How to Get a Credit Card for a Salary Below AED 4000 in UAE?

A credit card comes in handy whenever you need some extra money for shopping or paying off utility bills by offering instant debt. With a credit card, you have the freedom of spending money today and paying for it later. Owing to the benefits of credit cards, many people have been switching to purchasing a credit card in the UAE. However, many people are not able to meet the minimum salary requirement for applying credit card. According to the norms of the banks, none of the credit card providers offer a credit card to an employed individual whose minimum salary is AED 4,000 or less. To purchase the best credit card in UAE, you need a minimum salary of AED 5,000. If you have a minimum salary of less than AED 4,000, you cannot obtain a credit card in the UAE. However, you can try some indirect ways that might allow you to obtain a credit card with a salary of AED 4,000 as well.

Ways to Get a Credit Card with Minimum Salary 4000 in UAE

Taking a Personal Loan

Many of you must be wondering, how can a personal loan help us in getting a credit card with minimum salary of AED 4,000. Let us tell you that when you take a personal loan, some banks in the UAE offer a credit card along with it. For instance, RAKBANK offers a complimentary credit card at zero joining fee and zero annual fees and a low rate of interest with RAK personal loan. This allows you to receive a credit card for free and receive some extra amount for other expenses. However, you should calculate if taking a personal loan just to get a credit card is a financially sound decision or not. Also, owing to the minimum salary limit, you may find it difficult to procure personal loan from RAKBANK with a minimum salary of AED 4,000.

Opening a Fixed Deposit Account

A fixed deposit account allows you to earn high interest on your savings, in some cases, it also you to have a credit card. A few financial institutions and banks in the UAE permit you to apply for a credit card irrespective of your salary if you have opened a fixed deposit account with the bank. You can apply for a credit card even with a minimum salary of AED 4,000 via fixed deposit account.

How does it work?

When the bank offers you a credit card, it asks for a minimum salary requirement. This minimum salary is to confirm whether you will be able to repay the debt later. If your salary is AED 4000 or less, banks hesitate in offering you a credit card. In such a case, banks seek monetary security that acts as financial collateral to ensure that your debt is repaid. The amount that you deposit in the fixed deposit account is used by the bank as a security deposit to pay your debt in case you are unable to pay it. Opening a fixed deposit account is one of the best ways of receiving a credit card with a minimum salary of AED 4,000.

Which banks are offering this facility?

Creating an alternative for credit card buyers, the National Bank of Fujairah (NBF) allows you to apply for an NBF Classic credit card in the UAE if you already have an account or you open an NBF Fixed Deposit account.

Features & Benefits of NBF Classic Credit Card

• No Interest Rate on Installment Plans
• Flexible repayment facility
• Balance transfer facility
• EZ draft facility
• Accepted all around the world
• Cash Advancement Facility
• Direct Debit Facility
• Foreign Transactions
• Mobile Banking
• SMS Alert Service
• 60% Cashback on movie tickets at VOX, Roxy, and Reel Cinemas

Savings Account

Popularly savings Account is known for saving money and earning interest on savings. Besides, many people open savings account because it keeps their capital fluid allowing them to borrow money from their savings account whenever they need it. However, savings account serves another less known purpose i.e. providing credit card. A few banks in the UAE allow you to apply for a credit card with a minimum salary of AED 4,000 if you have opened a savings account with the bank.

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How does it work?

When you open a savings account in a bank you deposit some amount in the bank. The bank offers you credit card against the balance in the savings account since the bank can use the savings account balance as collateral in case you are not able to repay your debt. The credit limit on your credit card will be equal to the amount you have deposited in your savings account. For instance, let us say that you save AED 1,000 with the minimum salary of AED 4,000 every month in the UAE. In four months, you will be able to deposit AED 4,000 in your bank account. Now after four months you decide to apply for a credit card. On the basis of your savings account balance, the bank will approve your credit card application and will grant you a credit card with a limit of AED 4,000. If you are unable to repay the credit card debt in future, the bank will use your savings account balance as collateral amount to clear the outstanding amount.

Top 10 Credit Cards on Below AED 4000 Salary in UAE

Though you can use the aforementioned indirect methods to procure a credit card with a minimum salary of AED 4,000, we advise you that you should wait for a little while till your salary does not reach to AED 5,000. Once, your salary is AED 5,000 or above, you can get the best credit cards in the UAE without any problem. It is always better to opt for the easier choice where you can comfortably receive the credit card without any hassle. As soon as your salary touches the AED 5,000 mark, you can consider this list of top 10 credit cards with AED 5,000 salary in the UAE:

• Emirates NBD Lulu Mastercard Titanium Credit Card
• Emirates NBD U By Emaar Family Credit Card
• RAKIslamic Gold Credit Card
• RAKBANK Red Matercard Credit Card
• DIB Prime Platinum Card
• Emirates Skywards DIB Platinum Credit Card
• FAB Standard Credit Card
• FAB du Titanium Credit Card
• Citi Simplicity
• CBD Titanium Mastercard

