Overview of CIMB Credit Cards in Malaysia
CIMB has a credit card for your needs and benefits, from cashback and rewards points to dining and travel.
Find out more about CIMB credit cards and see what each one has to offer you.
Why choose the CIMB credit card?
CIMB’s complete range of cards means that there is a CIMB credit card for everyone in Malaysia.
Whether it’s a CIMB card for cashback and rebates, a travel credit card or a rewards card, some benefits will best suit your style and living.
Look through our CIMB bank credit card list and if you find the best card for you, start your credit card application with us today!
Features and benefits of a CIMB card
Cashback
This feature is a general favourite when it comes to credit card benefits as you can save up to hundreds of Ringgit in a year simply by using your CIMB credit card to pay for your necessities and other expenses!
For cash rebates on cinema, groceries, petrol, mobile, and utilities every month, get the CIMB Cash Rebate Platinum MasterCard because you earn 5% cashback capped at RM30 on these categories when you spend from RM3,000 and above in a month.
For expenditures below that amount, you get 2% cashback. And for weekend dining spending, you get 12% cashback capped at RM30 with no minimum spend!
If it’s CIMB petrol cashback cards you're after, get a CIMB Petronas Platinum credit card – either in its Islamic or normal variation.
Get 7% cashback on Petronas spending when you spend RM3,000 and above on your CIMB card and 3% for spending up to RM2,999. The cashback is capped at RM50 for petrol and you get 0.2% unlimited cashback on another retail spend.
CIMB Rewards Bonus Points
Want to make sure that your expenditure doesn’t go unrewarded? The CIMB Rewards Bonus Points enable you to redeem all manner of attractive gifts from the CIMB Member Rewards Catalogue.
From household items to shopping vouchers and air miles, spend your Bonus Points the way you want to.
For example, the CIMB Platinum Credit Card is a good place to start if you’re looking for a reward credit card, with 1x Bonus Point for every RM1 spent on retail expenditure.
Meanwhile, frequent travellers can consider collecting CIMB Bonus Points to convert to air miles points with selected airline partners of CIMB.
A good example is the CIMB Travel World Elite Credit Card or the CIMB Travel World Credit Card in which you'll earn Bonus Points on selected local and overseas spending, as well as exclusive travel perks such as airport lounge access, complimentary travel insurance coverage, plus golf benefits.
CIMB Balance Transfer Plan
CIMB balance transfer plans come with flexible repayments and zero processing fees! This is an easy-to-apply balance transfer plan with no supporting documents needed.
Save up on your credit card interest payments by transferring the outstanding credit card balance from other banks to a brand-new CIMB credit card.
With flexible monthly repayments, CIMB Balance Transfer saves you more money and cures your headaches. It allows you to use part of your credit limit on your new CIMB bank credit card to consolidate your outstanding balances on other credit cards.
The minimum outstanding credit card balance you can transfer is RM1,000, up to 80% of your CIMB card limit.
0% Easy Pay Instalment Plan
Enjoy interest-free instalments and flexibility in your repayment for up to 36 months with CIMB 0% Easy Pay.
Available to both Principal and Supplementary cardholders, just inform the cashier that you would like to opt for an instalment plan with CIMB when making payment at any participating merchants.
Choose your preferred repayment tenure of 12, 24, or 36 months and pay 0% interest.
CIMB CashLite Plan
CIMB CashLite is a value-added service for CIMB's principal credit cardholders seeking extra cash in hand through the convenience of borrowing against their available credit card limit.
The minimum CashLite amount you can apply is RM1,000 at a flat interest rate of 9.88%, payable in fixed instalments up to 48 months.
The approved amount will then be disbursed to your nominated bank account within 5 working days from the date of application, subject to terms and conditions.
CIMB provides a simple, hassle-free application so you can get money as soon as possible. Pick up your phone and dial 03 6204 7788 anytime between 9:30 am to 6:30 pm on weekdays to request the service.
You don't need to standby any documents, guarantor or collateral, just tell the bank's representative how much you would like to borrow and state your repayment tenure: 12, 24, 36 or 48 months.
What are the interest rates for CIMB credit cards?
CIMB has a tiered interest rate in the range of 15% - 18% per annum as approved by Bank Negara Malaysia.
The interest rate charged will commonly be higher should you have a history of inconsistent repayments and lower interest rates if you are prompt in repayments.
What are the minimum monthly repayments for CIMB credit cards?
CIMB members are required to make minimum monthly repayments of 5% of the current balance or a minimum of RM50, whichever is higher.
The CIMB cards' monthly repayments will have to be made on the stipulated due date.
Failing to do so may result in a late payment charge of a minimum of RM10 or 1% of the total outstanding balance (excluding interests and fees), whichever is higher and up to a maximum of RM100.
Am I eligible to apply for CIMB credit cards?
To apply for a CIMB credit card, the principal cardholder will have to be between 21 to 65 years old, while the supplementary cardholder is to be at least 18 years old.
Minimum income, on the other hand, differs from card to card.
| APPLY FOR CIMB CREDIT CARD - ELIGIBILITY | |
|---|---|
| Age of Principal Cardholder | Minimum 21 years old |
| Age of Supplementary Cardholder | Minimum 18 years old |
| Nationality | Malaysians |
| Income Requirement (monthly) |
|
How do I apply for a CIMB credit card?
Credit card applications can be made online on Ringgitplus!
All you have to do is compare all the CIMB credit cards and apply online.
Some of the best CIMB credit cards in Malaysia 2024:
For big overseas spenders, the CIMB Visa Infinite offers 5x points on every RM1 overseas retail and dining spending and 1x points on local retail spending.
You also get 8x complimentary access to Plaza Premium Lounges each year, travel assistance, and complimentary travel insurance.
Best of all, the CIMB Visa Infinite is free for life!
This is CIMB’s best cashback card for rebates on cinema, groceries, petrol, mobile, and utility bills via standing instruction.
You get up to RM30 cashback per month at a rate of either 5% for spending RM3,000 and above or 2% for expenditures below RM3,000.
You also get 2% cashback on foreign currency spends capped up to RM30 with no minimum spend – as well as unlimited 0.2% cashback on all other retail or online spending!
If you’re a frequent Petronas user, you should consider getting this petrol cashback card as it can save you up to RM50 per month.
Petronas spend of RM3,000 and above in a month will entitle you to 7% cashback whereas expenditure below RM3,000 will get you 3% cashback.
You also get 0.2% unlimited cashback on all other retail spends when you spend any amount each month.
Recently awarded the 'Best Credit Card for Affluent Clients' by The Digital Bankers - Digital Banking Innovation Awards 2023, this exquisite travel credit card rewards you with 10x Bonus Points on every spending made on airlines, overseas and duty-free shopping.
Collect as many Bonus Points as you can and you may redeem them with selected airline and hotel chain partners of CIMB such as the prestigious Emirates, Japan Airlines, Marriott Bonvoy and many others!
Among other travel perks you get are 12x complimentary access to Plaza Premium First and Plaza Premium Lounge worldwide, and free travel insurance coverage worth up to USD500,000, just to name a few.
