Emirates Islamic Cashback Plus Credit Card

Emirates Islamic Cashback Plus Credit Card

A report published in the Gulf News reveals that credit cards remain the preferred method pf payment over cash for the residents in the UAE region. In fact, UAE residents, both expats and nationals alike, put most spends on their credit cards, be it their household expenses, dining expenses, utility bills or travel expenses.

In fact, in 2017, the UAE residents spent around Dh216 billion on goods and services using their credit cards, according to a report by Euromonitor International. This accounts for 45% of all sales transactions at retail shops and other business outlets in the entire UAE region. Euromonitor International also forecasts that credit cards will become the most preferred payment method in the UAE by 2020 leaving cash transactions miles behind in terms of popularity.

Here’s an interesting finding: UAE residents are often seen in a lookout for ways to ensure maximum value for their money and. In fact, 53% of the UAE residents look for ways to save money and earn cashbacks, according to a survey by McKinsey & Company. This is where cash back offers come to the rescue of UAE residents. Cash back offered by best credit cards help UAE residents ensure maximum value for their money.

And given the fact that the a large population in the UAE wants to make maximum value for the money, UAE’s leading financial institution, Emirates Islamic Bank introduced its ground-breaking Emirates Islamic Cashback Plus Credit Card that promises an ocean of savings to the UAE residents on every dirham spent.

About Emirates Islamic Cashback Plus Credit Card

In January 2017, UAE’s premier and most sought-after Islamic financial institutions– Emirates Islamic launched its “Emirates Islamic Cash Back Plus Credit Card” to reward its card members with 10% cash back on every dirham they spend. Since its launch, Emirates Islamic Cashback Plus Credit Card has consistently been the bestselling card in the UAE region and has found hundreds and thousands of suitors, and admirers.

Packed with loads of unique benefits and innovative rewards to provide maximum value for money to the card members, this Shari’a compliant Visa Cash Back Plus Card offers 10% cash back on all spends including, but not limited to, to supermarket spends, education, dining, telecom expenses and much more. 

Additionally, the Emirates Islamic Cash Back Plus Card is also connected with the region’s popular Mazaya Offers platform to ensure that the card members get easy access to unmatched benefits, exciting discounts and exclusive privileges at retailers and restaurants across the UAE region. And that’s not all. Emirates Islamic Cash Back Plus Card also offers its card members an easy access to a wide range of exclusive offers from VISA and exclusive 0% Easy Payment plans. 

Features of Emirates Islamic Cashback Plus Credit Card

Emirates Islamic Cashback Plus Credit Card is loaded with an extensive range of amazing and helpful features to provide card members with maximum value for their money. No wonder, this innovative card consistently tops all popularity charts in the region amongst card seekers of all budget, taste and preferences. Here is a little smattering on just some of the many useful and helpful features of Emirates Islamic Cashback Plus Credit Card.

  • RTA benefits
  • Medical and legal referral
  • Multi-trip insurance
  • Easy Payment Plans
  • Balance Transfer Facility
  • Cash on Call Facility
  • Islamic Credit Shield
  • Purchase Protection
  • Extended Warranty for up to 12 months on items purchased through the card.
  • 24-hour customer support facility
  • Free supplementary Cards
  • Fully Shari'a compliant

Benefits of Emirates Islamic Cashback Plus Credit Card

Ranking alongside some of the bestselling credit cards in the UAE region, Emirates Islamic Cashback Plus Credit Card offers a wide range of unique and exciting benefits to the card members. With amazing benefits, exclusive cash back rewards and exciting discounts, this amazing cash back card from Emirates Islamic helps card members make sizeable savings, without having to run from pillar to post. Here is a little list of some of the many benefits of Emirates Islamic Cashback Plus Credit Card that add to its popularity in the UAE region.

  • Up to 10% cash back on supermarket spends
  • Up to 10% cash back on education
  • Up to 10% cash back on dining
  • Up to 10% cash back on telecom expenses
  • Complimentarym, unlimited access to over 750 airport lounges worldwide
  • Complimentary golf benefits
  • Exclusive discounts and previliges at over 900 luxury hotels around the world
  • Exclusive benefits and discounts at UAe's finest golf courses
  • Exclusive Mazaya Offers

Eligibility

Listed below are the eligibility criteria for Emirates Islamic Cashback Plus Credit Card:

  • Income Eligibility: AED 5,000 and above (Minimum monthly income)
  • Residential Eligibility: UAE residents with valid UAE residence Visa
  • Verification Eligibility:  Age/Id Proofs

Top Reasons to Get Emirates Islamic Cashback Plus Credit Card

Zero annual fees, exciting cashback offers and exclusive list of discount deals, Emirates Islamic Cashback Plus Credit Card has everything and more on offer to leave its card members sheer spoilt for choices. Here is a little smattering on top 5 reasons why Emirates Islamic Cashback Plus Credit Card makes the best bet for all sort of spenders in the UAE region.

