Credit Cards

5% of Current Balance* + 100% of any service tax and any other value added tax imposed (if any) + 100% of all monthly instalments due for any programmes/arrangements operated by the Bank  (if any) + any other unpaid minimum payment specified in the preceding month’s statement; or RM50 whichever is higher.

*Current Balance = Retail Transactions amount (if any) + Cash Advance amount (if any) + Profit Charges and/or Ta’widh (compensation) and any other applicable fees and charges (if any).

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 or 18% per annum if your payment record is not within either (a) or (b) above.

The conversion rate as determined by Mastercard International/VISA International plus an administrative cost of 1% plus any transaction fee charged by Mastercard or VISA.

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 overseas purchase.

For retail transactions - 20 calendar days from the statement date, if you pay the balance in full and on time.

If you do not pay in full and on time, profit charges on retail transactions will be calculated from the posting date of the transaction.

The grace period is not applicable to balance transfer or cash advances.

Upon cardholder request and subject to the Bank's discretion. 

Note: - TCI will be capped at maximum 50% of the original credit limit. 

Profit Charge based on Effective Profit Rate will vary every month but the total sum of profit charge over the Tenure shall not exceed the Total Profit. Rebate is the difference between Total Profit calculated at Ceiling Profit Rate and total sum of profit charge over the Tenure calculated at Effective Profit Rate. Upon cancellation and/or renewal, the Bank, subject to the Bank Negara Malaysia Credit Card-i Policy Document and CIMB Islamic Bank Berhad Credit Card Terms and Conditions, will grant rebate or waive all or part of the Total Profit.