Credit Card Offers on Gold Purchase in UAE

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  • Cashback up to AED 2,000
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The UAE is renowned for its Gold souks and variety of gold jewellery, with the country drawing the attention of tourists and locals alike to its gold souks. Your purchase of gold in the UAE can now be easier than before, with numerous banks and credit card providers in the UAE offering a plethora of gold purchase credit offers in the UAE.

Let’s know more about these gold purchase offers on credit cards through the article below.

Top Gold Purchase Offers on Credit Cards in the UAE

Tabled below are the top credit cards with gold purchase offers in the UAE -

Credit Card Offer  Validity
RAKBANK Kalyan Jewellers Credit Card Get Goldback on all spends NA
Emirates NBD Credit Cards 0% instalment plan for 6 and 12 months for purchase from Malabar Gold and Diamonds NA
FAB Credit Card 0% instalment plan for 3 and 6 months for purchasing from Malabar Gold and Diamonds December 31st, 2023
ADIB Credit Cards 0% instalment plans for purchase from the top jewellers in the UAE NA
HSBC Credit Cards Flexi instalment plans on Joyalukkas Jewellery and Malabar Gold and Diamonds  September 25th, 2023 (for Joyalukkas Jewellery) and March 9th, 2023 (for Malabar Gold and Diamonds)
Emirates NBD Credit Cards 0% instalment plan for 6 and 12 months for purchase from Joyalukkas Jewellery NA

RAKBANK Kalyan Jewellers Credit Card

This credit card offers Goldback on all your gold spends. You can use this credit card and earn up to 4.5% Goldback on domestic spends and earn up to 7% Goldback on international spends.

Gold Purchase Offers on Credit Card -

1. On local spends -

Monthly Spend Tiers Goldback % on Purchase at Kalyan Jewellers in the UAE
Up to AED 14,999.99 1.5%
AED 15,000 to AED 29,999.99 1.5%
AED 30,000 and above 1.5%
Minimum Monthly Spends NIL
Maximum Goldback per month No Cap

2. On global spends -

Monthly Spend Tiers Goldback % on Purchase at Kalyan Jewellers (India)
Up to AED 14,999.99 2%
AED 15,000 to AED 29,999.99 2%
AED 30,000 and above 2%
Minimum Monthly Spends NIL
Maximum Goldback per month No Cap

3. Purchase gold or diamond jewellery with a minimum worth of AED 1,000 at Kalyan Jewellers in the UAE and avail of 0% Easy Payment Plan for 3 or 6 months on the gold purchases.

Most Popular Credit Card in UAE

Emirates NBD Credit Card

Malabar Gold and Diamonds Jewellery

  • Gold Purchase Credit Card Offers in the UAE - Avail of 6 or 12 months 0% interest instalment plan on gold purchase. 
  • Terms and Conditions - You need to make a minimum spend of AED 1,000 to get this offer. You can make use of these offers at Malabar Gold and Diamonds stores in the UAE.

Joyalukkas Jewellery

  • Gold Purchase Credit Card Offers in the UAE - Avail of instant 6 or 12 months 0% interest instalment plan on purchases like gold, diamond, and Masaaki Pearl. 
  • How to Avail of this Gold Purchase Offer on Credit Card - Pay for the bill using Emirates NBD credit card and ask for 0% interest instalment plan at the counter. The jewellery store will instantly convert your transaction.
  • Terms and Conditions -
    • The offer is not valid on gold coins or bars.
    • You need to make a minimum spend of AED 1,000.
Most Popular Credit Card in UAE

FAB Credit Card

Malabar Gold and Diamonds Jewellery

  • Gold Purchase Offers on Credit Card - Get 0% profit instalment plan for 3 and 6 months on gold and diamond jewellery. 
  • Validity - December 31st, 2023
  • How to Avail of this Gold Purchase Offer on Credit Card - Apply for this 0% profit instalment plan by typing “EPP” and sending it to 2121. The bank will connect with you, take details of the transaction, and transform it into 0% profit Easy Payment Plan.
  • Terms and Conditions -
    • You need to make a minimum spend of AED 1,000 at the participating outlet.
    • You will be charged a processing fee at the time of booking and billed to the main credit card. Processing fee for 3 months - 1% and Processing fee for 6 months - 2%.
    • In case you cancel the 0% profit EPP, there will be no processing fee.
    • First Abu Dhabi Bank holds the right to modify or terminate the promotion without any notice to you.
    • In case of early settlement, you will be charged 1% of the outstanding principal amount (or up to AED 10,000).
    • This offer is valid on eligible purchases only.

