CIMB PETRONAS Visa Platinum-i
Up to 8% cashback at PETRONAS/Setel (RM2,000+ statement balance; 4% below that), capped RM50/mo
Apply for CIMB PETRONAS Visa Platinum-i →Last updated 22 September 2026 · Reviewed by Raymond, Rates.my
CIMB PETRONAS Visa Platinum-i overview
The CIMB Bank CIMB PETRONAS Visa Platinum-i is a Platinum-tier Visa cashback card built around cashback. Up to 8% cashback at PETRONAS/Setel (RM2,000+ statement balance; 4% below that), capped RM50/mo. It best suits entry-level applicants and first-time cardholders, with a minimum income requirement of RM24,000 a year. It carries no annual fee.
Features & benefits
- ✓8% cashback at PETRONAS/Setel with RM2,000+ monthly statement balance (4% below that), capped RM50/mo
- ✓2% cashback on groceries, dining & parking with RM2,000+ statement balance (1% below that), capped RM50/mo
- ✓0.2% cashback on all other retail spend
- ✓Shariah-compliant — Tawarruq structure
- ✓Annual fee waived with min. RM3,000/yr spend
Is the CIMB PETRONAS Visa Platinum-i worth it?
The CIMB PETRONAS Visa Platinum-i is best suited to entry-level applicants and first-time cardholders — its minimum income requirement is RM24,000 a year (about RM2,000 a month). As a cashback card, it works best for everyday spenders who want straightforward rebates on categories like petrol, groceries and dining.
- +Free for life — no annual fee
- +Up to 8% cashback on petronas/setel (8%/4% by tier) + groceries, dining & parking (2%/1% by tier), each capped rm50/mo
- +Low income requirement — accessible to first-time applicants
- −Cashback capped at RM50 a month
- −Top cashback applies only to specific categories (petronas/setel (8%/4% by tier) + groceries, dining & parking (2%/1% by tier), each capped rm50/mo)
- −Like any credit card, finance charges apply if you don't pay the balance in full each month
Cashback at a glance
Rewards several everyday categories, up to RM50/month. The maximum is the published monthly cap; actual cashback depends on the exact eligible categories, exclusions and minimum-spend terms — confirm the fine print below before you apply.
Eligibility & how to apply
Requirements are general guidance — CIMB Bank sets the final approval criteria. Confirm current terms before you apply.
The fine print, decoded
The catches most people miss on the CIMB PETRONAS Visa Platinum-i, in plain language — so nobody gets caught out. Always confirm against the official terms.
- What's excluded
- No cash rebate on non-PETRONAS petrol brands, instalment-plan payments (0% Easy Pay, CashLite-i, Flexi Payment Plan-i, Balance/Auto Balance Conversion-i), cash advances, quasi-cash (betting/gaming), charity (MCC 8398), government payments, recurring payments (except at PETRONAS/Setel), JomPAY/FPX/DuitNow QR, or e-wallet reloads (MCC 6540).
- How the cap works
- Two-tier structure by monthly Statement Balance (v. 18 Sep 2024 T&C): RM500–RM1,999 earns 4% (PETRONAS/Setel) / 1% (groceries, dining, parking); RM2,000+ earns 8% / 2%. Each category capped RM50/mo (up to RM100/mo combined). Under RM500 statement balance earns no cash rebate that month.
- Foreign transaction fee
- The conversion rate set by Mastercard International or VISA International, plus an administrative cost of 1%, plus any transaction fee charged by Mastercard/VISA — per the CIMB Islamic Bank Credit Card-i Product Disclosure Sheet, which names this card by title in its Annual Fee table.
- ⚠Rate depends on the cardholder's monthly Statement Balance tier, not just spend in the bonus categories — falling under RM500 statement balance earns no bonus rebate that month
- ⚠The 2%/1% category is groceries, dining & parking (MCC 5411/5422/5451, 5811-5814/5921, 7523) — not "utilities," despite older feature copy on this site referencing utilities
- ⚠Cash Rebates are applied first to the Yearly Facility Charge before any remainder is credited toward retail purchases
Verified 12 August 2026. Summarised in our own words from CIMB Bank's published terms — indicative only, and terms change. Read the official document before you apply.
📄 Official CIMB PETRONAS Visa Platinum-iterms & product disclosure →CIMB PETRONAS Visa Platinum-i FAQ
You need a minimum annual income of RM24,000 (about RM2,000 a month). CIMB Bank also considers your overall credit standing.
No — the CIMB PETRONAS Visa Platinum-i is free for life with no annual fee.
It earns up to 8% cashback on petronas/setel (8%/4% by tier) + groceries, dining & parking (2%/1% by tier), each capped rm50/mo, capped at RM50 a month. Up to 8% cashback at PETRONAS/Setel (RM2,000+ statement balance; 4% below that), capped RM50/mo.
No — the CIMB PETRONAS Visa Platinum-i is a conventional credit card. Check with CIMB Bank for any Islamic (card-i) equivalent.
It's a good fit for entry-level applicants and first-time cardholders who want cashback — its main draw is "Up to 8% cashback at PETRONAS/Setel (RM2,000+ statement balance; 4% below that), capped RM50/mo". With no annual fee, there's little downside to holding it. Compare it with the related cards below before applying.
See how the CIMB PETRONAS Visa Platinum-i compares
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Rates, fees and promotions are indicative and time-limited — always confirm current terms with CIMB Bank before applying. Not financial advice. Rates.my is an independent comparison site, not affiliated with or endorsed by CIMB Bank; card names and logos belong to their respective owners. Spotted an error or need a correction or takedown? Contact Raymond at raymond@rates.my.