CIMB Revises World Mastercard To Offer Enhanced Travel Benefits
Author Avatar

 

CIMB Revises World Mastercard To Offer Enhanced Travel Benefits

CIMB has announced some changes to the features of its CIMB World Mastercard that will kick in on 15 November. The revision introduces some new benefits geared towards the frequent traveller, such as overseas cash rebate and higher bonus points for flight tickets.

Before 15 November After 15 November
  • 2x Bonus Points for overseas spend
  • RM1 million travel insurance coverage
  • KLIA/klia2 premium ride discounts (until 31 December 2019)
  • 4x complimentary green fees at regional golf courses
  • 1.5% cash rebate on overseas spend
  • RM1 million travel insurance coverage
  • 5x Bonus Points for flight ticket purchases
  • 15% off at The ZON Duty Free outlets in Malaysia
  • 15% off and RM10 stamp duty waiver for travel insurance
  • Preferential foreign exchange rates at CIMB Bank Bureau de Change in Malaysia

CIMB World Mastercard cardholders will still get the same 1x Bonus Points for local spend, but the they will no longer earn 2x Bonus Points for overseas spend. Instead, cardholders will receive an unlimited 1.5% cash rebate on overseas spend. Both retail purchases overseas and online spend in foreign currency qualify for the cash rebate. Cardholders are eligible for this cash rebate until 30 November 2020.

Another new benefit introduced is the 5x Bonus Points for flight ticket purchases, a feature that would help the cardholder rack up points more quickly. According to CIMB, 100,000 Bonus Points is equivalent to RM250. Moreover, buying your flight tickets with your CIMB World Mastercard gets you automatic travel insurance coverage of up to RM1 million – a current feature of the card that will be carried forward to the new version.

Besides the overseas cash rebate and 5x bonus points for flight tickets, the revised CIMB World Mastercard will also offer the following travel-centric benefits:

Benefit Valid until
15% off at The ZON Duty Free outlets in Malaysia (in addition to 1x bonus points for local spend) 15 November 2021
15% off and RM10 stamp duty waiver for travel insurance 30 June 2020
Preferential foreign exchange rates at CIMB Bank Bureau de Change in Malaysia 30 November 2020

Meanwhile, the CIMB World Mastercard’s other privileges like up to 50% off hotel dining privileges across the region and one-for-one afternoon tea set deals at selected hotels in Kuala Lumpur remain unchanged by the revision. The existing CIMB Regional Golf programme, which gives cardholders 4x complimentary green fees, will continue until 31 December 2019. After that, you can enjoy the privileges of the Mastercard Southeast Asia Golf – World programme instead, with 50% off green fees at 25 golf courses in 9 countries.

As mentioned, the changes to the CIMB World Mastercard will take effect on 15 November 2019. The annual fees for the CIMB World Mastercard remain fully waived and the minimum income requirement is RM90,000 per annum (RM7,500 per month).

If you’re interested in getting yourself a travel card, you can also have a look at our travel credit card comparison page here.

(Source: CIMB)

 

0 0 votes
Article Rating

SHARE

Comments (0)

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments
Top Cash Back Credit Card Articles
Post Image
How To Pay TNB Bills With Boost, GrabPay, And Touch ‘n Go eWallet
Pang Tun Yau
- 13th February 2020
In recent months, e-wallets (and even Shopee and Lazada) began offering bill payment options, which means Malaysians can […]
Post Image
Public Bank Quantum Visa & Mastercard Review: The New Default
Pang Tun Yau
- 15th May 2020
5% cashback & no annual fees: are the Public Bank Quantum Visa and Mastercard the best entry-level credit cards in the market?
Post Image
HSBC Amanah MPower Platinum Credit Card-i Relaunch: New Cashback For E-Wallet Reloads & More
Pang Tun Yau
- 17th September 2019
HSBC is announcing another "relaunch" – this time, for the HSBC Amanah MPower Platinum Credit Card-i.
Post Image
Affin Bank Renews Rebate Campaign For BHPetrol Touch & Fuel Mastercard
Jacie Tan
- 3rd December 2019
Affin Bank BHPetrol Touch & Fuel Mastercard cardholders can enjoy up to 10% petrol rebate on weekends.

Related articles

Related Posts Image

Citi Cash Back Card Review: All-Rounder

Jacie Tan -
2nd February 2021
Related Posts Image

What Is The Best Petrol Credit Card In Malaysia?

Jacie Tan -
2nd February 2021
Related Posts Image
Related Posts Image