CIMB Enrich World Elite Master Credit Card
The CIMB Enrich MasterCard is a card that offers great travel benefits and is designed for the frequent traveller. Not only does it offer access to some of the leading airport lounges, it also assists in priority bookings along with providing air miles and a personalized concierge service. The features and benefits of the card are as follows
Features of the CIMB Enrich World Elite MasterCard
- The minimum age to avail this card is 21 years as at last birthday.
- The minimum annual income required to avail this card is RM 250,000
- The annual fees for the primary credit card is RM 1288
- The annual fees for the supplementary credit card is RM 288
- The annual fee is waived 100% if the cardholder charges more than RM 1 Million to the card.
- The annual fee is waived by 50% if the expenses charged to the card range between RM 500,000 to RM 1 Million. The fees will not be waived if expenses charged amount to below RM 500,000
- The finance charges is 15% p.a. for those cardholders who have made timely payments for 12 consecutive months.
- The finance charges is 17% p.a. for those cardholders who have made timely payments for 10 consecutive months in a 12 month cycle.
- The finance charges is 18% p.a. for those cardholders who do not fall in the above categories.
- The cash advance fee is 5% of the amount withdrawn or RM 15.20, whichever is higher and is charged per transaction.
- The minimum monthly payment to be made is 5% of the outstanding amount or RM 50 whichever is higher.
- The late payment penalty is 1% of the outstanding amount capped to a maximum of RM 100
- The interest free period of the card is 20 days.
- The card charges RM 10 for replacement for the first time. Subsequent replacements will be charged at RM 50
Benefits of the CIMB Enrich MasterCard
Airport Lounge access:
Cardholders can avail unlimited complimentary access to the Malaysia Airlines Golden Lounge located both domestically and internationally.
Cardholders can also avail a free Touch-N-Go Zing card that can be used to make contactless payments at enabled terminals. Cardholders simply need to tap their card at the enabled terminal to charge the expense onto the card.
With this card, cardholders will be made aware of exciting offers on air travel from Malaysia Airlines 4 hours before it is announced to the public.
Cardholders can avail complimentary green fees up to 4 times a year across some of the leading golf establishments located regionally in countries such as Malaysia, Singapore, Indonesia and Thailand.
Cardholders are given access to a 24 hour concierge service that assists cardholders with travel information and entertainment planning. The concierge service is open round the clock and round the year.
Air Miles Reward Program:
The cardholder can earn bonus miles on every expense charged to the card. The card earns 2 bonus miles for the equivalent of one Ringgit spent overseas in foreign currency. The card earns 1 bonus mile for every RM 2 spent on local retail expenses. These bonus miles have a validity of 3 years and can be exchanged for Enrich Miles at the rate of 1000 Bonus miles for 1000 Enrich miles. Cardholders can even earn bonus miles while booking airfare. For airfare booked on malaysiaairlines.com, the card earns 1 bonus mile for every RM 1 spent on the online transactions. Bonus miles earned is capped to 150,000 miles per year depending on the card anniversary.
Cardholders can also take advantage of a limited period promotional offer which grants 10,000 bonus miles upon approval of the card. This promotional offer is valid only till 30th June 2016.