What is the CIMB Debit Mastercard?
The CIMB Debit Mastercard is an everyday spending card. It works by connecting directly to your CIMB Savings Account or Current Account.
This allows you to use your own money for shopping, online purchases, and overseas transactions, making your day-to-day spending safer and much more convenient than using cash.
Frequently Asked Questions (FAQ)
1. What are the benefits of the CIMB Debit Mastercard?
The card provides an easy and flexible way to manage your money every day.
- Worldwide Acceptance: You can use the card to shop at millions of places worldwide that accept Mastercard. This includes making online purchases.
- Contactless Payments: You can complete payments quickly and easily by simply tapping the card for transactions up to RM250. This is known as the contactless payment feature.
- Cash Access: You can access your funds by making cash withdrawals at any CIMB ATM, or any ATM worldwide that accepts Mastercard.
- Usage Control: You have the flexibility to manage your card's limits. You can easily change your limits for cash withdrawal, spending, and contactless payments through the CIMB OCTO App, CIMB Clicks, or a CIMB ATM.
- Toll Payments: The card is accepted for toll payments on selected highways across Malaysia.
- eWallet Top-Up: You can top up your Touch 'n Go eWallet and GrabPay Wallet using the card with no extra charge.
2. What are the fees and charges I have to pay?
The CIMB Debit Mastercard has a one-off Issuance Fee of RM15.00 when you first get the card. Starting from the second year, an Annual Fee of RM15.00 will be charged every year. For cash access, withdrawals made at any CIMB ATM in Malaysia are free. But if you are using other banks' ATMs via the MEPS Network costs RM1.00 per transaction, and withdrawing cash overseas through the Mastercard network costs RM10.00 per transaction.
3. Who can apply for the CIMB Debit Mastercard?
To apply for the card, you must be:
- An individual aged 12 years and above.
- Holding a CIMB Bank Current Account or Savings Account.
If the applicant is aged between 12 and 18, a parent or legal guardian must be present to sign the necessary indemnity letter for the card to be issued.
How can I apply for a CIMB Debit Mastercard?
The process is very straightforward:
- Open an Account: You must first have a valid CIMB Savings Account or Current Account.
- Apply for the Card: Once you have the account, you can apply for the debit card. The easiest way is to visit any CIMB branch, where the card can often be issued immediately.
