Compare Best Credit Cards in UAE

Ans: Yes, if you apply for multiple cards in a short period of time, your credit score can decrease. This can reduce the chances of card approval.

Ans: Yes, if you are 21 years old (or above) and earn at least AED 5,000 per month, you can apply for a card. Approval is subject to the bank’s guidelines, your credit score, and other factors.

Ans: Yes, cards offer different reward programs like cashback, reward points, air miles, lifestyle benefits, and so on. 

Ans: Yes, you can apply for credit cards as a self-employed person. Keep in mind that the approval is based on income stability and may require additional documentation. 

Ans: ​​​​​​​Yes, you can use your card for online payments. They have security features like fraud monitoring, OTP, and transaction alerts.

Ans: Yes, you can get a credit card even if you are new to the UAE. You can get basic cards, especially if you have a stable income, an employer on the bank’s approved list, and a minimum age of 21 years.

Ans:  You should compare the features, charges, reward structure, and benefits before selecting a credit card. Ensure it aligns with your lifestyle and spending patterns.

Ans: Yes, you can have multiple cards. However, ensure you don’t overuse the overall credit limit and pay the credit card bill on time.

Ans: Banks set credit limits depending on your monthly income, current debt obligations, credit score, repayment history, and more. The higher and more stable the income, the higher the credit limit.

Ans: Usually, it takes 2 to 5 business days after you submit the documents.

Ans: Yes, some banks may offer a secured card or a basic card secured by a fixed deposit or salary transfer if you don’t have a credit history. It helps you build a credit history and a good credit score through responsible use. 

Ans: The minimum payment due on credit cards is usually 5% of your outstanding balance. While paying this amount shows your account in good standing, it doesn’t stop accruing interest on the outstanding balance. To avoid piling up a revolving debt, you should pay the full outstanding balance by the due date.

Ans: It is usually better to use a credit card in Dubai as the city is largely cashless and cards are accepted almost everywhere. It includes malls, hotels, restaurants, and ride apps. 

Ans: The best credit card in UAE largely depends on your salary, spending patterns, and lifestyle needs. For example, a cashback card is ideal for your daily expenses like groceries and fuel. A travel credit card, on the other hand, is the right option only if you are a frequent flyer.

Ans: Salary transfer isn't required to get a card. To check your repayment capacity, banks use the IBAN code of your active bank account. Although banks prefer salary credit for underwriting, most only need your IBAN code to check your cash flow. Read the terms and conditions before applying.