Maya launches black-tier numberless credit card with 0 annual fee in the Philippines

Philippines' number 1 digital bank, Maya, today launched its "Maya Black" credit card.

This is the new Maya Card

The easy-to-acquire "black" premium credit card?

According to the company, this is designed for "mobile-first" consumers. It is powered by Maya's proprietary data and AI-driven credit models as well.

The Maya Black card is also the company's attempt to create a premium-tier credit card following the success of the Maya Landers credit card last year. As of writing, the company has already issued around 200K credit cards.

The new Maya Black card also aims to expand access to credit for more Filipinos, especially those without traditional credit histories. Maya claims that it offers fast approval, instant virtual card issuance, with a physical card delivered soon.

Maya told us that after a successful registration, the physical card should be delivered in around 5-7 days.

This is a premium numberless Visa Platinum credit card with a 0 annual fee. All card details are stored securely in-app, where users can also freeze or replace their card in real time.  

Maya added that from the application to approval, issuance to support, the entire process is digital. Spend tracking, billing, and even support are managed entirely in-app.

Sample interface of the Maya Black card

The company explains that Maya Black leverages proprietary transactional data and other alternative data sources, and an AI-driven credit scoring model can assess and approve users whom traditional banks often overlook. Even applicants without without credit history can also opt into a secured card pathway in the app with no paperwork or reapplication.

Note: Check if your Maya app received a new update before applying for the Maya Black card.

Maya Black benefits

• Earn Maya Miles on every transaction, tracked in real time. Miles can be spent as currency across Maya's merchant network, converted into airline miles like Philippine Airlines’ Mabuhay Miles, and redeemed for other travel rewards—all within the app.
• 3,000 bonus miles upon physical card activation and a PHP 5,000 spend within 60 days
• Access to airport lounges via DragonPass, including PAGSS and Marhaba lounges in NAIA
• Accepted at over 130 million merchants worldwide via Visa
• Advanced security, with card numbers only visible via the app and freeze/replace features  

Credit cards have long symbolized financial freedom and status—but for most Filipinos, they've remained out of reach. With Maya Black, we're making the most desirable card in the market—and democratizing access to it, said Shailesh Baidwan, Maya Group President and Maya Bank Co-Founder. This is a bold step in reshaping credit access—and a major leap in Maya’s journey as the leading provider of full suite of financial products.

We designed Maya Black for a generation that expects instant, mobile-first banking. This isn't the usual credit card—it's a re-engineered experience, said Angelo Madrid, Maya Bank President.

Maya also shared some data about the state of credit cards in the Philippines and why they are launching these types of services.

In the Philippines, credit card represents 38 percent of financial product search interest, according to Google Philippines.

However, access remains limited. BSP's 2021 survey says that 56 percent of Filipino adults find it difficult to qualify.

As of Q4 2023, only 15 percent hold a credit card according to TransUnion data. Outstanding credit card base grew from 9.3 million to 11.2 million year-over-year (YoY), or equivalent to a 20 percent increase, but penetrations remain low in a country of over 70 million adults.

Maya Black aims to directly address this gap by removing legacy barriers while scaling AI-powered credit across Maya’s rapidly growing Millennial and Gen Z base.

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