Cashback credit cards are popular among Malaysians, used correctly they are a great way to save money. CIMB Cash Rebate Platinum MasterCard is a heavyweight in this category, offering cardholders up to 10% cashback on a wide range of categories.
No Annual Fee
You don't have to pay an annual fee for a lifetime. All you have to pay for is the compulsory government service tax, but that can be easily offset by swiping your CIMB Cash Rebate Platinum MasterCard and take advantage of the attractive cashback rates.
If you've been scratching your head thinking of how to save on your expenses, you can easily by-pass your worries with CIMB Cash Rebate Platinum MasterCard, offering you a world of cash rebate with just a swipe!
Unlike most of the cashback credit cards in the Malaysian market currently, CIMB Cash Rebate Platinum MasterCard has the broadest cashback categories for a multitude of transactions. Below are the categories, with each having unique cashback amount and transaction:
|Cashback Amount||Cashback Category||Transaction Descriptions|
|10%||Monthly Interest Charged||Extremely beneficial for those languishing over their credit card outstanding balance as this cashback has no capping and will be used toward payment of the finance charges only|
|5%||Cinema, Petrol, Groceries, Mobile and Utility Bill Payment (via Standing Instruction)||Applicable when your Statement Balance hits RM3,000 and above, including any outstanding balances which are carried forward from the previous months' statement, plus new transactions made in the current month! (capped at RM30 per month) |
|2%||Cinema, Petrol, Groceries, Mobile and Utility Bill Payment (via Standing Instruction)||For Statement Balance of up to RM2,999, including any outstanding balances which are carried forward from the previous months' statement, plus new transactions made in the current month! (capped at RM30 per month)|
|2%||Foreign Currency Spend||A new category allowing CIMB credit cardholders to maximize overseas spending! Stash your cash away and swipe your Cash Rebate Platinum MasterCard instead (capped at RM30 per month)|
|0.2%||Other Retail or Online Spend||Earn unlimited cashback for all purchases under this category!|
Special 'Finance Charges' Cash Rebates
You know how it goes - you think you can run away from your credit card outstanding balance forever, but that's dangerous! You'll have to pay interest charges which can really wreck your finances if not put under control.
With the CIMB Cash Rebate Platinum MasterCard, you will be able to earn 10% cash rebate on these interest charges and it will be reflected in your monthly statement. This rebate will be used to pay only for your interest charges and there is no capping on how much you can earn.
Line of Credits
There are more than just cashback with CIMB Cash Rebate Platinum MasterCard if you know how to fully utilize it. Whether you are aware or not, this cashback credit card can serve as your credit lifeline in times of needs via 3 unique line of credits:
- CIMB Balance Transfer Plan
- CIMB 0% Easy Pay
- CIMB CashLite