Best CIMB Credit Cards 2022

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.

  • CIMB Visa Infinite: Unlimited 2% cashback on travel, overseas and online spend in foreign currencies
  • CIMB World MC: Unlimited 2% cashback on wine and dine, food delivery, entertainment, taxi & automobile, luxury goods and 50% off green fees
  • CIMB Visa Signature: 10% cashback on online shopping, groceries, beauty and wellness, pet shops and cruises
  • CIMB AWSM: Unltd 1% rebate on dining, entertainment & more for students

Compare Best CIMB Credit Cards by Dollar Value

Based on an average monthly spend of S$2,000, we analysed the best CIMB credit cards on the market to estimate returned value-to-consumer after 2 years, accounting for rebates and netting out annual fees. As a note, dollar value is heavily dependent on spending habits; intangible benefits (like free travel insurance and airport lounge access) are valuable but difficult to quantify.

A graph displaying how best CIMB credit cards compare to other cards in Singapore in terms of their rewards
Comparing Dollar Value of Best CIMB Cards with Similar Cards from Other Banks
CIMB Visa Infinite:
  • Unlimited 2% cashback on travel, overseas and online spend in foreign currencies
CIMB World MC:
  • Unlimited 2% cashback on wine and dine, food delivery, entertainment, taxi & automobile, luxury goods and 50% off green fees
CIMB Visa Signature:
  • 10% cashback on online shopping, groceries, beauty and wellness, pet shops and cruises
CIMB AWSM:
  • Unltd 1% rebate on dining, entertainment & more for students

Compare Best CIMB Credit Cards by Dollar Value

Based on an average monthly spend of S$2,000, we analysed the best CIMB credit cards on the market to estimate returned value-to-consumer after 2 years, accounting for rebates and netting out annual fees. As a note, dollar value is heavily dependent on spending habits; intangible benefits (like free travel insurance and airport lounge access) are valuable but difficult to quantify.

A graph displaying how best CIMB credit cards compare to other cards in Singapore in terms of their rewards
Comparing Dollar Value of Best CIMB Cards with Similar Cards from Other Banks

CIMB Visa Infinite Card: Unlimited Rebates for Travellers

  • Unlimited 2% cashback on travel, overseas and online spend in foreign currencies
  • Promotions: Receive a ErgoTune Classic (Worth S$399) or S$250 Cash with a min. spend of $988 within 2 months of card approval
  • Promo period: 1 September 2022 to 31 October 2022
  • Read Our Full Review
  • Annual fee: Free
  • Unlimited 2% cashback on all travel expenses & overseas spend
  • Unlimited 1% cashback on all other spend
  • Free travel insurance, 3x lounge access, discounted limo transfers
  • CIMB 0% Interest i.Pay Instalment Plan
High-spending travellers can earn maintenance-free cashback with 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 credit card, but it offers perks and privileges travellers might 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 credit 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.

  • Stand-Out: Unlimited 2% cashback on travel, overseas and online spend in foreign currencies
  • Promotions: Receive a ErgoTune Classic (Worth S$399) or S$250 Cash with a min. spend of $988 within 2 months of card approval
  • Promo period: 1 September 2022 to 31 October 2022
  • Read Our Full Review
  • Annual fee: Free
  • Unlimited 2% cashback on all travel, overseas and online spend in foreign currencies
  • Unlimited 1% cashback on all other spend
  • Free travel insurance, 3x lounge access, discounted limo transfers
  • CIMB 0% Interest i.Pay Instalment Plan
High-spending travellers–especially those who enjoy golfing–can earn maintenance-free cashback with 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 credit card, but it offers perks and privileges travellers might 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 credit 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.

