Credit Card in UAE & Dubai

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A credit card is a plastic card that allows its user to make transactions within the credit limit offered by the card provider bank. The funds borrowed on a credit card act as the loan amount and the credit limit as the maximum loan amount available. Credit cards in UAE offer a line of credit to be used in making a purchase provided the loan is paid back during a specific period. While using credit card, the cardholder needs to pay the minimum payment at least by the due date.

How to Compare Credit Cards in UAE & Dubai?

It is important to compare credit cards UAE before applying for one. Different kinds of credit cards may have different features. Some of the cards are free, whereas some of them charge an annual fee. Each available credit card option comes with its own set of advantages and disadvantages.

Therefore, making a comparison between the available options becomes essential. In this digital world, an applicant can compare different cards online without any hassle. Here are some of the basic factors for making the comparison.

  • Interest Rate: In order to attract more customers, the card providers promise to charge low rates of interest. However, the applicant must compare rates of interest on different cards and find out the lowest possible option.
  • Other Fee and Charges: Every credit card involves a few compulsory charges that the cardholder has to bear. The applicant must read the fine print thoroughly so that they are aware of the fee and charges applicable on the concerned card.
  • Minimum Income: To be eligible to apply for a credit card in the UAE, the applicant must be earning a certain amount of monthly income. They must earn at least 5,000 dirhams to be eligible to apply for the card.
  • Rewards and Benefits: Before applying for credit cards in Dubai, the applicant must check the rewards and benefits offered on different cards. They must choose the card that is loaded with the set of benefits that are the most suitable for them.

Most Popular Credit Cards in UAE

Emirates NBD Lulu Mastercard Titanium Credit Card

Free for Life
  • Minimum Salary AED 5000
  • Annual Fee Free for life
  • Free for Life
  • Movie Discounts
  • Dining Discounts
  • Special Discounts
Reward Value: AED 5,286

CBD One Starter Visa Signature Credit Card

Free for Life
  • Minimum Salary AED 8,000
  • Annual Fee Free for life
  • Free for Life
  • Airport Lounge Access
  • Special Discounts
Reward Value: AED 1,020

Emirates NBD Diners Club Duo Credit Card

Airport Lounge Access
  • Minimum Salary AED 8,000
  • Annual Fee AED 400
  • Airport Lounge Access
  • Dining Discounts
  • Valet Parking
Reward Value: AED 16,940

CBD One Visa Signature Credit Card

Airport Lounge Access
  • Minimum Salary AED 8,000
  • Annual Fee AED 39
  • Airport Lounge Access
  • Special Discounts
Reward Value: AED 3,840

FAB Cashback Card

Cashback
  • Minimum Salary AED 5,000
  • Annual Fee AED 315
  • Cashback
  • Travel Discounts
  • Airport Lounge Access
  • Hotel Discounts
  • Movie
Reward Value: NA

Deem Mastercard Platinum Cash Up Credit Card

Free for Life
  • Minimum Salary AED 10,000
  • Annual Fee Free for Life
  • Free for Life
  • Airport Lounge Access
  • Dining Discounts
  • Valet Parking
  • Travel Discounts
Reward Value: AED 13,128

RAKBANK Red Credit Card

Free for Life
  • Minimum Salary AED 5,000
  • Annual Fee Free for Life
  • Free for Life
  • Dining Discounts
  • Special Discounts
Reward Value: AED 4,821

Emirates NBD Lulu Mastercard Platinum Credit Card

Airport Lounge Access
  • Minimum Salary AED 15,000
  • Annual Fee AED 250
  • Airport Lounge Access
  • Free for 1st year
  • Movie Discounts
  • Valet Parking
Reward Value: AED 21,166

Mashreq Platinum Elite Mastercard Credit Card

Airport Lounge Access
  • Minimum Salary AED 10,000
  • Annual Fee AED 650
  • Airport Lounge Access
  • Free for 1st year
  • Health club Memberships
  • Airport Pick-Up / Drop
Reward Value: AED 7,407

Deem Mastercard Titanium Cash Up Credit Card

Cashback/Airport Lounge Access
  • Minimum Salary AED 6,500
  • Annual Fee AED 200
  • Airport Lounge Access
  • Cashback
  • Travel Discounts
Reward Value: AED 4,333

CBD Super Saver Credit Card

Airport Lounge Access
  • Minimum Salary AED 8,000
  • Annual Fee AED 420
  • Airport Lounge Access
  • Free for 1st year
  • Movie Discounts
  • Valet Parking
Reward Value: AED 13,867

