10% Cashback on Education

10% Cashback on Education Fees!

It's Back to School season!

Get ready! We are offering you up to 10% Cashback to make this academic year even better!

10% Cashback!

For a limited time only, we are offering up to 10%* Cashback on your school/university fees that are paid using your SIB Mastercard Covered Card.

o Up to 10% Cashback on payments above AED 25,000 – capped at AED 1,000

o Up to 5% Cashback on payments below AED 25,000 – capped at AED 500

What’s more?

0%* Easy Payment Plan

You can also pay your fees in installments!

o 6 months installment plan at 0% profit rate and 2% administration fee

o 12 months installment plan at 0% profit rate and 3% administration fee

Whether you’re gearing up for a new academic year or looking to upgrade, now is the perfect time to pay with your SIB Covered Card!

To avail Easy Payment Plan or apply for SIB Covered Card, SMS “EDU” to 6667, call 065999999

Valid till 30 September 2024

Terms and Conditions

Warning:

If only the minimum repayment/payment is made each period, you will pay more in profit/fees and it will take longer to pay off your outstanding balance.

Continuous failure to make the regular payments on time, will expose you to further charges (Late Payment to Charity) and may lead to further legal action by the bank.

Cashback Card

Smiles Cards

Prepaid Cards

Debit Cards

Spend BIG, Earn BIGGER!

Our Card Benefits

10%* Cashback on local and international purchases through online, saved cards on websites and apps, Samsung Wallet, and Apple Pay
2% unlimited cashback on international retail spends
1% unlimited cashback on domestic retail spends
0.5% unlimited cashback on all utility, telecom, supermarkets, hypermarkets, government and education payments

And Much More...

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Start earning with Smiles Covered Card! Apply and get 50,000 Bonus Smiles*

How many Smiles do you have?

16k

32k

64k

128k

Smiles earned

this can earn me

Gift Vouchers (Zara, Sharaf DJ, Magic Planet, Tribes & more)

Airlines Tickets (to London, Manama, Karachi, Boston & more)

5-star hotel stays (Atlantis, Raffles, Four Seasons, Sofitel & more)

Cashback (AED 100 to AED 500)

Online Shopping (electronics, headphone, smartphone & more)

Learn more

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Manage your spending, enjoy peace of mind

Our Card Benefits

Retail purchases and international use.
Online transactions and ATM withdrawals.
A variety of card designs to choose from.

And Much More...

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Tailored to your daily lifestyle

Our Card Benefits

Free UNLIMITED access to more than 27 airport lounges*.
24/7 service via phone and Online Banking, easy ATM utility bill payments.
Secure online shopping, special offers at hundreds of shops and restaurants.

And Much More...

Apply now

Add-ons and bonus features

VIP lounge access in
12
key airports across the Middle East

Explore Unlimited & Complimentary
Mastercard
Offers

Convenient utility
bill payments with SIB Digital App

Product Information

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Write to us and we will get back to you soon.

Compare Cards

We can help you choose the ideal option according to your lifestyle and needs.

Frequently asked questions

Do I need to register to receive the cashback points?

No, you are automatically enrolled in Cashback program once you activate the card.

Shall I earn 10% on all transactions made online or via wallets (Apple Pay or Samsung Wallet)?

All transactions made online or via wallets (Apple Pay or Samsung Wallet) whether domestically or internationally shall earn 10%* Cashback except utilities, telecom, supermarket and education.

*up to AED 300 per month

Can I redeem the points on whatever I spend during the month?

Cashback is calculated once the statement is generated. You can redeem the points earned on the previous statements if total points is equivalent to or greater than AED 100. Redemption can be done through Online & Mobile Banking “SIB Digital” or by calling 065999999.

Is there a minimum spend to qualify for the Cashback?

No, you earn points on every purchase transaction.

Can I make payments on the card using the Cashback points?

Cashback points will not be considered as card payment, it will be credited against the outstanding balance, therefore, it will not offset the minimum payment that you’re supposed to pay against the card.

How much do I need to spend to qualify for fee waiver second year onward?

You must spend AED 10,000 or above to qualify for the waiver. This excludes Balance Transfer, Cash Advances or fees.

When do the Cashback points expire?

Cashback must be redeemed within 36 months from the date you made the transaction.