  1. Exclusive Cash Back - Emirates Islamic Cashback Plus Credit Card provides its card members with exclusive cash back offers for every dirham spent on the card. Card members can easily earn up to 10% cash back on purchases made at any supermarket, education, restaurants, and telecom expenses in the UAE or abroad.
  2. Additional Privileges - Emirates Islamic Cashback Plus Credit Card members also get access to an extensive and exclusive range of additional privileges including golf benefits and hotel stays. Emirates Islamic Cashback Plus Credit Card members can earn exclusive discounts at 900 luxurious hotels around the world including best available room rates, automatic room upgrade, free internet, complimentary breakfast, VIP guest status and US$25 voucher for food and beverages. In addition, card members also get access to exclusive benefits and discounts at some of the UAE’s finest golf courses.
  3. Purchase Protection - Emirates Islamic Cashback Plus Credit Card provides coverage of USD 5000 per occurrence and USD 20,000 per year against loss or damage of purchased items. This coverage is available for up to 12 months from the date of purchase.
  4. Multi Trip Travel Insurance - In addition to the exclusive range of cash back offers, additional privileges and purchase protection, Emirates Islamic Cashback Plus Credit Card ensures complete peace of mind for the card members when travelling overseas by organizing travel and medical insurance. Card members are automatically covered for travel accident and travel inconvenience insurance on all types of trips of up to 90 days.
  5. No Annual Fees - Emirates Islamic Cashback Plus Credit Card is available at zero annual fee for the first year. For subsequent years, the annual fee waiver is based on a minimum spend of AED 30,000 annually.

Emirates Islamic Cashback Plus Credit CardOffers (Updated in June 2018)

  • Up to 10% cash back on supermarket spends
  • Up to 10% cash back on education
  • Up to 10% cash back on dining
  • Up to 10% cash back on telecom expenses
  • Exclusive Visa Offers
  • Up to 30% at restaurants across the UAE
  • Fabulous discounts at partner outlets across UAE
  • US$25 food or beverage voucher

Fees and Charges

Annual Membership Fee

AED 299

Cash Advance Fee

3% of cash advance amount or AED 99 whichever is higher (This will be revised to 3% of cash advance amount or AED 149 whichever is higher effective April 01, 2019)

Maximum cash advance per transaction       

10,000 or 50% of the card limit whichever is lower

Over limit fee

AED 249 (This will be revised to 279 effective April 01, 2019)

Late payment fee

AED 225

Card replacement fee

Free (This will be revised to 50 effective April 01, 2019)

Copy of sale voucher

AED 50

Overseas transaction in UAE Dirhams           

1.99%

Forex Charges  

2.34%

Minimum Payment Due

5% of statement balance PLUS any overdue amount, or AED 100, whichever is higher

No Liability Certificate

AED 50

Liability Letter

AED 50

Paper statement fee

10 (No Charge for Priority customers)

Cheque & Direct Debit Return     

AED 100

E statement

Free

 

Emirates Islamic Cashback Plus Credit Card Rewards

  1. Cash Back Rewards: Emirates Islamic Cashback Plus Credit Card allows card members to earn cash back plus points on every dirham spent on card. Emirates Islamic Cashback Plus Credit Card offers 10% cash back on purchases made at any supermarket, education, restaurants, and telecom expenses in the UAE or abroad. Telecommunication spends made at Du and etisalat stores, website or through Emirates Islamic channels are only eligible for cash back.
  2. Mazaya Rewards: Emirates Islamic Cashback Plus Credit Card is linked to the popular Mazaya Offers platform that provides card members with an easy access to exciting discounts, unmatched benefits, and exclusive privileges at restaurants and retailers across the UAE. Emirates Islamic Cashback Plus Credit Card members get to earn up to 30% discounts at restaurants and hefty discount deals at Emirates’ shopping partners across the UAE region.
  3. Hotel Stay Rewards: Emirates Islamic Cashback Plus Credit Card members also get to earn exclusive exciting offers at more than 900 plush properties across the globe. Some of the most exciting hotel benefits offered by Emirates Islamic Cashback Plus Credit Card include:
  • Best available rate guarantee
  • Automatic room upgrade upon arrival, when available
  • Free in-room Internet
  • Complimentary continental breakfast
  • 3PM check-out, when available
  • VIP Guest status
  • US$25 food or beverage voucher
    1. Exclusive Golf Access: In addition, Emirates Islamic Cashback Plus Credit Card members also provide exclusive benefits and discounts at UAE’s finest Golf Courses. Here’s a list of some of the many elite golf courses in the UAE where Emirates Islamic Cashback Plus Credit Card members can access exciting offers:
      • Jumeirah Golf Estates
      • Al Hamra
      • Sharjah Golf & Shooting Club
      • Tower Links
      • Abu Dhabi Golf club
      • Jumeirah golf Estates
      • Saadiyat Beach Golf Club
      • Arabian Ranches
      • The Els Club
      • Al Zorah Golf Club
      • Abu Dhabi City Golf Club

