20 Cashback Credit cards in UAE for 2022 – Compare4Benefit

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Looking for Cashback Credit cards in UAE? Then you are in the right place.

Cashback credit cards is one of the most popular kind of credit card in UAE. Cashback credit cards normally reward you for your spending. There are different types of cashback offers available in the UAE market.

You can use this guide to compare cashback credit card options and discover how you can get the most value out of this type of credit card.

Summary Of Best Cashback Credit Cards in UAE 

Credit Cards Card Features Minimum Salary Apply Now
Citibank Cashback Credit Card  Unlimited and Automatic cashback on all spend.
Complementary access to over 850 airport lounges.
Free for 1st Year.
8000 AED Apply Now
CBD Now Visa Signature Card 50% discount on 4 VOX tickets per month across UAE.
Free Valet Parking.
10,000 AED Apply Now
CBD AL Islamic Visa Infinite Card 50% discount on VOX cinema tickets across the UAE.
Complimentary Airport Lounge Access.
10,000 AED Apply Now
ADIB Cashback Visa Platinum Card 1% Cashback on All Purchases 5000 AED Apply Now
CITIBANK City Prestige Card Enjoy Up to 4 "Buy 1 Get 1" complimentary tickets at Vox Cinemas.
24/7 concierge service.
30,000 AED Apply Now
ADIB Spice Card Up to 9% Cashback on restaurant bills.
7% cashback on supermarket and grocery spends.
Get Dining discounts of up to 25% at selected restaurants.
12000 AED Apply Now

Popular Cashback Credit Cards in UAE 2022

1. Citi Cashback Card:

Cashback Credit card uae

This card needs a minimum salary level of AED 8000 but does not need a salary transfer or adhere to Islamic finance.

It has zero annual fees for the first year and from year 2 the card is free unless a minimum annual spend of AED 9,000 is not met.

Benefits of Citi Cashback Credit Card

  •  Unlimited and Automatic cashback on all spending.
  •  Complimentary Travel Insurance.
  •  2% on grocery spending.
  •  1% cash back on all other expenditures.
  •  Complementary access to over 850 airport lounges.
  •  No, earn caps on cashback.
  •  No redemption and no minimum spend.

Documents required include copies of valid visa and passport, Emirates ID copy, salary certificate and 3 months statement of salary in the bank.

               Apply for Citi Bank Cashback Credit Card


2.  FAB Cashback Credit Card

The FAB Cashback Credit Card has one of the most generous cash-back programs available in UAE and is ideal for anyone who spends significant amounts of money on groceries. With this card, you’ll earn a whopping 5%  cash back on supermarket spending.

Benefits of FAB Cashback Credit Card

  • The minimum salary required is 5000 AED
  • 5% cashback on supermarket spending.
  • 5% cashback on utility payments and fuel.
  • 2% cashback on all non-AED spends.
  • Unlimited Complimentary Airport Lounge Access to over 10 Airport Lounge in UAE, KSA, Jordan, Kuwait, and Egypt.
  • Get 20% off when you book a ride with Careem.
  •  Movie ticket Offers.

Apply for FAB Cashback Credit Card      


3. CBD Now Visa Signature Card

Cbd Cashback credit card

This card needs a minimum salary level of AED 10,000. It neither needs salary transfer nor offers Islamic finance.

It has zero annual fees, but a monthly interest rate of 2.99% after a 52-day interest-free period.

The transaction rate of foreign currency is 2% per month. It is applicable only to overseas transactions. Repayment must be done within 52 days.

Benefits of CBD Now Visa Signature Card

  • Easy 12-month installment plan.
  • Unlimited access to over 550 airport lounges worldwide.
  • 50% discount on 4 VOX tickets per month across UAE.
  • Valet Parking.
  • Attijari Loyalty Program can be redeemed into Skyward Miles or Cashback.

Documents required are Emirates ID, a copy of passport, and residence visa and salary certificate. Self-employed must also provide valid trade license.

