Spend Smart: How To Maximize Cashback & Reward Points

Cashback = Instant Payback

Cashback is like your card saying “Thanks for spending, here’s a little refund.”

You get back a small percentage of what you spent, instantly or in your next statement.

Example:

Spend RM100 on groceries with CIMB Cash Rebate Platinum Mastercard → 5%* cashback = RM5 credited back.

💡Pro moves:

• Use cashback cards for everyday essentials (groceries, petrol, phone bills).
• Look for bonus cashback days or specific category perks.
• Always check if there’s a limit on how much cashback you can earn per month.

*5% Cash Rebate is only applicable for statement balance of RM3,000 and above.

Reward points = Redeem some stuff, eventually

Every RM1 spent = 1 bonus point. Save enough points and you can redeem gadgets, vouchers, flights and more. Patience is key because good stuff takes time to rack up.

Example:

RM1 = 1 bonus point.

10,000 bonus points = RM50 voucher (0.5% value)

But if your card gives 10X points for certain spends (e.g. groceries, dining), your effective value jumps to 5%.

💡Pro moves:

• Spend for big purchases (flight tickets, gadgets, etc.)
• Combine with promo bonus point multipliers (5X or 10X points days)
• Don’t hoard points forever — some expire!

Credit card rewards are like a side quest in a game — not the main mission, but still worth doing if you play it right.

Choose the right card, stack your perks and always pay your bill in full.

‼️Remember: “If you can’t pay it off in full, it’s not really a reward — it’s a trap.”

Looking for credit cards that fit your lifestyle and budget? Here are two great CIMB options designed for first-time users.

^{^}Cardholders will receive 1X lounge access per quarter with minimum quarterly spend of RM3,000. Capped at 4X lounge access per annum. Complimentary entry to children below 2 years old. For full terms & conditions, click here.