Schedule of Charges

General

Payment due date 26 days from statement date
Minimum payment due 5% or AED 100 whichever is higher as mentioned in the statement of account.
Cash Advance 80% of the credit limit

Fees

Credit Card Fees  
Annual Membership fee First Year Renewal
Amazing World Card AED 1,500 AED 1,500
Amazing Platinum Card* Free Free
DubaiFirst Miles Exclusive Visa Infinite Card AED 1,500 AED 1,500
DubaiFirst Miles Visa Platinum Card AED 750 AED 750
DubaiFirst Miles Titanium Card AED 400 AED 400
Dubai Moments Platinum Card** AED 200 AED 400
Dubai Moments Titanium Card** AED 100 AED 200
Platinum Life Card Free AED 550
Platinum Rewards Card Free AED 550
Silver Visa Card N.A. AED 200
Gold Visa Card N.A. AED 400
Classic MasterCard N.A. AED 200
Gold MasterCard N.A. AED 400
Emirati Card Free AED 750
Titanium Life Card/ Dubai First Cash Back Card (Cards issued from 1st June to 30th August, 2017 will not be charged First Year or Renewal Fee as a limited time special offer) AED 400 AED 400
Business Card AED 500 AED 500
Supplementary Card NIL NIL
     
Other Credit Card Fees  
Card Replacement Fee - consumer cards AED 50
Card Replacement Fee - Business Card AED 100
Over Limit Fee AED 225
Late Payment Fee AED 249
Cash Advance Fee (Includes Transactions at Exchange houses) 3% of cash advance amount or AED 100 whichever is higher
Liability Letter Fee AED 100
No Liability Letter Fee AED 100

Cheque Photocopy

Less Than One Year Old

Over One Year Old

 

AED 10

AED 20

Reference Letter AED 50
Sales Draft Copy AED 25

Duplicate Statement Fee

Current

Previous

 

Free

AED 25/ statement

Dial-a-Cheque 2.5% of cheque amount or AED 25 whichever is higher
Credit Shield Up to 0.95% on the outstanding amount***
Accidental Insurance 0.25% on the outstanding amount or AED 30, whichever is higher
Price Protect AED 10 per month
Cheque Issuance Fee AED 20
Cheque Reissuance Fee AED 20
Returned Cheque Fee AED 100
Stop Cheque Payment AED 50
Transaction Dispute Charges AED 25
Courier Fees**** AED 20
Processing Fee For Non-AED Transactions 3.5%
Processing fee for AED International transaction 1.5%********
 

****Courier Fees will be levied subject to customer's explicit request for documents to be couriered to him/her. Wherever the standard service suggests, documents will either be collected from the branch or posted through regular mail.

********Will be levied on international transactions (Transactions outside of UAE) where the cardholder chooses to pay the merchant in AED w.e.f 31st July 2017

***Card members are automatically enrolled for Credit Shield provided on the Dubai First Credit Card. The benefit is free for 1 month only, thereafter the charge will apply. Opt out anytime, by calling our Call Center on 04 5068888.

Special Payment Plans

 
Flat monthly interest rate
Tenure(months) 3 6 9 12 18 24 36
Loan on Phone Up to 2.49%*****
Easy purchase plan Up to 2.49%*****
Balance transfer Up to 2.49%*****
Early settlement fee AED 100 (plus applicable interest charges)
Processing fee Up to 5% or AED 100 whichever is higher
Processing Fee Charges******
Processing fee (participating merchants) 1% 1% 2% 2%      
Processing fee for Buy Now-Pay Later program (Non-participating merchants) AED 1k - AED 10k - 1% AED 10k & Above - 1.5% NA NA NA      

*****Call 04-506 8888 for special pricing offers

Finance Charges

Consumer Cards

Monthly finance charge  Variable between 3.19% - 3.59%*****

Finance charges on your outstanding revolving balance will be variable between 3.29% - 3.59% per month w.e.f 1st May 2017.

******Monthly finance charge may increase to 3.59% due to any of the following reasons:

  • We do not receive at least the minimum payment by the payment due date
  • You exceed your credit limit
  • You make a payment to us that is not honoured by your bank

 

Business Card

Spend category

Finance Charges

Retail and Cash transactions

 3.19% per month

The annual interest rates may increase in case of late payment as follows:

  • 1 late payment: 0.50%
  • 2 late payments: 0.75%
  • 3 late payments: 1.00%

 

OTHER BUSINESS CARD FEES

Convenience Cheque or Fund Transfer processing fee  3% of the booking amount or AED 100, whichever comes higher
Early settlement of Convenience Cheque or Fund Transfer AED 100 (plus applicable interest charges)

 

PERSONAL LOANS FEES

Personal Loan Fees  
Personal Loan Processing Fee 1% (Min. AED 500 and Max. AED 2,500)
Personal loan Interest Rate (Reducing Balance) From 21.00% Onwards
Insurance 1%
Early Settlement (Own Funds) 1% of the remaining balance
Early Settlement (Buyout) 1% of the remaining balance
Partial Payment 1% of the partial payment amount
Loan Top-up 1% (Min. AED 500 and Max. AED 2,500)
Late Payment Interest 2% of the delayed amount
Loan Cancellation Fee AED 100
Loan Re-scheduling Fee AED 250
Liability Letter Fee AED 100
Returned Cheque Fee AED 100
Loan Deferment Fee AED 100
 
**Courier Fees will be levied subject to customer's explicit request for documents to be couriered to him/her. Wherever the standard service suggests, documents will either be collected from the branch or posted through regular mail.

Terms and Conditions

Use of Dubai First credit cards will be governed by credit card terms and conditions. For more information please call us on (04 506 8888). All charges are subject to change from time to time at the sole discretion of Dubai First.

*Offer valid for a limited time

**New Annual Membership fee charges on the Dubai Moments Credit Card will be effective 6th June, 2016

****Effective 1st October, 2015.

*******Monthly Finance Charges are effective from 28 February, 2016