Asia Miles Credit Cards KrisFlyer

Credit Card Review: Maybank Horizon Visa Signature


Here’s our review of the Maybank Horizon Visa Signature credit card issued in Singapore. It forms part of our series of credit card reviews, which are all summarised on our dedicated Credit Cards page.

Dollar amounts refer to SGD, and ‘miles’ refer to KrisFlyer Miles, except where stated. This review was updated on 31st October 2018.

Key features


Annual fee: $180.00/yr
EIR/APR: 25.9%
Sign-up bonus: None
Standard earn rate: 0.4 miles per $1
Bonus earn rate 1: 2.0 miles per $1*
Bonus earn rate 2: 3.2 miles per $1**
Minimum Age: 21
Minimum income (Singaporean): $50,000/yr
Minimum income (Foreigner): $60,000/yr
* On air tickets, travel packages and foreign currency transactions.
** On dining, petrol, selected taxi fares and selected hotel bookings.


Annual fee

The Maybank Horizon Visa Signature card has an annual fee of $180.00, however this is waived for the first three years of membership and subsequently is automatically waived provided a minimum spend of $18,000 is made using this card per year. A supplementary card is free of charge.


Sign-up bonus

There is currently no sign-up bonus for the Maybank Horizon Visa Signature card.

Earning rates

This card earns 0.4 miles for every $1 of general spending. That’s very poor in relation to other miles earning cards in Singapore, so the key with this one is tapping into one of the two bonus rates.

Bonus earn rate 1

The first bonus category is air tickets, travel packages and foreign currency transactions, which earn at 2.0 miles per $1. That includes any air ticket and/or travel package purchase, the latter referring to a tour arranged by a travel agent where transportation, food and lodging are all provided at an inclusive price.

Jetstar A320
Even low-cost airline tickets are eligible for 2 miles per dollar when purchased with the Maybank Horizon Visa Signature card

Of course any transaction made in a non-SGD currency also qualifies in this category, though the bonus is not cumulative (i.e. you’ll get 2 miles per $1 for an air ticket purchased in foreign currency, not 4 miles).