Top Features
Features and Benefits
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Affordable monthly premium of 1% of your monthly credit card total outstanding balance.
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Convenient payment through monthly credit card bill. The amount will be reflected in your credit card statement.
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Complete peace of mind by covering outstanding credit card amounts in unfortunate events, such as permanent disability, critical illness or involuntary loss of employment of primary credit card holder.
| In case of | How Credit Shield Insurance plan can help with your credit card obligations? |
| Death due to accident |
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Permanent total disability through sickness or accident |
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Covered Critical Illness |
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Involuntary Loss of Employment |
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View Credit Shield Terms and conditions.
To avail, log in to your CBD Mobile App and follow the below steps:
Login to the CBD Mobile App
Review and confirm the Credit Shield details
Eligibility criteria
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CBD primary cardholders, UAE Nationals or residents, expatriates, with valid visa and Emirates ID, an active employment are eligible for Credit Shield
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Only selected primary cardholders regardless of card type are enroled under the Credit Shield enrollment programme.
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Customers can request cancellation of Credit Shield cover by calling our 24/7 contact centres..
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Once a customer cancels Credit Shield, he/or she cannot proactively enrol for Credit Shield within 12 months of cancellation of the request.
Key Facts Statement
We kindly request you to carefully read and understand this document if you are applying for a Credit Card (CARD) with Commercial Bank of Dubai.
Learn moreAffordable Banking Tips
Our goal at CBD is to ensure that everyone has access to affordable banking solutions to help improve financial capability, promote savings, and build assets and wealth in the months and years to come. This section provides you with tips for your lowest cost and more affordable banking solutions at CBD. To ensure you are not charged interest on your Credit Card, please ensure you pay the total outstanding amount (as per your statement) on or before the payment due date.
Frequently Asked Questions
For critical illness and involuntary loss of employments covers you should be between 18 and 59 years of age at entry and 60 years old at termination.
In the unfortunate event of:
Permanent Total Disability (PTD): Your total outstanding credit card balance on the date of permanent total disability onset up to AED 100,000 will be settled (after 12 consecutive months of disability).
Critical Illness: Your total outstanding credit card balance on the date of diagnosis up to AED 50,000 will be settled.
Involuntary Loss of Employment (ILOE): A monthly amount of 10% of your outstanding credit card balance (up to AED 3,000 per month) will be paid for up to 6 months.
Disclaimer
Credit Shield insurance plan is offered by Orient Insurance. Commercial Bank of Dubai is acting as a distributor for Credit Shield and shall not be responsible for the insurance company's actions or decisions nor shall Commercial Bank of Dubai be liable regarding payment of claims under the policy/Insurance contract issued by Orient Insurance. This is just a summary of the features, benefits, exclusions, Terms & Conditions, which are in effect for Credit Shield Policy. The information provided herein is for guidance purpose only and does not override the definitive policy issued. For full policy Terms & Conditions please refer the policy wordings, Terms & Conditions and exclusions. Applicable to all customers under the group cover irrespective of the date of enrolment.
Warning
If you do not meet the repayments/payments on your credit card/loan/financing, your account will go into arrears. This may affect your credit rating, which may limit your ability to access financing in the future. For complete product details and warnings, please refer to the Key Facts Statement.
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