Payments

Mercedes, Maybank Roll Out Credit Card for Those Earning Min RM100K per Year

by Fintech News Malaysia April 12, 2023

Mercedes-Benz Financial has announced an exclusive partnership with Maybank to introduce a credit card nationwide where Visa will be the exclusive payment network for this new offering.

The all-new metal card will allow customers to earn accelerated points on selected purchases at any Mercedes-Benz Autohaus nationwide.

According to a statement by the luxury car manufacturer, cardholders would be entitled to 10% discount on Mercedes-Benz parts, official merchandise, and accessories in addition to accumulating 10x TreatsPoints with every RM1 spent per visit.

Additionally, the card also offers up to 8% discount on comprehensive Mercedes-Benz Extended Limited Warranty Programme and up to 20% off MobilityPlus, a Mercedes-Benz car replacement programme. Terms and conditions apply for this.

Besides the Mercedes-Benz exclusive offers, cardholders will also get 3% cash back on petrol spend (capped at RM50 a month), complimentary Accor Plus Explorer membership, dining discounts up to 40% in premium dining venues at Marriott Bonvoy Hotels in Malaysia, complimentary green fees at 100 golf courses worldwide and more.

Successful applicants of the Mercedes-Benz card will get a two-year waiver on the annual fee waiver, while subsequent year annual fees will be waived with an accumulated card spending of RM80,000 per annum.

Application is open to all with a minimum annual income of RM100,000. Interested customers can apply for the metal card across all dealerships nationwide or visit the website for more information.

Anamika Talwar

Anamika Talwar, Managing Director of Mercedes-Benz Services Malaysia said,

“We are excited to launch our first credit card product with Maybank and Visa to offer an exclusive branded metal credit card that complements the luxury brand experience for our customers.

 

The Mercedes-Benz Card is designed to enrich the experience of card holders who are lifestyle enthusiasts. Our customers can now have the prized 3 pointed Star, not only in their garage, but also in their wallet.”

B. Ravintharan

B. Ravintharan, Senior Executive Vice-President and Head, Cards, Group Community Financial Services at Maybank said,

“Maybank is honoured to partner with Mercedes-Benz Services Malaysia and become the first in Malaysian automotive history to introduce a one of its kind, metal card offering exclusive and luxurious benefits to its customers.

 

As the market leader for cards in Malaysia, Maybank continues to offer customer centric, new value-added offerings and best in class products for our customers.”