1. Card Overview

Card Name	Min. Income (AED)	Annual Fee (AED)	Profit Rate (per month)	Min. Spend for Fee Waiver / Bonus
ULTRACASH	10,000	300⁺	3.67%	AED 12,000/year to waive 2nd-year fee; AED 1 tx in 30 days for welcome bonus
BRight	12,000	500 (free-for-life options)	3.67%	AED 12,000/year for “free-for-life”; one transaction for AED 500 welcome

 

⁺Annual fee charged on activation anniversary; waived in 2nd year if AED 12,000 retail spend met.

2. Profit Rates & Key Charges

• Retail Purchases:67% per month
• Cash Advances: AED 150 or 3% of amount (whichever is higher)
• Foreign Currency Transactions: 2% of transaction amount (ULTRACASH); 0% (BRight)
• Late-Payment Fee (Forced Donation): AED 125 per instance
• Card Replacement Fee: AED 75
• Duplicate Statement: AED 45 per month
• Copy of Sales Voucher: AED 65 per request
• Easy Payment Plan Foreclosure Fee: AED 200 per request
• Minimum Payment Due: 5% of outstanding balance (including all fees)
• Payment Due Date: Up to 25 days from statement date
• Cash Advance Limit: 90% of total credit limit

(All fees from Ajman Bank Tariff of Charges)

3. Eligibility Criteria

• Age: 21–65 years.
• Residency: Valid UAE residency visa and Emirates ID.
• Income: Minimum monthly salary of AED 10,000 (ULTRACASH) or AED 12,000 (BRight).
• Employment: Salaried with payroll transfer to Ajman Bank, or self-employed with verifiable income.
• Credit History: Clean track record with no defaults.

 

Detailed Schedule of Fees

Fee Type	Amount
Annual Fee	AED 300 (ULTRACASH) / AED 500 (BRight)
Supplementary Card (3rd+ cards)	AED 50 per annum per card
Cash Advance Fee	AED 150 or 3% of amount
Late-Payment Fee (Forced Donation)	AED 125 per instance
Overlimit / Returned Cheque Fee	AED 100
Easy Payment Plan Foreclosure Fee	AED 200 per request
Card Replacement	AED 75 per request
Duplicate Statement	AED 45 per month
Copy of Sales Voucher	AED 65 per request
Temporary Limit Increase	AED 50 per request
Payment via Exchange House	AED 5.25 per transaction
Foreign Currency Transaction Fee	2% (ULTRACASH) / 0% (BRight)
Credit Shield (Optional Takaful)	0.95% of outstanding balance per month
Minimum Payment Due	5% of balance or AED 100 (higher)
Cash Advance Limit	90% of credit limit

 

Card Benefits & Minimum-Spend Criteria

ULTRACASH Mastercard Touch Card

– Category-Based Cashback: Choose 2 of these categories for up to 10% (UAE Nationals) or 5% (Expats) cashback:

• Fuel (10% for first 3 months U.A.E. nationals; 5% thereafter)
• Online Shopping (5%)
• Supermarkets (5%)
• School Fees (5%)
  – Other Purchases: 1% cashback on all other retail spends.
  – Monthly Cashback Caps: Fuel AED 400; Online AED 200; Supermarkets AED 200; School Fees AED 200; Other spends capped at card limit.
  – Welcome Bonus: Up to AED 500 credited after one retail transaction within 30 days of card issuance.
  – Fee Waiver: Spend AED 12,000 in a membership year to waive the second-year annual fee.
  – Easy Installment Plans: 0% profit for up to 12 months at selected merchants.
  – Balance Transfer & Easy Cash: Up to 90% of credit limit with flexible repayment.
  – Secure Online Shopping: 3D Secure authentication.

BRight Credit Card

– Reward Accumulation: Earn 3 BRight Rewards points for every AED 10 spent on all retail transactions.
– Complimentary Lounge Access: Unlimited access to 900+ airport lounges worldwide.
– 0% Foreign Transaction Fees: No markup on international retail transactions.
– 0% Profit Installments: Convert purchases into interest-free installments for up to 12 months.
– Welcome Bonus: AED 500 in BRight Rewards points credited after first retail transaction.
– Redemption Flexibility: Redeem points on flights (300+ airlines), hotels (300,000+ properties), gift vouchers, and e-purchases.
– Free-for-Life Option: Annual fee permanently waived when AED 12,000 retail spend threshold met each year.