Revisions to Maybank Credit Cards and CreditAble Fees & Charges
From 20 October 2022, fees and charges for the following will be revised:
Thank you for banking with us.
Credit Cards
| Until 19 October 2022 | From 20 October 2022 | |
|---|---|---|
| Prevailing Interest Rate (Including Cash Advance) | 25.9% p.a. | 26.9% p.a. |
| Late Payment Charges | 5% of the minimum payment due or S$80, whichever is higher |
5% of the minimum payment due or S$100, whichever is higher |
| Cash Advance Fee | 5% or minimum S$15, whichever is higher |
6% or minimum S$15, whichever is higher |
CreditAble
| Until 19 October 2022 | From 20 October 2022 | |
|---|---|---|
| Prevailing Interest Rate | 19.8% p.a. | 20.9% p.a. |
| Late Payment Charge | S$80 | S$100 |
| Default Interest Rate | 25.8% p.a. | 28% p.a. |
| Default Rate Period *No min. payment received by due date |
2 consecutive statement months | By current statement due date |
| Prevailing Rate Period *Prompt min. payment received by due date |
2 consecutive statement months | 3 consecutive statement months |