For comparison purposes only. Final terms are determined by the issuing bank.
Review
A free-for-life Amex card with useful weekend cashback
The Maybank 2 Platinum Cards are mainly worth looking at because of the American Express card. You get a paired Visa or Mastercard as backup, but the Amex is where most of the reward value sits.
The clearest benefit is 5% cashback on eligible Amex spending during weekends. The cashback is capped at RM50 per month, so about RM1,000 of eligible weekend spending is enough to use the full cap. There is no monthly minimum spend to unlock the cashback, which makes the card easier to use than many tiered cashback cards.
The main catch is Amex acceptance. If a merchant accepts American Express, the weekend cashback is straightforward. If not, you can still use the paired Visa or Mastercard, but you will not get the same cashback value. This is why the card works best for users who already know where they can use Amex regularly.
On weekdays, the Amex earns 5x TreatsPoints. That is useful, but points are not the main reason to apply for this card. The simpler value is still the weekend 5% cashback. Selected categories such as petrol, utilities, insurance and education earn only 1x TreatsPoint, and e-wallet reloads do not earn cashback or TreatsPoints.
The card is easy to keep. The annual fee is free for life, although RM25 service tax applies to each card annually. Since this is a two-card package, the total service tax cost is worth factoring in. The Amex card also supports Apple Pay and Google Pay, which makes it easier to use at merchants that accept contactless Amex payments.
The Platinum version requires a minimum income of RM60,000 per year. It also includes travel insurance coverage of up to RM700,000 when eligible travel tickets are charged to the card.
Verdict: The Maybank 2 Platinum Cards make sense if you can use Amex on weekends and want simple cashback with no annual fee. The 5% weekend cashback is the main appeal, while the paired Visa or Mastercard helps when Amex is not accepted. TreatsPoints are a bonus, but not the main reason to apply. If Amex acceptance fits your spending habits, this remains one of the easier cashback cards to keep long term.
Pros
- Free for life with no annual fee
- 5% weekend cashback on eligible Amex spending
- RM50 monthly cashback cap is reachable with about RM1,000 spend
- No monthly minimum spend required to earn cashback
- Includes travel insurance coverage of up to RM700,000
Cons
- American Express acceptance is more limited than Visa or Mastercard
- 5% cashback only applies on weekends
- E-wallet reloads do not earn cashback or TreatsPoints
- RM25 service tax applies to each card annually
- Weekday TreatsPoints are not the main reason to apply
Cashback
| Category | Cashback | Cap |
|---|---|---|
All Spend (Weekend) Excludes: e-Wallet, Utility | 5% | RM50 |
Rewards rates, caps and eligibility are subject to bank-defined terms and conditions.
Information is compiled independently and may not always reflect the latest updates. Please refer to the relevant official website for final and up-to-date details.
Rewards Points
| Category | Multiplier | Cap |
|---|---|---|
All Spend (Weekday) Excludes: e-Wallet, Utility | 5xTreatsPoints | Uncapped |
5X TreatsPoints is capped at RM500 per transaction and transaction above RM500 will be awarded 1X TreatsPoint for every RM1 spend.
Rewards rates, caps and eligibility are subject to bank-defined terms and conditions.
Information is compiled independently and may not always reflect the latest updates. Please refer to the relevant official website for final and up-to-date details.
Points Conversion
Best CPM is calculated based on the highest earn rate available for each points program. A lower CPM indicates better value.
Information is compiled independently and may not always reflect the latest updates. Please refer to the relevant official website for final and up-to-date details.
Cashback Calculator
Cashback estimates are for reference only. Actual rewards may vary by merchant category, exclusions, and bank terms. Please refer to the official terms for final confirmation.
Monthly Spend
Estimate monthly cashback from eligible category spend.
Cashback Summary
Air Miles Calculator
Estimates use monthly category totals. Actual rewards may differ due to transaction-level rounding, merchant coding, exclusions, caps, and bank terms.
Monthly Spend
Enter eligible spend by category to estimate your miles.
Only programs supported by every points currency earned on this card are shown.
Air Miles Summary
Card benefits
Travel Insurance
Comprehensive travel insurance coverage of up to RM700,000
Lifetime Fee Waiver
No annual fee for life for both Principal and Supplementary cards.