Abu Dhabi Islamic Bank Spice Card

Airport Lounge Access
  • Minimum Salary AED 12,000
  • Annual Fee AED 199
  • Airport Lounge Access
  • Dining Discounts
Reward Value: AED 7,176

Credit Cards Eligibility, Annual Fee & Reward Value

Bank Credit Card Minimum Salary (AED) Annual Fee (AED) Reward Value (AED)
Emirates NBD ENBD Lulu Mastercard Titanium Credit Card 5,000 Free For Life 5,286
CBD CBD One Starter Visa Signature Credit Card 8,000 Free For Life 1,020
Emirates NBD ENBD Diners Club Duo Credit Card 8,000 400 16,940
CBD CBD One Visa Signature Credit Card 8,000 39 3,840
FAB FAB Cashback Credit Card 5,000 315 NA
Deem Deem Platinum Cash Up Credit Card 10,000 Free for Life 13,128
RAKBANK RAKBANK Red Credit Card 5,000 Free For Life 4,821
Emirates NBD ENBD Lulu Mastercard Platinum Credit Card 15,000 250 21,166
Mashreq Bank Mashreq Platinum Elite Mastercard Credit Card 10,000 650 7,407
Deem Deem Titanium Cash Up Credit Card 6,500 200 4,333
CBD CBD Super Saver Credit Card 8,000 420 13,867
ADIB ADIB Spice Credit Card 12,000 199 7,176
see more cards

Top Banks that Provide Offers on the Credit Card in UAE

1. ADCB Credit Cards with the Best Credit Card Offers in UAE

  • Etihad Platinum Credit Card
  • Lulu Titanium Card

Etihad Platinum Credit Card offers

Welcome Bonus Miles

  • In the first year of your membership, ADCB grants you 12,000 Etihad Guest miles within 60 days of your annual payment fee.
  • These miles can be redeemed to upgrade your traveling facilities when flying with Etihad Airways.

Bonus Every Month

  • On every monthly purchase of AED 1,000, you will receive 1000 bonus Etihad Guest Miles.
  • This offer can be availed every month

Lulu Titanium Credit Card Offers

Shop More to Earn More

  • You receive 3.5. LuLu points on every AED 1 purchase at a LuLu store and up to 1 LuLu point for every AED 1 purchase at a non-LuLu purchase

Travel with style

  • Travel benefits such as complimentary lounge access deals on food and beverages, buy 1 get 1 offer, and personal chauffer with Careem

2. CBD Credit Cards with the Best Credit Card Offers in  UAE

  • CBD Super Saver Credit Card
  • CBD Smiles Visa Signature

CBD Super Saver Credit Card offers

Cashback

  • Earn up to 10% (AED 150) cashback on retail spend at telecom and utility bills, government-linked payments, school, college, and university, supermarkets, and petrol and gas pumps.

Benefits of Visa

  • CBD Super Saver Credit Card provides visa benefits such as airport lounge access, Multi-trip travel insurance, Purchase protection, discounts, and extended warranty on purchase.

CBD Smiles Visa Signature Credit Card offers

Smiles Points

  • Earn 50,000 welcome bonus smiles points in the first year of joining
  • Up to 10 Smiles points for your purchase
  • You can use these points to receive discounts and cashback via Smile App for bills, electronic purchase, dining, shopping, travel, and entertainment

Entertainment

  • Pay 50% less on Reel cinema and VOX cinema tickets across the UAE
  • Receive 50% discount at Emaar Entertainment such as VR theme park, Dig it Dubai, Ekart, and KidZania

3.Emirates NBD Credit Cards with the Best Credit Card Offers in UAE

  • Skywards Signature Credit Card
  • dnata Platinum Credit Card

Skyward Signature Credit Card offers

Flying Benefits

  • Receive up to 40,000 bonus skywards miles in the year of joining
  • 1.5. Skywards miles on spending each USD 1 or equivalent
  • Redeem these miles to earn flight rewards with flydubai, Emirates, and other partner airlines

Complementary Deals

  • Free access to more than 1,000 lounges around the globe
  • Buy 1 get 1 deal

dnata Platinum Credit Card

Travel with ease

  • Receive travel vouchers up to AED 1,000
  • Access to more than 10 VIP lounges at no cost

Amazon Prime Membership

  • Become a member of Amazon prime for free and discover a plethora of globally acclaimed movies and series

