Wednesday, June 11, 2008

CIMB-PETRONAS MasterCard for Fuel Savings


Now that the petrol cost has gone up to RM2.70 from RM1.92 per litre, you should acquire the Cimb-Petronas Mastercard. It gives you instant rebates of 2% in your statement for all your petrol charges at Petronas stations. This will allow you to stretch your ringgit further. The other thing is that Petronas stations are quite easy to locate in Malaysia.

In addition, you also get cash rebates for 0.5% for other purchases. It is better than accumulating points to redeem for something you don’t need or getting your points forfeited after a while. Again this card is also free for life.

I use my cards to take advantage of savings and not to build up debts. I pay every
credit card statement promptly and fully every month. So use your cards to reduce expenses and not to incur interest.

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

Go to http://blog.galvintan.com/malaysian-fuel-price-history/ to see prices before 12/5/2009

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