CIMB Lite-i Credit Card
An Islamic credit card offering a fixed 14% p.a. profit rate for cardholders, no annual fee and 0% instalment plans for purchases of RM500 and above.
Eligibility
Minimum Monthly Income
RM 2,000 (RM 24,000 annually)
Min. Age
Cardholder: 21 years old
Resident Status
Anybody
Documents required to apply:
You will need to provide several documents such as (varies between different banks):
Salaried Employees (Malaysian)
- Minimum latest 1-3 months' payslip
- Minimum 6 months' EPF statement
Self-Employed (Malaysian)
- Minimum latest 6 months company bank statement
- Business Registration Document
- Latest income tax return Form B AND LHDN payment receipt OR
Fees & Charges
Profit Rate
14%
Annual Fee
RM 0
Free*
Late Payment Compensation
RM 50 or 5% of the outstanding amount, whichever is higher
Profit Rate
14%
Features
0% Flexi Payment Plan-i for 6 Months
Convert a single purchase of RM500 or more into six monthly instalments at 0% profit. The promotion runs from 7 October 2026 to 31 October 2027, subject to CIMB's FPP-i eligibility terms.
14% p.a. Profit Rate
All cardholders enjoy a fixed profit rate of 14% p.a. (1.17% monthly) on retail purchases and cash advances, regardless of their payment history. CIMB may revise the rate by giving 21 days' notice.
Shariah-Compliant Credit Card
The card uses the Tawarruq (Commodity Murabahah) structure offered by CIMB Islamic Bank. Cardholders pay a profit rate instead of interest. Late payments incur ta’widh (compensation) of up to RM100, which doesn't compound.
Terms and Conditions
Product review by CompareHero
Fixed Profit Rate of 14% p.a.
The CIMB Lite-i Credit Card charges a fixed profit rate of 14% p.a. (1.17% monthly) on retail purchases and cash advances. The rate applies to all cardholders regardless of their payment history, rather than changing based on how consistently they settle their outstanding balances. CIMB may revise the rate by giving 21 days' notice.
No Annual Fee and No Spending Rewards
Both principal and supplementary cards come with RM0 annual fees. However, cardholders are still subject to RM25 service tax per card upon activation and each renewal. The card does not offer cashback, reward points or travel and dining privileges.
0% Flexi Pay Plan for Eligible Purchases
From 7 October 2026 to 31 October 2027, cardholders can convert a single eligible purchase of RM500 or more into six monthly instalments at 0% profit under CIMB's Flexi Pay Plan (FPP-i). For example, a RM1,200 purchase would be split into six instalments of RM200 each, subject to the plan's terms and eligibility requirements.
Other Fees and Charges
Cash advances are subject to a fee of 1% of the amount withdrawn or RM4, whichever is higher. The 14% p.a. profit rate also applies from the day the cash is released. Late payments incur ta’widh (compensation) of up to RM100, while overseas transactions are subject to the Visa or Mastercard exchange rate, a 1% administrative fee and any additional card scheme charges.
Eligibility and Credit Limit
Applicants must earn at least RM24,000 annually, equivalent to RM2,000 per month. The credit limit is capped at the lower of RM20,000 or twice the applicant's monthly income. Applicants aged 21 and above who cannot provide income documents may pledge an FD-i with CIMB, up to RM20,000, instead.