1. What is Maybank Credit Card Limit?

The Maybank credit card limit is the maximum amount you can spend using your credit card. It's determined by your annual income and the type of card you hold, multiplied by a factor specific to Maybank Malaysia.

2. How Does the Calculator Work?

The calculator uses the Maybank credit limit formula:

Where:

• \( Income \) — Your annual income in MYR
• \( Maybank\ Factor \) — Multiplier based on card type:
  • Classic Cards: 1.5x
  • Gold Cards: 2.0x
  • Platinum Cards: 2.5x
  • World Cards: 3.0x

Explanation: The higher your income and the more premium your card type, the higher your credit limit will be.

3. Importance of Credit Limit Calculation

Details: Knowing your potential credit limit helps in financial planning, choosing the right card type, and understanding your purchasing power.

4. Using the Calculator

Tips: Enter your annual income in MYR and select your card type. The calculator will estimate your credit limit based on Maybank's standard factors.

5. Frequently Asked Questions (FAQ)

Q1: Is this calculator accurate for all applicants?
A: This provides an estimate based on standard factors. Actual limits may vary based on credit score, existing debts, and other financial factors.

Q2: Can I request a higher limit than calculated?
A: Yes, you can request a higher limit, but approval depends on Maybank's assessment of your financial situation.

Q3: How often can I request a limit increase?
A: Typically every 6-12 months, provided your income and creditworthiness have improved.

Q4: Does this include supplementary card limits?
A: No, supplementary cards share the primary cardholder's limit.

Q5: What if my income changes after getting the card?
A: You can submit updated income documents to Maybank for a limit review.