The DIB Prime Platinum Card is designed to provide exclusive banking privileges tailored to meet your needs. From extensive travel and insurance benefits to a safer and more rewarding shopping experience, this card offers a range of features that enhance your everyday life.
Key Features and Benefits
Visa Luxury Hotels
As a Prime Platinum cardholder, you gain access to the Visa Luxury Hotel Collection, which includes benefits such as:
- Best Rates: Access the best available rates at luxury hotels worldwide.
- Room Upgrades: Enjoy complimentary room upgrades when available.
- Late Check-Out: Benefit from extended check-out times to make your stay more convenient.
- Exclusive Offers: Receive additional perks and exclusive offers at select luxury hotels.
Wala’a Rewards
The Prime Platinum Card gets you into the DIB loyalty program, Wala’a Rewards, instantly. Start saving the moment you start spending:
- Earn 2.0 Wala’a Rewards for every AED 1 spent on shopping.
- Earn 2.2 Wala’a Rewards for every AED spent in foreign currency on shopping.
- Use Your Rewards: Trade your Wala’a Rewards for flight tickets, hotel stays, shopping, bill payments, and more.
Warning: Purchases in EU countries won’t earn Wala’a Rewards. Starting January 1, 2024, you’ll get 0.2 Wala’a Rewards for every AED 1 you spend on groceries, phone bills, school fees, gas, and government services (including utilities). And you don’t get Wala’a rewards for paying utility and government bills through DIB.
Purchase Protection
Shop worry-free, knowing your purchases are protected:
- Theft and Damage Protection: Coverage up to USD 3,000 per occurrence for items purchased with your Prime Platinum Card, whether locally or internationally.
Travel and Personal Accident Insurance
The Prime Platinum Card ensures comprehensive coverage for you and your family when traveling:
- Personal Accident Benefits: Get coverage up to $100,000.
- Emergency Medical Expenses: Coverage up to $100,000.
- Emergency Dental: Up to $500.
- Missed Departure/Cancellation: Up to $1,000.
- Trip Delay: Up to $1,000 for delays over 4 hours.
- Baggage Delay: Up to $1,000 for delays over 4 hours.
- Baggage Loss: Up to $3,000.
- Loss of Money: Up to $375.
- Personal Liability: Up to $60,000.
Roadside Assistance
Enjoy peace of mind with comprehensive roadside assistance services included with your card:
- Unlimited Help: Get assistance anytime you need it.
- Towing and Car Service: Includes pick-up and drop-off for your vehicle.
- Battery Jump and Flat Tire Fix: Keep moving with our help.
- Lock-Out and Fuel Assistance: Get help when you’re stuck or out of gas.
- Off-Road and Long-Distance Towing: Coverage for all driving situations.
- Free International Driving License: Available for cardholders.
Credit Shield Takaful
Guard against money problems with Credit Shield Takaful for a fee of 0.94% of your card balance:
- Lose your job?: You’re covered up to AED 30,000.
- Permanent Total Disability: Coverage up to AED 200,000.
- Death: Coverage up to AED 200,000.
Card Protection Plus
A handy feature that boosts your card security by letting you:
- Set Security Preferences: Determine the types of transactions your card can be used for.
- Set Financial Limits and Location Restrictions: Control spending and geographic usage.
Balance Transfer Facility
Easily manage your money with balance transfers available online, through mobile banking, or at Banking Express Terminals:
- Use Up to 80% of Your Card Limit: Or 100% of the available cash limit.
- Multiple Transfers: Do as many balance transfers as you need without paperwork.
- Quick Transfers: Completed in 1 to 3 business days.
- Flexible Amounts: Transfer as little as AED 100 or up to AED 250,000
Cash Withdrawals
Access cash conveniently with high withdrawal limits:
- Up to 80% of Total Card Limit: Provides flexibility for cash needs.
- Cash Transfer: Move money between your card and your Dubai Islamic Bank account.
Pros and Cons of the DIB Prime Platinum Card
Pros:
- Generous Wala’a Rewards: Earn 2.0 Wala’a Rewards per AED 1 on retail spends and 2.2 Wala’a Rewards per AED equivalent on foreign currency spends.
- Extensive Redemption Options: Redeem rewards for flights, hotels, retail purchases, and bill payments.
- Exclusive Visa Luxury Hotels Benefits: Access best rates, upgrades, and late check-out at luxury hotels worldwide.
