The CBD Yes Rewards Credit Card is designed to offer significant savings on fuel purchases and more at ENOC & EPPCO service stations. With a range of attractive benefits, this card promises to enhance your everyday spending while providing various lifestyle perks.
Top Features
- Fuel Savings: Save up to 15% in Yes Points on all your ENOC and EPPCO service station spends, including fuel, Zoom purchases, Autopro, and Pronto.
- Welcome Bonus: Receive AED 200 in the form of 20,000 Yes Rewards Points upon card activation.
- Annual Fee: Free for life, with no annual fees subject to an annual spend of AED 12,000.
- Cinema Discounts: Half price tickets when you visit Vox, Reel, and Novo cinemas.
Benefits and Rewards
- Yes Rewards Points:
- Fuel Rewards: Earn up to 15% back in Yes Points on purchases at ENOC and EPPCO.
- Other Purchases: You get up to 1% back in Yes Points for non fuel purchases.
- Monthly Spend Tiers:
- AED 0-2,499: 3% back on fuel (up to 7,500 Yes Points).
- AED 2,500-9,999: 10% back on fuel (up to 12,500 Yes Points).
- AED 10,000+: 15% back on fuel (up to 17,500 Yes Points).
- Balance Transfer: Transfer your balance to CBD at competitive interest rates.
- Cash on Call: Access up to 90% of your credit limit as cash and repay in monthly installments over 3 to 36 months.
- Easy Installment Plan: Convert large purchases into monthly installments at 0% interest.
Lifestyle Benefits
- Golf Benefits: 4 complimentary rounds of golf at Trump International Golf Club each month with a minimum spend of AED 7,500.
- Valet Parking: 2 complimentary valet parking services each month at over 30 locations.
- Airport Lounge Access: Free use of over 1,000 airport lounges. The first visit each year is free, and all other visits, you just spend $1.
- Travel Insurance: Automatic coverage for travel accidents and inconveniences on trips up to 90 days.
- Extended Warranty: Twice the warranty making it twice as long, up to one year.
- Safeguard Your Purchases: Insurance coverage for theft or damage of your items.
Discounts and Savings
- Emaar Attractions:
- Save 20% entrance fees to KidZania®, E-Kart Zabeel, Dubai Aquarium, and Underwater Zoo Penguin Cove and Nursery experience.
- Save 20% on The Storm Coaster at Dubai Hills Mall.
- Enjoy 20% Off Admission feess at Dubai Ice Rink.
- Save 20% entrance fee to Zabeel Sports District (except badminton games).
- Play DXB Bonus Credits: Earn bonus credits when purchasing credits using your CBD Credit Card.
Additional Information
- Eligibility: Salaried individuals need a minimum salary of AED 5,000. If you’re self-employed you need to provide a valid trade license.
- Application: Apply instantly through the CBD Mobile App using your Emirates ID.
Pros and Cons of the CBD Yes Rewards Credit Card
Pros:
- Significant Fuel Savings: Up to 15% in Yes Points when you shop at ENOC and EPPCO service station including fuel, Zoom purchases, Autopro, and Pronto.
- Generous Welcome Bonus: AED 200 (20,000 Yes Rewards Points) awarded upon card activation.
- No Annual Fee: Free for life, subject to an annual spend of AED 12,000.
- Cinema Discounts: Half price cinema tickets at Vox, Reel, and Novo cinemas.
- Extensive Lifestyle Benefits:
- Complimentary golf rounds, valet parking, and airport lounge access.
- Various discounts at Emaar attractions and other lifestyle offers.
- Travel and Purchase Protections: Multi-trip travel insurance, extended warranty, and purchase protection.
- Comprehensive Coverage: Multi-trip travel insurance, extended warranties, and purchase protection.
- Flexible Payment Options: Balance transfer, cash on call, and easy installment plans.
- Hassle-Free Application: Apply quickly and effortlessly on the CBD Mobile App using your Emirates ID.
Cons:
Spending Requirements: Significant monthly spending needed to unlock certain perks (e.g., AED 7,500 for golf benefits, AED 5,000 for cinema and valet parking).
Rewards Caps: Monthly limits on Yes Points earnings, restricting the total amount of rewards you can accumulate.
Limited Redemption Options: Yes Points can mostly be redeemed for specific categories such as fuel, Emaar attractions, and cinema tickets, which may not suit everyone’s preferences.
Conditional Lounge Access: Only the first lounge visit each year is complimentary; additional visits require an international spend of USD 1.
Eligibility Criteria:Minimum salary requirement of AED 5,000 for salaried individuals, which might be restrictive for some applicants.
Annual Spend Requirement for Fee Waiver: An annual spend of AED 12,000 is necessary to maintain the free-for-life status, which may be challenging for some cardholders.
On Balance
The CBD Yes Rewards Credit Card offers substantial savings on fuel and various lifestyle benefits, making it attractive for frequent drivers and those who enjoy leisure activities. However, its benefits are tied to significant spending requirements and specific redemption options, which may not suit all users.
