DIB SHAMS Platinum Covered Card review
Dining and travel spending earns 10 Wala'a Rewards per AED 1, capped at 5,000 and 10,000 Wala'a per month respectively, with 2 per AED 1 internationally and 1.5 per AED 1 on other domestic retail. Restricted categories earn 0.3 Wala'a.
The card is free in its first year and AED 208.95 from year two, waived on a AED 15,000 annual spend. Benefits focus on protection rather than airport perks: travel takaful cover up to USD 100,000, 365-day buyer's protection and roadside assistance once a year.
New cardholders can collect up to 50,000 bonus Wala'a worth AED 250 plus a three-month 20% cashback boost at popular delivery and shopping apps, and as a covered card the structure is fully Sharia-compliant with a fixed 3.69% monthly profit rate.
Card details
| Bank | DIB |
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| Card type | Lifestyle |
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| Card network | Visa Platinum |
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| Minimum salary | AED 5,000 |
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| Annual fee | AED 208.95 |
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| Fee waiver | No annual fee in the first year; AED 208.95 (incl. VAT) thereafter, waived on a minimum annual spend of AED 15,000 |
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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, 2 per AED 1 on international spends and 1.5 per AED 1 on other domestic spendsDining earn is capped at 5,000 and travel at 10,000 Wala'a per month. Restricted categories and EEA spends earn 0.3 Wala'a per AED 1 5,000 Wala'a per month on dining; 10,000 on 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 50,000 bonus Wala'a Rewards (worth AED 250) for new-to-card customersSpend USD 5,000 equivalent within 90 days of card issuance; plus 20% cashback at Amazon, Deliveroo, Dubai Now, Noon and Talabat for the first 3 months, capped at AED 15 per merchant per month |
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| Lounge access | Not included |
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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 50,000 bonus Wala'a Rewards (worth AED 250) for new-to-card customers
Terms: Spend USD 5,000 equivalent within 90 days of card issuance; plus 20% cashback at Amazon, Deliveroo, Dubai Now, Noon and Talabat for the first 3 months, capped at AED 15 per merchant per month
DIB SHAMS Platinum Covered Card benefits
✓10x Wala'a Rewards on dining and travel
✓Travel takaful cover up to USD 100,000
✓365-day buyer's protection on purchases
✓Up to 5 free supplementary cards
✓15% off Zofeur chauffeur services
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 Platinum 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 everyday earners who want Sharia-compliant dining and travel rewards at DIB's entry salary level, without paying a premium-tier annual fee.
What works well
- ✓Accessible entry point into 10x dining and travel rewards
- ✓First year free with a low ongoing waiver threshold
- ✓Sharia-compliant with buyer's protection included
What to weigh up
- −No airport lounge access
- −Lower monthly earn caps than the higher SHAMS tiers
- −Base domestic earn is a modest 1.5 Wala'a per AED
DIB SHAMS Platinum Covered Card eligibility
Minimum salary of AED 5,000 per month; UAE resident with valid Emirates ID. DIB does not publish this figure on the product page, so confirm the current requirement with the bank before applying.
▤Emirates ID▤Passport with residence visa▤Salary certificate or bank statements (last 3-6 months)
DIB SHAMS Platinum Covered Card FAQs
Minimum salary of AED 5,000 per month; UAE resident with valid Emirates ID. DIB does not publish this figure on the product page, so confirm the current requirement with the bank before applying.
The listed annual fee is AED 208.95. No annual fee in the first year; AED 208.95 (incl. VAT) thereafter, waived on a minimum annual spend of AED 15,000
Earn 10 Wala'a Rewards per AED 1 on dining and on travel, 2 per AED 1 on international spends and 1.5 per AED 1 on other domestic spends
This card suits everyday earners who want Sharia-compliant dining and travel rewards at DIB's entry salary level, without paying a premium-tier annual fee.
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.
