Best Credit Cards in UAE

To be eligible for a credit card in the UAE, you must meet the following requirements:

• You must be at least 18 years old.
• You must be a UAE citizen.
• You must earn a minimum of AED 5,000 per month.

• Pay the credit card bills in full before the due date.
• Make high-value transactions early in the billing cycle and keep track of your expenses.
• Review your credit card statements on a regular basis.
• Decide on a credit card limit that is appropriate for you.

• Minimum repayment requirements (percentage rate)
• All Fees & Charges
• Minimum Income Requirements
• Annual payments
• loyalty point system or card rewards
• Cash back offers

Which credit card is the best in the UAE? Honestly! There is no one-size-fits-all best credit card; the best credit card for you is determined by your individual circumstances, credit score, spending habits, lifestyle, and financial objectives.

To help you select the best credit card in UAE for you, we’ve compiled a list of the top 5 best credit cards in UAE for each big category, including cash back, movies, balance transfers, travel rewards, airport lounges, and much more.

Here are our recommendations for the best credit cards in the UAE. In all groups, Banks that issue credit cards provide rewards on transactions made with the card. Here is a list of the best credit cards in the UAE for cashback, travel rewards, movie deals, Airmiles points, grocery shopping, and balance transfer offers.

Cash back credit cards are fairly straightforward– they are cards that allow you to earn cash when spending on your favorite activity. The top 5 cashback credit cards in the UAE are mentioned below.

• Mashreq Cashback Credit Card
• HSBC Zero credit Card
• Deem Cash Up Card
• Emirates NBD Titanium Credit Card.
• FAB Platinum Credit card.
• ADCB World Traveller Credit Card.
• Citi Cash Back Credit Card

Transferring the balance When you move your one credit card outstanding balance to a new credit card, you can get a low or no interest rate. You can also merge balances from all other cards into one card for a single monthly payment EMIs and clear your credit card debt quickly. The best balance transfer cards in UAE are described below.

• Citi Premier Credit Card
• Mashreq Bank Platinum Elite Credit Card
• Emirates Islamic Flex Elite Credit Card
• HSBC Black Credit Card

Grocery Shopping Credit Cards in UAE are co-branded credit cards sold by some of the UAE’s most well-known supermarket chains, such as Carrefour, Lulu, Union Coop, and others. It provides high rewards and cash back on everyday grocery purchases. Here are our top picks for the best grocery shopping credit cards in UAE.

• Najm Platinum Plus Credit Card  – Carrefour Shopping
• Deem Cash Up Credit card
• ADCB Lulu Titanium Credit Card – Lulu Hypermarket
• Emirates Islamic Union Coop Tamayaz Card – Union Coop Shopping
• ADIB Value+ Credit Card
• Citi Prestige Credit Card – Get 25% cashback on Grocery for First 3 months

The following are some of the most commonly offered Benefits of credit cards in UAE

Cash Back: The cardholder earns loyalty points every time they use this card to make a purchase. These reward points can then be exchanged for cash, which is deposited into their account immediately. Cashback is available on some credit cards in the UAE.

These cash back cards give you money back for any purchase you make with the card. The applicant should keep these card-specific advantages in mind when comparing credit cards in the UAE.

Air Miles: Air miles are the most valuable feature available with these plastic cards for cardholders who fly often, whether for business or pleasure.

Some of the best credit cards in the UAE offer you air miles for every dollar you spend (which is usually higher on foreign currency).These miles can be used to book flights, upgrade airline tickets from economy to business or business to first-class, and even shop at some locations.

Airport Lounge Access: With such credit cards, the cardholder may spend their time waiting at an airport in comfortable lounges located in thousands of locations.

Depending on which credit card the cardholder has chosen, they may be allowed to carry a guest along as well. The cardholder should compare credit cards to find the best one for them, one that provides lounge access to a nearby airport, since this is the one that will be used the most.

Offers at the movies: Several credit cards have “buy one, get one free” schemes for cardholders. It allowed the cardholder to get free movie tickets.

