Al-Futtaim NBAD World Elite Credit Card

An exceptional rewards program, exclusive benefits from Al Futtaim, and access to the World Elite Affluent Gateway

Al-Futtaim NBAD World Elite Credit Card

   

Highlights

  • 24/7 personalised luxury including travel & lifestyle concierge services
  • Free for life Credit Card at a low monthly interest rate of 1.66% (19.9%APR)
  • For a limited time, earn 4% rewards value on all Al-Futtaim purchases & 2% everywhere

Personalised service to cater to all your lifestyle needs, exclusive benefits, and the security you expect from NBAD

Al-Futtaim NBAD Stars Calculator


Al-Futtaim NBAD Stars earned* Cashback to settle Credit Card bill Emirates Skywards Miles Etihad Guest Miles

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* Offer valid until 31st December 2016 following which standard earn rate of 2:1 respectively apply.

Eligibility

  • A minimum monthly salary of AED 40,000
  • Portfolio of Mortgage Loans of AED 5 Million and above or
  • A deposit or investment assets under management with NBAD in excess of AED 500,000

Required documents

If your salary is paid into an NBAD bank account, you will need:

  • Completed and signed branch application form
  • Copy of valid Passport / Visa / Emirates ID (Originals must also be presented)
  • Security cheque can be a UAE bank cheque from the customer or a dummy cheque provided by the bank
  • If you would like our customer care team to contact you please complete the online Credit Card Application Form

If your salary is NOT paid into an NBAD account, you will need following additional documents in addition to the above mentioned documents:

  • Your latest bank statement
  • A salary certificate, pay slip or labour contract

If you’re self-employed, you’ll need:

  • Proof of owner or directorship
  • Power of Attorney if applicable
  • Completed and signed branch application form
  • Copy of valid Passport / Visa / Emirates ID (Originals must also be presented)
  • Your 3 most recent bank statements for your business and personal accounts
  • Etisalat or Du bill of the company including a copy of a utility bill or statement
  • Security cheque can be a UAE bank cheque from the customer or a dummy cheque provided by the bank

Fees and charges

Schedule Fees
Principal Annual Fee   Free for life
Supplementary Annual Fee Free for life
Retail Interest Rate* 1.66% p.m. (19.9% APR)
Cash Advance Interest Rate 3.50% p.m.
Cash Advance Limit 60% of Credit Limit
Cash Advance Fee (% of withdrawal amount) 3% of the amount of cash obtained, with a minimum of AED 100 per transaction
International Transaction Charges 2.95% p.m.
Choice of Monthly Payment 5% to 100% of outstanding
Minimum Monthly Payment 5% of outstanding balance or AED 100 (whichever is higher)
Late Payment Fees AED 275 per month
Over Limit Fees AED 275 per month
Credit Shield Plus Charged per month at 0.85% of outstanding (maximum AED 1,700)
Statement Reprint Charges AED 25 per statement
Copies of Transaction Slip AED 25 per transaction slip
Cheque Returned Fee AED 200
Card delivery via Branch AED 50
Card delivery via Courier No fee
Grace Period – Retail Purchases Up to 56 days on purchases (if amount outstanding is settled in full on or before the due date)
Grace Period – Cash None
Card Replacement Fee No fee
Card Payment at Al Ansari No fee


*If the outstanding amount is not paid in full on or before the due date, interest will be charged on the amount outstanding from the transaction date. For any queries or billing information simply call us on 800 40000, or visit any NBAD branch. NBAD reserves the right to change its card pricing at any time.
 

Balance transfer 3 Months 6 Months* 9 Months* 12 Months* 18 Months 24 Months 36 Months
Interest rate NA 0.00%* 0.90%* 0.80%* 0.70% 0.60% NA
Processing fee NA 2.00%* 0.00%* 0.00%* 0.00% 0.00% NA
Cancelation fee: AED 150 + remaining period interest
*Enjoy 0% interest rate, with no processing fees for up to 12 months when you apply for balance transfer within 90 days from account opening date.
Easy cash (EC) 3 Months 6 Months 9 Months 12 Months 18 Months 24 Months 36 Months
Interest rate 0.90% 0.00% 0.90% 0.90% 0.80% 0.80% NA
Processing fee - 4.00% - - - - NA
Early settlement fee: AED 150 + remaining period interest
Easy Payment Plan on transactions   3 Months 6 Months 9 Months 12 Months* 18 Months 24 Months 36 Months
Interest rate 1.1% *** 1.1% *** 1.20% 1.20%* 1.20% 1.10% 1.10%
Early settlement fee: AED 150
*Spend AED 1,000 or more at Al-Futtaim showrooms and stores across the UAE and enjoy 0% interest for 12 months.
***For selected customers, subject to approval
Easy Payment Plan on balance 3 Months 6 Months 9 Months 12 Months 18 Months 24 Months 36 Months
Interest rate 1.00% 1.00% 1.00% 0.90% 0.80% 0.70% NA
Early settlement fee: AED 250 + remaining period interest
For selected customers, subject to approval
Interest rate: 0%
Cancelation fee: AED 150
For transactions at selected partner merchants

Contact Us

Phone Us

Lines Open 24/7

UAE Helpline

800 40000

Email Us

We'll answer your query as soon as possible