EL AL has transferred its Matmid frequent flyer credit card program to Isracard. Existing holders must take steps if they want to keep earning loyalty rewards after this year ends.

The change comes after EL AL announced in March 2026 that it would conclude its arrangement with CAL and transfer the FLY CARD program to the Isracard Group.

Consequently the airline Matmid Club credit card will now be provided only by Isracard. People holding CAL-issued FLY CARDs may keep using those cards and collecting points until December 31 2026. From January 1 2027 the cards will stop delivering EL AL Matmid Club rewards.

What is FLY CARD?

FLY CARD serves as EL AL official Matmid Club credit card. Based on the card version and membership rules holders earn Matmid points and on select premium versions diamonds via regular purchases. Points convert into flights upgrades and further perks inside the airline loyalty scheme.

What do current cardholders need to do?

Anyone with a CAL-issued FLY CARD must apply for a new Isracard-issued FLY CARD to keep earning Matmid points diamonds and associated rewards after December 2026.

The updated cards became obtainable on June 1 2026. Sign-up is possible online via the Isracard site or at service locations.

What happens if cardholders do not switch?

CAL-issued cards should keep working as standard credit cards according to issuer rules yet they will cease recognition as FLY CARD items after December 31 2026.

Therefore holders who stay with the old cards will stop gaining Matmid points diamonds or other EL AL loyalty rewards from spending.

Under program rules customers enrolled in CAL FLYALL are no longer viewed as FLY CARD members.

Will existing points and diamonds be lost?

No. Points and diamonds already collected stay in EL AL Matmid Club accounts and follow club rules.

Points usually stay valid for 18 months unless the member spends at least NIS 5000 on the FLY CARD in that span or earns at least one point from an EL AL flight.

How does FLY CARD differ from other travel credit cards?

Israel credit card options feature several items with travel perks such as flight savings cashback or tourism extras.

FLY CARD stands out through direct connection to the EL AL Matmid Club loyalty program. Besides travel perks holders build airline points gain status diamonds on premium cards and receive Matmid membership advantages.

What benefits are available?

Benefits differ by card type and follow EL AL and Isracard conditions.

Across FLY CARD versions the advantages include:

Collection of Matmid points and on qualifying premium cards diamonds
Extra point earning on EL AL flights
Special rates on award tickets
Extra baggage allowances
Birthday offers including reduced ticket redemptions with points
Discounts on chosen point redemptions
Offers and savings via FLYSTORE
New-customer and online sign-up promotions
Lower foreign currency fees on select cards

Which card is available?

The FLY CARD range now covers several versions including FLY CARD FLY CARD PREMIUM FLY CARD PREMIUM Select and FLY CARD PREMIUM American Express.

Those thinking about switching should review annual fees point rates diamond rules foreign-currency features and redemption choices before deciding.

Details draw from EL AL Matmid Club and Isracard materials and remain subject to official program terms. Benefits rates and fees can change.

Prepared with input from FLY CARD