How to Earn Rewards?

Emirates Islamic Cashback Plus Credit Card helps card members earn up to 10% guaranteed cash back on telecom expenses, education, supermarket spends in the UAE and overseas. Here’s a table that illustrates how card members can earn cash back with Emirates Islamic Cashback Plus Credit Card:

 

Monthly Spend Tiers (AED)

Dining

Hypermarket

Education

Telecom

0-2,499

0%

0%

0%

0%

2500-7,499

3%

3%

3%

3%

7,500 -14,999

5%

5%

5%

5%

15000+

10%

10%

10%

10%

Monthly Maximum Cash Back (AED)

200

200

400

200

How to Redeem Your Points?

Cash back earned on the Emirates Islamic Cashback Plus Credit Card can be redeemed by contacting the Emirates’ support team at 600 599 995. It is important to remember that card members need to have at least 100 cash back points to redeem the cash back reward and, cash back rewards are added as statement credit in AED.

Additional Information / Documentation

Here is a list of documents that applicants may need to furnish in order to get Emirates Islamic Cashback Plus Credit Card:

      • Income documents/recent pay slips (Salaried individuals)
      • Passport copy
      • Resident visa
      • Emirates id
      • 3-6 months bank statement
      • Credit card copy
      • Recent credit card statement
      • Residence proof
      • Address Proofs

How to Apply For Emirates Islamic Cashback Plus Credit Card?

With so much on offer, it isn’t surprising why Emirates Islamic Cashback Plus Credit Card sells like hot cake in the UAE region. Whether it is telecom bills, educational expense, supermarket spends or dining bills, card members prefer putting their spends on Emirates Islamic Cashback Plus Credit Card to earn more and more cashback.

Those looking to apply for this exclusive and helpful credit card must do well to get acquainted to the fee structure, features & benefits and fine prints of the card before putting in the application.

Listed below is the procedure for applying for Emirates Islamic Cashback Plus Credit Card:

      1. Eligibility: Before everything else, one must check his or her eligibility to apply for Emirates Islamic Cashback Plus Credit Card. Only those who are 18 years or above can apply for this credit card. In addition, applicants need to ensure that they have a regular source of income. Remember, in case applicants do not have regular source of income, the application may be rejected by Emirates Islamic.
      2. Application Form: Applicants can easily fill and submit the application form for Emirates Islamic Cashback Plus Credit Card by visiting the official website of Emirates Islamic or by visiting one of the nearest branches of Emirates Islamic. One must always provide accurate and updated information when filling up the application form to avoid any chances of rejection of application.

Listed below are the details required to be filled in the Emirates Islamic Cashback Plus Credit Card application form.

      1. a) Personal information: Applicants need to provide their personal information in order to confirm their real identity.  

Below mentioned information is typically required for personal details:

      • Complete name
      • Complete address
      • Phone numbers (Primary and secondary).
      • Years at present address
      • Email address
      • Date of birth
      • UAE residence Visa
      • Identification proof
      • Passport (Expats)
      • Emirates ID
      • Address Proofs
      1. b) Employment Information: In addition to the personal details, applicants are also required to fill in their employment details when filling up the application form for Emirates Islamic Cashback Plus Credit Card.

This information may include:

      • Name of employer
      • Length of employment
      • Applicant’s position at work
      • Type of business
      • Address and phone number of applicant’s work place
      • Salary Certificate/Salary transfer letter (Salaried individuals)
      • Trade licence (Self-employed individuals)

Both salaried and self-employed individuals can apply for Emirates Islamic Cashback Plus Credit Card.

      1. c) Financial Information: Applicants are also required to provide their financial information as well.