For minimum annual spend of AED 5000, perks like movie tickets, and valet parking are available without extra charge.

                       Apply for CBD Now Visa Signature Credit Card                            


 

4. CBD AL Islamic Visa Infinite Card

When you apply for this card, you will be awarded a guaranteed Travel voucher worth AED 750. The minimum salary requirement is AED 10,000.

There will be no Annual Charges for the first year and one can get loyalty points for one’s complete expenses which can be redeemed as Cashback.

 Main Features of CBD AL Islamic Visa Infinite Card

  • Islamic Credit Card.
  • There is a balance transfer, and no foreign exchange fee is applicable when you spend overseas.
  • Complimentary Airport Lounge Access.
  • 50% discount on VOX cinema tickets across the UAE.
  • Free Valet Parking.
  • Earn points for every AED 1 spent which can be redeemed as cash back or airline travel miles.

           Click here to apply for the CBD AL Islamic Visa Infinite Credit Card


 

5. ADIB Cashback Visa Platinum Card

The card features a profit rate of 2.99% and stipulates a minimum salary requirement of AED 5000. The card offers 1% unlimited cashback on all retail expenditures.

Main Benefits 

  • Islamic Credit Card.
  • Offers facilities like roadside assistance and 4 supplementary cards.
  • 1% Cashback on All Purchases.
  • No Minimum Spend is Required to avail of cashback.
  • Valet Parking( only at selected places in UAE)
  • Complimentary Access to Airport Lounges worldwide via Veloce Lounge.

     Click here to apply for the ADIB CashBack Visa Platinum Credit Card


 

6. CITIBANK City Prestige Card

citi prestige cashback card

This is a cashback credit card with an annual fee of AED 1500 and a minimum salary of AED 30,000.

Citi Prestige Card offers 10,000 bonus thank you points when the card is renewed annually.

 

Main Features 

  • Complementary unlimited access to over 750 airport lounges worldwide.
  • Enjoy Up to 4 “Buy 1 Get 1” complimentary tickets at Vox Cinemas.
  • 24/7 concierge service.
  • Free golf services once a month for both supplementary and basic card members in leading golf courses across the UAE.
  • Unlimited supplementary cards for free.
  • Earn ThankYou® Points on your Citi Prestige card and redeem them for free flights or Air Miles.

Get 10,000 Thank you points on yearly renewal.

                Click Here to Apply for the CITIBANK Prestige Credit Card


 

7. ADIB Spice Card (for Expats)

Adib Cashback credit card

ADIB Spice Card offers one of the best rewards programs in UAE. It is an Islamic Credit Card.

Cash withdrawals are available for up to 100% of the finance limit. The minimum Salary Requirement is 12000 AED.

Major Features 

  • Up to 9% Cashback on restaurant bills.
  • 7% cashback on supermarket and grocery spends.
  • 4% cashback on fuel.
  • 1% cashback on utility payments.
  • Get Dining discounts of up to 25% at selected restaurants.
  • ADIB Reward Points can be redeemed for airline tickets.

Note: Minimum monthly spend of  3,000  AED is required to avail cashback. 

                          Click here to apply for the ADIB Spice Credit Card

 

Best Cashback Credit Card for Travel In UAE

1. RAKBANK Air Arabia Platinum Credit Card

RAKBANK - Air Arabia Platinum Credit Card

With the RAKBANK Platinum Air Arabia Credit Card provides great value in the air and on the ground. Use it for your domestic and international spends and enjoy unmatched AirRewards Points, great credit card benefits, savings and privileges on every journey.

 

Major Benefits:

  • 1.75 Air Rewards Points for every 5 AED spent at www.airarabia.com
  • 1.25 Air Rewards Points for every 5 AED spent within UAE
  • 1.75 Air Rewards Points for every 5 AED spent outside UAE
  • 0.30 Air Rewards Points for every 5 AED spent under the special categories*

Click here to apply for the RAKBANK AIR ARABIA Platinum Credit Card

2. HSBC Cashback Credit Card

HSBC Visa Cashback Credit Card

The HSBC Cashback Credit Card provides up to 10% cashback and a welcome bonus. You can also get a balance transfer at 0% interest for 24 months.

