For comparison purposes only. Final terms are determined by the issuing bank.
Review
No annual fee AMEX with 8% online cashback
The Maybank Islamic Ikhwan American Express Platinum Card-i is mainly worth looking at for one reason: 8% cashback on online spending. It is an AMEX card under Maybank Islamic, and unlike the Maybank 2 Cards AMEX, the cashback is not limited to weekends.
In regular months, the online cashback is capped at RM50 per month. At 8%, you need about RM625 of eligible online spending to use the full cap. During Ramadhan and Syawal, the cap goes up to RM100 per month, which means the card can cover about RM1,250 of online spending at the full 8% rate.
This makes the card quite different from the Maybank 2 Cards AMEX. Maybank 2 Cards gives broader eligible AMEX cashback during weekends, while this card is narrower because it focuses on online spending. But if your spending is already online, the Ikhwan AMEX is stronger. The rate is higher, the regular cap is the same as Maybank 2 Cards, and the cap becomes much better during Ramadhan and Syawal.
The points side is less interesting. The card earns 3x TreatsPoints at selected eco-friendly merchants, 2x TreatsPoints on selected local or overseas spending, and 1x TreatsPoint on categories such as petrol, government, utilities, education and Takaful. The value is quite ordinary compared with the 8% online cashback, so I would not treat points as the main reason to apply.
The card is also easy to keep because it has a lifetime annual fee waiver. The minimum income requirement is RM40,000 per year. Digital wallet support is limited to Apple Pay, so Android users do not get the same convenience.
Verdict: The Maybank Islamic Ikhwan American Express Platinum Card-i is a strong pick if you spend regularly online and want high cashback without waiting for weekends. It is not a full everyday cashback card because the best return is tied to online spending and AMEX acceptance still matters. But for online purchases, the 8% rate and free annual fee make it one of the more useful Maybank AMEX cards to keep.
Pros
- 8% cashback on eligible online spending
- No weekend restriction for cashback
- RM50 monthly cap in regular months
- Higher RM100 monthly cap during Ramadhan and Syawal
- Lifetime annual fee waiver
Cons
- Best value is limited to online spending
- American Express acceptance still matters
- TreatsPoints are not the main attraction
- Only supports Apple Pay
Cashback
| Category | Cashback | Cap |
|---|---|---|
Online Spend (Ramadhan & Syawal) Excludes: e-Wallet, e-Wallet | 8% | RM100 |
Online Spend (Regular Months) Excludes: e-Wallet, e-Wallet | 8% | 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 |
|---|---|---|
Selected Eco-Friendly Merchants | 3xTreatsPoints | Uncapped |
Other Retail Spend Excludes: e-Wallet, e-Wallet | 2xTreatsPoints | Uncapped |
Petrol | 1xTreatsPoints | Uncapped |
Government Utilities | 1xTreatsPoints | Uncapped |
Education | 1xTreatsPoints | Uncapped |
Takaful | 1xTreatsPoints | Uncapped |
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. Click on a row to see CPM at different earn rates.
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
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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
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Only programs supported by every points currency earned on this card are shown.
Air Miles Summary
Card benefits
No specific benefits listed.