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Cash Back Cards · Singapore

Maybank Family & Friends Card

4.3 / 5 editorial rating

Best for: households that want to pick their own 8% cash back categories each month.

Annual feeS$196.20/yr
IssuerMaybank Singapore
NetworkMastercard
Purchase APRSee issuer
Foreign transaction fee2.25% Maybank fee plus up to…
Credit neededS$30,000 for Singaporeans/PR…

Pros

  • 8% rate on categories you choose
  • Three-year annual fee waiver
  • Bank FX fee of 2.25% is lower than most rivals

Cons

  • S$800 minimum spend each month
  • Monthly cash back caps limit high spenders

Rates and offers change. Confirm today's terms on the issuer's official site before applying. Independent comparison — not financial advice.

The Maybank Family & Friends Card pays 8% cash back in five categories you choose when you spend at least S$800 a month, and the annual fee is waived for three years.

Maybank Family & Friends Card at a glance

IssuerMaybank Singapore
Card networkMastercard
Annual feeS$196.20 (first three years waived)
Rewards rate8% cash back in 5 categories you choose with at least S$800 spend a month; monthly caps and a lower rate on other spend apply (see issuer)
Welcome bonusSee issuer for the current offer
Intro APRNone
Regular APRSee issuer
Foreign transaction fee2.25% Maybank fee plus up to 1% network charge
Credit neededS$30,000 for Singaporeans/PRs; S$45,000 for Malaysians and S$60,000 for other foreigners, each employed 1+ year
Best forHouseholds that want to pick their own 8% cash back categories

Key features

  • Choose 5 cash back categories from Maybank's list, such as groceries, dining and transport
  • Annual fee waived for three years, then waived with S$12,000 yearly spend
  • Free supplementary cards

Pros

  • 8% rate on categories you choose
  • Three-year annual fee waiver
  • Bank FX fee of 2.25% is lower than most rivals

Cons

  • S$800 minimum spend each month
  • Monthly cash back caps limit high spenders

Before you apply: confirm the current annual fee, interest rate, rewards and eligibility on the issuer's official site. CreditCardCompare is an independent comparison resource, not the card issuer, and this is not financial advice.

Sources: maybank2u.com.sg · maybank2u.com.sg · maybank2u.com.sg

How it compares with similar Singapore cards

CardAnnual feeRewardsIntro APRForeign feeCredit neededRating
Maybank Family & Friends CardHouseholds that want to pick their own 8% cash back categories
S$196.20/yr 8% cash back in 5 categories you choose with at least S$800 spend a mo… None 2.25% Maybank fee plus up… S$30,000 for Singaporeans/PRs;… 4.3
Citi Cash Back+ CardAnyone who wants a high flat cash back rate without tracking categories
S$196.20/yr 1.6% cash back on eligible spend with no minimum spend and no cap; ext… None Up to 3.25% S$30,000 for Singaporeans/PRs;… 4.4
UOB One CardSteady spenders who hit S$600 to S$2,000 a month with 10+ purchases
S$196.20/yr Quarterly cash back of S$60, S$100 or S$200 for S$600, S$1,000 or S$2,… None 3.25% S$30,000 for Singaporeans/PRs… 4.4
OCBC 365 Credit CardHouseholds spending S$800+ a month on petrol, dining and groceries
S$196.20/yr 6% petrol; 5% dining and food delivery; 3% groceries, land transport,… None 3.25% (1% card network + 2… S$30,000 for Singaporeans/PRs… 4.3

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