Types of CIMB Credit Cards in Singapore
CIMB, Commerce International Merchant Bankers, is a banking institution in Southeast Asia (and Singapore) founded in 1924 as Bian Chiang Bank and later becoming CIMB. It has its headquarters in Kuala Lumpur, Malaysia, with branches and offices spread across Southeast Asia and Singapore. CIMB Singapore is a subsidiary of CIMB Group, established in 2009. It renders services such as retail banking, insurance, digital banking, commercial banking, corporate banking as well as investment banking. Other products offered by CIMB Singapore include savings accounts, current accounts, fixed deposit, credit cards, and loans. There are various types of CIMB credit cards in Singapore, which we will talk about in this article.
CIMB credit cards are highly versatile, providing an array of benefits and rewards. Whether you’re aiming for air miles, cash back, or grocery discounts, you can be confident in finding a card that suits your needs.
Types of CIMB Credit Cards In Singapore
Here are four credit cards offered to CIMB customers in Singapore.
1. CIMB Visa Signature
Features & Benefits:
- 10% cashback – Enjoy 10% cashback – one of the highest cashback credit card, with min. monthly spend requirement of S$800 on:
- Online Shopping
- Groceries
- Beauty & Wellness
- Pet Shops & Veterinary Services
- Cruises
- Unlimited 0.2% cashback – Enjoy unlimited 0.2% cashback on other retail purchases with no minimum spend or monthly cap with the CIMB Visa Signature credit card
- CIMB Deals & Discounts
- Free for life – No annual fees
- Enjoy the convenience and freedom of owning a CIMB Credit Card with no annual fees, ever
- Supplementary Cards are free
- Complimentary travel insurance of up to S$500,000 – Charge your full travel fares to your CIMB Visa Signature card and automatically get travel insurance coverage of up to S$500,000 for you and your family. You will even get covered for little travel inconveniences like baggage and flight delays.
- Visa Signature Concierge
- Transit with ease with SimplyGo
- Flexi-payment with CIMB 0% i.Pay Plan – Keep your finances in check by converting your big ticket purchases to CIMB 0% i.Pay Plan, where you will enjoy interest-free repayments over a period of up to 24 months
- Fuss-free cash with CIMB CashLite Personal Instalment Loan
- Convert your credit limit to cash with CIMB Balance Transfer
- Easy access to cash with Cash Advance
Eligibility:
- Min. annual income (Singaporean/Singapore PR): S$30,000
- Applicants who do not meet the minimum income requirement can submit a minimum Fixed Deposit Collateral of S$10,000
- Principal: 21 – 70 years old
- Supplementary: Min. 18 years old
2. CIMB World Mastercard™
Features & Benefits:
- 2% Unlimited Cashback – Get up to 2% unlimited cashback on eligible merchant categories and 1% unlimited cashback on other spend
- Mastercard® Southeast Asia Golf Program – Enjoy 50% off green fees at 42 prestigious golf courses across the region.
- New – Mastercard Travel Rewards
- Mastercard Travel Pass Provided by Dragonpass
- CIMB Deals & Discounts
- Transit with ease with SimplyGo
- Free for life – No annual fees
- Free supplementary cards
- Flexi-payment with CIMB 0% i.Pay Plan
- Fuss-free cash with CIMB CashLite Personal Instalment Loan
- Convert your credit limit to cash with CIMB Balance Transfer
- Get extra cash with CIMB Cash Advance
Eligibility:
- Min. annual income (Singaporean/Singapore PR): S$30,000
- Applicants who do not meet the minimum income requirement can submit a minimum Fixed Deposit Collateral of S$10,000
- Principal: 21 – 70 years old
- Supplementary: Min. 18 years old
3. CIMB Visa Infinite
Features & Benefits:
- Unlimited 2% cashback – Spend just S$2,000 within a statement month using your CIMB Visa Infinite Credit Card and enjoy unlimited 2% cashback on the following transactions:
- Travel Spend (i.e. transactions made in hotels, airline and travel agency bookings)
- Overseas Spend
- Online Spend in Foreign Currencies
- Unlimited 1% cashback on all other spend – Get rewarded with unlimited 1% cashback from the first dollar on other retail purchases.
- Complimentary access to airport lounges
- Complimentary travel insurance of up to S$1 million
- Visa Infinite Concierge
- CIMB Deals & Discounts
- Free for life – No annual fees
- Free supplementary cards
- Flexi-payment with CIMB 0% i.Pay Plan
- Fuss-free cash with CIMB CashLite Personal Instalment Loan
- Convert your credit limit to cash with CIMB Balance Transfer
- Get extra cash with CIMB Cash Advance
Eligibility:
- Min. annual income (Singaporean/Singapore PR): S$120,000
- Applicants who do not meet the minimum income requirement can submit a minimum Fixed Deposit Collateral of S$50,000
- Principal: 21 – 70 years old
- Supplementary: Min. 18 years old
4. IMB AWSM Card
Features & Benefits:
- Unlimited 1% cashback on Dining & Entertainment, Online Shopping and all things Telco
- Mastercard Travel Rewards
- CIMB Deals & Discounts
- Exclusive Mastercard privileges
- Free for life – No annual fees ever
- Transit with ease with SimplyGo
- Easy access to cash with Cash Advance
Eligibility:
- Card for Students & NSFs – Enjoy unlimited 1% cashback on Dining & Entertainment, Online Shopping and all things Telco!
- Applicant must not be an existing CIMB Credit Cardmember
- Applicant must be a Singaporean or Singapore PR
- Min. annual income (for Salaried Employees):
- For ages below 35: Annual income of S$18,000
- For ages 35 -70: Annual income of S$30,000
- For Students and NSFs
- Age: 18 to 29 years old
Applying for any of the types of CIMB credit cards in Singapore is easy as A-B-C. Simply visit the CIMB Singapore website, explore the various credit card options, and apply for the one that suits you best.
0 comments