Ever wonder how much interest you pay on your credit card every year? Do you know that additional interest is charged on top of the interest that you incur every month? Are you aware of other hidden credit card charges?

Introducing Emirates Islamic Bank's Credit Card – a truly Shari'a compliant credit card designed with you and for you. 

Emirates Islamic Bank's Credit Card allows convenient access to cash for those unexpected expenses, giving you the flexibility to purchase larger buys. It allows you to go on that dream vacation without having to worry about the prohibitive interest charges associated with other credit cards.

With Emirates Islamic Bank's Credit Card, we tell you the cost of using your credit card up front and with no additional surprise charges. 

Unlike conventional credit cards, Emirates Islamic Bank credit card does not charge interest on your outstanding balance. You don't need to figure out how interest works and how it is charged to your credit card account.

Here is how your Emirates Islamic Bank's Credit Card works:

Every month, you pay a fixed fee which allows you to use the card up to your approved limit. Like most credit cards, you will receive a monthly statement detailing the transactions for the month. Pay as much as you want, as long as it reaches the minimum amount required. The only difference is you will not see the dreaded "interest" printed on your statement.

Features

• A truly fully Shari'a compliant credit card in the market.
• No Salary transfer required
• Worldwide acceptance at over 30 million establishments.
• Up to 55 grace days with no charges.
• Maximum limit for Visa Classic customers AED 8000 & AED 13,000 Visa Classic Plus Customers.
• Cash Advance facility.
• Free of 'Riba' and 'Gharar'.
• Added security–photo feature providing instant recognition and foolproof security.
• Settlement by cash/cheque or direct debit to your Emirates Islamic Bank account.
• Free online access.
• Utility bill payments.
• 24 hours assistance through a dedicated call centre.
• Free card delivery.

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Benefits

* Please note that the value added services offered only to the primary cardholders

• Global Acceptability:
  With your Classic/ Classic Plus Credit Card, you can now enjoy complete freedom without the worry and hassle of cash based transactions. Your card is accepted globally at more than 22 million locations worldwide, in 130 countries.
  

• FREE Supplementary Credit Card:
  At Emirates Islamic Bank, we will issue 1 supplementary credit card for Classic plus credit card holder's for any family member aged 18 or above (subject to credit approval) at no extra charge.
  

• Travel Services:
  Your Classic credit card comes with a range of travel service offers designed to make your life easier. Make airline reservations through our reputed associates for travel services by calling 04- 3355559 or simply SMS EIB to 050- 5586926 and one of our travel consultants will call you back. We will deliver the tickets straight to your door steps. You are eligible to receive a discount of up to 10%, depending on the airline and destination chosen. Please identify yourself as an Emirates Islamic Bank cardholder and the purchase should be made using Emirates Islamic Bank credit card to avail any discounts.
  

• Credit Shield:
  Emirates Islamic Bank credit card now offers a cover i.e. credit shield that protects you/your family from financial burdens in unfortunate circumstances. This covers you against death & permanent disability. You are automatically entitled to credit shield as a credit card holder absolutely free for an initial two months from the date of issue of your card. So you can now enjoy that extra peace of mind!
  
  

• Emergency Roadside Assistance:
  We have partnered with a very reputed company offering Emergency Roadside Assistance service for our valued Classic card customers. Our customers would receive roadside assistance services like tyre change, towing, battery boost, fuel delivery and lock services. Also included is the unique benefit of car registration service. Our preferred partner has a 24×7 call centre 8004662, which will offer Toll Free service. A co- branded sticker will be provided by our partner, which will go on the windshield of the cardholder's vehicle. It is mandatory to display the sticker on the vehicle to avail any of the above services. "Autopal Middle East" at Toll Free 8004662 anytime for roadside assistance.

How and where to make your Monthly Card Payments
For the monthly payment of your Skywards EIB Credit Card bill (which can be as low as 5%), you can simply use any of the following payment channels:

Payment through Exchange Houses

Credit card customers can make their payments through any outlet of Al Ansari Exchange or UAE Exchange.

• Customers can make payment up to AED 35,000 per day.
• All payments will be accepted in the form of Cash only.
• All payments will reflect in your credit card account in 2 to 3 working days.

To view the complete list of outlets for the respective Exchange Houses, kindly click on Al Ansari Exchange or UAE Exchange

Cheque Payments: Drop Box or by Mail

• Simply send a cheque in favor of Skywards EIB Credit Cards by mail to the EIB Card Centre (address pre- printed on card payment envelope enclosed with your card billing statement), or through the drop box facility available at all designated branches.
• Please remember to write your name and Credit Card number at the back of the cheque and send it enclosed with the detached payment slip from the bottom portion of your card statement.
• Please do not send any cash inside your payment envelope.
• Payment by cheque is first sent for clearing and only after funds are received, payment is posted to your account. This procedure takes approximately 3 to 5 working days.

Pay Bills Online
Being an Emirates Islamic Bank account holder, you can pay your monthly Credit Card bills online.  Just log onto www.emiratesislamicbank.ae.

If your Credit Card account is not linked, then simply call our Customer Service Centre on 04 316 0101 for assistance.

Auto Payment Facility-Online
Schedule your monthly bill payment through BankNet (online banking) by using the Auto Payment Transfer facility. If you hold an Emirates Islamic Bank account you can arrange for your monthly bill to be automatically deducted from your account – all at the click of a button.

Cash at Counter
You can make cash payment at all Emirates Islamic Bank branches during banking hours.

Cash Deposit Machines
You can make your Credit Card payment through our Cash Deposit Machines even if you don't have the physical Card with you.  All you need is your card number.

Eligibility 

• Minimum salary for salaried individuals- as per bank’s credit card policy.
• Self-Employed individuals- as per bank’s credit card policy.
• Non-working individuals with a letter of undertaking from their guardian/ spouse, along with the above requirement for the guarantor or by placing a fixed deposit.
• Minimum age for the primary card applicant is 21 years and for the supplementary card applicant is 18 years.

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Documentation Required 

• Filled Application Form.
• For UAE nationals - Copy of Khulasat Al Qaid OR passport copy.
• For expatriates - Passport copy with valid residence visa.
• Bank statements for the latest 3 months (personal bank statements for salaried individuals, company bank statements for self-employed individuals).
• Latest original salary certificate (for salaried individuals).
• If self-employed: Copy of valid Trade License and notarized power of attorney, or partnership deed.
• Security cheque: undated cheque for full limit of credit card plus 5%

Fees & Charges