ULTRACASH Mastercard

Cardholders receive two complimentary supplementary cards to share benefits with family members. Additional supplementary cards are charged at AED 50 per annum each.

How often

2 uses a year

How to use it

Applied automatically — Free supplementary cards are issued upon cardholder request.

Caps and limits

First 2 supplementary cards free; additional cards charged at AED 50 each per annum.

Where

All emirates

“Free Supplementary Cards Share benefits with family through supplementary cards.”

Source: https://www.ajmanbank.ae/site/mastercard_ultracash/en · Last checked 25 Aug 2026

UAE Nationals earn 10% cashback on fuel purchases for the first 3 months, then 5% thereafter on an ongoing basis.

How often

Yearly

How to use it

Applied automatically — Cashback is credited automatically on qualifying fuel purchases.

Caps and limits

5% cashback on fuel after the first 3 months promotional period.

Where

All emirates

“UAE Nationals can get up to 10% cashback on Fuel for the first 3 months and 5% thereafter”

Source: https://www.ajmanbank.ae/site/mastercard_ultracash/en · Last checked 25 Aug 2026

Cardholders earn 5% cashback on online shopping purchases when online shopping is selected as one of the two preferred cashback categories.

How often

Yearly

How to use it

Applied automatically — Cashback is credited automatically on qualifying online shopping purchases.

Where

All emirates

“Online Shopping 5% 5%”

Source: https://www.ajmanbank.ae/site/mastercard_ultracash/en · Last checked 25 Aug 2026

Cardholders earn 1% cashback on all other purchases not in the four preferred spending categories.

How often

Yearly

How to use it

Applied automatically — Cashback is credited automatically on qualifying other purchases.

Where

All emirates

“1% cashback on all other purchases”

Source: https://www.ajmanbank.ae/site/mastercard_ultracash/en · Last checked 25 Aug 2026

Cardholders earn 5% cashback on school fees payments when school fees is selected as one of the two preferred cashback categories.

How often

Yearly

How to use it

Applied automatically — Cashback is credited automatically on qualifying school fees payments.

Where

All emirates

“School Fees 5% 5%”

Source: https://www.ajmanbank.ae/site/mastercard_ultracash/en · Last checked 25 Aug 2026

Cardholders earn 5% cashback on supermarket purchases when supermarkets is selected as one of the two preferred cashback categories.

How often

Yearly

How to use it

Applied automatically — Cashback is credited automatically on qualifying supermarket purchases.

Where

All emirates

“Supermarkets 5% 5%”

Source: https://www.ajmanbank.ae/site/mastercard_ultracash/en · Last checked 25 Aug 2026

New cardholders who make one retail transaction within the first 30 days of card issuance receive a bonus cashback upon payment of the annual fee: AED 500 for UAE Nationals or AED 300 for Expatriates.

How often

Per event

How to use it

Triggered by paying with the card — Make one retail transaction within 30 days of card issuance and pay the annual fee to receive the bonus cashback.

Caps and limits

One-time bonus; amount differs for UAE Nationals (AED 500) vs Expatriates (AED 300).

Where

All emirates

“Make one retail transaction in the first 30 days of card issuance and receive bonus cashback upon payment of annual fee. 500 UAE Nationals 300 Expatriates”

Source: https://www.ajmanbank.ae/site/mastercard_ultracash/en · Last checked 25 Aug 2026

Cardholders can purchase items on a 0% profit installment payment plan at preferred merchant partners, allowing flexible repayment without additional profit charges.

How often

Per event

How to use it

Redeem in a partner app — 0% installment plans are available at preferred partner merchants.

Caps and limits

Available at preferred partners only; terms vary by merchant.

Where

All emirates

“0% Installment Payment Plan at Preferred Partners”

Source: https://www.ajmanbank.ae/site/mastercard_ultracash/en · Last checked 25 Aug 2026

Cardholders can transfer balances from other credit cards to the ULTRACASH Mastercard at promotional profit rates for selected periods.

How often

Per event

How to use it

Activate in the bank's app — Balance transfer can be initiated through the mobile banking app or by contacting the bank.

Caps and limits

Promotional profit rates apply for selected periods only.

Where

All emirates

“Balance Transfer Transfer your other credit card balances to Ajman Bank and get promotional rates for selected periods.”

Source: https://www.ajmanbank.ae/site/mastercard_ultracash/en · Last checked 25 Aug 2026

Cardholders can avail easy cash advances at low profit rates with the option to transfer funds to any bank account in the UAE.

How often

Always on

How to use it

Activate in the bank's app — Easy cash can be availed through the mobile banking application or by contacting the bank.

Where

All emirates

“Easy Cash Avail easy cash at low profit rates and transfer funds to any bank account in the UAE.”

Source: https://www.ajmanbank.ae/site/mastercard_ultracash/en · Last checked 25 Aug 2026

Credit Shield Takaful protection, which waives the outstanding balance in cases such as loss of life, permanent disability, critical illness, or involuntary loss of employment, and also covers extended warranty, purchase protection, secure wallet and travel accident, is provided free for the first two months before becoming chargeable.

How often

2 uses per event

How to use it

Applied automatically — Credit Shield is automatically applied to the card; customers may opt out by calling 600 555522.

Caps and limits

Free for first two months only; chargeable at 0.99% per month of outstanding balance thereafter unless opted out.

Where

All emirates

“The cover for the first two months will be free for the customers and it will be chargeable going forward.”

Source: https://www.ajmanbank.ae/site/files/KFS_CREDIT_CARD_MAY_2025.pdf · Last checked 2 Oct 2026

Cardholders receive complimentary valet parking service 3 times per month at over 35+ locations across the UAE.

How often

3 uses a month

How to use it

Applied automatically — Valet parking can be used at over 35+ partner locations across the UAE.

Caps and limits

3 times per month maximum

Where

All emirates

“Valet Parking 3 times a month at over 35+ locations”

Source: https://www.ajmanbank.ae/site/mastercard_ultracash/en · Last checked 25 Aug 2026