Maybank Credit Cards: Important Updates (Time to Move on?)

Maybank’s Temporary Miles Quota Boost & Devaluation Notice

In case you haven’t heard, Maybank has just announced a devaluation of its credit card miles earning rates, along with a temporary increase in its miles redemption cap. We covered this important update on BolehMiles Telegram yesterday, so if you haven’t subscribed yet, now’s the time!

1. The 100 million miles quota has been temporarily increased to 2 billion miles for February 2025

On paper, the quota lasts until the end of the month, but with pent-up redemption demand, it could run out much sooner. If you have TreatsPoints stuck in the system, now is the time to convert a solid stack to miles.

2. All Maybank credit card earning rates will be devalued except The Platinum Charge and Maybank 2 Cards.

The popular Maybank Manchester United VI (MUVI) card will be devalued to 0.4MPR (for spends on MU win day). That means all past and future spending will be 0.4mpr after the devaluation. If have been using MUVI and you don’t have Platinum charge card, we recommend that you empty all TreatPoints now.

The Platinum Charge card and Maybank 2 Cards remain unaffected.

Miles are still available for redemption as of 1st Feb. You can visit https://mytreats.maybank.com/my/airmiles/c/2430 to make your redemption.

So…What Happened?

Maybank enforces a perpetual 100 million miles monthly redemption cap for all customers nationwide, which usually vanishes within minutes past 12AM on the 1st of every month, forcing miles chasers to stay up at night and fight for their share.

Maybank cards are very popular in Malaysia. Many miles chasers are still holding onto years’ worth of Maybank TreatsPoints and Membership Rewards. We recently ran a poll on BolehMiles Telegram asking our readers which miles card they normally use. Here’s what everyone kindly shared:

BolehMiles Telegram Poll – 19 Jan 2025 (pre-devaluation)

Due to Maybank’s redemption cap shenanigans, some swear to cut ties, but with no compelling alternative, many reluctantly stay in this “toxic relationship” .

The Unexpected Twist

This got so bad that comedian Jason Leong jumped in with a viral video on Instagram, sparking a wave of reactions. News spread fast, and even CIMB took a jab at Maybank’s quota on Instagram. Overnight, he became the unexpected voice of the miles chasers community.

Say what you will about him still using the Maybank 2 Cards (he seriously needs to read this blog), but he’s the one who called out Maybank when it mattered.

We’re not sure why Maybank suddenly raised the miles quota to 2 billion for February 2025—maybe the bad press pushed management to act, or perhaps a fix had been in the works for a while.

This massive increase should clear the backlog of stuck points, finally giving cardholders a chance to redeem their miles. But with this sudden change, two big questions remain—should you cut all Maybank cards, and what are the best alternatives?

Should you cut all Maybank Cards?

Maybank MUVI cardholders now have little reason to stay. Tracking MU win days was already a hassle for just 0.5 MPR, and with the rate now slashed to 0.4 MPR, the card has lost its appeal.

While Maybank MUVI took a hit, Amex KrisFlyer, Platinum Charge, and Maybank 2 Cards (use it for cashback only) remain unaffected. Good to keep, no reason to cut them.

If you’ve had enough of Maybank’s redemption shenanigans, you might consider cutting the Platinum Charge, especially if the high annual fee no longer feels justifiable. While it’s still a great card on its own, you’ll still have to deal with the redemption quota.

What Are Alternatives for Maybank MUVI?

Maybank MUVI was the go-to uncapped non-Amex general spend card for earning KrisFlyer and Asia Miles (Meat miles). With its devaluation, many are now wondering if cashback is the only way out—some even joked about “going vegan,” our insider term for those going all-in on cashback!

The closest replacements are AmBank Enrich (0.25 MPR) and Hong Leong Bank VI (0.29 MPR). Not ideal since both cards offer low MPR and Enrich (Carbs), but these are closest alternative for big spenders who need an uncapped option.

Next in line are the Local Categorised spend cards as highlighted in our Best Miles Card in Malaysia for 2025 post. Going categorised means optimising spend by category, though some cards come with caps.

A special mention goes to Maybank KrisFlyer Amex, offering 0.5 MPR for online spend and 0.4 MPR for offline spend—without being subject to the monthly miles redemption quota. The downside? It’s an Amex-only card, which comes with limited acceptance in Malaysia.

Card Category Miles
per Ringgit (MPR)
Public Bank Visa Signature
Public Bank
Visa Signature

Read Review
Pharmacy
Public Transport
Education
EV Charging
Gym
Green Spends
1.00
Enrich
Alliance Trio
Alliance
Platinum/VI/Virtual
E-wallet
Online Spend
(including Insurance
Utilities
Food Delivery)
0.53^
Enrich
CIMB e-Card
CIMB e-Card
PayWave
Utilities
Online
0.96* Enrich
0.82* Alt Miles
SCB Journey Card
SCB Journey
Dining 0.5
KrisFlyer &
Asia Miles
Maybank Krisflyer Amex Platinum
Maybank Krisflyer
Amex Platinum
Online/Offline Spend
Food Delivery
0.5/0.4
Krisflyer
Miles
UOB World
UOB World

Read Review Apply
E-wallet 0.62#
KrisFlyer &
Asia Miles
^Per card monthly limit of RM3000 for online spend and RM3000 for e-wallet
*Valid for e-day only, which is the 28th of each month. Limit of RM1667 monthly.
#Monthly limit of RM300 each for TnG, Boost, and BigPay.


For CIMB Preferred Banking clients, the CIMB Preferred VI offers up to 0.76 MPR on dining (RM10K spend), a good choice for Seafood or Meat miles, with greater redemption flexibility.

A change in Miles Diet?

If Maybank MUVI was your primary source of Krisflyer or Asia Miles (Meat Miles) from Local Spend and you don’t travel overseas often, this may require you to rethink about your Airline Transfer Partner / Frequent Flyer Program strategy (FFP), a.k.a Miles Diet.

Switching to Enrich (Carbs) is not as bad as it sounds. Enrich can be great for domestic flights (see Enrich redemption chart here), starting as low as 2,100 Enrich for Economy (e.g. KL to Alor Setar). It also shines with its business class sweet spots, like London for 100,000 Enrich or Tokyo for 50,000 (sometimes even less during discounts). There are also other lesser known tricks for Enrich redemptions.

Now, for frequent travellers, we still have many great Overseas card spend options as highlighted in Best Miles Card in Malaysia for 2025 post.

UOB Visa Infinite and the recently upgraded UOB PRVI Miles Elite are great sources of Krisflyer and Asia Miles (Meat).

And CIMB Travel World Elite is a great option for Seafood Miles.


Conclusion

As discussed in our Singapore vs. Malaysia Miles Cards post, the miles game in Malaysia is tough but not unviable, requiring constant adaptation. This devaluation is no exception, strategies will need to shift, but as long as workable alternatives exist, the game continues.

Navigating the ever-changing miles landscape isn’t easy, but that’s what we’re here for. Join the conversation and stay ahead by subscribing to BolehMiles Telegram for the latest updates.

Until next time.

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