- Purchase Protection: Theft and damage coverage up to USD 3,000 per occurrence.
- Comprehensive Travel Insurance: Personal accident benefits up to USD 100,000 and extensive coverage for medical expenses, trip delays, and baggage loss.
- Unlimited Roadside Assistance: Includes towing, battery boost, flat tyre fixing, and more.
- Balance Transfer Facility: Easy transfers with high limits and no documentation required.
- High Cash Withdrawal Limits: Up to 80% of the total card limit.
- Credit Shield Takaful: Insurance in case you die, get disabled or lose your job.
Cons:
- Low Rewards on Some Purchases: Earn 0.2 Wala’a Rewards for every AED 1 spent on groceries, phone bills, school stuff, fuel, and government services.
- No Rewards in the EU: Purchases in EU countries don’t earn Wala’a Rewards.
- Credit Shield Takaful Fee: Pay 0.94% of your card’s outstanding balance yearly.
- Monthly Spending Requirement: Spend at least AED 5,000 each month to keep the free offers.
- Personal Use Only: Using the card for business or work might get it restricted or canceled.
Comparison of DIB Prime Platinum Card with Similar Rival Cards in the UAE
| Feature/Benefit | DIB Prime Platinum Card | Emirates NBD LuLu Platinum Card | ADCB SimplyLife Platinum Card | FAB Platinum Credit Card |
|---|---|---|---|---|
| Annual Fee | AED 525 (waived on high spend) | AED 400 (waived on high spend) | AED 315 (waived on high spend) | AED 315 (waived on high spend) |
| Welcome Bonus | Up to 20,000 Wala’a Rewards | AED 500 LuLu vouchers | AED 300 cashback | AED 500 cashback |
| Rewards Rate on Local Spend | 2.0 Wala’a Rewards/AED 1 | 3% cashback at LuLu Hypermarkets | 1.5% cashback on all purchases | 1 FAB Reward/AED 1 |
| Rewards Rate on Foreign Spend | 2.2 Wala’a Rewards/AED equivalent | 1.5% cashback on international spends | 2% cashback on international spends | 2 FAB Rewards/USD 1 |
| Rewards Rate on Specific Categories | 0.2 Wala’a Rewards/AED 1 | 1% cashback on other categories | 1% cashback on other categories | 1 FAB Reward/AED 1 |
| Airport Lounge Access | Unlimited access worldwide | 10 visits/year | 6 visits/year | 8 visits/year |
| Valet Parking | Free valet parking | No | No | 4 times/month |
| Roadside Assistance | Comprehensive services included | No | Included | Included |
| Travel Insurance | Personal accident up to USD 100,000 | No | Up to USD 500,000 | Up to USD 500,000 |
| Concierge Services | 24/7 personalized services | No | 24/7 personalized services | 24/7 personalized services |
| Purchase Protection | Up to USD 3,000 per occurrence | No | Yes | Yes |
| Extended Warranty | Yes | No | No | Yes |
| Balance Transfer Facility | Yes | Yes | Yes | Yes |
| Credit Shield Takaful | Yes (0.94% of card outstanding) | No | Yes | Yes |
Summary
The DIB Prime Platinum Card stands out among its rivals with its generous Wala’a Rewards program, particularly excelling with its rewards on local and foreign currency spends. Unlike the Emirates NBD LuLu Platinum Card, which focuses primarily on LuLu Hypermarkets, and the ADCB SimplyLife Platinum Card, which offers lower cashback rates, the DIB Prime Platinum Card provides broader rewards and extensive redemption options. Additionally, it includes premium benefits such as unlimited airport lounge access, comprehensive roadside assistance, and robust travel insurance, features not universally available with its competitors. Despite having a higher annual fee, the extensive perks and higher general rewards rates make the DIB Prime Platinum Card a superior choice for those seeking a comprehensive and rewarding credit card experience in the UAE.
Conclusion
The DIB Prime Platinum Card offers a comprehensive suite of benefits designed to enhance your lifestyle. With exclusive travel perks, extensive rewards, robust purchase protection, and comprehensive insurance coverage, this card is an excellent choice for those seeking premium banking privileges. Whether you’re traveling, shopping, or managing your finances, the Prime Platinum Card provides the services and security you need to enjoy a stress-free and rewarding experience.
Official info HERE