Major Benefits:

  • Get 10% cashback on fuel expenses in the UAE
  • Get discounts on Dine & Fly with Dragon Pass
  • Get 12 free visits to 1000+ airport lounges through Lounge key
  • Get 2 free airport rides per year through Careem
  • Get multi-trip travel insurance
  • Get 30% off on dining at selected locations.

  Click here to apply for the HSBC Cashback Credit Card

Best No Annual fee cash back Credit Cards In UAE

1. City Cashback Credit Card

Citi Cashback Credit Card

Enjoy unlimited, automatic Cashback on all spending with the Citi Cashback Credit Card best cash back credit card in the market. Citibank Cashback Card provides great savings on everyday spends by offering instant cashback on movie ticket bookings, telephone and utility bill payments, and others.

Major Rewards: 

  • Unlimited, Automatic Cashback on all Spend
  • 3% cashback on all non-AED spend
  • 2% cash back on all grocery/supermarket spend
  • 1% on all other spends
  • No caps (up to monthly credit limit), no minimum spend, no redemption process and no spend categories excluded.

  Click here to apply for the City Cashback Credit Card

2. RAKBANK Titanium Credit Card

RAKBANK Titanium Credit Card

The RAKBANK Titanium Credit Card offers a host of privileges and benefits unparalleled and unmatched by any other Credit Card.

Major Rewards:

  • 5% Cashback on Supermarkets & Dining (max AED 150 p.m)
  • Up to 50% Cashback on Cinemas (max AED 70 p.m)
  • Government spending, fuel, utilities, telecom & Real Estate will earn 0.25% cashback

  Click here to apply for the RAKBANK Cashback Credit Card

Best Cashback Credit Cards For In store Shopping

1. CBD Super Saver Credit Card

CBD Super Saver Credit Card

CBD provides several credit cards to fulfill the various benefits of their customers. Amongst the different credit cards provided, CBD Super Saver Credit Card is one of the best cashback credit cards in the UAE. It offers high cashback on every purchase made using the card. Along with the cashback it also provides travel and movie benefits as well.

Major Benefits:

  • CBD Super Saver Card was awarded as the “Most Innovative Card of the Year” at the Seamless Middle East Awards, 2019″
  • Can earn 10% cashback on retail spending like utility bills, telecom bills, education, supermarket, transport, etc.
  • Can avail 2 free valet parking services per month at 15 locations in the UAE
  • Can get 50% OFF on tickets at Vox Cinemas in the UAE

  Click here to apply for the CBD Super Saver Cashback Credit Card

2. FAB Cashback Credit Card

Along with several credit cards with various rewards, FAB Cashback Credit Card is one of the best cashback credit cards that offers high cashback on essentials like groceries, fuel, and utility expenses.

Major Benefits:

  • Get AED 300 cash back as a welcome bonus
  • Get 5% cashback on spending at supermarkets offline and online. Provided in the form of rewards. Earn 12.5 rewards per 1 AED.
  • Get 5% cashback on utility expenses. Provided in the form of rewards. Earn 12.5 rewards per 1 AED.
  • Get 5% cashback on fuel. Provided in the form of rewards. Earn 12.5 rewards per 1 AED.
  • Get 1% cashback on retail expenses online and offline. Provided in the form of rewards. Earn 2.5 rewards per 1 AED.
  • Get 2% cashback on non-AED expenses. Provided in the form of rewards. Earn 5 rewards per 1 AED.
  • Get up to 10% cashback on Shop Smart at the FAB Mobile app
  • Avail movie tickets at AED 15 on weekdays and AED 20 during weekends at Reel Cinemas, Cine Royal Cinemas, Oscar Cinema.