CIMB World MasterCard: Top Rebates for Affluent Socialites

  • Unlimited 2% cashback on wine and dine, food delivery, entertainment, taxi & automobile and luxury goods and 50% off green fees
  • Promotions: Receive a ErgoTune Classic (Worth S$399) or S$250 Cash with a min. spend of $988 within 2 months of card approval
  • Promo period: 1 September 2022 to 31 October 2022
  • Read Our Full Review
  • Annual fee: Free
  • Unlimited 2% cashback on wine & dine (including food deliveries), movies & digital entertainment, taxi & automobile and luxury goods with a minimum monthly spending of S$1,000.
  • Unlimited 1% cashback on all other spend
  • 50% off green fees at select fairways in Asia
  • Access to MasterCard Airport Experiences
  • CIMB 0% Interest i.Pay Instalment Plan
CIMB World MasterCard Credit Card is an excellent no-fee credit card for high spenders with sizeable leisure budgets. Cardholders earn unlimited 1% cashback on general spend and 2% on wine and dine (including food deliveries), movies & digital entertainment, taxi & automobile and luxury goods–with a minimum monthly spending requirement of S$1,000. Perks include access to MasterCard Airport Experiences and 50% off green fees at fairways across Asia. Even better, there's no annual fee, so cardholders never have to worry about added costs.
  • Stand-Out: Unlimited 2% cashback on wine and dine, food delivery, entertainment, taxi & automobile and luxury goods and 50% off green fees
  • Promotions: Receive a ErgoTune Classic (Worth S$399) or S$250 Cash with a min. spend of $988 within 2 months of card approval
  • Promo period: 1 September 2022 to 31 October 2022
  • Read Our Full Review
  • Annual fee: Free
  • Unlimited 2% cashback on wine & dine (including food deliveries), movies & digital entertainment, taxi & automobile and luxury goods
  • Unlimited 1% cashback on all other spend
  • 50% off green fees at select fairways in Asia
  • Access to MasterCard Airport Experiences
  • CIMB 0% Interest i.Pay Instalment Plan
CIMB World MasterCard Credit Card is an excellent no-fee credit card for high spenders with sizeable leisure budgets. Cardholders earn unlimited 1% cashback on general spend and 2% on wine and dine (including food deliveries), movies & digital entertainment, taxi & automobile and luxury goods–with no minimum requirement. Perks include access to MasterCard Airport Experiences and 50% off green fees at fairways across Asia. Even better, there's no annual fee, so cardholders never have to worry about added costs.

CIMB Visa Signature: Cashback on Beauty & Online Spend

  • Up to 10% rebate on online shopping, groceries & more
  • Promotions: Receive a ErgoTune Classic (Worth S$399) or S$250 Cash with a min. spend of $988 within 2 months of card approval
  • Promo period: 1 September 2022 to 31 October 2022
  • Read Our Full Review
  • 10% rebates on groceries, online shopping, beauty, petcare & cruises
  • Free travel insurance of up to S$500,000 & global concierge
  • CIMB 0% Interest i.Pay Instalment Plan
CIMB Visa Signature Card is a great no-fee cashback credit card for those who spend on groceries but also have a discretionary budget. Cardholders earn 10% cashback on beauty, online fashion, petcare, cruise lines and groceries after an S$800 minimum spend. Few credit cards offer elevated rewards for these spend categories, and none approximate this high of a rate. In addition, cardholders can earn up to S$100/month total–which runs to S$1,200/year.


It's worth mentioning, however, that earnings are capped at S$20 per category. This means that, in order to reach the maximum earning potential, cardholders must spend at least S$200/month on each category. Nonetheless, CIMB Visa Signature Card has no annual fee, so there's no need to worry about maintenance and cardholders can still benefit from periodic or irregular spending.

  • Stand-Out: Up to 10% rebate on online shopping, groceries & more
  • Promotions: Receive a ErgoTune Classic (Worth S$399) or S$250 Cash with a min. spend of $988 within 2 months of card approval
  • Promo period: 1 September 2022 to 31 October 2022
  • Read Our Full Review
  • 10% rebates on groceries, online shopping, beauty, petcare & cruises
  • Free travel insurance & global concierge
  • CIMB 0% Interest i.Pay Instalment Plan
CIMB Visa Signature Card is a great no-fee cashback credit card for those who spend on groceries but also have a discretionary budget. Cardholders earn 10% cashback on beauty, online fashion, petcare, cruise lines and groceries after an S$800 minimum spend. Few credit cards offer elevated rewards for these spend categories, and none approximate this high of a rate. In addition, cardholders can earn up to S$100/month total–which runs to S$1,200/year.


