One of the best credit cards available in the market now is the CIMB Petronas MasterCard. As a cardholder, I enjoy the following benefits:
- No annual fee: This is a card with no joining or annual fee and there is no condition attached, as it has always been advertised that it is free for life.
- Rebate of 2% on petrol: When you pay cash you pay the full pump price of RM1.80 per litre. However, when you pay by CIMB Petronas MasterCard you pay only RM1.764 in the following month. Just imagine you pay less and on top of it, you get interest-free credit for one month. Apart from petrol, I get a 0.5% rebate for all other retail purchases.
- Travel benefits: When you charge the full fare of your airline tickets, you get automatic travel insurance coverage, lost baggage and baggage delay insurance and reimbursement for immediate necessities in the event of flight delay and missed connection
- Making the payment is easy: I can do an online settlement of my outstanding balances. I can also pay at any CIMB Bank counter or use their cheque deposit machine or I can post a cheque to them. The best part is that every time when I make a payment I pay less. The 2% rebate on petrol and 05% rebates on other retail purchases are given and shown in the monthly statements.
- Mesra card: Because you use Petronas you can join the PETRONAS Mesra Loyalty Programme for free and get a Mesra card. Points are collected each time you pump petrol or buy things at their Convenience Stores. You get 1 point for every litre of fuel purchases and 1 point for RM 1 spent on Qualifying Transactions at the Convenience Store at PETRONAS service stations.
- Promotions: From time to time Petronas offers cash prizes and valuable cars to lucky customers of Petronas. I hope I can be the next lucky winner of a cash prize or an expensive car.
- Interest and other charges: I don’t have to worry about interest charges because I pay fully and promptly every month.
If you are looking for a credit card especially a card to reduce your petrol expenses, get a CIMB Patrons MasterCard today. Get real rebates when you use the credit card and get reward points from your Mesra card when you pump petrol.
Petrol Price History RON 95:
12/05/2009 RM 1.75
1/09/2009 RM 1.80
16/07/2010 RM 1.85
1/12/2010 RM 1.90
3/09/2013 RM 2.10
2/10/2014 RM 2.30
1/12/2014 RM 2.26
1/01/2015 RM 1.91
1/02/2015 RM 1.70
1/03/2015 RM 1.95
1/06/2015 RM 2.05
1/07/2015 RM 2.15
1/08/2015 RM 2.05
Source: http://blog.galvintan.com/malaysian-fuel-price-history/
Petrol Price History RON 95:
12/05/2009 RM 1.75
1/09/2009 RM 1.80
16/07/2010 RM 1.85
1/12/2010 RM 1.90
3/09/2013 RM 2.10
2/10/2014 RM 2.30
1/12/2014 RM 2.26
1/01/2015 RM 1.91
1/02/2015 RM 1.70
1/03/2015 RM 1.95
1/06/2015 RM 2.05
1/07/2015 RM 2.15
1/08/2015 RM 2.05
Source: http://blog.galvintan.com/malaysian-fuel-price-history/