CIMB has introduced the CIMB Preferred Visa Infinite-i Credit Card for its preferred customers which allows them to enjoy the same privileges as the conventional preferred credit card, with added benefits of an Islamic credit card exclusively designed for the needs of affluent individuals.
The card includes distinct benefits that are aligned to positive values, centred around the three main pillars of protection, conservation and rewards.
Guided by its focus on protection, the credit card offers premium takaful protection including coverage of RM1 million for travel, RM100,000 for personal accident and up to RM10,000 for outstanding card balance.
On top of that, CIMB is the first to introduce extended protection of RM100 per day in hospital allowance, a badal haji (replacement hajj) benefit of RM3,000 and Qurban contribution.
Ahmad Shahriman Mohd Shariff, CEO, Group Islamic Banking, CIMB Group said, “CIMB is committed to providing shariah-compliant financial solutions that are tailored to our customers’ beliefs and values. Above and beyond the elite privileges catering to personal banking and lifestyle experience, the CIMB Preferred Visa Infinite-i Credit Card will also provide our customers with an opportunity to understand the importance of an Islamic credit card and its positive and meaningful impact on their wealth planning as well as social philanthropy.
“We anticipate considerable growth in demand and will strive to effectively meet the needs of this market segment.”
Ng Kong Boon, country manager, Visa Malaysia said, “We congratulate CIMB on the launch of the CIMB Preferred Visa Infinite-i Credit Card. Malaysia is one of the key markets for Islamic banking and we are proud to be working with valued partners such as CIMB to provide innovative digital payment solutions for everyone, everywhere. According to the Visa Consumer Payment Attitudes Study, 85 percent of consumers are satisfied with their Islamic banking experience.
“We are excited to be a part of this launch, marking yet another milestone in Malaysia’s thriving financial landscape.”
The CIMB Preferred Visa Infinite-i Credit Card offers 8X Bonus Points for contributions to zakat and selected charitable causes, which can be redeemed for family holidays or Umrah packages.
Cardholders can also convert their bonus points into donations to new charities and waqf. In harmony with CIMB’s commitment to sustainability, the Islamic credit card is made from materials derived from renewable resources that are eco-friendly and biodegradable.
The CIMB Preferred Visa Infinite-i Credit Card is available for sign-up via the CIMB website or at any of our CIMB Bank branches nationwide. For more information, please visit www.cimb.com.my.
The launch of the new credit card took place at the inaugural edition of the Bazar Siberturahim Fashion Fest, a fashion and lifestyle showcase event presented by CIMB Preferred in conjunction with the upcoming Hari Raya Aidilfitri celebrations, held at the Sime Darby Convention Centre, Kuala Lumpur from 3 – 6 March 2022.
The event showcases more than 20 local fashion and lifestyle brands such as Radzuan Radziwill, Cosry, Anuar Faizal and many more. For more information on the Bazar Siberturahim Fashion Fest, please visit www.cimb.com.my/raya