Credit Card

Asked by Anonymous

Updated on 18 Apr 2019

I currently am thinking of applying for a cashback credit card with CIMB. However, I do not have any savings account or any sort of account with CIMB. My question is, where does the cashback go to??


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Gabriel Lee
Gabriel Lee,
Level 6. Master
Updated on 09 Dec 2018

Hi, the cashback that you qualify/earn for this month will be automatically used to offset the amount due/payable for your next month's credit card statement.

E.g. Assuming you have a new card

16 SEP - 15 OCT: Amount due: $245 Cashback earned: $2.45 Amount payable: $245

16 OCT - 15 NOV: Amount due: $150 Cashback earned: $1.50 Amount payable: $150 - $2.45 = $147.55

Ps I'm using a CIMB cashback credit card too


Lok Yang Teng
Lok Yang Teng,
Level 6. Master
Answered on 09 Dec 2018

The cashback will be automatically credited into the Cardmember’s card account in the following statement month. (From their FAQ)