  Click here to apply for the FAB Cashback Credit Card

Best Cashback Credit Card For Everyday Spending 

1. Mashreq Cashback Credit Card

Mashreq Cashback Credit Card

The Mashreq Cashback Credit Card is a great choice for shoppers who want to be rewarded for their spending. With this card, cardholders can earn cash back in the form of reward points on their purchases, which can be redeemed for a statement credit. In addition to cash back, this Mashreq Bank credit card comes with a wide range of benefits and offers that are unmatched by any other credit card available in the UAE.

Main Benefits:

  • Ultimate cashback is provided on all purchases
  • No annual fee is charged for life
  • 5% cashback is provided on dining expenses in the UAE
  • 2% cashback is provided on international purchases
  • 1% cashback is provided on local expenses
  • Get 20% cash back at Zomato, Netflix, etc. for the first 6 months
  • Avail discounts at DragonFly & Dine Programme
  • Wide range of deals and discounts on the Visa app at restaurants, entertainment, travel booking, and much more
  • Can get up to 30% off at restaurants through Mashreq Flavours

  Click here to apply for the Mashreq Cashback Credit Card

2. Emirates Islamic Cashback Plus Card

Emirates Islamic Cashback Plus Card

Emirates Islamic Cashback Plus Credit Card is free for a life credit card that offers up to 10% cashback.

Main Benefits:

  • Get up to 10% cash back on every purchase like at supermarkets, tuition fees, dining, and telecom bill payments
  • Get free access to airport lounges worldwide
  • Free travel and medical insurance are provided
  • Get additional discounts on shopping, dining, and travel
  • No annual fees for the first year
  • Up to 2 “Buy 1 Get 1” complimentary movie tickets each month, any day of the week.
  • Spend a minimum of AED 3000 for a calendar month and enjoy up to 2 complimentary Marhaba Meet & Greet services per year. T&C apply.
  • Earn cashback on every purchase

Click here to apply for the Emirates Islamic Cashback Credit Card

How cash-back credit cards work in UAE

Before you decide on the right cash-back credit card for you, it’s important to understand how cash-back redemptions work, the different categories cash-back rewards can fall into, and how cash-back cards compare to other types of credit cards. Knowing this information can help you choose a card that earns the most cash back on the purchases you make most often.

What is a cash-back credit card?

Cash-back credit cards are a type of credit card where, as the name suggests, you get cash back for using the card. To get the cashback, though, you generally have to use the card for specific types of purchases, and there’s usually a limit on how much cash back you can earn per purchase or per month. Still, if you use your cash-back credit card wisely, it can be a great way to get a little extra money back each month.

How do you get cash back with a credit card?

If you have a card that offers 2% cash back on groceries, you can earn some money back by using it when you shop. For example, if you spend $100 on groceries tomorrow and use your card to pay, you’ll earn AED 2 in cash-back rewards. You can keep track of how much cash you’ve earned by checking your monthly statement or online account.

It’s important to know the details of your cash-back credit card in order to maximize your rewards. The earn rate can fluctuate based on time and what kind of purchases you make. For example, the Tangerine World Mastercard offers 2% cash back on up to three different categories of items but only 0.5% cash back on all other purchases. Intro rates may provide a higher return, so it’s important to be aware of those as well.

Annual Percentage Rate

APR, or Annual Percentage Rate, is a crucial element to take into consideration when examining cash-back credit cards. APR is the yearly interest rate charged by your credit card company. However, if you are able to make timely payments and keep a zero balance, you will not be charged any interest.

Redemption process

Cash back credit cards offer different ways to redeem your accumulated point. Some of the redemption methods are:

  • Mailing you a cheque.
  • Sending you a direct deposit to your bank account.
  • Applying your rewards to pay off your credit card
  • Giving you a gift voucher for a popular store
  • Giving a donation to a charity of your choice

Most providers let you choose between the options the particular card offers. The redemption can easily be done by going online on the card’s portal or by calling the dedicated helpline number.