The card gives the cardholder who is a frequent moviegoer special benefits. Before applying for a credit card via the bank’s website, the applicant can review the benefits offered in detail on the individual product page and compare credit cards.

Golf Benefits: The United Arab Emirates is host to some of the world’s most beautiful golf courses. The cardholder will take advantage of golf rewards by choosing the gold benefits credit card. They can navigate the manicured greens at popular golfing locations around the country depending on the type of card they have.

Travel Benefits: For a frequent traveler, the best credit card is one that provides travel benefits. Starting with cashback on hotel reservations all over the world, these credit card rewards often allow cardholders to earn loyalty points overnight on hotel stays and take advantage of exclusive discounts on international events and cuisine. Discounted car rentals and free travel insurance are also possible travel advantages.

Rewards & Offers: Many credit cards in the UAE offer an incredible range of payment choices and highly flexible reward systems, ranging from discounts on high-end gourmet meals to deals on furniture and grocery shopping.

These benefits and deals are also revised on a regular basis to ensure that cardholders get the most out of their cards. The cardholder will use the reward points to pay for the credit card’s annual membership fee if they wish.

Security Advantage: Early warning fraud detection systems are a must for any bank in order to track and secure all issued credit cards in the UAE. The majority of banks also have a no-fault scheme on missing credit cards. It guarantees that the cardholder is not responsible for charges incurred as a result of lost or stolen cards.

Purchase Insurance: Purchase protection is available on a limited number of credit cards. These cards provide compensation for new transactions in the event that an item is damaged or stolen within a certain time frame after purchase. According to the bill, the damaged or stolen item is either substituted or reimbursed for its full value

The following factors will influence an applicant’s ability to qualify for a credit card in the UAE:

• Age: When it comes to credit card eligibility, age is a significant factor. Applicants between the ages of 21 and 60 will usually get a plastic card from most banks. However, if the applicant can demonstrate a source of independent income, a card can be obtained as early as the age of 18. A legal guardian must sign the application if the applicant is under the age of 18.

• Income: A credit card cannot be obtained unless the applicant can demonstrate that he or she has a source of income. The type of card a person can get is also determined by their monthly income.

• Credit History: While applicants with poor credit scores can be able to receive a credit card, their choices may be restricted, such as fee-free cards. It is necessary to have an excellent credit history in order to apply for the best credit cards in the UAE, which should preferably be between 300 and 900 points. Simply put, the applicant with the lowest credit score will be offered the best card with the most benefits.

• ID Proof: A valid ID proof is required in order to obtain this card. Expats must display relevant documents such as their passport and visa, while UAE nationals must show their Emirates ID.

• Address Proof: An address proof is required when applying for plastic money. Some banks may also deny applications from people who live in remote areas with limited access to the internet.

• Nationality/Residency: In the United Arab Emirates, such credit cards are only available to UAE citizens and residents. Nationality becomes a prerequisite for eligibility in such situations. Furthermore, an applicant’s residence in an Emirate may have an effect on the application. For example, when applying for a credit card in Dubai, online applications may be preferred over those in other Emirates.

Notice that the best credit cards in Dubai and UAE have the most stringent eligibility requirements. The applicant should maintain a strong credit history and bank balance to improve their chances of credit card availability in UAE for the best card offers.

The applicant may apply for a credit card either in person at a preferred card provider’s branch or online via the bank’s website (if available). The easiest way to choose the correct plastic card is to compare them online, where you can even compare credit cards. The easiest and quickest way to apply for a credit card is online, where the applicant can receive additional deals from the banks.

Travel credit cards are credit cards that are specifically designed for travel benefits. This credit card is designed for frequent travelers. A cardholder who uses the travel credit card earns air mile points for every AED spent. Not only that, but the travel credit card also has lifestyle advantages. Discounts on shopping and dining, as well as discounts on hotels and airline fares, are some of the other advantages of the travel credit card. The cardholder has access to airport lounges as well. There are some additional advantages as well.

