Good things don't last - CIMB credit cards revision

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As usual, good things don't last.

First was BOC Family card, now it seems like the temporary-attractive CIMB cards are going the same way too...

Before Both CIMB Visa and Platinum requires min $600 spend and gives 10% rebate ($50 cashback per category, up to $100 cashback) on:

Visa SignatureDiningOnline spendGrocery PlatinumTravelHealth, Beauty & WellnessTransport & Petrol W.e.f 5 Jun 2019 Both CIMB Visa and Platinum requires min $800 spend and gives 10% rebate ($20 cashback per category, up to $100 cashback) on:

Visa SignatureDining (now reflected under Platinum)Online spendshopping ("This excludes all other online websites, not limited to movies, food & beverage, travel, airline, government, brokerages/securities, insurance, tuition and online gambling websites")...wth?GroceryBeauty & Wellness (new)Pets Shops and Veterinary Services (not applicable to me)CruisePlatinumTravel (only in foreign currency)...sianHealth, Beauty & Wellness and Medical ("…

CIMB Fixed Deposit at >1.2% p.a

Just applied for the CIMB FD at 1.2% for 6 months with $20k.


I have been thinking if I should apply for this or park my money into shares. Guess I'm not that stocks-savvy to take the plunge.

Regardless, this FD will earn me an interest of around $120. 

With my BOC Smartsaver max out at $60k, this 1.2% interest is slightly better than me leaving the remaining money in my Fastsaver. Will keep a look out for other deals to park my extra cash. Btw, the FDs promotions this year have been disappointing.

If you wish to apply for the CIMB F.D, do note that promotion ends on 13 February 2017.

Comments

  1. Go for SSB. Can do partial redeem. Save you the time to hunt for better FD rate.

    ReplyDelete

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