2% Cash Back Credit Cards

Those who are looking for the best value in a credit card should focus on finding one with a high cash-back rate. A card that offers 2% cash back on all purchases is extremely valuable, especially for people who want simplicity. Some people don’t want to manage a bunch of different categories with different rates – like gas or restaurants – and prefer a card that offers a single, high rate on all purchases.

1.Citi® Double Cash Card – 18-month BT offer

Citi® Double Cash Credit Card

Applying for and getting your unlimited reward cash with 18 month BT offer is simple and easy. The card’s main unique feature is how it doles out the 2% cash back: You get 1% cash back when you make a purchase, and then an additional 1% cash back when you pay it off. However, if you always pay your balance in full every month – which is recommended for all rewards cards – it essentially becomes 2% cash back. Additionally, there is no annual fee, so it costs nothing to carry. Finally, you can redeem your cash via statement credit, direct deposit into a bank account, gift card, or check in the mail.

  • Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.

  • To earn cash back, pay at least the minimum due on time.

  • Balance Transfer Only Offer 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 15.49% – 25.49%, based on your creditworthiness.

  • Balance Transfers do not earn cash back. Intro APR does not apply to purchases.

2. Citi Bank Citi Cashback Credit Card

Citibank Citi Cashback Card

Citi Cashback credit cards offer an affordable way to reduce expenses, with low salary requirements and annual charges that are automatically waived when you meet the minimum spending limit. You’ll also enjoy the various lifestyle and shopping benefits, along with cash back on each purchase you make.

Features:

  • Earn up to 3% cashback on non-AED spending,
  • Get 2% Cashback on grocery and supermarket purchases,
  • On all other expenses, you earn 1% cashback flat,
  • No annual fee for 1st year, the credit card is free from 2nd year onwards on meeting the minimum spend requirements.
  • Enjoy unlimited access to over a thousand global airport lounges
  • Enjoy up to 50% discounts at various diners and shopping outlets using Voucher Skout

5% Cash Back Credit Cards

It’s important to keep in mind that not every credit card that offers 5% cash back gives it back in the same way. Some of the best 5% credit cards give points, miles, or store credit that can be traded in for cashback later on. This way, you can get the best of both worlds and have more options for how you want to spend your money. So, in order to bring you the best offers, we’ve included cards that work like this in our analysis. Some cards may even offer more than 5% cash back on certain types of purchases.

1.RAKBANK Titanium Credit Card

RAKBANK Titanium Credit Card

RAK Bank Titanium Credit Card is one of the best cashback credit cards in the UAE region. It offers high cashback and other discounts and deals on the credit card. It is ideal for all your business transactions worldwide. You can use it to pay for purchase of goods such as new stock, raw materials or equipment as well as for services rendered by your local suppliers.

Major Benefits:

  • No annual fees are charged lifelong
  • Can get 5% cashback on spending at supermarkets and selected restaurants
  • Can get up to 50% cashback on movie spends
  • Can get 2% standard cashback on domestic purchases, international purchases, international cash advance and online transactions
  • Free purchase protection can be availed on purchases made using the card

2. Dubai First Cashback Credit Card 

Dubai First Cashback Credit Card

With a Dubai First cashback credit card, you can get money back on your everyday expenses. You can redeem the cashback online and get exclusive discounts when you shop. The credit card also offers easy financial management with payment plans, loans on the phone, and balance transfer features.

Features:

  • Earn 5% cash back on supermarket purchases
  • Get 5% cashback on online shopping
  • Receive 1% cashback on all other expenses anywhere anytime.
  • As a welcome offer, you get AED 250 bonus cashback and a 1-year complimentary Amazon Prime subscription
  • Enjoy additional cashback at over 1,500 e-commerce sites and online shopping through ShopSmart
  • Access to various shopping offers and handpicked experiences around the world
  • Enjoy Buy1Get1 Offers on leisure, entertainment, and movie tickets across UAE.

