Summary
- CIMB to introduce Lite-i credit card in October.
- Card offers no annual fee and 14% profit rate.
- Designed to improve affordable credit access.
- Targets everyday spending and financial inclusion.
KUALA LUMPUR, July 8 — CIMB Islamic Bank Berhad will launch the CIMB Lite-i credit card by October 2026, offering a simple and affordable financing solution to improve financial inclusion.
The card features no annual fee, a 14% annual profit rate, non-compounding profit and lower cash advance charges.
Designed for consumers seeking practical credit without premium rewards, the card aims to help Malaysians manage daily expenses.
Short-term cash flow and build healthier credit profiles while promoting responsible borrowing.
