently free — no annual fee ever, no minimum-spend condition
Is the Maybank Islamic Ikhwan Mastercard Gold Card-i worth it?
The Maybank Islamic Ikhwan Mastercard Gold Card-i 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
- +Earns 1 reward point per RM1 spent
- +Shariah-compliant — no conventional interest (riba)
- +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 1 point per RM1, around RM2,000 of monthly spending earns about 2,000 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
The catches most people miss on the Maybank Islamic Ikhwan Mastercard Gold Card-i, in plain language — so nobody gets caught out. Always confirm against the official terms.
- What's excluded
- No Cash Back on: Maybank EzyCash/-i, EzyPay Plus/-i, EzyPay/-i, Cash Treats/-i, Cash Advance, Balance Transfer/-i or Quasi Cash transactions; JomPAY payments; FPX payments to service providers; refunded/disputed/unauthorized/fraudulent transactions; fees and charges (annual fee, profit payments, late fees, cash-withdrawal charges, legal/reprint fees); any transaction deemed beyond personal consumption or business/corporate in nature; and spend on Government Bodies (MCC 9211/9222/9223/9311/9399/9402/9405), utilities (MCC 4900), e-wallet reloads, and petrol brands other than Petronas — per the official Cash Back T&C, Clause 1.
- Min spend to earn
- None — no minimum monthly spend unlocks the 5% rate; the Cash Back T&C only sets a minimum RM1 payout threshold before Cash Back is credited.
- How the cap works
- Cash Back capped at RM50 per Cardmember account per calendar month — shared across the Ikhwan Gold and Platinum Card-i if a customer holds more than one, not a separate RM50 per card.
- Foreign transaction fee
- Visa International's own conversion component (1.25%) plus 1% (or another rate Maybank Islamic sets from time to time) — per the official Maybank Islamic Ikhwan Credit Card-i Agreement, Clause 15.4 (same shared agreement as the Petronas Ikhwan sibling card).
- Fee waiver
- Free for life, unconditional — no minimum spend required to keep the card fee-free (confirmed in both the PDS and the Ikhwan Credit Card-i Agreement's annual-fee table). A separate RM25/yr government service-tax stamp still applies per card on activation/renewal — that's a government levy, not a bank fee.
- ⚠Qualifying days are Friday & Saturday specifically (tracked by the merchant's local time zone on the transaction date), not a generic Saturday/Sunday weekend
- ⚠The 5% rate applies only to Petronas-brand petrol — other petrol brands are excluded even on Fri/Sat
- ⚠The '0.2% weekday cashback' is not a direct cashback line in the official T&C — it's the cash-equivalent value of the base TreatsPoints rate (1 pt/RM1, 500 pts = RM1)
Verified 12 August 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 Islamic Ikhwan Mastercard Gold Card-iterms & product disclosure →Maybank Islamic Ikhwan Mastercard Gold Card-i 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 Islamic Ikhwan Mastercard Gold Card-i is free for life with no annual fee.
It earns 1 reward point per RM1 spent. 5% cashback on Petronas petrol & groceries, Friday & Saturday.
Yes — it is a Shariah-compliant card-i, which avoids conventional interest (riba) and instead uses a Shariah-approved fee structure.
It's a good fit for entry-level applicants and first-time cardholders who want rewards points — its main draw is "5% cashback on Petronas petrol & groceries, Friday & Saturday". With no annual fee, there's little downside to holding it. Compare it with the related cards below before applying.
See how the Maybank Islamic Ikhwan Mastercard Gold Card-i 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.