For comparison purposes only. Final terms are determined by the issuing bank.
Review
A Straightforward Cashback Card with Limited Headroom
The CIMB Cash Rebate Platinum Credit Card is positioned as a basic, low-maintenance cashback card designed for everyday spending. Its reward structure focuses on selected offline and essential categories such as petrol, groceries, cinema, and utility or mobile bill payments, making it more suitable for traditional in-store usage rather than digital-first spending.
Cashback rates on eligible categories are tiered based on the monthly statement balance. Cardholders earn 2% cashback when the statement balance is below the higher threshold, and up to 5% when the required balance is met. However, cashback for these categories is capped at RM30 per statement cycle, which significantly limits the maximum achievable rebate regardless of spending volume.
All other spending, including online transactions, earns a flat 0.2% cashback with no cap. While this ensures that no spend is entirely unrewarded, the rate is low compared to more specialised online or category-focused cashback cards. As a result, the card offers consistency rather than strong optimisation potential.
From a cost perspective, the card is easy to hold. It comes with no annual fee, removing any pressure to maximise cashback purely to offset holding costs. This makes it suitable as an entry-level or secondary card for users who prefer simple rules and predictable returns.
Verdict: The CIMB Cash Rebate Platinum is best suited for users seeking uncomplicated cashback on everyday offline spending without annual fees or complex conditions. While it lacks standout features and offers limited upside due to low cashback caps, it remains a functional option for low- to moderate-spend users who value simplicity over maximum returns.
Pros
- No annual fee
- Cashback on essential categories such as petrol, groceries, cinema and utilities
- Simple structure with no enrolment or date-based conditions
- Unlimited cashback on all other spend, including online transactions
- Low entry barrier suitable for new cardholders
Cons
- Low cashback cap of RM30 per statement cycle on core categories
- Online spending earns only 0.2% cashback
- Tiered cashback depends on monthly statement balance
- Overall cashback potential is modest compared to competing cards
- Limited appeal for high-spend or optimisation-focused users
Cashback
Rewards rates, caps and eligibility are subject to bank-defined terms and conditions.
Information is compiled independently and may not always reflect the latest updates. Please refer to the relevant official website for final and up-to-date details.
Upcoming
Card benefits
No specific benefits listed.