CBD VISA Signature Credit Card

CBD VISA Signature Credit Card

About Commercial Bank of Dubai:

Commercial Bank of Dubai (CBD) was founded in the year 1969. CBD, one of the leading banks in the UAE, offers a wide range of commercial and retail products and services. Over the decades, the bank has transformed into escalating and modern banking organization. CBD has a sturdy financial base with stable and strong management. At present, the bank offers a wide variety of financial services to aid its customers manages and builds its financial corpses. Commercial Bank of Dubai has a wide network of 26 branches and more than 210 ATMs across the United Arab Emirates (UAE). CBD has bagged the ‘Most Innovative Digital Bank Award’ at the International Finance Magazine (IFM) Awards 2018 recently.

About CBD VISA Signature Credit Card:

Commercial Bank of Dubai VISA Signature Credit Card is customized to empower their customer’s lives. The card members must stretch-up their financial flexibility and enjoy elite privileges while spending their money. Various features of CBD VISA Signature card are free. While some other features can be used after spending the minimum sum of money.

The card member can redeem points for the Skywards miles. The bank charges a foreign exchange fee on spending on foreign soil. The card members enjoy free access to international networks of the VIP airport lounges. Moreover, there is no annual fee for this card.

Key highlights of the CBD VISA Signature Credit Card:

The main highlights of CBD VISA Signature card are as follows:

  • Valet Parking
  • Free Travel Insurance
  • Airport Lounge Access
  • Attijari Cashback Program
  • MasterCard benefits

CBD – VISA Signature Credit Card at a Glance:

 

Minimum Salary

Annual Fee

Rate of Interest

Salary Transfer

Cashback

Balance Transfer

AED 12,000

No

3.29% per month

No

Yes

Yes

 

Salient Features of Commercial Bank of Dubai VISA Signature Credit Card:

CBD VISA Signature Credit Card comes with attractive and exclusive privileges to its prosperous card members along with exclusive power-packed features. Listed below are the salient features of Commercial Bank of Dubai VISA Signature Card:

Financial Features of VISA Signature Card:

The financial features include:

  • VISA Signature Credit Card from CBD has no yearly fee for the first year on the primary card. The bank offers a free supplementary credit card for a family member aged above 15 years.
  • The rate of interest starts from 3.29 per cent per month.
  • Attijari Points Reward Program – The cardholders can earn 2.5 points for each dirham they spent.

Extended Warranty:

The extended warranty feature adds real value to CBD VISA Signature card. The repair period offered by the actual warranty by the manufacturer for up to a year is doubled. This protects the cardholders against the cost replacement and repair of any item.

Security:

Commercial Bank of Dubai VISA Signature Credit Card is equipped with the Chip & Pin protection that gives cardholders the convenience to purchases, get cash in a protected way, and pay utility bills. This card requires a secured 4-digit PIN so as to complete the transaction while making purchases.

Convenience and 24x7 Assistance:

The bank offers 24x7 assistance to the CBD VISA Signature cardholders via the contact centre.

Purchase Protection:

Purchase protection feature of CBD Signature card offers the card members with extra peace of mind every time they make a transaction using this card. The purchase protection feature protects the cardholders against any accidental damage or theft of the items or commodities bought by the cardholder.

Key Benefits of CBD VISA Signature Credit Card:

Besides the aforementioned features of Commercial Bank of Dubai – VISA Signature Credit Card, there are several benefits that the cardholder can avail. They are as follows:

Lifestyle and Leisure Benefits:

CBD VISA Signature card offers 50% discount on the tickets to VOX cinema across the United Arab Emirates (UAE). In order to avail Valtrans and VOX facility, the customers should have a monthly retail spend of at least AED 5,000 on VISA signature card. If the spent on the CBD VISA Signature credit card is less than AED 5,000 during the month, the card account will be charged at actual VOX and Valtrans rate.

The card also offers free valet parking for Valtrans twice a month at Box Park, Dubai International Airport, City Walk, Mirdif City Centre, and several more locations.

NOTE: The retail spends on VISA Signature credit card by Commercial Bank of Dubai does not include Cash withdrawals, cash on call, or balance transfer.

VISA Benefits:

VISA Signature credit card from CBD offers multi-trip travel insurance for its card members and family.

The card members of CBD signature credit card are enjoying 8 maximum complimentary visits in the calendar year at more than 1,000 airport lounges worldwide for card members only. The entitlement works as mentioned below:

  • The first visit is complimentary.
  • For the rest of the 7 complimentary visits every calendar year, at least USD 1 international spent is needed in the calendar year.
  • Guest visits, except the card member visits, are chargeable. The charges are USD 27 per individual per visit directly to the CBD Visa signature card of the cardholder.
  • Any visit outside the airport lounge is charged at USD 27directly to CBD Visa signature card of the car member by the Loungekey.

