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Ajman Bank Roadmiles Platinum Credit Card

Ajman Bank

Min. Salary

AED 5000

Annual Fees

AED 300

Interest Rate

%

FX Rate

4%

Benefits

CashBack
Sharia Compliant

Ajman Bank Roadmiles Platinum Credit Card is a cashback card. Earn mile and redeem it for cashback. This VISA card is globally accepted and hence adds to your travel comfort.

Features:

  • Earn Roadmiles for every AED spent on the card
  • Redeem your points for Cashback
  • This card is accepted globally and powered by VISA
  • Get cash up to 100% of the available credit limit
  • Monthly Fee applicable

Fees and Charges:

  • Supplementary Card Annual Fee: First 2 cards are free, then AED 50 per annum/card
  • Late Payment Fee: AED 125
  • Over limit Fee: AED 125
  • Cash Advance Fee: AED 150

FAQ Section

For every dollar you spend on a rewards credit card, you get some kind of “reward”—usually cashback, points, or travel miles—up to a specific limit. You can then spend your points in a variety of ways depending on the card.

In an ideal world, rewards are a win-win situation for both you and your credit card provider. The issuers want you to grab its card before any other card is kept in your wallet and use it before any other card, be it a debit card. The issuer presents you with incentive credits in a number of formats to encourage you to do so. Forms like cash back credit cards, travel credit cards, and credit cards that offer points.

When it comes to selecting a rewards card, the best approach is to look for one that provides the most value depending on your typical purchasing habits. Look for a card that gives you what you want and does not make you spend more in pursuit of points. Read the cardholder agreements that come with the cards once you’ve reduced the field down to a small list.Keep in mind to compare credit card fees and annual percentage rates (APRs). Last but not least, always remember that rewards are a great benefit to you but there’s nothing better than a lower interest rate for a long run.

When applying for cards in a row, be cautious. When you apply for a new credit card, the card issuer will most likely request your credit report, which is referred to as a hard inquiry.

If you meet the following criteria, a rewards credit card may be suitable for you:

  • Your credit score is good to exceptional.
  • You are a regular traveler.
  • You don’t have a balance or you have a small balance.
  • Restaurants, gas, groceries, and shopping are all places where you spend money.
  • Cash back, discounts on gas station purchases, and even travel miles are some of the benefits available.
  • Earning rewards is one of the key benefits of credit cards for people who use them frequently, as cardholders may redeem them for goods they were planning to buy anyway, as well as the occasional treat.

Getting the most out of your rewards credit card is what everyone wants but how ? So here are some quick tips which would make you avail the maximum benefits from the card.

  • Make sure you’re not in over your head. Make right purchases and not unnecessary ones just to get extra points.
  • Combine an introductory bonus with large purchases. Plan your major purchases according to when you are planning to get a card. This will provide maximum and good use of intro bonuses.
  • Seek for No-Fee Cards. It will be helpful in the long run and you will save up a lot of money which otherwise you would have been paying as an annual fee of your card.

A good rewards credit card allows you to do the things you enjoy while spending less money. It not only gives you monetary benefits like cashback and discounts but also gives you huge bonuses for certain purchases you make. Not only this, it also gives you reward points which you can redeem and give yourself a treat then and now.

Redeeming your Reward Points online is the most convenient option because it eliminates the need to call the bank’s customer service department. For things purchased online using Reward Points, most banks provide home delivery. These points can also be converted into air miles and used to purchase airline tickets. If you don’t want to make any purchase and want the redemption in cash, that is also possible.

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