Unlimited 2% Cashback | FASTER GIFT REDEMPTION
2%
Unlimited cashback on Travel, Overseas & Online Spend in Foreign Currency
S$2,000
Min. spend per month
Unlimited
Cash Rebate cap
MoneySmart Exclusive

[FASTER GIFT REDEMPTION]
Get a Sony WF-1000XM5 Wireless Noise Cancelling Headphones (worth S$429) or a ErgoTune Classic Ergonomic Chair (worth S$399) or a Titan V1 7-Speed Foldable Bike (worth S$399) or S$280 Cash via PayNow, in as fast as 2-3 months when you apply and spend a min of S$988. T&Cs apply.

Valid until 31 Mar 2024 - See more details below

Are you eligible?

    • Promotion is valid from 01-March-2024 to 31-March-2024

    • Applicable for New-to card holders only

    • Customers need to apply through MoneySmart to be eligible

What you need to know

  1. Log into your MoneySmart account and submit your claim by 30th April 2024

  2. MoneySmart Exclusive Gift Options: Sony WF-1000XM5 Wireless Noise Cancelling Headphones (worth S$429) or a ErgoTune Classic Ergonomic Chair (worth S$399) or a Titan V1 7-Speed Foldable Bike (worth S$399) or S$280 Cash via PayNow

  3. Customers must spend a min. of S$988 during the first 60 days from card approval date to be eligible for the MoneySmart Exclusive Gifts.

  4. *Faster Gift Redemption: Receive your Reward as fast as 2 - 3 months from meeting the "Eligible Spends" criteria, instead of 5 months from end of campaign month. T&Cs Apply.

  5. MoneySmart exclusive gifts and rewards do not stack with external or third party promotions unless otherwise stipulated. Kindly refer to T&Cs for details

T&Cs
FAQ
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All Details

Disclaimer: At MoneySmart.sg, we strive to keep our information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products and services are presented without warranty. Additionally, this site may be compensated through third party advertisers. However, the results of our comparison tools which are not marked as sponsored are always based on objective analysis first.

CIMB Visa Infinite Card Review 2024

The CIMB Visa Infinite Card is one of the few credit cards which do not charge any annual fees, and among CIMB’s best cards for cash back benefits. The benefits include 2% cashback on your card with no cashback cap, up to 25% discounts at selected dining outlets in airports worldwide, complimentary global lounge access at over 1,000 airports lounges and more. In this review, we’ll take a look at the requirements, pros and cons and other relevant details of the CIMB Visa Infinite Card before you make up your mind on whether to get this card or consider other cashback credit cards.

Pros & Cons

Pros

  • Up to 2% cashback on spending in selected categories including travel, overseas spend, and online purchases in foreign currencies
  • Access to over 1,000 CIMB Deals & Discounts across dining, retail, and lifestyle outlets in Singapore, Malaysia, and Indonesia
  • 3 complimentary global lounge access at over 1,000 airports lounges annually for Principal Cardmembers
  • Up to 25% discount at selected dining outlets in airports worldwide
  • Up to 5% discount for bookings of Airport Limousine transfer (available in 300 cities around the world)
  • Up to 5% discount on Meet & Greet services (available at 120 airports worldwide)
  • Interest rate of 26.90%, which is lower than some cashback credit cards (as per MoneySmart’s Credit Cards comparison tool)
  • Complimentary travel insurance coverage

Cons

  • Interest rate of 27.80%, which is higher than other cashback credit cards (as per MoneySmart’s Credit Cards comparison tool)
  • A minimum spend of $2,000 is required to qualify for the 2% cashback on spending in selected categories

Compare CIMB Visa Infinite vs. HSBC Visa Platinum Card vs. Citi Cash Back + Card

The CIMB Visa Infinite Card is among the best cards out there that are good for cashback perks. Others like the HSBC Visa Platinum Card and Citi Cash Back+ Card which are some of the many cashback credit card options you would have come across on MoneySmart’s online credit card comparison wizard. Let’s compare these 3 credit cards and have a closer look at their requirements and benefits.


The key factors which we’ll be focusing on are interest rates, annual fees, minimum annual income requirements and cashback benefits.


Among the 3 credit cards, the CIMB Visa Infinite Card lets you save the most on annual fees as it doesn’t charge any unlike most credit cards, but the HSBC Visa Platinum Card gives you the highest percentage of cashback on your spending on selected categories like local dining and groceries (food deliveries and online groceries included) - a generous 5% that is higher than the 1.6% and 2% you can get from Citi Cash Back + card and CIMB Visa Infinite Card respectively.


