Emirates Investment Bank (Invest Bank) Credit Cards

Minimum Salary
0,00 د.إ

Description

Invest Bank offers two flagship Mastercard credit cards—World Cashback and Platinum Cashback—combining straightforward cashback rewards, competitive financing plans (0% Easy Payment Plan and Balance Transfer offers), transparent fee schedules, and accessible eligibility criteria. Both cards cater to different spend levels and preferences, with clear documentation requirements and no hidden minimum-spend thresholds for earning cashback.

Features

Card Summary

Feature	World Cashback	Platinum Cashback
Annual Fee	AED 1,500	AED 0 (Year 1) / AED 500 (Year 2+)
Joining Fee	AED 0	AED 0
Cashback Rate	3% on all spends (capped AED 1,500/mo)	3% on all spends (capped AED 1,000/mo)
Monthly Profit Rate (Retail)	3.33%	3.29%
Monthly Profit Rate (Cash Advance)	3.33%	3.29%
Interest-Free Period	25–55 days	25–55 days
Minimum Payment	5% of balance or AED 100	5% of balance or AED 100
0% Easy Payment Plan (EPP) Tenors	3, 6, 9, 12 months; 1% fee for 24 mo	3, 6, 9, 12 months; 1% fee for 24 mo
Balance Transfer Promo	0% for 3, 6, 9 months; 1% fee for 12 mo	Same as World Cashback
Foreign Currency Fee	2%	2%
Cash Advance Fee	3% of amount (min AED 99)	3% of amount (min AED 99)

(All rates and fees inclusive of VAT).

Detailed Schedule of Fees

Fee Type	Amount
Late Payment Fee	AED 100
Overlimit Fee	AED 100
Card Replacement	AED 75
Supplementary Card (4+ cards)	AED 100 per card
Duplicate Statement	AED 50 per copy
Copy of Sales Voucher	AED 50 per request
PIN Replacement	AED 25
Returned Cheque Charge	AED 100
Liability Certificate	AED 50
EPP Early Settlement Fee	AED 0 (no early settlement fee for 3–12 mo)
Balance Transfer Early Settlement Fee	AED 0 for 3–9 mo; AED 1% fee for 12 mo
Cash to Account Transfer Fee	AED 100 or 1% of amount
Credit Shield Insurance (optional)	1% of outstanding balance per month

Eligibility Criteria

Age: 21–65 years
Residency: Valid UAE residency visa and Emirates ID
Income: Minimum monthly salary AED 10,000
Employment: Salaried with salary transfer to Invest Bank or self-employed with audited financials
Credit Profile: Clean Al Etihad Credit Bureau record

Documents Required

Copy of passport with valid UAE residency visa
Copy of Emirates ID (front & back)
Salary certificate (for salaried applicants) and employment contract
Last 3 months’ bank statements
Salary transfer mandate (for payroll applicants) or audited financials (self-employed)
Completed credit card application form

Additional Info

Cashback Rewards

Flat 3% cashback on all eligible purchases (domestic and international)
Monthly caps: AED 1,500 (World), AED 1,000 (Platinum)
Automatic credit of cashback in next statement cycle

0% Easy Payment Plan (EPP)

Convert any purchase ≥ AED 1,000 into 3, 6, 9, or 12 monthly installments at 0% profit
24-month tenor available at 1% processing fee
No early-settlement fees on 3–12 month plans

Balance Transfer

Transfer outstanding balances from other UAE bank cards
0% profit for 3, 6, or 9 months; 1% fee for 12 months
Up to 80% of available credit limit

Travel & Lifestyle Perks

Complimentary lounge access via DragonPass (World) and discounted access (Platinum)
Careem ride credits and partner discounts on dining, retail, and entertainment
Emergency card replacement and 24/7 global assistance
Concierge services for travel and lifestyle (World)