And no, there aren’t any particular person class caps to fret about this time.
That’s proper, Singapore lastly has a bank card that makes it a lot simpler for us to earn these miles or cashback! Because of Maybank’s design, this now makes the Maybank XL Playing cards the bank cards with one of many widest variety of spending classes for rewards in Singapore, and this perk is specifically tailor-made for individuals who are presently between 21 – 39 years outdated (anybody 40 or older is not going to be eligible to use for the cardboard).
If that is Maybank’s method of grabbing consideration from a youthful crowd, they’ve actually obtained mine.
Relying on whether or not you favor to earn 5% cashback or 4 air miles per greenback in your spending – or each – Maybank has a card for every camp that can certainly match into most individuals’s bank cards stack…together with mine.
| Maybank XL Cashback Card |
Maybank XL Rewards Card |
|
| Earn fee | 5% cashback | 4 air miles per greenback (credited as 10X TREATS Factors) |
| Max cap | $80 monthly (i.e. $1,600 spend) |
10,000 TREATS Factors ($1,000 spend) |
That’s proper, I’ve already signed up for the Maybank XL Rewards Cardand that is why I see it as the must-have bank card of 2025 for all miles chasers.
Earn 5% cashback or 4 air miles per greenback on (virtually) the whole lot
It has been a very long time since I’ve come throughout a card that offers its members a excessive earn fee on so many classes suddenly.
Bank card advantages are given based mostly on Service provider Class Code (MCCs). Right here’s the record of MCCs which can be eligible for the Maybank XL Playing cards.
Right here’s what and the place you need to use the cardboard:
| Bonus Classes | Service provider Class Code (“MCC”) | Service provider Class Code (“MCC”) Description | Examples (non-exhaustive) |
| Dine | 5811, 5812, 5814 and 5462 | Caterers, Restaurant Eating, Quick Meals Eateries, Bakeries, Meals Deliveries domestically | McDonalds, Deliveroo, foodpanda, GrabFood, Breadtalk, 4 Leaves |
| Store | 5262, 5310, 5311, 5331, 5399, 5621, 5631, 5651, 5655, 5661, 5691, 5699 and 5941 | Apparels, Departmental Retailer, Sports activities/Driving Apparels Shops, Sporting Items Shops | Amazon, Shopee, Lazada, Isetan, Love Bonito |
| Journey | 3000 – 3299, 3300 – 3308, 4511, 4722, 7011 | Airways, Lodging, Journey Businesses domestically | Scoot, Singapore Airways, Journey.com, Agoda, Klook, Pelago, KKday, Reserving.com, Airbnb |
| Play | 4899, 5813, 5815, 7832, 7993 and 7994 | Bars, Consuming Locations, Cable Tv Service, Cinemas, Movement Image Theatres, Video Amusement Sport, Video Sport Arcade domestically, Paid Tv, Cable and Radio Companies domestically | Netflix, Disney+, Spotify, HaveFun Karaoke, Harry’s, The Inn Livehouse, Marquee, ZOUK, Shaw Cinemas, Golden Village, Timezone |
| Overseas Spend | Transactions spend abroad or on-line in foreign currency echange (together with card-not-present transactions in foreign currency echange like e-commerce transactions) efficiently charged on to the Card |
As you possibly can see from the desk above, the playing cards covers just about virtually the whole lot I’m already spending on – except groceries, petrol and transport.
This limitation isn’t too troublesome to get round both, contemplating how I’m already shopping for vouchers on HeyMax – which codes as MCC 5311 (Division Shops) – to get my 4 mpd. There’s Shell, NTUC Fairprice, Seize and TADA vouchers there that I’ve been shopping for and incomes 4 mpd on.
One other distinctive use for the Maybank XL Playing cards is that you may earn these upsized charges even once you pay for any abroad schooling or hospital payments in international foreign money. Sure, this now means paying to your little one’s research overseas or getting your beauty surgical procedures carried out in Bangkok or Korea can now earn you 4 mpd or 5% cashback too!
Simply don’t overlook that like the opposite native banks, spending in foreign currency echange will incur a 3.25% FX charge. So we’d as effectively make sure that we get the best mileage in your abroad spend, which makes the Maybank XL Rewards Card a terrific 4 mpd addition to our journey pockets.
