The CIMB World MasterCard Credit Card is a card catering to the avid traveller. The card not only offers exciting travel perks and benefits such as a complimentary travel insurance or higher Bonus Points on overseas spend but also comes with global recognition and worldwide acceptance making it an ideal travel companion.
Features of CIMB World MasterCard Credit Card
The annual fee of the card is waived.
The card offers an auto-reload facility for the Touch n’ Go Zing Card. The Zing card is automatically reloaded when its balance starts running low with the balance being charged to the CIMB World MasterCard.
Cardholders get access to personalised assistance services such as a dedicated CIMB Premier Travel Desk, access to the Mastercard global service, and access to WORLD Mastercard concierge service that offers personalised assistance 24 hours a day.
The card earns Bonus Points on every expense charged to it which can be redeemed for a wide range of exciting gifts.
Benefits of CIMB World MasterCard Credit Card
The cardholder can earn Bonus Points on every expense charged to the card. The card earns 1 Bonus Point for every RM1 charged locally and 2 Bonus Points for every RM1 charged to it overseas. The Bonus Points earned can be redeemed for exclusive gifts from the members’ catalogue.
The cardholders receive a free travel insurance with a cover of up to RM1 million when they charge the entire airfare to the card.
Cardholders get complimentary green fees up to 4 times per year per club at leading golf resorts in Malaysia, Singapore, Vietnam, Philippines, and Thailand.
Applicants must meet the following criteria to avail this card:
The minimum age of the principal cardholder must be 21 years of age.
The minimum age of the supplementary cardholder must be 18 years.
The minimum annual income required for this card is RM90,000.
Fees and charges
Annual fees – Principal card
Annual fees – Supplementary card
Minimum monthly repayment
The higher of 5% of the outstanding balance or RM50.
Finance charge on purchases
Cardholders who make prompt minimum payments for 12 consecutive months are charged 15% p.a. Cardholders who make 10 or more payments on time in a 12-month period are charged 17% p.a. and cardholders who do not belong to either category are charged 18% p.a.
Finance charge on cash advance
A fee of 1% imposed by Visa/MasterCard International on transactions made overseas. The transactions carried out overseas are converted into Malaysian Ringgit using an applicable exchange rate determined by Visa/MasterCard International.
Cash withdrawal fee
The higher of RM15.90 or 5% of the amount withdrawn.
Late payment charges
The higher of 1% of the outstanding balance or RM10 with the fee being capped to RM100.
Card replacement fee
RM10 for first instance & RM50 for subsequent replacements.