4. FAB Credit Cards with the Best Credit Card Offers in UAE

  • Abu Dhabi Platinum Credit Card
  • FAB Infinite Credit Card

Abu Dhabi Platinum Credit Card offers

Take a break

  • Use Abu Dhabi Platinum Credit Card for purchases and win Porsche Cayman
  • Receive an offer to spend holidays in New York, London, Maldives, Sydney, or Seychelles
  • Every quarter, 10 Abu Dhabi Platinum Credit Card users receive a free two-night stay at one of the top resorts of Abu Dhabi

Ease of Travel

  • On every travel, receive luxurious services such as airport transfer facility, Avis car rental discounts, and complimentary airport lounge access

FAB Infinite Credit Card offers

Luxurious Lifestyle

  • Use FAB Infinite Credit Card to take advantage of luxurious facilities such as valet parking, movie tickets starting at AED 15, Golf discount, 24/7 concierge services, and other visa offers.

Receive Protection

  • When you purchase the FAB Infinite Credit Card, you receive complimentary travel accident insurance of up to USD 1 Million, purchase protection, extended warranty, protection against transaction fraud, International and medical and travel support

5. Mashreq Credit Cards with the Best Credit Card Offers in UAE

  • Platinum Elite Credit Card
  • Cashback Card

Platinum Elite Credit Card Offers

Free Access to Fitness First

  • Spend AED 7,000 or more using Platinum Elite Credit Card and receive 8 free visits to Fitness first on your every billing cycle

Complimentary Airport Transfer

  • Call the Mashreq customer care 4 business days before your arrival and avail of free transfer at airports in Dubai and Abu Dhabi

Cashback Credit Card Offers

Unlimited Cashback

  • Receive 5% cashback on dining in the UAE
  • Get 2% cashback on international spends
  • 1% cashback on other local spends

Special Cashback

  • On every purchase at Zomato, Netflix, and others receive 20% cashback for the first 6 months

Types of Credit Cards in UAE

There are different types of plastic money in the Emirates, each catering to a different type of card user. In order to find the most suitable one and consequently pick the best credit card offers in UAE, it is important to familiarize themselves with the various categories to better.

Here are the different types of credit cards offered in UAE:

  • Air Miles Credit Cards
  • Airport Lounge Access Credit Cards
  • Balance Transfer Credit Cards
  • Cash Back Credit Cards
  • Travel Credit Cards
  • Cinema Offers Credit Cards
  • Golf Credit Cards
  • Free For Life Credit Cards
  • Rewards & Offers Credit Cards
  • Shariah Compliant Credit Cards

In order to cater to customers from different income brackets, banks offer a variety of credit cards, each with its own eligibility criteria and credit limit. From free credit cards to premium ones, the following are the types of cards to be considered:

Air Miles Credit Cards in UAE

Air miles, also known as travel points and frequent flyer miles, are a part of a loyalty program offered by the air miles credit cards. Ideally, the cardholder accumulates a set amount of air miles based on how much they spend on the credit card which can be further redeemed for booking flight tickets for free. There are two types of air miles credit cards are available in the UAE. Airline Miles, which are airline-specific reward miles and the other one is Airline ME, which are not linked with any specific airline and can be redeemed in a number of ways.

Top 5 Air Miles Credit Cards in UAE

Bank Credit Card Name Annual Fee (AED) Minimum Salary (AED) View Quotes
Deem Deem Mastercard World Miles Up 500 25000
Emirates Islamic Emirates Islamic Bank Skywards Signature 700 10000
RAKBANK RAKBANK Emirates Skywards World Elite 700 25000
FAB FAB Etihad Guest Infinite Islamic 2500 30000
Emirates NBD Emirates NBD Skywards Signature 700 15000

Airport Lounge Access Credit Cards in UAE

Regardless of the purpose of travel, airport lounge access credit cards can always come in handy. There are several credit cards available in the UAE that offer complimentary airport lounge access to its cardholder where they can relax and unwind before taking off.

Top 5 Airport Lounge Access Credit Cards in UAE

Bank Credit Card Name Annual Fee (AED) Minimum Salary (AED) View Quotes
Mashreq Mashreq Bank Solitaire 1500 25000
Deem Deem Mastercard Titanium Cash Up 200 6500
Emirates Islamic Emirates Islamic Bank Flex Elite 700 25000
FAB FAB Cashback Card 315 5000
Citibank Citibank Emirates Citibank Ultima 3000 36750

Balance Transfer Credit Cards in UAE

A balance transfer credit card helps the cardholder to transfer the high-interest debt from one credit card to another with a low interest rate. Credit cards that offer a balance transfer facility can help the cardholder to save a lot on the high rate of interest by paying off the outstanding debt.