See the T&Cs for the Maybank XL Rewards Card right here.See the T&Cs for the Maybank Cashback Card right here.
Why I’m a fan of the Maybank XL Rewards Card
In the event you’re a daily reader of this weblog, you’d know that I normally use my 4 mpd bank cards for almost all of my common bills in order that I can maximise the air miles I earn.
Nonetheless, it’s no secret that many of the 4 mpd playing cards I personal in my pockets include restricted classes. I exploit one for all my on-line purchasing and subscriptions, one other one for my journey bookings, and I faucet a very totally different card at any time when I dine out.
With the latest financial institution nerfs that passed off this yr, I’ve been struggling to earn 4 mpd on my journey bills as I normally pay for my complete household’s tickets and lodging collectively.
So once I noticed that Maybank launched a card that will reward me throughout Dine, Store, Journey, Play and Overseas Spend – I knew I had so as to add it to my stack.
And I’m declaring this card as the latest 2025’s must-get card as a result of once you mix that with the convenience of incomes throughout a number of classes with out having to fret about class caps…this card is a winner.
How do TREATS Factors work?
In the event you’re new to Maybank, your air miles can be credited within the type of reward factors often called TREATS Factors.
The Maybank XL Rewards Card will award the 1X base and 9X bonus TREATS Factors collectively, which can be credited to your account on the eleventh of the next calendar month in a single lump sum.
TREATS Factors from the Maybank XL Rewards Card expire 1 yr^ from the quarterly interval wherein you earned them in, and might be pooled throughout your totally different Maybank playing cards earlier than you switch them to your most popular frequent flyer programme.
^One solution to lengthen your TREATS Factors expiry infinitely is to get on Maybank’s Rewards Infinite Membership Programme. You possibly can qualify by accumulating a minimal spend of S$24,000 on chosen Maybank Credit score Playing cards (not simply restricted to the Maybank XL Rewards Card) inside 12 months. Learn extra right here.
| Frequent flyer programme | Conversion Ratio (TREATS Factors:Companion) |
| Disaster flyers | 25,000 : 10,000 |
| Asia Miles | 12,500 : 5,000 |
| Enrich (Malaysia Airways) | 12,500 : 5,000 |
| AirAsia Rewards | 4,000 : 2,000 |
P.S. I’d advocate changing your TREATS Factors to Krisflyer or Asia Miles as an alternative because it presents extra worth for cash.
Don’t overlook that every one conversions include the standard admin charges of S$27.25.
Maybank XL Cardmember perks
FOMO Fridays eVouchers: as much as 50% off
If that isn’t beneficiant sufficient, Maybank has upped the ante by including FOMO Fridays eVouchers, the place Maybank XL Cardmembers can stand up to 50% off and 1-for-1 presents from Singaporean’s favorite manufacturers resembling HaiDiLao, Sephora, TADA, KOI, JD Sports activities, HaveFun Karaoke and extra! These unbeatable offers drop each different Friday by way of Maybank TREATS SG app, so that you’d need to add a reminder to your calendar to snag these presents.
Free Journey XpLorer Defend (insurance coverage)
The primary 15,000 Maybank XL Cardmembers (whether or not you select the rewards or cashback card) may also obtain a complimentary 1-year Etiqa Journey XpLorer Defend insurance coverage coverage to complement their journeys. So when you’ve got the behavior of constructing quick day journeys to Malaysia or Batam with out shopping for insurance coverage, this will come in useful. What’s extra, the plan covers you for as much as S$5,000 for unintentional accidents and sickness abroad even when it’s from doing YOLO actions like sky diving or bungee leaping.
Etiqa Journey XpLorer Defend is a 1-year journey insurance coverage coverage and also you’ll obtain an e mail notification with the coverage particulars after your Maybank XL Card is accepted.
