Best CIMB Credit Cards 2019

CIMB’s credit cards represent some of the most value-oriented products in Singapore, and they don’t pull punches in terms of rewards. CIMB offers a number of cards that have neither annual fee nor complications, making them the cheapest credit cards to use in Singapore. Here, we drill down on what makes CIMB’s credit cards brilliant and who may find them appropriate for their circumstances.

Table of Contents

CIMB Visa Signature Card: Highest Cashback on Dining, Grocery & Online Spend

Consider this if you want a specialised dining credit card without an annual fee

Annual Income Requirement Singaporean & Singapore PR: S$30,000. Singaporean & Singapore PR, aged 55 years and above: S$15,000. Applicants who do not meet the minimum income requirement can submit a minimum Fixed Deposit Collateral of S$10,000
Foreigner Income Requirement N/A

CIMB Visa Signature Card is one of the best no-fee cashback cards on the market for food and online spend. Cardholders earn 10% cashback on dining, groceries and online retail locally and overseas, after just S$600 minimum spend. Not only are these some of the highest rates in Singapore, they are also comparably accessible–other dining cards require S$800+ in monthly spend to access higher cashback rates.

CIMB Visa Signature Card also empowers great earning potential. Consumers can earn at 10% rates up to S$100/month–or up to an incredible S$1,200 a year. In addition, cardholders never pay an annual fee, so earning cashback is maintenance-free.

While general spend earns just 0.2% cashback, cardholders can pair CIMB Visa Signature Card with a complementary card to earn at higher rates in multiple categories. For example, CIMB Platinum MasterCard is also no-fee, and offers 10% cashback on travel, health & wellness, transport and petrol. Whether as a complement or standing alone, CIMB Visa Signature Card is an excellent way to maximise cashback on food and online spend without having to pay a fee.

Highlights

  • No annual fee
  • Up to 10% cashback on dining, groceries & online spend (up to S$100/mo)
  • Unlimited 0.2% cashback on other things
  • Free travel insurance & Visa Signature Concierge
  • e-Commerce purchase protection
  • CIMB 0% i.Pay Plan (0% interest instalment plan where purchases earn cashback)
  • Read Our Full Review

CIMB Platinum MasterCard Credit Card: Highest Rebate on Travel, Transport, Health & Beauty

Consider this if you want a specialised rebate credit card for health, beauty, transport and travel

Annual Income Requirement Singaporean & Singapore PR: S$30,000. Singaporean & Singapore PR, aged 55 years and above: S$15,000. Applicants who do not meet the minimum income requirement can submit a minimum Fixed Deposit Collateral of S$10,000
Foreigner Income Requirement N/A

Consumers with high spend on travel, transport, petrol, and health & wellness should definitely consider CIMB Platinum MasterCard, which offers 10% cashback on spend in these categories and doesn't charge an annual fee. Whether driving to work or travelling across the world, cardholders earn on everything from taxis and trains to travel agencies and airlines. In addition, consumers earn both on health expenses–hospitals, nursing facilities, doctors and more–as well as personal pampering–hairdressers, massage parlours, and spas, for example.

CIMB Platinum MasterCard offers great coverage with its rewards categories, and consumers can earn up to S$100/month after a S$600 minimum spend. While general spend earns just 0.2% cashback, CIMB Platinum MasterCard is also a great candidate for pairing with a complementary card because it doesn't have an annual fee. Consumers who spend S$1,200+/month might consider additionally applying to CIMB Visa Signature Card. However, CIMB Platinum MasterCard is still a great option for maximising cashback on its own.

Highlights

  • No annual fee
  • Up to 10% cashback on travel, transport & petrol, beauty & wellness (up to S$100/mo)
  • Unlimited 0.2% cashback on other things
  • e-Commerce purchase protection
  • CIMB 0% i.Pay Plan (0% interest instalment plan where purchases earn cashback)
  • Read Our Full Review

CIMB Visa Infinite Card: No-Fee Cashback Card for Travel

Consider this if you want a no fee cashback card for travelling

Annual Income Requirement Singaporean & Singapore PR: S$120,000 . Applicants who do not meet the minimum requirement can submit a minimum Fixed Deposit Collateral of S$50,000
Foreigner Income Requirement N/A

Frequent travellers looking for maintenance-free cashback may be interested in the no-fee CIMB Visa Infinite Card. Cardholders earn unlimited 1% cashback on general spend with no minimum requirement, and 2% on travel and overseas spend after S$2,000 spend. This card is great for consumers who prefer rebates to miles, and who don't want to keep track of earning caps by category.

CIMB Visa Infinite Card is not a typical travel card, but it offers a few perks and privileges most travellers would find attractive. Cardholders receive 3 complimentary lounge visits per year, as well as free travel insurance. And, even though there's a S$120,000 salary requirement, affluent consumers are the most likely to benefit from the card's unlimited earning potential anyways. For high-spending travellers looking for straightforward cashback without an annual fee, CIMB Visa Infinite Card is an excellent option.

