CIMB Bank
CIMB PETRONAS Mastercard®

CIMB PETRONAS Mastercard®

RM 2,000

Minimum monthly income

RM 0

Annual fee
waived for life

15%

Interest rate p.a

7.99%

Balance transfer rate (fixed)

Product details

Features
Good for No Annual Payments & Cashback
7% cash rebate for Setel transaction at PETRONAS with statement balance of RM1,500 and above
5% cash rebate with statement balance of RM1,500 and above at PETRONAS using CIMB PETRONAS Platinum-i
3% cash rebate with statement balance below RM1,500 at PETRONAS using CIMB PETRONAS Platinum-i
0.2% cash rebate on other retails spend
Exciting benefits at Automobile related partners (Lim Tayar/Cars/Raytech CS)
0% Easy Payment Plan for selected auto-related merchant
Eligibility
Minimum monthly incomeRM 2,000
Minimum age:
Cardholder21
Supplementary Cardholder18
Fees & Charges
Annual fee RM 0
waived for life
Annual fee waiver Yes
waived for life
Late payment fee RM 10/1%
1% of the outstanding balance or RM10, whichever is higher (to a maximum of RM100)
Interest rate 15%
Settling minimum payment due for 12 consecutive month
Balance transfer rate (fixed) 7.99%
12 months Balance Transfer period
Document required to apply

You will need to provide several documents such as (varies between different banks):

Salaried Employees (Malaysian):

Multinational / Public listed Companies/Government/Semi Government office

  • Photocopy of MyKad (both sides)
  • Latest month salary slip for fixed Income earner or latest 3 month salary slip for Variable Income Earner OR
  • Latest EPF statement with minimum 6 months contribution.

Other Companies

  • Photocopy of MyKad (both sides)
  • Latest 3 month salary slip
  • Latest EPF statement with minimum 6 months contribution.

Self Employed (Malaysian):

  • Photocopy of MyKad (both sides)
  • Minimum latest 6 months company bank statement OR
  • Photocopy of Business Registration Form
  • Latest income tax return Form B AND LHDN payment receipt OR
  • Latest income tax return Form B AND e-filing acknowledgement receipt

Product review by CompareHero.my

If you happen to be travelling almost every week, most of your expenses will be spent on petrol. With the CIMB PETRONAS Mastercard, you’ll be able to earn a certain amount back whenever you swipe the card at PETRONAS.


Receive cash back for your petrol and retail transactions

Have you considered downloading Setel, an app that offers a more convenient way to pay for your petrol? Everything is going digital nowadays, so if you haven’t considered it, you should as you will receive up to 10% cash rebate when you link your CIMB PETRONAS Platinum Mastercard with the Setel app. The 10% cashback is only applicable if you spend a minimum amount of RM1,500 and above.


However, if you don’t use the Setel app to pay for your transactions made at PETRONAS, you can still earn 5% when you spend a minimum amount of RM1,500 and above. If you don’t meet that minimum requirement, you can earn 3% cashback when you spend below RM1,500.


Note: The cashback is capped at RM30 a month for transactions spent at PETRONAS.


If you swipe your CIMB PETRONAS Platinum Mastercard at any other retail outlets, you can receive 0.2% cashback with no limited monthly cap and minimum spend required.


Additional perks for car enthusiasts

The PETRONAS Platinum Mastercard by CIMB also offers great discounts and deals for those who love to accessorize their cars. At participating CARS International outlets, receive 25% OFF for their premium services such as HAADO and SONAX coating. Other than that, you can also receive a 15% discount for the Cars Gold Loyalty Program. You could also receive a 15% discount for car window tinting services at participating RAYTECH CS outlets.


Note: These promotions are only valid until the 31st December 2021.


Travel benefits with the CIMB PETRONAS Mastercard

More often than not, we tend to head over to The ZON Duty Free outlets when we are in need of purchasing products free from tax. When you swipe your CIMB PETRONAS Mastercard at participating outlets, enjoy 10% OFF from your total bill.


If you travel with flights other than driving, rest assured you will be fully protected and covered with travel insurance when you purchase your air flight tickets with your CIMB PETRONAS Mastercard. The situations that are covered include flight delays and lost luggages.

FAQs

Apply for the CIMB PETRONAS Platinum Mastercard through our website! All you have to do is just fill in your details online and we will take it from there. It only takes two steps, and you are able to send in your application. Everything will be done online, hassle-free. We understand applying online may be confusing for some or problems may arise, so you could contact our customer service at +6012-385 0211. 

In order to apply, you must be earning a minimum amount of RM2,000 every month. Aside from that, the age requirement is 21 years old and above for principal cards. Supplementary cards are for those with the age 18 years old and above. 

There will not be any annual fees for the CIMB PETRONAS Platinum Mastercard for as long as you own the credit card. There are no requirements needed to be met to get your annual fee waived as well. 

For principal and supplementary cardholders, there will be a sales and service tax charge which is RM25. A late payment charge is also applied when you make your repayments late which is at 1% or RM10 from the total amount due, capped at RM100. The cash advance amount has a credit limit of 80% as well with a charge of 5% or RM15 of the total amount. 

  • Receive up to 10% cash back for Sentel transactions 
  • Receive 5% cash back at PETRONAS stations with a minimum spend of RM1,500 and above 
  • Receive 3% cash back at PETRONAS stations for spendings below RM1,500
  • Receive 0.2% cash back at retail outlets with no minimum spend 
  • Discounts and promotions for CARS International and RAYTECH CS 
  • No annual fees with no minimum requirements 

For those who happen to be on the road more often and regularly spends most of their monthly income on petrol alone. Other than that, those who love to accessorize their cars as well would enjoy the discounts offered. 

CIMB PETRONAS Mastercard®
CIMB PETRONAS Mastercard®
Apply now