CIMB Visa Signature

[derrickgoh]

First Hurdle: Foreign currencies
Second Hurdle: Min S$50/transaction
Third Hurdle: Min S$500/month

Well worst case scenario I still get 0.5% rebate for using Visa Paywave. Currently I don't get any cash rebate when I use my POSB Everyday card for Mastercard Paypass and I only get Linkpoints not cash rebates when I use my OCBC Plus card for Visa Paywave.

So yeah even if its just 0.5% for Paywave, that's still better than what I get now which is NOTHING. Considering its free for life, why not?

 

[dante-z]

Everyday gets 0.3%

 

[derrickgoh]

Everyday gets 0.3%

But not for Paypass right? Anyway, this is 0.5%.

 

[denial86]

Prevents overspending.

Hmm if you're gonna spend then you're gonna spend mar.. How does it prevent overspending? Lol..

 

[dante-z]

Everyday everything get at least 0.3%

 

[F3Rm1nat0r]

Can you waive the $200 fee after first year and can the bonus miles given from paying thr annual fee be exchanged for cash rebate?

If both is no then ANZ Travel card cannot compare with CIMB visa infinite.

from what i understand anz travel card can waive the annual fee. but you wont get the free miles that come along when you pay the annual fee

 

[ccssgm]

It is just a $30k pa card. The 3.8% rebate is only applicable with min $500 spend in a statement month.

I gotten a phone call invitation. First 1000 approved card applicants who make any 3 transactions within the 1st month will get a free Xiaomi 1S worth $169

Edit: The free gift is also not guaranteed

Should the number of successful new Principal Cardmembers exceed the number of Gifts available for a particular month, the Principal Cardmembers with the highest spend for that particular month will be awarded the Gift.

Highest spend will be calculated based on transactions posted from the Principal Cardmembers’ card approval date up till and including the posting date of the 3rd transaction.

Make 3 transactions in same day also eligible for the Xiaomi

 

[hohohos]

Everyday everything get at least 0.3%

this card everything get 0.5% rebate...rebate on the monthly bill
straight away....not daily$

 

[hwmook]

Can you waive the $200 fee after first year and can the bonus miles given from paying thr annual fee be exchanged for cash rebate?

If both is no then ANZ Travel card cannot compare with CIMB visa infinite.

1. Yes, annual fees can be waived.

2. You get 10000 miles for paying the annual fees, these miles can be redeem for cash rebate worth over $180.

Both are yes, where did you get the wrong information or are you simply an ignorant CIMB promoter?

Guys, beware of some newbies who suddenly come into this sub-forums and give wrong information.

 

[edwinttt1978]

Hmm if you're gonna spend then you're gonna spend mar.. How does it prevent overspending? Lol..

Specifically, it prevents overspending in that month la.
That is, if i gonna spend when my rebate is reached for the month, i gonna KIV to the following month lor. And sometimes when an item is being KIV, i end up not buying at all.

Banks, by imposing a cap on monthly rebates, do not want us to "overspend" on our montly bills too.

 

[SCG8866T]

1. Yes, annual fees can be waived.

2. You get 10000 miles for paying the annual fees, these miles can be redeem for cash rebate worth over $180.

Both are yes, where did you get the wrong information or are you simply an ignorant CIMB promoter?

Guys, beware of some newbies who suddenly come into this sub-forums and give wrong information.

Thanks for the info. Will apply for a ANZ Travel card tmrw. Cant you tell that i am asking a question? Im not promoting anything, I just want to get some info on the ANZ point to rebate system. This means CIMB Visa Infinite is an inferior card compared to ANZ cos i seldom use the parking and priority pass.

 

[dango_daikazoku]

Any representative from CIMB here or any body here can pass me the contact of ther incharge for signing up to get the phone?

 

[cscs3]

Any representative from CIMB here or any body here can pass me the contact of ther incharge for signing up to get the phone?

By this time. All the 1000 phone may be gone already.

 

[derrickgoh]

The ANZ card is good except it requires $60,000 which not everyone earns. For those of us who don't qualify for it, I guess the CIMB is not too shabby.

 

[denial86]

Specifically, it prevents overspending in that month la.
That is, if i gonna spend when my rebate is reached for the month, i gonna KIV to the following month lor. And sometimes when an item is being KIV, i end up not buying at all.

Banks, by imposing a cap on monthly rebates, do not want us to "overspend" on our montly bills too.

Haha interesting way to look at it. Thumbs up!

 

[gravityz3r0]

The ANZ card is good except it requires $60,000 which not everyone earns. For those of us who don't qualify for it, I guess the CIMB is not too shabby.

If you choose the miles to be converted purely into cash rebate, how much % would that translate to? I tried doing some calculation and it comes to about 2.5%?

 

[SCG8866T]

If you choose the miles to be converted purely into cash rebate, how much % would that translate to? I tried doing some calculation and it comes to about 2.5%?

Yes that is insanely good in my view. Better than those 120k min income top tier cards...

 

[ccssgm]

Anyone Received the card ?

 

[derrickgoh]

Anyone Received the card ?

Mailed on Mon. Assuming its approved, I wonder takes how long to receive.

Only thing a bit troublesome with CIMB is that can't pay by internet banking unless you have a CIMB savings account. Can't pay via other banks so need to go to AXS station.

 

[derrickgoh]

Yes that is insanely good in my view. Better than those 120k min income top tier cards...

No doubt about that EXCEPT not everyone qualifies for $60K salary.