CIMB World Mastercard Sign Up Promotion:
- Receive S$100 Cash via PayNow (New Cardholders) S$50 Cash via PayNow (Existing Cardholders) with no minimum spend
- Valid until 20 December 2024
- Read Terms and Conditions here
- Must fulfill spending requirement to receive gift confirmation
- Remember to check for SingSaver email to secure your rewards after you have applied!
Stackable with Direct Bank Rewards:
- Receive Up to S$188 Cashback
- Apply for select CIMB credit cards and make minimum spends to be eligible for reward:
- Make a minimum spend of S$108 within 30 days of card approval date to receive S$88 Cashback
- Make a minimum spend of S$988 within 60 days of card approval date to receive additional S$100 Cashback (S$188 total)
- Promotion is valid until 31 January 2025
- Promotion is valid for new CIMB credit cardmembers only
- Read Terms and Conditions here
CIMB World Mastercard Overview:
- The CIMB World Mastercard is a card for social spenders who have high budgets on dining, entertainment, and leisure. The card offers an unlimited 2% cashback on spending in categories such as drinking, dining and online food delivery, movies and digital entertainment, taxi and automobile, and luxury goods with a minimum spend of S$1,000. For all other spends, users will receive an unlimited 1% cashback with a minimum spend of S$500. What makes the CIMB World Mastercard more attractive is that it has no annual fee attached to it and users can apply for free supplementary cards.
Eligibility & Fees:
- Minimum Age: 21 years old
- Minimum Annual Income: S$30,000 (locals/PRs)
- Applicants who do not meet the minimum income requirement can submit a minimum Fixed Deposit Collateral of S$10,000.
- Annual Fee: Free for life for all Principal and Supplementary cards
Key Benefits:
- Unlimited 2% cashback (Min. spend of S$1,000) on dining, movies and entertainment, taxi and automobile and luxury goods
- Unlimited 1% (Min. spend of S$500) on all other spend with no minimum spend
- No annual fees for life
- Enjoy 50% off green fees at 42 prestigious golf courses across the region. Click here for the full list of participating golf clubs and program. Terms and Conditions apply.
Where Can I Use it:
Cashback | Categories |
2% unlimited cashback (min. spend S$1,000) | Wine & Dine – MCC 5811 (Caterers) – MCC 5812 (Restaurants and eating places) – MCC 5813 (Bar, Lounge, Disco, Nightclub, Tavern-Alcoholic Drinks) – MCC 5814 (Fast Food Restaurants) |
Online Food Delivery – Deliveroo – Foodpanda – GrabFood (Grab transactions under MCC 5814 classification – Fast Food Restaurants only) – WhyQ – Airasia Food | |
Movies and Digital Entertainment – MCC 5815 (Digital Goods – Audiovisual Media) – MCC 5816 (Digital Goods – Games) – MCC 5818 (Digital Goods – Multi Category) – MCC 7832 (Motion Picture – Theaters) | |
Taxi and Automobile – MCC 4121 (Limousines And Taxicabs) – MCC 5013 (Motor Vehicle Supplies And New Parts) – MCC 5511 (Automobile and Truck Dealers – Sales, Service, Repairs, Parts, and Leasing) – MCC 5521 (Automobile And Truck Dealers (Used Only) Sales – MCC 5531 (Auto Store, Home Supply Stores) – MCC 5532 (Automotive Tire Stores) – MCC 5533 (Automotive Parts, Accessories Stores) – MCC 5592 (Motor Home Dealers) – MCC 7531 (Automotive Body Repair Shops) – MCC 7534 (Tire Retreading And Repair Shops) – MCC 7535 (Automotive Paint Shops) – MCC 7538 (Automotive Service Shops) | |
Luxury Goods – MCC 5094 (Precious Stones and Metals, Watches and Jewelry) – MCC 5944 (Clock, Jewelry, Watch, and Silverware Store) – MCC 5948 (Leather Goods and Luggage Stores) | |
1% unlimited cashback (min. spend S$500) | All other spends |
Is it Worth it:
Advantages:
- Unlimited 2% cashback on some categories like luxury goods or cars. eg. Rolex or Hermes bag.
- No cap on bonus or base cashback earned
- No annual fee
Disadvantages:
- there are cards that are able to offer higher cashback with lower requirements for highly competitive categories like Online Food Delivery, Taxi and Automotive
Frequently Asked Questions:
When will the cashback credited: It will be credited on the account on a monthly basis in the following statement month.
Read Terms and Conditions Here
Final Thoughts:
- This card may only be for cashback hunters who spends a lot on luxury goods and even cars! Based on the MCCs, I do see that one could potentially get an uncapped 2% cashback on a car purchase (I would check the MCC of the company that i’m buying from beforehand).
Credit cards change their T&Cs every so often and it is difficult to stay updated. That’s why I created a Telegram Broadcast where you can receive timely bite-sized updates to get the most out of your spending.
CIMB World Mastercard Sign Up Promotion:
- Receive S$100 Cash via PayNow (New Cardholders) S$50 Cash via PayNow (Existing Cardholders) with no minimum spend
- Valid until 20 December 2024
- Read Terms and Conditions here
- Must fulfill spending requirement to receive gift confirmation
- Remember to check for SingSaver email to secure your rewards after you have applied!
Stackable with Direct Bank Rewards:
- Receive Up to S$188 Cashback
- Apply for select CIMB credit cards and make minimum spends to be eligible for reward:
- Make a minimum spend of S$108 within 30 days of card approval date to receive S$88 Cashback
- Make a minimum spend of S$988 within 60 days of card approval date to receive additional S$100 Cashback (S$188 total)
- Promotion is valid until 31 January 2025
- Promotion is valid for new CIMB credit cardmembers only
- Read Terms and Conditions here
We believe in always paying our credit card bills on time and in full. It is only by doing that, can we fully maximise our credit card benefits.
