Things to think about before applying for a cashback credit cards in UAE
- Spend eligibility – Certain cards have a minimum spend provision, which means that the cardholder must spend a certain amount (which varies by card) in order to qualify for the cashback. Before applying for a cashback credit card, make sure you read the spend eligibility requirements thoroughly.
- Upper limits – Similar to the minimum spend provision, most banks have a max amount of cashback that a cardholder will receive or category-specific limits. To prevent any disputes with the bank, these must be thoroughly understood.
- Fine Print – Read the small print. Is cashback available at all retailers or only a select few? Is it possible to combine a deal with a cashback offer? Cashback will not be offered on all purchases.
- Validity – The cashback provided can be valid for a certain period of time. Make sure you use the cashback you’ve received before the expiration date.
When searching for a cashback card, the cashback rate is definitely an important aspect to consider. It also assists in the interpretation and review of your spending history, as it can be matched with the credit card issuer’s benefits. With so many cashback credit cards available in the UAE, you’re sure to find one that fits your spending habits. Some banks pay for cashback on groceries and utility bills, while others pay more on travel-related purchases. This research will help you maximize your cashback rewards and put the best cashback card in your pocket.