Overview of CIMB Credit Cards in Malaysia
From cashback and rewards points to dining and travel, CIMB has a credit card for your needs and benefits. Find out more about CIMB’s credit cards and see what each one has to offer you.
Why choose CIMB Credit Card?
CIMB’s complete range of cards means that there is a CIMB Malaysia credit card for everyone. Whether it’s a CIMB card for cashback and rebates, a CIMB travel credit card, or a rewards card, there are definitely benefits that 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!
CIMB Credit Card Benefits:
1. CIMB Cashback Cards
Cashback is a general favourite when it comes to credit card benefits. 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! Just swipe your CIMB card and get a portion of your money back each month!
For cash rebates on cinema, groceries, petrol, mobile, and utilities every month, get the CIMB Cash Rebate Platinum MasterCard. Get 5% cash back capped at RM30 on these categories when you spend from RM3,000 and above in a month. For expenditure below that, you can get 2% cashback. And for foreign spend, you get 2% 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 spend when you spend RM3,000 and above on your CIMB Petronas Platinum credit card and 3% for spending up to RM2,999. Cashback is capped at RM50 for petrol and you get 0.2% unlimited cashback on another retail spend.
Don’t forget the CIMB Tesco Platinum MasterCard that gets you up to 5% cashback on Tesco spend, in addition to extra 1x Tesco Clubcard Points.
2. CIMB Rewards Points
Want to make sure that your expenditure doesn’t go unrewarded? 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 airmiles, spend your Bonus Points the way you want to. The CIMB Platinum Visa or MasterCard is a good place to start if you’re looking for a reward credit card, with 1 Bonus Point for every RM1 spent on retail expenditure.
Meanwhile, frequent travellers can consider collecting CIMB Bonus Miles to convert to Enrich Miles. The CIMB Enrich World MasterCard and CIMB Enrich World Elite MasterCard will give you Bonus Miles on local and overseas spend as well as exclusive travel benefits like golf privileges, lounge access, and complimentary insurance coverage.
3. 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 to 67% on your credit card interest payments by transferring your outstanding credit card balance to a CIMB credit card. With flexible monthly repayments, CIMB Balance Transfer saves you more money, and cures your headaches.
CIMB Balance Transfer allows you to use part of your credit limit on your CIMB 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 credit card limit.
4. CIMB 0% Easy Pay
Enjoy interest-free installment and flexibility in your repayment 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 repayments tenure of 12, 24, or 36 months and pay 0% interest.
5. CIMB CashLite
CIMB CashLite is a value-added service for CIMB's principal credit cardholders seeking extra cash in hand through the convenient 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 CashLite 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 to money as soon as possible. Pick up your phone and dial 03 6204 7788 anytime between 9:30am to 6:30pm on weekdays to request for 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 tenor: 12, 24, 36 or 48 months.
What are the interest rates for CIMB credit cards?
CIMB has a tiered interest rate in a range of 15% - 18% per annum. The interest rate charged will commonly be higher should you have a history of inconsistent repayments and lower interest rate 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. Monthly repayments will have to be made on the stipulated due date.
Failing to do so may result to late payment charge of a minimum of RM10 or 1% of 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 21 – 65 years old, while the supplementary cardholder is to be at least 18 years old. Minimum annual income differs from card to card.
How do I apply for a CIMB credit card?
Credit card application can be made online on Ringgitplus! All you have to do is to compare all the CIMB cards and apply.
Here are some of the best CIMB credit cards you can choose:
CIMB Enrich World MasterCard
Here’s a travel credit card that gives you access to MAS golden lounge, Enrich Miles conversions, exclusive golf privileges and complimentary insurance coverage. The CIMB Enrich World MasterCard gives you 1 Bonus Mile Point on every RM1 spent on overseas retail and 1 Bonus Mile Point on every RM3 local retail spend. It also entitles you to travel insurance up to RM1 million, 8x access to MAS golden lounge, and 4x tee-off at your favourite golf courses for a truly exclusive travel lifestyle!
CIMB Visa Infinite
For big overseas spenders, the CIMB Visa Infinite offers 1% uncapped cashback rate on overseas retail spends and 0.5% uncapped cashback rate on local retail spends. As long as you spend RM1 and above, that cashback is yours! You also get 2x 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!
CIMB Cash Rebate Platinum MasterCard
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 expenditure 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 spend!
CIMB Petronas Platinum-i Credit Card
If you’re a frequent Petronas user, you should really 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.
Enrich World Elite MasterCard
Here’s a swanky invitation-only credit card that ensures you get noticed when you travel! Earn 2 Bonus Points on every RM1 spent on overseas retail spends, 6 points on overseas transactions, 1 point on local spend, and for the foodies out there, you get to earn 7 points on every RM1 spent on local dining. Besides travel insurance, you also get unlimited access to participating Plaza Premium Lounges across the region and preferential foreign exchange rates!