No annual fees, fixed rates: Maybank Islamic unveils ‘Nadi’ Mastercard

KUALA LUMPUR, July 7 — Maybank Islamic Berhad has unveiled the Maybank Islamic Nadi Mastercard Credit Card-i, a new Shariah-compliant credit card designed to simplify everyday financing for Malaysians.

Launched as a response to the growing demand for practical and transparent financial tools, the Nadi card strips away the complexity often associated with credit. It features a fixed profit rate of 14 per cent per annum, significantly lower than the tiered structures of many prevailing cards, which can reach up to 18 per cent, and comes with no annual fee and non-compounding charges.

The name Nadi, meaning ‘pulse’ in Malay, reflects the bank’s aim to be an integral part of the customer’s daily financial life.

“Trust is the cornerstone of banking and earned through clarity and an unwavering focus on customers,” said Datuk Seri Khairussaleh Ramli, president and group chief executive officer of Maybank.

“Nadi Mastercard Credit Card-i reflects the purposeful innovation we seek to champion – simple, values-driven solutions built around what customers truly need.”

Beyond its straightforward cost structure, card members gain access to Maybank’s extensive ecosystem, including exclusive benefits and over 1,000 merchant privileges across the region.

Mohamad Yasin Abdullah, group chief executive officer of Islamic banking and CEO of Maybank Islamic, said the card is a manifestation of the bank’s “Humanising Financial Services” philosophy.

“We believe financial products should be easy to understand and empower customers to make informed decisions,” he said. “This card is designed to support responsible financial management by eliminating complexity and giving customers greater certainty over their financing costs.”

By providing greater predictability and peace of mind, Maybank Islamic aims to broaden responsible access to credit in a way that is both affordable and meaningful for the community.

Customers may apply for the Nadi Mastercard Credit Card-i starting in October 2026 via the MAE app, Maybank2u, or at any Maybank branch nationwide.