Commercial bank of Dubai commonly known as CBD is banking and financial institution located in Deira, Dubai. CBD was established as a joint venture that later grew into a public shareholding company in the ’80s.
Credit cards are an absolute must in today’s era. Keeping the needs of the customers as the central idea, CBD came up with a brand new credit card in the market called CBD One Visa Signature Credit Card. CBD one visa signature card is a tailored financial tool that allows users to customize the design, benefits and monthly plan based on their individual requirement. Loaded with a wide range of travel and lifestyle benefits, this is one of a kind credit card that enables its card members to make the most of their each spending.
Features and Benefits of CBD One Visa Signature Credit Card
The section covers various benefits and features of the CBD one Visa signature credit card:
Key Features
CBD enables its card members to choose and customize the design of their card from the CBD one art gallery.
Flexibility
CBD one cards offer tailored and flexible services that allow cardholders to change, pause or switch their current plan at any instant.
Valet Parking
CBD One Visa Signature Credit Card members can enjoy two free valet parking services every month on the minimum expenditure of AED 5000/- within the period of thirty days.
Airport Lounge Access
CBD one visa signature credit card members can enjoy access to 8 airport lounges annually without any capping and this access can be easily activated by incurring one non-AED spend on the card.
Extended Warranty
Using the extended warranty, members of this CBD credit card no longer has to stress upon the quality of the purchase. This feature doubles the repair period that is offered by the actual manufacturer for a maximum of 1 year.
Purchase Protection
The cardholder no longer has to worry while making any big purchases. The CBD Credit Card offers its card members a complete peace of mind by safeguarding the purchases from any accidental damage or theft.
Easy Payment Plans
Using the easy payment plans, the card members can make huge purchases in different categories such as jewellery, electronics, home decor, and much more at the participating vendors and then convert their large purchases into affordable & small monthly installments at a 0% rate of interest.
Quick Cash
The facility of cash on-call can be availed by the CBD One Visa Signature Credit Card members.
Balance Transfer
Card members can consolidate the debt by transferring all other outstanding dues to the CBD One Visa Signature Credit Card at attractive interest charges.
Supplementary Cards
The card members can opt for a supplementary card for their children or spouse as per the policy of the bank.
Rewards and Offers on CBD One Visa Signature Credit Card
Here is a list of rewards and offers available on the CBD One Visa Signature Credit Card:
Additional Discounts
CBD one visa signature credit card members are entitled to avail an additional discount of 8% at hotels.com and up to 12% discount on agoda.com. Furthermore, card holders can enjoy discounts at more than 500 places across the UAE using the CBD app.
Cashback
CBD One visa signature credit card members can earn the cashback of up to AED 135 by simply using this card for making purchases from partnered merchants like Zomato, Spotify, Netflix, Prime Video, Starbucks, VOX Cinemas, etc.
Airport Meet and Greet
Members of the CBD one visa signature credit card can enjoy a discount of 30% on airport meet and greet.
Eligibility Criteria to Apply for CBD One Visa Signature Credit Card
The basic eligibility criteria to avail CBD one visa signature credit card is centered on age. UAE nationals within the age bracket of 21 to 65 years are eligible to get a credit card. Furthermore, if you are an expat resident the age bracket reduces to 21 to 60 years.
For salaried individuals, the monthly income earned by the applicant must be a minimum of AED 8,000.
Fees & Charges on CBD One Visa Signature Credit Card
The table below states the various fees and charges applicable to this CBD One Visa Signature Credit Card:
Fees and Charges
Amount
Monthly Fees for one plan
AED 39
Minimum Spend for one plan
AED 5000
Card Replacement Fee
AED 75
Late Payment Fee
AED 209
Over Limit Fee
AED 209
Retail Interest Rate
3.45% per month
Cash Interest Rate
3.49% Per month
Foreign Transaction Fee
2.75%
Cash Advance Charges
3%
Credit Shield Insurance
0.89% monthly of the outstanding balance
Liability Issuance Letter
AED 50
Sales Slip Copy
AED 25
(Updated as of October 5, 2020)
Frequently Asked Questions on CBD One Visa Signature Credit Card
Q1:Can card members cancel or change their plan at any instant?
Ans: A CBD one visa signature credit card offers flexible and customizable plans that can be cancelled or changed as per the cardholder’s need.
Q2: Do I need to track my monthly expenditure and spend more than the plan’s minimum amount?
Ans: CBD keeps a track of your visa card expenditure and automatically adjusts the benefits to a secondary that suits your expenditure.
Q3: How do I make use of rewards and discounts?
Ans: Cardholders can use their CBD one visa card for making purchases from partnered merchants and the cashback for every purchase is added up and credit into cardholder’s wallet at the end of the month.
Q4: What is the monthly fees charged on the CBD One Visa Signature Credit Card?
Ans: If the card members make a minimum monthly spend of AED 8,000 using the CBD One Visa Signature Credit Card then they will not have to pay any monthly fee. However, if they make a minimum monthly spend of AED 5,000 using this card, they will have to pay a monthly fee of AED 39.
Q5:How can I apply for the CBD One VISA Signature Credit Card?
Ans: You can easily apply for this CBD credit card through the CBD’s official website, by visiting any of the CBD branches in person or by calling +971 600 575 556.
