HWZ Forums

Login Register FAQ Mark Forums Read


Like Tree1Likes
  • 1 Post By BBCWatcher
LinkBack Thread Tools
Old 01-08-2018, 09:49 AM   #1
Master Member
Join Date: Sep 2006
Posts: 2,671


1% cashback on Dining & Entertainment, Online Shopping
1% cashback on Telco spend

No annual fee

yiptw89 is offline   Reply With Quote
Old 01-08-2018, 09:54 AM   #2
Master Member
Smokey.B's Avatar
Join Date: Jan 2009
Posts: 2,709
isint SCB unlimited better?
Only You Can Prevent Wildfires.
Smokey.B is offline   Reply With Quote
Old 01-08-2018, 12:04 PM   #3
Senior Member
Join Date: Aug 2016
Posts: 533
Two interesting conditions:

Applicant must be a Singaporean or Singapore PR
Applicant must not be an existing CIMB Credit Cardmember
vegavega25 is offline   Reply With Quote
Old 01-08-2018, 12:35 PM   #4
Supremacy Member
Join Date: Oct 2014
Posts: 5,361
This card is awful...
Zaalaa is offline   Reply With Quote
Old 01-08-2018, 01:02 PM   #5
Master Member
Join Date: Aug 2009
Posts: 3,979
Prefer SC unlimited 1.5%
zack14 is offline   Reply With Quote
Old 01-08-2018, 02:02 PM   #6
Senior Member
dexboi's Avatar
Join Date: Oct 2007
Posts: 1,858
Their target segment is different - Students and low income earners. Almost like the $500 credit limit card.

MayBank eVibes $500 Credit Card is still better. CIMB AWSM have too many T&Cs already. And what the fuk does AWSM stands for?
dexboi is online now   Reply With Quote
Old 01-08-2018, 03:54 PM   #7
Supremacy Member
Join Date: Jun 2010
Posts: 6,768
This card is awful...
No, it's actually pretty good for its target market.

It's essentially a replacement for CIMB's Classic Mastercard, because it's available to lower income applicants (minimum $18,000/year income for those under age 35). A $500 credit limit is possible, or perhaps even MAS-required at a lower income level, but once your income gets high enough you can request a credit limit review and get a higher approval. Like all CIMB credit cards at present, it's only available to citizens and PRs. There's no annual fee for life, which is awesome.

The 1% rebate is pretty broad and pretty reasonable. However, it's not a great overseas credit card. (CIMB has two other credit cards that are better for overseas use.)

Maybank's eVibes credit card is not really competitive with this CIMB AWSM credit card because eVibes is only available to tertiary students and some NSmen. CIMB's AWSM is available to a broader, low income audience. Also, CIMB doesn't require any minimum use. You can get a AWSM on a limited income and then keep it forever, without chopping off the earliest part of your credit history. eVibes requires you to use the card at least once every quarter in order to avoid a quarterly fee. That's not a terrible requirement, but it's also not a "stuff it in a drawer and forget about it" arrangement. eVibes does have a better rebate offer since it's more universal.

Both cards have their merits.
dexboi likes this.
BBCWatcher is offline   Reply With Quote
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Terms of Service for more information.

Thread Tools

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On