From now till 31 July 2021, new-to-bank customers who apply for selected CIMB credit cards and spend S$500 per month for the first two months will get a pair of Jabra Elite 75t headphones (worth S$288) or S$120 cash.
|⚠️ CIMB defines “new-to-bank” as customers who do not currently hold a principal CIMB credit card, and have not done so in the past 12 months.|
Which CIMB cards are eligible?
The following CIMB credit cards are eligible for this offer.
|Card||Income Req.||Annual Fee||Key Features|
|CIMB Visa Signature|
|S$30K||None||Up to 10% cashback on online shopping, groceries, cruises and more|
|CIMB World Mastercard|
|S$50K||None||Up to 2% cashback on dining, entertainment, automobile and duty-free|
|CIMB Visa Infinite|
|S$120K||None||Up to 2% cashback on travel, FCY|
All CIMB cards are free for life for both principal and supplementary cardholders.
Applications must be received by 31 July 2021, and cards must be approved by 14 August 2021. Once again, take note that this promotion is for new-to-bank customers only; existing customers will not receive any gift.
The full T&C can be found here. Do note that there is an error which states the qualifying spend to be S$350- this is incorrect and will be updated shortly.
- Apply through any of the links in this article
- You will be directed to a SingSaver landing page. Enter your email address and click “confirm”
- Complete your application and take a screenshot of the Application Reference Number (for CIMB, this is 8 alphanumeric characters, e.g 1-xxxxxxx)
- Fill in the SingSaver rewards form that will be sent to your email. It’s vital you fill in the form. No form, no reward.
You’ll be able to indicate your choice of gift in the rewards form if applicable.
The approved card must be activated and a minimum qualifying spend of S$500 charged in the first 30 days from approval, and another S$500 charged during the subsequent 30 days (i.e. S$1,000 total).
For example, if your card is approved on 17 July 2021, your first 30 days runs from 17 July 2021 to 15 August 2021, and the second 30 days from 16 August 2021 to 14 September 2021.
According to the T&C, qualifying spend refers to any retail transactions (including internet purchases) which do not arise from:
- ez-Link/ Transit Link top-up and reload
- Cash advances
- Balance transfers
- Fund transfers
- CIMB 0% i.Pay Plan
- Interest Charges
- Amounts brought forward from previous statements
This is surprisingly unrestrictive- there’s no exclusion for categories like insurance, education, government transactions, charitable donations, hospital or utilities bills. Heck, even GrabPay top-ups aren’t excluded. In fact, according to several data points in the GrabPay Telegram Group, the CIMB World Mastercard earn rewards on GrabPay top-ups.
Assuming that still holds, you could use the CIMB World Mastercard to top-up your GrabPay account, use the balance to pay your bills via AXS (including income tax), and earn S$120 + 1.5% cashback in the process.
Cash gifts will be fulfilled by SingSaver within five months of meeting the qualifying criteria (note this is longer than the usual 3-4 months). If you’re not comfortable with this timeline, please don’t apply; you’re just going to get annoyed with the wait.
Any enquiries about gift fulfillment should be sent to [email protected]
The CIMB Visa Infinite is the only no-fee Visa Infinite card I’m aware of in Singapore, and is well worth getting if only for access to Visa Infinite privileges like the concierge (useful for booking restaurants in Japan, albeit not those super fancy ones that require hotel concierges), 4th night free on hotel bookings, and other assorted deals.
If nothing else, this is an opportunity to earn a 12% rebate on S$1,000 of spending, and it’s hard to argue with that.