Maybank Shopee Visa Platinum
Maybank Shopee Visa Platinum
Earn 5x Shopee Coins on Shopee, dining, entertainment, and contactless spends with Maybank Shopee Visa Platinum. No annual fees for life!
Eligibility
Minimum monthly income
RM 2,000 (RM 24,000 annually)
Min. Age
Cardholder: 21 years old
Supplementary Cardholder: 18 years old
Resident Status
Malaysians and Expatriates
Document required to apply
You will need to provide several documents such as (varies between different banks):
- A copy of your IC (both sides)
- Latest BE Form with official tax receipt
- Latest 3 months salary slip
- Latest 6 months bank statement
Fees & Charges
Interest Rate
15% - 18%
Annual Fee
RM 0
Free*
Annual Fee Waiver
Yes
Free for life
Late Payment Fee
RM 25 or 5% of the outstanding amount, whichever is higher
Interest Rate
15%
Benefits
- Get 5,000 Shopee Coins as a Welcome Gift upon your card activation and when you spend at least RM300 on accumulation purchases in the first 2 months. In addition, get 5x Shopee Coins on all your Shopee spending during Special Days, 4x Shopee Coins on Special Days for dining, entertainment and contactless spending, and 1x Shopee Coins on other transactions. The 'Special Days' include Pay Day on the 28th of every month, Chinese New Year, Hari Raya, the 9.9 Campaign, etc. For calendar days other than Special Days, you'll get 2x Shopee Coins instead. Please note that no Shopee Coins will be rewarded for transactions on government bodies, any e-wallet top-up, JomPAY and FPX payments.
Terms and Conditions
Product review by CompareHero
Spend and earn Shopee Coins with Maybank Shopee Visa Platinum
If you're a frequent online shopper, especially on Shopee, the Maybank Shopee Visa Platinum Credit Card is a game-changer. Designed for savvy spenders, this card rewards you with Shopee Coins, exclusive deals, and a lifetime annual fee waiver. Whether you're dining out, shopping online, or making contactless payments, this card ensures that every ringgit spent brings you valuable perks.
1. Earn Shopee Coins on Every Transaction
With this card, you can earn Shopee Coins whenever you shop on Shopee and even for daily expenses like dining, entertainment, and contactless payments:
- Up to 5X Shopee Coins per RM1 spent during Pay Day (every 28th), Chinese New Year, Hari Raya, 9.9, 11.11, 12.12, and other special events.
- Up to 2X Shopee Coins per RM1 spent on normal days across Shopee, dining, entertainment, and contactless transactions.
- Shopee Coins can be redeemed for discounts, vouchers, and exclusive deals on Shopee.
- Conversion Rate: 5,000 Shopee Coins = RM50.
Pro Tip: Shopee Coins are capped at 5,000 per statement cycle. Any additional spending will be converted into TreatsPoints, which can be redeemed for air miles (20,000 TreatsPoints = 1,000 Enrich/KrisFlyer/Asia Miles).
2. Exclusive Shopee Promotions and Discounts
- Get access to special Shopee vouchers and promotions exclusively for Maybank Shopee Visa Platinum cardholders.
- Enjoy additional discounts on top brands and popular Shopee campaigns like Shopee 9.9, 11.11, and 12.12.
3. Welcome Gift – 5,000 Shopee Coins
- New cardholders receive 5,000 Shopee Coins after spending a minimum of RM300 within the first 60 days of card approval.
4. Free annual fee!
- Enjoy a FREE lifetime annual fee for both the principal and supplementary cards.
- However, the Sales and Service Tax (SST) of RM25 per year is still applicable.
5. Secure & Convenient Contactless Payments
- Supports Apple Pay, Samsung Pay, and Google Pay for quick and secure transactions.
- Ideal for daily spending, reducing the need to carry cash.
How to Use the Maybank Shopee Visa Platinum on the Shopee App
Using your card on the Shopee app is seamless:
- Add Your Card: Link your Maybank Shopee Visa Platinum to your Shopee account.
- Ensure Your Mobile Number Matches: Your Shopee account phone number must be the same as the one used for your Maybank credit card application.
- Track Your Shopee Coins: Coins will be updated on a T+1 basis (one day after transaction posting) and can be viewed in your Shopee app and monthly credit card statement.
Eligibility & How to Apply
Who Can Apply?
- Principal Cardholder: Malaysians aged 21 – 65 years old with a minimum annual income of RM24,000.
- Supplementary Cardholder: Malaysians aged 18 years and above.
Required Documents
For Salaried Employees:
- Copy of NRIC (front and back) or Passport
- Latest 3 months' salary slips
- Latest 6 months' bank statements (for savings/current accounts)
For Self-Employed Individuals:
- Copy of NRIC (front and back) or Passport
- Income Tax Return (Form B/EA Form)
- Business Registration Certificate/Trading License
- Latest 6 months' company/personal bank statements
For Expatriates:
- Employment contract confirmation letter from employer in Malaysia
For Supplementary Card Applicants:
- Copy of NRIC (front and back) or Passport
Finance Charges & Payment Terms
- Finance charge as low as 15% per annum for on-time payments.
- Minimum monthly repayment: 5% of outstanding balance or RM25, whichever is higher.
- Late payment penalty: 1% of outstanding balance (capped at RM100).
Why Choose the Maybank Shopee Visa Platinum Credit Card?
- Best for Shopee lovers – Earn Shopee Coins on every spend.
- Zero annual fee for life – No hidden costs.
- Exclusive Shopee perks – Access to special promotions and vouchers.
- Multiple redemption options – Convert TreatsPoints to air miles or other rewards.
- Convenient & secure transactions – Supports contactless payments.
Final Verdict: Is It Worth It?
If you're a frequent Shopee shopper, this credit card is a must-have. The ability to earn Shopee Coins on everyday spending, enjoy exclusive discounts, and benefit from a lifetime fee waiver makes it one of the most rewarding credit cards in Malaysia. Whether you're looking to maximize savings on Shopee, earn extra rewards, or enjoy seamless transactions, the Maybank Shopee Visa Platinum Credit Card is an excellent choice.