Top 5 Balance Transfer Credit Cards in UAE

Bank Credit Card Name Annual Fee (AED) Minimum Salary (AED) View Quotes
CBD CBD Super Saver 420 8000
Emirates NBD Emirates NBD Lulu Mastercard Titanium Free for Life 5000
FAB FAB Elite Infinite Free for Life 40000
HSBC HSBC Zero Credit Card Free for Life 10000
United Arab Bank United Arab Bank Visa Titanium 300 6000

Cashback Credit Cards in UAE

Cashback credit cards pay its cardholder back some percentage of their purchases or transactions in cash. The bank rewards the card member for the purchase made using a credit card by offering rewards in terms of cashback. However, the cashback amount differs from one credit card to another depending on the type of purchases & monthly caps, plus factoring in minimum spends requirements.

Top 6 Cashback Credit Cards in UAE

Bank Credit Card Name Annual Fee (AED) Minimum Salary (AED) View Quotes
Mashreq Mashreq Bank Cashback Card Free for Life 10000
Emirates Islamic Emirates Islamic Bank Cashback Card 350 8000
FAB FAB Cashback Card 315 5000
Citibank Citibank Citi Cashback Card 300 8000
ADCB ADCB SimplyLife Cashback Card Free for Life 5000
ADIB ADIB Cashback Visa Platinum 1000 10000

Travel Credit Cards in UAE

Frequent travelers would already know how expensive it is to bear all the travel expenditures. From flight tickets to hotel bookings, travel expenses can be very high at times. Keeping travel needs in mind, some of the banks and financial institutions offer travel credit cards that are exclusively designed for avid travelers.

Top 5 Travel Credit Cards in UAE

Bank Credit Card Name Annual Fee (AED) Minimum Salary (AED) View Quotes
ADCB ADCB Traveller Credit Card 1050 20000
Deem Deem Mastercard Titanium Cash Up 200 6500
Standard Chartered Standard Chartered Platinum 525 8000
CBD CBD Smiles Visa Platinum 366.45 8000
RAKBANK RAKBANK Mastercard World 750 20000

Cinema Offers Credit Cards in UAE

Who does not love watching a movie in the theatre after a long working week? What better way to enjoy this if one can avail free movie tickets or discounts on booking cinema tickets? To reward its customers, some of the credit card lenders or banks in the UAE have tied up with cinemas such as VOX cinema and Reel Cinema that enables the cardholder to avail great discounts and offers on movie tickets such as complimentary movie tickets, discount on tickets as well as refreshments. Getting cinema offers credit cards especially for a movie lover is not less than a treat since it is a smart way to save money on movie tickets.

Top 5 Cinema Offers Credit Cards in UAE

Bank Credit Card Name Annual Fee (AED) Minimum Salary (AED) View Quotes
Emirates Islamic Bank Emirates Islamic Bank Etihad Guest Platinum 199 8000
FAB FAB Cashback Card 315 5000
Citibank Citibank Citi Prestige Card 1500 30000
CBD CBD Super Saver 420 8000
Standard Chartered Standard Chartered Bank Manhattan Platinum 525 8000

Golf Credit Cards in UAE

UAE is home to some of the finest golf courses in the world and also golf has become more than a sport in the country. It is no wonder that most of the banks and financial institutions offer golf credit cards that offer benefits to the customers who are either part-time or full-time golfers.

Top 5 Golf Credit Cards in UAE

Bank Credit Card Name Annual Fee (AED) Minimum Salary (AED) View Quotes
Mashreq Mashreq Bank Solitaire Card 1500 25000
Emirates Islamic Emirates Islamic Bank Skywards Signature 700 10000
Citibank Citibank Emirates Citibank Ultimate 800 18000
Standard Chartered Standard Chartered Bank Manhattan Platinum 525 8000
Emirates NBD Emirates NBD Skywards Signature 700 15000

Free For Life Credit Cards in UAE

While plenty of luxury credit cards in the UAE come with an annual membership fee, there is a wide range of top tier credit cards that offer ample benefits and rewards without charging an annual membership fee for a lifetime. Such types of credit cards are known as free for life credit cards or lifetime free credit cards.

