Dubai Islamic Bank Prime Platinum Card

With over 1.9 million customers, the Dubai Islamic Bank is UAE’s largest Islamic Banking organization. Dubai Islamic Bank offers its cardholders a completely transparent and Shariah-compliant system of banking, which is unparalleled in its commitment to customer support. The bank was founded in 1975 and as such, has more than four decades years of experience.

The Dubai Islamic Bank Prime Platinum credit card provides a host of benefits right from travel and insurance benefits to exciting shopping offers, and more. Moreover, this DIB credit card is offered for no annual membership fees and a low profit rate, which makes it the perfect card for frequent travellers with a tight budget.

Features & Benefits of DIB Prime Platinum Credit Card

Given below is a list of the exclusive features & benefits of this DIB credit card:

Visa Luxury Hotel Collection

Dubai Islamic Bank Prime Platinum credit card members are given VIP guest status across the premium line of Visa luxury hotels. As part of this program, cardholders receive discounts on room rates, room upgrades, free WiFi and breakfast, late check-outs, and a free USD 25 food and beverage voucher at more than 900 luxury hotels all over the globe.

Purchase Protection

Cardholders can spend without inhibition, knowing that all the purchases made with their Dubai Islamic Bank Prime Platinum credit card are protected against damage and theft for up to 60 days from the date of purchase. The service can be availed of for a maximum of US $3,000 per incident locally and across the world.

Personal & Travel Insurance

The Dubai Islamic Bank Prime Platinum credit card offers cardholders and their family members a free personal accident and travel insurance for up to US$ 100,000. This insurance scheme offers coverage for personal accidents, emergency medical expenses, emergency dental expenses, trip delays, trip cancellations, baggage loss, loss of cash and valuables, and more.

Roadside Assistance

The Dubai Islamic Bank Prime Platinum credit card also offers protection to the cardholder’s vehicle via its roadside assistance. The services offered under the Dubai Islamic Bank roadside assistance benefit include fuel delivery, flat tyre repair, lock-out help, 24 hours of replacement car eligibility, complimentary international driving license, towing, vehicle servicing, vehicle registration, battery boosting, and more.

Credit Shield Takaful

All card payments on the Dubai Islamic Bank Prime Platinum credit card are covered under the Credit Shield Takaful (insurance). Cardholders can avail of the service for a nominal fee of 0.89% of their Dubai Islamic Bank credit card limit. Cardholders who opt-in for this insurance policy are covered against involuntary loss of employment, permanent total disability and death.

Card Protection Plus

Cardholders are offered an even greater level of security through the Card Protection Plus feature. This feature enables customers to set spending restrictions on their Dubai Islamic Bank Prime Platinum credit card with respect to the type of purchase, use of the credit limit and even limited to specific geographical locations.

Balance Transfer

Members of the Dubai Islamic Bank Prime Platinum credit card can easily transfer outstanding balance from their other bank’s credit cards to this DIB credit card with a single phone call. The Dubai Islamic Bank credit card balance transfer feature allows cardholders to transfer as much as 80% of their credit limit and can be availed at a 0% profit rate charge for the first 6 months.

Easy Payment Plans

From education bills to home appliances, purchases made with the Dubai Islamic Bank Prime Platinum credit card can be converted into the DIB Easy Payment Plan (for selected stores only. A DIB EPP allows cardholders to repay the purchased amount as monthly instalments over tenors of 3 to 12 months.

Cash Withdrawals

This DIB credit card allows cardholders to withdraw up to 80% of their available credit limit as an when they require it. Cash can be directly transferred to the Dubai Islamic Bank card account via the Dubai Islamic Bank online portal.

DIB Prime Platinum Credit Card Rewards & Offers

Some of the key DIB Prime Platinum credit card offers and rewards are as follows:

Wala’a Reward Loyalty Program

Members of the Dubai Islamic Bank Prime Platinum credit card are given membership into the DIB loyalty program by the name of Wala’a Rewards. Under this program, card members can earn 2.5 Wala’s rewards points on every dirham spent across all retail purchases. Wala’a Rewards can be redeemed for various benefits such as flight tickets, hotel stays, bill payments, retail purchases, and more.

Please note that the card member will earn 0.5 Wala’s rewards points for every 1 dirham spent across retail credit card spends which are made under the categories like Telecom, Supermarkets, Petroleum, Education, and Government services (including bill payments).

Eligibility Criteria to Apply For DIB Prime Platinum Credit Card  

The various Dubai Islamic Bank Prime Platinum credit card eligibility criteria requirements are as follows:

  • Minimum Age Requirement: 21+ Years
  • Minimum Monthly Salary Required: AED 15,000
  • Residential Eligibility: UAE residence Visa

Fees & Charges on DIB Prime Platinum Credit Card

Following are the fees & charges associated with this DIB Credit Card:

 

Fees and Charges Amount
Annual Membership Charges Free
Monthly Subscription Charges 600
Profit Rate on Salam Up to 3.25% per month
Cash Advance Charges AED 94.50
Late Payment Charges AED 236.25
Card Replacement or Reissuance Charges AED 52.50
Duplicate Statement Charges AED 47.25
Sales Voucher Copy AED 26.25
Returned Cheque Fee AED 105
Outstation Cheque Processing Fee AED 52.50
Upgrade Charges AED 288.75
Credit Shield Takaful Charges 0.94%
International Usage Charges (Non AED) 2.26%
International Usage Charges (AED) 2.09%
Annual Membership Fee for Internet and Supplementary Cards Free
Payment Via DIB Cheque Free
Liability Letter Issuance AED 52.50
Profit Rate on Easy Payment Plan/Balance Transfer/ Cash on card A maximum of 3.15% per month

(Updated as of November 10, 2020)

Frequently Asked Questions on Dubai Islamic Bank Prime Platinum Credit Card

Q1: Will I receive any food voucher with the Dubai Islamic Bank Prime Platinum Credit Card?

Ans: Yes, you will get food & beverage voucher worth US$ 25.

Q2: How much does Credit Shield Takaful cover for Involuntary loss of employment?

Ans: You can avail maximum coverage of up to AED 30,000 for involuntary loss of employment.

Q3: Does baggage loss also covered under personal and travel insurance?

Ans: Yes, baggage loss gets covered under the personal and travel insurance offered by the DIB Prime Platinum Credit Card.

Q4: Will I earn Wala’a Reward Points on cash withdrawals?

Ans: No, Wala’a rewards can’t be earned on cash withdrawals.

Q5: Can I cancel my travel tickets which I have booked by using my Wala’a reward points?

Ans: Yes, you can cancel your travel tickets but please note that your reward points will not be added back into your account.

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