Emirates NBD offers a variety of credit cards in the UAE designed to suit different financial needs and lifestyles. Applicants must meet certain criteria to be qualified for an Emirates NBD credit card. Note that the Emirates NBD credit card eligibility may vary depending on the specific card chosen and its associated benefits and features.
Read on to learn more about different ENBD card requirements, and the factors affecting the eligibility.
Given below are the key aspects influencing your Emirates NBD credit card eligibility:
Income Level
As mentioned above, Emirates NBD credit card salary eligibility is a crucial metric. This ensures that you have a steady source of income to manage monthly payments. Higher-income levels may have access to premium cards with extensive benefits.
Employment Status
Fixed and stable employment is crucial for credit card eligibility. Emirates NBD prefers you if you have a full-time job, a permanent work contract, or are self-employed, as this reflects financial stability.
Age
Age plays a key role in determining Emirates NBD credit card eligibility. Most banks set a minimum age requirement of 21 years. On the contrary, some banks impose a maximum age limit, usually around 60-65, as older applicants may face a reduced income after retirement.
Debt-to-Income Ratio
The debt-to-income (DTI) ratio plays a crucial role in Emirates NBD credit card eligibility.
Higher DTI = Excessive debt relative to income = Reduced chances (and credit limit)
Note: To get new debt in the UAE, your debt-to-income ratio must not be beyond 50%.
In a Nutshell
Emirates NBD credit card eligibility criteria are assessed by various factors, including income level, employment status, credit score, debt-to-income ratio, and age. These criteria help the bank to determine your financial stability and repayment capacity. It reduces the risk of default.
By evaluating these factors, banks can offer suitable credit limits and tailored benefits. Meeting eligibility requirements not only increases approval chances but also allows you to access your preferred credit card.
Q1. How do I apply for an Emirates NBD credit card?
Ans. You can apply for an Emirates NBD credit card through multiple online and offline ways. When planning to apply online, you can visit our credit cards section, the bank’s website or the online banking portal to apply for an Emirates NBD credit card. On the other hand, you can submit an offline credit card application to one of the bank’s nearest branches.
Q2. How do I check my Emirates NBD credit card eligibility?
Ans. You can simply visit the bank’s website or our credit cards section to check your Emirates NBD credit card eligibility. As per the bank, you must be a UAE resident not less than 18 years old and have a good credit score to become eligible for a credit card.
Q3. Am I eligible for an Emirates NBD credit card as a salaried individual?
Ans. Even if you have a fixed salary being credited to your account every month, you still need to meet the minimum monthly income criteria of your chosen Emirates NBD credit card. You can contact the help and support team of the bank to check the minimum income criteria of your preferred Emirates NBD credit card.
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