Best CIMB Credit Cards in Malaysia

CIMB credit cards are one of the options in Malaysia to enhance your financial experience. With a wide range of options, there will be one that is tailored to your lifestyle and spending habits.

But do you know which card is best for you? We will be exploring the best CIMB credit cards available in Malaysia and discussing the features of each card.

Best CIMB Credit Cards in Malaysia

1. CIMB Travel Platinum

Features & Benefits

• Earn up to 5% bonus points for overseas spending, airlines and duty-free shopping.
• Earn up to 2% bonus points for local spending.
• Earn 1% bonus points for local education, utilities, and insurance.
• Earn up to 4X complimentary access to participating Plaza Premium Lounge in Malaysia & abroad. (1 complimentary access quarterly with a minimum spend of RM3,000 every quarter)
• 2X Grab airport transfer to/from selected airports in Malaysia. Subjected to a minimum spend of RM3,000 quarterly.
• Traver insurance coverage up to RM1 million.

Eligibility

• Applicants are required to have a minimum of RM24,000 for their annual income.
• Applicants must be at least 21 years old and 18 years old is required for supplementary cardholders.

Fees & Charges

• No annual fee
• An RM25 of sales and services tax will be charged upon activation and anniversary dates.
• Cardholders are required to pay RM50 or 5% of the outstanding amount for minimum payment. The amount paid is based on whichever is higher.
• For any late payment, cardholders are required to pay RM10 or 1% of the outstanding payment. Maximum up to RM100.
• For cash withdrawal, there will be a charge of a RM15 or 5% of the outstanding amount, whichever is higher.
• The Interest rate will be 18% yearly.

2. CIMB Cash Rebate Platinum

Features & Benefits

• Earn up to 5% cash rebates on cinemas, groceries, petrol, mobiles and utilities.
• Earn up to 0.2% bonus points for retail shopping and online spending.
• Up to RM1 million travel insurance coverage.

Eligibility

• Applicants are required to have a minimum of RM24,000 for their annual income.
• Applicants must be at least 21 years old and 18 years old is required for supplementary cardholders.

Fees & Charges

• No annual fee
• An RM25 of sales and services tax will be charged upon activation and anniversary dates.
• Cardholders are required to pay RM50 or 5% of the outstanding amount for minimum payment. The amount paid is based on whichever is higher.
• For any late payment, cardholders are required to pay RM10 or 1% of the outstanding payment. Maximum up to RM100.
• For cash withdrawal, there will be a charge of a RM15 or 5% of the outstanding amount, whichever is higher.
• The Interest rate will be 18% yearly.

3. CIMB Petronas Platinum Mastercard

Features & Benefits

• Earn up to 7% cash rebate with Setel transactions at any Petronas station nationwide with the Setel app. 
• Up to RM1 million travel insurance coverage.

Eligibility

• Applicants are required to have a minimum of RM24,000 for their annual income.
• Applicants must be at least 21 years old and 18 years old is required for supplementary cardholders.

Fees & Charges

• No annual fee
• An RM25 of sales and services tax will be charged upon activation and anniversary dates.
• Cardholders are required to pay RM50 or 5% of the outstanding amount for minimum payment. The amount paid is based on whichever is higher.
• For any late payment, cardholders are required to pay RM10 or 1% of the outstanding payment. Maximum up to RM100.
• For cash withdrawal, there will be a charge of a RM15 or 5% of the outstanding amount, whichever is higher.
• The Interest rate will be 18% yearly.

4. CIMB Visa Signature

Features & Benefits

• Earn up to 2% for spending overseas.
• Earn up to 1% for spending locally.
• Enjoy up to 12X complimentary access to Plaza Premium Lounges worldwide. (3x quarterly with a minimum spend of RM6,000)
• Travel insurance coverage up to RM1 million.
• Travel medical coverage up to USD100,000

Eligibility

• Applicants are required to have a minimum of RM100,000 for their annual income.
• Applicants must be at least 21 years old and 18 years old is required for supplementary cardholders.

Fees & Charges

• No annual fee
• An RM25 of sales and services tax will be charged upon activation and anniversary dates.
• Cardholders are required to pay RM50 or 5% of the outstanding amount for minimum payment. The amount paid is based on whichever is higher.
• For any late payment, cardholders are required to pay RM10 or 1% of the outstanding payment. Maximum up to RM100.
• For cash withdrawal, there will be a charge of a RM15 or 5% of the outstanding amount, whichever is higher.
• The Interest rate will be 18% yearly.