How does the CBD Yes Rewards Credit Card Stack up Against Rival Cards
Fuel Savings:
- CBD Yes Rewards Credit Card: Earn up to 15% Yes Points on your purchases at ENOC and EPPCO service stations.
- ADCB LuLu Platinum Credit Card: Get 2% cashback back when you fill your car.
- Mashreq Platinum Elite Credit Card: 10% cashback on fuel spends at any station in the UAE.
- HSBC Platinum Select Credit Card: 10% cashback on fuel purchases.
Welcome Bonus:
- CBD Yes Rewards Credit Card: AED 200 in Yes Rewards Points (20,000 points) upon card activation.
- 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:
- CBD Yes Rewards Credit Card: Free for life (subject to AED 12,000 annual spend).
- ADCB LuLu Platinum Credit Card: AED 525 (waived with annual spend of AED 30,000).
- Mashreq Platinum Elite Credit Card: AED 650 (waived with annual spend of AED 25,000).
- HSBC Platinum Select Credit Card: AED 299 (waived first year).
Cinema Discounts:
- CBD Yes Rewards Credit Card: Half price cinema tickets whe you visit Vox, Reel, and Novo cinemas.
- ADCB LuLu Platinum Credit Card: No cinema discounts.
- Mashreq Platinum Elite Credit Card: Half price Movie Tickets at VOX Cinemas.
- HSBC Platinum Select Credit Card: No cinema discounts.
Golf Benefits:
- CBD Yes Rewards Credit Card: 4 complimentary rounds at Trump International Golf Club (with AED 7,500 spend).
- ADCB LuLu Platinum Credit Card: No golf benefits.
- Mashreq Platinum Elite Credit Card: Complimentary golf access at select courses in the UAE.
- HSBC Platinum Select Credit Card: Complimentary golf access at select courses.
Valet Parking:
- CBD Yes Rewards Credit Card:
Valet Parking:
- CBD Yes Rewards Credit Card: 2 complimentary valet parking services per month at over 30 locations (with AED 5,000 monthly spend).
- 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.
Airport Lounge Access:
- CBD Yes Rewards Credit Card: Complimentary access to over 1,000 lounges worldwide, with the first visit free and subsequent visits requiring an international spend of USD 1.
- ADCB LuLu Platinum Credit Card: 10 complimentary lounge visits per year.
- Mashreq Platinum Elite Credit Card: Unlimited complimentary access to over 900 lounges worldwide.
- HSBC Platinum Select Credit Card: 12 complimentary lounge visits per year.
Travel Insurance:
- CBD Yes Rewards Credit Card: Multi-trip travel insurance covering 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.
Extended Warranty and Purchase Protection:
- CBD Yes Rewards Credit Card: Doubles the original manufacturer’s warranty up to one year and provides purchase protection against theft or damage.
- ADCB LuLu Platinum Credit Card: Purchase protection and extended warranty.
- Mashreq Platinum Elite Credit Card: Purchase protection and extended warranty.
- HSBC Platinum Select Credit Card: Purchase protection and extended warranty.
Balance Transfer and Cash on Call:
- CBD Yes Rewards Credit Card: Balance transfer at competitive interest rates and cash on call up to 90% of the credit limit.
- ADCB LuLu Platinum Credit Card: Balance transfer options available.
- Mashreq Platinum Elite Credit Card: Balance transfer and cash on call options available.
- HSBC Platinum Select Credit Card: Balance transfer and cash on call options available.
Other Discounts and Savings:
- CBD Yes Rewards Credit Card:
- 20% discount at various Emaar attractions.
- Bonus credits at Play DXB.
- ADCB LuLu Platinum Credit Card:
- Discounts at LuLu Hypermarkets.
- Dining discounts.
- Mashreq Platinum Elite Credit Card:
- Discounts on dining and lifestyle offers.
- Cashback on groceries.
- HSBC Platinum Select Credit Card:
- Discounts on dining and lifestyle offers.
To Sum up
The CBD Yes Rewards Credit Card is highly beneficial for those who frequently spend on fuel and enjoy cinema and lifestyle benefits. Compared to its competitors, it offers superior fuel savings and significant cinema discounts, along with a free-for-life status under certain conditions. However, its benefits are tied to specific spending requirements and categories. Other cards like the Mashreq Platinum Elite Credit Card and the HSBC Platinum Select Credit Card may offer more comprehensive lounge access and diverse cashback options, making them suitable for broader spending needs.
Conclusion
The CBD Yes Rewards Credit Card is ideal for those looking to save on fuel and enjoy various lifestyle benefits. With significant savings on fuel purchases, a generous welcome bonus, and a range of additional perks including cinema discounts, complimentary golf rounds, and travel insurance, this card offers exceptional value. Its free-for-life status (subject to conditions) and ease of application make it a compelling choice for UAE residents.