Maybank is currently having a credit card promotion. From now till 31 December 2008, simply apply for any Maybank Platinum Credit Card and enjoy
- 10-Year Annual Fee Waiver
- S$100 cash credit to your Card Account upon your first card spend within one month of receiving your Card
This promotion is available for new applicants who do not hold any Maybank Credit Card(s) and/or have not cancelled their Maybank Credit Card(s) within 3 months prior to this promotion. Each new Cardmember is entitled to S$100 Cash Credit only, regardless of the number of new Maybank Credit Card(s) applied.
For more details and application, you can visit the Maybank website.
6 comments
Jasmin says:
November 8, 2008 at 10:07 pm (UTC 8)
Please read the small print t&c very carefully first before signing up this card.
CQ says:
November 9, 2008 at 9:03 pm (UTC 8)
Jasmin, why do you say that? Is there any red flag that you spotted?
Jasmin says:
November 10, 2008 at 7:12 am (UTC 8)
CQ,
http://info.maybank2u.com.sg/personal/card_services/ecard.htm
Under * which says “15% p.a. interest rate will apply when Cardmembers pay promptly, otherwise it will be converted to 24% p.a. until such time when a clean payment record is maintained for 6 months. 15% p.a. is applicable to purchases only. ”
I don’t understand the above.
lioninvestor says:
November 10, 2008 at 10:11 pm (UTC 8)
Hi Jasmin,
This is referring to the interest charged on the credit card when you rollover the cc debt.
Always pay off all outstanding balance in full and this will not apply to you. This is essential if you are using any credit card.
For more tips on handling debt, refer to this post:
http://www.martinlee.sg/rich-debt-poor-debt/
The credit card, if used properly, can be a source of free credit and help in your cashflow. If used badly, it can lead to a lifetime of debt.
nick says:
December 13, 2008 at 9:16 am (UTC 8)
i think Maybank cannot affort the 100 dollar cash credit. many of my friends applied has been rejected.
lioninvestor says:
December 13, 2008 at 12:07 pm (UTC 8)
Hi Nick,
This is interesting. The usual credit card application requirements should apply.