ADIB Business Platinum Covered Credit Card

ADIB

Min. Salary

AED 8000

Annual Fees

AED 800

Interest Rate

3.75%

FX Rate

2.3%

Benefits

Sharia Compliant

The ADIB Business Platinum Covered Credit Card is available for existing ADIB customers with no annual fee for the 1st year. With a credit limit of up to AED 10,000,000, the business card also provides a cash withdrawal limit of 60% along with other benefits.

Reward features

  • The Platinum covered card comes with no annual fee for the first year
  • Up to four free supplementary cards for the family members

Features

  • Business card with a card limit of AED 10,000,000
  • The card offers a cash withdrawal limit of 60% 
  • Provides unlimited supplementary cards 
  • Secured with advanced chip & pin and contactless technology to make the cards secure and convenient

Additional Benefits

  • A grace period of up to 55 days to make the payment toward the outstanding card balance
  • Cardholders can use the ADIB Online Banking facility to fund the card when required. 
  • Fund your ADIB Business Gold Covered Card anytime using ADIB Direct (Online Banking).

Fees & Charges

  • Supplementary Annual Fee: Free up to 4th card from 5th card onwards AED 100
  • Late Payment Fee: AED 100
  • Over limit Fee: AED 50
  • Cash Advance Fee: 3% of the withdrawn amount or a minimum of AED 99

Addition Information

  • The business cards are available only for ADIB’s existing customers. 
  • A minimum monthly payment of 10% of the outstanding 
  • Documents required to apply for the card are original documents (professional license, commercial registration, etc), valid passport and copies, Emirates ID, and others.