Asked by Anonymous
Asked on 07 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
The cashback will be automatically credited into the Cardmember’s card account in the following statement month. (From their FAQ)