The Mawarid Falak Tayyeb Platinum Credit Card is based on the two Islamic banking modes i.e. Murabaha & Wakalah. This Mawarid Finance Credit Card offers plenty of exclusive benefits, offers, and privileges to meet the cardholder’s everyday needs. In addition to this, this card is accepted globally, helping its cardholder to make the most of it.
Features & Benefits of the Mawarid Falak Tayyeb Platinum Credit Card
The Mawarid Falak Tayyeb Platinum Credit Card is one of the best Islamic credit cards as it has the best features and benefits that make it ideal for all types of spenders. Following are the key features & benefits of this credit card:
Competitive Profit Rate: Instead of charging an interest rate, this Murahaba based Islamic credit card charge profit rate.
Complimentary Airport Lounge Access: With this Mawarid credit card, the cardholder can avail complimentary access to various airport lounges.
Balance Transfer: The cardholder can simply transfer the outstanding balance of their credit card to the Mawarid Falak Tayyeb Platinum Credit Card. Best of all, a member of this credit card can enjoy a 0 percent profit rate for six months. However, a one-time processing fee of 1500 AED will apply.
Easy Payment Plan (EPP): With this Mawarid Finance Credit Card, the cardholder can easily pay for their big-ticket purchases and repay the amount in six equal monthly installments at 0 percent profit rate.
Cash Advance: This Mawarid Finance Credit Card offers the facility of cash withdrawal. The cardholder can withdraw instant cash up to 30% of the available credit limit from ATMs which are displaying the logo of ‘MasterCard’.
Security Service: This credit card ensures a safe and secure transaction as it comes with Chip & Pin technology as well as 3D secure.
SMS Service: The cardholder can avail of complimentary SMS service that enables the card member to keep track of all their transactions, withdrawals, expenditures, and much more. Through this advanced service, the card member can also easily identify any kind of unauthorized use.
Extra Services: The card member will get 24x7 account access via the Mawarid Finance Mobile and IVR.
Payment Options: The cardholder can pay their outstanding dues on the Mawarid Falak Tayyeb Platinum Credit Card using any of the following Payment Channels:
Through the facility of direct debit
Through cheque payments
Through bank transfers
By visiting Kiosk machines at the below-mentioned locations to make cash payments towards their credit card dues with ‘No service charges’.
Mawarid Finance IBRI House
Mawarid Exchange Bur Dubai Branch
Mawarid Finance - Palladium
Mawarid Exchange Abu Hail Branch
The cardholder is simply required to visit any of these exchange houses to make a cash payment towards their credit card due.
Mawarid Exchange
UAE Exchange
Al Ahalia Exchange
Al Ansari Exchange
Al Fardhan Exchange
Orient Exchange
Al Fuad Exchange
Al Ghurair International Exchange
Lari Exchange,
Lulu Exchange
Sharaf Exchange
All these exchange houses are located around the UAE.
Rewards of the Mawarid Falak Tayyeb Platinum Credit Card
The Mawarid Falak Tayyeb Platinum Credit Card enables its cardholder to earn points on their everyday purchases which can be redeemable for cash credits.
Fees & Charges of the Mawarid Falak Tayyeb Platinum Credit Card
Here are the fees & charges associated with this Mawarid Finance Credit Card:
Description
Credit Card Charges
Annual Membership Charges
AED 1.05
Murahaba Profit (per month)
1.75%
Cash Withdrawal Charge (per transaction)
AED 78.75
Wakalah Charge (per annum)
AED 1.05
Charge Of Additional Supplementary Card (per card)
AED 52.50
Foreign Currency Transaction Charge
2.63%
Over limit Charge
AED 525
Late Payment Compensation
AED 157.50
Card Replacement Charge
AED 52.50
Pin Reissuance & Maintenance Charges
No Charges
Credit Card Statement Copy (per transaction)
AED 52.50
Clearance Letter
No Charges
Liability Letter
AED 52.50
Balance Transfer
AED 1575
Request for Increase or Decrease in Credit Limit
AED 52.50
Fee for disputing a genuine transaction
AED 105
Additional Benefits of the Mawarid Falak Tayyeb Platinum Credit Card
The Mawarid Falak Tayyeb Platinum Credit Card also offers some additional benefits that make it even more rewarding. Following are the benefits:
Falak Tayyeb Savers: Member of this Mawarid Credit Card can avail huge discounts and enjoy exclusive privileges across shopping, entertainment, and dining, wellness merchants all over the UAE.
MasterCard App Benefits: The cardholder can enjoy several buy one, get one offers with the MasterCard App, which is available for download at Google play & App store.
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