CBD Super Saver Visa Signature Credit Card Review

The CBD Super Saver Visa Signature Credit Card stands out as one of the UAE’s premier cashback credit cards, offering substantial rewards on everyday spending categories. With a host of lifestyle benefits and no annual fee for the first year, this card is designed to maximize savings for cardholders.

Card Benefits

First Year Free:

• There is no annual fee for the first year. However, in the second year, the annual fee is AED 400.

Generous Cashback Rates:

• Save on on everyday spending. Earn up to 10% cashback across various categories, each capped at AED 150. These categories include:
  • Bills: Payments for telecom and utilities.
  • Education: Fees for schools, colleges, and universities.
  • Supermarkets: Grocery shopping.
  • Transport: Fuel expenses.

 

Lifestyle Benefits

• Cinema Discounts: Enjoy a 50% discount on tickets at VOX and Reel cinemas, enhancing your entertainment experience.
• Valet Parking: Complimentary valet parking service at over 30 locations, adding convenience to your outings.
• Global Airport Lounge Access: Free access to over 1,000 airport lounges worldwide, providing comfort during your travels.
• Travel Insurance: Comprehensive multi-trip travel insurance with coverage up to USD 500,000, ensuring peace of mind during your trips.
• Additional Lifestyle, Dining, and Travel Benefits: Explore other exclusive benefits tailored to enhance your lifestyle.

Financial Flexibility

• Easy Payment Plans: Convert large purchases into manageable monthly installments at 0% interest.
• Balance Transfer: Transfer existing credit card balances at competitive rates, making debt management easier.
• Quick Cash: Access cash quickly up to your credit limit with favorable repayment terms.

Annual Fee

• Free for the First Year: Enjoy the card without any charges in the first year.
• Second Year Onwards: AED 400 annual fee, waived if conditions are met.
• Supplementary Cards: No annual fees on supplementary cards, making it easy to extend benefits to family members.

Eligibility Criteria

• Age: Applicants must be between 21 and 63 years old.
• Salary: Minimum monthly salary requirement of AED 5,000.

Pros and Cons of the Super Saver Visa Signature Credit Card

Pros:

1. High Cashback Rates:
   • Up to 10% cashback on essential everyday spending categories such as bills, education, groceries, and fuel.
   • Each category has a fixed cashback cap of AED 150, providing substantial savings.
2. First Year Free:
   • No annual fee for the first year, making it an attractive option for new cardholders.
3. Cinema Discounts:
   • Half price cinema tickets at VOX and Reel cinemas, enhancing entertainment value.
4. Valet Parking:
   • Complimentary valet parking services at over 30 locations, offering convenience.
5. Global Airport Lounge Access:
   • Over 1,000 airport lounges worldwide free to use, enhancing you travel comfort.
6. Comprehensive Travel Insurance:
   • Multi-trip travel insurance with coverage up to USD 500,000, ensuring peace of mind during travel.
7. Flexible Payment Options:
   • 0% Easy Payment Plan, balance transfer, and quick cash options available at competitive rates.
8. Supplementary Cards:
   • No annual fees on supplementary cards, allowing family members to benefit from the card’s perks.
9. Low Eligibility Criteria:
   • Relatively low minimum salary requirement of AED 5,000, making it accessible to a wider audience.

Cons:

1. Annual Fee After First Year:
   • AED 400 annual fee from the second year onwards, which might deter some cardholders.
2. Cashback Cap:
   • Cashback is capped at AED 150 per category, limiting the total cashback that can be earned.
3. High Spending Requirement for Maximum Benefits:
   • To maximize cashback and benefits, significant spending in specific categories is required.
4. Eligibility Age Range:
   • Age criteria of 21 to 63 years may exclude potential cardholders outside this range.
5. Limited Information on Redemption:
   • Details on the process and options for redeeming cashback might be less transparent.
6. No Specialized Reward Points Program:
   • Unlike some other cards that offer reward points for various types of spending, this card focuses primarily on cashback.

Point-by-Point Comparison: Super Saver Visa Signature Credit Card vs. Similar Rival Cards

Cashback Rates and Categories:

• Super Saver Visa Signature Credit Card:
  • Bills: When you pay your bills receive up to 10% cashback (maximum of AED 150 per month)
  • Education: Get up to 10% cashback (maximum of AED 150 per month)
  • Supermarkets: Up to 10% cashback (maximum of AED 150 per month)
  • Fuel: When you fill your car receive up to 10% cashback (maximum of AED 150 per month)
• ADCB LuLu Platinum Credit Card:
  • Supermarkets (LuLu): Up to 2.25% cashback
  • Fuel: 2% cashback
  • Other Spends: 1% cashback
• Mashreq Platinum Elite Credit Card:
  • Fuel: 10% cashback
  • Groceries: 5% cashback
  • Utilities: 5% cashback
  • Other Spends: 1% cashback
• HSBC Platinum Select Credit Card:
  • Fuel: 10% cashback
  • Groceries: 3% cashback
  • Utilities: 3% cashback
  • Other Spends: 0.5% cashback

