To get the best rewards and benefits, it is normal to compare and find the best credit cards. A wide range of rewards and benefits are offered by CIMB credit cards, as described in this post. Depending on your spending habits, you can choose the credit card with the best features.
When comparing credit cards, it’s important to consider factors such as annual fees, interest rates, rewards programs, and other benefits like sign-up bonuses and introductory offers. It is also important to read the terms and conditions of the credit card, including any limitations or exclusions regarding rewards redemption.
The “best” credit card for you will depend on your spending habits, finances, and preferences. Here, we’ve compiled for you Singapore’s Best CIMB Credit Cards 2023:
(1) Visa Signature Card
The CIMB Visa Signature card presents an appealing option for frequent shoppers who make purchases across various categories, as it offers a generous cashback rate of 10% on selected categories. The cashback is subject to a cap for each category, making it an ideal choice for those who regularly buy a diverse range of products or services. Furthermore, this card comes without any annual fee, enhancing its attractiveness as a valuable card to own.
Who is it for?
Minimum Annual Income: S$30,000, Minimum Age: 21
Features & Benefits:
+ 10% cashback on online shopping, groceries, beauty/wellness, pet shops/veterinary services, and cruises
+ Unlimited 0.2% cashback on all other spends
+ Can be used for bus and train rides with SimplyGo
+ Complimentary travel insurance of up to S$500,000 when you charge your travel fares to this card
+ No annual fees for life + up to 4 supplementary cards with no annual fees
– Min. spending of S$800 in the statement month to qualify for 10% cashback
– 10% cashback is capped at S$100 per statement per month per principal card member and up to S$20 per category. Earn 0.2% cashback on all spending when you exceed the cashback cap
Receive S$280 Cash via PayNow by applying for Visa Signature Card here
(2) Visa Infinite Card
The CIMB Visa Infinite Card boasts an irresistible package of benefits, making it a must-have for globetrotters. It offers an unlimited 2% cashback on travel, overseas, and online spending in foreign currencies, provided the minimum spend of S$2,000 is met. Additionally, the card offers an unlimited 1% cashback on all other spending. As if that’s not enough, the card grants principal cardholders 3 complimentary global lounge access at over 1,000 airports annually, along with discounts of up to 25% at selected dining outlets in airports worldwide, among other travel privileges. And to top it off, there’s no annual fee attached to this card, and users can apply for free supplementary cards.
Who is it for?
Minimum Annual Income: S$120,000, Minimum Age: 21
Features & Benefits:
+ Unlimited 2% cash back on travel, overseas spending, and online spending in foreign currencies
+ Unlimited 1% on all other retail spends
+ Principal cardmembers enjoy 3 complimentary global lounge access at more than 1,000 airports annually
+ Charge your full travel fares to your CIMB Visa Infinite and automatically get travel insurance coverage of up to S$1 million for you and your family
+ No annual fees for life + Up to 4 supplementary cards with no annual fees
– Min. spending of S$2,000 in the statement month to qualify for the 2% cashback
– Only Singapore citizens and Permanent Residents may apply
– Min. annual income requirement: S$120,000
Receive S$280 Cash via PayNow by applying for Visa Infinite Card here
(3) World Mastercard
For social spenders who enjoy indulging in dining, entertainment, and leisure activities, the CIMB World Mastercard stands out as one of the top choices. With a minimum spend of S$1,000, the card provides an unlimited 2% cash back on various categories, including drinking, dining, online food delivery, movies, digital entertainment, taxi and automobile, and luxury goods. Users can also receive an unlimited 1% cash back on all other spends, provided the minimum spend of S$500 is met. The best part is that this card doesn’t come with an annual fee and allows users to apply for free supplementary cards, making it a highly attractive option.
Who is it for?
Minimum Annual Income: S$30,000, Minimum Age: 21
Features & Benefits:
+ Unlimited 2% cash back on dining, movies and entertainment, taxi and automobile, and luxury goods
+ Unlimited 1% on all other spendings with no minimum spend
+ Enjoy 50% off green fees at 25 golf courses
+ Complimentary travel insurance of up to S$1 million when you charge your travel fares to this card
+ Access to over 1,000 airport lounges globally
+ Can be used for bus and train rides with SimplyGo
+No annual fees for life + up to 4 supplementary cards with no annual fees
– Only Singapore citizens and Permanent Residents may apply
– Min. spend of S$1,000 required for 2% cashback earn rate
– Min. spend of S$500 required for 1% cashback earn rate
Receive S$280 Cash via PayNow by applying for Visa World Mastercard here
Promotion Criteria for All of the above cards:
• Promotion valid only for new CIMB cardmembers
• A min. spend of S$988 must be made on eligible goods and services within 60 days following card approval
• Promotion not valid with other welcome offers
• Promotion valid until 14 May 2023
• Terms and Conditions.
Last but not least, if you’re looking to enjoy promotional fixed deposit rates of 3.48% p.a. (6 months) and 3.68% p.a. (3 months), with a minimum deposit amount of S$10,000 in fresh funds (capped at S$3 million). Check out Citigold here.
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(Credits: singsaver, cimb)
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