There is a new credit card in town that everybody would love to have – it’s the Maybank Visa Signature. This Maybank Visa Signature earns the card holder 5% cash back for Petrol and Groceries EVERYDAY! And the monthly cash back is capped at RM88 versus Maybankard 2 Cards AMEX RM50. And to top the cash back benefits, the Maybank Visa Signature offers unbelievable UNLIMITED FREE access to Plaza Premium Lounge within Malaysia.
Back in May 2014, I published an article on the benefits of Public Bank Visa Signature which offers 6% cash back for Groceries, Dining and Online Transactions. However, the kedekut Public Bank is well aware that Petrol is one of the essential expenses which we can’t avoid; and if it offered 5% cash back, all the Public Bank VS holders would only mainly use the card for Petrol to earn monthly cash back.
So, I would say that Maybank is truly a wonderful and generous bank that assist the Rakyat in their daily survival and they don’t discriminate any class. The Entry Level Maybankard 2 Cards Gold AMEX (minimum annual income RM30K) earns Fresh Graduates and Junior Execs 5% cash back for Petrol. For people in the middle management level, the Maybank 2 Cards Platinum AMEX earns them 5% cash back plus FREE Golf games.
But you know lah, to some Malaysians, “saving face” is so important that one must have a higher level credit card compared to his/her peers (actually it’s “shiok sendiri”). Therefore some would not want a Classic (HLB WISE) or Platinum (Maybank 2 Cards) and prefer to hold a useless Premier Credit Card and earn less in returns (example – Standard Chartered Visa Infinite). So Maybank now offering those in senior management level the opportunity to earn themselves 5% cash back for Petrol with a Premium Credit Card.
The Public Bank Visa Signature also claimed that it also offers UNLIMITED FREE entries to Plaza Premium Lounges in Malaysia but in reality it is just a marketing ploy. The conditions imposed for the FREE entry is damn freaking insincere.
The Maybankard 2 Cards does offer UNLIMITED FREE entries to airport lounges WITHOUT ANY. CONDITIONS! To top the 5% cash back for Petrol, the Maybank Visa Signature grants the card holder UNLIMITED FREE access to Plaza Premium Lounges within Malaysia. Wait, it gets better, you can issue 4 FREE Supplementary cards and they too are eligible for UNLIMITED FREE entries to Plaza Premium Lounges without any conditions! And no other Visa Signature credit card in Malaysia can offer your Supplementary card holder FREE entries to airport lounges (i.e. Plaza Premium Lounge).
With the above, I am pleased to award the Maybank Visa Signature the title of The Best Visa Signature Credit Card in Malaysia and also The Ultimate Credit Card for FREE Entries to Plaza Premium Lounges within Malaysia.