It's worth mentioning, however, that earnings are capped at S$20 per category. This means that, in order to reach the maximum earning potential, cardholders must spend at least S$200/month on each category. Nonetheless, CIMB Visa Signature Card has no annual fee, so there's no need to worry about maintenance and cardholders can still benefit from periodic or irregular spending.

CIMB AWSM: Best Rebate for Students

CIMB AWSM Card
CIMB AWSM Card
  • Annual fee: Free
  • Accessible to working adults earning up to S$30,000/year
  • 1% unlimited cashback on dining, entertainment, online shopping & telco
  • No minimum spend requirement
  • Access to CIMB Deals & Discounts
CIMB AWSM Card is one of the best options on the market for students as well as for low-income adults (earning less than S$30,000/year). Cardholders earn an unlimited 1% rebate on a variety of key spend categories: dining, entertainment, online shopping & telco. Even better, there’s no minimum spend requirements and the credit card is free forever. Finally, students also have access to CIMB Deals & Discounts, which offer dining privileges and regional promotions across Singapore, Indonesia & Malaysia.
CIMB AWSM Card
CIMB AWSM Card
  • Annual fee: Free
  • Accessible to working adults earning up to S$30,000/year
  • 1% unlimited cashback on dining, entertainment, online shopping & telco
  • No minimum spend requirement
  • S$500 credit limit
  • Access to CIMB Deals & Discounts
CIMB AWSM Card is one of the best options on the market for students as well as for low-income adults (earning less than S$30,000/year). Cardholders earn an unlimited 1% rebate on a variety of key spend categories: dining, entertainment, online shopping & telco. Even better, there’s no minimum spend requirements and the credit card is free forever. Finally, students also have access to CIMB Deals & Discounts, which offer dining privileges and regional promotions across Singapore, Indonesia & Malaysia.

Learn More About Maximising Your Rewards with CIMB

CIMB Visa Infinite Card v. SC Unlimited Cashback Card

  • 1.5% unlimited cashback w/ no min. spend requirement
  • Annual Fee:S$192.60
  • Promotions: No promotion currently being offered
  • Read Our Full Review
Standard Chartered Unlimited Cashback Card offers cardholders 1.5% flat rebate with no cap on earnings–which is great for high spenders who typically feel constrained by monthly rewards caps. In addition, cardholders enjoy great transport perks: SC Unlimited Cashback Card is SimplyGo functional and offers up to 21.3% fuel savings with Caltex. There’s a S$192.6 fee, waived 2 years.


CIMB Visa Infinite Card offers a lower local rate but a higher overseas rate, making it a better option for travellers. In addition, there’s no annual fee, and cardholders enjoy perks like free travel insurance and airport lounge access. If you want cashback for spend overseas, you’ll earn more with CIMB Visa Infinite Card; if you spend more of your time locally and prefer transport benefits, SC Unlimited Cashback Card may be a better choice for you.

CIMB World MasterCard v. Maybank World MasterCard

  • 2 free green fees/month, access to 100 global fairways
  • Annual Fee:S$240
  • Promotions:
  • Read Our Full Review
Maybank World MasterCard is the best miles-earning credit card on the market for golfers. Cardholders receive 2 free green fees/month at 100 fairways across 19 countries. In addition, every S$1 spend with select dining & retail merchants earns 10 points (4 miles). The annual fee is waived with S$24,000 annual spend.


CIMB World MasterCard, on the other hand, offers cashback rather than miles. It also rewards more categories of spend–though at a lower rate. Cardholders receive access to fewer fairways in a smaller geographic area, but the card is free forever–no need to earn a fee-waiver.