10% Cash Back Credit Cards

CBD provides several credit cards to fulfill the various benefits of their customers. Amongst the different credit cards provided, CBD Super Saver Credit Card is one of the best cashback credit cards in the UAE. It offers high cashback on every purchase made using the card. Along with the cashback it also provides travel and movie benefits as well.

1.CBD Super Saver Credit Card

CBD Super Saver Credit Card

Earn up to 10% Cashback on your monthly spends with CBD’s Super Saver Cashback Credit Card with the maximum of up to AED 600 per month.Known as one of the best cashback credit cards in UAE, this card enable its cardholders to earn high rate of cashback on their every spend.

Major Benefits:

  • CBD Super Saver Card was awarded as the “Most Innovative Card of the Year” at the Seamless Middle East Awards, 2019″
  • Can earn 10% cash back on retail spending like utility bills, telecom bills, education, supermarket, transport, etc.
  • Can avail 2 free valet parking services per month at 15 locations in the UAE
  • Can get 50% OFF on tickets at Vox Cinemas in the UAE

2. Emirates Islamic Cashback Plus Credit Card

Emirates Islamic Cashback Plus Card

The Emirates Islamic Cashback Plus Credit Card is loaded with amazing features to provide card members with maximum value for their money. No wonder, this innovative card consistently tops all popularity charts in the region amongst card seekers of all budgets, tastes, and preferences.

Features:

  • Up to 10% cash back on supermarket spends
  • Up to 10% cash back on education
  • Up to 10% cash back on dining
  • Up to 10% cash back on telecom expenses
  • Complimentarym, unlimited access to over 750 airport lounges worldwide
  • Complimentary golf benefits

Pros and cons of a cash-back credit card

Pros: Why a cash-back card may be worth it?

  • Simplicity; Cash-back cards make it easy to earn valuable rewards.
  • Welcome bonuses and introductory offers can be quite generous.
  • Accumulated rewards can help pay down your card balance.
  • High earn rates for items you buy regularly can yield big rewards.

Cons: Why a cash-back card might not be worth it?

  • You may not typically buy items that yield above-average earn rates.
  • Amassing rewards can be slow depending on how much you spend each month, and whether you pay your bill in full.
  • Bonus and introductory offers tend to come with conditions, including spending minimums, which may be challenging to meet.

Types of cash-back credit cards to choose from;

Although all cash-back credit cards may seem the same at a first glance, there can be some subtle yet important differences between them that can have a big impact on how much cash back you earn. So, it’s worth taking a closer look at each card and how it works before making a decision.

Flat rate

These types of cash-back credit cards earn you the same cash back rate for all purchases made.

Bonus categories

Some cash-back credit cards offer an increased earn rate on select spending categories, such as groceries and restaurants.

Flexible bonus cash back cards

Some cards allow you to choose the spending categories on which you’ll earn your bonus rewards. By selecting categories that align with the types of items you buy frequently, you can maximize your cash back rewards.

Common cash-back bonus categories in UAE

The categories that credit cards are placed into by the credit card processing network are essential. This is because many cash-back credit cards will offer extra cash back on purchases made in specific categories. By using a card that offers bonus cash back in the category that a purchase is being made, the consumer can save money.

Knowing the different cash-back categories can allow you to maximize your earnings. Here are some of the most popular merchant categories in UAE,

  • Grocery. Any purchase made at grocery stores, such as Loblaws, No Frills and Metro. .
  • Restaurants. This usually includes takeout and food delivery services, such as Uber Eats, DoorDash and SkipTheDishes.
  • Travel. Airline tickets, hotels, car rentals, etc.
  • Gas. Includes any purchase made at a gas station or service station, like Shell, PetroCanada and Esso.
  • Transportation. This may include taking an Uber, a taxi, or paying for public transportation.
  • Streaming services. Monthly subscriptions to products like Netflix, Disney+, Spotify, etc.
  • Drug stores. This may include purchases made at a drug store, like Shoppers Drug Mart.
  • Entertainment. This may include money you spend on tickets to the movies, theater, or a live music concert.
  • Recurring bills. Including wireless phone, internet, and utility bills paid with a credit card.