Emirates NBD Lulu Mastercard Titanium Credit Card

Features of Emirates NBD LuLu Mastercard Titanium Credit Card

• Priority Checkout
• Early Access to major sales and promotion
• Free shipping
• Monthly discounts and exclusive offers
• Amazon Prime Membership
• Buy 1 get 1 offer
• Globally accepted
• Quick payments
• Pay in installments
• Convenient Utility Bill payments
• Discount on travel
• Auto Salik top-up
• Lulu points
• Access to Emirates NBD exclusive SkyShop store
• Free Balance Transfer
• Airport Lounge Access
• Discounted rides with Careem
• Udemy Discounts
• Lingokids
• Contactless Payment
• Higher security

Emirates NBD U By Emaar Family Credit Card

Features of Emirates NBD U By Emaar Family Credit Card

• Lifetime free
• Reward Points on Spends
• 30% Discount on Emaar Entertainment facilities such as Dubai underwater Zoo, Kidzania, and Dubai Ice Rink
• Up to 3 free movie tickets in a month
• Discount on lifestyle hotels
• Discount on Dining
• Discount on Emaar Hospitality Venues
• 0% Installment Plans
• Purchase Protection
• Flexi Payment Option
• High security
• Extended Warranty
• Cash Advancement
• Complimentary Valet Parking
• Utility Bill Payments
• 55 interest-free days
• Free Life Insurance
• Complimentary Roadside Assistance 24/7
• Contactless Payments
• Auto Salik Top-up
• International Medical and Travel Assistance

RAKIslamic Gold Credit Card

Features of RAKIslamic Gold Credit Card

• Reward on spends
• No Annual Fee
• Free Supplementary Cards
• Purchase Protection
• Exclusive offers on holidays, jewelry, electronics, furnishing, dining, and much more
• Up to 55 profit-free days
• Cash Advance up to 80% of your credit limit
• Minimum Monthly Payment of just 3%
• Discounts on dining and shopping
• Exclusive global discounts and privileges on premium brands and hotels
• 10% off on rentalcars.com
• Buy one get one offer
• Up to 60% discount on European Shopping Villages
• Up to 20% discount on first three rides every month at Uber
• Up to 30% at over 2,000 restaurants with RAKfoodie

RAKBANK Red Matercard Credit Card

Features of RAKBANK Red Matercard Credit Card

• Up to 1.5% cashback on spends
• No annual fee
• Credit Shield
• 0% Easy Payment Plan
• Up to 20% discount on first three rides every month at Uber
• Up to 30% at over 2,000 restaurants with RAKfoodie

DIB Prime Platinum Card

Features of DIB Prime Platinum Card

• Discount 900 luxury hotels
• Wala’a Rewards
• Purchase Protection
• Travel and Personal Accidental Insurance
• Roadside Assistance
• Credit Shield Takaful
• Card Protection Plus
• Balance Transfer Facility
• Cash Withdrawals

Emirates Skywards DIB Platinum Credit Card

Features of Emirates Skywards DIB Platinum Credit Card

• Bonus Skywards Miles
• Airport Lounge Access Worldwide
• Discount on dining
• Balance Transfer Facility
• Medical and Legal Referral while traveling

FAB Standard Credit Card

Features of FAB Standard Credit Card

• FAB rewards on every spend
• Instant Redemption
• Standing Instructions
• Credit Shield
• Wallet Shield
• Up to 25 days of interest free
• High Credit Limit
• Up to 10% discount at leading global online stores

FAB du Titanium Credit Card

Features of FAB du Titanium Credit Card

• 10% cashback on du home and postpaid services
• 10% cashback on prepaid line recharge
• 10% cashback on your du smartphone Privilege Plan monthly data charges
• 0% Monthly Installments
• Up to 10% discount at leading global online stores
• Mastercard Offers          
• Complimentary Access to over 10 VIP lounges
• Contactless Payment

Citi Simplicity Credit Card

Features of Citi Simplicity Credit Card

• No late fee, over-limit fee or cash advance fee for life
• Complimentary Supplementary Cards
• 50% discount on food delivery or dine-in bills at 500+ outlets
• Easy Installment Plans
• Cash Loan
• Citi World Privileges

CBD Titanium Mastercard Credit Card

CBD Titanium Mastercard Credit Card

• Free for Life
• CBD Reward Points
• Airport Lounge Access
• Chip and Pin protection
• Up to 10% cashback on spends at booking.com
• 10% discount at rentalcars.com
• Buy one get one offers at restaurants and hotels
• Mastercard Benefits
• 24/7 client support

Conclusion

Credit Card providers in the UAE do not offer credit cards at a minimum salary of AED 4,000 but you can take a lateral approach to obtain a credit card. However, you are advised to wait for your salary to reach AED 5,000 so that you can directly apply for a credit card and enjoy the true benefits of it. To find more credit card options, you can visit the credit card section of our website and find exciting offers on credit cards.

Related Links - 

How to Get a Credit Card if you Earn Below AED 2500	How to Get a Credit Card if you Earn Below AED 3000
How to Get a Credit Card if you Earn Below AED 3500	How to Get a Credit Card if you Earn Below AED 4500
How to Get a Credit Card if you Earn Below AED 5000	How to Get a Credit Card if you Earn Below AED 6000