CIMB Launches New Visa Credit Card Incorporating Islamic Values

CIMB launched a new Visa credit card that is specifically designed with various Islamic values, CIMB Preferred Visa Infinite-i Credit Card allows customers to enjoy the same privileges as the conventional Preferred credit card, with added benefits of an Islamic credit card.

Ahmad Shahriman Mohd Shariff, CEO, Group Islamic Banking, said, “CIMB Preferred Visa Infinite-i Credit Card will 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.”

Some of the features found in the card include premium Takaful protection with coverage of RM1 million for travel, RM100,000 for personal accidents, and up to RM10,000 for outstanding card balances. Additionally, CIMB is the first to introduce extended protection of RM100 per day in hospital allowance, a Badal Haji benefit of RM3,000, and Qurban contribution of RM750.

Customers will also enjoy benefits like 8X Bonus Points for contributions to Zakat and selected charitable causes, which can be redeemed for family holidays or Umrah packages. They can also opt to convert their bonus points into donations to charities and Waqf. In caring for the environment, customers will be pleased to find the card being made from materials derived from renewable resources that are eco-friendly and biodegradable.

Previous articlePwC Commences Review On VS Industry Labour Practices
Next articleWill The Political Funding Law Ever Be Passed?

LEAVE A REPLY

Please enter your comment!
Please enter your name here