CIMB Preferred Visa Infinite Credit Card
The CIMB Preferred Visa INFINITE credit card is an exclusive offering from CIMB as it also doubles up as the CIMB Preferred Recognition Card which allows the member to a full range of unparalleled privileges and benefits which can be utilized across Malaysia and across ASEAN region.
Features of CIMB Preferred Visa Infinite Credit Card
- Credit Limit: Not mentioned.
- Monthly Fees: Annual and monthly fees waived off.
- Minimum Monthly Bill Payment: 5% of the outstanding balance or a minimum of RM 50 whichever is higher.
- Finance Charges for Retail Transaction:
- 1.25% per month or 15% per annum if you have promptly settled your minimum payment due for 12 consecutive months
- 1.42% per month or 17% per annum if you have promptly settled your minimum payment due for at least 10 months in a 12-month cycle.
- 1.50% per month of 18% per annum if your payment record is not within either (a) or (b) above.
Finance Charges for Cash Transactions:
- 1.5% per month or 18% per annum calculated on daily rest basis from transaction date to the date it is settled in full.
Interest-Free Period: Full payment on previous statement balance:
- Get interest-free period of 20 days for all new retail transactions from statement date.
Partial or minimum payment on previous statement balance:
- No interest-free period.
- A finance charge will be levied on your unpaid outstanding balance and all new transactions from the date the transactions are posted.
- Conversion Rate: This is the amount chosen by MasterCard International or VISA International along with a 1% administrative as well as any transaction fee that may be charged by MasterCard International or Visa International.
- Cash Advance Fee: The cash advance fee is 5% of the amount advanced or a minimum of RM 15.90, whichever is higher. This is imposed for each cash advance transaction.
- Card Replacement Fees: 1st time – RM10, Subsequent – RM50
Benefits of CIMB Preferred Visa Infinite Credit Card
The following are the main benefits of this credit card:
Priority and recognition service, instantly:
Access at over CIMB Preferred centres across the ASEAN region, exclusively and also CIMB Bank branches that are in Malaysia.
Exchange Rates that your prefer:
You get to use preferential foreign exchange rates @ CIMB Bank Bureau de Change in Malaysia.
Bonus Points for Card Usage:
The usage of the card allows you to earn 1 bonus point for every RM1 spent in Malaysia and 2 bonus points for every RM1 spent overseas.
Unlimited Airport Lounge Access:
You get to enjoy unlimited access without any charges for up to 4 times per annum at all Plaza Premium Lounges in the country Malaysia. The complimentary access is also available at The Green Market, Singapore Changi International Airport and some other airport lounges across the ASEAN region
Exclusive Customer Service for Card holders:
Enjoy dedicated travel assistance for all your travel needs with CIMB Premier Travel Desk.
CIMB Preferred Visa Infinite Credit Cards Rewards
Visa INFINITE Privileges (by Visa International)
Card holders can enjoy exclusive dining, shopping and travel privileges around the globe provided by Visa International.
Visa INFINITE Concierge Services
Card holders can use exclusive concierge services for all their personal needs no matter where they are. Visa INFINITE concierge services are accessible by calling Visa INFINITE Customer Centre (VICC) at a toll free number.
Cardholders can enjoy exclusive dining privileges at Starwood Hotels and Resorts, all at an exclusive 35% off. Valid until 31 May 2016.
Fine Dining privileges
You get to make the most of exclusive fine dining privileges through CIMB’s hotel partners participating for the offers provided by CIMB cards in Malaysia, Singapore and Indonesia. The list of these participating hotels and restaurants are made available for reference on the bank website.
The discounted offers include:
- 2 diners - 50% discount for 2 diners
- 3 diners - 33% discount for 3 diners
- 4 diners - 25% discount for 4 diners, and
- 5 diners or more - 20% discount discount for 5 diners
CIMB Shopping & Dining Privileges
This credit card offers you special shopping privileges which can be viewed on the bank website or on our reward page for the dedicated credit card.