Top 5 Free For Life Credit Cards in UAE

Bank Credit Card Name Annual Fee (AED) Minimum Salary (AED) View Quotes
ADCB ADCB SimplyLife Cashback Card Free for Life 5000
ADIB ADIB Value Card Free for life 5000
Mashreq Mashreq Bank Cashback Card Free for life 10000
Emirates Islamic Emirates Islamic Emirati Card Free for life 5000
Deem Deem Mastercard Platinum Miles Up Free for Life 10000

Rewards & Offers Credit Cards in UAE

Rewards & offers credit cards are one step ahead of the basic credit cards since they offer extraordinary benefits to its cardholders. Such type of credit cards usually provide rewards in terms of cash back, air miles, discounts, and other privileges for the amount that the card members spend with their credit card.

Top 5 Rewards & Offers Credit Cards in UAE

Bank Credit Card Name Annual Fee (AED) Minimum Salary (AED) View Quotes
Mashreq Mashreq Bank Solitaire Card 1500 25000
Emirates Islamic Emirates Islamic Bank Skywards Signature 700 10000
RAKBANK RAKBANK Emirates Skywards World Elite 700 25000
FAB FAB Cashback Card 315 5000
Deem Deem Mastercard Titanium Cash Up 200 6500

Shariah Compliant Credit Cards in UAE

According to shariah law, Muslim people are not permitted to do business with any organization or take part in any sort of financial practice that levies interest i.e. Riba.  

On the basis of Shariah law, few banks and financial institutions in the UAE offer Shariah Compliant Credit Cards. This type of Islamic credit card strictly follows shariah principles that charge profit rate instead of interest rate since Riba is strictly prohibited as per the shariah-Islamic law. However, Shariah Islamic credit card functions similarly like a traditional credit card but with slight differences in the offered benefits and features.

Features of Credit Cards in UAE

Here are some of the most commonly offered benefits:

  • Cash Back: Every time the cardholder makes a transaction using this card, they earn reward points. These reward points can then be redeemed as cash, which is credited directly into their account. Some credit cards in UAE offer cashback benefits. These cash back cards offer a return on every single transaction made using the card. While making any credit card comparisons in UAE, the applicant must keep these card-specific benefits in mind.
  • Air Miles: For the cardholder who flies a lot, whether for business or for pleasure, the air miles is the most beneficial feature to be availed with these plastic cards. Some of the best credit cards in UAE reward the cardholder with air miles per unit of currency spent (which is usually higher on foreign currency). These miles can be redeemed for booking flight tickets, flight tickets upgrade from economy to business or business to first-class, and even for shopping at selected venues.
  • Airport Lounge Access: The cardholder can spend their waiting time at an airport in luxurious lounges across thousands of locations with certain credit cards. Depending on which credit card the cardholder has opted for, they may also be entitled to bring a guest along with them. The card member can compare credit cards to find the most suitable one, which offers lounge access to the nearby airport, as it will probably be utilized the most.
  • Cinema Offers: Many credit cards offer ‘buy one- get one free’ schemes to the cardholder. It let the cardholder avail complimentary movie tickets. The card offers exclusive benefits for the cardholder who is an avid movie-goer. If the applicant wishes to apply for a credit card through the bank’s website, they ought to check the benefits offered in details at the individual product page and compare credit cards before applying.
  • Golf Benefits: UAE is home to some of the most stunning golf courses in the world. By opting for gold benefits credit card, the cardholder can avail the golf benefits. Depending on the type of card, the they can access the manicured greens at prestigious golfing locations across the country.
  • Travel Gains: For a well-travelled card member, the best credit card is the one that offers travel benefits. Starting from cash backs on hotel bookings all over the world, these credit card benefits also let the cardholder rack up reward points overnight on hotel stays and avail amazing deals on international events and cuisine.  Furthermore, travel benefits may also include discounted car rentals and complimentary travel insurance.
  • Rewards & Offers: From discounts on high-end gourmet meals to promotions on furniture and grocery shopping, many credit cards in UAE offer an impressive variety of spending options and extremely flexible reward systems. These rewards and offers are updated regularly too so that the cardholder can make the best of their cards. If the cardholder wants, they can use the reward points to redeem the annual membership fee of the credit card.
  • Security Advantage: In order to monitor and protect all the issued credit cards in UAE, early warning fraud detection programs are a must for every bank. Most banks also offer a zero liability policy on lost credit cards. It ensures that cardholder does not have to bear charges on lost or stolen cards.
  • Purchase Protection: The benefit of purchase protection is offered on selected cards. Such cards offer coverage for new purchases in case any newly purchased item is damaged or stolen within a certain period of time from the date of purchase. The damaged/ stolen good is either replaced or reimbursed for the full value, as per the bill.

