Deem Bank

Deem Bank, ranking among the leading banks and financial services providers in the UAE, is widely recognised for providing affordable and simple-to-use investment services and products. Whether you are searching for credit cards with excellent offers, loans with affordable interests, or accounts to deposit and grow your savings, you will find them all at Deem Bank. 

Given below is a detailed description of the services and products provided by Deem Bank, and the associated features.

Deem Bank Offerings

Here is a list of the major products and services offered by Deem Bank:

Online and Offline Features of Deem Bank

Owing to its official website that allows easy access to several services, the online banking experience has been greatly simplified with Deem Bank. The following are some of the key online and offline features of Deem Bank.

1. Online features

• Wide range of credit cards to choose from and apply
• Quick and Hassle-free Personal Loans at competitive interest rates
• Deem Cash-up and Miles-up points on using Deem credit cards – points redeemable later for additional benefits and perks

2. Offline features

• Multiple Cash-collecting machines available
• Easy-to-contact customer service

Deem Cash-up Credit Cards

Given below are some of the major benefits associated with Cash Up and Miles Up Credit Cards of Deem Bank.

1. Deem Titanium Cash Up Card

• Benefits and Offers
  • Easy access to airport lounges at over 10 locations in the Middle East and the Levant
  • Attractive deals and discounts on dining, tourist destinations, theme parks, and other locations on the Deem Offers smartphone application
  • 900+ MasterCard Buy One Get One deals available at over 90 locations and 600 shops
  • Monthly discounts of 20% on up to 3 Careem trips
  • Purchasing groceries and stores, paying utility bills, buying fuel, government services, and other retail transactions will provide you with up to 3% Cash Up points
  • Discount of up to a 15% with Avis vehicle rentals
  • Dual Secure Protection by Deem Bank

2. Deem Platinum Cash Up Card

• Benefits and Offers
  • Access to premium airport lounges at over 25 locations in the Middle East and the Levant
  • Exciting offers and discounts on dining, theme parks, entertainment, and other locations with the Deem Offers smartphone application
  • Cleartrip discounts up to 30% on bookings related to flight tickets, roundtrips, hotel accommodations, and more
  • Up to 4 complimentary valet parking services per month at select locations
  • Discounts of 20% on up to 3 Careem trips every month
  • Cash Up points on expenditures related to groceries and stores, utility bills, fuel, government services, and other retail transactions, with Cash Up of up to 10% at department stores
  • Avis vehicle rentals can be accessed at up to 15% discount
  • Complimentary 2-year MyUS premium subscription for easy online shopping from over a million US-based retailers
  • Purchase Protection for financial protection in the event of theft or damage

3. Deem World Cash Up Card

• Offers and Benefits
  • Access to more than 1,000 airport lounges access around the world
  • Serviced onefinestay deluxe apartments in Florence, New York, San Francisco, Los Angeles, Sydney, Rome, Milan, Paris, and London at up to 10% discount
  • Insurance coverage provided for both travel inconvenience and medication
  • Complimentary Hertz Gold 5-star membership for various airport and flight ticket offers
  • Travel related discounts with Cleartrip
  • Discount of 20% on up to 3 Careem trips in a month
  • Complimentary valet parking up to 6 times per month at select locations
  • Rewards on rooms, meals, and more when booking hotels or resorts with Lushescapes
  • Offers Deals and discounts on dining, tourist sites, theme parks, and more with the Deem Offers smartphone application
  • Access to Avis vehicle rentals with up to 25% discount
  • Up to 10% Cash Up points on buying flight tickets and similar Cash Up points on expenditures related to groceries, fuel, utility bills, government services, and so on
  • Free stays at over 200 Marriot Bonvoy partner resorts in the Middle East and Africa

Miles-up Credit Cards

1. Deem Titanium Miles Up Card

• Key Benefits
  • Enjoy access to airport lounges at over 10 locations in the Middle East and the Levant
  • Opportunity to avail of exciting offers and discounts with the Deem Offers smartphone application
  • 900+ MasterCard Buy One Get One deals at over 90 locations and 600 shops
  • Monthly discounts of 20% on up to 3 Careem trips
  • Miles Up points on various retail, fuel, government services, and other transactions 
  • Avis vehicle rentals available at a 15% discount
  • Dual Secure Protection by Deem Bank

2. Deem Platinum Miles Up Card

• Major Benefits
  • Across the Middle East and the Levant, you can avail of airport lounge access at over 25 locations
  • Easy-to-use Deem Offers smartphone application for a vast range of attractive deals and discounts
  • Up to 30% discount with Cleartrip on roundtrips, flight tickets, hotel stays, and more
  • Complimentary access to valet parking
  • Discount of 20% every month on up to 3 Careem trips
  • Earn Miles Up points on making payments for utility bills, groceries, fuel, government services, and other retail transactions
  • Avis vehicle rentals at a 15% discount across the world
  • Complimentary 2-year MyUS premium subscription
  • Purchase Protection for financial protection in the case of damage, theft, and so on