CIMB Platinum MasterCard v. Citi Cash Back Card

  • Up to 8% cashback on groceries & petrol, 6% on dining
  • Annual Fee:S$192.60
  • Promotions: Receive a Dyson Supersonic (worth $649), or Sony WH-1000XM5 (worth $569), or Apple Bundle [AirPods Pro (2nd Gen) + MagSafe Charger] (worth $418) or S$350 cash via PayNow upon activating and spending (min. S$500 spend) within 30 days of card approval
  • No promotion for existing card holders
  • Promo period: 3 October to 16 October 2022
  • Read Our Full Review
Both CIMB Platinum MasterCard and Citi Cashback Card reward spend on dining and petrol, but CIMB Platinum MasterCard offers a higher rewards rate (10% v. 8%) and has a lower minimum spend requirement (S$800 v. S$888). In addition, CIMB Platinum MasterCard doesn't charge an annual fee, while Citi Cashback Card charges S$192.6 annually.


However, CIMB Platinum MasterCard caps categories at just S$20, compared to S$25 with Citi Cash Back Card. This means consumers who spend more than S$200/month on dining and/or on transport may prefer the latter option. Nonetheless, CIMB Platinum MasterCard also rewards categories like medical spend, overseas travel, and electronics and furnishings, making it a bit more versatile overall.

CIMB Visa Infinite v. SC Unlimited Cashback
Standard Chartered Unlimited Cashback Card offers cardholders 1.5% flat rebate with no cap on earnings–which is great for high spenders who typically feel constrained by monthly rewards caps. In addition, cardholders enjoy great transport perks: SC Unlimited Cashback Card is SimplyGo functional and offers up to 21% fuel savings with Caltex. There’s a S$192.6 fee, waived 2 years.


CIMB Visa Infinite Card offers a lower local rate but a higher overseas rate, making it a better option for travellers. In addition, there’s no annual fee, and cardholders enjoy perks like free travel insurance, complimentary green fees and airport lounge access. If you want cashback for spend overseas, you’ll earn more with CIMB Visa Infinite Card; if you spend more of your time locally and prefer transport benefits, SC Unlimited Cashback Card may be a better choice for you.

CIMB Visa Infinite v. Maybank World
Maybank World MasterCard is the best miles-earning credit card on the market for golfers. Cardholders receive 2 free green fees/month at 120 fairways across 25 countries. In addition, every S$1 spend with select dining & retail merchants earns 10 points (4 miles). The annual fee is waived with S$24,000 annual spend.


CIMB Visa Infinite Card, on the other hand, offers cashback rather than miles. It also rewards more categories of spend–though at a lower rate. Cardholders receive access to slightly fewer fairways in a smaller geographic area, but the credit card is free forever–no need to earn a fee-waiver.

CIMB Platinum MC v. Citi Cash Back
Both CIMB Platinum MasterCard and Citi Cashback Card reward spend on dining and petrol, but CIMB Platinum MasterCard offers a higher rewards rate (10% v. 8%). In addition, CIMB Platinum MasterCard doesn't charge an annual fee, while Citi Cashback Card charges S$192.6 annually.


However, CIMB Platinum MasterCard caps categories at just S$20, compared to Citi Cash Back Card which has no category caps, but a total cash back amount cap of S$80. This means consumers who spend more than S$200/month on dining and/or on transport may prefer the latter option. Nonetheless, CIMB Platinum MasterCard also rewards categories like medical spend, overseas travel, and electronics and furnishings, making it a bit more versatile overall.

Zoryana Melesh

Zoryana is a Senior Research Analyst at ValueChampion, who focuses on evaluating credit cards, savings and fixed deposits in Singapore. She holds a BA in Political Science and an MPA in International Finance and Economic Policy, both from Columbia University. Prior to joining ValueChampion, Zoryana worked in treasury management consulting.

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