• CIMB Pulse
  • Banking With Us
  • Digital Services
  • Promotions
  • Help & Support
  • Quicklinks
CIMB Pulse
Banking With Us
Digital Services
Promotions
Help & Support
Quicklinks
Savings Strategies
Investing My Money
Travel Tips
Planning For My Future
Thinking About Insurance
CIMB FIRST
Accounts
Cards
Loans & Financing
Investments
Insurance
Other Services
CIMB Clicks
Payment & Transfers
Latest Promotions
Events
Rates & Charges
Download Center
FAQ
Ways to Bank
Regulations & Policies
Security & Fraud

FIs disallowed from granting further unsecured credit to borrowers who are 60 days past due on any credit card or unsecured credit facility extended by the FI. Other FIs will also not be allowed to grant credit limit increases, or issue new credit cards or unsecured credit facilities, to such borrowers (“60 days past due rule”).

Why is a borrower whose debt with one FI is more than 60 days past due still permitted to use existing credit lines already extended by other FIs?

A borrower is permitted to use only existing credit lines that are not more than 60 days past due. If the borrower has been duly servicing debts owed to other FIs on time, cutting off all credit lines because of a breach with one FI, may be too punitive.

Looking for More Questions?

Back to FAQ Home

For More Enquiries

Email Us

Drop us an email and we'll get back to you.

Email Now

Let Us Call You

We are contactable 24/7.

Let Us Call You

Talk To An Expert

Visit us at our branches nationwide.

Find a Branch

You are about to enter a third party website & CIMB Group's Privacy Policy will cease to apply.

This link is provided for your convenience only and shall not be considered or construed as an endorsement or verification of such linked website or its contents by CIMB Group.

 

CIMB Group makes no warranties as to the status of this link or information contained in the website you are about to access.

 

Do you wish to proceed?

Yes, please proceed

Oops! It looks like you need to upgrade your browser.

The browser (or version) that you are currently using will not allow you to fully experience our website.
Select your preferred browser below and upgrade now!