Travel Benefits:

CBD Visa Signature card comes with the following travel benefits:

Travel Medical Insurance:

CBD Visa Signature card comes with free travel medical insurance on making a purchase using the card.

Airport Lounge Access:

CBD Visa signature card members get unlimited access to more than 550 airport lounges in around 400 cities across the globe via Lounge Key.

YQ Meet and Greet Service:

The card members get complimentary meet and greet service at the YQ. The cardholders can avail a discount of up to 30% on the retail prices at more than 450 destinations worldwide by booking with the card.

Some more travel benefits:

  • The cardholder can avail various discounts on AVIS car rental.
  • 10% of discounts while booking hotel and vacations via Agoda.

Entertainment Benefits:

CBD VISA Signature card members can avail 50% discount on four VOX tickets every month across the UAE. Moreover, the card also offers various discounts on different golf clubs across the Middle-East and North Africa (MENA) region.

Who can apply for CBD VISA Signature Card?

The applicant must fulfil the following parameters so as to apply for CBD VISA Signature Credit Card:

In case of salaried Individuals:

The salaried individual must be confirmed employee with a minimum salary of AED 12,000.

For UAE Residents:

The age of the individual applying for VISA Signature Credit Card must be between 21 years and 60 years at the expiry of the card for UAE residents.

For UAE Nationals:

The age of the individuals applying for CBD VISA Signature credit card must be between 21 years and 65 years at the expiry date of the card.

Why choose CBD VISA Signature Credit Card?

The following are the reasons to choose Commercial Bank of Dubai – VISA Signature Credit Card:

  • Free forever
  • Exclusive card to make purchases online
  • High travel benefits
  • Reward points on every transaction
  • Free purchase protection

CBD VISA Signature Fees and Charges:

 

Primary Annual Fee (First Year)

No fees

Primary Annual Fee (Second year onwards)

AED 500

Retail Rate of Interest

3.29% monthly

1.5% only for Private Banks

Cash Advance Interest Rate (from the transaction date)

3.49% monthly

Cash Advance Limit

50% of the limit of the credit card

Cash Advance Fees for Transaction

AED 300 or 3% (whichever is higher)

Supplementary Cards Annual Fees

Free

Late Payment

AED 209

Replacement for Lost/Stolen Card

AED 75

Over Limit

AED 209

Fees for the International Transactions (in Foreign Currencies and AED)

2%**

Liability Letter Issuance

AED 50

Fee for Transaction Copy Request

AED 25

 

**This fee is imposed for the transactions done in foreign currencies or AED at the merchant establishments, which includes e-commerce and physical merchants who are residents outside the UAE. This fee is levied along with the standard processing charges imposed by Visa International and MasterCard Worldwide.

CBD VISA Signature Credit Card Rewards:

What is Attijari Loyalty Program?

CBD credit cards come with an exclusive scheme referred to as Attijari Loyalty Program. The applicants of VISA Signature Card by CBD can earn rewards instantly. This is not it – the points they earn will multiply every time they use their CBD VISA Signature credit card or improve their monthly average balance on their accounts. Attijari Loyalty Program is a token of gratitude to the customers of CBD and the bank makes it easy and flexible for the users to use.

Top Features of this Program are:

Attijari Loyalty Program comes with the below mentioned features:

Earn Points:

The cardholder can earn points with the CBD products and all the purchases made using CBD VISA signature card.

Redeem Points:

The card members can redeem their accrued reward points for Etihad Miles, Skyward Miles or cash back.

Free Enrollment:

CBS VISA Signature cardholders automatically get enrolled into this Reward Program without paying any charges.

Manage Points:

The card members have access to manage and redeem their reward points by making use of CBD Online banking facility.

How to Earn points on CBD VISA Signature Credit Card?

The cardholders can earn reward points on CBD VISA Signature card by not only using it on the purchases:

 

Type of Purchase

Points earned for every 1 AED spent

Government Spent

0.50 points

Retail Grocery Purchase

1 point

Other International Purchase

2 points

Other UAE Purchase

1.5 points

 

How can Points be Redeemed on CBD VISA Signature Credit Card?

If the card members want to redeem reward points on their CBD VISA Signature credit card, they have to follow the steps mentioned below:

Step 1: Visit the official portal of Commercial Bank of Dubai

Step 2: Hit the ‘Manage and Redeem your Points’ button on the Overview Page. Or the cardholder can make a call on 600 575 556.

Step 3: The card members can pick any one option out the three – Etihad Guest Miles in the rate of 20 for 1 mile, Cashback, or the Emirates Skywards Miles.

Documents needed to apply for CBD VISA Signature Credit Card:

The applicant would require the following documents while filing an application for CBD Signature credit card:

In the case of the self-employed:

  • A valid trade license
  • A valid passport, residence VISA, National ID or the Emirates ID

In the case of the Salaried Individuals:

  • A certificate for salary
  • A valid passport, residence VISA, National ID or the Emirates ID

How to apply for CBD VISA Signature Credit Card?

