Dubai Islamic Bank DIB SHAMS Platinum Covered Card

DIB SHAMS Platinum Covered Card

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Annual Fee
AED208.95
Annual Fee Benefit(s)
  • Free for 1st Year
  • Spend-based waiver from Y-2
0% Balance Transfer
Upto 12 months
Sign Up Offer(s)
  • Up to 50,000 Wala’a rewards
Purchase ProtectionTravel Insurance

Rewards Program

The rewards program associated with the DIB SHAMS Platinum Covered Card is particularly appealing, offering cardholders the chance to earn Wala’a rewards on various spending categories. For every AED 1 spent on dining and travel, cardholders earn 10 Wala’a rewards, with a cap of 5,000 rewards per month for dining and 10,000 for travel. Additionally, the card provides a welcome bonus of up to 50,000 Wala’a rewards for new customers, which can be redeemed for various benefits. This program is designed to encourage cardholders to maximize their spending in these categories, ensuring they receive significant value from their purchases. The card also features a range of redemption options, allowing users to convert their rewards into travel, cashback, or shopping benefits

Benefits

Cardholders can enjoy a variety of benefits that enhance their overall experience. The DIB SHAMS Platinum Covered Card includes complimentary travel cover, which provides up to US$ 100,000 in medical coverage for trips booked with the card. Additionally, users can take advantage of roadside assistance and purchase protection, ensuring their purchases are safeguarded against theft or damage. The card also allows for cash withdrawals of up to 90% of the available credit limit, providing flexibility in accessing funds when needed. Furthermore, cardholders can obtain supplementary cards for family members at no additional cost, making it easier to manage shared expenses while earning rewards

Min. Monthly Income

AED5,000

Annual Fee Terms

Year 1: no annual fee.

From year 2: fee AED 208.95 including VAT unless you spend at least AED 15,000 spend in a year in the prior year, in which case the fee is waived.

Sign Up Offer Terms

  • USD 5,000 spend within 90 days

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