Classic Credit Card

Classic Credit Card

Earn Stars with this free for life card

Classic Credit Card

Earn rewards and enjoy discounts across the UAE

Highlights

  • No annual fees free for life
  • Free purchase protection of up to USD 10,000
  • Earn up to 1.25 Stars for every AED 1 spent

 

The Classic Credit Card is no longer issued by the bank and any information shown here is for existing customers only

Put yourself in control of your spending with our Classic Credit Card, which comes with rewards, retailer discounts and an extended interest-free payment period.

Classic Credit Card offers you spending power to meet your lifestyle

  • High credit limits
  • Up to 56 days of interest free credit
  • Enjoy special offers and discounts at selected premium retailers, restaurants and lifestyle venues in the UAE

 

The Classic Credit Card is accepted worldwide so you don’t have to worry about carrying cash when travelling abroad

  • You’ll receive instant SMS even when travelling outside UAE so that you are always in control of your expenses

 

Earn 0.5 Star for every AED 1 spent on domestic purchases & 1.25 Stars for every AED 1 spent on international purchases

  • Redeem your Stars for Etihad Guest Miles, Skywards Miles from Emirates, or to book tickets on any airline through our Stars Travel Portal.
  • Stars can also be redeemed for the Stars Card, which is accepted as a payment method wherever you see the Visa sign.
  • Enjoy special offers and discounts at selected premium retailers, restaurants and lifestyle venues in the UAE.

 

Your Classic Card comes with a range of additional protection features.

  • Protect yourself against unexpected events with Credit Shield Plus. When you can’t meet your credit card payments due to unforeseen circumstances, your credit card’s outstanding balance (i.e. the amount you owe) is taken care of. To activate your Credit Shield Plus cover, call us on 600 56 6223
  • Enjoy free Purchase Protection up to USD 10,000 against lost, damage or theft for 90 days from date of purchase.
    *This benefit will be discontinued with effect from 1 October 2018.
  • Protect your home contents against the unexpected with a Home Content Insurance plan . You can enjoy a flexible home content insurance plan starting from just AED 25 per month. Sum insured limits range from AED 50,000 to AED 150,000 that let you choose the plan that works just right for you. For more details , click here. For T&Cs, click here. To apply SMS ‘HOME’ to 2050.

 

For added security when you make transactions online, we will send you a One Time Password (OTP) before we authorise your transaction.

  • Plus, each time your card is used, we’ll send you an SMS alert to let you know, so you can keep track of your card use and spending.

 

Eligibility

  • A minimum salary of AED 5,000 per month if you are an existing salary transfer customer
  • A minimum salary of AED 6,000 per month for all other customers

 

Fees and charges

Schedule

Fees  

Principal Annual Fee               

Free for life                 

Supplementary Annual Fee  

Free for life

Retail Interest Rate*

3.25% p.m

Cash Advance Interest
Rate

3.50% p.m

Cash Advance Limit  

40% of Credit Limit

Cash Advance Fee (% of withdrawal amount)

3% of the amount of cash obtained, with a  minimum of AED 100 per transaction

International Transaction Charges

1.95% of transaction value + scheme charges

Choice of Monthly Payment

5% to 100% of outstanding

Minimum Monthly Payment
 

5% of outstanding balance or AED 100  (whichever is higher)  

Late Payment Fees

AED 275 per month

Over Limit Fees

AED 275 per month

Credit Shield Plus 

Charged per month at 0.95% of outstanding

Statement Reprint Charges  

AED 25 per statement  

Copies of Transaction Slip   

AED 25 per transaction slip

Cheque Returned Fee  

AED 200  

Card delivery via Branch  

AED 50  

Card delivery via Courier

No fee

Grace Period – Retail
Purchases

Up to 56 days on purchases (if amount outstanding is settled in full on or before the due date)

Grace Period – Cash

None

Card Replacement Fee  

No fee

Card Payment at Al Ansari

No fee


*If the outstanding amount is not paid in full on or before the due date, interest will be charged on the amount outstanding from the transaction date. For any queries or billing information simply call us on 600 56 6223, or visit any branch. Our Bank reserves the right to change its card pricing at any time.

  

Balance transfer

3 Months

6 Months

9 Months

12 Months

18 Months

24 Months

36 Months

Interest rate      

    NA

  0.00%

  0.90%

  0.80%

  0.70%

   0.60%

     NA

Processing fee      

    NA

  2.00%

  0.00%

  0.00%

  0.00%

   0.00%

     NA

Cancelation fee: AED 150 + remaining period interest

Easy cash (EC)

3 Months

6 Months

9 Months

12 Months

18 Months

24 Months

36 Months

Interest rate      

  0.90%

  0.00%

   0.90%

  0.90%

   0.80%

   0.80%

     NA

Processing fee

      -

   4.00%

      -

       -

       -

       -

     NA

Early settlement fee: AED 150 + remaining period interest

Plan on transactions

3 Months

6 Months

9 Months

12 Months

18 Months

24 Months

36 Months

Interest Rate
   

  1.1%
  ***

   1.1%
   ***

   1.20%  

   1.20%

   1.20%

   1.10%

   1.10%

Early settlement fee: AED 150

***For selected customers, subject to approval

Payment Plan on balance

3 Months

6 Months

9 Months

12 Months

18 Months

24 Months

36 Months

Interest Rate

   1.00%

  1.00%

  1.00%

  0.90%

  0.80%

  0.70%

     NA

Early settlement fee: AED 250 + remaining period interest

For selected customers, subject to approval

Interest rate: 0%

Cancelation fee: AED 150

For transactions at selected partner merchants