EMIRATES ISLAMIC SKYWARDS CREDIT CARD - UPFRONT …

EMIRATES ISLAMIC SKYWARDS CREDIT CARD - UPFRONT BONUS SKYWARDS MILES

CAMPAIGN TERMS AND CONDITIONS

Offer Details:

Upfront credit of Skyward Miles on payment of the Joining fee & Membership Fee Emirates Islamic Skywards Infinite: ? Upfront credit of 100,000 skywards miles on payment of Campaign joining fee (AED 2,000/-) & Annual Membership fee (AED 999/-) ? Customer needs to make monthly minimum retail spend of AED 12,500 or have an average retail spend of AED 12,500 in the last 3 months; for the next 12 months. ? If the minimum spend criteria is not met than customer will be charged a fee of AED 500/- for the respective month Emirates Islamic Skywards Signature: ? Upfront credit of 50,000 skywards miles on payment of Campaign joining fee (AED 1,000/-) & Annual Membership fee (AED 700/-) ? Customer needs to make monthly minimum retail spend of AED 7,000 or have an average retail spend of AED 7,000 in the last 3 months; for the next 12 months. ? If the minimum spend criteria is not met than customer will be charged a fee of AED 250/- for the respective month

Offer Eligibility:

1. This Offer is valid for all customers who have applied for a new Skywards Card under this campaign (by signing this offer) from 01st February to 28th February 2019 and for whom Emirates Islamic has issued a Skywards Card.

2. This Offer is not applicable for existing Emirates Islamic Skywards Infinite, Signature, Platinum & Gold card holders. 3. Offer is not applicable on renewal & replacement cards. 4. Existing Skywards card holders or customers who have cancelled their card in last (2) months are not eligible for the

campaign.

Timelines:

1. The bonus Skywards Miles will be awarded one time only and upon payment of the annual membership fee & campaign joining fee.

2. Campaign joining fee will be charged within 30 days from the card issuance date 3. Bonus Skywards Miles will be awarded within 30 days from the membership & Campaign fee payment date. 4. Card should be activated within 60 days from Card Issuance. 5. Statement Date for all the cards sourced on the above campaign will be the 10th of every month

Spend / Fee Mechanism:

1. All retail transactions that are posted into the card holder's monthly statement will be included for calculation of cumulative

retail spends during each month.

2. Applicant needs to ensure that he/she does the required monthly minimum retail spend or maintain the average retail spend

(in the last 3 months), based on the card type. Or else he/she will be charged a monthly fee as mentioned in the table above.

For Example, Let's consider a customer was issued an Infinite card in Feb'2019. He has paid the cumulative fees of AED

2,999/- and received the 100,000 miles.

Scenario 1: As per April'2019 statement, if customer has a retail spend of AED 12,500/-; no charges will be

applicable as he meets the spend criteria for that respective month

Scenario 2: As per April statement, if customer doesn't do a retail spend of AED 12,500/- then his last 3 months'

retail spend (Feb, Mar & Apr), as mentioned in the statement will be checked.

Statement Month

Retail Spend(AED) of the customer

Feb

25,500

Mar

25,500

Apr

10,000

Average Spend

20,333

Based on the above scenario customer meets the 3 month spend criteria, hence no charges will be

applicable for that respective month.

 Scenario 3: As per April statement, he did not do a retail spend of AED 12,500/- then his last 3 months' retail

spend (Feb, Mar & Apr) on the statement will be checked.

Statement Month

Retail Spend(AED) of the customer

Feb

12,500

Mar

12,500

Apr

10,000

Average Spend

11,667

Based on the above scenario customer does not meet the 3 month spend, hence AED 500 will be charged

for that respective month.

Scenario 4: Mr. X card was opened in Feb'2019 and his 1st month retail spend (as per statement) is AED 12,500/-,

hence no charges will be applicable for that respective month.

3. Transactions that are reversed or cancelled will not be included.

4. If a customer wishes to close his/her card within the 12-month period, then he/she will have to pay the remaining months

fee (AED 500/250 per month for Skywards Infinite & Signature cards) upfront, prior to closure of the card.

5. Late Payment Charges (Amount donated to charity), Finance Charges, Joining Fee, Annual Membership Fee, Cash

Transactions, Credit Vouchers, Balance Transfer Bookings, Dial-a-Cheque, any internal calculations, etc. are excluded for

cumulative retail spends calculation and from the Miles calculation.

6. Emirates Islamic reserves the right to change or cancel any or all of the promotion/Offer terms and conditions without giving

any prior notice.

Emirates Islamic reserves the right to amend these Terms and Conditions at any time wholly or in part, or to suspend or terminate the Offer, at its absolute discretion by way of posting on Emirates Islamic' s website, or in any manner deemed suitable by Emirates Islamic; or withdraw this Offer at any time without any prior notice.

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