Maybank 2 Platinum Cards (Amex)

A Practical Dual-Card Setup for Structured Spending

The Maybank 2 Platinum Cards (American Express paired with Mastercard or Visa) are positioned as a dual-card solution under a single application and monthly statement. With a minimum income requirement of RM60,000 per annum, cardholders receive two cards designed for different usage scenarios: the Amex card for higher reward rates where accepted, and the Mastercard or Visa card as a universal fallback.

The core value of this pairing lies in the American Express card’s reward structure. On Saturdays and Sundays, cardholders earn 5% cashback on most retail spend, excluding selected categories such as government bodies and utilities, with a monthly cap of RM50. On weekdays, the Amex card earns 5x TreatsPoints per RM1 spent. TreatsPoints are valid for three years and can be redeemed for vouchers or converted into airline miles.

The cards come with a lifetime annual fee waiver, removing ongoing cost considerations beyond the mandatory service tax. In addition, the package includes complimentary travel insurance coverage of up to RM700,000 when eligible travel tickets are charged to the card. These features make the pairing particularly attractive for users who can consistently channel weekend spending through the Amex card.

Verdict: This card combination suits users who value predictable weekend cashback and prefer a low-maintenance setup with no annual fee commitment. While American Express acceptance remains more limited than Mastercard or Visa, the dual-card structure ensures usability across most spending scenarios, provided reward optimisation is centred on the Amex card.