Maybank Visa Debit Card

A visitor emailed me the other day asking about the spending limits for the Maybank Visa Debit Card. They have also asked how can they change/increase the spending limits of the card.

By default, Maybank has set the spending limit for the Maybank Visa Debit Card to RM500 per day. The spending limit includes purchases made online or offline.

You can change the spending limit to a maximum of RM5,000 per day, however you cannot do it online. The spending limit (along with withdrawal limit) for the Maybank Visa Debit Card can ONLY be changed at the Maybank ATM. I have called the Maybank customer service line, and they did confirm this, and that the spending limit cannot be changed online.

Do hope this helps! Please do email me at info [at] mrcuz [dot] com if you have questions, and I’ll do my best to answer them for you

Here’s a step by step guide on how to add your Maybank Visa Debit card to your Paypal account. Before proceeding, please ensure that you have around RM20-RM30 in your Maybank account, this is for the verification process. Paypal will not charge the full RM20-RM30, but it’s better to be safe (and causes less headaches later on):

Step 1
Complete the Maybankard Secure Online Shopping enrollment. Detailed steps can be found in my previous post.

Step 2
Login to your Paypal account, hover your mouse pointer to “Profile”, and click on “Add/Edit Credit Card”.

Step 2 - Click on Add/Edit Credit card

Step 3
Fill up the online form with your Maybank Visa Debit card credentials. Once you have completed all the fields, click on “Save and Continue”

Step 3 - Complete the online form

Step 4
You will come across this screen, which confirms that your card has been added to your Paypal account, and that Paypal has charged $1.95 to your card. This charge is part of their verification process, which is important so that you can lift your spending & withdrawal limit.

Step 4 - Confirmation screen that your card has been added to Paypal

Step 5
Give it 2-3 working days, and check your Maybank2u online account under “Debit Card History”. Look for the Paypal Expanded Use Number (4 digit number) – it should be labeled as “Expuse”. Remember or write the number down.

Here’s a snapshot from my Maybank2u online account statement showing Expanded Use number (labeled as “EXPUSE”)

Snapshot of the Paypal Expanded Use number

Step 6
Login to your Paypal account again, and look for the “Enter Expanded Use Number” link. Enter the 4 digit number that you’ve found earlier in your Maybank2u online statement. Once done, your Paypal account is verified, and your sending limit is lifted (from $500 to unlimited), and your withdrawal limit is increased to $500 per withdrawal.

There you have it. Does look like a tedious process, but definitely worth it once you have added your card and verified your Paypal account.

Bear in mind that the default amount that you can spend (online or at retail shops) with your Maybank Visa Debit Card is set at RM500, so if you’re planning on spending more, head over to the nearest Maybank ATM to increase your “Purchase Limit”. Purchase Limit is the maximum amount that you can spend per day with your Maybank Visa Debit card (does not include ATM cash withdrawal, only when you swipe your card to pay for purchases)

I would also recommend to increase your card’s “Purchase Limit” if you plan on receiving a Paypal withdrawal worth more than RM500. Paypal allows US$500 (RM1750) per withdrawal, so if you’re withdrawing US$500, increase your Purchase Limit to cater for the Paypal withdrawal.  This is to be on the safe side.

Really do hope this helps! Leave a comment if you need any help or if you have any questions!

Maybank Visa Debit Card

Say what? Seriously??

Let me type that again for you – Maybank Debit Card (also known as the Maybankard), can now be used to Withdraw Funds from your Paypal account!

Now I won’t be bold enough to say this (or type this) without proof, so check the proof below (snapshot of my Maybank account) :

snapshot-paypal-to-maybank1

Convinced? Want to give it a try? Let’s Go! Here’s how you can set your Maybank debit card to be able to receive Paypal withdrawals:

Step 1

Snapshot- MSOS link

Login to your Maybank2u Online account, and look for the “Maybankard Secure Online Shopping Registration” link (MSOS Registration).

Snapshot-MSOS fields

Step 2
Complete the enrollment process by filling up the fields. Make sure that:
1. Password is 6-8 characters, must contain at least 1 number. Example of an accepted Password:  abcde1

2. Personal Assurance Message (PAM) does not contain any special character (dots, fullstop, comma etc etc). PAM is visible when you are about to complete payments/purchases online.

Step 3
You will land on the Maybank confirmation screen, letting you know that your Maybank Visa Debit card is ready to be used online.

Once you have activated Maybank Secure Online Shopping (MSOS) registration, you can add your Maybank Visa Debit Card to your Paypal account. Please ensure that you have around RM20-RM30 in your Maybank account before you add your Maybank Visa Debit Card to your Paypal account.

I’ll explain in my next post as to how to add your Maybank Visa Debit Card to your Paypal account, verify your Paypal account, and further use it for withdrawal and make online purchases.

UPDATE : Instructions on how you can add your Maybank Visa Debit Card to your Paypal account in my New Post