KUALA LUMPUR: CIMB has launched the CIMB Preferred Visa Infinite-i credit card for CIMB Preferred customers, which provides the added benefits of an Islamic credit card for affluent individuals.

       The bank said in a statement that the card includes distinct benefits that are aligned to positive values, centred around the three main pillars of Protection, Conservation and Rewards.

       "CIMB is committed to providing Shariah-compliant financial solutions that are tailored to our customers’ beliefs and values.

       "Above and beyond the elite privileges catering to personal banking and lifestyle experience, the CIMB Preferred Visa Infinite-i Credit Card will also 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," said CIMB Group islamic banking CEO Ahmad Shahriman Mohd Shariff.

       Guided by its focus on Protection, the credit card offers premium Takaful protection including coverage of RM1mil for travel, RM100,000 for personal accidents and up to RM10,000 for outstanding card balances.

       In addition, CIMB offers extended protection of RM100 per day in hospital allowance, a Badal Haji benefit of RM3,000 and Qurban contribution of RM75.

       Meanwhile, the CIMB Preferred Visa Infinite-i Credit Card offers 8X Bonus Points for contributions to Zakat and selected charitable causes, which can be redeemed for family holidays or Umrah packages.

       Alternatively, cardholders can also make a difference by converting their bonus points into donations to new charities and Waqf.