SIB Cashback Credit Card

Yes, AED 199, but it's free for the first year. After that, the fee is waived if your annual spend exceeds AED 10,000; otherwise the AED 199 applies the following year. There's no joining fee on this card.

You earn 10% cashback, capped at AED 300 per month, on purchases made with saved cards on websites and apps, Samsung Wallet, and Apple Pay, both locally and internationally. On top of that, there's unlimited 2% cashback on international retail spends outside the UAE, and unlimited 1% cashback on domestic retail spends that don't fall under the online or specific-merchant categories.

No. Spending on education, government services, utilities, supermarkets, fuel, real estate, quick service restaurants, insurance, auto dealers, public transport, road tolls/Salik, and charities earns only 0.5% cashback. Purchases settled in European Economic Area currencies such as EUR, SEK, DKK, NOK, PLN, or CHF earn just 0.3%.

You need to be at least 21 years old with a minimum monthly salary of AED 5,000 if your salary is transferred to SIB, or AED 8,000 if it isn't. No minimum credit limit is specified for this card.

The card includes free unlimited access to over 10 airport lounges across the UAE, KSA, Jordan, Kuwait, and Egypt via the Mastercard Travel Pass app. Separately, if your flight is delayed by 1 hour or more, you can also register for complimentary access to 1,300+ lounges in 135+ countries — registration must be completed at least 24 hours in advance in the Mastercard Travel Pass app.

Supplementary cards are free. Card replacement costs AED 78.75, and late payments carry a AED 236.25 fee that's donated to charity. Cash withdrawals cost the higher of AED 103.95 or 3.5% of the amount withdrawn, and foreign currency transactions carry a 2.5% fee, excluding Mastercard fees.

Instead of conventional interest, SIB applies a Monthly Profit Rate of 3.49% (41.88% per annum) on outstanding balances under the Sharia-compliant Murabaha/Wakala structure — SIB's equivalent of conventional interest.

Redeem via the SIB Digital app or the call center, with a minimum of AED 100 to redeem. Cashback posts as a statement credit but does not offset your minimum payment due, and unredeemed cashback expires 36 months after it's earned.