SimplyLife Cashback Credit Card
Last Updated on 18 October 2019
This product is valid by the Bank
- Can get a loan against your credit card
- Get travel and movie benefits
- Interest rate of 3.25% is charged
- A minimum salary of AED 8000 is required
- Can avail balance transfer facility
- Simply life credit card is provided for no annual fees
- Get access to Marhaba airport lounge(Dubai) and Diamond airport lounge(Abu Dhabi)
- Pay any bill for no charge
- No currency conversion charges involved in currency exchange
- Can avail easy installment plan at very low rates
- Can avail credit shield
- Get up to 1.5% cash back on every purchase made using SimplyLife Credit Card
- Buy movie tickets and get 100% cashback
Frequently Asked Questions
Q. What is the maximum tenure the easy installment plan is provided for?
A. The easy installment plan is provided for a maximum tenure of 2 years.
Q. Are there any over-limit charges added?
A. Yes, AED 288.75 is charged as the over-limit fees.
Q. What are the charges for card replacement?
A. AED 99.75 is charged to get a new card.
Q. What are the charges for credit shield?
A. 1.03% of the outstanding balance is charged as the credit shield charges.
Q. Is it mandatory to get credit shield?
A. No, availing credit shield service is optional.
Q. What are the charges for getting a printed paper statement for the transactions?
A. You can get printed statements for AED 5.25 per each statement.
Q. Can I increase my credit limit if needed?
A. Yes, your credit limit can be increased for a temporary period.
Q. What are the fees for increasing the credit limit?
A. AED 52.50 is charged for a temporary increase of the credit limit.
Ask questions and share your comments
We encourage our users to have discussion on questions they might have on financial products and help other users by sharing their insights. Kindly help us in making this site useful. We don't encourage any spam posts here. This is a public forum, so we request you to be safe by not disclosing personal information such as bank account or phone numbers etc. Please follow our posting guidelines. All the comments posted under MyMoneySouq official account are not reviewed by the financial institutions.