Eligibility Criteria for Credit Card in UAE

The following factors could affect the chances of an applicant of qualifying for a credit card in UAE:

  • Age: When it comes to being eligible for a credit card, age is an important factor. Most banks offer plastic cards to applicants between the age of 21 years to 60 years. But it is still possible to get a card as early as 18, if the applicant can show a source of independent income. Applicants under the age of 18 years require a legal guardian to co-sign their application.
  • Income: The applicant cannot obtain a credit card without showing a source of income. Monthly income also determines the type of card one can qualify for.
  • Credit History: While it is possible for applicants with low credit scores to obtain a credit card, they will be given very limited options such as that of fee-free cards. In order to qualify for the best credit cards in UAE, it is a must to have an impeccable credit history which should ideally be between 300-900 score. Simply put, the applicant with the best credit history will get the best card with extensive offers.
  • ID Proof: A valid ID proof is an essential requirement for availing this card. UAE Nationals must show their Emirates ID, while expatriates must show relevant documents such as their passport and visa.
  • Address Proof: When it comes to applying for plastic money, an address proof is a must. Some banks may even reject the application of those living in isolated places with little connectivity.
  • Nationality: Certain credit cards in UAE are offered exclusively for UAE nationals. In such cases, nationality also becomes a criterion for eligibility. Moreover, even the Emirate an applicant resides in can make an impact on the application. For example, for a credit card in Dubai, online applications may be favored more as compared to those in the other Emirates.

Note- The best credit cards in Dubai and the rest of the UAE have the strictest eligibility criteria. To increase the chances of credit card eligibility in UAE for the best card offers, the applicant ought to maintain a good credit history and bank balance.

How to Apply for a Credit Card in the UAE?

The applicant can apply for a credit card either by visiting a branch of the preferred card provider or through the bank’s online portal (if available). Online comparison is the best way to opt for the right plastic card, where one can easily compare credit cards as well. Online credit card is the safest and less time-consuming process where the applicant can get additional offers from the respective banks.

Documents Required to Apply for a Credit Card in the UAE

The applicant will require the following documents to apply for a credit card:

  • Application Form: A duly filled and signed application form is necessary. Most online credit card applications accept a digital signature.
  • ID Proof - For Emiratis, this would be the Emirates ID. Expats will need to present their original passport.
  • Address Proof - The banks ask for a proof of address from both, expats as well as Emiratis.
  • Proof of Income -As mentioned earlier, the credit card eligibility in UAE depends on the minimum monthly income. The bank statement or salary slip can be used as a proof of income. Certain banks may also ask for an entire year’s statement to determine whether the applicant has a stable source of income or not. The applicant applying for the best credit cards will also be required to maintain a minimum balance in their account.

How Can Applying with Policybazaar.ae Help?

Applying for a credit card in UAE can be a time-consuming process, especially with the similar rewards and rates of interest offered by different cards. Here, Policybazaar.ae helps the applicant to save time and zero down on the right card of their choice. Here is why they should opt for Policybazaar.ae to initiate their research:

  • Compare available Cards -As an aggregator website, Policybazaar.ae offers its customers a platform to compare different types of credit cards in UAE. There is no better place to compare credit cards than Policybazaar.ae and get the right one in a hassle-free manner.
  • Unbiased Approach -ae doesn’t favor any specific brand. The card comparison results are strictly statistic based. Policybazaar.ae follows an unbiased approach by aiming for an accurate representation of all credit card offers in UAE, to help make the decision easier for the applicant.
  • Accuracy -In order to provide accurate results, the comparison results are updated on a regular basis. By sharing accurate and up to date figures on annual membership fees, interest rates and more, Policybazaar.ae helps the individuals to come across the best credit card in UAE and makes the credit card application an easy victory.
  • Customer-First -ae’s customer-first approach has earned the reputation of a friendly and approachable organization, dedicated to the welfare of the customers. Whether a user is unsure about how to apply for such plastic money or just wants to learn about the credit card offers available in UAE, Policybazaar.ae’s executives are always willing to answer such queries of their customers.

How Credit Card is different from a Debit Card?

The basic difference between any debit and credit card is that the former takes funds from the checking account of the card member, while the latter makes use of the money of the issuer and bills the cardholder later. The table below clearly describes the difference between a debit and a credit card.