How cash-back bonus categories work

You can earn cash back at a higher rate when you make purchases in certain categories that merchants refer to as bonus categories.

How to choose a cash-back card?

With so many cash-back credit cards on the market, it can be tough to decide which one is right for you. However, there are a few key factors you should look at when narrowing down your options.

Interest rates

When you’re looking at cash-back credit cards, it’s important to pay attention to the interest rates. Many of these cards have high-interest rates, starting at around 19.99%. If you don’t pay your balance in full every month, you’ll be charged interest, which can negate the benefits of the cash-back rewards.

If you’re not sure you’ll be able to pay off your balance every month, look for a cash-back credit card with a 0% introductory rate or a low ongoing interest rate. That way, you can avoid paying interest on your balance and maximize your rewards.

Annual fee

When it comes to choosing a cash-back credit card, you’ll need to decide if you’re willing to pay an annual fee. Generally speaking, cards with annual fees will offer more cash back and better benefits. However, cards without annual fees may have a lower earn rate, but if you don’t charge much to the card, you could still come out ahead.

Welcome bonus or intro offer

The welcome bonus from most credit cards usually comes in the form of a higher cash-back percentage for a set period of time. For example, if you spend AED3,000, you might get 10% cash back. If two cards have similar earn rates, but one has an excellent welcome bonus, then it’s probably best to take advantage of the promotion.

Bonus categories

The increased earn rate on bonus categories is arguably the most critical factor when comparing cash-back cards. It’s ideal to choose a card that gives you increased cash back on the categories where you do the most spending.

Credit card insurance

Many cash-back credit cards offer various forms of insurance as an added perk.

While helpful, some of these offers occupy the more basic end of the insurance spectrum: rental car insurance, mobile device insurance, and extended warranties on the items you purchase.

Additional benefits

Many cash-back credit cards come with additional benefits that may appeal to you.

Some perks to look out for include

  • Travel insurance.
  • Roadside assistance.
  • Mobile device insurance.
  • Credit card concierge services.
  • Extended warranties.
  • Purchase protection.

How To Apply For A Cash Back Credit Card In UAE?

A minimum monthly salary of AED 5,000 can get you a credit card in UAE, Dubai. A little security goes a long way, be it financial or non-financial. Credit cards are one such form of security that comes in handy when you’re in a financial bind. Let’s find out more about credit cards in Dubai & UAE.

Documents Required to Apply

Given below are two tables explaining the basic documents required for both salaried and self-employed individuals in the UAE to get a credit card:

  • Application Form
  • Passport copy.
  • Copy of the Labor Card or a Government-issued photo ID card to be self-attested by the customer.
  • Emirates ID card or copy of EIDA application from.
  • Current Salary certificate or latest pay slip.
  • 3 months bank statement.

Offline Applying Process

If you wish to apply for a UAE credit card offline:

  • Visit the nearest branch of the desired credit card’s provider
  • Submit the duly filled application form
  • Submit the required documents
  • The bank will verify your documents and issue a credit card within 7 working days

Online Applying Process

In case you wish to avoid a physical visit and prefer applying from the comfort of your home, you should consider the online mode. To apply for best credit card in UAE online, you have two options.

Option 1:

  • Visit the credit card provider’s website
  • Fill and submit e-form
  • Upload the soft copy of the required documents
  • A customer care executive will call to provide details of the card and ask for your preferred delivery address

Your online credit card application will be processed by the bank. Once the bank has verified your documents and credit card application, the credit card will be sent to your address within 7 working days.

Option 2:

If you wish to apply for credit card in UAE without any hassle within a few minutes, you should try our website.

