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CIMB Sole Prop Program

Quick funds at 0% for sole proprietors

 

Keep your business running smoothly with the CIMB Sole Prop Program, designed for business owners to manage daily expenses and cash flow with ease with CIMB Platinum Mastercard Credit Card. 

 

Campaign Period: 19 January 2026 - 31 January 2027

 

What are your benefits?

0% Flexi Payment Plan (FPP)

Convert your big purchases into affordable monthly installment .

Enjoy 0% FPP interest rate for 6 months with minimum RM500 spend.

 

Steps to apply

Step 1

Charge RM500 or more in a single retail transaction with CIMB Platinum Mastercard Credit Card.

 

Step 2 

  1. Receive an SMS offer from CIMB to convert the transaction; or 
  2. Login to CIMB OCTO App. Click on More > Apply > Flexi Payment Plan (FPP) 

 

Step 3 

To apply for FPP, you may: 

  1. Reply to the SMS offer sent by CIMB; or 
  2. In CIMB OCTO app, under FPP menu, 
  • Select your Eligible Transactions for conversion; 
  • Confirm the 6 months tenure; 
  • Review and agree to T&C and Declaration; 
  • Confirm the submission and you are done

 

Click here to find out more > 

0% Cash Advance Fee and 0% Interest for the first 30 days on your Cash Advance

Get your cash advance fee and cash advance interest waived when you perform cash advance transactions

 

Steps to apply

Step 1

Make a cash advance transaction using your CIMB Platinum Mastercard Credit Card.

 

Step 2

The standard cash advance fee and interest will be applied to your account.

 

Step 3

Get a full waiver on the cash advance fee and interest for the first 30 days, credited within 12 weeks from your transaction date.

 

Click here to find out more > 

0% fee on your first payment of up to RM15,000 via CardUp 

and low CardUp fees for subsequent payments, exclusive for this program 

With CardUp, you can now make payments to your recipients even if they do no accept credit cards. Use your CIMB Platinum Mastercard Credit Card on CardUp to make payments for supplier invoices, rent, taxes, insurance, renovation and many more, and enjoy  special discount on fees!

 

For Business Payment 

First Payment: Use promo code CIMBFLEX (0% fee for 1st payment up to RM15,000)

Subsequent Payment: Use promo code CIMBFLEX95 (0.95% fee)

 

For Personal Payment 

First Payment: Use promo code CIMBFIRST (0% fee for 1st payment up to RM6,000) 

Subsequent Payment: Use promo code CIMB14 (1.4% fee)

 
Benefits of CardUp
  1. Your recipients receive timely payment through bank transfer.
  2. You only settle your card bill when it is due, which can be up to 50 days later.
  3. Your cash remains in your account longer, allowing you to earn interest or invest in other areas of your business.
  4. Your financing costs can be adjusted flexibly. Pay-per-use financing ensures you only pay for what you need at the moment.
 
What expenses can I pay using CardUp? 
  1. Personal – Rent, Education, Insurance, Renovation, Season Parking and more.
  2. Business – Supplier Invoices, Rent, Payroll, Insurance, Renovation, Property Maintenance and more.

 

Get Started at CardUp here!

Here's how it works: 

Meet Sam.

He runs a small but busy café that serves coffee and pastries in his neighborhood community. 

Scenario 1

Sam needs to upgrade his kitchen with new espresso machine & freezer, costing RM3,000 in total.

 

He charges the purchase to his CIMB Platinum Mastercard Credit Card

 

Through the CIMB OCTO App, he converts the RM3,000 transaction into 0% FPP for
6 months
(RM500/month). 

Scenario 2

During a rainy week, sales dip and Sam needs quick cash to pay his supplier for milk and coffee beans worth RM1,500.

 

He withdraws cash from his 
CIMB Platinum Mastercard Credit Card via ATM.

 

Normally, he’d be charged RM75 as
Cash Advance Fee. Under Sole Prop Program, this fee is being waived for him. 

Scenario 3

Sam’s renovation contractor only accepts bank transfers. Using CardUp, he pays RM2,500 through his CIMB Platinum Mastercard Credit Card and for the first transaction, the CardUp fee is waived.

 

He managed supplier payments on credit, giving him up to 50 days of grace period (depending on transaction date & billing cycle) & improving his liquidity. 

Not a CIMB Platinum Mastercard Credit Card holder yet?

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