Monday, December 28, 2015

CIMB Visa Signature Card and Platinum MasterCard - Changing their Rebate Programme

Hi everyone,

CIMB Visa Signature and Platinum MasterCard are changing the way they give rebates to encourage more usage of their cards. Here are the changes.

CIMB Platinum MasterCard
- No more rebates for Home Furnishing and Insurance
- 10% Cash rebate for Travel and Health & Wellness provided...
--> $60 rebate cap
--> Swipe at least 8 transactions of $30 minimum each
--> Overall $500 minimum spend.

CIMB Visa Signature Card
- No more rebates for Visa PayWave in foreign currencies
- 10% Cash rebate for Wine & Dine and Online Transaction in Foreign Currencies provided...
--> $60 rebate cap
--> Swipe at least 8 transactions of $30 minimum each
--> Overall $500 minimum spend.

To me, there is no more usage on CIMB Platinum MasterCard. For Visa Signature Card, the restriction of swiping at least 8 transactions of $30 minimum each is too much for me.

Thus, I won't be using CIMB Cards anymore.

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