|Finance Charge for Retail Transaction
The charges are:
(a) 1.25% per month or 15% per annum if you have promptly settled your minimum payment due for 12 consecutive months
(b) 1.42% per month or 17% per annum if you have promptly settled your minimum payment due for at least 10 months in a 12-month cycle.
(c) 1.50% per month of 18% per annum if your payment record is not within either (a) or (b) above.
|Minimum Monthly Repayment
5% of Current Balance* + 100% of any service tax and any other value added taxes imposed (if any) + 100% of all monthly instalment due for any programmes/arrangements operated by the Bank (if any) + any unpaid minimum payment specified in the preceding month's statement; or RM50.00, whichever is higher.
*Current Balance = retail transactions amount (if any) + cash advance amount (if any) + finance charges and/or late payment charges and any other applicable fees and charges (if any).
|Late Payment Charge
||1% on the unpaid balance arising from retail transactions and cash advance, subject to a minimum of RM10.00 and a maximum of RM100.00 and will only be imposed if the minimum payment due is not paid by the due date.
|Conversion for Overseas Transaction
The conversion rate as determined by Mastercard International/VISA International (whichever is applicable) plus an administrative cost of 1%* plus any transaction fee charged by Mastercard or VISA (whichever is applicable).
Dynamic Currency Conversion (DCC) is a service offered by certain overseas merchants to provide a choice to pay in Ringgit Malaysia (including online purchases) for oversea purchase.
* Not applicable for CIMB Enrich World Elite Credit Card.
|Finance Charges Free Period
Full payment on previous statement balance:
Enjoy an interest-free period of 20 days for all new retail transactions from statement date.
Partial or minimum payment on previous statement balance:
- No interest-free period.
- A finance charge will be levied on your unpaid outstanding balance and all new transactions from the date the transactions are posted.
|Cash Advance Fee
||The cash advance fee is 5% of the amount advanced or a minimum of RM15.00, whichever is higher. This is imposed for each cash advance transaction.
|Finance Charge for Cash Transaction
||1.5% per month or 18% per annum calculated on daily rest basis from transaction date to the date it is settled in full.
|Card Replacement Fee
||1st time – RM10
Subsequent – RM50
|Sales Draft Retrieval Fee
||RM 14.15 per copy
|Additional Statement Request Fee
||RM 5.00 per monthly statement
||RM25.00 per annum
|Paper Statement Fee
||RM1.00 per statement per credit card