Mari Credit Card Welcome Offer:
Get S$8 no min spend Shopee Voucher when you successfully apply for the Mari Credit Card
This is as good as having someone pay for your shopping expenses!
- Voucher is only applicable when Mari Credit Card Instant Checkout is selected as payment method on Shopee app. T&Cs apply.
- Voucher usage is subject to terms and conditions found on the Shopee Voucher
Plus you can get S$10 cash when you sign up with my promo code 2OJA50ZV
Promo valid till 31 Nov only.
- For New MariBank customers only.
- Remember to make a Shopee purchase with your linked Mari Savings Account within 14 days of account opening.
- Read full terms and conditions here
Overview:
MariBank launched its first credit card, Mari Credit Card, which offers Singapore’s Highest Unlimited Cashback1 rate of 3% on overseas card spend2 and 1.7% on local card spend3, with no minimum spend and no cashback cap. In case you haven’t heard, MariBank is a digital bank licensed by the Monetary Authority of Singapore and a wholly-owned subsidiary of Sea Limited.
Eligibility & Fees:
- Minimum Annual Income: S$30,000
- Citizenship: Singaporeans or PR
- Age: 21 years old and above
- Annual Card Fee: None
- For other applicable fees, refer here
Key Benefits:
- Earn 3% Unlimited Cashback on overseas card spend (until 31 December 2025)
- Earn 5% Unlimited Shopee Coins4 with Mari Credit Card Instant Checkout
- Earn 1.7% Unlimited Cashback on eligible card spend
- No minimum spend and no maximum cashback cap
- No Annual Card Fee
Let’s deep dive into each benefit!
Earn 3% cashback on overseas card spends
From September 16, 2024 to December 31, 2025, you can enjoy 3% Unlimited Cashback on overseas card spend with no cap and no minimum spend requirement! Foreign Currency Fees do apply so please read the link in the footnote for more information. However, with that being said, Mari Credit Card currently has one of the lowest foreign currency charges in the market. Plus, there are no markups for exchange rates!
Even if you’re not travelling overseas, you can still take advantage of this benefit for your online shopping from international retailers such as Taobao or Amazon, or by making foreign currency payments. Just remember to check out in non-SGD currency payment to enjoy the 3% Unlimited Cashback.
5% Unlimited Shopee Coins on Shopee spend
For those who love to shop on Shopee, this card is definitely for you. Mari Credit Card has an Instant Checkout feature on Shopee that allows users to perform seamless checkout without having to key in your credit card details. This feature is called the “Mari Credit Card Instant Checkout”, simply sign up for the card and do a one-time linkage of your Mari Credit Card to your Shopee account. Here is the guide, if you need. All purchases made will be collated in your card statement, fuss-free!
It comes with 2 payment options – (1) Pay In Full, (2) 3x Installments. Only by checking out with ‘Pay In Full’, you can enjoy 5% Shopee Coins! The best part, you can instantly tell how many coins you will receive by scrolling to the bottom of the checkout page. No more mental sums! If you are still hungry for more Shopee coins, you can stack them with promotional vouchers on the Shopee platform, this includes Mari Credit Card exclusive vouchers that you may receive in your voucher wallet!
Don’t Forget to Stack Shopee Vouchers with the 5% Shopee Coins for Your Purchases!
This is purely for illustration purposes.
Recently, I became interested in a portable dishwasher that I might purchase for my future home. At the time of writing, it was priced at S$369.
I claimed a 15% cashback voucher on Shopee to get S$40 worth of Shopee Coins from the “Daily Vouchers” section. This voucher allows me to earn a maximum cashback of 4,000 Shopee Coins and requires a minimum purchase of S$50 for home appliances products. Discounts will differ from promo to promo. So do check your Shopee app for the latest voucher drops to get maximum value.
By charging this transaction to my Mari Credit Card using the Mari Credit Card Instant
Checkout Pay In Full, I get an additional 5% Shopee Coins i.e. 1,845 Shopee Coins (worth
S$18.45). By stacking the voucher cashback and using Mari Credit Card Instant Checkout, I
received 5,845 Shopee Coins (worth S$58.45), which is equivalent to 15.8% of the listed
price of my home appliance (excluding shipping fee). That’s a huge saving!
This card is especially great for people who shop a lot on Shopee because the 5% Shopee Coins have no limit. Even if you spend a large amount, like S$1,000 or S$10,000, you’ll still get 5% Shopee Coins. Nowadays, you can find almost anything on Shopee and there are currently no credit cards in Singapore that give you UNLIMITED 5% Shopee Coins!
Do note that the following actions do not earn you 5% Shopee Coins:
- Checking out via “3x Installments” instead of “Pay In Full” via Mari Credit Card Instant Checkout.
- Manually entering your Mari Credit Card 16- digit number, under the Credit Card/Debit Card payment method. This checkout option will earn you 1.7% cashback instead. These rewards are not stackable.
- Purchasing products under the “Digital Products” catalogue. E.g. Telco top-ups.
No Annual Card Fee
Another perk of the Mari Credit Card is the no Annual Card Fee proposition. This means that you don’t have the added hassle to call the bank for a waiver every year. Personally, I submitted my card application and I got the approval really quickly.
Final Thoughts:
MariBank’s first credit card offers a compelling deal for frequent Shopee shoppers, high travel spends and those seeking a fuss-free high cashback card. There are no minimum spend requirements providing substantial savings without much hassle, especially compared to other credit cards that often have minimum spending requirements or caps on the cashback earned.
Disclaimers:
1 The only credit card in Singapore offering the highest unlimited Shopee Coins on Shopee spend via Mari Credit Card Instant Checkout and the highest unlimited cashback rates4 with no cashback cap or minimum spend requirements for eligible card spend. Information is correct as of 1 May 2024. For full Mari Credit Card Terms and Conditions, read here.
2 Only applicable for eligible card spend in foreign currencies (non-Singapore Dollars), less any applicable interest, fees, and charges such as foreign currency transaction fees. For more information, please refer to Mari Credit Card Foreign Currency Spend 3% Unlimited Cashback Promotion Terms and Conditions.
3 Only applicable for eligible card spend in Singapore Dollars. Please refer to the Terms and Conditions Governing Cashback for Mari Credit Card for transactions that are not eligible for Cashback.
4 Awarded in Shopee Coins for eligible transactions using the Mari Credit Card Instant Checkout payment method on Shopee.
5 Excludes promotional rates that other banks may offer from time to time.
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law.
Credit cards change their T&Cs every so often and it is difficult to stay updated. That’s why I created a Telegram Broadcast where you can receive timely bite-sized updates to get the most out of your spending.
We believe in always paying our credit card bills on time and in full. It is only by doing that, can we fully maximise our credit card benefits.