In terms of interest rates, the HSBC Visa Platinum Card also offers you the lowest option of 26.90% (subject to the bank’s assessment of your credit profile). However, it charges a hefty annual fee of $662.15, which is the highest among the 3 cards.

CIMB Visa Infinite Card

Interest rate: From 27.80%

Annual fee:None

Minimum annual income:

  • $120,000 for Singaporeans and PRs, and foreigners

  • Cash back benefits:
  • Up to 2% Cashback on travel purchases, overseas spending, online spending in foreign currencies, which consists of the base cashback of 1% and an additional 1% cashback
  • No annual fee
  • Access to over 1,000 CIMB Deals and Discounts across dining, retail and lifestyle outlets in Singapore, Malaysia and Indonesia
  • Exclusive access to more than 1,000 airports lounges (3 times a year)
  • Up to 25% dining discount for selected restaurants and eateries airports worldwide
  • Up to 5% discount for airport limousine transfer bookings
  • Up to 5% discount on Meet & Greet services
  • HSBC Visa Platinum Card

    Interest rate: From 26.90%

    Annual fee:$662.15 (no waiver available)

    Minimum annual income:

  • $30,000-$40,000 for Singaporeans and PRs
  • $40,000 for foreigners

  • Cash back benefits:
  • 5% cash rebate on local dining and groceries (food deliveries and online groceries included).
  • Up to 21.15% fuel savings at Caltex and Shell
  • 1X Reward point per dollar spent
  • Annual fee waiver available
  • Exclusive access to HSBC ENTERTAINER with HSBC Singapore mobile app, enjoy over 1,000 worldwide 1-for-1 deals on dining, lifestyle and travel
  • Citi Cash Back + Card

    Interest rate: From 27.90%

    Annual fee:$196.20 (first year waiver available)

    Minimum annual income:

  • $30,000 for Singaporeans and PRs
  • $42,000 for foreigners

  • Cash back benefits:
  • 1.6% cash back on eligible spend all year round
  • No minimum spend required and no cap on cash back earned
  • No expiry for cash back earned
  • Earn 0.4% Bonus Cash Back on eligible spend (only valid for Citi Plus customers who are Primary Account Holders of a Citi Interest Booster Account
  • Up to S$1 million coverage for purchases of travel tickets
  • Find Out Why Cashback Is Still King In Our Blog Article!

    CIMB Visa Infinite Card Application

    Here are 3 simple steps to apply for the CIMB Visa Infinite Card

    Step 1

    Apply via MoneySmart’s credit cards page

    You may begin your application by clicking on our CIMB Visa Infinite Card application link. When you choose to apply online via SingPass MyInfo, CIMB will pull your identity and income data from SingPass (which is already verified), thus cutting short the processing time. The approval-in-principle page will appear within minutes of submitting your MyInfo.

    Step 2

    Provide all documentation required

    You’ll need to provide all the necessary documentation in order for CIMB to approve your credit card application. This list of documents include:

    • NRIC or other identification details
    • Latest computerised payslip
    • Latest 12 months’ CPF Contribution History Statement
    • Latest Income Tax Notice of Assessment
    • (NOA)

    Step 3

    Receive your CIMB Visa Infinite Card

    You’ll be able to activate your CIMB Visa Infinite Card through CIMB’s online platform, and enter a One-Time Password (OTP) after keying in your 6-digit Online Banking PIN to secure all your credit card transactions. Thereafter, it’s ready for you to use on any of your purchases and you can track your cashback rewards and credit card statements with your CIMB Clicks mobile app!

    Frequently Asked Questions

    Are there any fees if I apply for the CIMB Visa Infinite Card?

    CIMB Visa Infinite Card does not charge any initial annual fees, but it does charge other fees like supplementary card annual fee, late payment fee, minimum monthly payment, foreign currency transaction fee, cash advance transaction fee, overlimit fee.

    Am I eligible for the CIMB Visa Infinite Card?

    If you’re a Singapore Citizen, Permanent Resident (PR) or foreigner with a valid Singapore Employment Pass, you’re eligible to apply for the CIMB Visa Infinite Card, as long as you’re aged 21 and above, and earn a minimum annual income of $120,000 (for Singaporeans and PRs, and foreigners).