The DIB Consumer Cashback Reward Card is designed to provide everyday convenience combined with substantial savings. With up to 3% cashback on a wide range of purchases, this card ensures you get the most out of your spending, whether you’re shopping for groceries, paying bills, or refueling your car. Here’s a detailed look at what makes this card a standout choice for savvy spenders.
Key Features and Benefits
Earn Guaranteed Cashback
The DIB Consumer Cashback Reward Card offers guaranteed cashback on everyday purchases, making your routine expenses more rewarding. Here’s how you can earn:
- Supermarket & Hypermarket Purchases: Earn 3% cashback, up to AED 300 monthly.
- Automobile Servicing: Earn 3% cashback, up to AED 300 monthly.
- Etisalat & Du Bill Payments: Earn 3% cashback, up to AED 100 monthly.
- Fuel Spends: Earn 3% cashback, up to AED 100 monthly.
- Utility Bills: Earn 3% cashback, up to AED 100 monthly.
- Salik and Nol Recharges: Earn 3% cashback, up to AED 25 monthly.
- School Fees: Earn 3% cashback, up to AED 300 monthly.
Start Saving Instantly
With the DIB Consumer Cashback Reward Card, you can start saving from day one. There’s no minimum saving cap, so you can earn cashback as soon as you start using your card at qualified merchants. This feature allows you to maximize your savings every month, making it an excellent tool for budget-conscious consumers.
Wide Range of Cashback Opportunities
The card offers cashback not only on typical everyday expenses but also on specialized categories such as:
- Bill Payments
- NOL and Salik Recharges
- Refueling
- School Fees
This broad range of cashback opportunities ensures that you can save on various aspects of your daily life, adding significant value to your overall spending.
Comprehensive Insurance Coverage
Travel with peace of mind knowing that the Consumer Cashback Reward Card includes extensive travel and personal accident insurance coverage:
- Personal Accident Insurance: Personal injury cover for up to $100,000.
- Emergency Medical Insurance: Get health insurance up to $100,000.
- Emergency Dental Coverage: Up to $500.
- Missed Departure/Cancellation: Up to $1,000.
- Trip Delay: Up to $1,000 for delays exceeding 4 hours.
- Baggage Delays: If your luggage is late, get up to $1,000 for delays exceeding 4 hours.
- Baggage Loss: Up to $3,000.
- Loss of Money: Up to $375.
- Personal Liability: Up to $60,000.
Simply purchase your travel tickets with the card to be automatically enrolled in these benefits, ensuring you and your family are covered during your trips.
Additional Benefits
- Roadside Assistance: Enjoy the peace of mind with additional roadside assistance services available for an upgrade fee.
- Flexible Redemption Options: Use your cashback for direct savings or redeem it in various ways to suit your preferences.
Pros and Cons of the DIB Consumer Cashback Reward Card
Pros:
- Generous Cashback on Supermarkets and Hypermarkets: Earn 3% cashback on grocery purchases.
- Cashback on Automobile Servicing: Receive 3% cashback on car maintenance expenses.
- Cashback on Bill Payments: Earn 3% cashback when you use your card to pay Etisalat and Du bills.
- Cashback on Fuel: Enjoy 3% cashback on fuel purchases.
- Cashback on Utilities: Earn 3% cashback on household bills.
- Cashback on Salik and Nol Recharges: Receive 3% cashback on transport recharges.
- Cashback on School Fees: Get 3% cashback on school fees.
- No Minimum Saving Cap: Start earning cashback from day one with no minimum spend required.
- Comprehensive Insurance Coverage: Includes travel and personal accident insurance up to USD 100,000.
- Wide Range of Cashback Categories: Save on various everyday expenses.
- Additional Roadside Assistance: Option for extra roadside assistance services.
- Flexible Redemption Options: Redeem cashback for direct savings or other options.
Cons:
- Monthly Cashback Limits: Capped cashback in specific categories such as AED 100 for fuel and utilities.
- Annual Fee: Has an annual fee of AED 157.50
- Limited High-Cashback Categories: Only specific categories offer 3% cashback.
- No Cashback on Certain Transactions: No cashback on utility and government bill transactions made through DIB platforms.
- Upgrade Fee for Additional Services: Extra roadside assistance requires an upgrade fee.
- Eligibility Criteria: May have strict income or credit score requirements for approval
Comparison of Consumer Cashback Reward Card with Similar Rival Cards in the UAE
| Feature/Benefit | Consumer Cashback Reward Card | Emirates NBD LuLu Platinum Card | ADCB SimplyLife Cashback Card | FAB Cashback Credit Card |
|---|---|---|---|---|
| Annual Fee | AED 300 (waived on high spend) | AED 400 (waived on high spend) | AED 300 (waived on high spend) | AED 315 (waived on high spend) |
| Welcome Bonus | AED 500 cashback (on AED 5,000 spend) | AED 500 LuLu vouchers (on AED 5,000 spend) | AED 300 cashback (on AED 5,000 spend) | AED 500 cashback (on AED 5,000 spend) |
| Cashback on Supermarkets | 3% | 3% at LuLu Hypermarkets | 1.5% on all groceries | 5% at supermarkets |
| Cashback on Fuel | 3% | 2% | 2% | 2% |
| Cashback on Utilities and Telecom | 3% | 1% | 1% | 1% |
| Cashback on Automobile Servicing | 3% | 0% | 0% | 0% |
| Cashback on School Fees | 3% | 0% | 0% | 0% |
| Cashback on Salik and Nol Recharges | 3% | 0% | 0% | 0% |
| Airport Lounge Access | Yes | No | No | Yes |
| Travel Insurance | Yes | No | No | Yes |
| Purchase Protection | Yes | No | Yes | Yes |
| Extended Warranty | Yes | No | No | No |
| Balance Transfer Facility | Yes | Yes | Yes | Yes |
| Interest-Free Days | Up to 55 days | Up to 55 days | Up to 55 days | Up to 55 days |
| Easy Payment Plans | Yes | Yes | Yes | Yes |
Summary
The Consumer Cashback Reward Card offers a robust range of benefits tailored to maximize everyday savings, particularly excelling with its 3% cashback on a variety of essential categories such as groceries, fuel, utilities, automobile servicing, and school fees. This makes it a more versatile option compared to rivals like the Emirates NBD LuLu Platinum Card, which focuses cashback primarily on LuLu Hypermarkets, and the ADCB SimplyLife Cashback Card, which provides lower cashback rates across fewer categories. Additionally, the Consumer Cashback Reward Card includes premium perks like airport lounge access, travel insurance, and purchase protection, features that are not universally available with its competitors. While it does have an annual fee and capped cashback in specific categories, its broader range of high-cashback opportunities and comprehensive benefits make it a superior choice for those looking to maximize savings on everyday expenses.
Final Thoughts
The DIB Consumer Cashback Reward Card is an excellent choice for those looking to maximize their savings on everyday purchases. With up to 3% cashback on a wide range of spending categories, from groceries to school fees, this card ensures that your routine expenses are rewarding. The added benefits of comprehensive travel and personal accident insurance make it a well-rounded option for both everyday use and travel needs.
Whether you’re a frequent shopper, a commuter, or someone who values financial benefits, the Consumer Cashback Reward Card offers a versatile solution to meet your needs. Start saving instantly and enjoy the convenience and security that comes with this feature-packed card.