Najm Platinum Cashback Credit Card
About the Najm Platinum Cashback Credit Card
The Platinum Cashback Najm card gives cardholders a way to accumulate immense savings on daily expenses, grocery shopping and much more. Partnered with Visa, the Platinum Cashback Najm credit card brings a unique blend of savings and rewards, unlike any other card.
Najm is part of Maji Al Futtaim Finance LLC and functions as a branchless banking institution. This means that cardholders can perform their entire Platinum Cashback Najm card banking operations directly through the internet.
Features of the Najm Platinum Cashback Credit Card
A Platinum Cashback Najm credit card affords cardholders access to a host of industry-leading features and services, some of which have been detailed below:
Outstanding Balance Transfer
Cardholders may transfer outstanding balance amounts from their other cards for up to 80% of the available Platinum Cashback Najm card credit limit at 0% interest. Owners of the Platinum Cashback Najm credit card can effectively utilize this feature to easily get rid of debt and save on extra interest charges.
Najm Easy Payment Plan (EPP)
The Najm EPP helps ease the burden of large purchases by offering cardholders the option to convert such expenditures into monthly instalments. Members of the Platinum Cashback Najm card can convert any transaction of AED 500 or more into an Easy Payment Plan at 0% interest. The repayments can be made for a tenor ranging between 3 months to 12 months. Najm credit card owners may avail of the EPP features at partnered vendors only.
Loan on Phone
Aptly named, the loan on phone feature allows members of the Platinum Cashback Najm card to instantly request for 70% of their available Najm credit card limit by making a simple request via the phone or through SMS. The funds are transferred into the cardholder’s bank account and can be repaid over a tenor of 3 - 36 months at low interest. The feature is applicable only on minimum withdrawals of AED 1,000.\
A Platinum Cashback Najm card offers cardholders the possibility of withdrawing up to 25% of the available Najm card credit limit instantly at any Visa-accepting ATM. This is extremely helpful in times of emergency, where the Najm credit card itself can be used as an immediate source for cash funds.
Members of the Platinum Cashback Najm card can share its benefits with their family members through supplementary Najm credit cards. The supplementary Najm cards allow family members to access the primary card’s credit limit and can be set with limits to monitor spending. Cardholders can request for up to 5 Platinum Cashback Najm credit cards at no cost at all.
Benefits of the Najm Platinum Cashback Credit Card
A Platinum Cashback Najm credit card offers its owner dozens of exciting saving incentives and preferential service. The Platinum Cashback Najm card benefits are:
Flat 0.5% Cashback
Owners of the Platinum Cashback Najm credit card earn 0.5% cash back on any purchase made with their Najm card. This is applicable at any vendor that accepts Visa cards and as such is applicable nearly everywhere across the globe.
The Platinum Cashback Najm card offers the following exclusive Carrefour benefits:
- Cardholders receive 1.5% cash back on Carrefour purchases made with their Najm card. This is applicable on any day of the week.
- Every Tuesday, the cash back earning doubles to 3%.
b. Speedy Check-Out: Certain Carrefour store locations have exclusive Najm checkout counters in place, which can be used by owners of the Platinum Cashback Najm credit card for a quick check out.
c. Trolley Service: Carrefour purchases of AED 250 or more that are made with the Platinum Cashback Najm card qualify the cardholder for the Carrefour Valet Trolley service. The valet trolley service allows Carrefour customers to simply pick out items at the store and have them delivered directly to their doorstep. Cardholders can make use of the service as many times as they’d like.
d. Carrefour EPP: Owners of the Platinum Cashback Najm credit card may convert their Carrefour purchases into an Easy Payment Plan at 0% interest and tenures of as much as 12 months.
Members of the Platinum Cashback Najm credit card are offered Buy 1 Get 1 Free deals on certain movie refreshments. Cardholders receive one complimentary medium popcorn for every popcorn they purchase with their Najm card. This is limited to 3 free popcorns per outing.
- Cardholders receive a 9% discount for bookings made at Expedia Hotels.
- Najm card owners may also receive additional discounts on travel for up to 50% when making bookings through the Najm Voyager Travel Portal.
Visa Platinum Advantage
The Platinum Cashback Najm credit card is a Visa Platinum partnered card, and as such enjoys the following benefits:
a. Travel Advantage
- Discounts on tons of airport dining establishments via the DragonPass mobile app, available for iOS and Android.
- Airport Meet & Greet, Limo Pickups, Arrival Visa services and more - 15% discount for Najm card holders.
- Avis Car Rentals - 10% discount on both local and international car rentals.
- Hotel Reservations at Agoda.com - 10% discount.
- Preferential room rates, room upgrades, VIP status and more across the Visa luxury hotel locations.
b. Lifestyle Advantage
- Vox Cinemas - Platinum Cashback Najm credit card owners receive a flat 50% discount on Sundays for up to 10 tickets per month.
- Roxy Cinemas - 20% discount on select tickets between Sunday - Thursday.
