In the fast-paced world today, we barely find time to consider physical fitness in our busy routine. However, staying healthy should be the prime requirement as our schedule and efficiency depend on our wellness. To increase awareness and affordability, banks and financial institutions in the UAE provide several credit cards offering exclusive discounts and privileges at fitness centres, gyms, spas and wellness centres. Not only personal but business credit cards also include various offers and benefits on fitness and wellness expenses.
Business credit cards with health and fitness offers in the UAE provide up to 50% discounts on various gyms, spas, wellness, and fitness centres. In addition, you can avail yourself of privileges such as discounted medical consultations and saloon offers. Apart from that, business cards also serve other credit card purposes. The article below sheds light on various business credit cards with health and fitness offers and their features and benefits.
Best Business Credit Cards with Health and Fitness Offers in the UAE
As a special benefit, business credit cards offer various health and wellness privileges to their customers. With these offers, the cardholders can access gyms, fitness, and wellness centres, across the UAE, at discounted prices or earn cashback and rewards on such expenses. Following are the best business credit cards with Health and Fitness offers.
Features & Benefits for this Balance transfer for Business
With the RAKBANK Titanium credit card, you get an exclusive discount on health and fitness across gyms and spas, and fitness centres in the UAE.
To avail of the health and fitness offers, you need to pay using your business credit card.
The card does not levy annual membership charges and is free for life.
You can avail yourself of up to 55 interest-free days. If you pay the card bills in full within the period, the bank does not charge any interest on the outstanding balance.
With the RAKBANK Titanium business card, you get a low retail finance rate.
You get a high credit limit on the business credit card.
RAKBANK Titanium business credit card gives you unlimited airport lounge access across the MENA region.
With the RAKBANK Titanium Business credit card, you get purchase protection of up to USD 1,000 per item and up to USD 4,000 per occurrence.
You can enjoy exclusive dining offers across 2000 restaurants in the UAE.
With this credit card, you can earn up to 1% cashback on all local and international transactions.
Emirates NBD Business Credit Card
Features & Benefits for this Emirates NBD Business Credit Card
With the Emirates NBD Business credit card, you get up to 50% discounts at over 500 spas, medical and wellness centres.
Using the card, you get complimentary access to regional airport lounges across the MENAT region.
With the Emirates NBD business card, you get a cash advance facility of up to 75% of the credit limit.
The card offers a range of lifestyle and travel benefits.
Emirates NBD provides exclusive access to MasterCard Buy 1 Get 1 offers through business credit cards.
With the Emirates NBD Business Credit card, you get extensive purchase protection on the eligible items.
Using the Emirates NBD Business credit card, you can earn cashback on utility bill payments.
With the corporate liability waiver feature, you get protection against card misuse by an employee.
Emirates NBD Business credit card comes with various lifestyle and entertainment benefits. The card offers exclusive access to premium golf rounds and Bon Appetite offers.
You can access your business card account anywhere and at any time with the Emirates NBD smartBUSINESS app.
Eligibility Criteria for Business Credit Cards with Health & Fitness offers
Before applying for business credit cards with fitness offers in the UAE, the business owners need to fulfill a few requirements pertaining to their financial conditions and ease of bill repayments. It is easier for an established enterprise to acquire a business credit card in comparison to a young business. The following are the criteria a business must fulfil to apply for a business credit card.
Age Criteria - For acquiring a business credit card in the UAE, an applicant must be 21 years old or above. The criteria may change to 25 years in some banks. A few institutions such as CBD and HSBC have an upper age limit of 65 years to apply for a business credit card. Before applying, the individual must confirm the age requirements.
Geographical Location - To apply for a business credit card with wellness offers, the business needs to operate within the geographical boundaries of the UAE. If the business is established in another country, it should have at least a local branch in the UAE.
Minimum Annual Revenue - A business entity needs to fulfil the annual revenue criteria, also known as the annual turnover. Based on the revenue, the bank calculates the credit limit and risks while offering the credit card.
