Emirates Islamic Credit Cards

About Emirates Islamic Bank

On the basis of Sharia-compliant concepts of Islamic banking, Emirates Islamic Bank was established in the year 2004. The line of Emirates Islamic credit cards has been created to fully incorporate the benefits of prudent financial investment while benefiting society as well. As per the rules of Islamic Banking, any form of interest or Riba is prohibited. Instead, the Emirates Islamic Bank credit cards share all the profits and the risks with customers and shareholders alike.

With the aim of being the best Islamic bank in the UAE, Emirates Islamic Bank offers some of the most rewarding credit cards in the UAE. The Emirates Islamic Bank credit card benefits are further compounded with a salary transfer scheme. Transferring salary into an Emirates Islamic Bank account is rewarded by incredible benefits such as free Takaful (insurance), bonus SmartMiles, loyalty points and much more. Emirates Islamic Bank is now known as simply Emirates Islamic.

Types of Emirates Islamic Bank Credit Cards

Be it rewards on supermarket spends or travel benefits, The Emirates Islamic Bank credit cards have an amazing variety of features.

The various Emirates Islamic credit cards and their benefits are listed below:

Types of Emirates Islamic Bank Credit Cards
 

Emirates Islamic Easy Card

  • Annual Membership Fee: This Emirates Islamic Credit Card is free for life.
  • Profit Rate (Monthly): 3.50%
  • Minimum Monthly Income Required: Emirates Islamic Bank credit card minimum salary requirements are as follows:
Applicant Type Condition Minimum Monthly Income Required (in AED)
UAE Nationals Applicant working with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant working with an approved employer, and who have not made a salary transfer to Emirates Islamic. 7,000.00
Applicant working with an unapproved employer, and who have made a salary transfer to Emirates Islamic. 8,000.00
Applicant working with an unapproved employer, and who have not made a salary transfer to Emirates Islamic. 15,000.00
Expatriates Applicant working with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant working with an approved/unapproved employer and who have not made a salary transfer to Emirates Islamic. 8,000.00
Self Employed Customers - 20,000.00
Cards Against Term Deposit Monthly minimum income eligibility criterion is waived-off if the applicant pledges a total amount of AED 60,000 instead. 5,000.00

(Updated as of Jan 2019)

Benefits:

  • The card offers Emirates Islamic Bank EPP (Easy Payment Plan). Under this plan, the Emirates Islamic credit card member can convert purchases at select vendors into 0% monthly instalments for tenors of 3, 6, 9, and 12 months. The full list of partnered vendors can be found online.
  • The Emirates Islamic credit card member can utilize up to 80% of their credit limit as cash, credited into their account or delivered in the form of a cheque. The profit rate for this scheme is 1.19% for tenors available of 6, 12, 18, and 24 months. The transaction has a minimum limit of AED 1,000.
  • Cash advance feature can be availed for a maximum of AED 3,000 per transaction.
  • Balance transfer facility can be availed up to 80% of the Emirates Islamic credit card limit for a 0% profit rate in the first 6 months. The minimum transaction amount is AED 1,000 and one-time 2% processing fee is charged.
  • Up to 30% discount can be availed on restaurants across the UAE.
  • Shopping discounts can be availed across the UAE with this Emirates Islamic Bank credit card.
  • Up to 4 supplementary Emirates Islamic credit cards for eligible family members can be availed.

Emirates Islamic RTA Credit Cards

There are two types of Emirates Islamic RTA credit cards- fee-based one and profit based.

a. Emirates Islamic RTA Profit Based Credit Card

  • Annual Membership Fee: This Emirates Islamic Credit Card is free for life.
  • Profit Rate (Monthly): 3.49%
  • Minimum Monthly Income Required: Emirates Islamic Bank credit card minimum salary requirements are as follows:
Applicant Type Condition Minimum Monthly Income Required (in AED)
UAE Nationals Applicant working with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant working with an approved employer, and who have not made a salary transfer to Emirates Islamic. 7,000.00
Applicant working with an unapproved employer, and who have made a salary transfer to Emirates Islamic. 8,000.00
Applicant working with an unapproved employer, and who have not made a salary transfer to Emirates Islamic. 15,000.00
Expatriates Applicant working with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant working with an approved/unapproved employer and who have not made a salary transfer to Emirates Islamic. 8,000.00
Self Employed Customers - 20,000.00
Cards Against Term Deposit Monthly minimum income eligibility criterion is waived-off if the customer pledges a total amount of AED 60,000 instead. 5,000.00

(Updated as of Jan 2019)

Benefits:

1. This Emirates Islamic credit card functions as a credit card and as an RTA Nol card both. The Emirates Islamic RTA credit card can be used to make payments for any facility on the RTA network. The auto top-up feature can be activated for both the Nol Chip as well as Salik.

2. Member of this Emirates Islamic Bank credit card can enjoy the following cash back benefits:

  • Fuel purchases earn 10% cash back for up to AED 200.
  • RTA expenses earn 10% cash back for up to AED 200.
  • Government service expenses earn 0.5% cash back.
  • All international transactions earn 2.25% cash back, with no limit.
  • All other domestic transactions earn 1.25% cash back.
  • The card member can avail up to 30% discount on restaurants across the UAE.

3. The card member can avail shopping discounts across the UAE with this Emirates Islamic Bank credit card.

4. The card member can avail up to 4 supplementary Emirates Islamic credit cards for their eligible family members.

5. This Emirates Islamic Bank credit card offers the cardholder and their family members Credit Shield cover. Under this feature, credit card dues are waived-off in case of an accident that leaves a cardholder unable to pay off their credit card dues. Credit Shield cover provides complimentary coverage for the first two months.

Note- A minor fee will be charged every subsequent month unless the cardholder opts out of it.

6. The cardholder is eligible for Purchase Protection. It covers any item purchased with the Emirates Islamic credit card up to $5,000 in case it is damaged, stolen or misplaced within 90 days of purchase. The policy also covers damage caused by fire.

7. For travel purchases made with Emirates Islamic credit card, the cardholder can avail emergency medical referral services anywhere across the globe. This includes translators, technical support and legal assistance as well.

b. Emirates Islamic RTA Fee Based Credit Card

This version of the RTA Emirates Islamic Bank credit card offers the same benefits but does not charge any profit rate. Instead, the card charges a monthly membership fee, which depends solely on the credit limit of the card. The fees vary as follows:

Requested Credit Limit (in AED) Monthly Membership Fee (in AED) Monthly Membership Fee April 2019 Onwards (in AED)
Up to 8,000 175.00 200.00
From 8,001 - 13,000 275.00 325.00
From 13,001 - 16,000 425.00 425.00
From 16,001 - 25,000 500.00 550.00
From 25,001 - 37,500 775.00 800.00
From 37,501 - 62,500 1,100.00 1,250.00
From 62,501 - 100,000 1,500.00 1,800.00
From 100,001 -150,000 1,500.00 1,800.00
More than 150,000 1,500.00 1,800.00

(Updated as of Jan 2019)

Emirates Islamic Union Coop Tamayaz Credit Card

  • Annual Membership Fee: This Emirates Islamic Credit Card is free for life.
  • Profit Rate (Monthly): 3.49%
  • Minimum Monthly Income Required: Emirates Islamic Bank credit card minimum salary requirements are as follows:
Applicant Type Condition Minimum Monthly Income Required (in AED)
UAE Nationals Applicant working with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant working with an approved employer, and who have not made a salary transfer to Emirates Islamic. 7,000.00
Applicant working with an unapproved employer, and who have made a salary transfer to Emirates Islamic. 8,000.00
Applicant working with an unapproved employer, and who have not made a salary transfer to Emirates Islamic. 15,000.00
Expatriates Applicant working with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant working with both an approved or unapproved employer, and who have not made a salary transfer to Emirates Islamic. 8,000.00
Self Employed Applicant - 20,000.00
Cards Against Term Deposit The monthly minimum income eligibility criterion is waived-off if the applicant pledges a total amount of AED 60,000 instead. 5,000.00

(Updated as of Jan 2019)

Benefits:

1. The member of this Emirates Islamic Bank credit card gets enrolled in the Tamayaz Loyalty Program. They can earn Tamayaz points, which can be redeemed on purchases across any Union Coop store in UAE.

