If you recall, I recently wrote about how Citibank has increased the miles earn rate on their credit cards in anticipation for holiday spending. This time, Maybank has also done the same. From 1 Nov to 31 Dec 2018, Maybank Horizon Visa Signature cardholders will earn an additional 1 mpd for all spending categories.
At 3 mpd for foreign currency spend, this puts the Maybank Horizon Visa Signature card on par with the Standard Chartered Visa Infinite card. Bear in mind though, that the UOB Visa Signature card allows for 4 mpd on foreign currency spend, and the Bank of China Elite Miles World Mastercard (if you can get your hands on it) has a superior foreign currency earn rate of 5 mpd until the end of 2018.
Bear in mind that for this Maybank promotion, you must spend at least S$1000 per calendar month to enjoy the bonus miles, and the maximum number of bonus miles is capped at 10000 per calendar month.
More information can be found here.