Minimum Bank Balance - Apart from the annual revenue, the business needs to maintain a specific amount of liquid funds in its bank account. The requirement differs based on the type of business credit card and the issuing bank.
Minimum Period Operation - Before applying for a credit card, a business needs to operate successfully for a minimum period as specified by the bank. The operating period determines the financial stability of the enterprise and helps approve a better credit limit on the business credit card.
Credit Score - Credit score is an important eligibility criterion that a business owner needs to meet before applying for a business credit card. Based on the active loans and repayment history, the bank calculates the credit score. Depending on the credit score, the issuer sets the credit card limit. Business owners with a decent credit score can readily avail of a credit card. Additionally, the bank may reject or accept the business credit card application based on the credit score.
A Valid UAE Trade Permit - Every business, enterprise and corporates require a valid trade license issued by the Department of Economic Development UAE to operate their business in the country. While applying for the card, the business needs to furnish the trade license.
Documents Required to Apply for a Business Credit Card with Health & Fitness Offers
After confirming their eligibility, the business owners need to submit documents related to their business operations, owners and partners identity proof and finances. Following are the list of documents an applicant needs to submit while applying for a business credit card with health and fitness offers.
A valid passport of the business owner, signatories, and the partners (an original and a copy)
A valid Emirates ID (original and a copy) of the owners and the partners (if the owners are UAE Nationals/Residents)
Address proof of the corporate office
Details of company incorporation
A valid trade license issued by the Department of Economic Development UAE
Documents related to business and its operations
12 months bank account statements
Record of the company’s financial performance (past one or two years depending on the bank)
Board resolution and power of attorney
Tip: The bank may ask for additional proof and documents pertaining to the stakeholders, owners and their personal bank accounts. To have a quick and hassle-free application, the individuals should collect all the relevant documents in the prescribed format.
How to Apply for a Business Credit Card with Health & Fitness Offers?
The banks and financial institutions accept applications via numerous online and offline channels. The applicant can visit the bank’s official website or approach a nearby branch to apply for a business credit card with health and fitness credit cards.
Offline Application - For offline applications, the business owner or the representative can visit the bank with the required documents. Subsequently, they have to select their preferred business credit card with health and fitness offers and fill up the application form for a credit card as per the directions of the bank representative. After document verification, the bank approves your application and dispatches the business credit card at your registered address.
Online Application - The applicants can conveniently apply by visiting the bank’s official website and selecting their preferred business credit card with health and fitness offers. Subsequently, they need to fill the online application form and provide their contact and personal details. Once the application is submitted successfully, the bank contacts the applicants for the further application process.
Application via Phone - Numerous banks offer the convenience of applying via phone. An individual can contact the bank’s customer service and provide their details as per the bank’s requirements. Subsequently, the representative would guide them through the application process.
Charges on the Business Credit Cards with Health and Fitness Offers
For using a business credit card, the cardholder needs to pay annual fees and finance charges. Several banks don’t charge an annual membership fee on their business credit card. The following list depicts charges levied on business credit cards with health and fitness offers.
Several credit cards in the UAE offer extensive discounts and privileges on fitness, gym, spa and health expenses. Such credit cards are commonly known as fitness offer credit cards.
Do I need to meet minimum expenses criteria for availing fitness and health offers on my business credit card?
Depending on the bank or the credit card issuer, you need to fulfil the minimum expense criteria. Several banks like Emirates NBD and RAKBANK do not require expense criteria to allow health and fitness offer access.
Do banks in the UAE offer health and fitness offers on personal credit cards?
Yes, numerous banks such as Mashreq Bank, Emirates NBD, etc. provide health and fitness offers on personal credit cards.
How can I avail of fitness offers on a business credit card?
To avail of health and fitness offers, individuals just need to pay at the fitness centre, gym or spas using their credit card, and the offers get applied automatically.