Overview of Maybank Visa Classic
When you choose a credit card, you look for the one that offers you adequate financial flexibility as per your needs and requirement. With Maybank EzyPlans, using your Maybank Visa Classic is easy. The Visa Classic gives you financial freedom even when you are not in your country. The Visa Classic card can also be used overseas, where you can make your payments in Philippine Peso.
Features and Benefits
Philippines’ most safe and secure credit cards are offered by Maybank. The credit cards have an in-built EMV-compliant chip that aid in preventing fraudulent transactions. Every time you make a successful transaction, there is an SMS sent to your mobile for record. For online transactions made via Maybank Secure Online Shopping(MSOS), you will receive a one-time password on your phone.
With the EzyPay feature of Maybank Visa Classic, customers can opt for payment in installments at 0% interest. It is applicable for all principal credit cardholders of Maybank. The installment plan can be opted for a single credit card transaction worth a minimum of PhP 3000, made with participating merchants. You can choose from installment periods of 3, 6, 9, 12, 18 and 24 months.
Principal credit cardholders of Maybank with a good credit history are eligible to apply for the EzyCash Program. Using EzyCash, you can convert your available credit to cash and pay in installments of 3, 6, 12, 18 and 24 months. The minimum amount for EzyCash is PhP 10,000, while the maximum amount is set at PhP 500,000, irrespective of the term period. To enrol in the EzyCash Program, all you have to do is call the 24-hour customer service hotline – (+632) 588-3888 or PLDT domestic toll free number – 1800-10-588-3888.
Principal cardholders making a single retail transaction worth a minimum of PhP 3,000 or having an outstanding balance and a good credit record can apply for EzyConvert. You can apply for EzyConvert by calling the numbers mentioned above. EzyConvert allows you to clear your outstanding payments using various instalment plans. There will be a 1.45% regular add-on rate applied to 3, 6, 12, 18 and 24-month terms.
EzyTransfer helps you consolidate balances from other cards and avail lower interest on installments. All principal credit cardholders of Maybank can opt for EzyTransfer as long as they have a minimum outstanding balance of PhP 5,000 (per credit card) on their cards (maximum of 3) from other major bank/card issuer in the Philippines. The add on rate applied on 3, 6, 12, 18 and 24 month terms will be 0.88%.
For every Php25 spent using your Maybank Visa Classic card, you can earn 1 TreatsPoint. It is applicable for both primary and supplementary cardholder. However, the points earned can be redeemed for exciting freebies or cash credit by primary Maybank Credit cardholders only.
The annual fee of PhP1,000 for primary card holders is waived off for the first year. For supplementary cardholders, the annual fee is PhP500 only.
The following eligibility criteria needs to be fulfilled to get a Visa Classic card:
Resident: You should be a resident of Philippines.
Age: You should be in the age limit of 21 to 65 years.
Gross Annual Income: The gross income of the applicant should be PhP 150,000 yearly.
The documents (proof of identification) needed to be submitted along with the application form are:
- Driver’s License
- TIN ID
- Company ID
- GSIS ID
- SSS ID
- Other IDs issued by the Government.
Proof of Income
If you are an employee, you will have to submit the following documents along with the application form for a Maybank Visa Classic card:
- Last 3 month’s pay slip received from your employer.
- Certificate of Employment – the original copy.
- Latest Income Tax Return (ITR) with BIR/ bank stamp or BIR Form 2316.
The credit card number of your active Maybank account should be mentioned in the application form.
If you are self-employed, you will need to present the documents mentioned below, along with the application form for a Visa Classic card:
- SEC or DTI registration.
- Latest ITR with bank/BIR stamp.
- The most recent Audited Financial Statements (AFS) with bank/BIR stamp.
The active credit card number must be stated in the application form.
- What is the minimum gross yearly income that an applicant must have to be eligible for a Maybank Visa Classic card?
- What is the annual fee for Visa Classic primary cardholders?
- How can you win reward points with your Maybank Visa Classic card?
- What are the installment plan terms available on EzyPlans?
- What are the valid ID proofs that can be submitted, while applying for a Visa Classic card?
If you are applying for a Visa Classic card, your gross annual income must be at least PhP 150,000.
The annual fee for primary cardholders of Maybank’s Visa Classic card is PhP1,000. However, please note the fee is waived off for the first year.
You can earn 1 TreatsPoint with every purchase or transaction worth PhP25 using your Visa Classic card.
The installment plan terms offered on EzyPay are 3, 6, 9, 12, 18 and 24 months. While, the installment plan terms offered on EzyCash, EzyTransfer and EzyConvert are 3, 6, 12, 18 and 24 months.
The ID proofs that are permissible to be submitted along with the application form for a Visa Classic are Passport, Driver’s license, Company ID, TIN ID, SSS ID, GSIS ID or any Government issued ID.