I accidentally paid my last statement twice (due to auto transfer) and managed to transfer the balance (+CB) into my SA. But it was done when I canceled my card. No point keeping it if I don't use it. Wait 6 months can be entitled for new customer gifts/promos.

Yes, for RM 30 and I have applied a RM 60 voucher, so still saved RM 90.
YOLO will be used for Double 11.

Agent that trying maximize comission. Lol.

Then you need to do your part cancel it. It is easy to call and ask to cancel.

I'm sure they love you a lot!

RIP CIMB CB. time to go to my drawer

Alright, you plan to keep your CIMB Cash Rebate card in the drawer for a year without using the card, and cancel your card one year after the first cancellation date.

I remember one of your great advices, which is to cancel unattractive credit cards, so that we can become "new-to-bank" cardholders after 6 months, and enjoy better card sign-up benefits. So, I plan to cancel my CIMB Cash Rebate card, after my next statement date.

Good idea, will cancel tomorrow!

Seriously...you MUST argue. let's say your statemetnt is 1000, cash rebate is RM30....the remaining value is RM970

You should able to pay only remaining balance since CIMB not supposed to impose any charges on on transactions that are not yet statemented.

Plus in their T&C stated cash rebate shall be utilized as PAYMENT towards outstanding balance


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cimb already revised the way cb is awarded.

before July 2015, cb was posted on the last day of your statement date. hence, you pay nett statement balance (because cb already inclusive within the statement).

July 2015 onwards, cb crediting was adjusted and is posted after your statement date, hence it doesnt reduce the already-generated statement.

THat is why what CIMB is doing is wrong and purely EVIL. Maybank & PBB are more honest on this matter.

statenebt balance RM600
cash rebate - RM30
outstanding RM570

why should we pay more when the actual outstanding already less? THat's what happen when we want to stp using the card, we ended up having positive balance floating inside the card for no reason. We are not getting the cashback in the end

Let's say you use the card again next month, let's say RM100, after pay the remaining outstanding of RM570, the actual outstanding is RM100. So how can they charge customer on the RM100 that is not yet statemented?

So for the initial case above finance charge RM29 is according to the unpaid statment balance of RM30?? WHat is the % of finance charge?

diff bank has diff policies. moot discussion to "force" cimb to behave like mbb or pbb.

why not drag hlb and uob in as well? both uob yolo and hlb wise cb is 1 mth late too, impossible to wait for the cb to be credited without hitting the due date first.

just cut the card if not satisfied. file report to bnm if still not satisfied. there are many other cards out there.

but there's always a risk that application will be rejected in the future.


sure yes we don't like it but well terms and conditions is there quite obvious. u could have chosen not to use the cc.

Yes, you raised a good point there. Well, there is no method which is 100% perfect.

Correct me, if I am wrong. In terms of cash rebate, the only worthy credit card from CIMB is this CIMB Cash Rebate Card (till 31 October 2017). Since CIMB is downgrading the cash rebate of this card, there is no other worthy card from CIMB anymore. So, I may not have the need to apply for a new credit card from CIMB in the future. I do not suppose that CIMB will introduce a new credit card, that is worth our consideration.

It is extremely unlikely that CIMB will reinstate the online cash rebate of this card, even with mass cancellation of this card.

WE can hope that CIMB will benchmark MBB case (MBB2Cards)
The benefits reinstated after 2 years+.

They might reinstate some sort of online cash back down the road, as in the case of MBB 2cards. We just need to start cancelling cards that are no longer useful.

Let's see, what other cards (any bank) which reinstated back the old benefits besides M2Cards?
Nil.

This post has been edited by fruitie: Oct 30 2017, 11:19 AM

let's say if u cancel the CR card but still hold other cards from cimb. then it won't be a "new to bank" cardholder anyway right?
the terms of the new cimb cr card really puts me off but i still hold their cimb preferred VI (very good for overseas lounge use around south east asia)

Whether deduct now or later also did not change much. Unless you only allocate this exact amount to pay the CC.

Then the customer will love to cancel.
Anyway, first time heard send 5 cards to customers.

I guess this customers income should be.... very value..