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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