5. CIMB Travel World Credit Card

Features & Benefits

• Earn up to 8% bonus points for spending overseas, airlines, and duty-free stores.
• Earn up to 2% for spending locally.
• Earn up to 1% for spending on local education, insurance and utilities
• Enjoy up to 2X complimentary access to Plaza Premium Lounges worldwide.

Eligibility

• Applicants are required to have a minimum of RM60,000 for their annual income.
• Applicants must be at least 21 years old and 18 years old is required for supplementary cardholders.

Fees & Charges

• The annual fee is RM554.72. Subsequent years will be waived if spending RM120,000 yearly, and 50% is waived when spending above RM60,000.
• An RM25 of sales and services tax will be charged upon activation and anniversary dates.
• Cardholders are required to pay RM50 or 5% of the outstanding amount for minimum payment. The amount paid is based on whichever is higher.
• For any late payment, cardholders are required to pay RM10 or 1% of the outstanding payment. Maximum up to RM100.
• For cash withdrawal, there will be a charge of a RM15 or 5% of the outstanding amount, whichever is higher.
• The Interest rate will be 18% yearly.

CIMB Credit Card Promotion and Bonuses

It is exciting to save some money as you spend through promotion.

If you love to travel, you can travel to many places with CIMB bonus points. CIMB has 12 airline partners where you can exchange your points to sit any of the 12 airline partners.

Need to pay in instalments? If so, subscribe to CIMB 0% easy pay if you are CIMB credit card holder. Enjoy 0% monthly instalments up to 36 months with any participating merchant outlets.

CIMB also has many limited-time offers. Look out for their latest deals to enjoy their promotions.

Benefits of Using CIMB Bank Credit Cards

CIMB credit card promotion and CIMB credit card rewards are the benefits for all of us to choose CIMB credit card because CIMB Bank provides a number of credit cards with various features and rewards. These cards are designed to meet a variety of demands and lifestyles, with features such as cashback, travel rewards, meal discounts, and partner advantages. Here is a summary of some of the primary advantages of using CIMB Bank credit cards:

Maximise Your Savings with CIMB Cashback Credit Cards

The CIMB Cash Rebate Platinum MasterCard is one of several credit cards available from CIMB that are suited to specific requirements. This card offers discounts on a variety of expenses such as movies, groceries, gas and eating. The CIMB Petronas Platinum credit card, which provides cashback on Petronas purchases, is another CIMB credit card that delivers cashback. These cards are part of CIMB’s extensive portfolio, which also includes travel rewards, extra points, and other benefits.

The CIMB Cash Rebate Platinum Credit Card, for instance, offers an enhanced benefit of a 12% cash rebate on weekend dining without any minimum spend requirement. This makes it an attractive option for those who frequently dine out on weekends. However, it is essential to note that the cash rebate for weekend dining is capped at RM30 per cardholder per cycle until a specified date.

In addition to cashback, CIMB credit cards also come with other benefits, such as wide acceptance, rewards, and redemption for goods, travel, or payments. Some cards also offer additional features such as lounge access, insurance, and exclusive privileges.

CIMB Rewards Bonus Points for CIMB Credit Card

CIMB Rewards Bonus Points is a rewards programme available to CIMB credit cardholders. When you use your CIMB credit card to make a purchase, you earn Bonus Points, which can be redeemed for miles, vouchers, gifts, or even Pay With Points on certain cards. CIMB Travel Credit Cards, for example, such as the Travel World Elite, Travel World, and Travel Platinum Credit Cards, offer swift flight redemption as well as the best conversion rate of 400 BP = RM1.

CIMB Balance Transfer Plan for CIMB Credit Card

Financial difficulties are an inevitable part of life, and CIMB is here to assist with its Balance Transfer Plan for CIMB credit cardholders. This plan, offered as part of the CIMB credit card promotion, is intended to help you manage your debt more effectively by allowing you to transfer outstanding amounts from other banks’ credit cards to your CIMB credit card at lower interest rates.

The plan has several advantages, including lower interest rates, variable payback terms, debt consolidation, no upfront fee, and a simple application process. Consolidating your debt allows you to more easily manage and track your repayments, which is critical in achieving financial freedom.

The CIMB Balance Transfer Plan application process is easy and can be completed online or at a CIMB location. First, make sure you are eligible for the balance transfer and choose a repayment period that is appropriate for your financial condition. Following approval of your application, the outstanding balance from your other credit cards will be transferred to your CIMB credit card, and you can begin making monthly repayments depending on the specified duration.

Effortless Shopping with CIMB 0% Easy Pay Instalment Plan

The CIMB 0% Easy Pay Instalment Plan is an excellent feature included with the CIMB credit card promotion. This arrangement enables CIMB credit cardholders to divide their retail expenditures into manageable monthly instalments at 0% interest.