Phrases apply. This coverage is underwritten by Etiqa Insurance coverage Pte. Ltd. (Firm Reg. No. 201331905K), a member of Maybank Group. This content material is for reference solely and isn't a contract of insurance coverage. Full particulars of the coverage phrases and circumstances might be discovered within the coverage contract. Protected as much as specified limits by SDIC.Be aware: Etiqa Journey XpLorer presents protection for “adventurous actions” resembling abseiling, bungee leaping, sky diving, scorching air ballooning, mountain climbing and snowboarding – which another insurance policies don't at all times cowl for. Nonetheless, you shouldn't be utilizing this as a substitute to your traditional complete journey insurance coverage plan, because it doesn't cowl for delayed flights, misplaced baggage, private legal responsibility, unintentional dying or everlasting incapacity. You could think about upgrading to their Tiq Journey Insurance coverage together with your Maybank XL Card to take pleasure in complete protection and Maybank TREATS Factors on the identical time. Maybank Cardmembers can use promo code
right here to buy .
Signal-up presents
- In the event you’re a brand new to Maybank Credit score Card buyer, get S$10 cashback after your first transaction made with the Maybank XL card
- Get S$10 cashback for referring a good friend who indicators up.
- Obtain a free XL sticker pack to personalise your card.
Restricted-time presents
Get tickets to Pricey Evan Hansen musical at 50% off with the Maybank XL Playing cards once you e book right here from now till 16 November 2025.
Who’s the cardboard greatest for?
Everyone knows that there’s no greatest bank card, however relatively, discovering the cardboard that’s greatest for you.
The Maybank XL Playing cards cowl such a beneficiant vary of classes that it’s laborious to think about somebody who doesn’t spend on any of them and wouldn’t profit from having the cardboard(s) of their pockets.
The truth is, it could be simpler to suppose who the cardboard may not be appropriate for:
- Anybody aged 40 or older
- Somebody who spends lower than $500 a month
So in case you’re younger sufficient and Xperiencing Life to the fullest, Maybank XL Playing cards may simply be for you.
Conclusion
It isn’t day-after-day that we get to earn 4 mpd or 5% cashback on this many classes — particularly with a card that prices nothing for two years and provides you the pliability to pool factors with different Maybank Playing cards.
You possibly can select one card like I did, and even apply for each in case your bills are usually increased. This may translate into:
- $1,000 on the Maybank XL Rewards Card – to max out 4 mpd
- $1,600 on the Maybank XL Cashback Card – to max out the 5% cashback
| Why I utilized for the Maybank XL Rewards Card | Issues to notice |
| ✅ 4 air miles per greenback on eating, purchasing, leisure, on-line journey, & FCY spend ✅ Simply spend $500/month to unlock the excessive earn fee ✅ Bonus capped at spending of $1,000/month (very first rate for most individuals) ✅ Free for two years; the $87.20 annual charge can be waived thereafter in case you hit at the very least $6,000 spend yearly ✅ Can pool factors with different Maybank Playing cards ✅ Will be paired with Amaze for abroad use |
❌ You have to be underneath 40 to use. When you’re previous that, too unhealthy. ❌ Factors expire in 12–15 months, so don’t sit on them too lengthy. ❌ 3.25% FX charge applies — however in case you use Amaze, you possibly can scale back this to zero. |
A few of you might need seen me tweak a CNA host’s bank card technique to assist her earn extra miles on a latest episode of Speaking Level right here. Though the playing cards I really helpful to her in that episode weren’t shared on nationwide TV, I can allow you to guys in on the key: a key card within the stack I designed for her is the Maybank XL Rewards Card.
In any case, there’s no different card in Singapore that offers you 4 mpd for on-line and offline spending once you dine, store, journey, play and spend abroad.
Seasoned miles hackers know a very good bank card once we spot one, which is why I daresay the Maybank XL Rewards Card is the greatest miles card that has been launched in 2025 until date. With lower than 3 months to go earlier than the yr ends, I doubt there’ll be one other higher card launch that stands an opportunity to dethrone this.
So in case you’ve been in search of a single catch-all bank card, that is the cardboard you’d need to try.
My Take: Price It?
Actually? 100% surein case you qualify.
So in case you’re underneath 40 and haven’t signed up but… what are you ready for? Get the Maybank XL Card earlier than the doorways shut on you for good.
I’ve already gotten mine, have you ever?
Apply for the Maybank XL Rewards Card right here
Disclosure: This can be a sponsored put up. All opinions are that of my very own.
