Best CIMB Credit Cards 2020

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.

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 Platinum MC:
  • 10% rebate on medical, transport, dining & more
CIMB Visa Infinite:
  • Unltd. 2% rebate on travel & overseas, free green fees
CIMB World MC:
  • Unltd. 2% rebate on leisure spend, 50% off green fees
CIMB Visa Signature:
  • 10% rebate on beauty, online, pets, cruises & more
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 Platinum MasterCard: Rebates on Medical & Transport

  • Up to 10% cashback on transport, dining, medical & more
  • Promotions: Receive S$100 cash credit w/ S$350 monthly spend for 1st 2mo (new customers)
  • Read Our Full Review
  • Annual fee: Free
  • 10% cashback on medical, transport, dining & overseas travel
  • 10% cashback on select electronics/furnishings vendors
  • CIMB 0% Interest i.Pay Instalment Plan
If you want to earn rebates for monthly medical and transport spend, CIMB Platinum MasterCard offers some of the highest rates on the market. While most credit cards do not reward health expenses at all, CIMB Platinum MC cardholders earn 10% cashback on everything from doctor & dentist visits to nursing & personal care facilities. Transport and petrol–including buses, trains, taxis, Grab and more–earn 10% cashback as well, both locally and overseas. Additional benefits include 10% rebates on dining, travel spend in foreign currency, and transactions with select local electronics and furnishing vendors.


It's worth mentioning that rewards are capped at S$20 per category, which can be maxed out with just S$200 spend. As a result, this card is a great fit if you spend at about this level per category; higher spending will earn more with alternative cards. Nonetheless, CIMB Platinum MasterCard is a low-risk card as there's no annual fee. In other words, even if your spending is a bit irregular, you can still stand to benefit–perhaps even more so than with other cards, given the high rebate rates. Finally, CIMB Platinum MasterCard may also be a useful supplement to a flat rebate or everyday card.

  • Stand-Out: Up to 10% cashback on transport, dining, medical & more
  • Promotions: Receive S$100 cash credit w/ S$350 monthly spend for 1st 2mo (new customers)
  • Read Our Full Review
  • Annual fee: Free
  • 10% cashback on medical, transport, dining & overseas travel
  • 10% cashback on select electronics/furnishings vendors
  • CIMB 0% Interest i.Pay Instalment Plan
If you want to earn rebates for monthly medical and transport spend, CIMB Platinum MasterCard offers some of the highest rates on the market. While most credit cards do not reward health expenses at all, CIMB Platinum MC cardholders earn 10% cashback on everything from doctor & dentist visits to nursing & personal care facilities. Transport and petrol–including buses, trains, taxis, Grab and more–earn 10% cashback as well, both locally and overseas. Additional benefits include 10% rebates on dining, travel spend in foreign currency, and transactions with select local electronics and furnishing vendors.


It's worth mentioning that rewards are capped at S$20 per category, which can be maxed out with just S$200 spend. As a result, this card is a great fit if you spend at about this level per category; higher spending will earn more with alternative cards. Nonetheless, CIMB Platinum MasterCard is a low-risk card as there's no annual fee. In other words, even if your spending is a bit irregular, you can still stand to benefit–perhaps even more so than with other cards, given the high rebate rates. Finally, CIMB Platinum MasterCard may also be a useful supplement to a flat rebate or everyday card.

CIMB Visa Infinite Card: Unltd Rebates for Golfers & Travellers

  • Unltd. travel & overseas cashback plus lounge & waived green fees
  • Promotions: Receive S$100 cash credit w/ S$350 monthly spend for 1st 2mo (new customers)
  • Read Our Full Review
  • Annual fee: Free
  • Unlimited 2% cashback on all travel expenses & overseas spend
  • Unlimited 1% cashback on all other spend
  • Complimentary green fees at 108 fairways across 16 countries
  • 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 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. In addition, golfers enjoy complimentary green fees (up to 2 games/month) at 108 fairways across 16 countries–one of the best golf perks currently available on the market. 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.

  • Stand-Out: Unltd. travel & overseas cashback plus lounge & waived green fees
  • Promotions: Receive S$100 cash credit w/ S$350 monthly spend for 1st 2mo (new customers)
  • Read Our Full Review
  • Annual fee: Free
  • Unlimited 2% cashback on all travel expenses & overseas spend
  • Unlimited 1% cashback on all other spend
  • Complimentary green fees at 108 fairways across 16 countries
  • 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 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. In addition, golfers enjoy complimentary green fees (up to 2 games/month) at 108 fairways across 16 countries–one of the best golf perks currently available on the market. 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.

CIMB World MasterCard: Top Rebates for Affluent Socialites

  • Unlimited 1.5% rebate, boosted for leisure spend
  • Promotions: Receive S$100 cash credit w/ S$350 monthly spend for 1st 2mo (new customers)
  • Read Our Full Review
  • 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
  • 50% off green fees at select fairways in Asia
  • Free travel insurance, access to MasterCard Airport Experiences
  • CIMB 0% Interest i.Pay Instalment Plan
CIMB World MasterCard Credit Card is an excellent no-fee card for high spenders with sizeable leisure budgets. 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. Perks include free travel insurance, access to MasterCard Airport Experiences and even 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 1.5% rebate, boosted for leisure spend
  • Promotions: Receive S$100 cash credit w/ S$350 monthly spend for 1st 2mo (new customers)
  • Read Our Full Review
  • 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
  • 50% off green fees at select fairways in Asia
  • Free travel insurance, access to MasterCard Airport Experiences
  • CIMB 0% Interest i.Pay Instalment Plan
CIMB World MasterCard Credit Card is an excellent no-fee card for high spenders with sizeable leisure budgets. 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. Perks include free travel insurance, access to MasterCard Airport Experiences and even 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, beauty & more
  • Promotions: Receive S$100 cash credit w/ S$350 monthly spend for 1st 2mo (new customers)
  • 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 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, beauty & more
  • Promotions: Receive S$100 cash credit w/ S$350 monthly spend for 1st 2mo (new customers)
  • 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 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
  • 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 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 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$192.6
  • Promotions: All new cardholders will receive $200 cash via PayNow or Sony Noise Cancelling True Wireless Headphones worth $349 and must make at least 1 transaction within 30 days (valid until November 30)
  • 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% 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 120+ global fairways
  • Annual Fee:S$240.0
  • Promotions: Receive S$100 rebate w/ S$250 spend/mo for 2mo
  • Read Our Full Review
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 Platinum MasterCard v. Citi Cash Back Card

  • Up to 8% rebate on global dining, groceries & petrol
  • Annual Fee:S$192.6
  • Promotions: Get a set of Apple AirPods Pro (worth $379) or $250 cash for all new Citibank cardmembers upon activating and spending within 60 days of card approval (valid until November 30)
  • 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 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 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%) 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.

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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