It’s ideal for those big-ticket products you’ve been eyeing because it lets you spread the expense out over time, making it more cheap and doable. The plan is available at partnering stores and has various payback terms ranging from 3 to 36 months. There are also no processing fees or hidden costs, making it a really cost-effective solution to control your spending.

It is simple to apply for the CIMB 0% Easy Pay Instalment Plan. Simply use your CIMB credit card to make a purchase at a participating merchant, and then convert the transaction into monthly instalments using CIMB Clicks or by phoning the CIMB customer service hotline.

It’s that simple! However, while the instalment plan might help you manage your spending, it is critical that you use your CIMB credit card carefully and only buy what you can afford to repay. This allows you to reap the benefits of the instalment plan while keeping a healthy financial situation.

Unlock Financial Flexibility with CIMB CashLite

CIMB CashLite is a useful service for CIMB credit cardholders. You can use this service to convert your available credit limit into cash with customisable repayment arrangements. It’s a wonderful alternative for unexpected needs or when you need some extra cash to help you manage your finances better.

The CIMB CashLite has a fixed interest rate, which means your monthly payments will be the same throughout the term, making it easy to budget. Furthermore, because this feature is part of the CIMB credit card promotion, you can enjoy cheaper interest rates when compared to other kinds of borrowing.

It is simple to apply for CIMB CashLite. You can apply through the bank’s online banking platform, CIMB Clicks, or by phoning the CIMB customer service hotline. The monies will be credited immediately into your selected bank account once approved. While CIMB CashLite can give financial assistance, it is critical to use this function carefully. To prevent any additional charges, choose a payback term that fits your financial condition and make timely payments.

How to Apply for a CIMB Bank Credit Card?

Choosing the right CIMB credit card for your needs is a crucial decision, but once you’ve made that decision, the application procedure is simple. We will walk you through the CIMB credit card application procedure.

Eligibility Criteria: What You Need to Know Before Applying

Step-by-Step Guide to the Application Process

To speed up your CIMB credit card application, prepare the general documents you want, such as the ones listed below.

After Your Application: Approval Process and Receiving Your Card

Once you have submitted your CIMB credit card application, the bank will begin the review process. This includes confirming the information you gave, evaluating your credit history, and analysing your credit management abilities. The bank will typically process your application within 7-10 business days. This can, however, fluctuate based on the volume of applications received by the bank.

Checking Application Status

After submitting your application, you can check your CIMB credit card application status online by going to the CIMB website and entering your application reference number. You can also phone the CIMB credit card hotline to check about the progress of your application.

Approval Notification

If your application is approved, you will be notified by SMS or email. This notification will include information about your credit limit as well as any other vital information about your new CIMB credit card.

Receiving Your Card

Your new CIMB credit card will be mailed to the address you provided in your application after it has been authorised. To avoid delays, it is critical that your address be correct and up to date. For security concerns, the card will be shipped inactive.

Activating Your Card

You must activate your new card before you can begin using it. This is normally accomplished using CIMB Clicks, the bank’s online banking platform, or by calling the CIMB credit card hotline. During the activation procedure, you will be required to create a PIN for your card.

Setting Up Online Banking

If you haven’t already done so, sign up for CIMB Clicks now. You will be able to manage your CIMB credit card online, check your balance, make payments, and do other things.

Conclusion: Find the Right CIMB Credit Card for Your Needs

With the comparison above, you will find one card that suits your needs. Always understand your spending habits before applying for one. You can make every cent count when you find the right credit card and maximize the benefits.

The CIMB credit card is one of Malaysia’s most popular financial tools, offering a variety of incentives ranging from cashback and rewards to dining and travel perks. We are here to provide extensive comparisons and deep insights into the features, fees, and benefits of CIMB credit cards, making it easy for potential cardholders to select the card that best meets their lifestyle and financial needs. Furthermore, CIMB works with partners such as PETRONAS to provide specialised cards with market-leading cash rebates and unique perks, boosting the value and experience of its cardholders

If you’re interested on finding other best credit cards, you can visit our Best Credit Card in Malaysia page.

Frequently Asked Questions

**Disclaimer

This content is given for general informational purposes only and should not be construed as financial or legal advice. While we make every effort to deliver accurate and up-to-date information, we make no guarantees or representations on the completeness, accuracy, or reliability of any material supplied. CIMB credit card terms and conditions, including any incentives, are subject to change at the bank’s discretion. As a result, for the most current and personalised financial advice, it is best to speak directly with CIMB or a trained financial counsellor. Any information supplied here is used entirely at your own risk.