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Maybank XL Cashback
Cashback card by Maybank · Many hurdles · Min S$500 a month, Small cashback cap
Earns 5% on dine, Shop, Travel and Play categories. Everything else in S$ earns 0.2%. Annual fee: S$87.20, 2 years free.
Checked against Maybank's own terms on 29 Oct 2026. See the documents
How you earn
| Where | How you pay | You earn |
|---|---|---|
| Foreign currency spend | Any way of paying | 5% foreign currency only |
| Dine, Shop, Travel and Play categories | Any way of paying | 5% |
| Everything else, in S$ | Any way of paying | 0.2% |
| Everything else, in a foreign currency | Any way of paying | 0.2% |
The bank's full earning rules
- 5% Bonus Cashback on Eligible Transactions in the five Cashback Categories: Dine, Shop, Travel, Play and Foreign Spend (cl 1.1).
- 0.2% Base Cashback on all other Eligible Transactions (cl 1.2).
- Minimum spend: S$500 of Eligible Transactions in the calendar month; otherwise only 0.2% (cl 4.1-4.2). Transactions posted by the 10th of the next month count for the month they were made (cl 4.5).
- The 5% Bonus Cashback is capped at S$80 per calendar month; after that 0.2% (cl 4.3-4.4).
- Etiqa insurance (MCC 6300, ETIQA*) earns 0.2% and does not count towards the minimum spend (cl 3).
- Cashback is computed to 2 decimal places per category and rounded down (cl 5.1).
- New cardmember promotion (approved 1 Jul - 30 Sep 2026): cap raised to S$100 for 4 months.
Where the bonus applies
- Dine: restaurants, fast food and food delivery, bakeries (MCC 5811, 5812, 5814, 5462)
- Shop: marketplaces (5262), discount, department and variety stores (5310, 5311, 5331, 5399), apparel and shoes (5621, 5631, 5651, 5655, 5661, 5691, 5699), sporting goods (5941)
- Travel: airlines (3000–3308, 4511), travel agencies (4722), hotels (7011)
- Play: cable and streaming (4899), bars (5813), digital goods (5815), cinemas (7832), arcades and amusement (7993, 7994)
- Foreign Spend: overseas or online transactions in foreign currency
Earns nothing on
- NETS and eNETS transactions
- Government payments
- Betting or gambling
- Brokerage and securities
- Charitable, religious and political organisations
See all 11
- NETS and eNETS transactions
- Government payments (court, fines, tax, postal, parking and other government services)
- Betting or gambling
- Brokerage and securities
- Charitable, religious and political organisations
- Cleaning, maintenance and janitorial services
- Utilities
- Insurance (except Etiqa)
- MCCs 4829, 6010, 6011, 6012, 6050, 6051, 6529, 6530, 6534, 6540, 7511
- AXS and SAM; FlexiCash, FlexiPay, 0% instalment plans, fees and charges
- Prepaid top-ups such as EZ-Link, SimplyGo, TransitLink, YouTrip, Instarem, Singtel Dash, RazerPay, Skrill
Fees and limits
Good to know
5% cashback in Dine, Shop, Travel, Play and Foreign Spend once you spend at least S$500 of eligible spend in the calendar month (all eligible spend counts). Below S$500, everything earns 0.2%.
The 5% is capped at S$80 cashback per calendar month; after that those categories earn 0.2%.
New cardmembers approved 1 Jul - 30 Sep 2026 get a S$100 cap for 4 months: set it under Boosts.
Etiqa insurance (MCC 6300, ETIQA*) earns 0.2% and does not count towards the S$500.
Cashback is worked out to 2 decimal places per category and rounded down; Cardinko does not round cents.
Where these facts come from
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