CIMB Travel World Elite is better for the first year in terms of Miles: Local Spend (MYR) ratio.

After one year, The HLB World Elite is better. It is also possible to obtain the HLB World Elite by pledging RM 50k in FD, whereas CIMB World Elite is extremely selective.

Nevertheless, I wonder if it is straightforward to redeem flights on Emirates. It is very easy to redeem and confirm flights with Enrich.

Even Krisflyer operates a waiting list.

1 Enrich mile is worth RM 0.04165 officially when it is used to redeem a business class flight.

(One has to use enough miles to "pay" for the flight "in full"). The miles cannot be exchanged for cash and are always at risk of arbitrary inflation - when MAS adjusts the conversion rate.

Therefore, when comparing the miles to actual cashback offered by other credit cards, 1 mile is probably worth 50% less than its official "value". Maybe ? 1 mile = RM 0.0208

seriously, i rather redeem than pay.. i think 170k miles for rm7k tickets is good deal, unless you need to pay other fees more than rm2k