ULTRACASH Card
IslamicNo salary transfer needed
No standard waiver; UAE Nationals AED 525 (500 + VAT), expatriates AED 315 (300 + VAT)
Applying happens on the bank's site. Himma may earn a commission at no cost to you.
What it costs.
- Annual fee
- AED 525
- Fee note
- No standard waiver; UAE Nationals AED 525 (500 + VAT), expatriates AED 315 (300 + VAT)
- Monthly rate
- 3.50%
- Effective APRiThe real annual cost when monthly interest compounds: (1 + monthly rate)¹² − 1. It is always higher than monthly rate × 12.
- 51.1%
- Minimum salary
- AED 10,000
- Salary transfer
- Not required
Bank-level rates and FX markups from official schedules of charges live in the UAE credit card rates tool; always confirm current terms in the bank's Key Fact Statement before applying.
What you get.
- Welcome cashback: AED 500 for UAE Nationals / AED 300 for expatriates, upon one retail transaction in the first 30 days of card issuance and payment of the annual fee (not available to re-applicants)
- Select 2 of 4 spend categories (fuel, supermarkets, online shopping, school fees) and earn 5% cashback on both
- UAE Nationals: 10% cashback on fuel for the first 3 months (if fuel is selected), 5% thereafter
- Category cashback capped at AED 500 per category per statement cycle
- 1% cashback on all other retail spending (up to the credit limit)
- Cashback excludes cash advances, Easy Cash, balance transfers, government/money-transfer/wallet top-up transactions, fees and installment-plan transactions; cashback expires 2 years after accrual; redeemed via Mobile Banking
- Complimentary valet parking 3 times a month at over 35 locations
- Free supplementary cards (first 2 free, then AED 50 per annum per card)
- Balance transfer at promotional rates; Easy Cash; 0% installment payment plan at preferred partners
- World's first Mastercard Touch Card: accessible notched design for blind and partially sighted users
- 3.67% processing fee on foreign currency transactions
Educational tool only: not financial advice and not a recommendation of any card. Figures reflect Himma's card catalogue as of July 2026. Banks reprice frequently and individual offers vary by credit profile. Always verify current terms in the bank's Key Fact Statement and schedule of charges, and consult the Central Bank of the UAE's consumer-protection resources before borrowing.