Bhima Jewellers

  • Gold Purchase Offer on Credit Card - Enjoy 0% interest instalment plan for 3, 6, 9, or 12 months on gold and diamond jewellery purchases
  • Validity - December 31st, 2023
  • How to Avail this Gold Purchase Offer on Credit Card - To avail of 0% interest payment plan, make a purchase at a participating retail outlet using the FAB credit card. You can apply for 0% interest EPP via FAB mobile app or FAB online banking. You can also send an SMS “EPP” to 2121. The bank will connect with you to take all the transaction details and convert it into 0% interest Easy Payment Plan. 
  • Terms and Conditions -
    • You need to make a spend of at least AED 1,000.
    • The offer is not valid on the purchase of gold bars and coins.
    • You will be charged a processing fee at the time of booking that will be billed to your primary credit card. The charges are as follows for different EPPs -
      • 3 months - 1% of the eligible purchase amount 
      • 6 months - 2% of the eligible purchase amount 
      • 9 months - 3% of the eligible purchase amount 
      • 12 months - 4% of the eligible purchase amount 
    • In case you cancel your 0% interest EPP, there will be no refund on the processing fees. 
    • The card should have good standing as decided by FAB. 
    • In case of early settlement, you will be charged 1% of the outstanding principal amount (or up to AED 10,000).
Most Popular Credit Card in UAE

ADIB Credit Card

Gold Purchase Offers on Credit Card - On your gold purchase using an ADIB credit card, you can pay back the bill in easy instalments of 3, 6, 9, or 12 months at 0% profit rate with 100% waiver on Murabaha Monthly Profit. Note that there is no processing fee. 

Merchant Name Tenure  Minimum Transaction Amount Exceptions
Joyalukkas 3 or 6 months AED 1,000 Offer not available on gold coins and bars
Al Liali Jewellery 3 or 6 months AED 1,000 Offer not available on gold coins and bars
Pure Gold 3 or 6 months AED 1,000 Offer not available on gold coins and bars
Malabar Gold and Diamonds 3 or 6 months AED 1,000 Offer not available on gold coins and bars
Kalyan Jewellers 3, 6, or 12 months AED 1,000 Offer not available on gold coins and bars

Terms and Conditions -

  • You can call on 600543216 and connect with an ADIB call centre executive to convert the transaction into EIP.
  • Your outstanding balance and EIP amount should not go beyond 95% of the card limit.
  • Easy Instalment Plan (EIP) needs to be availed within 30 days from the transaction date.
  • A minimum transaction of AED 1,000 is mandatory to avail of this benefit.

HSBC Credit Card

Joyalukkas Jewellery

  • Gold Purchase Offers on Credit Card - Avail of Flexi Instalment Plans of 3 or 6 months at 0% interest rate on gold purchases starting at AED 1,000. The offer is valid for all credit card holders of HSBC UAE.
  • Validity - September 25th, 2023
  • Terms and Conditions - 
    • The offer is not valid for 24K gold products, bullion or bars, gold coins, and loose diamonds. 
    • All the terms and conditions related to Flexi Instalment Plan apply. 
    • You can avail of this plan only if you use the HSBC credit card granted in the UAE to settle your entire bill.
    • You can connect with the concerned executive to book your transaction into a Flexi Instalment Plan. 

Malabar Gold and Diamonds

  • Gold Purchase Credit Card Offers in the UAE - Avail of the Flexi Instalment Plan and repay your bill in 6 equal monthly instalments at 0% interest rate using your HSBC credit card. This offer is valid on all the credit cards granted in the UAE. 
  • Validity - March 9th, 2024
  • Terms and Conditions - 
    • The offer can be utilised only if you make a minimum spend of AED 1,000 at any Malabar Gold store using your HSBC credit card.
    • The offer is not available for Gold bullion, gold coins, or bars.
    • All the terms and conditions related to Flexi Instalment Plan apply.
    • You can avail of this plan only if you use the HSBC credit card granted in the UAE to settle your entire bill.
    • You can connect with the relevant executive to book your transaction into a Flexi Instalment Plan.
Most Popular Credit Card in UAE

FAQ's

Q1. What is HSBC’s Flexi Payment Plan on credit cards in the UAE?

Ans: This is an easy payment plan offered by the bank where you can convert your credit card purchase into 3 or 6 months equated monthly instalments at a 0% interest rate.

Q2. What should be the maximum goldback you can get per month on your domestic spending using your RAKBANK Kalyan Jewellers Credit Card?

Ans: If you purchase gold jewellery from Kalyan Jewellers within the UAE using your RAKBANK Kalyan Jewellers credit card, you can earn unlimited goldback, i.e., there is no cap on goldback per month if you make a purchase from Kalyan Jewellers. 

In the case of spending money on non-Kalyan Jewellers stores, you can earn up to AED 1,200 per month as goldback.

Q3. What is the mandatory minimum spend to avail of gold purchase credit card offers in the UAE?

Ans: You need to make a minimum spend of AED 1,000 on the eligible retail outlet.

Q4. Till when is gold purchase credit card offer in the UAE on FAB credit card valid?

Ans: The validity for gold purchase credit card offers in the UAE for FAB credit cards is December 31st, 2023.

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