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CIMB Unveils Invitation-Only Card For HNW Clients

Vanessa Doctor Asia Correspondent 30 April 2012

CIMB Unveils Invitation-Only Card For HNW Clients

CIMB Bank, the Malaysian financial services firm, has launched a new invitation-only credit card for its high net worth clients.

Visa INFINITE, the new product, offers access to exclusive locations worldwide, concierge services and other luxury lifestyle amenities. It also includes a cash rebate of as much as 1.5 per cent for every ringgit spent abroad. Customers will be attended to by dedicated relationship managers.

"We believe it is important to understand and facilitate the lifestyle of our customers as much as possible. The card seeks to meet the needs of clients who travel frequently for both business and pleasure," said Jean Yap, head, group cards and personal financing for CIMB Bank.

CIMB Group clients are spread across Malaysia, Singapore, Indonesia, Thailand, Hong Kong, China, the UK, US, Brunei, Myanmar, Vietnam, Bahrain, Cambodia, India and Sri Lanka. As of 31 December 2011, the group records RM300.2 billion ($98 billion) in total assets.

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