The CIMB Cash Rebate Platinum MasterCard is designed for users who want to maximize cashback on essential everyday spending categories such as groceries, petrol, and utilities. This card offers a straightforward cashback program with higher rewards for specific categories when users hit higher spending thresholds. It is an excellent option for those who are looking for a simple way to earn cashback without complex reward tiers or point systems. However, its limitations in certain categories like dining and e-wallet transactions may not appeal to all users.
The CIMB Cash Rebate Platinum MasterCard offers a tiered cashback structure based on your monthly spending amount. The card differentiates between users who spend less than RM3,000 and those who spend more, rewarding the latter with higher cashback percentages. Here’s a breakdown:
The cashback for this tier is capped at RM30 per month for each of the main categories: food and groceries, petrol, and utilities.
For users who spend more than RM3,000 monthly, the cashback cap remains RM30 per month for each of the main categories: groceries, petrol, and utilities.
While the cashback rates are attractive, the card imposes a monthly cashback cap of RM30 for each main category (food and groceries, petrol, and utilities). This cap might limit the total rewards for users who spend significantly more in these categories. The overall cashback potential is moderate, but the clear structure and consistent rewards make it easier to understand and maximize.
The card does not provide cashback for e-wallet transactions, which can be a disadvantage for users who rely on digital wallets for their day-to-day payments. Additionally, government-related payments (such as taxes or fines) are excluded from earning cashback, which may limit its appeal for certain users.
For Muslim users, the CIMB Cash Rebate Platinum MasterCard is available as a Shariah-compliant version, ensuring that all transactions align with Islamic banking principles. This feature is essential for individuals who prioritize ethical financial products in line with their religious beliefs.
This card is best suited for:
The CIMB Cash Rebate Platinum MasterCard is an excellent option for users who want to earn cashback on groceries, petrol, and utilities—categories that make up a large portion of monthly expenses for most households. With up to 5% cashback for high spenders in these categories, the card is ideal for families, drivers, and individuals who want to maximize rewards on essential purchases.
However, the RM30 monthly cap per category limits the total cashback earnings, and the 0.2% cashback rate for dining, travel, and other categories may not appeal to users who spend more in those areas. Additionally, the exclusion of e-wallet and government payments is a notable drawback.
Overall, the CIMB Cash Rebate Platinum MasterCard is a strong contender for users seeking a simple and effective way to earn cashback on everyday essentials, especially those who consistently spend more than RM3,000 per month.
Cashbacks based on market segments, montly spending and monthly cashback cap
Total Monthly Retail Spend | 0 - 2999 | 3000 - Unlimited | Monthly Cap (MYR) |
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Retail, Food & Grocery Petrol Utilities | 2% | 5% | 30 |
Oversea Dining & Restaurant Travel Online Education Insurance | 0.2% | 0.2% | Unlimited |
Ewallet Government | 0% | 0% | 0 |
Please enter your monthly spending to calculate cashbacks.
Total Spending
Total Cashbacks
Cashback Rates
List of loyalty program that you can transfer your reward points to, with points needed for 1000 miles
Loyalty Program | Transfer Rate |
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Transfer your outstanding balance from other credit card. 0% interest per annum over a 12-month tenure
Period Segment | Interest Rate | Handling Fee | Transfer amounts |
---|---|---|---|
6 months | 5.99 | 0 | 1000 |
12 months | 7.99 | 0 | 1000 |
Turn your wish list into reality with a flexible payment plan of up to 36 months. 0% interest per annum over a 12-month tenure
Period Segment | Interest Rate | Handling Fee | Spend amounts |
---|---|---|---|
3 | 0 | 0 | 1000 |
6 | 0 | 0 | 1000 |
12 | 0 | 0 | 1000 |
24 | 0 | 0 | 1000 |
36 | 0 | 0 | 1000 |
Enjoy your lounge access when you travel
Porgram Name | Access | Spending Requirement |
---|---|---|
No access | 0 | No access |
Withdraw money from your credit cards
Cash Advance Fee | Interest Rate |
---|---|
RM15 or 5% of withdrawn amount | 18 |
Be clear and peace of mind when you travel
Coverage | Sum Insured |
---|---|
Travel | 1000000 |
Delay Flight | 1000 |
Missed Flight | 1000 |
Lost Luggage | 1000 |
Delayed Luggage | 1000 |
Complimentary ride to airport
Airport Ride Services | Number of rides | Spending requirements |
---|---|---|
NA | 0 | NA |