3% Cashback on Overseas Spend | LIMITED TIME ONLY
Elevate your lifestyle with the CIMB World Mastercard. Enjoy exclusive privileges and rewards tailored for discerning individuals. Earn cashback on all your spending, with additional perks such as complimentary travel insurance and gain access at a preferential rate to airport lounges worldwide.
Up to 2%
Unlimited Cashback on the following categories (Wine & Dine, Online Food Delivery, Movies & Digital Entertainment, Taxi & Automobile, Luxury Goods)
S$1,000
Min. spend per month to qualify for 2% Unlimited Cashback
Additional 3% Cashback
on Overseas Spend (till 31 Jan 2025)
Online Promo
Get up to S$188 Cashback when you spend a minimum of S$988 in Eligible Transactions within 60 days from card approval date. T&Cs apply.
Valid until 31 Jan 2025 - See more details below

Are you eligible?

    • Promotion is open to applicants who do not hold any principal CIMB Credit Cards at the time of his/her application
    • Apply for an eligible CIMB Credit Card during the promotion period

What you need to know

  1. Get S$188 Cashback when you spend a min. of S$988 within 60 days from card approval date
  2. OR get $88 Cashback when spend a min. of S$108 within the first 30 days from card approval date
T&Cs

Quick Facts

Get the maximum value by

meeting the min. spend of S$1,000 per month to unlock 2% unlimited cashback

Categories to maximise this card

Wine & Dine, Online Food Delivery, Taxi, Luxury Goods

All Details

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CIMB World Mastercard Benefits 2024

The CIMB World Mastercard is another one of CIMB’s best credit cards for cashback which does not charge any annual fees. Some of its highlights include unlimited cashback of up to 2% on expenditures made on wine and dining, online food delivery, movies, digital entertainment, taxi rides, ride-hailing services, automotive, and luxury goods.

In this review, we’ll take a look at the requirements, pros and cons and other relevant details of the CIMB World Mastercard before you make a decision on whether to get this card.

Pros & Cons

Pros

  • Up to 2% cashback on wine, dining, online food delivery, movies, digital entertainment, taxi, automobile, and luxury goods
  • No cap on cash rebate
  • No annual fees for life
  • Enjoy more than 1,000 CIMB Deals & Discounts across dining, retail and lifestyle outlets
  • Exclusive access to the wide range of Mastercard Travel Rewards
  • Discounts at prestigious golf courses via the Mastercard Southeast Asia Golf Program
  • Complimentary travel insurance

Cons

  • Interest rate of 27.80%, which is higher than other cashback credit cards in the market
  • A minimum spend of $1,000 is required to qualify for the 2% cashback on spending in selected categories
  • This card is designed for Singapore citizens and PRs, unavailable to foreigners, unlike other cards in the market which are often open to foreigners as well

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

As we make a comparison between the 3 cards, the CIMB World Mastercard seems to give you the most savings on annual fees as it doesn’t charge any, unlike most credit cards including the HSBC Visa Platinum Card and the Citi Cash Back+ Card.

While the HSBC Visa Platinum Card gives you the highest percentage of cashback on your spending, it is only for limited number categories like local dining and groceries (food deliveries and online groceries included), unlike the CIMB World Mastercard which lets you get the cashback for a wider range of categories including wine, dining, online food delivery, movies, digital entertainment, taxi, automobile, and luxury goods.

In terms of interest rates, the HSBC Visa Platinum Card offers you the lowest option of 26.90% (subject to the bank’s assessment of your credit profile).

CIMB World MastercardHSBC Visa Platinum CardCiti Cash Back + Card
Interest rate:
From 27.80%
Interest rate:
From 26.90%
Interest rate:
From 27.90%
Annual fee:
None
Annual fee:
$196.20 (waiver available)
Annual fee:
$196.20 (first year waiver available)
Minimum annual income:
$30,000 for Singaporeans and PRs (this card is not available to foreigners)
Minimum annual income:
$30,000-$40,000 for Singaporeans and PRs $40,000 for foreigners
Minimum annual income:
$30,000 for Singaporeans and PRs $42,000 for foreigners
Cashback benefits:
  • Up to 2% cashback on wine, dining, online food delivery, movies, digital entertainment, taxi, automobile, and luxury goods
  • No annual fee charges
  • Choose from over 1,000 CIMB Deals & Discounts across dining, retail and lifestyle outlets
  • Access a wide range of Mastercard Travel Rewards
  • Get golf courses discounts via the Mastercard Southeast Asia Golf Program
  • Enjoy complimentary travel insurance
Cashback benefits:
  • 5% cash rebate on local dining and groceries (food deliveries and online groceries included). min. spending of S$600 monthly in a calendar quarter to earn 5% cash rebate. Up to 21.15% fuel savings at Caltex and Shell
  • 1X Reward point per dollar spent
  • Exclusive access to HSBC ENTERTAINER with HSBC Singapore mobile app, enjoy over 1,000 worldwide 1-for-1 deals on dining, lifestyle and travel
Cashback 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 More About The CIMB World Mastercard In Our Blog Review!

Here are 3 simple steps to apply for the CIMB World Mastercard

Step 1

Apply via MoneySmart’s credit cards page


You may begin your application by clicking on our CIMB World Mastercard 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 Signature Card Card


You’ll be able to activate your CIMB World Mastercard 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 World Mastercard?

CIMB World Mastercard does not charge any initial annual fees, but it does charge other fees like late payment fee, minimum monthly payment, foreign currency transaction fee, cash advance transaction fee, overlimit fee.

Am I eligible for the CIMB World Mastercard?

If you’re a Singapore Citizen, Permanent Resident (PR), you’re eligible to apply for the CIMB World Mastercard, as long as you’re aged between 21 and 70, and earn a minimum annual income of $30,000 (for Singaporeans and PRs).