Welcome Bonus:

• Super Saver Visa Signature Credit Card:
  • AED 200 welcome bonus in the form of 20,000 Yes Rewards Points.
• ADCB LuLu Platinum Credit Card:
  • AED 300 LuLu vouchers upon spending AED 5,000 in the first 90 days.
• Mashreq Platinum Elite Credit Card:
  • 5% cashback on retail spends for the first 90 days, up to AED 500.
• HSBC Platinum Select Credit Card:
  • AED 200 cashback on first spend.

Annual Fee:

• Super Saver Visa Signature Credit Card:
  • get the first year free with no annual fee.
  • Annual fee of AED 400 from the second year onwards.
  • Supplementary cards are free.
• ADCB LuLu Platinum Credit Card:
  • Annual fee is AED 525 (But free when you spend AED 30,000 or more).
• Mashreq Platinum Elite Credit Card:
  • The annual fee of AED 650 is waived when you spend of AED 25,000 or more(ie free).
• HSBC Platinum Select Credit Card:
  • Annual fee is AED 299 (But free in the first year).

Cinema Discounts:

• Super Saver Visa Signature Credit Card:
  • 50% discount on tickets at VOX and Reel cinemas.
• ADCB LuLu Platinum Credit Card:
  • No cinema discounts.
• Mashreq Platinum Elite Credit Card:
  • 50% discount on tickets at VOX Cinemas.
• HSBC Platinum Select Credit Card:
  • No cinema discounts.

Valet Parking:

• Super Saver Visa Signature Credit Card:
  • Complimentary valet parking service at over 30 locations.
• ADCB LuLu Platinum Credit Card:
  • No valet parking benefits.
• Mashreq Platinum Elite Credit Card:
  • Complimentary valet parking at select locations.
• HSBC Platinum Select Credit Card:
  • No valet parking benefits.

Travel Insurance:

• Super Saver Visa Signature Credit Card:
  • Multi-trip travel insurance with coverage up to USD 500,000.
• ADCB LuLu Platinum Credit Card:
  • Travel insurance coverage available.
• Mashreq Platinum Elite Credit Card:
  • Comprehensive travel insurance.
• HSBC Platinum Select Credit Card:
  • Travel accident and inconvenience insurance.

Flexible Payment Choices:

Super Saver Visa Signature Credit Card:

• Take advantage of a 0% Easy Payment Plan, along with balance transfer and quick cash options.

ADCB LuLu Platinum Credit Card:

• Access convenient balance transfer options.

Mashreq Platinum Elite Credit Card:

• Enjoy balance transfer and cash on call facilities.

HSBC Platinum Select Credit Card:

• Use balance transfer and cash on call services.

Eligibility Criteria:

• Super Saver Visa Signature Credit Card:
  • Age: 21 to 63 years.
  • Salary: Minimum AED 5,000 per month.
• ADCB LuLu Platinum Credit Card:
  • Age: Minimum 21 years.
  • Salary: Minimum AED 5,000 per month.
• Mashreq Platinum Elite Credit Card:
  • Age: Minimum 21 years.
  • Salary: Minimum AED 10,000 per month.
• HSBC Platinum Select Credit Card:
  • Age: Minimum 21 years.
  • Salary: Minimum AED 10,000 per month.

How does the CBD Super Saver Credit Card Stack up?

The CBD Super Saver Visa Signature Credit Card excels in providing high cashback rates on everyday essential categories such as bills, education, groceries, and fuel. It also offers a strong package of lifestyle benefits including cinema discounts, valet parking, and airport lounge access. While it has a relatively low annual fee that starts from the second year, the card’s benefits are most attractive for those who can maximize their spending in the specified categories. Compared to its rivals, the Super Saver Visa Signature Credit Card stands out for its comprehensive cashback and lifestyle benefits, making it a top choice for individuals looking to optimize their daily spending and lifestyle perks.

Summary

The CBD Super Saver Visa Signature Credit Card is a top choice for those looking to maximize their cashback on essential spending categories. With up to 10% cashback on bills, education, groceries, and fuel, this card offers significant savings. Additional benefits like cinema discounts, valet parking, global lounge access, and comprehensive travel insurance enhance its value. The card is free for the first year, with a reasonable annual fee from the second year onwards. Ideal for individuals with a monthly salary of AED 5,000 or more, this card provides a well-rounded package of rewards and lifestyle benefits.

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