• CIMB Classic MasterCard

Secure Credit Limit

 

Take control of your finances with CIMB Classic MasterCard. Featuring a credit limit of S$500, coupled with unlimited privileges and benefits, it is a smart way to save as you spend.

Accepted Worldwide

 

Accepted at over 20 million establishments around the world, the CIMB Classic MasterCard is your perfect companion anywhere in the world.

Cross-Border CIMB Bank Smart Rewards

With discounts at over 1,000 dining, retail and lifestyle outlets throughout ASEAN, it has never been more rewarding to be a CIMB Credit Cardmember.

Free For Life

 

As a Principal CIMB Credit Cardmember, you will enjoy no annual or joining fees - for life.

Additional Features

Personal Identification Number (PIN)

  • For your convenience, you can withdraw cash from ATMs at CIMB Bank Branches in Singapore or at any MasterCard / Cirrus or Visa / Plus ATMs overseas. All just by requesting a PIN from us.

Eligibility

Annual Income

  • Working Adult: S$18,000 (income documents are required)
  • Tertiary Student: 18 years old and above.

Minimum Age

  • Working Adult: 21 years old
  • Tertiary Student: 18 years old (no minimum income required)
     

Note

  1. Applicants must be Singaporean or a Singapore PR and must not be an existing CIMB Credit Cardmember.
  2. CIMB Classic MasterCard comes with a S$500 credit limit.

 

Requirements

Working Adult - Documents Required (Non-returnable)

  1. A photocopy of NRIC (Both sides) of applicant; and
  2. For salaried employee - Latest computerised payslip OR CPF statement (For past 12 months) OR latest income tax notice of assessment.
  3. For self employed - Last 2 years' income tax notice of assessment AND bank statement (For 3 months).
  4. For commissioned or variable income earner - Last 2 years' income tax notice of assessment OR CPF statement (For past 12 months).

Tertiary Student - Documents Required (Non-returnable)

  1. A photocopy of NRIC (Both sides) of applicant; and
  2. A photocopy of the front of applicant's Student ID Card/Student Card Matriculation Card

Note

  1. Applicant’s parent/guardian must be a Singaporean or Singapore Permanent Resident.
  2. Addresses for both applicant and parent/guardian must be similar for verification purposes.
Product Name CIMB Credit Card / CashLite
Interest free period 23 days from statement date if bills are paid in full by the payment due date each month and there is no balance carried forward from the previous statement.
Interest on purchases (where applicable) CIMB Visa Infinite / Signature and CIMB World / Platinum MasterCard

2.125% per month (effective interest rate 25.5% p.a. subject to compounding if the charges are not repaid in full) on the transaction amount, chargeable on a daily basis from the date of posting until receipt of full payment (minimum charge of S$2.50).

If the minimum payment is not received in full by the payment due date of any Billing Statement, finance charges will be levied at the rate of 2.333% per month (effective interest rate of 28% p.a. subject to compounding) chargeable on a daily basis, on such amounts as are due and owing (subject to a minimum monthly charge of S$2.50 or such other sum as may be determined by the Bank). The finance charges will revert back to the effective interest rate of 25.5% when minimum payment is received in full by the payment due date. Any adjustment or reinstatement of interest rate shall take effect from the date of such Billing Statement immediately following the payment due date of a relevant Billing Statement.

CIMB Classic MasterCard

2.25% per month (effective interest rate 27% p.a. subject to compounding if the charges are not repaid in full) on the transaction amount, chargeable on a daily basis from the date of posting until receipt of full payment (minimum charge of S$2.50).

If the minimum payment is not received in full by the payment due date of any Billing Statement, finance charges will be levied at the rate of 2.333% per month (effective interest rate of 28% p.a. subject to compounding) chargeable on a daily basis, on such amounts as are due and owing (subject to a minimum monthly charge of S$2.50 or such other sum as may be determined by the Bank). The finance charges will revert back to the effective interest rate of 27% p.a. when minimum payment is received in full by the payment due date. Any adjustment or reinstatement of interest rate shall take effect from the date of such Billing Statement immediately following the payment due date of a relevant Billing Statement.
Interest on cash advances 2.333% per month (effective interest rate 28% p.a. subject to compounding on the amount withdrawn and the Cash Advance fee) chargeable on a daily basis from the date of withdrawal until receipt of full payment (minimum charge of S$2.50).
Minimum monthly payment CIMB Credit Cards

3% of the outstanding balance or S$50, whichever is higher, plus any outstanding overdue amount from the previous statement.

CIMB CashLite

Monthly instalment payable must be paid in full together with any outstanding overdue amount from the previous statement. The monthly instalments mentioned above does not apply to minimum payment provisions applicable to normal credit card transactions. If any monthly instalments becomes overdue, interest and late payment charges will be levied on such overdue instalment as well as other overdue amounts in your CIMB Credit Card account in accordance with the Cardmember’s agreement.
Late payment charges S$80 if (i) full payment of the outstanding balance (where the outstanding balance is S$50 or less) is not received by the payment due date; or (ii) if the minimum payment (where the outstanding balance exceeds S$50) specified in the statement is not received by the payment due date.
Annual membership fee Principal Cardmember: Nil
Supplementary Cardmember: S$75 per annum (N/A for Classic MasterCard)
1st year annual fee waiver for up to 2 supplementary cards.

Cash advance fee 6% of the amount withdrawn (minimum charge of S$15).
Early Termination Fee CIMB CashLite

3% of outstanding principal amount or $250, whichever is higher
Fees for foreign currency transactions CIMB World / Platinum / Classic MasterCard

Cross border fee of 0.8% is a service charge levied by MasterCard for transactions made outside of Singapore / with merchants outside of Singapore.

Currency conversion assessment of 0.2% is a service charge levied by MasterCard for transactions in foreign currencies.

Administrative fee of 1.4% is a service charge levied by CIMB Bank Berhad for transactions in foreign currencies (waived for CIMB Platinum MasterCard from 18 Jan 2016).

CIMB Visa Infinite / Signature

Cross border fee of 1% is levied by Visa for transactions made outside of Singapore/with merchants outside of Singapore in foreign currencies.

Cross border fee of 0.8% is levied by Visa for transactions made outside of Singapore / with merchants outside of Singapore in SGD currency.

Administrative fee of 1.4% is a service charge levied by CIMB Bank Berhad for transactions in foreign currencies (waived for CIMB Visa Signature from 18 Jan 2016).
Dynamic currency conversion fee 0.8%
Fees Charged for Accounts In Excess of Approved Limit
 
For each occasion that the credit limit is exceeded, S$50 or 5% of the excess amount, whichever is higher.
 
Replacement Card
 
S$20 per card.
 
Unsuccessful Payment Service Charge
 
S$40 for any returned cheque and S$10 for any rejected Interbank Giro payment.
 
Request for Card Statement
 
S$5 per monthly statement. For retrieval of statements that are more than 3 months old, a fee of S$10 per copy applies.
 
Request for Sales Draft
 
S$5 per copy.
 
Payment hierarchy All payments that are received will be first applied to the outstanding balance that attracts the highest interest rate, and then to the next highest interest bearing balance, and so on.
Lost / Stolen Card Liability S$100 (For details, refer to clause 9 of ABS Guide on 'What You Should Know About Credit Cards' by clicking here.
There may be circumstance in which you have to pay other fees. Please refer to the CIMB Credit Cards Cardmember's Agreement for the full list of terms and conditions.

For all Terms & Conditions governing the CIMB Classic MasterCard, you can learn more by clicking on the links below:

 

 

Get In Touch
Classic MasterCard Hotline
+65 6576 6688

sg.cardcentre@cimb.com