CIMB Visa Infinite Credit Card
The credit card provides infinite cashback. Cardholders can avail limitless cashback on all retail expenses locally and overseas and also avail 2 complimentary access vouchers to the Plaza Premium Airport lounge every year.
CIMB Visa Infinite Credit Card Benefits
The CIMB Visa Infinite Card as the name suggests is a card that provides a never ending benefit of cashback. The cash rebates provided by this card is limitless and the card offers cashback at the rate of 1% on all overseas retail expenses for a receipt of any amount. The card also offers cashback at the rate of 0.5% for local retail expenses with a receipt amount of RM 1 and above. The cashback offered in both cases are uncapped. The cardholder is granted access to the CIMB Travel Desk which provides deals on travel and hotel arrangements and personalized packages. Cardholders can even earn up to 50% discount for 2 dinners when dining at select participating outlets.
CIMB Visa Infinite Credit Card Features
The features of the CIMB Visa Infinite Card are as follows
- The interest rate charged on this card is 15% p.a.
- The card has a 20 day interest free period.
- The card has an Easy payment that converts large retail purchases into smaller affordable instalments.
- The card has a Balance transfer plan for amounts starting from RM 1000.
- This primary and supplementary cards have no annual fees.
- The minimum monthly payment to be made is RM 50 or 5% of the outstanding amount.
- The card has a cash withdrawal fee of the higher of RM 15.90 or 5.3% of the cash withdrawn. Cash withdrawal limit for daily basis is RM 5000. Withdrawals attract an interest rate of 18% p.a.
- Cardholders can avail cash advances or cash loans on their available credit limit through CIMB CashLite service.
- Late payment penalty is 1% of the outstanding amount capped to a maximum of RM 100.
CIMB Visa Infinite Credit Requirements or Eligibility
The eligibility criteria to apply for the CIMB Visa Infinite Card are as follows
- The minimum age of primary cardholder is 21 years of age
- The minimum age of supplementary cardholder is 18 years of age
- The minimum annual income required to apply for this card is RM 150,000
- Only employed(Salaried or self-employed) Malaysians can apply for this card
Other Credit Cards Offered by This Bank
The other credit cards offered by CIMB are
- CIMB Visa Signature
- CIMB Enrich World Card
- CIMB Platinum Business Card
- CIMB Enrich Platinum Card
- CIMB World MasterCard
- CIMB Cash Rebate Platinum
- CIMB Cash Rebate Gold
- CIMB Petronas Platinum
- CIMB Enrich Gold
Balance Transfer Plan by CIMB Visa Infinite Credit Card
The CIMB Visa Infinite Card offers a balance transfer plan for a minimum amount starting from RM 1000 with tenures of 6 months with an interest rate of 5.99% p.a. or 12 months with an interest rate of 7.99% p.a.
CIMB Visa Infinite Credit Card Review
Apart from offering unlimited cashback, the card also cuts down on other charges such as annual fees and helps cardholders to maximize their savings. The travel benefits include 2 complimentary passes to Plaza Premium Lounge for the first year. In order to receive these passes in the subsequent years, the cardholder is required to spend RM 100,000 a year. The travel desk has a team of professionals to provide the cardholder with excellent service and deliver personalised travel packages and assist in planning vacations. Dining discounts range from 20% to 50% depending on number of diners the cardholder brings along.