Miles vs Cashback

Maybank Family & Friends Card

Pick-your-own bonus categories cashback card for family and everyday essentials.

Issuer
Maybank
Network
Mastercard
Rewards
Cashback
Annual fee
Annual fee, often waivable
DiningGroceriesTransportPetrolEntertainment

Pros

  • +Up to 8% cashback on 5 categories you pick from 10
  • +Annual fee S$196.20 waived for first 3 years
  • +Mastercard: widely accepted locally and overseas

Cons

  • 8% tier needs S$1,600/mo min spend from Jan 2026 (was S$800)
  • Monthly cashback cap limits total rewards earned
  • Groceries capped at 6%, not the full 8%
Annual feeS$196.20as of 16 Jun 2026
CashbackUp to 8% cashback on 5 self-selected categories (from 10 options)as of 16 Jun 2026
Min. income (S'porean/PR)S$30,000/yras of 16 Jun 2026
Min. income (foreigner)S$60,000/yras of 16 Jun 2026

Eligibility: Age 21+. Foreigner tiers: Malaysians S$45,000; all other foreigners S$60,000 (both need 1+ year employment).

Who it’s for

The Maybank Family & Friends Card is a cashback card from Maybank, best suited to people who spend on dining, groceries, transport, petrol and entertainment. It carries an annual fee that can often be waived. Confirm the current terms before applying.

View official detailsAlways confirm the latest fees, rates and terms on the issuer’s site.

Sources

Last reviewed 16 Jun 2026.

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