CIMB AWSM Credit Card

Eligibility for CIMB AWSM Card

To be eligible for the CIMB AWSM Card, you'll have to meet the following criteria:

For Students and NSFs:

• Age between 18 to 29 years old
• No minimum income requirement

For Salaried employees:

• For age <35 years old: Annual income of S$18,000
• For age >35 years old: Annual income of S$30,000

Fees and Charges for CIMB AWSM Card

• Annual Principal Card Fee: Free
• Interest-free Period: 23 days
• Annual Interest Rate: 27%
• Minimum Monthly Payment: 3% or $15, whichever is higher
• Late Payment Charge: $80
• Cash Advance Fee: 6% (minimum charge of $15)
• Overlimit Fee: 5% or $50, whichever is higher

The Best Cash Back Credit Cards Review 2020: How does CIMB AWSM Compare?

Pros

Considering the age of eligibility and its areas of cashback, CIMB AWSM is a card geared towards the younger crowd. CIMB AWSM is a suitable starter card for young adults as it requires a very manageable annual income of S$18,000 for salaried applicants, and is also accessible to NSFs and non-income-earning applicants like students above 18 years old. Moreover, its annual fee is also free, and its cashback rewards have no cap!

Cons:

If you fall outside this intended age group, the rewards and lower-income requirement might not be of much incentive for you. If your spending habits do not fit the categories of dining, entertainment, online shopping and telco, perhaps other cards might be better for you.

Still unsure? Find out everything you need about credit cards - including what the best credit cards in Singapore are for miles and Cashback, factors to consider before getting one, fees to know, and why a good credit score matters.

You can also pose questions (anonymously, if you'd prefer) on Seedly Community .

Terms and Conditions of CIMB AWSM Card

• Applicants must be a Singaporean or Singapore PR in order to apply for CIMB AWSM Card
• Applicant must not be an existing CIMB credit card member
• Online submission is not available for applicants 21 years old and below
• This is a credit card for students thus students below 21 years old are not applicable for online submission for approval
• Transactions that are classified under cashback on dining entertainment includes all local and overseas transactions made at restaurants and cafes, including fast food, bars, taverns, caterers, lounges and nightclubs
• Transactions that are classified under online shopping telco includes shopping websites selling apparels, accessories, shoes, bags, Telco companies in Singapore such as M1, Singtel, Starhub, Circles.Life and MyRepublic
• There is no spending requirements to qualify for the unlimited 1% cashback
• There is no cap for cashback

How to Apply for CIMB AWSM Card

These are the Required Documents to apply for CIMB AWSM, with these documents, you can Apply Online or Visit CIMB .

• A photocopy of applicants NRIC (both sides)
• For Salaried Employees: Latest computerised payslip, or CPF History Statement (for past 12 months) or Latest Income Tax Notice of Assessment
• For Self-Employed: Latest 2  years income tax notice of assessment AND Bank Statement (for 3 months)
• For Comissioned or Variable Income Earners: Latest 2 years income tax notice of assessment OR CPF Contribution History Statement (for past 12 months)
• For Tertiary Students: A photocopy of NRIC (both sides) of applicant AND A photocopy of applicant's Student ID Card/Student Card/Matriculation Card (front)
• For NSF: A photocopy of SAF / SPF / SCD 11B Identification card (both sides)
• For Applicants below 21 Years Old: A photocopy of NRIC (both sides) of applicant's parent / guardian. Applicants below 21 cannot opt to apply online.

About CIMB

CIMB Group is a leading ASEAN universal bank as well as the world leader in Islamic finance. They are headquartered in Kuala Lumpur, Malaysia. CIMB offers consumer banking, commercial banking, investment banking, Islamic banking and asset management products and services. CIMB have around 14 million customers and made up of 36,000 staff.