going to join back CIMB CC; been looking at the new Petronas VI-i and Petronas Plat-i

some curious questions on how the cb works

1) CB is based on statement month or calendar month? --- from T&C, it's by statement month

2) when does CB credited? -- from T&C, it will be credited "in the next month’s statement". is there a fixed posting date or roughly when?

caveat: "Cash Rebate(s) earned by the Cardholder(s) for each current month will not be posted to the Cardholder(s)’ Co-Brand Card account in the next month’s statement if the Cardholder(s) fails to make the minimum payment due by the Due Date stated in the current month’s statement."


Seems like cb is delayed 1 statement month


3) cashback tier based on the clause "*Statement Balance includes any outstanding balances which are carried forward from the previous month’s statement and new transactions made on the current month’s statement. Any payments made before the current month’s statement date will be taken into account in calculating the current month’s Statement Balance."

If i understand this correctly, the mechanism is similar to Affin Duo's?


thanks

technically not monthly spend

more of statement balance amount...

// *Statement Balance includes any outstanding balances which are carried forward from the previous month’s statement and new
transactions made on the current month’s statement. Any payments made before the current month’s statement date will be
taken into account in calculating the current month’s Statement Balance. //

so, the 8 Aug t&c only indicate ewallet exclude from rewards/cb earning.

also, nobody can validate now because we haven't cross 8/8 yet.

https://www.cimb.com.my/en/personal/importa...ugust-2023.html

https://www.cimb.com.my/en/personal/importa...conditions.html

This post has been edited by cybpsych: Aug 3 2023, 11:30 AM

more details https://www.cimb.com.my/en/personal/importa...conditions.html

Amendments: https://www.cimb.com.my/content/dam/cimb/pe...ampaign-tnc.pdf

Important Notice: Revision on Credit Card related Terms and Conditions
Date: 10 August 2023

Dear Valued Customers,

Effective 1 September 2023, Duitnow QR Transactions performed using a CIMB credit card will no longer be eligible for any cash rebate, rewards and/or bonus points.

https://www.cimb.com.my/en/personal/importa...ember-2023.html

---

Added on
Important Notice: Notice of Amendments to the Member Rewards Programme Terms and Conditions
Date: 10 August 2023

Dear Valued Customers,

Effective 1 September 2023, the Member Rewards Programme Terms and Conditions (“Terms and Conditions”) will be amended. Summary of amendments to the above mentioned Terms and Conditions:

1) CIMB will no longer be providing cash back as a reward under the Member Rewards Programme. Redemption of Bonus Points for cash back will be removed from the Member Rewards Catalogue.

2) Duitnow QR Transactions performed using a CIMB credit card will no longer earn any Bonus Points.

The revised Terms and Conditions can be access via the link below: https://www.cimb.com.my/content/dam/cimb/pe...rogramme-tc.pdf

https://www.cimb.com.my/content/dam/cimb/pe...-rewards-tc.pdf

read properly

it stated bonus points REDEMPTION into cashback value

meaning cannot earn points and convert it into $$

fyi, statement-ed @ 19 Aug (first statement)

1) statement balance >RM4k, all spending, no ewallets/bt/etc
2) no cashback recorded
3) will continue to monitor how/when cimb credit the cb

p/s: I've also changed my statement date to 5th earlier. wonder if the system recorded it to credit cb on the 5th instead

This post has been edited by cybpsych: Aug 20 2023, 07:26 AM

maxed both categories cb

1) PETRONAS cb @ rm60

2) grocery/parking/dining @ rm60

txn made wayyyy before statement date 19/8

nope

why 8/8 reward revision affecting this card eh?

there were zero ewallet txn to this card.

This post has been edited by cybpsych: Aug 20 2023, 06:19 PM

receive cb, T+1 after statement date

delayed cb doesnt affect your statement balance amount, compared to Affin Duo's.

didnt touch ewallets with the card

i guess should be counted towards statement balance amount; just no rewards granted for ewallets (mcc 6540)

should be typo at the top section for Setel @ MCC 6540

exclusion clause below already excluded all ewallets with MCC 6540


...unless there is special provision for Petronas cards

adoi, 2 criteria mah

1) statement balance -- doesnt seem to have any exclusions, just lumpsum statement balance amount to qualify the cb tier

2) cashback -- exclusions applies

yeah, that's what i understand from the t&c

yep can be either way

need more ppl to test setel mcc6540.

got 1 user above pending clarification

This post has been edited by cybpsych: Aug 21 2023, 07:36 PM

yeah, surprisingly fast for me too (considered ntb)

Friday evening (end July) submitted doc.

few mins later staff called to verify application! quite lengthy process to listen and confirm each of his readout probably staff chasing monthly quota?

later, they email again to submit some other supporting docs (?). their upload system really messed up.

next Monday, approval SMS received.

Thursday received card via citylink maildrop.


Maybank still the fastest for me

they did earlier than planned.

This post has been edited by cybpsych: Aug 31 2023, 10:44 AM

above

here's the confirmation of MCC 6540 for Petronas-i cards

This post has been edited by cybpsych: Sep 1 2023, 03:45 PM

always better to ask/inform

dont expect staffs to know all promos from all cards/banks