LIFE World Cashback Credit Card review
Cardholders earn 10% on online merchants Amazon, Noon and Careem, 7% on dine-in restaurants, 5% on international spend, 50% on refreshments and snacks and 1% on everything else. The premium categories are capped at AED 100 each for a AED 400 monthly maximum, while the 1% base rate is uncapped up to the card limit; a AED 5,000 cycle spend is needed to unlock cashback.
A AED 1,000 welcome cashback rewards AED 10,000 of spend in the first 60 days, and the same AED 5,000 spend that waives the AED 600 annual fee. Travel benefits include unlimited access to 25+ Lounge Key and Marhaba lounges, valet parking three times a month, UAE airport transfers, Meet & Greet and golf tee-times.
With its spend thresholds and a 3.5% foreign transaction fee that trims the international cashback, the card rewards consistent higher spenders who want the widest cashback coverage and lounge access in one Islamic card.
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 | AED 630 |
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| Fee waiver | AED 600 (+VAT 5%), waived on retail spend of AED 5,000 within 60 days from the card issuance date. |
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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); 7% on dine-in restaurants; 5% on international spend; 50% on refreshments and snacks; 1% on all other retail spendA minimum spend of AED 5,000 within the statement cycle on authorized transactions is required to qualify for cashback; the cashback month runs from the 11th to the 10th. AED 100 per category per month (online, dine-in, international, refreshments); maximum AED 400 per month, plus 1% other-retail cashback which is uncapped up to the assigned card limit. 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 | AED 1,000 welcome cashback on spending AED 10,000 within 60 days from the card issuance date.Spend AED 10,000 within 60 days from the card issuance date |
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| Lounge access | 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). |
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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: AED 1,000 welcome cashback on spending AED 10,000 within 60 days from the card issuance date.
Terms: Spend AED 10,000 within 60 days from the card issuance date
LIFE World Cashback Credit Card benefits
✓AED 1,000 welcome cashback
✓10% online, 7% dining and 5% international cashback
✓Unlimited Lounge Key and Marhaba access to 25+ lounges
✓1% uncapped cashback on other retail spend
✓Complimentary valet parking 3x monthly at 35+ locations
✓Airport transfer within the UAE, Meet & Greet and golf tee-time
✓Free supplementary cards
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 World 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 higher spenders (AED 5,000+ a month) who want cashback across online, dining and international spend with unlimited lounge access.
What works well
- ✓Broadest cashback categories in the line-up including international spend
- ✓Annual fee easily waived with AED 5,000 spend in the first 60 days
- ✓Unlimited lounge access plus 1% uncapped base cashback
What to weigh up
- −AED 5,000 minimum monthly spend required to earn any cashback
- −Premium category cashback capped at AED 100 each and AED 400 total per month
- −3.5% foreign transaction fee partially erodes the 5% international cashback
LIFE World 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 World Cashback Credit Card FAQs
Minimum salary AED 10,000; age and residency criteria not published.
The listed annual fee is AED 630. AED 600 (+VAT 5%), waived on retail spend of AED 5,000 within 60 days from the card issuance date.
10% on online merchants (Amazon, Noon, Careem); 7% on dine-in restaurants; 5% on international spend; 50% on refreshments and snacks; 1% on all other retail spend
This card suits higher spenders (AED 5,000+ a month) who want cashback across online, dining and international spend with unlimited lounge access.
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.
