The CIMB PETRONAS Platinum Credit Card offers many privileges and benefits such as cash rebates and discounts to the cardholders. The cashback of up to 7% is provided on petrol purchase and other retail spending by the cardholder.
Features of the CIMB PETRONAS Platinum Credit Card
The card comes with an annual fee waiver for life. It is applicable to both principal as well as supplementary cards.
The card offers up to 7% cashback on petrol and 0.2% cash rebates other retail purchases.
The card provides easy plans and value-added services to the cardholder helping to make his finances easier to manage. The plans include CIMB 0% Easy Pay, CIMB CashLite, CIMB Balance Transfer Plan etc.
The card offers occasional promotional discounts and deals at CARs International, Lim Tayar of up to 60% and gives dining and shopping privileges with participating merchants.
Benefits of CIMB PETRONAS Platinum Credit Card
The card offers an interest-free period of 20 days to all cardholders.
The perks a cardholder can get on the card include: 7% rebate with the statement balance of RM3,000 and above, 3% rebate on statement balance of less than RM3,000 and 0.2% uncapped rebate on all other retail purchases made by the cardholder.
The CIMB Balance Transfer Plan starts from 0.5% per month for tenures ranging from 6 to 36 months.
0% Easy Pay plan allows interest-free instalments for up to 36 months on the purchases made at the participating merchants.
A cardholder can get a Touch n’ Go Zing card which is auto-reloadable and is linked with the credit card.
Through CashLite, a credit cardholder can get easy cash from available credit limit and he/she can pay it back with convenient instalments starting at RM29.07 per month.
The principal card applicant must be minimum 21 years old.
The supplementary card applicant should not be less than 18 years old.
Minimum annual income of the cardholder must be RM24,000.
Fees and Charges
Annual Fee – Principal Card
Waived for life
Annual Fee – Supplementary Card
Waived for life
Finance Charges (Retail Purchases)
15% p.a. to 18% p.a.
Finance Charges(Cash Advance)
1.5% per month or 18% p.a.
Cash Advance Fee
A minimum of RM15.19 or 5% of amount advanced (whichever is higher)
Late Payment Charges
1% of the outstanding amount or minimum RM10 (whichever is higher) up to a maximum of RM100
Overseas Transaction Fee
The conversion charges will be decided by MasterCard International or Visa International and additionally 1% administrative cost imposed by the bank
Interest Free Period
Card Replacement Fee
RM10 (for first card) & RM50 (for each subsequent card replacement)