$200 Cash: Maximising the CIMB Promo for May

For the month of May, CIMB is offering S$200 cash for sign-ups made with the below links, slightly more than the S$188 cashback offered on their website. The S$200 is given via PayNow which is more convenient than cashback credited to the card.
You may also opt for the earphones – which also come with S$40 cash – if you wish.
The promo is also more simplified now, with a minimum spend of S$988 in 60 days rather than the previous requirement of S$500 per month for two months.
Maximising the promo
The cards also give cashback on top of the sign-up gift:
CIMB Visa Signature
To maximise the promo in a fuss-free manner, I would recommend getting the CIMB Visa Signature card, and you can easily meet the minimum spend by purchasing supermarket vouchers. That also means you also get S$20 cashback from the card itself which gives 10% cashback on grocery spend (capped at S$20). You are also free to make spending in other eligible categories of online shopping, pets, beauty & wellness etc.
It’s actually a useful card for certain areas of spend, and I intend to review this in the near future.
Thanks to QQ from the chat, it seems very possible to up your cashback amount because you may be able to buy Dairy Farm vouchers from Guardian which are usable at Cold Storage, Giant etc, or top up your FairPrice Gift Card at Unity pharmacies. This should count under the beauty & wellness category which has its own S$20 cashback cap. It’s also possible to buy vouchers from online storefronts like Lazada, and that should earn 10% cashback from the online shopping category too:
Purchase | Category | Cashback |
$200 vouchers at NTUC Unity | Beauty & Wellness | $20 (10%) |
$200 vouchers at supermarket | Groceries | $20 (10%) |
$200 vouchers from online | Online Shopping | $20 (10%) |
$200 spend elsewhere | – | 0.2% to 10% depending on category |
CIMB World Mastercard
You also get the CIMB World Mastercard which gives 2% cashback on the following categories if you hit S$1,000 of spend within the same statement month:
- Wine & Dine and Online Food Delivery
- Movies and Digital Entertainment
- Taxi and Automobile
- Luxury Goods
Depending on your spend, you might find that it’s easier to get additional S$20 cashback from this card rather than CIMB Visa Signature. CIMB World Mastercard also gives 1% cashback on all other spend with minimum of S$500 spending within the same statement month.
Lucky draw
For the month of May, credits cards like CIMB cards are eligible for a lucky draw which can win you additional prizes on top of the sign-up gifts. You have to head over here to input your particulars into a contest form before applying for the cards below to be eligible.
Do note that the contest is co-organised by Prudential and you may be contacted by them should you decide to participate in the contest.
29 days 1 hour 4 minutes 40 seconds left to grab this offer!

CIMB Visa Signature
🔥 👍🏼
New to bank
Choose one:
- Receive S$250 cash via PayNow
Plus: enjoy 3x chance to win your share of up to S$200,000 in prizes in 101 Milestone Giveaway
Upon activating and spending min. S$988 within 60 days following card approval.
⚠️ Fill up SingSaver rewards form in email to choose your gift. No form completed = no reward given
Terms and conditions (save a copy for your future reference)
Apply latest by end of 30th November 2023
Get 10% cashback on online shopping, groceries, pets expenses, cruises, and beauty & wellness. No annual fees for life.
Choose this if you spend in a few of the eligible categories so you can get high cashback.

CIMB World Mastercard
🔥
New to bank
Choose one:
- Receive S$250 cash via PayNow
Plus: enjoy 3x chance to win your share of up to S$200,000 in prizes in 101 Milestone Giveaway
Upon activating and spending min. S$988 within 60 days following card approval.
⚠️ Fill up SingSaver rewards form in email to choose your gift. No form completed = no reward given
Terms and conditions (save a copy for your future reference)
Apply latest by end of 30th November 2023
Unlimited 2% cashback with minimum S$1,000 monthly spend on wine & dine, online food delivery, movies, taxis, and luxury goods. No annual fees for life.
Choose this if you want a fuss-free card without much conditions.

CIMB Visa Infinite
🔥
New to bank
Choose one:
- Receive S$250 cash via PayNow
Plus: enjoy 3x chance to win your share of up to S$200,000 in prizes in 101 Milestone Giveaway
Upon activating and spending min. S$988 within 60 days following card approval.
⚠️ Fill up SingSaver rewards form in email to choose your gift. No form completed = no reward given
Terms and conditions (save a copy for your future reference)
Apply latest by end of 30th November 2023
Unlimited 2% cashback with minimum $2,000 monthly spend on travel, overseas, and online foreign currency spend. 3 complimentary DragonPass lounge visits per year. No annual fees for life.
Choose this if you meet the income requirements and want a card with free lounge visits without any annual fee.
Keep up to date on the best cashback/mile cards, financial products, attractive deals, and more tips to maximise your financial wellbeing by subscribing to my Telegram channel.
Subscribe to the channel, then join the group chat. You would often benefit from the tips shared exclusively in the group chat!
Disclaimer: I may receive an affiliate/referral fee when you sign up for services/products on this site, and such fees keep the site running. I would only recommend services/products I would personally use or recommend to my own friends and family, but I do not provide any warranty or guarantee for the quality of these services/products. Thank you for supporting my site!
Please exercise due diligence when signing up for any service/product as I will not be liable for any personal loss, financial or otherwise. Content published here are my sole views and personal opnion, and none of the information here constitutes personal financial advice nor represents the views of my employer(s).