And no, there are not 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 at the moment between 21 – 39 years previous (anybody 40 or older is not going to be eligible to use for the cardboard).
If that is Maybank’s approach 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 may 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 per thirty days (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 Card, and 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) every part
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 abruptly.
Bank card advantages are given based mostly on Service provider Class Code (MCCs). Right here’s the listing of MCCs which are eligible for the Maybank XL Playing cards.
Right here’s what and the place you should utilize 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 Recreation, Video Recreation Arcade domestically, Paid Tv, Cable and Radio Providers 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 every part I’m already spending on – apart from groceries, petrol and transport.
This limitation isn’t too tough 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 you can earn these upsized charges even once you pay for any abroad training or hospital payments in overseas forex. Sure, this now means paying in your youngster’s research overseas or getting your beauty surgical procedures accomplished in Bangkok or Korea can now earn you 4 mpd or 5% cashback too!
Simply don’t neglect that like the opposite native banks, spending in foreign currency echange will incur a 3.25% FX charge. So we would as nicely be certain that we get the best mileage in your abroad spend, which makes the Maybank XL Rewards Card an incredible 4 mpd addition to our journey pockets.
See the T&Cs for the Maybank XL Rewards Card right here.
Why I’m a fan of the Maybank XL Rewards Card
When you’re a daily reader of this weblog, you’ll 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.
Nevertheless, 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 buying and subscriptions, one other one for my journey bookings, and I faucet a very totally different card every time I dine out.
With the current financial institution nerfs that happened this yr, I’ve been struggling to earn 4 mpd on my journey bills as I normally pay for my whole household’s tickets and lodging collectively.
So once I noticed that Maybank launched a card that may 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 benefit 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?
When you’re new to Maybank, your air miles will probably be credited within the type of reward factors often known as TREATS Factors.
The Maybank XL Rewards Card will award the 1X base and 9X bonus TREATS Factors collectively, which will probably 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 could be pooled throughout your totally different Maybank playing cards earlier than you switch them to your most popular frequent flyer programme.
^One solution to prolong 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) |
| Krisflyer | 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 might suggest changing your TREATS Factors to Krisflyer or Asia Miles as an alternative because it gives extra worth for cash.
Don’t neglect that every one conversions include the same old 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 rise up to 50% off and 1-for-1 gives from Singaporean’s favorite manufacturers reminiscent of HaiDiLao, Sephora, TADA, KOI, JD Sports activities, HaveFun Karaoke and extra! These unbeatable offers drop each different Friday through Maybank TREATS SG app, so that you’d need to add a reminder to your calendar to snag these gives.
Free Journey XpLorer Defend (insurance coverage)
The primary 15,000 Maybank XL Cardmembers (whether or not you select the rewards or cashback card) may even obtain a complimentary 1-year Etiqa Journey XpLorer Defend insurance coverage coverage to complement their journeys. So you probably have the behavior of creating 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 electronic 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 situations could be discovered within the coverage contract. Protected as much as specified limits by SDIC.Notice: Etiqa Journey XpLorer gives protection for “adventurous actions” reminiscent of abseiling, bungee leaping, sky diving, scorching air ballooning, mountain climbing and snowboarding – which another insurance policies don't at all times cowl for. Nevertheless, you shouldn't be utilizing this as a alternative in your ordinary complete journey insurance coverage plan, because it doesn't cowl for delayed flights, misplaced baggage, private legal responsibility, unintentional loss of life or everlasting incapacity. It's possible you'll contemplate upgrading to their Tiq Journey Insurance coverage together with your Maybank XL Card to get pleasure from complete protection and Maybank TREATS Factors on the identical time. Maybank Cardmembers can use promo code <TIQMBB> right here to buy.
Signal-up gives
- When 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 buddy who indicators up.
- Obtain a free XL sticker pack to personalise your card.
Restricted-time gives
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 finest for?
Everyone knows that there’s no finest bank card, however moderately, discovering the cardboard that’s finest for you.
The Maybank XL Playing cards cowl such a beneficiant vary of classes that it’s onerous to consider somebody who doesn’t spend on any of them and wouldn’t profit from having the cardboard(s) of their pockets.
Actually, it is perhaps 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 should you’re younger sufficient and Xperiencing Life to the fullest, Maybank XL Playing cards may simply be for you.
Conclusion
It isn’t daily 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 offers 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 greater. 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, buying, 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 respectable for most individuals) ✅ Free for two years; the $87.20 annual charge will probably be waived thereafter should you hit at the least $6,000 spend yearly ✅ Can pool factors with different Maybank Playing cards ✅ May be paired with Amaze for abroad use |
❌ You should be beneath 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 should 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 current episode of Speaking Level right here. Though the playing cards I advisable 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 spite of everything, there may be 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 an excellent bank card after we spot one, which is why I daresay the Maybank XL Rewards Card is the finest 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 should you’ve been searching for a single catch-all bank card, that is the cardboard you’d need to try.
My Take: Price It?
Truthfully? 100% sure, should you qualify.
So should you’re beneath 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?
Disclosure: This can be a sponsored submit. All opinions are that of my very own.