Financial information includes:

      • Salary Certificate/Salary transfer letter (Salaried individuals)
      • 3-6 months bank statements
      • Credit card copy
      • Recent credit card statement
      • Income documents/recent pay slips (Salaried individuals)
      1. Documents Required For Application: Applicants are required to furnish documents supporting their personal, employment and financial information. Listed below are just some of the many vital documents required to apply for Emirates Islamic Cashback Plus Credit Card:
      • Income documents/recent pay slips (Salaried individuals)
      • Passport copy
      • Resident visa
      • Emirates id
      • 3-6 months bank statement
      • Credit card copy
      • Recent credit card statement
      • Residence proof
      • Address Proofs

How long does it take to apply for Emirates Islamic Cashback Plus Credit Card?

All thanks to the user-friendly and easily navigable credit card comparison website, Policybazaar.ae, applying for Emirates Islamic Cashback Plus Credit Card just takes a few minutes. Applicants can check the different features and benefits of the card and compare it with other bestselling cards in the same category to make a well-informed decision.

FAQ's

Question 1: What is so unique about Emirates Islamic Cashback Plus Credit Card?

Answer: Emirates Islamic Cashback Plus Credit Card is unique credit card that promises world of savings to the card members. Card members get to earn up to 10% cash back on supermarkets, education, dining and telecom spends. In addition, card members also get to enjoy gold class cabin access on the metro and unlimited complimentary access to over 750 airport lounges worldwide. The best part is the fact that these privileges and benefits are available both to the primary card holder as well as the secondary card holder.

Question 2: How much cash back can be earned on the card?

Answer: Card members can get to earn up to 10% cash back on payments made for supermarket, education, dining and telecom. This cash back is provided in the form of cash back points. This is subject to minimum monthly spend of AED2,500 on the card.

Question 3: What is the cash back calculation for different spend categories? Is there any capping on the cashback?

Answer: Listed below is the cash back calculation for different spend categories:

 

Monthly Spend Tiers (AED)

Dining

Hypermarket

Education

Telecom

0-2,499

0%

0%

0%

0%

2500-7,499

3%

3%

3%

3%

7,500 -14,999

5%

5%

5%

5%

15000+

10%

10%

10%

10%

Monthly Maximum Cash Back (AED)

200

200

400

200

 

There is a capping on each spend category.

Question 4: What’s value of one cash back point?

Answer: The value of one cash back point is equal to 1 AED.

Question 5: Is there an annual fee for the primary and the secondary card?

Answer: Emirates Islamic Cashback Plus Credit Card comes with an annual fee of AED 299. However, there is no fee for the supplementary cards.

Question 6: Can supplementary cards be availed with this card?

Answer: Up to 4 supplementary cards can be availed with Emirates Islamic Cashback Plus Credit Card.

Question 7: Do supplementary cards earn cash back?

Answer: Yes! Supplementary cards also earn cash back on spends. However the cash back earned on supplementary cards can only be redeemed against the Primary Card account. In addition, cash back earned by the supplementary cards appear only on the statement of the Primary Card account.

Question 8: How to redeem cash back?

Answer: It is easy to redeem cash back points earned with Emirates Islamic Cashback Plus Credit Card and one can simply call 600 599 995 to redeem the cash back points. However, it is important to remember that card members need to have at least 100 Cashback Plus points on the Card account to redeem points.

Question 9: Is there an expiry duration for Cashback Plus points?

Answer: Yes, Cashback Plus points expire in 2 years from the date of earning, if not redeemed.

Question 10: If the card is cancelled, will the cash back earned also be cancelled?

Answer: Cash back points not redeemed within 2 years from date of the earning or post card cancellation will be forfeited.

Question 11: In case of a reversal of transaction, do the cash back points earned also get reversed?

Answer: Yes! In the event of a transaction’s reversal, the cash back points earned on the transaction also get reversed. Cash back is provided only for actual transactions.

Question 12: Are there any transactions that don’t earn cash back points?

Answer: Yes! The below mentioned transactions do not earn any cash back points:

      • Balance transfer
      • Cash withdrawals
      • Easy Payment plans
      • School Fee Payment Plan installment
      • Cash Advances
      • Fees and Charges
      • Credit Card payments
      • Merchant refunds

Question 13: Can cash back cards be redeemed from a different card?

Answer: No! Cash back redemption is only allowed against the card on which the cash back points were accrued.

Question 14: How to make payments for Emirates Islamic Cashback Plus Credit Card?

Answer: Listed below are the ways by which one can make payments for Emirates Islamic Cashback Plus Credit Card:

      • Auto debit from Emirates Islamic Current/Investment Savings Account
      • Emirates Islamic Online Banking
      • Cash payments
      • Cheque payments
      • Exchange Payments

Question 15: Is the card Shari'a compliant?

Answer: The Emirates Islamic Cashback Plus Credit Card is fully compliant with the Shari'a principles.