CIMB Preferred Visa Infinite Review 2019 – Ultimate Airport Lounge Credit Card (in Malaysia only)

It’s a new year and as usual the banks will revise their credit cards’ benefits. But what is shocking is that CIMB has actually made their CIMB Preferred Visa Infinite better and worst too!

The Good News

For 2019, you can earn 8X Bonus Points from your Overseas Transactions and for LOCAL Dining too! And you get UNLIMITED access to Plaza Premium Lounges nationwide.

CIMB Preferred Visa Infinite Benefits 2019.jpg

The 8X Bonus Points sounds great, but CIMB inflated their Reward Redemption last year where we now need 10,000 Bonus Points to redeem 1,000 Enrich Miles.And they might inflate it again come March so look out for the new Redemption Catalogue when it comes out.

So how good is the 8X bonus Points?

Well, based on 10,000 Bonus Points = 1,000 Enrich Miles AND coupled with 9X Bonus Points, this works out to 1 Enrich Mile for every RM1.25 spend on dining and overseas transactions.

CIMB Enruch Conversion.jpg

For local dining where AMEX is not welcomed, 1 Enrich Mile for every RM1.25 spent on dining is actually very good.

However for overseas transactions, the Maybank Visa infinite is far more superior where we earn 1 Enrich Mile for every RM0.90 spent! The RHB Premier Visa Infinite is the best for overseas transactions if you are into Enrich Miles only.

The Bad News

For other local transactions. the CIMB Preferred Visa Infinite is freaking useless because you need to spend RM10 just to earn 1 Enrich Mile!!!

Below are part of the TnC of the CIMB Preferred Visa Infinite:

CIMB Exclusions.jpg

From the above, insurance premiums are excluded from earning any Bonus Points!!! WTF! It gets worst, it is stated that auto-payment are also excluded!!! Example of auto-repayment means auto debiting our UNIFI  bills?

So in conclusion, the CIMB Preferred Visa Infinite is good only for local dining and that’s if you are into Enrich Miles only.

But if you need a credit card to gain access to Plaza Premium Lounges nationwide, the CIMB Preferred Visa Infinite is fantastic!!!

ADDITIONAL INFO ON CIMB ENRICH CREDIT CARDS

I was shocked to note that the CIMB Preferred VI does not earn us any Bonus Point from our insurance premium. So I checked out CIMB Enrich credit card TnC too and below is part of it:

CIMB Enrich TnC.jpg

From the above, please note that installment plans do not earn you any Bonus Miles!!!

And it also states that RECURRING PAYMENT TRANSACTIONS are excluded from earning any Bonus Miles. WTF in this? If I go to McD every day, does it mean that I am not entitled to any Bonus Miles? You have been warned, so check your Bonus Miles every month to make sure you earn Bonus Miles from your transactions using your CIMB Enrich credit cards.

 

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