Highlights

  • No annual fee
  • Unlimited 2% cashback on travel & overseas spend (with S$2,000/mo spend)
  • Unlimited 1% cashback on other things
  • 3 Free lounge visits per year
  • Free travel insurance & Visa Infinite Concierge
  • CIMB 0% i.Pay Plan (0% interest instalment plan where purchases earn cashback)
  • Read Our Full Review

CIMB World MasterCard Credit Card: No-Fee Credit Card for Golfers

Consider this if you want a free credit card with golf benefits

Annual Income Requirement Singaporean & Singapore PR: S$50,000. Applicants who do not meet the minimum requirement can submit a minimum Fixed Deposit Collateral of S$50,000
Foreigner Income Requirement N/A

CIMB World MasterCard Credit Card is an excellent no-fee card for affluent golfers with high leisure spend. Cardholders earn unlimited 1.5% cashback on general spend and 2% on wine and dine, entertainment, recreation, automobile, and duty-free stores spend–locally and overseas–with no minimum requirement. In addition, consumers receive complimentary green-fees at 40 fairways across 7 countries in SE Asia and discounted access to airport lounges worldwide.

Consumers with high leisure spend are most likely to benefit from CIMB World MasterCard's unlimited earning potential and rewards for spend at bars, lounges, country clubs, and the like. However, there is no annual fee, so lower spenders interested primarily in golfing privileges may still benefit greatly from CIMB World MasterCard.

Highlights

  • No annual fee
  • No minimum spend requirement
  • Unlimited 2% cashback on wine and dine, entertainment, recreation, automobile & duty-free stores spend
  • Unlimited 1.5% cashback on other things
  • Waived green fees at 40 golf clubs in SE Asia
  • Discounted airport lounge access
  • Free travel insurance
  • e-Commerce purchase protection
  • CIMB 0% i.Pay Plan (0% interest instalment plan where purchases earn cashback)
  • Read Our Full Review

Lowest Income Requirement for Young Adults: CIMB AWSM Card

CIMB AWSM Card
CIMB AWSM Card

Consider this if you earn S$18,000 and S$30,000 per year and are below the age of 35

Annual Income Requirement S$0.0 for Students & NSFs (age 18-29); S$18,000 for salaried employees age below 35; S$30,000 for age above 35
Foreigner Income Requirement N/A

For young adults or first time employees with very little income (i.e. S$18,000 to S$30,000), CIMB AWSM Card could be the best credit card to get. First, it is the only card that is available for salaried employees who make less than S$30,000 per year. Furthermore, its 1% rebate on dining, entertainment, online shopping and telco bills is quite generous and nicely fits the spending pattern of most young adults age under 35.

Highlights

  • Annual fee: 1% rebate on dining, entertainment, online shopping & telco
  • S$500 credit limit
  • No cap on rebates
  • Read Our Full Review

Compare the Best CIMB Credit Cards

In case you want a quick look at our picks, here are ValueChampion's best CIMB credit cards.

Best CIMB CardsSummaryAnnual Fee
CIMB Visa Signature10% cash rebate on dining, grocery, & online spendS$0.0
CIMB Platinum MasterCard10% rebate on travel, transport & petrol, health & beautyS$0.0
CIMB Visa Infinite Card1% cashback in SG, 2% on travel & overseasS$0.0
CIMB World MasterCardUp to 2% cashback, complimentary golf green feesS$0.0
Best CIMB CardsSummaryAnnual Fee
CIMB Visa Signature10% cash rebate on dining, grocery, & online spendS$0.0
CIMB Platinum MasterCard10% rebate on travel, transport & petrol, health & beautyS$0.0
CIMB Visa Infinite Card1% cashback in SG, 2% on travel & overseasS$0.0
CIMB World MasterCardUp to 2% cashback, complimentary golf green feesS$0.0

Similar cards from other banks to consider

Below, we have evaluated pros and cons of each card in relation to its competitors from other banks. We also show how much one can earn or save by using a certain card over a 2-year period. By adding up the cashback, mile awards and promotions that you can earn with each card, we can give you an idea of which CIMB credit card is the best for your circumstances. Do note, however, that your choice depends heavily on your individual spending habits and reward preferences, so you should make sure to read our credit card reviews that we've prepared.

A chart comparing actual value of CIMB credit cards against cards from other banks in Singapore
A Graph Comparing 2-Year Dollar Value of CIMB Cards to Cards from Other Banks

CIMB Visa Signature Card vs Citi Cashback Card

Both CIMB Visa Signature Card and Citi Cashback Card reward spend on dining and groceries, but CIMB Visa Signature Card offers a higher rewards rate (10% v. 8%) and has a lower minimum spend requirement (S$600 v. S$888). In addition, CIMB Visa Signature doesn't charge an annual fee, while Citi Cashback Card charges S$192.6 annually. However, consumers looking for transport and petrol benefits may prefer Citi Cashback Card, which offers 8% cashback on Grab rides and up to 20.88% fuel savings at Esso & Shell. CIMB Visa Signature rewards online spend, but doesn't offer any special petrol savings.

CIMB Visa Signature Card vs UOB Delight

UOB Delight Card
UOB Delight Card

UOB Delight caters specifically to consumers who stay in and cook at home rather than dine out. Cardholders earn 8% rebate for spend at Cold Storage, Market Place, Jasons, Giant and Guardian, and up to 10% discount off house brands at these outlets. Cardholders also enjoy 3% rebates on contactless transactions and recurring bills, in addition to savings through the UOB SMART$ Rebate Programme. However, while rebates can potentially stack to 17% for groceries, consumers must spend at least S$800/month to access these rates and can only earn S$50/month. CIMB Visa Signature Card is a great alternative because grocery spend earns 10% cashback after just S$600 minimum spend, and consumers can earn up to S$100/month without even paying a card fee.

*ValueChampion calculates the dollar value of rewards based on S$2,000 of monthly spending. We sum the value of points, miles and cashback in dollar terms and subtract the annual fee over a 24-month period. The estimates here are ValueChampion's alone, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

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