2. The member of the Union Coop Tamayaz Emirates Islamic credit card can earn Tamayaz Points in the following ways:

  • 3 Tamayaz Points for every AED 1 spent at Union Coop stores. Under this category, Emirates Islamic offers 2 Tamayaz Points, while the Union Coop store offers 1 Tamayaz
  • 2 Tamayaz Points for every AED 1 spent on international purchases.
  • 1 Tamayaz Point for every AED 1 spent on domestic purchases.
  • For shareholders, every 3,000 Tamayaz Points are worth AED 50.
  • For non-shareholders, every 4,000 Tamayaz Points are worth AED 50.

3. The Union Coop Tamayaz Emirates Islamic credit card offers complimentary valet parking once every month at select locations such as Dubai International Airport, City Walk, Ibn Battuta Mall The full list of partnered locations can be found online.

4. The cardholder is eligible to avail purchase protection. Under this benefit, any item purchased with the Emirates Islamic credit card is covered up to $5,000 in the event it is damaged, stolen or misplaced within 365 days of purchase. The policy also covers the damage caused due to fire. The maximum claim amount per year is $20,000.

Note- Consumables, vehicles and land are not covered under this benefit.

5. The Tamayaz card also offers cardholder complimentary shopper valet service once per month. It provides the Emirates Islamic credit card member access to shopping assistance and a queue-less checkout for faster shopping.

6. The card member can avail incredible discounts at select golf courses such as Jumeirah Golf Estates, Sharjah Golf & Shooting Club, Abu Dhabi Golf Club

7. This Emirates Islamic Bank credit card offers the cardholder and their family member Credit Shield cover. Under this feature, credit card dues of card members are waived-off in case they aren’t able to pay as a result of any unforeseen accident. The first two months of Credit Shield coverage are complimentary. A minor fee is charged every subsequent month unless the cardholder opts out of it.

8. For travel purchases made with this Emirates Islamic credit card, the cardholder can avail emergency medical referral services anywhere across the globe. This includes translators, technical support and legal assistance as well.

9. The card offers cash advance facility for a maximum of AED 3,000 per transaction.

10. The card offers up to 30% discount on restaurants across the UAE.

11. The card offers huge shopping discounts across the UAE with this Emirates Islamic Bank credit card.

12. The primary cardholder can avail up to 4 supplementary Emirates Islamic credit cards for their eligible family members.

Emirates Islamic Cashback Credit Cards

The Cash Back card of Emirates Islamic is available in two variants- the Emirates Islamic Cash Back credit card and the Emirates Islamic Cash Back Plus card. The annual fees, eligibility and various Emirates Islamic Cash Back card benefits are mentioned below.

a. Emirates Islamic Cash Back Credit Card

  • Annual Membership Fee: AED 350 (free on minimum spending of AED 5,000 annually).
  • Profit Rate (Monthly): 3.49%
  • Minimum Monthly Income Required: Emirates Islamic Bank credit card minimum salary requirements are as follows:
Applicant Type Condition Minimum Monthly Income Required (in AED)
UAE Nationals Applicant with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant with an approved employer, and who have not made a salary transfer to Emirates Islamic. 7,000.00
Applicant with an unapproved employer, and who have made a salary transfer to Emirates Islamic. 8,000.00
Applicant with an unapproved employer, and who have not made a salary transfer to Emirates Islamic. 15,000.00
Expatriates Applicant with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant with both an approved/unapproved employer and who have NOT made a salary transfer to Emirates Islamic. 8,000.00
Self Employed Applicant - 20,000.00
Cards Against Term Deposit Monthly minimum income is waived if the applicant pledges a total amount of AED 60,000 instead. 5,000.00

(Updated as of Jan 2019)

Benefits:

1. One of the biggest Emirates Islamic Cash Back card benefits is the guaranteed savings for the following categories:

  • 10% cash back on telecom bills.
  • 5% cash back on purchasing electronic items.
  • 1% cash back on all domestic and international purchases.
  • Emirates Islamic Cash Back card member can calculate the full extent of their savings via cash back calculator available online.
  • The card offers Emirates Islamic Bank EPP (Easy Payment Plan). Under this plan, the Emirates Islamic credit card member can convert purchases made at select vendors into 0% monthly instalments for tenors of 3, 6, 9 and 12 months. The full list of partnered vendors can be found online.

2. The card member can avail balance transfer of up to 80% of the Emirates Islamic credit card limit for a 0% profit rate in the first 6 months. Minimum transaction amount of AED 1,000. A one-time 2% processing fee is charged.

3. The card member can avail cash advance facility for a maximum of AED 3,000 per transaction.

4. This Emirates Islamic Bank credit card offers the facility of credit shield cover to the cardholder and their eligible family members. Under this feature, credit card dues are waived-off in case of any unforeseen accidents that leave the cardholder unable to pay off their credit card bill. The first two months of Credit Shield coverage are complimentary. A minor fee is charged every subsequent month unless the cardholder opts out of it.

5. The cardholder is eligible for purchase protection. It covers any item purchased with the Emirates Islamic credit card up to $5,000 in the event that it is damaged, stolen or misplaced within a certain time period. The maximum claim amount per year is $20,000.

6. The card member can avail up to 4 supplementary Emirates Islamic credit cards for their eligible family members.

7. The card member can avail incredible discounts at select golf courses such as Jumeirah Golf Estates, Sharjah Golf & Shooting Club, Abu Dhabi Golf Club and many more.

8. For travel purchases made with this Emirates Islamic credit card, the card member can avail emergency medical referral services anywhere across the globe. This includes translators, technical support and legal assistance as well.

9. The cardholder can avail unique Emirates Islamic Cash Back card benefits such as $25 voucher for food and beverages, a complimentary continental breakfast meal, room upgrades, late checkout and more in 900+ hotels across the globe.

