No annual & late payment fees!
Protecting the environment with Maybank myimpact Visa Signature
It’s no easy feat to help protect the environment but every little contribution or initiative you make makes a huge difference for a better future.
Recently launched by Maybank, this sustainable-themed conventional credit card not only rewards you with cashback and TreatsPoints on spending made with selected eco-friendly merchant(s), but you also get a carbon footprint tracker and carbon offset feature — the first-ever credit card in Malaysia to have these!
Generally, how it works is that the carbon footprint tracker will first calculate and estimate your carbon emissions in kilograms based on your spending. Thereafter, you can choose to offset your carbon footprint by making financial contributions to regional reforestation initiatives by selected projects.
Don’t worry! Both of these features — Carbon Footprint Tracker and Carbon Offset — are easily accessible through the Maybank MAE App and Maybank2u website. You’ll even get a certificate for every carbon offset that you make!
Up to 1% cashback and 1x TreatsPoint
As a Maybank myimpact cardholder, you’ll earn 1% cashback on every spending made with selected ESG-friendly (Environment, Social and Governance) merchants such as the following:
- Commuter Rail and Bus Transportation: For example, RapidKL, Easybook, Aeroline, etc.
- Ride-hailing and Car Rental Services: For example, Grab, Socar, etc.
- EV Charging and Solar Energy Services: For example, Verdant Solar, ERS Energy, etc.
- Education: For example, Tenby Schools, Sri KDU, Beaconhouse, etc.
- Sporting Goods/Memberships and Pharmaceutical Items: For example, ClassPass, JD Sports, Celebrity Fitness, etc.
- Used Merchandise Stores and Repair Services: For example, Mister Minit, Cash Converters, etc.
Meanwhile, 0.5% cashback will be credited to your card account for every contactless spending you make, including via Apple Pay or Samsung Pay, capped at RM35 per month. This excludes Petrol, Airlines, Government Bodies/JomPay, E-wallet Reloads, Cash Advances or Utilities.
1x TreatsPoint, on the other hand, will be awarded for every RM1 spent on other types of transactions except spending on Petrol, Airlines, Government Bodies/JomPay, E-wallet Reloads or Cash Advances.
Travel perks by Visa
Additionally, you’ll enjoy a few travel perks as a Maybank myimpact Visa Signature Credit Card holder such as complimentary travel insurance coverage, Visa Airport Speed Pass and Visa Signature Concierge Service.
- Up to RM2 million of travel insurance coverage which is complimentary when you charge the full fare of your travel ticket(s) with this card. This coverage also includes up to RM1 million worth of Travel Personal Accident Insurance, RM1,000 for missed flight connections (after 12 hours), RM1,000 for luggage delays (after 12 hours) and RM3,000 for lost luggage (after 48 hours). T&Cs apply.
- Enjoy fast-track immigration at over 280 participating international airports via Visa Airport Speed Pass. T&Cs apply.
- Enjoy 24-hour, 7-day-a-week concierge service by Visa Signature which includes personalised travel assistance, gift and specialty services and others. T&Cs apply.
Lifetime annual fee waiver
With all the perks mentioned above, you’d think that this card comes with a high annual fee. But no, you’ll enjoy a lifetime annual fee waiver! That means every year, you only need to pay RM25 for the Sales and Service Tax.
Additionally, it’s also worth highlighting that this card comes with no late payment fees, and no compounding interest will be charged to you as well.
Am I eligible and what are the required documents to apply?
Any Malaysian or expatriate working in Malaysia with a minimum annual income of RM36,000 is eligible to apply for this Maybank credit card.
To apply as the principal cardholder, please prepare the following documents accordingly.
For salaried employees:
- Copy of IC (both sides) or Passport
- Latest BE form with an official tax receipt
- Latest 3 months salary slips
- Latest 6 months savings account activity/current account statement
For self-employed:
- Copy of IC (both sides) or Passport
- Copies of Business Registration Certificates
- Latest 6 months bank statement
For expatriates:
- Letter from employer confirming duration of employment contract in Malaysia
To apply for a supplementary card, please prepare a copy of the cardholder's IC (both sides) or Passport.
