Bank of Sharjah Credit Cards

Minimum Salary
0,00 د.إ

Description

Bank of Sharjah (BOS) issues two Visa credit cards—Classic and Gold—on a charge-card basis, requiring full settlement each month. Both cards feature modest fees, Sharia-compliant structures, rewards points, and lifestyle benefits. Eligibility hinges on an existing BOS relationship and collateral, with no promotional minimum-spend thresholds for rewards.

Features

Card Overview

Feature	Classic Card	Gold Card
Annual Fee	AED 250	AED 450
Joining Fee	AED 175	AED 350
Validity	2 years	2 years
Account Type	Charge card (full pay)	Charge card (full pay)
Reward Currency	YOUR Privilege Loyalty	YOUR Privilege Loyalty
Points Earned	1 point/AED 1 spent	1 point/AED 1 spent
Expected Profit on Deficit	15% p.a.	15% p.a.
Interest-Free Period	Up to 55 days	Up to 55 days

(All fees and rates exclusive of VAT; VAT added where applicable)

Detailed Schedule of Fees

Fee Type	Classic Card	Gold Card
Card Replacement	AED 75	AED 75
Secret PIN Replacement	AED 25	AED 25
Cash Advance Fee	4.5% (min AED 20)	4.5% (min AED 20)
Over-Limit Fee	AED 100	AED 100
Copy of Sales Voucher	AED 25	AED 25
Duplicate Statement	AED 25	AED 25
Late Settlement (Deficit Charge)	15% p.a. on outstanding	15% p.a. on outstanding
Collateral Requirement	FD ≥3× monthly limit	FD ≥3× monthly limit

(The bank may amend charges and request additional documents per policy)

Eligibility Criteria

Applicants must:

Be an existing customer of Bank of Sharjah
Provide a fixed deposit collateral equal to three times the requested credit limit
Hold a valid UAE residency visa and Emirates ID
Have no record of default at Al Etihad Credit Bureau

Payment & Charges

Full-Payment Requirement: All transactions must be settled in full by the 20th of each month.
Deficit Handling: Outstanding balances posted to a servicing current account and charged at 15% p.a. until cleared.
Processing Time: Card issued within 3–4 business days post-approval and cooling-off waiver.

Documents Required

Copy of passport with residency visa page
Copy of Emirates ID (front and back)
Fixed deposit mandate as collateral
Completed credit card application form
Additional documents as requested by the bank

Additional Info

Global Assistance: 24/7 Visa Global Cardholder Assistance Services (lost & stolen reporting, emergency replacement, medical/legal referrals)
Rewards Points: YOUR Privilege Loyalty points earned on every spend, redeemable for airline tickets, hotel stays, gift vouchers, and merchant discounts
Exclusive Offers: Time-Out lifestyle offers and merchant discounts globally
Zero Renewal Effort: No minimum spend required to retain card; fee applied on issuance anniversary