CIMB and PETRONAS unveil enriched CIMB PETRONAS Platinum Credit Card
11 August 2020
The credit card promotes cashless lifestyles by offering cash rebates of up to 10% for Setel petrol transactions at all PETRONAS stations nationwide
Kuala Lumpur: CIMB Bank Berhad and CIMB Islamic Bank Berhad (collectively “CIMB” or “the Bank”) in collaboration with PETRONAS Dagangan Berhad (“PDB”) have introduced the enriched CIMB PETRONAS Platinum Credit Card and CIMB PETRONAS Platinum-i Credit Card (“the Cards”). More than 200,000 cardholders are now able to enjoy extra savings with cash rebates of up to 10% on petrol transactions, via the Setel app with a minimum statement balance of RM1,500, and rebates of up to 5% for petrol transactions via card transactions, at all PETRONAS stations nationwide.
Samir Gupta, CEO, Group Consumer Banking, CIMB Group said, “CIMB is delighted to build on the successful partnership with PDB, now in its twelfth year, by introducing the enriched CIMB PETRONAS Platinum Credit Card and CIMB PETRONAS Platinum-i Credit Card, which is perfectly suited to the cashless lifestyle of today. This synergy with PDB allows us to leverage on our respective strengths and evolve our product offerings to meet the customer’s ever-changing needs. The enhanced proposition, specially designed to give our customers the best value for their Cards, is very much in line with our promise to put the customer at the heart of everything we do.”
PDB Head of Retail Business, Khalil Muri said, “At PETRONAS, we aim to delight our customers by continuously enhancing their experience at our stations. Through this partnership, we are able to offer higher cash rebates to our customers while providing a seamless and frictionless experience. Subscribers of the enriched cards will also enjoy additional rebates when they transact via Setel, Malaysia’s first mobile application that integrates the e-payment platform with the pump, Kedai Mesra and loyalty benefits to create seamless retail-on-the-go experience for PETRONAS customers, which is now recognised as the only refuelling app in the market that helps minimise physical touch points.”
In conjunction with the relaunch, the Card also offers a host of auto-related benefits such as major discounts on car alignment and off-wheel balancing services, car polish and treatments, car tinting services and six months zero percent instalments on motor insurance renewals. From 1 August to 31 October 2020, CIMB PETRONAS Platinum Credit Card cardholders are able to convert their credit card balances every month into instalment payments of up to 36 months at a competitive interest rate. This offer is specially curated to provide cardholders with the flexibility to manage and plan their card usage according to their budget.
As part of the plan to continuously promote cashless transactions, CIMB has worked with PDB to remove the RM200 pre-authorisation amount, required for petrol transactions using any CIMB credit or debit card at all Petronas stations. This will encourage more customers to use their CIMB credit or debit cards to pay for petrol, without worrying if they have enough credit limit or balance in their accounts.
The CIMB PETRONAS Platinum Credit Card and CIMB PETRONAS Platinum-i Credit Card are available for sign-up at the CIMB website or at any of our CIMB Bank branches nationwide. For more information, please visit www.cimb.com.my
Samir Gupta, Chief Executive Officer, Group Consumer Banking, CIMB Group (second left); Ahmad Shahriman Mohd Shariff, Chief Executive Officer, CIMB Islamic (first right); Khalil Jaffri Muhammad Muri, Head of Retail Business, PETRONAS Dagangan Berhad (second right); and Iskandar Ezzahuddin, Chief Executive Officer, Setel Ventures Sdn Bhd (first left) at the launch of the enriched CIMB PETRONAS Platinum Credit Card.
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