CIMB Singapore has introduced the CIMB Founders Card, a new personal credit card designed specifically for sole proprietors and small and medium-sized enterprise (SME) owners. Launched on 19 September 2025, the card provides instant cash access with up to 114 days of zero interest and no foreign exchange fees, addressing the liquidity challenges faced by many entrepreneurs.
As Singapore’s entrepreneurial landscape continues to expand, sole proprietors and SMEs represent 99% of the country’s businesses, employing 70% of the workforce. However, these businesses often struggle with financing due to irregular income and limited credit histories. The CIMB Founders Card aims to bridge this gap by offering financial flexibility and easy access to capital, enabling business owners to seize growth opportunities and manage unexpected expenses.
Merlyn Tsai, Head of Consumer Banking and Digital at CIMB Singapore, stated, “We are committed to advancing customers and society with services and solutions that drive progress, and the CIMB Founders Card is a meaningful step in that direction.”
In collaboration with Mastercard, the card also offers additional benefits such as complimentary access to over 1,300 airport lounges worldwide and travel insurance coverage of up to $730,000 (S$1m). Furthermore, cardholders can enjoy discounts on workplace productivity software and hotels, enhancing both business productivity and personal lifestyle.
The launch of the CIMB Founders Card reflects a broader commitment to supporting SMEs with innovative financial solutions, ensuring they have the tools needed to thrive in a competitive market.
