Looking for the best cashback credit card for groceries shopping in Malaysia? CIMB Tesco Platinum MasterCard has the answer for you.
No Annual Fee
You can enjoy all the benefits from CIMB Tesco Platinum MasterCard at zero cost. The annual fees for principal and supplementary cards are waived for life with no condition.
Up to 5% Cashback
Head down to the nearest Tesco hypermarket to stock up your kitchen supplies and earn up to 5% cashback when you pay with CIMB Tesco Platinum MasterCard. How it works? Keep reading to find out.
For all spends worth RM3,000 and above with your CIMB Tesco Platinum MasterCard, you will definitely get 5% cashback from the amount spent. If you spend any amount up to RM3,000 at Tesco, you will earn 2% cashback, with the maximum cashback capped at RM50 per month.
Put simply, if your closing statement balance for the current month is RM3,100, you will receive a cash rebate worth RM155 in the form of 5% cashback. You will see the cashback earned for the current month to be reflected in your next billing cycle as 'Tesco Cash Rebate'.
That's not all the savings you can enjoy with CIMB Tesco Platinum MasterCard; you can earn unlimited Tesco Clubcard Points too!
Free Tesco Clubcard
Only applicable to brand new Tesco Clubcard subscriber, who previously did not own any Tesco Clubcard membership. You can be part of the many benefits of being a Tesco Clubcard member such as Tesco Discount Voucher and more privileges and discounts with Tesco's participating merchants.
The principal cardholder can redeem complimentary Tesco Clubcard by presenting the original copy of welcome letter of CIMB Tesco Platinum MasterCard. The supplementary cardholders are not entitled to complimentary Tesco Clubcard.
For those who have already owned a Tesco Clubcard, all you need to do is sign up for CIMB Tesco Platinum MasterCard as you could earn extra Tesco Clubcard Points when you swipe with your CIMB credit card.
Bear in mind that you have to update your Tesco Clubcard account with CIMB to avoid any discrepancies regarding Tesco Clubcard Points earned.
Extra Tesco Clubcard Points
With CIMB Tesco Platinum MasterCard, you can double, triple or quadruple your Tesco Clubcard Points and redeem Tesco Discount Vouchers faster. It's simple: for every RM2 spent at Tesco and Tesco Extra nationwide, you will earn 1x extra Clubcard Points.
That's not all, you can also collect extra Tesco Clubcard Points on all retail spending locally and overseas outside of Tesco too. The Tesco Clubcard Point you will earn is calculated as every RM4 spent is equivalent to 1x extra Tesco Clubcard Point.
CIMB will transfer your Tesco Clubcard Points on the 29th of every month. You can expect the transaction records to be updated in 14 working days for your reference.
Line of Credits
CIMB Tesco Platinum MasterCard does not only awards you with cashback and Tesco Clubcard Points every time you swipe at Tesco, but also serves as your credit lifeline in times of needs via 3 unique line of credits:
- CIMB Balance Transfer Plan
- CIMB 0% Easy Pay
- CIMB CashLite