- Meeras Leisure & Entertainment Locations - 20% discount for Najm card members.
- Golf range discounts at 11 courses across the nation.
c. Dining Advantage
- Time Out Dining Establishments - 20% discount.
- Jumeirah Group Hotels - 20% discounts across dining and stays.
- Meeras Food & Beverage Locations - 20% discount at select locations.
d. Shopping Protection
- Purchase Protection - Purchases made with the Platinum Cashback Najm credit card are covered against damage, loss and theft for up to US$ 5,000 per transaction.
- Extended Warranty - Warranties on items purchased with the Najm card are offered an extension on their period of validity. This is capped at US$ 5,000 per year.
- Chic Outlet Collections - 10% discount for Platinum Cashback Najm card members.
Additional information on the Visa-offered Platinum Cashback Najm credit card offers and discounts can be found on the Visa Middle East site.
Eligibility Criteria for the Najm Platinum Cashback Credit Card
Applicants are required to meet a certain set of eligibility criteria in order to qualify for the Platinum Cashback Najm credit card. These criteria are:
- Age Restriction: Platinum Cashback Najm card applicants must be at least 21 years of age. Supplementary Najm credit card applicants, on the other hand, can be as young as 18 years.
- Minimum Salary: In addition to providing valid employment details and proof of income.
- Credit Score: The applicant’s credit score determines how risky of a customer they would be to Najm. Applicants will need a good credit score to assure the Najm card customer care staff of their ability to repay on time.
- Residency: Only UAE residents can apply for the Platinum Cashback Najm credit card. Applicants will also be required to submit proof of their UAE residency, as explained in the ‘Additional Documentation’ section.
Top Reasons to get the Najm Platinum Cashback Credit Card
There are hundreds of reasons why the Platinum Cashback Najm card has become such a huge success in the UAE. Here are just a few of the top reasons:
Najm is a branchless banking initiative that has taken the UAE by storm. Cardholders are able to perform all their banking activities from the comfort of their own home, thanks to the seamless connectivity of the Najm card online platform and the intuitive Najm card mobile banking app.
- The online Najm card login is a convenient and secure access point for Najm online banking.
- The Najm credit card mobile banking app is available for Android and iOS phones both.
The Najm card customer care staff is available at any time of the day to clear queries and provide support to cardholders. Furthermore, the telephonic banking service offered by Najm utilizes a single pin to help quicken the resolution process. The Najm card contact number for customer care is 600-57-6256.
Platinum Cashback Najm cards are fee-free, charging no annual membership fee from cardholders. The 5 supplementary Platinum Cashback Najm credit cards are also issued free of charge, allowing cardholders and family members to start saving immediately without paying a dime in fees.
Najm credit card payments have a direct impact on the retail interest of the card. By maintaining a minimum monthly Najm credit card payment of 80% of the outstanding balance, the cardholders can continue to enjoy low monthly interest rates of 3.25%.
Najm Platinum Cashback Credit Card Offers
Najm goes above and beyond to ensure the Platinum Cashback Najm credit card owners get the most out of their card. Given below are some of the currently active Najm card offers. Note that many of these Najm credit card offers are available for a limited time only, as they are regularly updated by Najm.
Cardholders are given the option to load their Platinum Cashback Najm credit card directly onto their Samsung smartphone via the Samsung Pay app. But, in addition to being a highly convenient method of payment, the Samsung Pay app also gives Najm card owners a chance to win a new Samsung S9 smartphone. In order to enter the lucky draw, cardholders are required to add their Najm credit card to Samsung Pay and make three purchases through the app. This Najm card offer is valid till 20th May
Owners of the Platinum Cashback Najm credit card can win a complimentary return flight through SriLankan Airlines by booking flights through srilankan.com/najm. This Najm card offer is applicable till 31st March 2019 and for flights booked from April 2019 through December 2019.
Najm Lifestyle Offers
From dining and shopping to travel, health and wellness, the Lifestyle Najm credit card offers allow cardholders to live vicariously and enjoy massive discounts across a huge assortment of lifestyle activities. The Lifestyle Najm card offers can be found on the Najm site.
Seasonal Najm Offers
These regularly rotating Najm credit card offers are designed to address the most pressing spending requirements of the Platinum Cashback Najm card The Seasonal Najm card offers can be found on the Najm site.
As a Visa partnered card, the Platinum Cashback Najm credit card also offers cardholders a range of Visa offers and services. The numerous Visa Najm card offers can be browsed through at the Visa Middle East site.
Najm Platinum Cashback Credit Card Fees & Charges
The Platinum Cashback Najm card system of fees & charges is as follows:
- Annual Membership Fee: Free
- Retail Interest (Monthly): 3.25% - 3.79% *
* The applicable interest rate on this Najm credit card is dependent upon the Najm card payments over the previous 3 months. By meeting a minimum monthly payment of 80% of the Najm credit card’s outstanding balance, cardholders can continue to enjoy a 3.25% retail interest rate.
