The CIMB Platinum Business Card is a professional business credit card designed exclusively for the business class professionals. The card also provides shopping privileges and exclusive dining offers to the cardholders.
Features of CIMB Platinum BusinessCard Credit Card
The credit card provides 0.5% monthly cash rebate for the cardholder’s all retail transactions, excluding petrol.
This is a professional business card that gives recognition to the cardholder with his/her company name mentioned on it.
The cardholder receives two monthly statements for the expenses done through the credit card. One summary statement is sent to the company and other individual statement is sent to the cardholder. This way, tracking of the expenses becomes easier.
Easy payment Plan (up to 36 months of interest- free instalment payments) and Balance Transfer Plan (with zero processing fee) is available for the cardholder with this credit card.
Benefits of the CIMB Platinum BusinessCard
The card provides complimentary travel insurance with up to RM1,00,000 coverage.
The card frequently offers many discounts and deals at the shops and restaurants listed with it.
The cardholder can get a cashback of up to 0.5% on each of his transactions with the card starting at minimum RM10.
The card offers a complimentary ‘Touch N Go Zing Card’ that helps the cardholders in making contactless payments while being on-the-go.
The cardholder can enjoy a 20 –day interest free period.
An auto payment (Autopay Service) is available with the credit card.
Both the principle and supplementary cards come with an annual fee waiver for life.
The credit card is obtained by invitation basis and the cardholder must be an employee at a business firm to get it.
Minimum age of the principle cardholder should be 21 years.
Age of the supplementary cardholder should be of minimum 18 years.
Fees and Charges
Annual Fee – Principal Card
Annual Fee - Supplementary Card
Late Payment Fee
1% of the total outstanding balance or minimum of RM10, whichever is higher between the two (capped at maximum of RM100)
Cash Advance Charges
RM15.90 or 5% of withdrawn amount, whichever is higher amongst the two
Balance Transfer Fee
Over Limit Fee
Minimum Monthly Repayment
Whichever is higher between RM50 or 5% of outstanding balance
Minimum Credit Limit
Interest Rate on Cash Withdrawal
Overseas transaction conversion Rate
As decided by MasterCard International plus an administrative cost of 1% plus, any transaction fee charged by MasterCard International
Sales draft retrieval copy
RM15 per copy
Copy Statement Fee
RM5.30 per monthly statement
Dishonoured cheque fee
Card Replacement Fee
RM10 (for the first time) & RM50 (for subsequent times)