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Dubai Islamic Bank

SHAMS Signature Covered Card

The SHAMS Signature Covered Card is a travel credit card from Dubai Islamic Bank. It has an annual fee of AED 523.95, and needs a minimum salary of AED 5,000 a month.

Annual fee

AED 523.95

Joining fee

Free

Min. salary

AED 5,000/mo

Rewards in

Wala'a Rewards

Card highlights

  • Earn 10 Wala'a Rewards per AED 1 on dining and travel, 3 on international spend, 2.5 on local
  • 8 airport lounge visits/year (1,200+ lounges) plus 2 airport transfers and 2 valet parkings/month
  • Travel and medical cover up to USD 500,000 for cardholder, spouse and up to 5 children
  • Redeem Wala'a Rewards for flights, hotels, cashback or transfer to Etihad Guest and Qatar Avios

Earn rates

CategoryRate
Travel5%
Dining & food5%
International spend1.5%
Retail1.3%
Transport1.3%
Online shopping1.3%
Supermarket0.2%
Fuel0.2%
Utilities0.2%
Education0.2%
Real estate0.2%

Current welcome offer

Earn 100,000 bonus Wala'a Rewards on new cards issued by 30 Jun 2026

  • 100,000 Wala'a Rewards (about AED 500) for spending USD 10,000 within 90 days
  • 20% cashback on Amazon, noon, Talabat, Deliveroo and Dubai Now for the first 3 months
  • Cashback capped at AED 20 per merchant per month (AED 120/month, AED 360 over the offer)
  • New cardholders only, card issued by 30 Jun 2026

Expected offer expiry: June 2026

Every card is checked against official bank sources. Last updated June 2026.

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