3. Deem World Miles Up Card

• Highlights
  • Airport lounge access available at over 1,000 locations across the globe
  • Serviced onefinestay deluxe apartments in San Francisco, Los Angeles, Sydney, Rome, Milan, Florence, New York, Paris, London, and more at up to 10% discount
  • Insurance coverage offered for travel inconvenience as well as well travel medication
  • Enjoy complimentary Hertz Gold 5-star membership with Deem World Miles Up Card
  • Up to 10% discount on bookings made with Cleartrip
  • Up to 3 Careem trips at discount of 20% per month
  • Complimentary valet parking across leading locations
  • Attractive rewards on Lushescapes bookings
  • Access to Deem Offers smartphone application for multiple rewards and discounts
  • Avis vehicle rentals at up to 25% discount
  • Miles Up points on various retail transactions
  • Free stays at over 200 Marriot Bonvoy partner resorts in the Middle East and Africa

Loans

With Deem Bank loans, here is what you get for benefits.

1. Deem Personal Loans

Deem Bank offers Personal Loans at competitive interest rates that can help you make the purchases of your choice without concerning about financial constraints. 

• Features
  • With their online application or website, getting approval for a Deem personal loan can be done quickly and without any hassles
  • Flexible repayment tenure for Deem Bank personal loan ranging from 1 to 4 years — this allows users to fit the loan into their budget while managing other expenses without additional stress
  • Users are allowed to pay instalments from the bank account of their choice if they are Deem Bank customers without requiring a salary transfer
  • With the Deem Credit Life Plus feature, the outstanding balance of a loan is taken care of in case the loan payee dies or becomes terminally ill 
  • Deem Credit Life Plus also covers repatriation expenses in the case of a customer's death

Deposits

Besides attractive interest rates, the following are some key features of Deem Bank deposits.

1. High Yield Deposits

• Features
  • You can open an account at a minimum deposit amount of just AED 1,000
  • Interest rates as high as 3.5% per annum
  • Both AED and USD deposits accepted
  • Flexible deposit plans with tenures ranging from 12 to 120 months, allowing you to invest for both long-term and short term as per your choice 
  • Users are paired up with a Deem Bank relationship manager who will help you find the best solution for any deposit need that comes up and keep you informed about the status of your money
  • Multiple Repayment Options are offered on maturity

Note: You won't be able to withdraw your money from a Deem High Yield Deposit account before the maturity date.

2. Corporate Deposits

• Features
  • With Deem Bank Corporate Deposits, you can earn more than a regular current account with an interest rate of up to 2.5% per annum 
  • Flexibility in tenure of the deposit between 12 and 120 months 
  • Deem Corporate Deposits offers loans against your current deposit as well as urgent accessibility to your funds
  • Customers are paired up with a relationship manager who will work with them one-on-one regarding solutions for their deposit needs

Other Services

Besides the excellent range of credit cards, loans, and deposit accounts, several other services are provided by Deem Bank which are defined below.

1. Easy Payment Plans

When you make a purchase of AED 250 or more using your Deem Credit Card, simply select the ‘EPP’ option at checkout. This will provide you with the choice to convert that transaction into affordable monthly instalments over a tenure of your choice between 3 and 12 months. With this feature, you can easily make big purchases without stressing about arranging a large lump sum amount at once.

2. Offers and Deals

With the partnership of Deem Bank with your favourite brands and retailers, you can enjoy various benefits when you use the wide range of Deem Bank credit cards. And that’s not all, as you can also access exclusive deals and offers when using your credit card with the associated retailers.

3. Payroll Solutions

To ensure the contentment of your employees with the provision of wages on time, Deem Bank allows you to automate the process of paying your employees through the Wages Protection System or WPS. This service is easy to install and saves you effort and time while improving the satisfaction of your employees. Deem Bank WPS is widely recognised as a safe and cost-effective method of paying employee salaries.

4. Financial Guarantees

With Deem Bank Financial Guarantee, you can start making the most of your business savings. Whether you're a part of a small business or a large corporation, Deem Bank allows you to get the most out of your savings with an interest ranging up to 3.5% per annum on your deposit.

Deem Customer Care

Deem Bank is committed to fast and reliable customer service. Here is how you can contact Deem Bank Customer Care.

• Customer Care Mail Address: customercare@deem.io
• 24-hour Customer Service Contact Number: 600 525550

You can check the various products and services offered by Deem Bank on their official website. For the same purpose, you can also continue on policybazaar.ae and explore the relevant sections like ‘credit cards’, ‘loans’, etc. On our website, you can easily explore, compare, and buy the financial product of your choice from among the best providers in the UAE.

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