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Card Services

Credit Card Fund Transfer

Enjoy interest savings when you transfer funds from your Maybank Credit Card to any bank’s credit card, credit line, savings or current account.

Benefits


  • 0% interest rate with processing fee from as low as 0.68% (EIR at 2.80% p.a.)
  • Cash savings of up to 89%¹
  • Supplementary Cardmembers may also transfer funds from the Principal Credit Card Account to the selected bank's card or line of credit account

Cash Savings

¹Here's how much you’ll save with Maybank Fund Transfer


Option
A
B
C
Tenure (Months)
6 months
6 months
3 months
Fund Transfer amount
S$10,000
S$2,000
S$1,000
Interest payable at 25.9% p.a. with other credit cards or line of credit
S$1,295
S$259
S$64.75
Interest payable (p.a.) with
Maybank 1
S$0
S$0
S$0
Processing Fee Charge
1.38%
(EIR: 2.96% p.a.)
1.88%
(EIR: 4.02% p.a.)
0.68%
(EIR: 2.80% p.a.)
Processing Fee Payable
S$138
S$37.60
S$6.80
Cash savings2
S$1,157
(89%)
S$221.40
(85%)
S$57.95
(89%)

 

¹Subject to good account conduct, otherwise prevailing interest rate of 25.9% p.a. will apply.
²Figures have been simplified and rounded off for illustration purposes.

Who Can Apply


All Maybank Credit Cardmembers

Interests & Tenures


Tenure3 (Months)
Interest Rate4
Processing Fee
Minimum Loan Amount
3 months
0% p.a.

0.68%
(EIR 2.80% p.a.)

S$1,000
6 months
0% p.a.

1.38%
(EIR 2.96% p.a.)

S$10,000
6 months
0% p.a.

1.88%
(EIR 4.02% p.a.)

S$2,000
12 months
4.99% p.a.
-
S$2,000

 

3Prevailing interest rate applies thereafter.
4Subject to good account conduct, otherwise prevailing interest rate of 25.9% p.a. will apply.

Other Useful Information


Terms and Conditions (PDF)

Note
The minimum monthly repayment amount** on your Fund Transfer Account(s) that starts with 1155-XXXX-XXXX-XXXX or 1144-XXXX-XXXX-XXXX is 3% of Total Payment Due or S$10, whichever is higher. The required minimum amount payable shall include any outstanding amount ("Past Due") from your previous statements.

**Applies only to Fund Transfer Accounts. The minimum monthly repayment for all credit card account(s) remains the same, and is according to the Terms and Conditions in the Maybank Credit Card Agreement