10. The cardholder can avail up to 30% discount on restaurants across the UAE.

11. The cardholder can avail huge shopping discounts across UAE with this Emirates Islamic Bank credit card.

b. Emirates Islamic Cashback Plus Credit Card

  • Annual Membership Fee: AED 299*
    * Emirates Islamic Bank credit card offers fee waivers upon spending AED 30,000 annually.
  • Profit Rate (Monthly): 3.35%
  • Minimum Monthly Income Required: Emirates Islamic Bank credit card minimum salary requirements are as follows:
Applicant Type Condition Minimum Monthly Income Required (in AED)
UAE Nationals Applicant with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant with an approved employer, and who have not made a salary transfer to Emirates Islamic. 7,000.00
Applicant with an unapproved employer, and who have made a salary transfer to Emirates Islamic. 8,000.00
Applicant with an unapproved employer, and who have not made a salary transfer to Emirates Islamic. 15,000.00
Expatriates Applicant with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant with both an approved/unapproved employer and who have not made a salary transfer to Emirates Islamic. 8,000.00
Self Employed Applicant - 20,000.00
Cards Against Term Deposit Monthly minimum income is waived if the applicant pledges a total amount of AED 60,000 instead. 5,000.00

(Updated as of Jan 2019)

Benefits:

1. The cardholder can earn up to as much as 10% cash back on grocery, education, dining and telecom expenses made through this Emirates Islamic cash back card.

2. This Emirates Islamic credit card functions as a credit card and as an RTA Nol card both. The Emirates Islamic RTA credit card can be used to make payments for any facility on the RTA network. The auto top-up feature can be activated for both the Nol Chip as well as Salik. The cardholder can access the Gold Class cabin in the Dubai Metro.

3. The cardholder can avail complimentary access to 750+ airport lounges across the globe.

4. The cardholder can avail free rounds of golf twice per month at Track Meydan and Arabian Ranches golf clubs. This Emirates Islamic Cash Back card benefit can be availed on any day of the week.

5. The cardholder can avail free of charge travel insurance for multiple trips of up to 90 days.

6. The cardholder can avail unique Emirates Islamic Cash Back card benefits such as $25 voucher for food and beverages, a complimentary continental breakfast meal, room upgrades, late checkout and more in 900+ hotels across the globe.

7. For travel purchases made with this Emirates Islamic credit card, the cardholder can avail emergency medical referral services anywhere across the globe. This includes translators, technical support and legal assistance as well.

8. The cardholder can avail access to the Emirates Islamic Bank EPP (Easy Payment Plan). Under this plan, the Emirates Islamic credit card member can convert purchases made at select vendors into 0% monthly instalments for tenors of 3, 6, 9, and 12 months. The full list of partnered vendors can be found online.

9. The cardholder can avail the facility of balance transfer of up to 80% of the Emirates Islamic credit card limit for a 0% profit rate in the first 6 months. The minimum transaction amount is AED 1,000. A one-time 2% processing fee is charged.

10. The cardholder can avail cash advance facility for a maximum of AED 3,000 per transaction.

11. This Emirates Islamic Bank credit card offers credit shield coverage for the cardholder and their family members. Under this feature, credit card dues are waived in case of any unforeseen accident that leaves the card member unable to pay off their credit card bill. The first two months of credit shield coverage are complimentary. A minor fee is charged every subsequent month unless the cardholder opts out of it.

12. The cardholder can avail purchase protection. Under this benefit, any item purchased with the Emirates Islamic credit card is covered up to $5,000 in the event that it is damaged, stolen or misplaced within a certain time period. The maximum claim amount per year is $20,000.

13. The cardholder can avail up to 4 supplementary Emirates Islamic credit cards for eligible family members.

14. The cardholder can avail up to 30% discount on restaurants across the UAE.

15. The cardholder can avail huge shopping discounts across UAE with this Emirates Islamic Bank credit card.

Emirates Islamic Rewards Credit Cards

The rewards line of Emirates Islamic credit card offers the applicant access to benefits such as cash back and air miles and other unique benefits across Abu Dhabi.

a. Emirates Islamic Rewards Credit Card

Rather than charging a profit rate, this Emirates Islamic credit card charges an annual membership fee and a monthly membership fee on basis of the required credit limit. The charges are as follows.

  • Annual Membership Fee: AED 200 (free on minimum spending of AED 5,000 annually)
  • Monthly Membership Fee: The monthly membership fee for this Emirates Islamic credit card varies according to the credit limit:
Requested Credit Limit (in AED) Monthly Membership Fee (in AED) Monthly Membership Fee April 2019 Onwards (in AED)
Up to 8,000 175.00 200.00
From 8,001 - 13,000 275.00 325.00
From 13,001 - 16,000 425.00 425.00
From 16,001 - 25,000 500.00 550.00
From 25,001 - 37,500 775.00 800.00
From 37,501 - 62,500 1,100.00 1,250.00
From 62,501 - 100,000 1,500.00 1,800.00
From 100,001 -150,000 1,500.00 1,800.00
More than 150,000 1,500.00 1,800.00


Minimum Monthly Income Required: Emirates Islamic Bank credit card minimum salary requirements are as follows:

Applicant Type Condition Minimum Monthly Income Required (in AED)
UAE Nationals Applicant with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant with an approved employer, and who have not made a salary transfer to Emirates Islamic. 7,000.00
Applicant with an unapproved employer, and who have made a salary transfer to Emirates Islamic. 8,000.00
Applicant with an unapproved employer, and who have not made a salary transfer to Emirates Islamic. 15,000.00
Expatriates Applicant with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant with both an approved/unapproved employer and who have not made a salary transfer to Emirates Islamic. 8,000.00
Self Employed Applicant - 20,000.00
Cards Against Term Deposit Monthly minimum income is waived if the applicant pledges a total amount of AED 60,000 instead. 5,000.00

(Updated as of Jan 2019)

Benefits:

1. This Emirates Islamic credit card offers automatic enrollment of the cardholder into the Choice Points loyalty program. The cardholder earns Choice Points that can be redeemed for an annual fee waiver and making purchases across electronic items, luxury goods, grocery items and more. Choice Points can be redeemed in the following manner:

  • 18,000 Choice Points can be redeemed for AED 100 vouchers.
  • 14,000 Choice Points can be redeemed for 1,500 Etihad Guest Miles.
  • 16,000 Choice Points can be redeemed for 2,000 Etihad Guest Miles.

2. Member of this Emirates Islamic Bank credit card earn Choice Points in the following manner:

  • 2 Choice Points on every AED 1 spent domestically.
  • 2 Choice Points on every AED 1 spent internationally.
  • 50 Choice Points earned on every AED 1 spent on telecom bills, groceries, education bills, fuel purchases, electronic items, transportation costs and real estate.
  • 10 Choice Points on every AED 1 spent on government services, mobile bills and utility bills.

3. The cardholder can avail up to 30% discount on restaurants across the UAE.

4. The cardholder can avail huge shopping discounts across UAE with this Emirates Islamic Bank credit card.

5. The cardholder can avail up to 4 supplementary Emirates Islamic credit cards for their eligible family members.

b. Emirates Islamic Abu Dhabi Rewards Credit Card

While the various fees and benefits this Emirates Islamic credit card offers are similar to the above-mentioned rewards card, this card is offered specifically for Abu Dhabi residents. It offers great deals on various local merchants within the emirate.

