Abu Dhabi Islamic Bank (ADIB) in collaboration with MasterCard has introduced a MasterCard ‘Spice Card’ for Non Resident Indians (NRIs) and Non Resident Pakistanis (NRPs), based in the UAE.
The newly launched card offers a range of offers and discounts, which includes 9% cashback on all dining spends, 7% cashback on all supermarket spends, 4% cashback on fuel and 1% cashback on utility bills.
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The cashbacks, which applies on all the expenses, enables customers to earn up to 2 reward points for every AED 1 spent on other merchant categories.
The bank said that a monthly expense of AED 3,000 is required on the MasterCard Spice Card to get the cashback offers a maximum cashback of AED 50 on utility payments, AED 200 on restaurant bills, AED 50 on fuel and AED 100 on purchases from supermarket.
ADIB head of retail for expat banking Venkatesh Srikantan said: "As a customer-centric Bank, it is of utmost importance for us to design value added products that suit their financial needs."
MasterCard senior vice president and general manager of UAE Eyad Al Kourdi said: "With the Spice Card, cardholders can look forward to an even more rewarding payments experience."
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By GlobalData
