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Individuals   

Credit Card
 

Al Baraka Islamic Bank introduce the all new MasterCard Credit Card, in three categories, Gold, Titanium, and Platinum that is Sharia-compliant, designed to meet your needs and exceed your expectations. Al Baraka Islamic bank strives to provide you with the ultimate banking experience, starting from premium products and services to special offers and Rewards. Get your Credit Card and enjoy its exclusive benefits.

Platinum Credit Card

Benefits and Features:

  • Most competitive fees in the market.
  • Lounge-Key - Unlimited access to more than 800 airport lounges worldwide https://www.loungekey.com/Albarakabahrain
    1. Cardholders will be eligible for 5 free visits per year
    2. All additional visits will be charged directly to the cardholder at $27 per visit
    3. Cardholder Guests visits will be charged $27 per visit
  • Free membership enrollment in Al Baraka Rewards Program https://rewards.albaraka.bh/ Enjoy redeeming your points across 900 airlines, stay in over 200,000 hotels around the world, and rent your dream car while you are travelling. You can always shop online with our15 different categories along with special deals and offers.
  • Automatic enrollment in the MasterCard program which includes privileges and discounts from prestigious brands all around the world. Visit www.pricelessarabia.com
  • Convenient payment channels through:
    1. Al Baraka branches.
    2. Al Baraka Online Banking and Benefit gateway. https://portal.albaraka.bh/
    3. Direct Debit instruction.
  • Cash withdrawal transactions up to 50% of the credit limit.
  • No Annual Subscription Fees.
  • Card can be issued against cash collateral.
  • Unlimited supplementary cards without any Fees.

Titanium Credit Card

Benefits and Features:

  • Most competitive fees in the market.
  • Access for 6 lounges in the Middle East http://www.mastercard.com/titanium
    1. Egypt: Cairo International Airport, VIP Lounges
    2. Jordan: Queen Alia International Airport Amman, Petra Lounge
    3. Kuwait: Kuwait International Airport, MasterCard Lounge
    4. UAE: Dubai International Airport, Marhaba Lounges
    5. UAE: Abu-Dhabi International Airport, MasterCard Diamond Lounge
    6. Saudi Arabia: Jeddah International Airport, First Class Lounge
  • Free membership enrollment in Al Baraka Rewards Program https://rewards.albaraka.bh/ Enjoy redeeming your points across 900 airlines, stay in over 200,000 hotels around the world, and rent your dream car while you are travelling. You can always shop online with our15 different categories along with special deals and offers.
  • Automatic enrollment in the MasterCard program which includes privileges and discounts from prestigious brands all around the world. Visit www.pricelessarabia.com
  • Convenient payment channels through:
    1. Al Baraka branches.
    2. Al Baraka Online Banking and Benefit gateway. https://portal.albaraka.bh/
    3. Direct Debit instruction.
  • Cash withdrawal transactions up to 30% of the credit limit.
  • No Annual Subscription Fees.
  • Card can be issued against cash collateral.
  • Unlimited supplementary cards without any Fees.

Gold Credit Card

Benefits and Features:

  • Most competitive fees in the market.
  • Free membership enrollment in Al Baraka Rewards Program https://rewards.albaraka.bh/ Enjoy redeeming your points across 900 airlines, stay in over 200,000 hotels around the world, and rent your dream car while you are travelling. You can always shop online with our15 different categories along with special deals and offers.
  • Automatic enrollment in the MasterCard program which includes privileges and discounts from prestigious brands all around the world. Visit www.pricelessarabia.com
  • Convenient payment channels through:
    1. Al Baraka branches.
    2. Al Baraka Online Banking and Benefit gateway. https://portal.albaraka.bh/
    3. Direct Debit instruction.
  • Cash withdrawal transactions up to 25% of the credit limit.
  • No Annual Subscription Fees.
  • Card can be issued against cash collateral.
  • Unlimited supplementary cards without any Fees.

Points Calculation

Points calculation

Gold

5 points for every BD10 spending

Titanium

7 points for every BD10 spending

Platinum

10 points for every BD10 spending

Credit Card Eligibilty

Card Type

Salary Range

Minimum Credit Limit

Maximum Credit Limit

Monthly Service Fees

Cash Withdrawal Limit

Gold

BHD 250

BHD 300

BHD 10,000

BHD 110

25%

Titanium

BHD 800

BHD 1,000

BHD 20,000

BHD 220

30%

Platinum

BHD 2,000

BHD 3,000

BHD 50,000

BHD 550

50%

Required Documents

An applicant for a Card will be required to complete & submit the prescribed Application form along with the following documents:

Employed Individuals

  • 2 Valid Identification
  • Resident permit is required for non-Bahraini
  • Salary Certificate
  • Latest salary slip
  • Bank account statement for the past 3 months

Self-Employed Individuals

  • 2 Valid Identification
  • Bank account statement for the past 6 months
  • Valid copy of Commercial Registration (CR)
  • Memorandum of Association
  • Board Resolution for W.L.L

FEES & CHARGES

Description

Gold, Titanium, Platinum

Late Payment Fee
(This amount is to be paid to charity after deducting the bank's cost excluding staff cost)

BHD 5

Card Replacement Fee

BHD 5

PIN reprint Fee

BHD 5

Statement Reprint Fees- per month

BHD 1

Outstanding Letter

BHD 10

Temporary Increase Fee

BHD 10

Cheque return fee

BHD 10

Copy request/ Chargeback fee (in case of a rejected dispute)

BHD 5

Cash advance Fees

3% ( subject to a min of BHD 3

Transfer of Credit Balance

1. Manager's cheque issued for credit balance (No account in Al-Baraka Bank).

BHD 2

2. Transfer credit balance to Al-Baraka account.

BHD 1

Card Transaction foreign exchange mark-up

FX-USD

1.8%

FX-Other Currencies

2.2%

For more details, please call 13300400 or send us an email on [email protected]

Credit Card Fatwa

Credit Card Application Form

  Last Updated:08/06/2017
  About Al Baraka
Al Baraka Islamic Bank - Bahrain (AIB - Bahrain) established 1984 in Bahrain and up the years has pioneered the development of Isl... read more>>

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