I just started calculating my cash back this month. The following transactions are eligible for 5% online transactions cash back:

- Expedia (EXPEDIA XXXXXXXXXXXXX EXPEDIA.MY ES)
- KFC Delivery via website (KFC DELIVERY-EC KUALA LUMPUR MY)
- Dominos Pizza via website (DOMINO'S PIZZA SELANGOR MY)
- GSC via website (GSC ALAMANDA PUTRAJAYA PUTRAJAYA MY)
- AWS bill (Amazon web services aws.amazon.coUS)
- Microsoft Office 365 monthly subscription (MICROSOFT *OFFICE 36 XXXXXXXXXX SG)
- Grab (*GRAB TAXI PETALING JAYAMY)

The following transactions are eligible for 2% groceries cash back:

- Mymydin (MY MYDIN-PUTRA WALK SERI KEMBANGAMY)

Sadly, one transaction which I was hoping to get 5% cash back only got 0.2% cash back:

- YNAB yearly subscription (YOU NEED A BUDGET LEHI US)

Not sure why I didn't get it since it's obviously an online transaction. Any clues why?

Overall, my cash back for this card is only 1.92% and 1.69% for principal and supplementary respectively. It's low because I only found out PTPTN didn't qualify for 5% cash back anymore.

This post has been edited by imnotabot: May 30 2017, 06:16 AM

Yes, there's border fees for those 3, and I paid in MYR for Expedia and Microsoft, and USD for Amazon.

Ah, thanks! I will definitely try that.

Payment is made via web.

For Agoda, if it says "Pay nothing until...", does this means pay later, and it's only eligible for 0.2% cash back? Or pay later is referring to the case where you book online and pay at the hotel? How does the "Pay nothing until..." works anyway? Your credit card will be automatically billed after the specified date?

Update on this issue: After emailing to CRU last week, a representative from CRU finally called me to elaborate on why I didn't get cash back for YNAB. According to her, the transactions are not eligible for the 5% online cash back because the merchant uses a standing instruction payment term (may not be what she said exactly, because my memory is bad). Because of this, the transactions are categorized as standing instruction on CIMB side, so they are only eligible for the 0.2% cash back.

However, to honour my request, CIMB has decided to reward me the 5% cash back for these transactions for one time only. This is good enough for me.

What do you mean by offset payment? You don't need to offset anything. Every time you receive your statement, you just pay the statement balance. The cashback you receive will be deducted from the statement balance already.

This post has been edited by imnotabot: Jun 8 2017, 10:17 AM

CIMB Cash Rebate Platinum MasterCard. 5% cashback for online transactions capped at RM30. You can find more information by reading the first page of this thread.

Refer to first page, or try searching the thread. If there are no results, it most probably means that no one have tried yet. You can be the first one to try and report it here.

The 15% cashback is only limited to this year only, capped at RM25. After that it's only 1% cashback for Lazada, with RM10 annual fee. CIMB CR is way better with 5% cashback and no annual fee.

1. It's a prepaid card, not a credit card. Thus you lose some of the advantages of using a credit card, such as the ability to delay payment, fraud protection, and improving your credit score.
2. The 15% cash rebate (i.e. cash back) is only available until the end of this year, capped at RM25 a month. Starting next year, it's only 1% cash rebate.
3. It has RM10 annual fee (starting second year I think).

Because of these 3 points, I feel that CIMB CR is way better because (1) it's a credit card, (2) it has 5% cashback for many online merchants, not just Lazada, capped at RM30 each month, and (3) it has no annual fee.

If you want to apply for it, go ahead. Since it's a prepaid card, the application process should be simple, and you don't have to be approved — you'll get it 100%.

The following merchants are eligible for 5% online transaction cashback:

- Purchase game from PSN (with 1% cross border fee): PLAYSTATION NETWORK INTERNET HK
- Digitalocean bill (with 1% cross border fee): DIGITALOCEAN.COM 6463978051 US

Sri Ternak food mart in Seri Kembangan is eligible for 2% groceries cash back. Merchant is SRI TERNAK MART (SK).

You first CIMB CC? Why not just apply online? There's currently a signup promo where you can get RM100 Tesco voucher, JBL Go speaker, or Electrolux coffee maker.

https://www.cimbclicks.com.my/form/Terms%20...15-%20Final.pdf

Why not just apply both and get RM100 + RM200?
Anyway, in my opinion, Tesco voucher is better than Lazada voucher since I can use it to buy groceries. Indirectly, I am converting the voucher into RM100 cash, where I have the freedom to do anything I want with the cash (save it, invest it, etc.).

Banks have the right not to tell you why they rejected your application.
Is this your first credit card? If yes, then it's normal for your credit card applications to get rejected due to a lack of credit history. This happened to me too. I just tried again after a few months.

It's normal for banks to reject your application if you don't have sufficient credit history. When I first started using credit cards, my applications were regularly rejected. If I'm not mistaken, it took me 3 applications to get CIMB CR, with 1 – 2 months gap between each applications.
After 7 – 8 months, it got easier to get approved. I once applied for 3 credit cards from 3 different banks in a single month, and surprisingly all were approved.

I saw this yesterday night around 8pm. I transferred RM20 to my wife's CIMB account, and then used my wife's phone to transfer RM20 to my CIMB account. I hope we both get it lol.

Because credit card is an unsecured debt. If you end up not paying your credit card debt, it's difficult for the bank to get their money back. They can only threaten you with words and legal actions.
Hence, credit card is risky to the bank, so they want to make sure that they only give it to those who have a high chance of paying them back. If you don't have a credit history, they just assume that you are risky and reject your application.

On the other hand, debts like car loan or house loan are secured debts. If you end up not paying your loan, the bank has the right to take away your car or house. The bank can then sell it to get some of the money back. So it's a bit easier to get approved secured loans compared to credit cards.

It's neither. After the statement has been issued, you have 20 days to pay the statement balance before any interest is charged.
Just wait for your first statement. It will state the due date of the payment like so:

If I'm not mistaken, when you carry a balance, you will be charged interest daily.
So if your balance is RM300, then everyday you will be charged RM300 x 18% / 365 = RM0.15.
If your balance is RM1300, then everyday you will be charged RM1300 x 18% / 365 = RM0.64.
To precisely calculate the interest charged is cumbersome. Most of us are not concerned by the interest rate simply because we never carry a balance.

Hence, it is highly recommended to pay off your balance in full every month. If you are thinking not to pay in full, I highly recommend that you stay away from credit cards, as it can potentially ruin your finance.
Like seriously. Every now and then you can see a thread pops up in the forum about someone asking for advice to fix his/her financial problem, and the culprit is usually credit card debt.

This post has been edited by imnotabot: Sep 25 2017, 09:25 AM