Debit Cards Credit Cards
  • This type of plastic card offers the cardholder an easy method of withdrawing funds from their checking account directly.
  • A credit card provides credit to the cardholder for making balance transfer, purchases, and cash advances. They will have to repay this credit amount in the future.
  • Since these funds are not borrowed or taken as loan, no rate of interest is levied on them.
  • Since funds are borrowed in case of credit cards, the cardholder has to pay the interest. They will also have to bear interest charges on cash advance and balance transfer.
  • There is no need to make a minimum monthly payment.
  • They will have to make the minimum payment at least before or on the payment due date.
  • The banks usually not charge any annual fee on debit cards.
  • The banks charge an annual fee on a credit card in UAE. However, there are some “free for life” cards available.
  • The cardholder, however, must take care that they do not charge more funds than what is available in their account.
  • The credit card member will have to take care that they do not exceed the credit limit as determined by their bank.

Credit Card FAQs

What is the difference between rewards and cash back on credit cards?

Rewards Credit Card offers reward points on the frequency of swipe of your credit card. While the Cashback Credit Card offers a percentage of your purchase as cashback.

The most basic cashback offered is 1% of the purchase. You can use the cashback to pay off your annual fees or get it deposited in your account. One of the best cashback cards in the UAE is NAJM cashback Platinum Credit Card.

With the Rewards Credit Card, you can avail discounts on shopping and dining, gift cards, etc. One of the best Rewards Credit Card in the UAE is the Citi Prestige Credit Card.

Do credit cards also offer travel benefits?

Credit card specifically designed for travel benefits is called travel credit card. This type of credit card is suited for frequent fliers. With the travel credit card, a cardholder receives air mile points for every single AED spent. Not only that, the travel credit card offers lifestyle benefits too. Some of the other benefits of the travel credit card include shopping and dining discounts, discounts on hotels and flight tickets. The cardholder can also access the airport lounges. There are some additional benefits too.

Do all credit cards feature an annual fee and joining fee?

No, not all credit cards have an annual and a joining fee.  Recently, many financial institutions in the UAE have started offering Free for Life Credit Cards. However, those Credit Cards that are free for a lifetime have limited benefits and rewards. While the credit cards that have annual fees offer higher benefits and rewards too.  All the credit cards also have monthly interest rates attached to them.

How will I be able to own a credit card without paying any interest?

Most of the credit cards offer a no-interest period of around 50 to 55 days. If you are able to pay the complete balance outstanding during this period, then you won't be charged any interest.

What can I do in a situation where I am struggling to make the minimum payment due on my credit card?

In such a situation, you should arrange a meeting with an executive from your bank, then discuss the options available to you with them. You can perhaps convert the balance outstanding into a loan so as to pay off this balance on your card more quickly and at lower interest rates. If you are able to arrange this, then cut your card up and never make use of it again.

What does a Credit Card Balance Transfer mean?

When the balance from 1 credit card account is transferred to the other credit card account, it is known as the credit card balance transfer. When this balance transfer process gets completed, the cardholder will no longer owe any amount to the original credit card issuer, instead, the cardholder will owe this debt to the second credit card issuer.

Will I be able to use my credit card abroad?

Generally, you can use your credit card for making purchases abroad, but with all the restrictions that are applied while using it domestically. You might have to pay a foreign transaction charge at a certain percentage of the value of every transaction, so the best option is to use cash wherever possible.

Keep in mind, in a few cases, these charges are applicable to purchases made using foreign currency, even though you are sitting at home. Example, in case you purchase something online and make the payment in dollars, you might have to bear foreign transaction charges, verify with your bank in case of any ambiguity.

Some credit cards available charge no foreign transaction fees and designed specially designed for those cardholders who travel frequently and often make use of their credit cards abroad.

What can I use my credit card for?

More or less, credit cards can be used anywhere and anytime. They can be used for shopping online, at stores as well as on the call. However, keep in mind that all the credit cards are not accepted at all the retailers, as some banks might charge a high handling fee from the business, so many of these establishments will not accept payments made from the cards of these banks.

If my credit score is poor, can I still get a credit card?

You might have some trouble in getting the best credit card deals in the case that your credit rating is limited or poor. In a few cases, your application might be rejected altogether and you will not be able to buy a conventional credit card.

In such cases, you should take into consideration a credit card that has credit building features. These credit building cards come with high APR and their credit limit is low because of which you will be able to make your credit score better with time as you keep using them. This, in turn, will make your credit ratings better in the future when you wish to get better credit. Check out some common myths about credit score.

What does my credit rating mean?

Essentially, your credit ratings are your financial footprints. Credit ratings record all the past dealings you have done on credit, loan or any other such product. All the late and missed payments appear as a negative effect on your credit rating. This includes the missed payments for your subscriptions, utility bills and your library fines as well.

