Using this CBI Credit Card, the card member can earn the highest level of rewards (through CBI Rewards) offered by the bank. This Rewards World Card is loaded with a variety of features, privileges, and benefits that fulfill the lifestyle needs of the cardholder.
The cardholder can avail free access to airport lounges worldwide, complimentary movies, free CBI Lifestyle membership (entertainment & dining program), and much more.
Benefits and Features of CBI Rewards World Credit Card
Written below are a few features & benefits of this CBI Bank Credit Card that make it one of the most sought after credit cards offered by CBI.
- Access to Airport Lounges: In partnership with LoungeKey, this CBI Credit Card offers free and unlimited access to more than 850 airport lounges throughout the world. Both, the primary and the supplementary cardholder can unwind and relax while traveling by availing this offer and can enjoy complimentary Wi-Fi, refreshments and more. All one has to do is:
- Visirt any of the partner airport lounges
- Show the CBI Rewards World credit card
- Follow the receptionist’s instructions for getting access to the lounge
Note: A charge of USD 32 or AED 117 will be charged to the Mastercard user’s credit card for accompanying guests per visit.
- Fast Track Travel Visa Facilities at Discount: Using this First World card, the cardholder can enjoy a discount of 40 percent on exclusive benefits including-
- Priority services for processing the visa for a trip to the UK, Schengen, Saudi Arabia, New Zealand, and Australia
- Appointment scheduling on priority
- Collection of documents from the applicant’s premises
- Filling and typing of the form
- Travel Medical Insurance: The cardholder can avail free travel medical insurance using this Rewards World MasterCard. They can visit the MasterCard website for more details.
- Confirmation Letter for Travel Insurance: The cardholder can generate an online letter easily and instantly for their Schengen or any other Visa requirements with the CBI Rewards World credit card.
- Insurance for Travel Inconvenience: The card member can also avail free insurance for travel inconvenience using this Rewards World MasterCard. They can check the MasterCard website- www.mastercard.com/mel for further details.
- Balance Transfer: A credit card balance transfer facility is the transfer of any outstanding debt in a credit card account to an account held at another credit card company by the same person. This process is encouraged by most credit card issuers as a means to attract more customers as it is an efficient way to manage credit card debt.
This CBI Credit Card offers a 0 percent interest Balance Transfer for three or six months.
- Quick Cash Loan: The cardholder can avail quick cash loan facility which offers cash transfers equal to 75% of the limit (maximum) at attractive rates of interest.
- Complimentary Movies: The card member may earn up to 100 percent cashback on a maximum of four movies tickets every month at any day of the week, at any cinema in UAE. The card users can avail these benefits by purchasing tickets online using the CBI Rwards World credit card, the CBI mobile app or even over the counter. The cashback is awarded in the following manner:
|AED 4,000 or more
|AED 6,000 or more
- CBI Lifestyle: CBI lifestyle is a unique entertaining and dining discount program. This program provides buy one get one free offers and amazing discounts at various lifestyle, wellness, entertainment, and dining outlets. These offers can be availed by downloading the CBI Lifestyle app on iOS or Android devices and registering for this program.
Rewards and Offers on CBI Rewards World Credit Card
CBI Rewards is amongst the top loyalty programs across UAE. This program has a high earning rate for points and a large range of options for redemptions. The cardholder has the flexibility to use the points for whatever they need.
- Activation Bonus: The card member can earn a maximum of 50,000 reward points as a bonus on activation & spend.
- CBI Rewards: The cardholder can earn CBI Reward Points for the 1st Dirham they spend. Mentioned below is the rewards chart for reference:
||Reward Points (on each dirham)
|Spends in non-UAE dirhams
|When transaction amount is more than 2,000 AED
- Discount on Cleartrip Airline: On booking tickets on Cleartrip using their CBI Rewards MasterCard, the cardholder can avail these benefits-
- 10 percent off on the airfare of any overseas round-trip
- No restrictions regarding any minimum amount
- Airfare discounts will be applicable for all airlines
- Unlimited offer usage
- Careem Rides: The card member can enjoy first Careem ride free (for 1st-time users) or avail 20 percent off on 3 rides every month.
Eligibility and Documents Required for CBI Rewards World Credit Card
- The minimum salary required for CBI Rewards Platinum Credit Card is AED 15,000
- Only UAE Residents of age 21-60 years are eligible
- A valid passport for UAE Nationals
- A valid passport and valid UAE residence visa for Expatriates
- A valid Emirates ID
- The applicant’s salary certificate
- The applicant’s last three months bank statements
Charges and Fees on CBI Rewards World Credit Card
Written below are a few fees and charges of this CBI Bank Credit Card.
|Fees and Charges
|Annual Fee on Primary Card
|Annual Fee on Supplementary Card
||First 3 cards: Nil4th Card onwards: 105 AED
|Finance Charge- Retail Transaction
|Finance Charge- Retail Transaction (on missed payment)
|Finance Charge- Cash Transaction
|Finance Charge- Cash Transaction (on missed payment)
|Cash Advance Charge
||3.15% (minimum 105 AED)
|Late Payment Charge
|Over Limit Charge
|Card Reissuance/Replacement Charge
Frequently Asked Question about the CBI Rewards World Credit Card
Q1: What are the balance transfer charges applicable on the CBI Rewards World Credit Card?
Ans: The balance transfer charges on the CBI Rewards World Credit card is 0 percent for 3 months.
Q2: What is the Foreign Currency Transaction fee applicable on the CBI Rewards World Credit Card?
Ans: The foreign currency transaction charges applicable on the CBI Rewards World Credit card is 2.99%
Q3: How long is the interest free period for the CBI Rewards World Credit Card repayment?
Ans: A period lasting up to 55 days is deemed interest free for the CBI Rewards World Credit card repayment.
Q4: Does the CBI Rewards World Credit Card come with a Travel Medical insurance facility?
Ans: Yes, the CBI Rewards World Credit card offers a travel medical insurance to its card users. Visit www.mastercard.com/mel for more details.
Q5: What should one do if their CBI Rewards World Credit Card is lost or stolen?
Ans: Credit card users are requested to call 04 503 9000 immediately upon losing their CBI Rewards World Credit card. The Customer service representatives are available 24/7 for assistance. One can also call on +971 4 503 9000 if they are travelling overseas.
Q6: What is a 3D secure service and does the CBI Rewards World Credit Card offer this service?
Ans: Yes, the CBI Rewards World Credit card offers additional security in the form of 3D secure, real time fraud monitoring and SMS transaction alerts to make online transactions even more secure.
CBI’s 3D Secure feature is a service which provides its card users with additional security when they shop online using their CBI credit or debit cards on any of the merchant websites which subscribe to the services of MasterCard SecureCode and are Verified by Visa.