CBD VIP Visa Signature Credit Card

CBD One VIP Visa Signature Credit Card empowers the user with spending power and various exclusive privileges such as free access to an airport lounges, valet parking facility,  complimentary insurances, and much more. Additionally, this CBD Credit Card lets its card members to avail cash back across several places. It is a one of a kind credit card that can be personalized as per the customer’s needs – from design to benefits, even the monthly plan is tailor-made.

Features and Benefits of the CBD One VIP Visa Signature Credit Card

Here’s a list of all benefits and features offered by this CBD credit card:

Balance Transfer

This CBD credit card offers the advantage of easy balance transfers. The cardholders can easily transfer a high-interest debt from other bank’s credit card to the CBD One VIP Visa Signature Credit Card at a low interest rate.

Easy Payment Plans

The CBD One VIP Visa Signature Credit Card allows its users to breathe easy while making big purchases. With this card, the cardholders can convert their purchases into flexible 0% monthly instalments and enjoy the interest-free shopping for a pre-defined period.

Quick Cash

The facility of cash on-call can be availed by the members of this CBD credit card.

Valet Parking Facility

With this CBD credit card, the cardholder can enjoy 2 free valet parking services at some selected locations on a minimum spend of AED 5,000 in a calendar month.

Key Features

Applying for the CBD One VIP Visa Signature Credit Card comes with a wide range of exclusive benefits and offers. Card members can choose and customize the design of their card from the CBD one art gallery.

Flexibility

CBD one cards offer tailored and flexible services that allow cardholders to change, pause or switch their current plan at any instant.

Airport Lounge Access

With the CBD One VIP Visa Signature Credit Card, the cardholder can avail access to 8 airport lounges per year, and this access can be easily activated by incurring one non-AED spend on the card. 

Extended Warranty

Using this CBD credit card, the card member can avail an option of extended warranty. The individual can double the repair period offered by the original manufacturer of the product for up to one year.

Purchase Protection

The cardholders can also get their purchases insured against thefts and accidental damages.      

Supplementary Cards

The card members can opt for a supplementary card for their children or spouse as per the policy of the bank.

Rewards and Offers on CBD One VIP Visa Signature Credit Card

Here’s a list of the top rewards and offers that can be enjoyed by the members of this credit card:

Cashback

The cardholders can avail total monthly cash back of AED 500 at various places including:

• Airbnb
• Booking.com
• Noon
• Amazon
• iTunes
• Uber
• Careem
• Zomato
• Talabat
• Deliveroo
• Netflix
• Prime Video
• Spotify
• VOX Cinemas
• Reel Cinemas
• Roxy Cinemas
• Starbucks
• Caribou Coffee
• Tim Hortons
• Costa
• Class Pass
• Fitness First
• Book My Show
• Cafu
• Instashop
• Namshi
• Kibsons

They simply have to use their card at these places to receive the full amount back of up to AED 500.

Discounts with CBD App

The card members can enjoy discounts at more than 500 places across the UAE by using the CBD app.

Meet and Greet Discounts

The cardholders can enjoy a discount of 30% on the meet and greet services. 

Discounts with Hotels.com

The cardholder is provided with an offer to obtain a discount of 8% on the official website of hotels.com.

Offers with Agoda

With the CBD One VIP VISA Signature Credit Card, the card members can make use of discounts of up to 12% on the official website of Agoda.

Eligibility Criteria to Apply for CBD One VIP VISA Signature Credit Card

 To get CBD One VIP Visa Signature Credit Card an individual should:

1. be a resident of UAE
2. be of 21+ years
3. earn a minimum salary of AED 8,000

Fees & Charges on CBD VIP Visa Signature Credit Card

Mentioned below are the various fees and charges applicable to this CBD Credit Card:

Fees and Charges	Amount
Monthly Fees for One VIP Plan	AED 99
Minimum Spend for One VIP Plan	AED 15,000
Card Replacement Fee	AED 75
Late Payment Fee	AED 209
Over Limit Fee	AED 209
Retail Interest Rate	3.45% per month
Cash Interest Rate	3.49% Per month
Foreign Transaction Fee	2.75%
Cash Advance Charges	3%
Credit Shield Insurance	0.89% monthly of the outstanding balance
Liability Issuance Letter	AED 50
Sales Slip Copy	AED 25

(Updated as of October 5, 2020)

FAQs on CBD One VIP Visa Signature Credit Card

Q1: Does CBD One VIP Visa Signature Credit Card allow its customers to avail free access to airport lounges?

Ans: Yes, CBD One VIP Visa Signature Credit Cardholders can enjoy free accesses to 8 airport lounges per calendar year.

Q2: What happens if the expenses on my card go over the credit limit?

Ans: If the expenses on your card account go beyond your pre-decided credit limit, an over-limit fee will be charged (that is AED 209). This fee is billed one time in your billing cycle.

Q3: Is there any minimum spend limit associated with the card? If yes, what happens if I fail to reach the limit?

Ans: Yes, the minimum spend limit associated with this CBD One VIP Visa Signature Card is AED 15,000. Apart from this, to waive off the monthly fee of the card, you must spend at least AED 22,000 in a month.

In case you fail to reach the min. spend limit of AED 15,000, the bank will automatically adjust your benefits to another plan matching your spend.

Q4: What happens if I fail to pay the billed amount by the due date?

Ans: In case you fail to pay the billed amount on or before the due date, a late fee fine along with the finance charges will be charged. This will also impact your credit Score. Therefore, it is advised that if not the entire outstanding balance, you must at least make the minimum payment.

Q5: What happens if a cardholder fails to maintain the minimum retail spend condition for a calendar month in which the benefit of valet parking was availed?

Ans: If a cardholder fails to maintain the minimum retail spend criteria for a calendar month in which the benefit of valet parking was availed the next statement of the credit card will include the charges of the benefit.