Maybank Family & Friends Card
Highlights
SingSaver's Take
Things to Consider
Benefits
Fees & Charges
Eligibility
Pros & cons
Pros
Up to 8% cashback across multiple lifestyle categories
High monthly cashback cap (S$125)
3-year fee waiver
Great for families and consistent spenders
Cons
Minimum monthly spend required to unlock 8% rates
Overseas spending only earns 0.3% cashback
Many MCC exclusions (insurance, utilities, education)
Cashback resets monthly, so unutilised cap doesn’t carry forward
Maybank Family & Friends Card
The Maybank Family & Friends Card is a strong pick for everyday spenders who want to maximise cashback across lifestyle essentials. Cardholders can earn up to 8% cashback on selected categories like groceries, dining, transport, petrol, and online shopping, with a minimum monthly spend requirement.
For all other purchases, enjoy 0.3% unlimited cashback with no cap. On top of rewards, the card offers practical value with fee waivers and worldwide acceptance, making it a well-rounded option for families and individuals who want to stretch their dollar on daily expenses.
|
Spend category |
Rewards earned |
|
Local, MYR & IDR spend on 5 preferred categories (with minimum monthly spend S$800) |
8% cash rebate |
|
Local and overseas spend below S$800 monthly |
0.3% cash rebate |
|
Bonus spend |
3% cash rebate on electrical vehicle charging |
SingSaver’s offer
Welcome offer comparison
There are currently no welcome offers for the Maybank Family & Friends Card.
Maybank Family & Friends Card at a glance
Air miles/Cashback
4/5
- Up to 8% cashback on 5 key categories of your choice: groceries, dining, transport, petrol, online shopping, and more.
- 0.3% unlimited cashback on all other purchases.
- Cashback capped at S$125 per month, which is relatively high compared to other cashback cards.
Overseas spending
3.5/5
- Up to 8% on foreign MYR and IDR spend with a minimum monthly spend of S$800.
- Only earn 0.3% cashback on all other foreign currency spend.
- Standard FX and cross-border fees apply.
- Not competitive for overseas use compared to travel or miles cards.
Travel
1/5
- No complimentary lounge visits.
- No airport transfer privileges.
- No bundled travel insurance benefits.
- Minimal travel perks — card is focused on local lifestyle spend.
Bill payment
2/5
- Recurring bills (utilities, insurance, education) typically excluded from 8% categories.
- Only eligible MCCs qualify for higher cashback.
- Non-eligible bills earn just 0.3% base cashback.
- Limited usefulness if card is primarily for recurring household bills.
Petrol
3/5
- Petrol usually counts under the Transport category.
- Earn up to 8% cashback if monthly minimum spend is met and Transport is one of your chosen preferred categories.
- Strong choice for regular drivers who can meet spend requirements.
Annual interest rate and fees
- Annual principal fee: S$196.20 (inclusive of GST)
- Fee waiver: 3-year waiver for principal card
- Interest-free period: 20 days
- Annual interest rate: 27.9% p.a.
- Late payment fees: 5% of minimum monthly repayment or S$100, whichever is higher.
- Minimum monthly repayment: 3% of monthly outstanding balance or S$20, whichever is higher.
- Foreign currency transaction fee: 2.25%
- Cash advance transaction fee: 8% of amount withdrawn or S$15, whichever is higher.
Minimum income requirements
- Singaporean/PR minimum income: S$30,000
- Malaysian minimum income (in employment for at least 1 year): S$40,000
- Foreigner minimum income (in employment for at least 1 year): S$60,000
Why apply for the Maybank Family & Friends Credit Card
Perks and benefits
- Up to 8% cashback on groceries, dining, transport, petrol, online shopping, and more (with minimum monthly spend).
- 0.3% unlimited cashback on all other categories.
- Contactless and mobile wallet compatibility (Apple Pay, Google Pay, Samsung Pay).
Additional benefits
- Fee waiver for first 3 years.
- Straightforward cashback, no conversion to miles needed.
- Generous monthly cashback cap of S$125.
Everyday value
- Great fit for families who spend across multiple categories.
- Petrol and transport rebates make it valuable for drivers.
- Less ideal for frequent overseas travellers (low overseas cashback).
SingSaver’s take
The Maybank Family & Friends Card is one of the strongest cashback options in Singapore, especially for households and individuals who spend consistently in 5 chosen categories. With up to 8% cashback across these categories and a relatively high monthly cap of S$125, it delivers excellent value compared to many competitors.
That said, the card is less appealing for overseas transactions, which only earn 0.3%, and for those who don’t meet the minimum monthly spend requirement. Overall, it’s a highly rewarding card for families and high spenders, but frequent travellers may want to pair it with a miles-focused card.
Card comparison
|
Card |
Miles/Rewards |
Annual fee (principal) |
Other perks |
|
Maybank Family & Friends Card |
8% on preferred categories (S$800 minimum spend) / 0.3% on all other spend |
S$196.20 (waived for first 3 years) |
Free supplementary cards, FX spend in MYR and IDR qualifies for bonus cashback |
|
BOC Visa Infinite Card |
1.6% local / 2.4% overseas cashback |
S$381.50 (waived for first 2 yrs) |
Lounge visits, EV charging rebate, Visa Concierge |
|
Standard Chartered Visa Infinite Card |
Up to 3 miles per S$1 on overseas spend |
~S$594 (Including GST) |
6 visits per year to Priority Pass, strong travel insurance |
The Maybank Family & Friends Card stands out for its customisable 8% cashback on everyday essentials with a generous S$125 monthly cap, making it one of the most rewarding lifestyle cards in Singapore.
Application process
- Click “Apply Now” on this page and follow the prompts.
- Alternatively, you may go to a branch to apply.
- Wait for Maybank to approve your card (typically within 14 business days).
- Once approved, you can start using your card, both physically and by adding it to your mobile wallet.
Frequently asked questions about Maybank Family & Friends Card
The Maybank Family & Friends Card offers up to 8% cashback on five chosen categories such as groceries, dining, transport, petrol, and online shopping. All other spend earns 0.3% cashback, and monthly cashback is capped at S$125. Spend in MYR and IDR also qualify for bonus cashback when the minimum monthly spend is met.
Cardholders select five preferred spend categories when they apply. If the minimum monthly spend requirement is met, eligible purchases in those categories earn up to 8% cashback. Spending outside the categories earns 0.3%. Cashback is credited monthly and resets each statement cycle.
It depends on your lifestyle. The Maybank Family & Friends Card is often seen as the best choice for families and everyday spenders because of its high cashback on essential categories. For frequent travellers, the Maybank Horizon Visa Signature may be more suitable as it offersstronger travel rewards.
For the Maybank Family & Friends Card, the annual fee is waived automatically in the first three years. After that, cardholders can get a waiver by meeting the minimum annual spend requirement of S$18,000.
Related pages
Best Maybank Credit Cards in Singapore 2026
Looking for a credit card that complements your lifestyle? Maybank credit cards offer up to 8% cashback on everyday essentials like dining, groceries, and petrol, making each purchase more rewarding. Whether you're planning a weekend getaway or a special night out, Maybank’s exclusive privileges and easy-to-use digital banking ensure you enjoy life’s moments while staying on top of your finances.