Emirates Islamic – RTA Card
Minimum Salary
AED
Islamic Finance
Yes
Cashback
Yes
Annual Fee
AED 0
Salary Transfer
No
Rate
3.49%
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Key Benefits

Fuel Purchases

  • Receive a 10% cashback on fuel expenses.

RTA Transport Payments

  • Enjoy a 10% cashback on payments made for RTA transport services.

Guaranteed Cashback on All Expenses

  • Earn up to 2.25% cashback for every AED 1 spent.

Integrated Nol Card

  • Built-in Nol card for seamless access and payments on the RTA transport network.

Reward Benefits

  • Up to 10% Cashback:
    • RTA Transport Payments: 10% cashback, capped at AED 100.
    • Fuel Stations: 10% cashback, capped at AED 100.
    • International Spends: Up to 2.25% cashback with no limit.
    • Domestic Spends (Base Cashback): Up to 1.25% cashback with no limit.

Cashback Redemption

  • Redeem your cashback points instantly via Online Banking or our Mobile Banking app. Simply:
    • Log in to your Emirates Islamic account through Online Banking or Mobile Banking.
    • Click on ‘Cards’.
    • Tap on ‘Rewards’.
    • Select ‘Redemption’ and submit your request.

Additional Benefits

  • Facilities on the RTA Credit Card:
    • Free movie tickets at Reel Cinemas.
    • 15% discount on Emaar Entertainment attractions.
    • Emergency cash and card replacement services.
    • Extended warranty on purchases.
    • Purchase protection.

Salary Requirement

  • AED 5,000 for UAE Nationals.
  • AED 10,000 for Expats.

 

Calculator Terminology

Principal Amount: The initial amount of money borrowed.

Annual Interest Rate (%): The yearly interest rate applied to the loan or credit product, also known as APR in this context.

Loan Term (Years): The original duration of the loan or credit agreement, stated in years.

Effective Monthly Payment: The total monthly payment that accounts for all fees and associated costs related to the product.

Calculated Annual Percentage Rate (APR): The APR is computed using the annual interest rate along with fees and other expenses. It serves as a standardized measure for comparing the overall cost of different products with varying interest rates and fee structures across different financial institutions.

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