DIB SHAMS Infinite Covered Card review
At its core the card earns 10 Wala'a Rewards per AED 1 on dining and travel bookings, capped at 20,000 Wala'a per month in each category, with 4 per AED 1 on international spends and 3.5 per AED 1 on other local retail. Restricted categories such as supermarkets, utilities, fuel and government payments earn 0.6 Wala'a.
The lifestyle package is extensive: 12 lounge visits a year with a guest across 1,200+ lounges, four annual airport transfers, complimentary golf rounds, Fitness First access, monthly valet parking and travel takaful cover up to USD 500,000. Most of these benefits stay complimentary while you spend at least AED 8,000 a month on the card.
As a covered card it is structured under Sharia principles: there is no interest, the monthly profit rate is a fixed 3.69%, and a late payment triggers a charity-donation undertaking rather than an interest penalty. New cardholders can collect up to 200,000 bonus Wala'a worth AED 1,000 by meeting the initial spend criteria.
Card details
| Bank | DIB |
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| Card type | Premium |
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| Card network | Visa Infinite |
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| Minimum salary | AED 20,000 |
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| Annual fee | AED 733.95 |
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| Fee waiver | No annual fee in the first year; AED 733.95 (incl. VAT) thereafter, waived on a minimum annual spend of AED 60,000 |
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| Interest (monthly) | 3.69% |
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| Reward type | Wala'a Rewards |
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| Reward rate | Earn 10 Wala'a Rewards per AED 1 on dining and on travel, 4 per AED 1 on international spends and 3.5 per AED 1 on other domestic spendsDining and travel earn is capped at 20,000 Wala'a each per month. Government, utilities, supermarkets, insurance, fuel and similar restricted categories, plus EEA spends, earn 0.6 Wala'a per AED 1 20,000 Wala'a per month each on dining and travel Redeem via the DIB Wala'a programme: 20,000 Wala'a = AED 100 against flights and hotels, or AED 80 as cashback; points can also convert to partner airline miles |
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| Welcome bonus | Up to 200,000 bonus Wala'a Rewards (worth AED 1,000) for new-to-card customersSpend USD 15,000 equivalent within 90 days of card issuance; plus 20% cashback at Amazon, Dubai Now, Deliveroo, Noon and Talabat for the first 3 months, capped at AED 25 per merchant per month |
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| Lounge access | Complimentary access to 1,200+ airport lounges 12 times per year with a guest; first annual visit free, later visits need a small prior foreign-currency spend |
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| Quick cash | Draw cash up to 90% of your card limit; cash withdrawal fee AED 94.50 per transaction (incl. VAT) |
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| Balance transfer | Balance transfer facility with a flexible 12-month repayment plan |
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| Instalment plan | Extended payment plans available on retail purchases and cash transactions on DIB's standard terms |
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Welcome bonus: Up to 200,000 bonus Wala'a Rewards (worth AED 1,000) for new-to-card customers
Terms: Spend USD 15,000 equivalent within 90 days of card issuance; plus 20% cashback at Amazon, Dubai Now, Deliveroo, Noon and Talabat for the first 3 months, capped at AED 25 per merchant per month
DIB SHAMS Infinite Covered Card benefits
✓Up to 5% back as Wala'a Rewards on dining and travel
✓12 lounge visits per year with a guest
✓4 complimentary airport transfers annually
✓Complimentary golf, Fitness First access and valet parking
✓Travel takaful cover up to USD 500,000
✓Up to 5 free supplementary cards
Offers and payment options
Quick cashDraw cash up to 90% of your card limit; cash withdrawal fee AED 94.50 per transaction (incl. VAT)
Balance transferBalance transfer facility with a flexible 12-month repayment plan
Instalment planExtended payment plans available on retail purchases and cash transactions on DIB's standard terms
DIB SHAMS Infinite Covered Card fees & charges
| Annual percentage rate (APR) | 44.28% (3.69% monthly profit rate) |
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| Cash advance fee | AED 94.50 per transaction (incl. VAT) |
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| Late payment fee | No interest-based late fee; a late payment triggers an undertaking to donate AED 236.25 (incl. VAT) to charity |
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| Foreign currency fee | 3.70% of transaction value on non-AED transactions; 3.14% on AED-billed international transactions (incl. VAT) |
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| Card replacement fee | AED 52.50 per request (incl. VAT) |
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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 high earners who dine out and travel often and want a Sharia-compliant premium card with a full lifestyle suite.
What works well
- ✓Very high 10x Wala'a earn on dining and travel
- ✓Rich lifestyle suite: golf, gym, valet, airport transfers
- ✓Sharia-compliant with no interest-based charges
What to weigh up
- −AED 8,000 monthly spend needed to keep the free benefits
- −Everyday categories like supermarkets and fuel earn only 0.6 Wala'a
- −AED 733.95 fee from year two unless you spend AED 60,000 a year
DIB SHAMS Infinite Covered Card eligibility
Minimum salary of AED 20,000 per month; UAE resident with valid Emirates ID. A minimum monthly spend of AED 8,000 keeps the complimentary lifestyle benefits active
▤Emirates ID▤Passport with residence visa▤Salary certificate or bank statements (last 3-6 months)
DIB SHAMS Infinite Covered Card FAQs
Minimum salary of AED 20,000 per month; UAE resident with valid Emirates ID. A minimum monthly spend of AED 8,000 keeps the complimentary lifestyle benefits active
The listed annual fee is AED 733.95. No annual fee in the first year; AED 733.95 (incl. VAT) thereafter, waived on a minimum annual spend of AED 60,000
Earn 10 Wala'a Rewards per AED 1 on dining and on travel, 4 per AED 1 on international spends and 3.5 per AED 1 on other domestic spends
This card suits high earners who dine out and travel often and want a Sharia-compliant premium card with a full lifestyle suite.
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.