  • Visit our website and find the credit card page link on the top
  • Click on the credit card link
  • Fill in the e-form
  • Select the desirable credit card
  • Fill in the details
  • Upload the soft copy of the required documents
  • The bank will verify your credit card application, details, and delivery address and send the credit card to your address within 7 working days.

*Before applying for a credit card in Dubai, you are advised to confirm that you meet the following credit card eligibility requirements:

  • You should be 21 years or older
  • Your minimum salary should not be less than AED 5,000

How to maximize your cash-back credit card?

There are plenty of tricks to help you get the most out of your cash-back credit cards. The more tips you adopt, the more cash back you’ll earn. That said, it’s best to only follow the advice that you’re comfortable with.

Apply for a new card ahead of major expenses

Since many of the best cash-back credit cards in UAE have a generous welcome bonus, it’s often worth your trouble to apply for a new card before you make a major purchase.

For example, let’s say you need to renew your home and auto insurance, which will cost you about AED 2,000. You could apply for a cash-back credit card that offers you 10% cash back as a welcome bonus. Then, when you charge your insurance to your card, you’d get AED 200 back.

Keep in mind that many cash-back credit cards have a limit on their sign up offer. If you have a substantial purchase, you could apply for more than one card and split up your purchase to maximize your cash back. However, if you need to pay an annual fee for the new card, it may negate the cash back you earn, so pay attention to the details.

Pay attention to the sign-up bonuses

Welcome offers are always changing, so be sure to check for current promotions before signing up for a credit card. Many credit cards offer generous sign-up bonuses, such as 10% cash back for a set period, or waiving the annual fee for the first year. If you cancel your credit card before the annual fee posts, you can then reapply for a new credit card with a good sign-up bonus.

Carry multiple cards

There’s no harm in having more than one credit card. In fact, it’s the easiest way to maximize your cashback. Start with a primary card that gives you an increased earning rate for your most common expenses. Then compliment that card with a no-fee card that gives you bonus categories for another spending. Whenever you shop, just use the credit card that gives you the most cash back.

Buy gift cards in bonus categories

Two of the most popular merchant categories to earn additional cashback are groceries and gas. Here’s how it works: both grocery stores and gas stations sell gift cards that can be used at many retailers. That essentially allows you to earn extra cash back.

Add supplementary users

Credit cards with supplementary users have a lot of advantages. Everyone on the card earns cash back, which can add up quickly. Also, all of the cashback gets combined into one pool, so you can rack it up even faster.

Use cash-back websites

You simply create an account and select the partner retailers you want to shop through their portal. When you make a purchase, you earn cash back. And if you use a cash-back credit card, you can earn cash back on your purchase twice. So you can get a little money back without much effort.

FAQs

  1. Are there cash back limits?

Most cash-back credit cards have limits on the cash back you can earn. Look at the terms and conditions of your card to find out the rates and limits. Most cash-back credit cards set the limit per category, but they may also lump some categories together. Additionally, the limit would factor in any purchases made by supplementary users on the account.

2. Is cash back from credit cards taxable income?

Most tax experts agree that credit card rewards earned through the use of the card are non-taxable rebates and that you should be fine as long as you spend money to get something.

3. Does cashback count as income?

As a general rule of thumb, credit card rewards earned by spending money are not counted toward taxable income.

4. Is cashback considered interest?

The cashback is not interest and should be declared as other taxable income on the return.

5. Can I transfer money from my credit card to my bank account?

There are four main ways to transfer money from your credit card to your bank account. The first is by visiting a teller at your bank. You can ask the teller to withdraw funds from your credit card and deposit them into your bank account. The second option is to do the same process yourself at an ATM

6. Are cashback cards worth it?

Yes, cash-back credit cards are worth it if you pay off your balance each month. It is also worth noting that the best cash-back credit cards with the highest rewards rates and signup bonuses sometimes have annual fees.

 

 

 

 

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