Let’s all be sincere and admit that CIMB isn’t precisely essentially the most glamorous financial institution on the market, particularly on the subject of bank cards meant to impress individuals.
However we don’t care, as a result of we imagine bank cards must be used for his or her perks, and to not make up for a scarcity of beautiful attractiveness. And CIMB occurs to have some fairly enticing choices — particularly as their bank cards don’t have any annual charges, ever.
Greatest CIMB bank cards in Singapore 2020
Nicely, truly CIMB solely has 5 bank cards, of which 1 is a brilliant excessive degree playing cards for extremely excessive earners, and 1 is for college students.
Of the remaining 3 “common” bank cards, there’s the CIMB Visa Signature, CIMB Platinum Mastercard and CIMB World Mastercard. CIMB not too long ago revised the phrases & situations for the primary two, so all the cashback classes and T&Cs on this article are up to date to mirror the brand new modifications (which might be efficient 5 Jun 2019).
Let’s take a look at what the 5 CIMB bank cards are like:
| CIMB bank card | Min. annual revenue | Key advantages |
| CIMB Visa Signature Card | $30,000 | 10% cashback on magnificence & wellness, groceries, on-line spending, pet retailers & veterinary providers, cruises |
| CIMB Platinum Mastercard | $30,000 | 10% cashback on eating & leisure, journey in overseas forex, well being & medical payments, petrol, taxis/Seize, electronics & furnishings |
| CIMB World Mastercard | $50,000 | 1.5% to 2% limitless cashback with no min. spend |
| CIMB Visa Infinite | $120,000 | 2% limitless cashback on journey & abroad spend, 1% limitless cashback on all different spending |
| CIMB AWSM Card | $18,000 (none for college students/NSFs) | 1% cashback on eating, leisure, on-line procuring, telco |
CIMB Visa Signature – 10% cashback for groceries, on-line, magnificence & wellness
The CIMB Visa Signature Card was once one of the stable cashback bank cards on the market, however efficient 5 Jun 2019, it’s simply meh.
You get a whopping 10% money again on 5 bonus classes, however apart from groceries, on-line spending and wonder & wellness, the remainder are fairly area of interest (pet-related bills and cruises).
Magnificence & wellness: All native and abroad transactions made in any respect private care shops and pharmacies (assume Guardian, Watsons and Unity), beauty shops (excluding department shops) and hair salons. It additionally consists of therapeutic massage parlours and spas.
Groceries: All native and abroad transactions made in supermarkets. On-line groceries transactions e.g. RedMart are labeled as Groceries spending, not On-line.
On-line spending: All on-line retail transactions. Excludes insurance coverage, utilities, payments to authorities our bodies, EZ-Hyperlink and the opposite customary exclusions.
Pet retailers & veterinary providers: Consists of all native and abroad transactions made in any respect pet retailers and at veterinary clinics.
Cruise: Consists of all native and abroad transactions made for cruise bookings.
There’s a minimal spending requirement of $800, which can be arduous for some to hit as a result of they not supply bonus money again for eating and leisure.
Whole cashback is capped at $100 per thirty days, however $20 per class. Meaning you possibly can spend as much as $200 per class; past that, you earn the 0.2% base cashback fee.
See the total assessment of the CIMB Visa Signature Card right here.
Key options:
- 10% money rebate on magnificence & wellness
- 10% money rebate on on-line spending
- 10% money rebate on groceries
- 10% money rebate at pet retailers and on veterinary providers
- 10% money rebate on cruise bookings
- To qualify for 10% money rebate, spend a minimum of $800 in a month
- Cashback capped at $20 per class
- Whole cashback cap $100 per thirty days
Important data:
- Revenue requirement: $30,000
- Annual charge: None
CIMB Platinum Mastercard – 10% cashback on eating, leisure, petrol
The primary profit provided by the CIMB World Mastercard is the limitless 1.5% rebate on retail spending with no minimal spending requirement. For sure classes like wining and eating, leisure, vehicles and obligation free shops, this goes as much as 2%.
This bank card used to have a minimal revenue requirement of $120,000 a 12 months, but it surely’s been revised to $50,000 a 12 months not too long ago. That places it effectively inside attain of many working adults in Singapore.
