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?? - Seedly
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Anonymous

Asked on 07 Dec 2018

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
Gabriel
Level 8. Wizard
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

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Yang Teng
Yang Teng
Top Contributor

Top Contributor (Aug)

Level 9. God of Wisdom
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)

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