Procedure of Closing of Maybank Credit Card
If the validity of the credit card will expire, the Maybank Card Center shall automatically extend your credit card. If Maybank decides to close credit card, you may contact Customer Care at at 69811 via mobile telephone or 500611. Make sure all liabilities in your card have been settled. Card closing process will be made within the period not later than 3 (three) working days as of acceptance of request of closing or date of acceptance of all liabilities.
Cash advance limit for Maybank Credit Card Holder is in the amount of 60% of total credit ceiling. You are subjected to Administrative costs of 4% of cash advance amount or at least Rp60.000,- and cash advance interest rate of 2,95% is effective as of date of cash advance until billing date.
If Maybank credit card holder fails to make payment of the billing entirely or delay in making payment, so he/she is subjected to finance charge. The Financial charge shall be adjusted with the interest rate prevails at Maybank (2,95% per month). The minimum payment shall be of 10% of total billing or minimum Rp.75.000,- (whichever is bigger).
Example of Interest count
If Maybank credit card holder has the following data:
|Billing cycle||: date 10|
|Transaction date:||: 15/05|
|Date booked by Maybank:||: 20/05|
|Total Transaction:||: Rp100.000,-|
|Interest rate per month:||: 2,25%|
|Annual Interest rate :||: 26,95%|
|Payment Period:||: 16 days|
|Due date:||: 25/05|
Remarks: This example applies to the Maybank Credit Card holder who only makes 1 transaction. The amount of interest rate and charges are only example, it subject to change according to Bank’s policy, but the counting method remains the same.
Total Rp 149.607,-