Mercedes-Benz Financial Launches First-Ever Credit Card in Partnership with Maybank; First in Malaysian Automotive History
Mercedes-Benz Financial Launches First-Ever Credit Card in Partnership with Maybank; First in Malaysian Automotive History
• The all-new Mercedes-Benz metal card will include exclusive offers for all Mercedes-Benz Malaysia customers nationwide.
• The brand aims to create added value for Mercedes-Benz customers and lead the luxury lifestyle segment beyond automotive excellence.
Kuala Lumpur, 7th April 2023 – Mercedes-Benz Financial today announced an exclusive partnership with Maybank to introduce an industry-first credit card nationwide. As part of this partnership, Visa, the world’s leader in digital payments, will become the exclusive payment network for this new offering.
The Mercedes-Benz card will be the first of its kind, a metal co-branded card in the Malaysian automotive landscape with all the exclusivity, style and convenience needed to meet consumers banking needs.
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.”
Mr. B. Ravintharan – Maybank Senior Executive Vice-President and Head, Cards, Group Community Financial Services 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. In line with the bank's mission of Humanising Financial Services, we constantly look at new opportunities in emerging lifestyle trends to improve customer offerings and fit their current needs and way of life. This is also aligned to the Bank’s strategy to continously build on its strong franchise in the region by offering distinct value propositions for different market segments.“
The Mercedes-Benz card will allow customers to earn accelerated points on selected purchases at any Mercedes-Benz Autohaus nationwide when payment is made using the Mercedes-Benz card. 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. Moreover, 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.
Besides the Mercedes-Benz exclusive offers, cardholders also get to enjoy other attractive rewards such as 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 many more.
Even more value awaits the cardholders as successful applicants of the Mercedes-Benz card will enjoy two-year 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 this bespoke metal card across all dealerships nationwide or visit www.mercedes-benz.com.my/mercedescard for more information.
*Terms and conditions apply.
FRIDAY, APR 7, 2023
AUTOMOTIVE