You can easily find your credit score on any of the agencies for credit checking active in the UAE.

In case you hold a non-existent or limited history through credit or loan, then your credit rating will become worse in this case.

While applying for a credit card, or any kind of loan for that matter, there will be an assessment of your credit rating. You can take out a better product if you have a better credit rating, vice versa. Here you can find the best way to improve credit score.

How can I pay off the credit card I own?

It is very simple and straight-forward to pay off the balance of a credit card and this can be done in many ways. It can be done over a phone call with the card provider, via a post through a cheque, through bank transfer, by setting up a debit directly to pay the minimum amount every month and the rest is to be done manually, or by visiting the branch and paying off your balance in person in the case where your card is issued by a bank or by a building society which has branches that you are able to visit.

The best option is paying off as much amount as you are capable of every month so as to avoid the payment of high interest on the balance remaining. Each credit card has a minimum amount which you should pay every month in order to avoid any hefty charges.

Do I need to pay interest on all purchases that I make using my credit card?

If in case you pay your credit card balance in full every month, you will not be charged any interest at all. When you do not pay the balance in full, then you will have to bear interest charges. If you hold a card that has an introductory zero percent interest period, in that case, until the time you maintain the minimum payment monthly in that duration, you will not have to bear any interest.

How can I know the credit limit other such information about my credit card?

The documents related to any credit card include a summary box of the credit card. The summary box includes all the information that is relevant to your credit card along with the APR, the credit limit and the breakdown of all the reward schemes or fees associated with the card in detail. Although the summary box includes all the information you might need, however, in case there is any information you are unable to find, then you can contact your bank and they will be able to help you.

How can I find out the due amount on my credit card?

The due amount for payment is mentioned in your statement of a credit card as "Total Payment Due". By making the payment of this amount, either on or prior to the due date, you can avail the advantage of a no-interest period on the credit card. The amount due in the credit card bill includes all the unpaid balance carried from the last statement, expenses that are billed for the current period, interest charges, annual fees (one-time in a year), a joining fee (only when taking a fresh card) and a lot of other taxes and charges.

What does the CVV number on my card mean?

The Card Verification Value or CVV Number is a three-digit number printed on the backside of the credit card at the right corner of the signature panel. It is also called the CVV2 and is an important part of the process of verification, especially for online transactions. This number must not be shared with anyone.

What does the Minimum Payment Due mean?

There is a minimum amount that you are required to pay either on or prior to the due date. Generally, this amount is calculated as a certain percentage of the total amount that is due according to your recent card statement. By making the payment of the minimum amount due on time, you will not have to bear late payment fees. But, keep in mind that making only this minimum payment on the amount due is a rookie mistake. Check out more about monthly minimum payments and other important credit card terms.

How much time will it take for me to apply for and receive a Credit Card?

It is just a matter of minutes when it comes to applying for a credit card online. When you are done with the process of online application and submitted it, you will be contacted by the executives from the bank and will be asked to submit a few supporting documents. As soon as your complete application form is received by the bank along with the required documents, it will take 2 weeks for your application to get processed. If the all the documents submitted by you are appropriate, the application has been approved, and all the verification is done by the bank, then your new credit card will be sent to you within seven working days. You will receive alerts on your application status timely through SMS on the mobile number mentioned in your form. You will also receive updates via emails which will be sent to your registered email ID.

Should I apply for a credit card online or visit a branch?

The most convenient method of applying for a credit card these days is through the online banking option of the bank. You can apply for the credit card of your choice sitting at home, or being anywhere else in the world, however, in case you are not comfortable with applying online, then you can visit the brick and mortar branch of the bank, then fill and submit the application form for buying a credit card of your choice. Here are some simple steps to apply for credit card online.

What is the difference between a credit card and a debit card?

Simply put, a credit card lets you spend credit amount that can be paid back later at the due date as pre-determined by the bank whereas, a debit card is attached to the bank account and lets you spend the existing amount in the account. In case of intended usage, the debit card must be used for both, in-store payments and for cash withdrawals, while, credit cards must be used for the former, however, the cardholder can make a certain amount of cash withdrawals using the credit cards (known as a cash advance) but at hefty charges.

Can I use my credit card for cash withdrawals from an ATM in Dubai?

Yes. You can sue your credit card to withdraw cash through an ATM in Dubai, however, when you do so, you will have to bear hefty cash advance charges. Hence, you should make such withdrawals only when it is completely necessary.

Whenever possible, you must make use of your credit card just for making purchases and not for withdrawing cash.