Cash Back Loyalty Program

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Cash Back Loyalty Program

Earning is simple

  • Each 1 AED spent on retail transactions using your Souhoula Saver Card earns you 0.5 Loyalty Point. For international transactions, 1 AED spend earns you 1 Loyalty Points.
  • Monthly Profit, Fees, Balance Transfer transactions, Cash-On-Call, Easy Payment Plan converted transactions and Cash Withdrawals are not eligible to earn Loyalty Points.
  • All earned, outstanding and redeemed Loyalty Points will be reflected on the Credit Cardholder’s monthly e-statement.
  • No expiry on points.

Redemption is easy

  • For every 1,000 Loyalty Points = AED10 Sukuk is credited to your NBC Investment account
  • Automatic redemption every statement cut-off of 15th of each month
  • No maximum cap on the amount that you can redeem.
  • Outstanding Loyalty Points are only redeemable if the Credit Card is operating (i.e. not cancelled or terminated by the Cardholder or Mawarid Finance), is not fraudulently operated, and is current (i.e. there are no past due balances on the Credit Card)

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