Maybank XL Cashback Card
Maybank · MASTERCARD
The Maybank XL Cashback Card is a credit card from Maybank on the Mastercard network. It has an annual fee of S$87.20. It earns up to 5% on dining & restaurants, up to 5% on shopping, up to 5% on travel. The welcome offer is S$10 cashback and a complimentary Etiqa travel medical policy for new-to-Maybank cardholders who make one purchase in the first two months (offer ends 31 October 2026).
Key facts
- Annual fee
- S$87.20
- Purchase APR
- 27.9% p.a.
- Foreign transaction fee
- Up to 3.25% (2.25% Maybank + up to 1% Visa/Mastercard)
- Network
- MASTERCARD
- Welcome offer
- S$10 cashback and a complimentary Etiqa travel medical policy for new-to-Maybank cardholders who make one purchase in the first two months (offer ends 31 October 2026)
Reward rates by category
| Category | Rate | Detail |
|---|---|---|
| Dining & restaurants | up to 5% | Dining and food delivery, with S$500 spent in the calendar month; bonus capped at S$80 a month |
| Shopping | up to 5% | Shopping, including online, with S$500 spent in the calendar month; bonus capped at S$80 a month |
| Travel | up to 5% | Airlines, hotels and travel agencies, with S$500 spent in the calendar month; bonus capped at S$80 a month |
| Entertainment | up to 5% | Bars, cinemas and shows, with S$500 spent in the calendar month; bonus capped at S$80 a month |
| Everything else | 0.20% | All other spend, no cap |
Benefits and perks
- 5% on foreign currency spend too, within the same monthly bonus cap.
- For applicants aged 21 to 39.
- Annual fee waived for the first 2 years.
- Annual fee waived after that with S$6,000 spent in a year.
Questions about the Maybank XL Cashback Card
What is the annual fee on the Maybank XL Cashback Card?
The Maybank XL Cashback Card has an annual fee of S$87.20.
What rewards does the Maybank XL Cashback Card earn?
The Maybank XL Cashback Card earns up to 5% on dining & restaurants, up to 5% on shopping, up to 5% on travel, up to 5% on entertainment, 0.20% on everything else.
Is the Maybank XL Cashback Card worth it?
The Maybank XL Cashback Card is worth it when the rewards you would earn on your own spending exceed its annual fee. Upload a statement to Woodo and the calculation runs against your real categories rather than an assumed budget.
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