ADIB Introduces Cashback Covered Card

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, announced the launch of 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% cash rewards while they use the card across a wide range of daily spending categories.

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

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 AED 1,000 in cashback per month, with no minimum spend requirement or no defined caps per category.

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.