LIFE Platinum Cashback Credit Card review
The headline rates are generous: 10% back on online merchants Amazon, Noon and Careem, 5% on dine-in restaurants, an eye-catching 50% on refreshments and snacks and 1% on all other retail spend, with no international category. Each category is capped at AED 50 a month for a maximum of AED 200, and you must spend at least AED 3,000 in the cycle (running the 11th to the 10th) to earn anything.
For a card with no annual fee, the lifestyle add-ons stand out, including unlimited access to 25+ Lounge Key and Marhaba lounges, valet parking three times a month, airport transfers within the UAE, a Meet & Greet usher service and golf tee-times, plus Mastercard discounts across Cleartrip, booking.com, IHG and Avis.
The catch is the modest AED 200 monthly ceiling, the AED 3,000 spend hurdle and a 3.8% monthly profit rate, the highest in the Ajman range. It is best for everyday spenders who lean on delivery apps and dining and want strong returns without paying a fee.
Card details
| Bank | Ajman Bank |
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| Card type | Cashback |
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| Card network | Mastercard |
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| Minimum salary | AED 10,000 |
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| Annual fee | Free for life |
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| Fee waiver | Free for life with no annual membership fee (fees where applicable are +VAT 5%). |
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| Interest (monthly) | 3.80% |
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| Reward type | Cashback |
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| Reward rate | 10% on online merchants (Amazon, Noon, Careem); 5% on dine-in restaurants; 50% on refreshments and snacks; 1% on all other retail spend; no international spend categoryA minimum spend of AED 3,000 within the statement cycle on authorized transactions is required to qualify for cashback; the cashback month runs from the 11th to the 10th. AED 50 per category per month (online, dine-in, refreshments, other retail); maximum total cashback of AED 200 per month. Cashback expiry and detailed programme terms are not published on the official site; caps and rates follow the official LIFE card page cashback table. |
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| Welcome bonus | A welcome bonus of up to AED 1,000 is advertised for the LIFE card; per the official table the AED 1,000 (spend AED 10,000 within 60 days of issuance) is shown for LIFE World only, with no Platinum-specific bonus published. |
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| Lounge access | The official LIFE card page lists unlimited complimentary access to 25+ regional and international Lounge Key and Marhaba lounges (UAE, KSA, Jordan, Kuwait, Egypt, Morocco, USA, UK, Canada, Germany, France, Singapore and more); variant-level restrictions are not specified. |
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| Quick cash | Easy Cash at low profit rates lets you transfer funds to any bank account in the UAE. |
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| Balance transfer | 0% profit rate balance transfer for 3 or 6 months. |
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| Instalment plan | 0% Installment Payment Plan at preferred partners; 0% Easy Payment Plan on Emirates Airline. |
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Welcome bonus: A welcome bonus of up to AED 1,000 is advertised for the LIFE card; per the official table the AED 1,000 (spend AED 10,000 within 60 days of issuance) is shown for LIFE World only, with no Platinum-specific bonus published.
LIFE Platinum Cashback Credit Card benefits
✓Free for life with no annual membership fee
✓10% cashback on Amazon, Noon and Careem
✓50% cashback on refreshments and snacks, capped at AED 50 a month
✓Complimentary valet parking 3x monthly at 35+ locations
✓Airport transfer within the UAE, Meet & Greet usher service and golf tee-time
✓Free supplementary cards
✓Mastercard offers up to 30% off Cleartrip, 10% booking.com, 15% IHG and 20% Avis
Offers and payment options
Quick cashEasy Cash at low profit rates lets you transfer funds to any bank account in the UAE.
Balance transfer0% profit rate balance transfer for 3 or 6 months.
Instalment plan0% Installment Payment Plan at preferred partners; 0% Easy Payment Plan on Emirates Airline.
LIFE Platinum Cashback Credit Card fees & charges
| Annual percentage rate (APR) | 45.6% per annum |
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| Cash advance fee | AED 150 per transaction (up to AED 5,000) |
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| Late payment fee | AED 125 per month (Commitment to Donation / forced donation) |
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| Foreign currency fee | 3.5% |
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| Card replacement fee | AED 75 per request |
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From the bank’s Key Facts Statement / Schedule of Charges. Some figures include and some exclude 5% VAT, a bank’s marketing page can differ from its Key Facts Statement, and fees change - always confirm with the bank before you apply.
Who should get this card?
This card suits everyday spenders who want a free-for-life card with high-rate cashback on food delivery apps, dining and snacks.
What works well
- ✓Free for life with meaningful category cashback
- ✓10% online cashback covers popular UAE apps such as Careem, Noon and Amazon
- ✓Lifestyle extras like valet and airport transfer are unusual on a free card
What to weigh up
- −Low caps limit total cashback to AED 200 a month
- −AED 3,000 minimum monthly spend required to earn any cashback
- −No international spend cashback and a 3.5% foreign transaction fee
- −Highest profit rate in the Ajman Bank line-up at 45.6% p.a. or 3.8% monthly
LIFE Platinum Cashback Credit Card eligibility
Minimum salary AED 10,000; age and residency criteria not published.
▤Key Fact Statement▤Credit Card Application Form▤Passport and Emirates ID▤Visa (not required for Emirates ID issued after 11 Apr 2022)▤Original salary certificate (non-listed companies) or one month pay slip (listed companies)▤Trade License (self-employed with Ajman Bank account)
LIFE Platinum Cashback Credit Card FAQs
Minimum salary AED 10,000; age and residency criteria not published.
The card is listed as free for life with no annual fee. Confirm that this remains part of the final bank offer before applying.
10% on online merchants (Amazon, Noon, Careem); 5% on dine-in restaurants; 50% on refreshments and snacks; 1% on all other retail spend; no international spend category
This card suits everyday spenders who want a free-for-life card with high-rate cashback on food delivery apps, dining and snacks.
Product details are indicative and compiled from each bank’s official pages and Key Facts Statements; figures can differ between a bank’s marketing page and its Key Facts Statement, and fees, rates and VAT treatment change. We are not affiliated with, or authorised by, any bank - always confirm current fees, eligibility, rewards and terms directly with the issuing bank before applying. This page does not constitute financial advice.
