Arab Bank World Elite MasterCard Credit Card

Arab Bank

Min. Salary

AED 50000

Annual Fees

AED 1900

Interest Rate

3.25%

FX Rate

3%

Benefits

Airport Lounge Access
Concierge Service
Credit Shield
Dining Benefit
Hotel Discounts
Travel Insurance

The Arab Bank World Elite MasterCard credit card is designed for elite customers. It offers many unique features like global concierge services and offers and discounts on luxury hotels and resorts. This international travel card provides travel insurance, lost baggage claim, medical insurance, and more.

Reward features

  • Complimentary airport lounge access to the holder and a guest
  • Membership in global loyalty programs – Global Hotel Alliance DISCOVERY Black Membership, Qatar Airways Privilege Club Gold Tier and President’s Circle Membership
  • Offers and discounts in many resorts, hotels, and luxury service apartments
  • Arabi points added to the bank’s loyalty program on credit card usage
  • MasterCard® Buy 1 Get 1 Offers
  • Cleartrip Airline Discounts
  • SPG® Hotels & Resorts Complimentary Hotel Nights

Features

  • This card is offered by invitation only
  • 24/7 global concierge service for international lifestyle services
  • Travel insurance benefits like rental collision and damage waiver, medical insurance, travel cancellation, and inconvenience
  • Personalized credit limit for your financial needs
  • Card can be used for online purchases, ATM cash withdrawals, and retail purchases
  • High cash advance limit
  • Airport Lounge Access
  • Offers and Discounts on hotels, shopping traveling etc
  • Memberships in global loyalty programs

Additional Benefits

  • Contactless payment technology for quick and easy purchases
  • Smart chip technology enables card ensures enhanced security
  • Competitive interest rates
  • Easy payment plans starting from 0%
  • Credit Shield Insurance with coverage on the outstanding balance
  • Secure online transactions with ‘MasterCard SecureCode’
  • Interest-free credit on purchases for full repayment before the due date 
  • Easy card management using phone and internet banking services
  • Flexible repayment choosing either 5%, 25%, 50% or 100% of the Balance

Fees & Charges

  • Supplementary Card Annual Fee: AED 950 for Elite Program only
  • Late Payment Fee: AED 230
  • Over limit Fee: AED 275
  • Cash Advance Fee: 3% with a min of AED 100

Addition Information

  • Supplementary card available for Elite Program only
  • Fast processing of the application