The DIB SHAMS Platinum Credit Card is designed to offer a blend of luxury, convenience, and exceptional rewards, making it an ideal choice for those who seek more from their credit card. With attractive cashback options, complimentary services, and extensive rewards, this card promises to enhance your lifestyle and provide great value.
Key Features and Benefits
Great Rewards on Dining and Travel
- 5% Cashback on Dining: Earn 5% back every time you eat at a cafe, restaurant, or fast-food place. That’s 10 Wala’a rewards for every AED 1 you spend, up to 10,000 rewards per month. Perfect for food lovers who eat out a lot.
- 5% Cashback on Hotels/Flights: Book a flight or hotel with this card and get 5% back when you book flights or hotels. You earn 10 Wala’a rewards for every AED 1 spent, with a cap of 15,000 rewards per month. Awesome for frequent travelers.
Lucrative Introductory Offers
For new cardholders, the DIB SHAMS Platinum Credit Card comes with enticing introductory offers:
- Welcome Bonus: Earn up to 100,000 Bonus Wala’a rewards (worth up to AED 500) by spending USD 10,000 in the first 90 days. This big welcome bonus is a great reason to start using the card right away.
- 20% Cashback on Select Merchants: Get 20% cashback when you shop at popular places like Amazon, Deliveroo, Dubai Now, Noon, and Talabat for the first three months. Earn up to AED 20 cashback when you shop at chosen merchants every month, for a possible ttoal of AED 360 while the offer lasts.
Extensive Rewards Program
The card’s rewards program ensures you earn Wala’a rewards on a wide variety of spending categories, enhancing your overall earning potential:
Spend Category | Wala’a Rewards (Per AED 1) |
---|---|
Dining | 10 |
Travel | 10 |
International Spends (Non-AED) | 3 |
European Economic Area (EEA) | 0.4 |
Domestic Spends (AED) | 2.5 |
Utilities, etc. | 0.4 |
This structure ensures that you benefit from everyday purchases as well as special expenditures.
Premium Perks and Services
The DIB SHAMS Platinum Credit Card has a range of special benefits to ease the costs of leisure activities.
- Complimentary Valet Parking: Avail up to two complimentary valet parking services per month at key locations across the UAE, making parking hassle-free.
- Complimentary Airport Transfers: Enjoy two complimentary airport transfers per annum from Abu Dhabi, Dubai, and Sharjah, ensuring a smooth travel experience.
- Complimentary Airport Lounge Use: Free use of over 1,000 airport lounges globally, up to eight times per year. Some conditions apply. Make your airport time easy and relaxing.
Additional Benefits
- Travel and Medical Coverage: Benefit from up to USD 500,000 coverage on trips booked with the card, providing peace of mind during your travels.
- Roadside Assistance: Receive up to two complimentary roadside assistance services per year, with an additional service available for a fee, ensuring you’re never stranded on the road.
- Balance Transfers: Transfer balance transfers from other credit cards easily and with no documentation necessary.
Pros and Cons of the DIB SHAMS Platinum Credit Card
Pros:
- Generous Rewards on Dining and Travel: 5% cashback on dining and travel expenses, maximizing your reward potential.
- Attractive Introductory Offers: Up to 100,000 Bonus Wala’a rewards and 20% cashback on select merchants for new cardholders.
- Wide Range of Rewards Categories: Earn Wala’a rewards on various spending categories, including international and domestic purchases.
- Premium Perks and Services: Complimentary valet parking, airport transfers, and lounge access add significant value.
- Comprehensive Coverage: Travel and medical coverage up to USD 500,000 and complimentary roadside assistance.
Cons:
- High Spending Requirement for Annual Fee Waiver: Minimum annual spend of AED 30,000 required to waive the annual fee.
- Limited Cashback on Select Merchants: 20% cashback offer is capped at AED 20 per merchant per month, limiting the total cashback potential.
- Spend Criteria for Lounge Access: Subsequent lounge visits require foreign currency spend of USD 1 or equivalent within 15 days prior to the visit, which may be restrictive for some users.
- Need To Spend Enough To Get The Free Services: You need to spend AED 5,000 monthly to maintain free benefits.
- Lower Reward Rate on Utilities and Government Payments: Earn a lower reward rate of 0.4 Wala’a rewards per AED 1 spent on utilities, government, and similar categories, which might not be as beneficial for everyday expenses.
Comparison of DIB SHAMS Platinum Credit Card with Similar Rival Cards in the UAE
Feature/Benefit | DIB SHAMS Platinum Credit Card | Emirates NBD Skywards Platinum Card | ADCB TouchPoints Platinum Card | FAB Platinum Card |
---|---|---|---|---|
Annual Fee | AED 0 (if spending AED 30,000/year) | AED 700 (waived on high spend) | AED 1,050 (waived on high spend) | AED 1,500 (waived on high spend) |
Welcome Bonus | Up to 100,000 Wala’a rewards | 25,000 Skywards Miles | 50,000 TouchPoints | 50,000 FAB Rewards |
Dining Rewards | 5% cashback (10 Wala’a rewards/AED 1) | 1 Skywards Mile/AED 4 | 1 TouchPoint/AED 1 | 2 FAB Rewards/AED 1 |
Travel Rewards | 5% cashback (10 Wala’a rewards/AED 1) | 1 Skywards Mile/AED 4 | 3.75 TouchPoints/AED 1 | 2 FAB Rewards/AED 1 |
Introductory Offers | 20% cashback on select merchants | 25,000 Skywards Miles | 50,000 TouchPoints | 50,000 FAB Rewards |
Airport Lounge Access | 8 visits/year | 10 visits/year | 6 visits/year | 8 visits/year |
Valet Parking | 2 times/month | 2 times/month | 2 times/month | 4 times/month |
Airport Transfers | 2 transfers/year | N/A | 4 transfers/year | N/A |
Rewards Rate on Domestic Spends | 2.5 Wala’a rewards/AED 1 | 1 Skywards Mile/AED 4 | 1 TouchPoint/AED 1 | 1 FAB Reward/AED 1 |
Rewards Rate on International Spends | 3 Wala’a rewards/AED 1 | 1 Skywards Mile/AED 4 | 3.75 TouchPoints/AED 1 | 2 FAB Rewards/AED 1 |
Complimentary Roadside Assistance | 2 times/year | N/A | N/A | N/A |
Complimentary Travel Coverage | Up to USD 500,000 | Up to USD 500,000 | Up to USD 500,000 | Up to USD 500,000 |
Balance Transfer Facility | Yes | Yes | Yes | Yes |
This comparison highlights the key features and benefits of the DIB SHAMS Platinum Credit Card relative to some of its prominent rivals in the UAE. Each card has its unique advantages, catering to different spending habits and lifestyle preferences.
Final Thoughts
The DIB SHAMS Platinum Credit Card is great if you want a fancy card with lots of rewards and benefits. You get awesome cashback on dining and travel, cool welcome offers, and tons of lifestyle perks. Whether you travel a lot, love eating out, or enjoy exclusive services, this card has something for everyone.