Compare the Best CIMB Cashback Credit Cards in Singapore 2020

Compare all CIMB cashback credit cards to see which one gives you the highest cash back based on your spending habits. read more
We found 4 Credit Cards for you!
CIMB logo
Cash Back on Beauty & Wellness, Online Shopping, Groceries
10%
Min. spend per month
S$800
Cash Back Cap
S$100
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CIMB logo
Cash Back on Wine & Dine, Petrol & Transport, Travel
10%
Min. spend per month
S$800
Cash Back Cap
S$100
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CIMB logo
Unlimited cashback on Wine & Dine, Entertainment & Recreation, Automobile and DFS purchases
2%
Min. spend per month
S$0
Cash Rebate cap
Unlimited
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CIMB logo
Unlimited cashback on Travel, Overseas & Online Spend in Foreign Currency
2%
Min. spend per month
S$2,000
Cash Rebate cap
Unlimited
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Best CIMB Cashback Credit Cards 2020

CIMB Credit Card Min. Income Cashback Benefits
CIMB Visa Signature Card S$30,000 10% cash back on Beauty & Wellness, Online Shopping, Groceries
CIMB Platinum Mastercard S$30,000 10% cash back on Wine & Dine, Petrol & Transport, Travel
CIMB World Mastercard S$50,000 2% unlimited cash back on Wine & Dine, Entertainment & Recreation, Automobile and DFS purchases
CIMB Visa Infinite Card S$120,000 2% unlimited cash back on Travel, Overseas & Online Spend in Foreign Currency

How to Choose the Best CIMB Cashback Credit Card

If you’re looking at CIMB’s cashback credit cards, chances are, you might already have shortlisted one or two in mind. But if you are still stumped by the choices, you can choose the best cash back credit card by process of elimination, using these 3 considerations.

Minimum Annual Income

Of the 4 CIMB cashback credit cards, only 2 are entry-level cards: CIMB Visa Signature Card and CIMB Platinum Mastercard. These credit cards have the same annual income requirement of S$30,000. The other 2 - CIMB World Mastercard and CIMB Visa Infinite Card - have significantly higher income requirements. If you do not make that much in a year, you will have to go for the entry-level cards.

Minimum Spending Requirement

Can you hit the minimum spending requirements on the credit card? If not, there’s no point - you’ll either fail to maximise your cashback, or feel compelled to overspend to hit the minimum. Either way, you lose. The only CIMB cashback credit card with no minimum spend is the CIMB World Mastercard. Otherwise, be prepared to hit the minimum monthly spend of S$800 (for CIMB Visa Signature Card and Platinum Mastercard) or S$2,000 (CIMB Visa Infinite Card) to enjoy the advertised cash rebate.

Cashback Categories

Finally, make sure that your CIMB credit card gives you cashback in your favourite spending categories. CIMB cashback cards tend to reward almost everything under the sun, so this might be tough. But if you spend a lot on fine dining and your car, for example, then the CIMB World Mastercard is for you. At the same time, there’s no point getting the CIMB Visa Signature Card if you couldn’t care less about beauty/wellness or groceries.

CIMB Visa Signature Card vs CIMB Platinum Mastercard - Which is Best?

CIMB’s 2 most popular credit cards are very similar, and it can be tough to decide between them. Both credit cards have a low (S$30,000) income requirement, offer 10% cashback on selected categories (capped at S$20 per category), with a minimum monthly spending requirement of S$800. The key difference is in the bonus cashback categories.

CIMB Platinum Mastercard

The CIMB Platinum Mastercard offers 10% cash back on the following categories: Wine & Dine, Transport & Petrol, Health & Medical, Electronic & Furnishing, and Travel Bookings in Foreign Currency. This cashback credit card would be great for someone who spends mostly on dining out and petrol/transport, and is perhaps a bit of a gadget junkie who likes to shop at electronics stores.

CIMB Visa Signature Card

The CIMB Visa Signature Card gives you 10% cash back on: Groceries, Online Shopping, Beauty & Wellness, Pet Shops & Vets, and Cruises. If your spending is mostly on groceries and online purchases, this credit card ticks the right boxes. The CIMB Visa Signature Card is suitable for pet owners and those who spend money at salons or spas regularly.

Can You Get Unlimited Cash Back with CIMB Credit Cards?

Yes you can, but only if you are a relatively high income earner. CIMB actually has 2 unlimited cashback credit cards - CIMB World Mastercard and CIMB Visa Infinite Card - but they are open only to those earning at least S$50,000 per annum. Here’s the lowdown on each unlimited cashback credit card.

CIMB World Mastercard

The CIMB World Mastercard has an income requirement of S$50,000 per annum. If you qualify, you can get 2% unlimited cash back on Wine & Dine, Entertainment & Recreation, Automobile and DFS purchases, and 1.5% unlimited cash back on all other spending. This is a very straightforward credit card with no minimum spend or cap.

CIMB Visa Infinite Card

The CIMB Visa Infinite Card has a very high income requirement of S$120,000 p.a., which may be out of reach for most of us mortals. This credit card gets you 2% unlimited cashback on Travel, Overseas & Online Spend in Foreign Currency, and 1% cashback on everything else. There is no cap; however, there is a minimum spending requirement of S$2,000 a month.

CIMB Cash Back Credit Cards Frequently Asked Questions

Which CIMB credit card is the best?

If your income is high enough to meet the requirements (S$50,000 p.a.), we recommend the CIMB World Mastercard as the most fuss-free of the CIMB cashback credit cards. It has no minimum spend or cashback cap, and offers a market-leading 2% unlimited cashback on dining and entertainment. Otherwise, the entry-level CIMB Visa Signature Card is great for recurring expenses like groceries and online spending.

How can I get a CIMB credit card?

First, browse the CIMB credit card options on MoneySmart and find the one that fits you best. When you are ready to apply for this credit card, you can do so easily on the CIMB website. Click on the Apply Now button and you will be led to a page for document submission. It’s best to use SingPass MyInfo as this will make your application a lot quicker - otherwise, you have to upload your payslip and other documents manually.

How can I check my CIMB credit card balance?

You can stay on top of your CIMB credit card balance by using either the CIMB Clicks mobile app, or logging into CIMB internet banking on your computer via www.cimbclicks.com.sg. Look for the Credit Cards tab and click on the current month to see your CIMB credit card balance.