Maybank x CardUp Promo: Discounted 1.73% Fee For New/Existing CardUp Users
Until 31st March 2025, get a significantly discounted fee from as low as 1.73% on CardUp when you use eligible Maybank cards with the appropriate promo codes. This is applicable to new and existing CardUp users alike, although if you have not used CardUp before you would want to use my code SETHISFY for a S$30 fee waiver on your first transaction before taking advantage of this promo for subsequent payments.
This promo will allow you to reap more rewards on payments like income tax, mortgage, MCST and more.
Use the promo code for new users first
If you have not used CardUp before, signing up and using my code below gets you S$30 off the service fee, which means you enjoy 0% fee on your first transaction as long as it is S$1,154 or below.
You are free to use any Visa, Mastercard or China UnionPay credit card for this new user promo. Read my guide on CardUp/ipaymy for more info on these services.
CardUp
Pay for things that don’t accept credit cards and earn points or cashback. See the guide here.
🎁 New Users
Use code SETHISFY for reduced fee of 2.3% on the first personal payment¹ (up to S$5,000)
⚠️ Terms and Conditions
For reference only; refer to exact details in terms and conditions
Promo details for Maybank x CardUp
After you are an existing CardUp user, you can use Maybank Platinum Visa card to enjoy a reduced 1.73% service fee with promo code MB173. This is applicable to all domestic transactions and can be used multiple times without a limit until 31st March 2025.
At the same time, there is also a separate promo code for tax payments if you use Maybank Horizon Visa. This isn’t an attractive option, however, because you only get 0.4 miles per dollar using this card. Nonetheless, I have included the details in the table below.
| Card | Earn Rate | Service Fee | Type of Payment | Code | Cap | Validity |
| Maybank Platinum Visa | 3.33% cashback | All domestic transactions | MB173 | Unlimited | Until 31st March 2025 | |
| Maybank Horizon Visa | 0.4 miles per dollar | Income tax only | VTAX24 | Twice per user | Until 31st December 2024 |
See terms and conditions here.
Keep more cashback with the reduced service fee
Note that the fee is also calculated as eligible spend for your Maybank Platinum Card. This means that if you opt to pay S$2,000 to IRAS or your mortgage via CardUp, you will incur S$34.60 making your total amount charged to your card S$2,034.60. This is relatively inefficient as you have exceeded your S$2,000 spending requirement. Instead, you should charge S$1,965.99 so that the fee is S$34.01, making the total amount charged to your card a round S$2,000.
These are the amounts you should pay via CardUp to meet the various spend requirements of Maybank Platinum Visa optimally:
| Amount Paid to Your Bill | CardUp Fee (1.73%) | Total Amount Eligible For Cashback |
| S$294.90 | S$5.10 | S$300 |
| S$983 | S$17 | S$1,000 |
| S$1,965.99 | S$34.01 | S$2,000 |
With Maybank Platinum Visa’s ability to earn you 3.33% cashback on CardUp transactions, the reduced fee from this promo lets you earn more from your income tax, mortgage, and other bills that normally wouldn’t earn card rewards. There was a scare recently that mortgage transactions were going to be disallowed on services like CardUp, but that decision has since been reversed and so we can continue earning rewards on our monthly home loan payments.
Stay subscribed to earn more from your credit cards, savings accounts etc. and more than 23,000 have already joined!
Seth Wee was a licensed financial adviser representative from 2009 to 2025, with over 16 years of experience in Singapore’s financial advisory industry.
He started Sethisfy.com in 2019 to share practical insights on credit cards, banking products, and miles strategies, helping readers identify financial products that deliver the best value. Seth has been featured in CNA, Channel 8, Today, and a host of other publications. In 2025, he was also part of a panel at CPF’s Ready For Life festival.
Subscribe to the channel for free updates!
Disclaimer: I may receive an affiliate/referral fee when you sign up for services/products on this site, and such fees keep the site running. I would only recommend services/products I would personally use or recommend to my own friends and family, but I do not provide any warranty or guarantee for the quality of these services/products. Thank you for supporting my site!
Please exercise due diligence when signing up for any service/product as I will not be liable for any personal loss, financial or otherwise. Content published here are my sole views and personal opinion, and none of the information here constitutes personal financial advice nor represents the views of my employer(s).