Abu Dhabi Islamic Bank unveils Cashback Covered Card for customers

By Shilpa Annie Joseph, Official Reporter
  • Follow author on
ADIB launches innovative campaign
Rep. Image | Courtesy: ADIB

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has launched its new Cashback Visa Covered Card, signifying an expanded role for cards in the bank’s retail strategy.

The new card is considered one of the industry’s best cash-back cards and offers customers the opportunity to earn 4 percent cash rewards while they use the card across a wide range of daily spending categories.

This new addition to ADIB’s diverse Covered Card portfolio is a testament to the bank’s dedication to providing outstanding service to our customers and staying adaptive to their evolving banking needs.

According to the statement, “Designed with customers’ needs in mind, the new Cashback Covered Card rewards customers with extensive cashback value when they use their cards for everyday expenses.”

Further, it offers a cashback value on various daily spend categories, including grocery and supermarket, fuel and automobile, school and education payments, dining, and utility as well as telecommunications payments​​​.

The bank also offers world-class online, mobile, and phone banking services, providing clients with seamless digital access to their accounts 24 hours a day. ADIB provides retail, corporate, business, private banking, and wealth management solutions.

With no limit on categories, this card is a simple and straightforward option for those who want a high-value cash-back card for their daily purchase.

“Additionally, customers will have the opportunity to earn up to $272 (AED 1,000) in cashback per month, with no minimum spend requirement or no defined caps per category,” as per the statement.

Related: Mastercard & Bankiom unite to issue virtual prepaid cards across GCC region