Emirates Islamic Flex Credit Cards

The Flex Emirates Islamic credit card is available in two types- Flex and Flex Elite credit cards.

a. Emirates Islamic Flex Credit Card

  • Annual Membership Fee: This Emirates Islamic Credit Card is free for life.
  • Profit Rate (Monthly): 3.49%
  • Minimum Monthly Income Required: Emirates Islamic Bank credit card minimum salary requirements are as follows:
Applicant Type Condition Minimum Monthly Income Required (in AED)
UAE Nationals Applicant with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant with an approved employer, and who have not made a salary transfer to Emirates Islamic. 7,000.00
Applicant with an unapproved employer, and who have made a salary transfer to Emirates Islamic. 8,000.00
Applicant with an unapproved employer, and who have not made a salary transfer to Emirates Islamic. 15,000.00
Expatriates Applicant with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant with both an approved/unapproved employer and who have not made a salary transfer to Emirates Islamic. 8,000.00
Self Employed Applicant - 20,000.00
Cards Against Term Deposit Monthly minimum income is waived if the applicant pledges a total amount of AED 60,000 instead. 5,000.00

(Updated as of Jan 2019)

Benefits:

1. The Flex Emirates Islamic credit card offers automatic enrollment of cardholder into the Emirates Islamic SmartMiles loyalty program. The cardholder earns EI SmartMIles, which can be redeemed for:

  • Flight tickets in 300+ airlines.
  • Hotel bookings in over 180,000 hotels globally.
  • Air miles in the Jet Privilege and Etihad Guest Miles
  • Online shopping on daily purchases, home goods, electronics and much more.

2. The Flex Emirates Islamic credit card member can earn EI SmartMiles in the following manner:

  • 2.25 EI SmartMiles earned on every AED 1 spent on international purchases.
  • 1.25 EI SmartMIles earned on every AED 1 spent on domestic purchases.

3. The card member can avail complimentary purchase insurance.

4. For travel purchases made with this Emirates Islamic credit card, the cardholder can avail emergency medical referral services anywhere across the globe. This includes translators, technical support and legal assistance as well.

5. The card member can avail up to 4 supplementary Emirates Islamic credit cards for family members.

6. The card member can avail up to 30% discount on restaurants across the UAE.

7. The card member can avail huge shopping discounts across the UAE with this Emirates Islamic Bank credit card.

b. Emirates Islamic Flex Elite Credit Card

The Flex Elite Emirates Islamic credit card is a Visa Infinite card and offers all the benefits of a Flex card as well as the ones mentioned below.

  • Annual Membership Fee: AED 700
  • Profit Rate (Monthly): 3.25%
  • Minimum Monthly Income Required: AED 25,000 for all applicant types.

Benefits:

1. The card member can avail all the Flex Emirates Islamic Bank credit card offers.

2. The Flex Emirates Islamic credit card member earn EI SmartMiles in the following manner:

  • 3.75 EI SmartMiles earned on every AED 1 spent on international purchases.
  • 2.5 EI SmartMIles earned on every AED 1 spent on domestic purchases.

3. The Emirates Islamic credit card member can avail free unlimited lounge access to 750+ airports across the globe and bring one guest along.

4. The card member can avail free of charge travel insurance for multiple trips up to 90 days.

5. The card member can avail global concierge facility for help with ticket booking, restaurant reservations and more.

6. The card member can avail unlimited free rounds of golf at Track Meydan and Arabian Ranches golf clubs. This Emirates Islamic Cash Back card benefit can be availed on any day of the week.

7. The Flex Elite Emirates Islamic credit card offers complimentary valet parking services twice per month at select locations such as Dubai International Airport, City Walk, Ibn Battuta Mall and more. The full list of partnered locations can be found online.

Emirates Islamic Business Credit Card

  • Annual Membership Fee: This Emirates Islamic Credit Card is free for life.
  • Profit Rate (Monthly): 3.25%
  • Minimum Monthly Income Required: Emirates Islamic Bank credit card minimum salary requirements are as follows:

 

Applicant Type Condition Minimum Monthly Income Required (in AED)
UAE Nationals Applicant with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant with an approved employer, and who have not made a salary transfer to Emirates Islamic. 7,000.00
Applicant with an unapproved employer, and who have made a salary transfer to Emirates Islamic. 8,000.00
Applicant with an unapproved employer, and who have not made a salary transfer to Emirates Islamic. 15,000.00
Expatriates Applicant with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant with both an approved/unapproved employer and who have not made a salary transfer to Emirates Islamic. 8,000.00
Self Employed Applicant - 20,000.00
Cards Against Term Deposit Monthly minimum income is waived if the applicant pledges a total amount of AED 60,000 instead. 5,000.00

(Updated as of Jan 2019)

Benefits:

1. The card is specifically designed for working professionals and big business firms. This Emirates Islamic Bank credit card offers multiple cards for employees and business partners.

2. The cardholder can control their business expenses.

3. The cardholder can opt for unlimited supplementary Emirates Islamic credit cards.

4. The Business Emirates Islamic credit card offers automatic enrollment of the card member into the Emirates Islamic SmartMiles loyalty program. Cardholders earn EI SmartMIles, which can be redeemed for:

  • Flight tickets in 300+ airlines.
  • Hotel bookings in over 180,000 hotels globally.
  • Air miles in the Jet Privilege and Etihad Guest Miles
  • Online shopping on daily purchases, home goods, electronics and much more.

5. The cardholder can transfer balance up to 80% of the Emirates Islamic credit card limit for a 0% profit rate in the first 6 months. The minimum transaction amount is AED 1,000. A one-time 2% processing fee is charged.

6. The cardholder can avail unlimited complimentary lounge access to 750+ airports globally.

7. The cardholder can avail great deals on bookings in over 400,000 hotels all over the world, for bookings made through com.

8. The cardholder can avail unique Emirates Islamic Cash Back card benefits such as $25 voucher for food and beverages, a complimentary continental breakfast meal, room upgrades, late checkout and more in 900+ hotels across the globe.

9. For travel purchases made with this Emirates Islamic credit card, the cardholder can avail emergency medical referral services anywhere across the globe. This includes translators, technical support and legal assistance as well.

10. The cardholder can avail free of charge travel insurance coverage for multiple trips. This includes travel accident and inconvenience cover

11. The cardholder can avail purchase protection. Under this benefit, any item purchased with the Emirates Islamic credit card is covered up to $5,000 in the event that it is damaged or stolen.

12. The cardholder can avail access to a global concierge, for help with ticket booking, restaurant reservations and more.

13. The cardholder can avail access to the Emirates Islamic Bank EPP (Easy Payment Plan). Under this plan, the Emirates Islamic credit card member can convert purchases at select vendors to 0% monthly instalments for tenors of 3, 6, 9, and 12 months. The full list of partnered vendors can be found online.

14. The cardholder can avail cash advance feature for a maximum of 20% of the credit limit, up to AED 10,000 per transaction.

15. The cardholder can avail up to 30% discount on top restaurants across the UAE.

Emirates Islamic Skywards Credit Card

Emirates Islamic offers 4 types of Emirates Islamic Skywards credit cards- gold, platinum, signature and infinite. Each card comes packed with great benefits and offers, which are summarized below.

a. Emirates Islamic Skywards Gold Credit Card

This Emirates Islamic Skywards credit card a fee-based card. There is no profit rate charged. Instead, the card charges an annual fee and a monthly membership fee, which varies depending on the requested credit limit.