No, not all credit cards charge an annual fee as well as an application fee. Many financial institutions in the UAE have recently begun to sell credit cards that are free for life. Those credit cards that are free for life, on the other hand, have limited benefits and rewards. Annual fee credit cards, on the other hand, provide more perks and incentives. Monthly interest rates are also attached to all credit cards.

The majority of credit cards have a no-interest period of 50 to 55 days. If you are able to pay off the entire balance due during this period, you will not be paid any interest.

No, most credit card companies do not offer cashback on cash withdrawals.

Yes, indeed. If you don’t pay your credit card bills on time, you risk losing your cashback.

It is decided by the card. You will get if your card claims to give cashback on overseas purchases.

In this case, you can schedule a meeting with a bank executive and explore the options open to you with them. You may be able to turn the remaining balance on your card into a loan in order to pay it off faster and at a lower interest rate. If you are able to do so, cut up your card and never use it again.

A credit card balance transfer occurs when the balance from one credit card account is moved to another credit card account. When the balance transfer is complete, the cardholder will no longer owe any money to the initial credit card company; instead, the debt will be owed to the second credit card company. Here’s where you can learn more about balance transfer credit cards.

In general, you can use your credit card to make transactions outside of the United States, but with all of the limitations that apply when using it domestically. Since you could be charged a foreign transaction fee based on a percentage of the transaction’s value, using cash wherever possible is the best choice. Keep in mind that in some situations, even though you’re sitting at home, these fees apply to transactions made in foreign currency. For example, if you buy anything online and pay in dollars, you can be subject to international transaction fees; check with your bank if you have any doubts.

Credit cards can be used almost anywhere and at any time. They can be used to shop online, in stores, and over the phone. However, bear in mind that not all credit cards are approved by all merchants. Since some banks which charge a high handling fee to businesses, many of these establishments may refuse to accept purchases made with these banks’ cards.

If you have a small or low credit record, you can have difficulty finding the best credit card offers. In certain circumstances, your application will be completely refused, and you will be unable to obtain a traditional credit card. In such circumstances, you should choose a credit card with credit-building features. Since these credit building cards have a high APR and a low credit cap, you will be able to improve your credit score over time if you continue to use them. This, in turn, would improve your credit scores in the future, allowing you to get better credit. Check out some of the most popular credit score myths.

Your financial footprints are your credit scores. Credit scores keep track of all of the previous credit, loan, and other product transactions. All of your late and missing payments have a negative impact on your credit score. This includes unpaid payments for subscriptions, utility bills, and library fees, among other things. Any of the credit-checking companies operating in the UAE will easily provide you with your credit score. If you have a credit or loan history that is either non-existent or minimal, your credit rating will suffer as a result. When you apply for a credit card, or any type of loan for that matter, your credit rating will be evaluated.

You won’t be paid any fees if you pay off your credit card balance in full per month. Interest will be charged if you do not pay the balance in full. If you have a credit card with a zero percent introductory interest period, you will not have to pay any interest until you make the minimum monthly payment for that period.

A description box of the credit card is included in the documentation relating to each credit card. The overview box contains all pertinent details about your credit card, including the APR, credit cap, and a detailed rundown of all reward plans and fees associated with the card. While the summary box contains all of the information you can need, if you are unable to locate any information, you may contact your bank, who will be able to assist you.

When it comes to applying for a credit card online, it just takes a few minutes. When you have completed the online application process and submitted it, you will be contacted by bank executives who will ask you to submit a few supporting documents. It will take two weeks for your application to be processed after the bank receives your completed application form along with the necessary documents. If all of your documents are correct, the application is accepted, and the bank completes all of the necessary documentation, your new credit card will be sent to you within seven working days.

Simply put, a credit card allows you to spend credit funds that must be repaid at a later date set by the bank, while a debit card is linked to a bank account and allows you to spend funds already in the account. In terms of intended use, debit cards must be used for both in-store payments and cash withdrawals, while credit cards must be used for the latter. However, cardholders may make a limited number of cash withdrawals with credit cards (known as a cash advance), albeit at a high cost.