CIMB · Visa · Cashback

CIMB PETRONAS Visa Platinum-i

Good for

PETRONAS fuel and Setel: 8% back when your statement balance is RM2,000 or more, 4% from RM500.
Groceries, dining and parking: 2% from RM2,000, 1% from RM500.
No annual fee and a low RM24,000 income gate.

Each bonus group is capped at RM50 per statement: one for PETRONAS, one for groceries, dining and parking.
Below a RM500 statement balance nothing earns, and other spend never earns.
No lounge access or travel insurance listed.
Cash back is paid in whole ringgit, rounded down, so you can get up to RM0.99 a month less than the calculator shows.

Cash back, as a share of what you spend.

Counts toward the minimum: every billed purchase. Government / LHDN / JPJ, JomPAY / FPX / DuitNow to billers, Touch 'n Go reloads, Grab top-up / GrabPay, Boost top-up, ShopeePay top-up and MAE / other e-wallet count but earn nothing.

Spending	Earns	Details
Petrol at PETRONAS	8%	When you spend RM2,000 or more a month. Up to RM50 back a month.
Petrol at PETRONAS	4%	When you spend RM500 or more a month. Up to RM50 back a month.
Groceries and Dining in shops or online	2%	When you spend RM2,000 or more a month. Up to RM50 back a month.
Groceries and Dining in shops or online	1%	When you spend RM500 or more a month. Up to RM50 back a month.
Government / LHDN / JPJ, JomPAY / FPX / DuitNow to billers, Touch 'n Go reload and more	Nothing	Government / LHDN / JPJ, JomPAY / FPX / DuitNow to billers, Touch 'n Go reload, Grab top-up / GrabPay, Boost top-up, ShopeePay top-up and MAE / other e-wallet.

How it's paid: Statement credit, next month Each month's cash rebate is rounded down to the whole ringgit and credited to your card account on the next month's statement. It pays the yearly facility charges first, then your purchases.
Which month counts: Your statement month The level, the two RM50 caps and the cash rebate are counted per statement cycle, up to the statement date. The level uses your statement balance, which counts any balance carried forward and subtracts payments made before the statement date.
When you lose it: Missed minimum payment Miss the minimum payment by the due date and that month's cash rebate is not credited on the next statement. A reversed transaction takes back its cash rebate, and the bank can cancel cash rebate on a disputed or fraudulent one.

Overseas spending fee: 1% 1% CIMB admin charge, plus any fee Visa or Mastercard adds.

What it costs if you don't pay in full, or use it for cash.

Annual fee: Free for life No spending needed to keep it free.
Extra (supplementary) cards: Free The RM25 service tax still applies each year.
Service tax: RM25 a year per card A government charge on every credit card in Malaysia, billed by the bank.
Interest: 15%, 17% or 18% a year An Islamic card (Commodity Murabahah, Tawarruq): these are effective profit rates. They depend on how reliably you paid the minimum over the last 12 months. None if you pay the full balance by the due date (20 days after your statement).
Minimum monthly payment: 5% of the balance, or RM50 Whichever is higher, plus any instalments, service tax and unpaid past minimums.
Late payment: Ta'widh: actual cost up to 1% of the unpaid balance, RM10 to RM100 A compensation charge when the minimum payment is late.
Cash withdrawal: 1% fee, at least RM4.00 Plus 8% service tax on the fee, and an 18% a year profit rate from the day you take it out.
Replacement card: RM20

Income: RM24,000 a year or more
Age: 21 or older Extra cardholders from 18.
Documents: MyKad (NRIC)
Employees: latest 1 to 3 months of payslips, or an EPF statement with at least 6 months of contributions
Self-employed: 6 months of company bank statements and business registration, or your latest Form B with the LHDN payment receipt
One month of payslips is enough at large or listed companies with a fixed salary. Others need 3 months, plus salary bank statements if the employer is smaller.

Pay by phone: Apple Pay, Google Pay, Samsung Pay Add it in the CIMB OCTO app.
Card network: Visa