| Banky Account Fees & Charges | Fee (AED) without VAT |
| Monthly Fee | Free |
| Virtual Card Issuance (Coming Soon) | Free |
| First Physical Card Issuance (Coming Soon) | Free |
| Physical Card Replacement (Lost/Stolen) (Coming Soon) | AED 25.00 |
| Virtual Card Renewal (Every 5 Years) | Free |
| Physical Card Renewal (Every 5 Years) | Free |
| Mbank ATM – Balance Inquiry | Free |
| Mbank ATM – Cash Withdrawal using Emirates ID | Free |
| Mbank ATM – Cash Withdrawal using QR Code | Free |
| Mbank ATM – Cash Withdrawal using Debit Card (Coming Soon) | AED 1.00 |
| NON – Mbank ATM – Cash Withdrawal | AED 2.00 |
| P2P Transactions | Free |
| Fund Transfer to Mbank Account | AED 2.00 |
| International Remittance | Subject to LuLu Exchange |
| Cash Deposit via Mbank ATM | Free |
| Cash Deposit via Agent | Free |
| Annual Fee | Free |
| Closure Fee | Free |
Insurance
Global
Complete Peace of Mind.
Comprehensive insurance cover.
Benefits
Multi-trip Travel Insurance (MTTI)
- Personal Accident cover worth $2.5 Million internationally* and $500,000 for domestic travel
- Provides unlimited cover for medical emergency and evacuation
- Trip cancellation (health related $20k); Trip delay after 4hrs ($75 per hour, max $1k); missed international departure ($1.5k); missed international connection ($500); Baggage delay outbound only after4hrs (upto $300 per hr max $10k); loss of money ($500) & loss of travel docs ($1k); Personal property $10k, Hijack ($250 per day max upto $5k, Legal expenses $7.5k; Bail Bond $7.5k. Deductible applies.
Collison Damage excess Waiver (CDW)
- In the event a Cardholder is liable to reimburse a licensed rental agency for costs arising from material damage to a Rental Vehicle during the period of hire
- Provides cover to Rental Vehicle worth up to USD170,000 and rented for a maximum 31 consecutive days
Buyers Protection
- Provides protection from theft & damage on new purchases for eligible items within 365 days of the purchased date
- Offers cover of upto $10,000 per occurrence and $25,000 aggregate limit per annum
Extended Warranty (EW)
- Cardholders benefit for upto 12 months over and above manufacturers warranty
- Offers cover of upto $5,000 per item & upto $25,000 aggregate limit per annum
Fraudulent Card Misuse Protection
- All Infinite Privilege cards are protected against unauthorized transactions or fraudulent use of their card by unrelated third parties
- This insurance benefit will provide reimbursement up to $3,000 per occurrence with USD 5,000 annual aggregate limit for cardholders
- Cover applies to
- Unauthorized charges as a result of loss or theft of their Visa Infinite Privilege card*
- Unauthorized charges are made on the Cardholders’ Bank Account and/or Credit Account, when the Visa Infinite Privilege card remained in the cardholder’s possession, through*: in-store, telephone, ATM withdrawals, on-line purchase(s), by using cardholders’ eligible card information, *Fraudulent Card Misuse Protection T&Cs apply
Travel Insurance Certificate
- Coverage for Cardholder + Spouse + 5 children (age 2 to 18yrs)
- Max 90 days trip duration
- Call VIP Concierge for assistance or log onto portal: https://cardholderbenefitsonline.com/
T&Cs
- Please refer to the terms and conditions for full policy details, including cover, conditions, limits and exclusions by visiting https://Cardholderbenefitsonline.com/search-service (Access code: Aspire2016)
- Cardholder should call VIP Concierge or their bank to retrieve the relevant insurance documents for the insurances provided. Please note, concierge cannot advise on cover. Concierge can download relevant documents – Certificate, T&Cs, and send via email to the cardholder for completion if needed.
- Travel Insurance certificate: Family must be travelling together with Cardholder. A minimum of 50% of expenses must be paid by VIP card
- For Fraudulent Card Misuse: Cardholder must report unauthorized charges, loss or theft of the card to the issuer immediately and provide written notice of the claim within 30 days
- Offer is valid until end May 2026
- Disclaimer: Cardholder benefits are correct at the time of publication, but Visa reserves the right to add, remove or change benefits from time to time.