When you qualify for this card, it’s fairly a horny backup bank card to have readily available for main purchases. Alternatively, you possibly can join this earlier than an enormous splurge, corresponding to an enormous vacation or wedding ceremony banquet, which might simply burst the cap on most different cashback playing cards.
There are additionally a number of different perks, like 50% off inexperienced charges at golf programs round Southeast Asia and some eating offers.
Key options:
- Limitless 1.5% money rebate on all spending domestically and abroad
- Limitless 2% money rebate on wining & eating, leisure, recreation, vehicle and obligation free shops
- 50% off inexperienced charges at golf programs in Singapore Malaysia, Indonesia, Thailand, Cambodia, Philippines, Vietnam, Taiwan, Hong Kong and Korea
- Reductions at chosen eating places
- Complimentary journey insurance coverage protection of as much as $1,000,000 whenever you cost your full journey fare
Important data:
- Revenue requirement: $50,000
- Annual charge: None
CIMB Visa Infinite – privilege card for precedence bankers
The CIMB Visa Infinite isn’t an possibility except you could have an annual revenue of a minimum of $120,000.
When you haven’t stopped studying but, this card is especially there as a privileges card for wealthy individuals. It provides airport lounge passes, a concierge service and reductions at a number of eating and retail institutions.
You additionally get limitless 2% cashback in your journey, abroad and overseas forex spending, which is sweet however comes with a $2,000 minimal spending requirement and may be topped by many different playing cards on the market.
All different spending will get 1% cashback with no cap.
Key options:
- 2% rebate on journey spending, abroad spending and on-line spending in overseas forex
- Minimal spending requirement of $2,000 a month to qualify for bonus journey cashback
- 1% rebate on different retail spending
- 3 complimentary airport lounge visits at DragonPass lounges worldwide
- Reductions at eating, retail and way of life companions worldwide
Important data:
- Revenue requirement: $120,000
- Annual charge: None
CIMB AWSM Card – scholar bank card with 1% cashback
When you can overlook the cringe-inducing, hyperbolic identify (“Superior”, geddit?), CIMB’s scholar bank card isn’t too dangerous.
For college kids and NSFs aged 18 to 29, there’s no revenue requirement. When you’re a working grownup below 35, you may as well get this card with an $18,000 annual wage, which is considerably lower than the same old $30,000 too.
It offers you 1% cashback on eating, leisure, on-line procuring and telco payments, with no minimal spend and no cap.
Key options:
- 1% money rebate on eating & leisure
- 1% money rebate on on-line procuring
- 1% money rebate on telco funds
- No minimal spend
- No cashback cap
Important data:
- Revenue requirement: None for college students or NSFs / $18,000 for working adults below 35 / $30,000 for all others
- Annual charge: None
CIMB bank card promotions in Singapore
Apart from the sign-up incentives (which change fairly often; verify the CIMB MoneySmart bank card itemizing for the most recent offers), CIMB is at present having fairly a horny promotion for his or her cashback playing cards.
CIMB bank card referral promotion (legitimate until 31 Mar 2020)
Every time you refer a brand new cardmember for the CIMB Platinum Mastercard, Visa Signature, World Mastercard or Visa Infinite playing cards, you’ll obtain $50 money again. For every CIMB AWSM Card referral, you’ll get to earn a $10 Seize voucher code.
To qualify, your buddy might want to fill in your full identify and NRIC throughout software. Learn extra phrases and situations on CIMB’s official promotion web page.
CIMB credit score cardholder perks
Along with the above-mentioned “welcome” reductions, there are perks at chosen retailers for current cardholders to profit from their playing cards.
{The catalogue} modifications infrequently. You’ll be able to take a look at the most recent offers on the CIMB Offers web page.
What’s your favorite CIMB bank card? Share your suggestions within the feedback!
Associated Articles
11 Greatest Cashback Credit score Playing cards in Singapore (2021)
7 Greatest Air Miles Credit score Playing cards in Singapore (2021)
7 Greatest Credit score Playing cards for On-line Procuring in Singapore (2021)
