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.

Best CIMB Credit CardsCard Features
Best for Transport & WellnessCIMB Platinum MC10% rebate on travel, transport & health
Cashback for TravellersCIMB Visa InfiniteUnltd. 2% rebate on travel & overseas
Golfing PrivilegesCIMB WorldUnltd. 2% rebate on leisure spend, free green fees
Best for Food & OnlineCIMB Visa Signature10% rebate on dining, groceries & online
Student CardCIMB AWSM1% rebate in popular spend categories

Best Card for Rebates on Transport & Wellness: CIMB Platinum MasterCard

Consider this if you want a specialised rebate credit card for wellness, 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
Promotions:
  • Up to S$40 rebate w/ S$500 monthly spend for 3 months total

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.

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  • Annual fee: Free
  • 10% cashback on travel, wellness, transport & petrol
  • CIMB 0% Interest i.Pay Instalment Plan
  • Annual fee: Free
  • 10% cashback on travel, wellness, transport & petrol
  • CIMB 0% Interest i.Pay Instalment Plan

Best Cashback Card for Affluent Travellers: CIMB Visa Infinite Card

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
Promotions:
  • Up to S$60 rebate w/ S$500 monthly spend for 3 months total

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.

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  • Annual fee: Free
  • Unlimited 2% cashback on all travel expenses, foreign currency transactions & 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
  • Annual fee: Free
  • Unlimited 2% cashback on all travel expenses, foreign currency transactions & 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

Best Cashback Card for Golfing Privileges: CIMB World MasterCard

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
Promotions:
  • Up to S$60 rebate w/ S$500 monthly spend for 3 months total

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 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.

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  • Annual fee: Free
  • Unlimited 2% cashback on wine & dine, entertainment, recreation, automobile & parking, petrol, and duty-free stores spend (locally & overseas)
  • Unlimited 1.5% cashback on all other spend
  • Complimentary green fees at 40 fairways in SE Asia
  • Free travel insurance, access to MasterCard Airport Experiences
  • CIMB 0% Interest i.Pay Instalment Plan
  • Annual fee: Free
  • Unlimited 2% cashback on wine & dine, entertainment, recreation, automobile & parking, petrol, and duty-free stores spend (locally & overseas)
  • Unlimited 1.5% cashback on all other spend
  • Complimentary green fees at 40 fairways in SE Asia
  • Free travel insurance, access to MasterCard Airport Experiences

Best Cashback Card for Food & Online: CIMB Visa Signature Card

CIMB Visa Signature
CIMB Visa Signature

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.

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  • Annual fee: Free
  • 10% cashback on dining, grocery & online spend
  • Free travel insurance & global concierge
  • CIMB 0% Interest i.Pay Instalment Plan
  • Annual fee: Free
  • 10% cashback on dining, grocery & online spend
  • Free travel insurance & global concierge
  • CIMB 0% Interest i.Pay Instalment Plan

Best Rebate Card for Students: 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

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 card is free forever. Finally, students also have access to CIMB Deals & Discounts, which offer dining privileges and regional promotions across Singapore, Indonesia & Malaysia.

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  • 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
  • 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

Summary of Best CIMB Credit Cards 2019

Below, we've prepared a summary of our picks for the best CIMB credit cards 2019.

CardBest for...Annual Fee
CIMB Platinum MasterCardTravel, Transport & WellnessS$0.0
CIMB Visa InfiniteCashback for TravellersS$0.0
CIMB WorldCashback for GolfersS$0.0
CIMB Visa SignatureNo-Fee Food & OnlineS$0.0
CardBest for...Annual Fee
CIMB Platinum MasterCardTravel, Transport & WellnessS$0.0
CIMB Visa InfiniteCashback for TravellersS$0.0
CIMB WorldCashback for GolfersS$0.0
CIMB Visa SignatureNo-Fee Food & OnlineS$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 Infinite Card vs Standard Chartered Unlimited Cashback Card

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 EZ-Link compatible, offers up to 21% fuel savings with Caltex and 15% rebate on Grab (up to S$30/month). 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 vs Maybank World MasterCard

Maybank World MasterCard is the best miles-earning 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 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 Visa Signature Card vs Citi Cash Back 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.

*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.

Carrie Arndt

Carrie is a Senior Analyst at ValueChampion, specialising in credit cards in Singapore. She previously led consumer studies worldwide as a Senior Research Executive at MMR Research.

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