  • Annual Membership Fee: AED 400
  • Monthly Membership Fee: The monthly membership fee for this Emirates Islamic credit card varies according to the credit limit as shown below:
Requested Credit Limit (in AED) Monthly Membership Fee (in AED)
Up to 8,000 200.00
From 8,001 - 13,000 325.00
From 13,001 - 16,000 375.00
From 16,001 - 25,000 550.00
From 25,001 - 37,500 800.00
From 37,501 - 62,500 1,250.00
From 62,501 - 100,000 1,800.00
From 100,001 -150,000 2,700.00
More than 150,000 4,500.00

 

Minimum Monthly Income Required: Emirates Islamic Bank credit card minimum salary requirements are as follows:

Applicant Type Condition Minimum Monthly Income Required (in AED)
UAE Nationals Applicant with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant with an approved employer, and who have not made a salary transfer to Emirates Islamic. 7,000.00
Applicant with an unapproved employer, and who have made a salary transfer to Emirates Islamic. 8,000.00
Applicant with an unapproved employer, and who have not made a salary transfer to Emirates Islamic. 15,000.00
Expatriates Applicant with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant with both an approved/unapproved employer and who have not made a salary transfer to Emirates Islamic. 8,000.00
Self Employed Applicant - 20,000.00
Cards Against Term Deposit Monthly minimum income is waived if the applicant pledges a total amount of AED 60,000 instead. 5,000.00

(Updated as of Jan 2019)

Benefits:

1. Gold Emirates Islamic Skywards credit card member can earn Skywards Miles for the following retail expenditures:

  • 0.6 Skywards Miles for every US $1 spent on domestic purchases.
  • 0.6 Skywards Miles for every US $1 spent on international purchases.
  • 0.6 Skywards Miles for every US $1 spent on Emirates airlines purchases.
  • The cardholder can download the ExtraMiles app that enables them to earn 2 bonus Skywards Miles for every US $1 spent on partnered services. These services include hotel reservations, flight booking and car rentals through com, Souq.com and Rentalcars.com

2. The cardholder can avail up to 4 supplementary Emirates Islamic credit cards for their eligible family members.

3. The cardholder can transfer the balance of up to 80% of the Emirates Islamic credit card limit for a 0% profit rate in the first 6 months. Minimum transaction amounts of AED 1,000. A one-time 2% processing fee is charged.

4. The cardholder can avail up to 30% discount on restaurants across the UAE.

5. The cardholder can avail huge shopping discounts across UAE with this Emirates Islamic Bank credit card.

b. Emirates Islamic Skywards Platinum Credit Card

The Emirates Islamic Skywards Platinum card is a fee-based card. There is no profit rate charged. Instead, the card charges an annual fee and a monthly membership fee, which varies depending on the requested credit limit.

  • Annual Membership Fee: AED 700
  • Monthly Membership Fee: The monthly membership fee for the Emirates Islamic Skywards Platinum card varies according to the credit limit as shown below:
Requested Credit Limit (in AED) Monthly Membership Fee (in AED)
Up to 8,000 200.00
From 8,001 - 13,000 325.00
From 13,001 - 16,000 375.00
From 16,001 - 25,000 550.00
From 25,001 - 37,500 800.00
From 37,501 - 62,500 1,250.00
From 62,501 - 100,000 1,800.00
From 100,001 -150,000 2,700.00
More than 150,000 4,500.00


Minimum Monthly Income Required
: Emirates Islamic Bank credit card minimum salary requirements are as follows:

Applicant Type Condition Minimum Monthly Income Required (in AED)
UAE Nationals Applicant with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant with an approved employer, and who have not made a salary transfer to Emirates Islamic. 7,000.00
Applicant with an unapproved employer, and who have made a salary transfer to Emirates Islamic. 8,000.00
Applicant with an unapproved employer, and who have not made a salary transfer to Emirates Islamic. 15,000.00
Expatriates Applicant with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant with both an approved/unapproved employer and who have not made a salary transfer to Emirates Islamic. 8,000.00
Self Employed Applicant - 20,000.00
Cards Against Term Deposit Monthly minimum income is waived if the applicant pledges a total amount of AED 60,000 instead. 5,000.00


Benefits:

1. Emirates Islamic Skywards Platinum card member will earn Skywards Miles for the following retail expenditures:

  • 0.75 Skywards Miles for every US $1 spent on domestic purchases.
  • 1.1 Skywards Miles for every US $1 spent on international purchases.
  • 1.5 Skywards Miles for every US $1 spent on Emirates airlines purchases.
  • The cardholder can download the ExtraMiles app, that enables them to earn 2 bonus Skywards Miles for every US $1 spent on partnered services such as hotel reservations, flight booking and car rentals through com, Souq.com and Rentalcars.com.

2. The cardholder can avail up to 4 supplementary Emirates Islamic credit cards for their eligible family members.

3. The cardholder can avail transfer balance up to 80% of the Emirates Islamic Skywards Platinum card limit for a 0% profit rate in the first 6 months. The minimum transaction amount is AED 1,000. A one-time 2% processing fee is charged.

4. The cardholder can avail up to 30% discount on restaurants across the UAE.

5. The cardholder can avail huge shopping discounts across UAE with this Emirates Islamic Bank credit card.

6. Emirates Islamic Skywards Platinum card member gets a Golf Fee Card that entitles the cardholder to avail golfing discounts such as 50% off on green fees in ranges across more than 100 countries, 10% discount on golf equipment and more.

c. Emirates Islamic Skywards Signature Credit Card

This Emirates Islamic Skywards credit card is available as a profit-based card.

  • Annual Membership Fee: AED 700
  • Profit Rate (Monthly): 3.25%
  • Minimum Monthly Income Required: Emirates Islamic Bank credit card minimum salary requirements are as follows:
Applicant Type Condition Minimum Monthly Income Required (in AED)
UAE Nationals Applicant with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant with an approved employer, and who have not made a salary transfer to Emirates Islamic. 7,000.00
Applicant with an unapproved employer, and who have made a salary transfer to Emirates Islamic. 8,000.00
Applicant with an unapproved employer, and who have not made a salary transfer to Emirates Islamic. 15,000.00
Expatriates Applicant with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant with both an approved/unapproved employer and who have not made a salary transfer to Emirates Islamic. 8,000.00
Self Employed Applicant - 20,000.00
Cards Against Term Deposit Monthly minimum income is waived if the applicant pledges a total amount of AED 60,000 instead. 5,000.00

(Updated as of Jan 2019)

Benefits:

1. Signature Emirates Islamic Skywards credit card member will earn Skywards Miles for the following retail expenditures:

  • 0.75 Skywards Miles for every US $1 spent on domestic purchases.
  • 1.1 Skywards Miles for every US $1 spent on international purchases.
  • 1.5 Skywards Miles for every US $1 spent on Emirates airlines purchases.
  • The Cardholder can download the ExtraMiles app that enables them to earn 2 bonus Skywards Miles for every US $1 spent on partnered services. These services include hotel reservations, flight booking and car rentals through com, Souq.com and Rentalcars.com

2. The cardholder can avail up to 4 supplementary Emirates Islamic credit cards for their eligible family members.

3. The cardholder can avail great discounts on golfing at ranges in UAE such as the Arabian Ranches Golf Club, Abu Dhabi City Golf Club and more

4. For travel purchases made with this Emirates Islamic Skywards credit card, the cardholder can avail emergency medical referral services anywhere across the globe. This includes translators, technical support and legal assistance as well.

5. The cardholder can avail free of charge travel insurance coverage for multiple trips up to 90 days.

6. Emirates Islamic Skywards credit card member can avail complimentary valet parking once a month at select locations such as Dubai International Airport, City Walk, Ibn Battuta Mall and more. The full list of partnered locations can be found online.

7. The cardholder can avail complimentary access to 750+ airport lounges across the globe.

8. The cardholder can opt for Emirates Islamic Bank EPP (Easy Payment Plan). Under this plan, the Emirates Islamic credit card member can convert purchases at select vendors to 0% monthly instalments for tenors of 3, 6, 9, and 12 months.

