Maybank Horizon Card: Best for Earning Miles Locally?

Meiling Tan
PROMO: Get a pair of American Tourister Linex 66/24 Luggage TSA (worth S$336), or an AirPods (3rd generation) with Lightning Charging Case (worth S$261.40), or S$200 cashback
Apply Now
on Maybank's website

Maybank Horizon Card

Apply Now
on Maybank's website
Maybank Horizon Visa Signature Card is an entry-level miles card with a generous 3-year fee waiver and free supplementary cards. The 3.2 MPD for local spend goes beyond the usual rates offered by most other miles cards.


  • Free travel insurance coverage of up to S$1,000,000
  • 3-year annual fee waiver and free supplementary card
  • Access to VIP airport lounges (T&Cs apply)
  • Links to the Maybank SaveUp Programme for bonus interest


  • Minimum spend of S$300/month to earn bonus TREATS points
  • S$25 fee to convert Maybank TREATS points to miles
  • No reward miles or renewal bonus
  • Low foreign MPD earn rate

Current Promotion

The first 5,000 approved applicants (first-time cardholders) will get a pair of American Tourister Linex 66/24 Luggage TSA (worth S$336), or an AirPods (3rd generation) with Lightning Charging Case (worth S$261.40), or S$200 cashback. when they charge S$600 for each of the first two consecutive months after approval. Click to apply.

Not many of us have the luxury of jet-setting to Bangkok every month.

And with most cards offering higher MPD for overseas spend than local spend, that leaves us at a disadvantage even if we wanted to collect miles for a holiday.

Luckily, there are options like the Maybank Horizon Visa Signature Card that give more miles for local spending than overseas spending.

Let’s take a closer look at the card to find out more about:

Eligibility Requirements

Age21 and above
Income Requirement
  • At least S$30,000 per annum for Singaporeans and Permanent Residents
  • At least S$45,000 per annum for Malaysian Citizens
  • At least S$60,000 per annum for Foreigners

You can apply via the Maybank website using Singpass MyInfo if you’re a Singaporean or PR. Foreigners and existing Maybank cardmembers may also manually submit their applications online.

Fees and Charges

Annual FeesS$180 for principal card with three-year fee waiver. Supplementary card is free.
Effective Interest Rate25.90% per annum
Late Payment Charges5% of the minimum monthly repayment or S$80, whichever is higher
Minimum Monthly Payment3% of outstanding balance or S$20, whichever is higher
Overlimit Fee3% of the credit limit plus the excess over the credit limit
Maybank TREATS Points Conversion FeeS$25 for each conversion 
Foreign Currency Transaction FeeUp to 3.25%
Cash Advance Interest and Fees5% of the amount withdrawn or S$15, whichever is higher

A few points of note here: you’ll get a three-year annual fee waiver, which is more than what many banks provide. After the first three years, you’ll also get an automatic fee waiver if you spend S$18,000 a year (or S$1,500 a month) on the card.

The only downside is that unlike with other cards, you won’t get a renewal bonus – which can be upwards of 10,000 miles with certain cards. This card is designed for those who want to collect miles without all the administrative hassle.

Features and Benefits

Here’s what you’ll get with the Maybank Horizon Visa Signature Card:

3.2 MPD on Local Spending and Agoda

Specifically, you’ll get 3.2MPD for petrol stations, public transport, Grab and taxi rides, dining in at restaurants, and hotel bookings on Agoda. Aside from the 3.1 MPD the AMEX KrisFlyer card offers on Grab transactions, this is one of the highest MPD rates you’ll find locally.

Be sure to use a different card for local transactions that don’t fall under one of those categories though. Otherwise, you’ll get a sad 0.4 MPD instead.

2 MPD for Travel Spend and Foreign Currency Transactions

Unlike cards like the DBS Altitude that offer up to 10 MPD for travel-related transactions, this is a flat rate (Agoda is the main exception). But this card’s benefits are heavily slanted toward local spending, so we’d recommend a different card if you want one for overseas transactions.

