Dear Bros & Sis, if you have been a follower of mine, it comes as no surprise that credit card issuers revised/downgrade their credit cards’ benefits with time.
So far this year, Affin Bank, Alliance Bank, CIMB Bank and Public Banks have already announced revisions to their credit cards’ TnC.
So it comes as no surprise that Maybank will be inflating their Air Miles Redemption. And Maybank is very fair where they will give us adequate notice, up to 1 month before any new changes comes into effect.
HOWEVER, I was shocked to learn that this time around, Maybank did not inflate their Treats Points Redemption by about 10% like they did the last time, i.e. from 4500 TP to 5000 TP for 1K Air Miles.
I was horrified to see that Maybank inflated their TP conversion rate to air miles, minimum 40% and in some cases up to 100%.
Having said the above, Maybank still does offer one of the best conversion of Credit Card Reward Points to air miles…. that is if you have the right card PLUS based on your spending pattern.