9. The cardholder can avail transfer balance up to 80% of the Emirates Islamic Skywards credit card limit for a 0% profit rate in the first 6 months. The minimum transaction amount is AED 1,000. A one-time 2% processing fee is charged.

10. The Emirates Islamic Skywards credit card member can utilize up to 80% of their credit limit as cash, credited into their account or delivered in the form of a cheque. The profit rate for this scheme is 1.19% for tenors available of 6, 12, 18, and 24 months. The transaction has a minimum limit of AED 1,000.

11. This Emirates Islamic Bank credit card offers credit shield cover for the cardholder and their family members. Under this feature, credit card dues are waived-off in case of any unforeseen accidents that leave the customer unable to pay it off. The first two months of credit shield coverage are complimentary. A minor fee is charged every subsequent month unless the cardholder opts out of it.

12. The cardholder can avail purchase protection. Under this benefit, any item purchased with the Emirates Islamic Skywards credit card is covered in the event that it is damaged, stolen or misplaced within a certain time period.

d. Emirates Islamic Skywards Infinite Credit Card

The Emirates Islamic Bank Skywards Infinite card is available as both a fee-based and a profit-based card. The benefits offered by both cards are the same.

  • Fee-Based Version: This type of Emirates Islamic Bank Skywards Infinite card charges no profit rate, but an annual and monthly membership fee.
  • Annual Membership Fee: AED 2,000
  • Monthly Membership Fee: The monthly membership fee for the Emirates Islamic Bank Skywards Infinite card varies according to the credit limit:
Requested Credit Limit (in AED) Monthly Membership Fee (in AED)
Up to 8,000 200.00
From 8,001 - 13,000 325.00
From 13,001 - 16,000 375.00
From 16,001 - 25,000 550.00
From 25,001 - 37,500 800.00
From 37,501 - 62,500 1,250.00
From 62,501 - 100,000 1,800.00
From 100,001 -150,000 2,700.00
More than 150,000 4,500.00

 

  • Minimum Monthly Income Required: AED 25,000 for all applicant types.
  • Profit-Based Version: The profit-based type of the Emirates Islamic Bank Skywards Infinite card has a fixed annual membership fee and a monthly profit rate.
  • Annual Membership Fee: AED 2,000
  • Profit Rate (Monthly): 2.99%
  • Minimum Monthly Income Required: AED 25,000 for all applicant types.

Benefits

1. The Emirates Islamic Bank Skywards Infinite card can earn Skywards Miles for the following retail expenditure:

  • 1 Skywards Mile for every US $1 spent on domestic purchases.
  • 1.5 Skywards Miles for every US $1 spent on international purchases.
  • 2 Skywards Miles for every US $1 spent on Emirates airlines purchases.
  • The cardholder may download the ExtraMiles app that enables them to earn 2 bonus Skywards Miles for every US $1 spent on partnered services. These services include hotel reservations, flight booking and car rentals through com, Souq.com and Rentalcars.com

2. The Emirates Islamic Bank Skywards Infinite card offers the cardholder membership into Emirates Skywards Silver club. This club membership offers benefits such as bigger baggage allowances, priority check-ins and more

3. The cardholder can avail unlimited complimentary lounge access to 900+ airports across the globe for the cardholder and one guest

4. The cardholder can avail unlimited free rounds of golf at Track Meydan and Arabian Ranches golf clubs. This Emirates Islamic Bank Skywards Infinite card can be availed on any day of the week

5. The Emirates Islamic Bank Skywards Infinite card member can avail complimentary valet parking services twice every month at select locations such as Dubai International Airport, City Walk, Ibn Battuta Mall and more. The full list of partnered locations can be found online

6. The cardholder can avail purchase protection. Under this policy, any item purchased with the Emirates Islamic credit card is covered up to $7,500 in the event that it is damaged, stolen or misplaced within a certain time period. The maximum claim amount per year is $20,000

7. The cardholder can transfer balance up to 80% of the Emirates Islamic Skywards credit card limit for a 0% profit rate in the first 6 months. The minimum transaction amount is AED 1,000. A one-time 2% processing fee is charged.

8. The cardholder can avail free of charge travel insurance coverage for multiple trips up to 90 days.

9. This Emirates Islamic Bank credit card offers credit shield cover for the cardholder and their family members. Under this feature, credit card member’s dues are waived-off in case of any unforeseen accidents that leave a customer unable to pay the same. The first two months of Credit Shield coverage are complimentary. A minor fee is charged every subsequent month unless the cardholder requests to opt out of it.

10. The cardholder can avail access to a global concierge, for help with ticket booking, restaurant reservations and more.

11. The cardholder can avail up to 30% discount on restaurants across the UAE.

12. The cardholder can avail huge shopping discounts across UAE with this Emirates Islamic Bank credit card.

13. The cardholder can avail up to 4 supplementary Emirates Islamic credit cards for their eligible family members.

Emirates Islamic Emarati Credit Card

  • Annual Membership Fee: This Emirates Islamic Credit Card is free for life.
  • Profit Rate (Monthly): 2.49
  • Minimum Monthly Income Required: The income criteria for this Emirates Islamic credit card is specified for the UAE nationals only, as the card is offered exclusively for Emiratis.
Applicant Type Condition Minimum Monthly Income Required (in AED)
UAE Nationals Applicant with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant with an approved employer, and who have not made a salary transfer to Emirates Islamic. 7,000.00
Applicant with an unapproved employer, and who have made a salary transfer to Emirates Islamic. 8,000.00
Applicant with an unapproved employer, and who have not made a salary transfer to Emirates Islamic. 15,000.00

(Updated as of Jan 2019)

Benefits:

1. The Emarati Emirates Islamic credit card offers automatic enrollment into the Emirates Islamic SmartMiles loyalty program. The cardholder can earn EI SmartMIles, which can be redeemed for:

  • Flight tickets in 300+ airlines.
  • Hotel bookings in over 180,000 hotels across the globe.
  • Air miles for the Jet Privilege and Etihad Guest Miles
  • Online shopping on daily purchases, home goods, electronics and much more.

2. Emarati Emirates Islamic credit card members can earn the following EI SmartMiles in the following manner:

  • 3.75 EI SmartMiles on every AED 1 spent on international purchases.
  • 2.50 EI SmartMIles on every AED 1 spent on domestic purchases.

Note- The supplementary cardholder can earn the same amount of EI SmartMiles as well.

3. The cardholder can avail 10% cash back on any dining purchase across the globe, for up to a maximum of AED 300 per month.

4. The Emarati Emirates Islamic Bank credit card member can avail complimentary valet parking services twice every month at select locations such as Dubai International Airport, City Walk, Ibn Battuta Mall and more. This is applicable for the primary cardholder and all supplementary cardholders as well. The full list of partnered locations can be found online.

5. The cardholder can avail unlimited complimentary lounge access to 900+ airports across the globe.

6. The cardholder can avail free of charge travel insurance coverage for multiple trips. This includes travel accident and inconvenience cover both for the primary cardholder, their spouse and up to 5 children.

7. Unique Emarati Emirates Islamic credit card offers such as $25 voucher for food and beverages, a complimentary continental breakfast meal, room upgrades, late checkout and more in 900+ hotels across the globe.

