Ajman Bank is trimming one of the ULTRACASH Credit Card's headline perks. From 1 October 2026, the monthly cashback cap on supermarket and online spending drops from AED 200 to AED 100 per category. Everything else about the card stays the same.
What's changing
Only two categories are affected — and only their caps, not the rates:
- Supermarket: still 5% cashback, but the monthly cap falls from AED 200 to AED 100.
- Online spends: still 5% cashback, but the monthly cap falls from AED 200 to AED 100.
Left untouched: the 5% fuel cashback (AED 400 cap), the 5% school-fees cashback (AED 200 cap), and 1% on everything else. The change takes effect on 1 October 2026 — until then, the AED 200 caps still apply.
What it means for your wallet
The caps only bite if you spend heavily in these categories. At 5%, you now hit the new AED 100 cap at AED 2,000 of monthly spend — it used to take AED 4,000 to reach the old AED 200 ceiling.
- Supermarket: spend AED 4,000 in a month → cashback was AED 200, now AED 100.
- Online: spend AED 4,000 in a month → cashback was AED 200, now AED 100.
If you regularly max out both categories, that's up to AED 200 less each month — around AED 2,400 a year.
Cards that earn more on groceries and online
Once the ULTRACASH cap drops to AED 100 a month per category, a dedicated cashback card can earn you far more on the same spend. A few worth comparing:
Groceries (supermarket)
- Al Hilal Cashback — 5% back on groceries, up to AED 500 cashback a month.
- ADIB Cashback Covered — 4% back on groceries, up to AED 300 a month.
Online spends
- SIB Cashback — 10% back on online and digital-wallet spends, up to AED 300 a month.
- Emirates Islamic Flex Elite — 2.5% back on online spends, up to AED 500 a month.
One card for both
- Liv Cashback Plus — flat cashback on everything, groceries and online included: 1% up to AED 7,000 of monthly spend, 2% from AED 7,000, and 4% once you spend AED 15,000+ a month, up to AED 1,500 cashback a month. For heavy spenders it clears the new ULTRACASH caps comfortably.
- Liv Cashback — a lighter version earning up to 2% flat, with a lower fee.
Run your own numbers in the calculator to see which card wins on your actual monthly spend.
What to do
- Check your statements. If you rarely spend above AED 2,000 a month on groceries or online, nothing changes for you.
- Split heavy spend. Once you hit the new AED 100 cap, put extra supermarket or online spend on a second cashback card.
- Compare before you switch. Review the full Ajman Bank ULTRACASH details or compare cards side by side to see what fits your spending.
The ULTRACASH card still earns 5% across fuel, supermarket, online and school fees, carries a AED 300 annual fee with no joining fee, and needs a AED 10,000 minimum salary — so it remains a strong everyday cashback option, just with a lower ceiling on two categories.
Kredit provides informational content only and does not offer financial advice. We do not guarantee accuracy and recommend consulting a licensed financial professional before making decisions.
