The DIB SHAMS Signature Covered Card is a rewards credit card. It offers reward points on dining and travel bookings, complimentary airport transfers and lounge access, and exclusive benefits like valet parking, golf rounds, and Fitness First access.
Earn 10 Wala’a reward points for every AED 1 spent on dining. Maximum rewards are capped at 10,000 per month.
Earn 10 reward points for every AED 1 spent on travel bookings, including flights and hotels. Maximum rewards are capped at maximum 15,000 per month.
Earn 3 reward points per AED 1 on international spends.
Earn 2.5 rewards per AED 1 on other domestic spends and AED 0.4 on EEA and select category spends like government payments, groceries, utilities, and more.
The Wala’a Rewards can be redeemed for travel, cashback, shopping, and others.
Cardholders redeem points to book flights and hotels, exchange for Etihad or Qatar Airways miles, pay bills, or convert them into statement credit.
Cashback: 20,000 Wala’a Rewards = AED 80 as statement credit.
Shopping: Redeem for gift cards (min. 10,000 rewards).
Miles Exchange: 20,000 Wala’a Rewards = 1,000 Avios or Etihad Guest Miles.
Pay with Rewards: 20,000 Wala’a Rewards = AED 80 for purchases.
Bill Payments: 20,000 Wala’a Rewards = AED 100 for utility bills.
Features
No annual fee for the first year and the fee for the subsequent years will be waived on meeting a minimum spend of AED 30,000 per year.
Welcome bonus-1 provides 100,000 Bonus Wala’a rewards worth up to AED 500 for new customers. Bonus applicable on a minimum spend of USD 10,000 within 90 days of card issuance.
Welcome bonus-2 provides a 20% cashback on transactions made via Dubai Now, Talabat, Noon, Deliveroo, and Amazon. A maximum cashback of AED 20 is available per merchant per card with a total cap of AED 360 per month.
Get 8 complimentary airport lounge visits per year for the cardmember and a guest at over 1,200 lounges worldwide.
Free multi-trip travel insurance covers up to $500,000 for the cardholder, spouse, and up to 5 children for trips up to 90 days.
Avail 4 free golf rounds per month at 7 premium golf courses across the UAE.
Complimentary access to Fitness First Platinum and Titanium Clubs across the UAE.
Avail 2 free valet parking services per month at 20 key locations across the UAE.
Get up to 2 complimentary airport transfers per year from Abu Dhabi, Dubai, and Sharjah airports.
Avail up to 5 supplementary cards at no extra cost. Supplementary card purchases are also eligible for reward points.
Additional Benefits
Buy One Get One Free offer on beverages at Costa Coffee outlets across the UAE.
Get 15% off on Zofeur services, including Personal Chauffeur, Vehicle Inspection , and Garage Pick-up & Drop-off.
Get up to 2 free roadside assistance services per year with benefits like free international driving license, complimentary vehicle registration, vehicle servicing pick-up and drop-off, towing, fuel assistance, battery boost, flat tire fixing, lock-out service, off-road pull-out, and inter-emirate towing.
Complimentary Buyer’s Protection provides protection against theft or accidental damage on purchases made within 365 days from the purchase date.
Access exclusive privileges at over 900 luxury hotels worldwide, including special rates, room upgrades, complimentary breakfast, free internet, late check-out, VIP status, and a US$ 25 food and beverage voucher.
With Balance Transfer Facility transfer outstanding balances from other bank credit cards. Up to 90% of the card limit or 100% of the available cash limit can be transferred.
Withdraw up to 90% of the available credit limit from anywhere in the word. Cardholders can instantly transfer funds from the card to their Dubai Islamic Bank account through online banking.
Fees & Charges
Supplementary Annual Fee: Free
Late Payment Fee: AED 236.25
Over limit Fee: NA
Cash Advance Fee: AED 94.50
Addition Information
The 1st airport lounge visit each calendar year is free, while subsequent visits require a minimum foreign currency spend of $1 at least 15 days before the visit.
Multi-trip insurance provides coverage for personal accidents, emergency medical expenses, evacuation and repatriation, hospital cash, trip cancellation, flight delays, missed connections, baggage delays, and loss of personal belongings.
Use promo code ‘DIB15’ on the Zofeur app to avail the discount offer. Maximum discount of AED 15 per transaction, valid up to 4 times per month.
Balance transfer from the other card can be done in 1-3 business days and a 12-month repayment plan is also available. Minimum transfer amount: AED 1,000.
Most of the complimentary services are applicable on a minimum total monthly spend of AED 5,000.