- Cash Advance Interest (Monthly): 3.75%
All other fees & charges on the Platinum Cashback Najm credit card can be examined on the Najm website itself.
How to Apply for the Najm Platinum Cashback Credit Card
Platinum Cashback Najm credit card applications can be completed through the Najm card online platform only. After submitting the Platinum Cashback Najm card online application form, applicants will be required to present the documents mentioned in the next section.
Any doubts about the Platinum Cashback Najm card online application can be clarified via the Najm card customer care number at 600-57-6256.
Additional Information & Documentation
To qualify for the Platinum Cashback Najm card, applicants will be required to submit all of the following documents:
- The Najm card applicant’s Emirates ID.
- The applicant’s passport + visa copy.
- A mini bank statement of the applicant’s salary account.
- The applicant’s employer information and the latest month’s personal bank account statement.
- The applicant’s salary certificate, issued by their respective organization.
- A second form of ID for the applicant. This may be in the form of a labour card, a UAE E-Gate pass, etc.
- A security cheque for the amount specified by Najm.
Applicants that are self-employed will also have to submit the following:
- A trade license in the name of the Najm credit card applicant.
- Proof of ownership of the organization, which can be shown through:
- The organization’s power of attorney; or
- The organization’s memorandum of association; or
- A document showing the applicant’s percentage share of the organization.
- Instead of a mini bank statement (point 3) and the latest month’s personal bank statement (point 4), the Najm card applicant will be required to submit:
- The latest 3 months of the organization’s original bank statement; or
- The latest 3 months of the applicant’s original personal bank statement.
Najm Platinum Cashback Credit Card FAQs
Q.1. What is the use of a supplementary Najm Platinum Cashback Credit Card?
The supplementary Platinum Cashback Najm card can be used just a regular Najm credit card. Supplementary Najm cards are issued to family members of the primary cardholder and share the same credit limit as the primary Platinum Cashback Najm credit card.
Supplementary Najm cards can be restricted with fixed spending limits to better monitor spending. Owners of the Platinum Cashback Najm credit card can request for up to 5 supplementary Najm cards. There is no issuance fee for a supplementary Najm credit card.
Q.2. Where can I calculate my yearly savings with the Najm Platinum Cashback Credit Card?
A Platinum Cashback Najm card offers huge savings in the form of cash backs and rewards. Existing cardholders and new applicants alike can refer to the Cashback Calculator available on the Najm website in order to estimate how much they can save with the Platinum Cashback Najm credit card.
Q.3. Where can I make my Najm Platinum Cashback Credit Card payments?
The Platinum Cashback Najm card payments can be made in any of the following ways:
- Najm Online
- Najm credit card payments can be made through the Najm card online banking portal or the Najm card online mobile banking app (available for download on Android and iOS app stores).
- At Emirates NBD
- Automated Teller Machines (ATMs); or
- Cash & Cheque Deposit Machines (CCDMs).
- Through third-party online banking platforms
- Emirates NBD Online Portal - BankNet
- Mashreq Bank Online Portal - Mashreq Easy Pay
- HSBC Online Portal - HSBC Online
- Citibank Online Portal - Citibank Online
- At Exchange Houses
- UAE Exchange
- Al Ghurair Exchange
- Al Fardan Exchange
- Al Ansari Exchange
- Redha Al Ansari Exchange
- At select convenience stores
- ENOC stores
- EPPCO stores
- Through Post
- The Platinum Cashback Najm card payments can be mailed as a cheque to PO Box No 35995, Dubai, UAE. Cheques should be made out to ‘Majid Al Futtaim Finance LLC’.
Locations of the various payment outlets and exchange houses may be browsed through on the Najm website. Additional information on payment procedures can be provided by the Najm card customer care, contactable at 600-57-6256.
Q.4. Who do I contact if my Najm Platinum Cashback Credit Card is stolen/lost?
If a Platinum Cashback Najm credit card has been misplaced or stolen, the cardholder is required to immediately report it to the local police authorities and to the Najm card customer care staff. After doing so, the cardholder may be issued a replacement Platinum Cashback Najm card as per the issuer’s discretion.
The issuance fee for a replacement Platinum Cashback Najm credit card is AED 78.75. If the lost Najm card is found afterwards, the card member is required to cut it in half and return it to Najm.
Q.5. How do I cancel the Najm Platinum Cashback Credit Card?
The Platinum Cashback Najm credit card may be cancelled by submitting a written request to Najm, accompanied with all primary and supplementary Najm cards cut in half. However, the account closure request is only processed after the cardholder has cleared all outstanding due and charges on the card.
After doing so, Najm will retain the security deposit amount for a minimum period of 60 days.
Platinum Cashback Najm credit card owners are also advised to request for a Liability Letter, which indemnifies the cardholder from any liability towards the cancelled Najm card. The Liability Letter can be obtained for AED 52.50.
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