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Questions & Answers about CIMB Platinum Mastercard 2024

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The CIMB Platinum Mastercard allows you to easily maximize cashback even at relatively low spend levels. You can use the low spend for medical, transport & petrol, dining, overseas travel, and electronics & furnishings expenditures.

CIMB Bank Berhad Singapore Branch

CIMB (Commerce International Merchant Bankers) Group Holding Berhad is a leading ASEAN (The Association of Southeast Asian Nation) Universal Bank operating in high growth economies. The group operates under several entities including CIMB Bank, CIMB Investment Bank, CIMB Islamic, CIMB Niaga, CIMB Securities International, and CIMB Thai. It is the second-largest bank in Malaysia comprising of 534.1 billion Malaysian Ringgits worth of total assets. The group provides vasts variety of banking and financial services to its customers, whether they be a natural person or an artificial person, with its primary activities being Commercial banking, Islamic banking, investment banking, and Asset management just to name a few. The group operates with over 100 Commercial Centres and around 850 branches with co-located Trade Service Centres to its 16 global markets. The group also has a staff strength of over 36,000 located in 18 countries, covering ASEAN and major global financial centers as well as countries as in which its customers have significant business and investment dealings.

How can I apply for the Debt Consolidation Plan and who is eligible for it?

You may approach any of the 14 Participating financial institutions which offer the Debt Consolidation Plan to apply for a Debt Consolidation Plan. An applicant is only allowed to apply once with one Participating financial institution in Singapore as an applicant can only have one Debt Consolidation Plan. To be eligible for DCP, you must be a Singapore Citizen or Permanent Resident; and earn between $30,000 and $120,000 per annum plus have total interest-bearing unsecured debt on all credit cards and unsecured credit facilities with financial institutions in Singapore that exceeds 12 times of your monthly income. However, certain categories of unsecured loans are excluded from DCP, such as joint accounts, renovation loans, education loan, medical loans, and/or credit facilities granted for businesses or business purposes

CIMB Platinum Mastercard

Who can please share with me the features and benefits you enjoy with the CIMB Platinum MasterCard?

Well it has been a fairly good experience with CIMB Platinum MasterCard I must say and not meaning to praise them more than is needful but what beats a 10% Cashback On Wine & Dine? I am a family man and it makes me feel good to be able to treat my family to scrumptious dinners or embracing the nightlife to the fullest. Basically your card will give you an incredible 10% cashback on your expenses even when you use your card for taxi rides and petrol. 10% Cashback on Travel in Foreign Currency when you purchase your flights and hotel stays in foreign currency. They even offer a 10% Cashback on Health & Medicals like getting your eyes checked at an optician or visiting the dentist. And if you are a gadget freak, then consider that they give 10% Cashback on Electronic & Furnishing at Selected Merchants like Harvey Norman, Best Denki, Challenger, Ikea, Courts or Parisilk. Finally you can transit with ease with SimplyGo and save on the hassle of carrying a separate transit card or topping up stored-value transit cards, as you can use SimpleGo to tap & Go with your card for your bus and train rides.

CIMB Platinum Mastercard