8. The cardholder can avail access to a global concierge, for help with ticket booking, restaurant reservations and more.

9. The cardholder can avail up to 4 supplementary Emirates Islamic credit cards for their eligible family members.

10. The cardholder can avail purchase protection. Under this benefit, any item purchased with the Emirates Islamic credit card is in case it is damaged or stolen.

11. The cardholder can avail cash advance for up to 50% of the credit limit and a maximum of AED 3,000 per transaction.

12. The cardholder can avail access to the Emirates Islamic Bank EPP (Easy Payment Plan). Under this plan, the Emirates Islamic credit card member can convert purchases at select vendors (such as Carrefour and Sharaf DG) to 0% monthly instalments for tenors of 3, 6, 9, and 12 months.

13. The cardholder can avail up to 30% discount on restaurants across the UAE.

14. The cardholder can avail huge shopping discounts across the UAE with this Emirates Islamic Bank credit card.

Features & Benefits of Emirates Islamic Credit Cards

Being one of the premier Islamic banks in the UAE, Emirates Islamic offers savings and top-notch rewards to members of the various types of Emirates Islamic credit cards. The following features and benefits have made Emirates Islamic Bank credit cards one of the most-sought after credit cards.

Sharia-Compliant

No interest, no hidden charges, that is the promise of the Emirates Islamic credit card. Fully compliant with the Sharia principles, every Emirates Islamic Bank credit card offers a fully transparent set of charges.

Security

Known as the Double Safe feature, every Emirates Islamic credit card offers cardholder the option to set up a security pin for online transactions. By partnering with popular payment service providers such as Visa and MasterCard, this pin is further run through a security gauntlet which prevents fraudulent online charges.

RTA Enabled

A number of Emirates Islamic credit cards come equipped with the RTA Nol-chip and Salik tags, to make driving through UAE smoother than ever before. The cardholder can activate the auto top-up feature on an RTA enabled Emirates Islamic Bank credit card and access the various public transportation services across the nation.

Supplementary Cards

Nearly every Emirates Islamic credit card offers 4 supplementary cards for the eligible family members of the cardholder. These supplementary Emirates Islamic credit cards offer a shared credit limit and the opportunity to earn rewards and loyalty points as well. In fact, some cards such as the Emirates Islamic Bank Skywards Infinite card even offer supplementary cardholders access to 750+ airport lounges across the globe.

0% Easy Payment Plan

The Emirates Islamic Bank credit card EPP is one of the most attractive benefits offered. It enables the cardholder to convert transactions starting from as low AED 500 into monthly instalment plans with no profit-rate. The Emirates Islamic Bank credit card EPP enables the cardholder to plan their budget like a finance guru.

Balance Transfer

Emirates Islamic credit card offers great incentives to card member who wants to avail the facility of the balance transfer. With a 0% profit rate for the first 6 months and the option to transfer up to 80% of the available Emirates Islamic credit card limit, the balance transfer feature enables the card member to smartly pay off dues.

Cash on Demand

The Emirates Islamic credit card charges a monthly profit rate of 1.19% for cash on demand requests. These requests can go as high as up to 80% of the available Emirates Islamic credit card limit. With such an alluring offer, Emirates Islamic cardholder will never have to face a financial emergency unprepared.

Benefits of Emirates Islamic Credit Cards

The Emirates Islamic credit card opens up a whole new world of opportunities for the cardholder. These are some of the most irresistible benefits an Emirates Islamic credit card offers:

Air Miles

By using the Emirates Islamic credit card for daily purchases, the cardholder can earn Skywards Miles. These miles can be redeemed to upgrade and book flight tickets for Emirates Airlines. Furthermore, the miles can even be redeemed for the other airlines such as Jet Airways and Etihad. The range of Emirates Islamic Skywards credit cards, such as the Emirates Islamic Skywards Platinum card or the Emirates Islamic Bank Skywards Infinite card offers the best way to earn miles.

Loyalty Points

Various rewards programs offer the Emirates Islamic credit card member loyalty points such as SmartMiles, Choice Points and more. These points can be redeemed for amazing discounts on local establishments, to offset the cost of the annual membership fee and even as cash back.

Cash Back

The Emirate Islamic cash back card and its cash back plus variant are the perfect examples of a card that gives back every time. With guaranteed cash back on nearly every category of purchase, member of the Emirates Islamic cash back card can effectively save every time they spend.

The Mazaya Offer

Emirates Islamic has teamed up with thousands of retail vendors across UAE to offer a spectacular host of discounts to Emirates Islamic credit card members. Known as Mazaya offers, these deals encompass travel, shopping, dining, local attractions and more. The list of participating vendors can found online.

Added Benefits

The full range of Emirates Islamic credit card benefits varies from card to card. From complimentary travel insurance to free rounds of golf at premier ranges across the UAE, the rewards that an Emirates Islamic Bank credit card offers are near limitless.

Emirates Islamic Credit Card Profit Rates & Annual Fees

Following the principles of Islamic Banking, Emirates Islamic credit cards do not charge interest. Instead, they charge for a profit rate, the profits of which are shared between all shareholders.  Given below is a list of the various Emirates Islamic credit cards their profit rates and annual membership fees.

 

Category Name of the Credit Card Annual Membership Fee (in AED) Monthly Profit Rate (in %)
Easy Card Emirates Islamic Easy Card Free for life 3.50
RTA Cards Emirates Islamic RTA Profit-Based Credit Card Free for life 3.49
Emirates Islamic RTA Fee-Based Credit Card Free for life Monthly fee based on a credit limit
Union Coop Card Emirates Islamic Union Coop Tamayaz Credit Card Free for life 3.49
Cashback Cards Emirates Islamic Cashback Credit Card 350 (Free on spending AED 5,000 per year) 3.49
Emirates Islamic Cashback Plus Credit Card 299 (First year free and waived in later years on spending AED 30,000 annually. Offer valid till 31st March 2019) 3.35
Rewards Cards Emirates Islamic Rewards Credit Card 200 (Free on spending AED 5,000 per year) Monthly fee based on a credit limit
Emirates Islamic Abu Dhabi Rewards Credit Card 200 (Free on spending AED 5,000 per year) Monthly fee based on a credit limit
Flex Cards Emirates Islamic Flex Credit Card Free for life 3.49
Emirates Islamic Flex Elite Credit Card 700.00 3.25
Business Card Emirates Islamic Business Credit Card Free for life 3.25
Skywards Cards Emirates Islamic Skywards Gold Credit Card 400.00 Monthly fee based on a credit limit
Emirates Islamic Skywards Platinum Credit Card 700.00 Monthly fee based on a credit limit
Emirates Islamic Skywards Signature Credit Card 700.00 3.25
Emirates Islamic Skywards Infinite Credit Card (Fee-Based) 2000.00 Monthly fee based on a credit limit
Emirates Islamic Skywards Infinite Credit Card (Profit-Based) 2000.00 2.99

 (Updated as of Jan 2019)

Emirates Islamic Credit Card Eligibility

Eligibility for an Emirates Islamic Bank credit card is dependent on the following factors:

Age

The minimum age of eligibility for the Emirates Islamic credit card is 18 years. Any minor under the age of 18 may apply for a card under the supervision of a legal guardian, who will be asked to co-sign the application form as well.

Salary

Every Emirates Islamic Bank credit card has a required minimum monthly salary. Not only the applicants are supposed to show an independent source of income, but some of the Emirates Islamic credit cards also mandate a salary transfer into the Emirates Islamic account.