So as to apply for CBD VISA Signature Credit card, the applicant must follow the below mentioned steps:

Step 1: Visit the official portal of the Commercial Bank of Dubai

Step 2: Hit the ‘How to apply’ tab on the right side of the page.

Step 3: The applicant will be redirected to a new page wherein, the applicant will be required to fill in the application form online. The form will have various sections that have to be filled such as the personal details (name, date of birth, address, mobile number, and email address), Employment details, and Products details that the person is applying for.

Step 4: Click the ‘Review my application’ button and submit the form online.

Step 5: The officials from Commercial Bank of Dubai will get in touch with the applicant shortly.

How to activate CBD VISA Signature Credit Card?

Before the card members can use their credit card, they need to activate it. In order to activate their VISA Signature credit card, the cardholders can choose any of the below-mentioned options:

SMS:

The card members have to type CACT<space>last 4 digits of the card number<space>4 digits clear PIN and send it to 4266 from their registered mobile number with the Commercial Bank of Dubai. The cardholders must remember that this will come in effect with the next business day.

Commercial Bank of Dubai (CBD) Internet Banking:

The cardholder has to login to the CBD Online Banking. The instructions must be followed so as to activate the card.

If the cardholders are not yet registered with CBD Online Banking yet, then they must register themselves first and then activate their card online.

Phone:

The card members can call on CBD’s customer service centre on their toll-free number 600 575 556. They have an option to choose the language after that they need to choose option 4.The cardholders will require Telephone Identification Number (TIN).

NOTE: The cardholders must make sure that they sign on the back of CBD VISA Signature Credit Card.

1. CBD VISA Signature Credit Card Payment Options:

Paying back the balance of Commercial Bank of Dubai VISA Signature Credit Card has now become an easier, convenient and hassle-free process. The cardholders can pay off their balance by using various methods. These ways are mentioned below:

2. CBD Internet and Mobile Banking:

In case the card members have obtained a bank account with the Commercial Bank of Dubai, then they can make the payment using their bank account towards the CBD VISA Signature Credit Card balance.

3. CBD Branches:

The card members can also make this method to pay off the card balance. They just have to visit the CBD Branches location in the United Arab Emirates (UAE).

4. Facebook Branch:

The cardholders can pay off their card’s balance for VISA Signature Credit Card via CBD Facebook branches. The members can visit the official website of CBD Bank for more details on Facebook branches.

5. Cheque Deposit Machines (CDMs):

The cardholders can also deposit cheques for their Commercial Bank of Dubai – VISA Signature Card to pay off their credit card balance. The card members must mention their name and mobile number along with their CBD VISA Signature credit card number at the back of the cheque.

6. CBD Phone Banking:

The cardholders can make a call on the toll-free number of Commercial Bank of Dubai – 600 575 556 to pay off their credit card balance via Interactive Voice Response System (IVR).

7. Al Ansari Exchange:

The card users have to visit any branch of Al Ansari Exchange and make payment of their credit card bill. The card user has to pay a fee of AED 5 on every transaction.

Standing Instructions/ Account Transfer:

The card members can give their account transfer instructions or the standing instructions to the CBD bank in order to clear the due amount on their CBD VISA Signature credit card on the due date of the payment.

Redha Al Ansari Exchange:

The card users have to go to any branch of Redha Al Ansari Exchange and make payment of the credit card bill in cash towards their CBD VISA Signature credit card. Nevertheless, the highest limit to pay off the VISA Signature card is AED 15,000 per day.

FAQs:

Q1. Can card members see the expired points on the statement of their Attijari Points?

A1. No. Card users cannot see the expired points on the statement of their Attijari Points. However, the CBD Bank provides such information and details upon request.

Q2. Will cardholders earn points on using their CBD Mobile and Online Banking?

A2. Yes, card members can earn Attijari points of several banking services, international fund transfers via CBD Online and Mobile banking, and utility bill payment.

A card member can earn Attijari Points via Online and Mobile Banking:

 

Usage

Earned Reward Points

Reward Limits

First Time Registration

500 points

One time on registration

Utility bill payment

50 points

5 transactions worth 250 monthly

Set up for the utility bill payment

250 points

One time for first set up

International funds transfer

500 points

AED 5000 and above on every transaction

 

Q3.How much cash can be transferred from CBD VISA Signature credit card to an account?

A3.  The card members can transfer up to 50% of their CBD VISA Signature Credit Card limit.

Q4. What interest rate is charged on getting cash advance?

A4. A rate of interest of 3.49% is charged with the unsettled balance on cash advance of CBD VISA Signature credit card.

Q5. Who can obtain a supplementary card?

A5. The card member should a member of the family of at least 15 years of age in order to be eligible for a supplementary card.