As someone who can’t compromise on lifestyle needs, you know how important it is to have the right credit card. A card that offers unique benefits and privileges not only helps in making your lifestyle choices easier and more affordable, but also helps you sustain them. CIMB offers some of the most lifestyle-friendly cards in Singapore. These cards – CIMB Platinum Mastercard and CIMB World Mastercard – come with a variety of privileges that make them quite attractive.
CIMB lifestyle cards are designed keeping in mind your unique lifestyle requirements. So, if you know your lifestyle needs, choosing the right card won’t be tough. Whether you like to take a session of spa to rejuvenate, or just need to play a game of golf, CIMB lifestyle cards have got you covered. What makes these two cards even more attractive is that there is no annual fee.
Here are the list of CIMB Credit Cards for lifestyle category:
Features and benefits
Cash rebate: CIMB Platinum Mastercard offers 10% cash rebate (you can earn maximum S$60 per month) on travel, wellness, health, and beauty transactions. To be eligible to earn a cash rebate of 10%, you need to spend at least S$500 in a month, including at least eight transactions of S$30 or more. Once you reach the S$60 cap, you will earn a cash rebate of 0.2% on all expenses (no monthly cap).
Foreign currency transaction fee: With this card, you will be saved from paying the bank’s admin fee on payments made in a foreign currency. So, if shopping at a foreign destination is on your list, this is the card to go for.
Cross-border regional deals: The card lets you enjoy attractive discounts at over 1,000 merchants across markets including Singapore, Malaysia, Indonesia, and Thailand.
Golf privileges: If you like to indulge in golf to relax and unwind, then CIMB World MasterCard is for you. The card lets you enjoy your favourite sport at some of the most popular golf courses across Singapore, Thailand, Indonesia, Malaysia, Vietnam, Cambodia, and Philippines, without paying any green fees.
Cross-border rewards: If you are a traveller, having this card will let you enjoy discounts at over 1,000 retail, lifestyle, and dining outlets throughout Southeast Asian nations.
Offers for your taste buds: The card makes eating out even more delicious with discounts of up to 50% at various gourmet dining outlets across Singapore.
Cash rebates: The card lets you earn a cash rebate of 1% on all local and overseas transactions. There is no limitation on how much cash rebate you can earn in a month.
Travel insurance: When you book your travel tickets using this card, you won’t have to worry about buying a travel insurance policy separately. CIMB World Mastercard automatically provides travel insurance for you and family, if you book your tickets using the card.
Fees and charges
||Fees and charges
|Annual fee for the CIMB Platinum Mastercard
|Annual fee for the CIMB World MasterCard
|Cash advance fee
||S$15 or 6% of the withdrawn amount, whichever is higher
|Interest charged on cash advance
|Late payment fee
|Over limit fee
||S$50 or 5% of the excess amount, whichever is higher
|Foreign currency transaction fee
||1% of the transacted amount
|Dynamic Currency Conversion fee
- For principal card, you should be at least 21 years old.
- For supplementary card, you should be minimum 18 years old.
- For Singaporeans or Singapore PRs (below 55 years of age), the minimum annual income should be S$30,000. Those aged 55 and above are required to have an annual income of at least S$15,000.
- Individuals who are not able to satisfy the income criteria can also apply for the card by submitting a fixed deposit pledge of at least S$10,000.
- Salaried individuals:
- Copy of NRIC
- Latest computerised salary slip
- Latest 12-month statement of CPF contributions/most recent Income Tax Bill
- Self-employed individuals:
- Copy of NRIC
- Tax Bill sent by the IRAS for last two years
- Bank statement for the last three months
- Individuals with variable income:
- Copy of NRIC
- Tax Bill sent by the IRAS for last two years/last 12 months’ CPF statement
How to apply
You can apply for a CIMB Lifestyle Credit Card online easily. All you have to do is fill out your personal information, submit a declaration, upload the required documents, and confirm your details. CIMB promises same-day approval if you submit your completed application form and supporting documents before 12:00 p.m., from Monday through Friday. You can also choose to have the bank contact you for application work. Just leave your contact details on the website.
How to cancel
To cancel your CIMB Lifestyle Card, you can call the CIMB credit card hotline at any time of the day. You can also visit any nearest branch of the bank to raise your card cancellation request. Before your card is cancelled, make sure there are no outstanding dues. Upon cancellation, it’s best to properly dispose of the card to avoid any misuse.