The United Arab Bank Platinum Credit Card is the first vertical credit card available in the whole region. Not only does this UAB credit card look unique & different but also it offers unique benefits and exciting privileges to its cardholder that other cards simply can’t match.
United Arab Bank Platinum credit card offers some of the best benefits and features that enable its cardholder to make the most of their card:
For every US $1 spent on the United Arab Bank Platinum Credit Card, ‘2 UAB Rewards’ can be earned. The card member can easily redeem their UAB rewards for
*Please note that redemptions of all UAB Rewards are inclusive of taxes and member of this card can redeem their UAB Rewards online from anywhere in the world.
*With the United Arab Bank Platinum Credit Card, the cardholder can avail 30,000 UAB Rewards.
Following are the fees & charges of the United Arab Bank Platinum Credit Card:
Description | Conventional | Islamic |
---|---|---|
Retail Monthly Rate | 2.99% | NA |
Cash Advance Charge | 3% with 100 AED (minimum) | 100 AED |
Annual Membership Fee | Free for 1st year | |
Annual Fee from 2nd year onwards | 750 AED | NA |
Supplementary Card Charges | Free | |
Card Replacement Fee (lost or damaged) | 75 AED | |
Over Limit Fee | 199 AED | |
Late Payment Charge | 230 AED | |
Amendment Charges of Credit Card limit | 50 AED | |
Credit Shield Insurance (CSI) Fee | 0.89 percent of the outstanding amount | |
Duplicate Statement Charge | 45 AED | |
Copy of Sales Voucher Fee | 65 AED | |
Currency Conversion Charge | 3% | |
Returned Cheque Charge | 100 AED | |
Issuer Markup Charge | 2.5% | |
Balance Transfer Processing Charge | 300 AED or 3% | 100 AED |
Easy Cash Processing Charge | 200 AED or 2% | NA |
Foreign Transaction Markup Charges | 2.5% | |
Processing Charge on Installment Plan | 50 AED | NA |
Other Charges (charges of card delivery, statement, change in payment due date, courier charges, etc.) | 25 AED | |
Maximum Grace-Free Days (in case of full payment on or before the payment due date) | 55 days | |
Minimum Due Payment On Balance | 5% |
*The applicant can apply for a Free for life UAB Platinum Credit Card. This offer is valid till 30th, June 2019.
*The annual membership fee for one year will be reversed on spending 10000 AED in a year.