| Minimum Salary | Salary Transfer | Islamic Finance | Cashback | Annual Fee | Rate | |
|---|---|---|---|---|---|---|
Dubai First - Platinum Rewards Card
|
Minimum Salary: AED 8,000 | Salary Transfer: No | Islamic Finance: No | Cashback: No | Annual Fee: AED 550 | Rate: 3.19% |
Features
- No annual fee for first year, AED 550 from 2nd year onwards.
- Use your Platinum Life card to buy a movie ticket at select cinemas in the UAE, and get the second one absolutely FREE
- Every time you use your Platinum Life card for retail purchases, you earn 1 Dubai Dinar per Dirham spent. You can redeem your rewards against Gift Vouchers from leading brands, shopping malls, utilities and online transactions.
- Earn 1% cash back every time you top-up your NOL Card on a minimum spend of AED 100 at RTA per calendar month.
- Balance Transfer
- Loan on Phone
- Easy Purchase Plan
- Fraud Protection
- Accident Insurance
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years:
This is the original term or length of the product, stated in years.
Effective Monthly Payment:
This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%):
The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
