The Simplylife Cash Back Credit Card from ADCB is designed to offer numerous benefits, making it an excellent choice for everyday use.
Benefits
- 1% Cash Back: Cardholders earn 1% cash back on all purchases with a minimum monthly spend of AED 1,000, capped at AED 1,000 cash back per month.
- No Annual Fees: The card is free for life, eliminating the burden of annual fees.
- Free Movie Tickets: Users receive two free movie tickets each month when they spend AED 1,500 or more. Cashback for movie tickets is limited to AED 70 per month and is applicable for tickets purchased at cinema counters, kiosks, websites, and mobile apps.
- Lounge Access: Enjoy complimentary access to the Marhaba Lounges at Dubai International Airport (Terminals 1 and 3) and the Diamond Lounge at Abu Dhabi International Airport’s VIP terminal.
- Balance Transfer: Transfer balances from other credit cards to the Simplylife Credit Card and benefit from low-interest rates.
- Personal Payment Plan: Convert everyday purchases into easy installments of 6, 9, 12, 18, or 24 months with low-interest rates.
- Credit Card Loan: Avail cash against your available credit limit with low interest and repay in easy installments.
- Card Control: Manage card usage through the ADCB Mobile Banking App, including setting spending limits and enabling or disabling transactions like international or online purchases.
- Credit Shield: Optional insurance is available to cover your outstanding balance in case of emergencies.
Documents Required
To apply for the Simplylife Cash Back Credit Card, the following documents are required:
- Completed application form
- A copy of your passport with a residence visa for expats or page 60 for UAE nationals.
- Self-attested labor card or government-issued photo ID
- Emirates ID card or EIDA application form
- Current salary certificate or latest pay slip
- Three months bank statement
Fees & Charges
The Simplylife Cash Back Credit Card comes with the following fees and charges:
- Finance Charges: 3.25% per month (retail purchases) and 3.50% per month (cash advances)
- Balance Transfer/Installment Plans: Up to 2.25% per month
- Cash Advance Fee: 3.15% or AED 105, whichever is higher
- Over Limit Fee: AED 288.75
- Late Payment Fee: AED 241.50
- Foreign Currency Transaction Margin: 2.99%
- Other Fees: Include charges for card replacement, duplicate statements, returned cheques, temporary credit limit increases, and paper statements
Comparison of Simplylife Cash Back Credit Card with Similar Cashback Credit Cards in the UAE
| Feature/Benefit | Simplylife Cash Back Credit Card | Emirates NBD U By Emaar Family Credit Card | ADCB LuLu Platinum Credit Card | Mashreq Cashback Credit Card |
|---|---|---|---|---|
| Cash Back | When you spend AED 1000 or more get 1% | 1.25% on all purchases | Up to 5% on LuLu purchases | Up to 5% on groceries and fuel |
| Annual Fee | None | AED 300 (waived on meeting spend criteria) | AED 525 | AED 315 (waived on meeting spend criteria) |
| Movie Tickets | 2 free tickets per month (min. spend AED 1,500) | No movie benefits | No movie benefits | 4 free tickets per month (min. spend AED 7,000) |
| Lounge Access | Marhaba and Diamond Lounge access | No lounge access | Select Lounges | Limited lounge access |
| Balance Transfer | Yes | Yes | Yes | Yes |
| Personal Payment Plan | Yes, low interest installments | Yes | Yes | Yes |
| Card Control Features | Set limits, block card via mobile app | Set limits, control transactions | Set limits, control transactions | Set limits, control transactions |
| Credit Card Loan | Low interest rates | Yes | Yes | Yes |
| Additional Benefits | Free for life, credit shield optional | U By Emaar rewards | Discounts at LuLu, airport benefits | High cashback on select categories |
Summary
- Simplylife Cash Back Credit Card: Ideal for those seeking simple cashback on all purchases, no annual fees, and additional perks like free movie tickets and lounge access.
- Emirates NBD U By Emaar Family Credit Card: Best for earning rewards on all purchases and enjoying lifestyle benefits, though it has an annual fee.
- ADCB LuLu Platinum Credit Card: Suited for frequent LuLu shoppers with high cashback at LuLu stores and airport benefits.
- Mashreq Cashback Credit Card: Great for high cashback on groceries and fuel, with additional movie ticket benefits.
Each card caters to different spending habits and preferences, making it important to choose based on your primary needs.
Conclusion
The Simplylife Cash Back Credit Card combines the benefits of cash back, no annual fees, complimentary movie tickets, and lounge access, along with robust financial tools and card control features, making it a good choice for people in the UAE.
For more details, visit the Simplylife Cash Back Credit Card page.