This Ujrah concept Islamic credit card from CIMB earns reward points on every expense charged that can be redeemed for exciting gifts and even discounts from over 500 participating merchant outlets.
The CIMB Islamic UKM MasterCard Is an Islamic concept credit card that is designed for everyday use. The card earns reward points on every expense charged to it. All retail expenses, whether it is local or overseas earns points. The card earns 1 reward point for every RM 1 spent on retail expenses. These reward points have an expiry date of 3 years after which any unused points will be void. These points can be redeemed for exciting gifts ranging from health and lifestyle to kitchen appliances. The card also comes packed with features such as balance transfer plans, cash advances and easy payment plans.
The features of the CIMB Islamic UKM MasterCard are as follows
The eligibility criteria to apply for the CIMB Islamic UKM MasterCard are as follows
The other credit cards offered by CIMB Islamic are
The CIMB Islamic UKM MasterCard offers a balance transfer plan for cardholders to consolidate outstanding credit card dues and manage their finances effectively. Under this plan, the minimum amount that can be transferred is RM 1000 and the available tenures are 6 months at an interest rate of 5.99% p.a. and 12 months at an interest rate of 7.99% p.a.
The card allows cardholders to save more by waiving annual fees. The free for life card earns reward points on every expenses that can be redeemed for the latest home appliances. The Islamic card also does not charge an APR but charges YFC or yearly facilities charge. This YFC of RM 7200 need not be paid upfront by the cardholder and if the cardholder repays outstanding credit card dues in full, the YFC charge is waived.