Credit History

To avail incredible rewards such as the Emirates Islamic Cash Back card benefits and more, applicants must have a good past record of on-time payments. Poor credit history may disqualify the application.

Nationality

The Emarati Emirates Islamic credit card is offered exclusively for the UAE nationals only.

Emirates Islamic Credit Cards by Salary

The minimum monthly salary for the Emirates Islamic Bank credit card does not vary by card. Rather, it is dependent on nationality, type of employer and whether the applicant has made a salary transfer to the Emirates Islamic credit card account. The breakdown of various salary brackets is given below:

Applicant Type Condition Minimum Monthly Income Required (in AED)
UAE Nationals Applicant with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant with an approved employer, and who have not made a salary transfer to Emirates Islamic. 7,000.00
Applicant with an unapproved employer, and who have made a salary transfer to Emirates Islamic. 8,000.00
Applicant with an unapproved employer, and who have not made a salary transfer to Emirates Islamic. 15,000.00
Expatriates Applicant with an approved employer, and who have made a salary transfer to Emirates Islamic. 5,000.00
Applicant with both an approved/unapproved employer and who have not made a salary transfer to Emirates Islamic. 8,000.00
Self Employed Applicant - 20,000.00
Cards Against Term Deposit Monthly minimum income is waived if applicant pledges a total amount of AED 60,000 instead. 5,000.00

(Updated as of Jan 2019)

The above minimum income criteria are applicable to all Emirates Islamic credit cards except for the Infinite cards. The Emirates Islamic Bank Skywards Infinite Card and the Emirates Islamic Flex Elite (Infinite) Credit Card both have a minimum income requirement of AED 25,000.

How to Apply for Emirates Islamic Credit Card?

The Emirates Islamic Bank credit card process can be completed online or by visiting a branch. The process is a fairly simple one and can be further expedited by keeping the following documents prepared:

  • Copy of valid ID Proof: UAE nationals may submit their Emirates ID, while non-UAE nationals are requested to present a copy of their passport and visa.
  • Security Cheque: This should be undated and made out for 5% more than the requested Emirates Islamic credit card limit.
  • The applicant who does not have an account with Emirates Islamic Employment Information, are asked to present the bank statement as a salary proof for the 3 latest months. Similarly, for the applicant applying through their company, a copy of the organization’s trade certificate will be required.

The Emirates Islamic Bank credit card application can be found online.

Nearly every Emirates Islamic Bank credit card offers up to 4 or more supplementary cards for the family the eligible members of the primary cardholder. The supplementary Emirates Islamic Bank Credit Card Application can be found online.

Emirates Islamic Credit Card Profit Rates

The monthly profit rates for eligible Emirates Islamic credit cards are given below:

Category Name of the Credit Card Monthly Profit Rate (in %)
Easy Card Emirates Islamic Easy Card 3.50
RTA Cards Emirates Islamic RTA Profit-Based Credit Card 3.49
Emirates Islamic RTA Fee-Based Credit Card Monthly fee based on a credit limit
Union Coop Card Emirates Islamic Union Coop Tamayaz Credit Card 3.49
Cashback Cards Emirates Islamic Cashback Credit Card 3.49
Emirates Islamic Cashback Plus Credit Card 3.35
Rewards Cards Emirates Islamic Rewards Credit Card Monthly fee based on a credit limit
Emirates Islamic Abu Dhabi Rewards Credit Card Monthly fee based on a credit limit
Flex Cards Emirates Islamic Flex Elite Credit Card 3.49
Emirates Islamic Flex Elite Credit Card 3.25
Business Card Emirates Islamic Business Credit Card 3.25
Skywards Cards Emirates Islamic Skywards Gold Credit Card Monthly fee based on a credit limit
Emirates Islamic Skywards Platinum Credit Card Monthly fee based on a credit limit
Emirates Islamic Skywards Signature Credit Card 3.25
Emirates Islamic Skywards Infinite Credit Card (Fee-Based) Monthly fee based on a credit limit
Emirates Islamic Skywards Infinite Credit Card (Profit-Based) 2.99


Emirates Islamic Credit Card Limit

Here is the Emirates Islamic Bank credit card limit:

  • For profit-based Emirates Islamic credit cards, the credit limit is fixed at the time of the application.
  • For fee-based Emirates Islamic credit cards, the credit limit varies depending on the monthly membership fee. The higher the monthly membership fee is, the bigger the credit limit is.

Note- Emirates Islamic reserves the rights to increase or decrease the cardholder’s credit limit, and inform them about the same. To request a change in the Emirates Islamic credit card limit, the cardholder may contact customer support at (+971) 600-599995 or fill out an enquiry form online.

Emirates Islamic Credit Card Charges

Some of the most common Emirates Islamic credit card charges are mentioned below.

  • Late Payment Charge: AED 225
  • Over Limit Charge: AED 249 (From April 1st, 2019 onwards the fee will be AED 279)
  • No Liability Letter Charge: AED 50
  • Supplementary Card Charge: Free for up to 4 supplementary Emirates Islamic credit cards
  • Cash Advance Charge: 3% of the transaction amount up to AED 99 (from  April 1st, 2019 this will be up to AED 149)

The full list of Emirates Islamic credit card charges can be found online.

The monthly Emirates Islamic credit card charges can be paid in the following manner:

  • Cheques: These can be deposited in drop boxes located at all Emirates Islamic The full list of branches can be found online.
  • Cash: Cash payments can be made at branches or through Cash Deposit Machines.
  • Online Payment: Monthly Emirates Islamic credit card charges can be paid through the online banking portal, called BankNet. These can also be scheduled to auto-pay every month.

How to Cancel the Emirates Islamic Credit Card?

In order to cancel the Emirates Islamic credit card, the cardholder should first request for closure of the Emirates Islamic bank account. Once all the dues have been cleared, the cardholder will receive confirmation of the account’s closure. The account closure form can be found online.

 After confirmation, it is advised to destroy the Emirates Islamic credit card and all supplementary cards as well. Emirates Islamic credit card members should also request for a No Liability Letter, which can be obtained at a nominal fee of AED 50. This letter may be required when moving out of the UAE.

Why Choose Emirates Islamic Credit Cards?

Emirates Islamic credit card offers world-class benefits such as:

Global Acceptance

With over 30 million installations all over the globe, the Emirates Islamic credit card offers global acceptance.

Supplementary Cards

Nearly every Emirates Islamic Bank credit card offers up to 4 free-of-cost supplementary cards for the eligible family members of the cardholder.

Easy Instalment Plans

The 0% Emirates Islamic Bank credit card EPP plan allows the cardholder to spend as per their convenience while also spreading out payments responsibly.

Eligibility Criteria

The Emirates Islamic Bank credit card minimum salary requirements are very relaxed, starting at just AED 5,000 per month. This allows a wider range of UAE credit card applicants to opt for Emirates Islamic credit cards.

Premium Benefits

From the guaranteed savings of the Emirates Islamic cash back credit cards to the VIP lounge access offered by the Emirates Islamic Skywards Platinum card, the benefits of an Emirates Islamic credit card are truly world-class.

Sharia Compliant

All the Emirates Islamic Bank credit cards are formulated as per Sharia There is no interest and no hidden charge. Full transparency and profit sharing define the Emirates Islamic credit cards.

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