Read also: 7 Best Miles Credit Cards for Singapore

Travel Privileges

While you won’t get much bonus mileage with travel-related transactions, you’ll be covered for up to S$1,000,000 when you charge your full airline fare to the card.

Other travel perks include:

  • Access to selected VIP airport lounges if you charge S$1,000 in a single retail transaction within 3 months of the travel date
  • 20% off walk-in rates for lounge access to Plaza Premium Lounge at Changi, KLIA and HKIA
  • 10% off massage, gym/fitness, and nail/hair beauty services at the Ambassador Transit Lounge in Changi T2 & T3

Bonus Interest with the Maybank Save Up Programme

If you’re a Maybank SaveUp Account user, link this card to your savings account and transact at least S$500 monthly to qualify for up to 3% annual interest.

Downsides of the Maybank Horizon Visa Signature Card

The Maybank Horizon Card’s merits outweigh its downsides, but there are still a few points to note if you want to make the most of this card:

Minimum Spend

You’ll need to spend a minimum of S$300 per month to get the bonus rates on local and overseas spending. But that should be doable with a combination of petrol (or public transport if you don’t drive), dining out, and Grab/taxi rides every month.

TREATS Points Cap & Their Expiry

Maybank rewards your spending in the form of TREATS points, not miles – you’ll have to convert the TREAT points into miles on the TREATS SG app.

You can earn up to 30,000 bonus TREATS points monthly, which equates to about S$4,285 on eligible local spend or S$7,500 in travel or foreign currency spend. Past that cap, you’ll only earn 1 TREAT point per dollar.

These TREATS points also expire in one year unless you’re a Maybank Rewards Infinite (RI) member. You’ll automatically become an RI member by spending S$24,000 on your Maybank card in the preceding year.

No Additional Reward Miles or Welcome Bonus

Some cards offer extra miles as a welcome bonus to qualifying cardholders, or give you tens of thousands of bonus miles when you renew the card. Sadly, the Maybank Horizon Visa Signature Card isn’t one of them.

How Do the MPD Rates Compare?

Credit CardLocal SpendOverseas Spend
Maybank Horizon Card 3.2 MPD for local dining, public transport, Grab/taxi rides, and petrol

0.4 MPD for others
2 MPD for overseas (online and onsite) and travel-related spend 
DBS Altitude Card Visa Signature 1.2 MPD  2 MPD for overseas spend

3 MPD for online flight and hotel bookings

10 MPD for hotel transactions on Kaligo

6 MPD for flight and hotel transactions on Expedia
Citi PremierMiles Card1.2 MPD 2 MPD on foreign currency spend

7 MPD on Agoda

10 MPD on Kaligo
UOB KrisFlyer Card 1.2 MPD

3 MPD for dining, transport, travel, food delivery, and online shopping
3 MPD for travel bookings with SIA brands, including SIA, Scoot, and KrisShop 

The Maybank Horizon Visa Signature Card beats other entry-level mile cards hands down when it comes to MPD for local spend. Even the UOB KrisFlyer Card, which promises 3 MPD on local spend, doesn’t quite measure up to the Maybank Horizon Card.

That said, the UOB KrisFlyer includes food delivery, online shopping, and travel spend for its boosted rates, whereas the Maybank Horizon includes petrol as a category. It’s up to you to decide which is more worthwhile for your lifestyle.

As previously mentioned, this card loses big time with foreign spend MPD, so you’re better off with another option if you’re planning to splurge while on holiday.

Who Would Benefit the Most From This Card?

  • Young adults who want an entry-level miles card to collect miles for the occasional holiday
  • Those who can maximise MPD rates with at least S$300 in local spend, especially in dining, Grab/taxi rides, and public transport
  • Car owners who want to accumulate miles when they spend on petrol