DIB SHAMS Signature Credit Card
The DIB SHAMS Signature Credit Card is your all-in-one card, packed with benefits to make your life better. With rewards for dining and travel, free airport services, valet parking, and more, this card is a powerful tool for anyone looking for top-notch perks.
Key Features and Benefits
Great Dining and Travel Perks
- 5% Cashback on Eating Out: Get 5% back whenever you dine at restaurants, cafes, or fast-food joints. This equals 10 Wala’a rewards for every AED 1 you spend, up to 10,000 rewards each month.5%
- Cashback on Travel: Get 5% back on your travel expenses, like flights and hotel stays. That’s 10 Wala’a rewards per AED 1 spent, with a limit of 15,000 rewards each month.
Cool 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. 20% Cashback on Select Merchants: Get 20% back when you shop at Amazon, Deliveroo, Dubai Now, Noon, and Talabat for the first three months. Up to AED 20 cashback per merchant per month, totaling up to AED 360 during the offer period.
Comprehensive Rewards Program
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
Premium Perks and Services
- Free Valet Parking: Benefit from up to two valet parking services each month at major spots throughout the UAE.
- Free Airport Transfers: Receive two airport transfers annually from Abu Dhabi, Dubai, and Sharjah at no cost.
- Free Airport Lounge Access: Gain entry to over 1,000 airport lounges worldwide up to eight times a year, provided you meet the spending requirements
Extra Benefits
- Travel and Medical Insurance: Get insured for up to $500,000 coverage on trips booked with the card.
- Roadside Assistance: Up to two free roadside assistance services per year, with an extra service available for a fee.
- Balance Transfer Facility: Easily transfer balances from other credit cards, no paperwork needed.
Pros and Cons
Pros:
- Generous Rewards on Dining and Travel: 5% cashback on dining and travel expenses.
- 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: Free valet parking, airport transfers, and lounge access.
- Comprehensive Coverage: Travel and medical coverage up to USD 500,000 and free roadside assistance.
Cons:
- High Spending Requirement for Annual Fee Waiver: Need to spend AED 30,000 annually to waive the fee.
- Limited Cashback on Select Merchants: 20% cashback offer is capped at AED 20 per merchant per month.
- Spend Criteria for Lounge Access: Extra lounge visits need a foreign currency spend of USD 1 or equivalent within 15 days before the visit.
- Monthly Spend Requirement for Free Services: Must spend AED 5,000 monthly to keep free benefits.
- Low Reward Rate on Utilities and Government Payments: Only 0.4 Wala’a rewards per AED 1 spent on utilities, government, and similar categories.
Comparison of DIB SHAMS Signature Credit Card with Similar Rival Cards in the UAE
| Feature/Benefit | DIB SHAMS Signature Card | Emirates NBD Skywards Signature Card | ADCB TouchPoints Signature Card | FAB Signature Card |
|---|---|---|---|---|
| Annual Fee | AED 523 (Waived on spending AED 30,000/year) | AED 1,500 (waived on high spend) | AED 2,100 (waived on high spend) | AED 1,500 (waived on high spend) |
| Welcome Bonus | Up to 100,000 Wala’a rewards | 50,000 Skywards Miles | 100,000 TouchPoints | 100,000 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 | 50,000 Skywards Miles | 100,000 TouchPoints | 100,000 FAB Rewards |
| Airport Lounge Access | 8 visits/year | Unlimited access | 10 visits/year | Unlimited access |
| Valet Parking | 2 times/month | 4 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 |
| Free Roadside Assistance | 2 times/year | N/A | N/A | N/A |
| 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 table shows how the DIB SHAMS Signature Credit Card compares to other similar top cards in the UAE, highlighting their key features and benefits. The DIB shams comes out better on the annual fee if you don’t spend enough. The dining rewards are more generous. Travel rewards are better. Free airport lounge access is good. Rewards on local and international shopping is also better overall.
Final Thoughts
The DIB SHAMS Signature Credit Card is perfect if you want a premium credit card with lots of rewards and perks. With generous cashback on dining and travel, great welcome offers, and tons of lifestyle benefits, this card is a valuable addition to any wallet. Whether you travel a lot, love eating out, or enjoy exclusive services, this card has something for everyone.