By Top 5 Credit Cards In UAE
Choosing the right credit card in the UAE’s vast market can be challenging, whether you’re a resident or a business owner. But don’t worry, we’ve got you covered. After conducting a thorough analysis and comparison, I’ve identified the Best Credit Cards In UAE, highlighting their features, eligibility requirements, interest rates, and additional benefits to help you find the perfect one for your needs.
Top 5 Credit Cards In UAE
Credit card usage is rapidly increasing, especially due to the growth of the e-commerce sector. These cards offer personalized benefits such as travel rewards, cashback, and lifestyle privileges. The top 5 UAE credit cards featured here will help you find and apply for the best card to suit your needs.
- FAB Platinum Credit Card
- MASHREQ Cashback Credit Card
- DIB Prime Signature Credit Card
- Standard Chartered Manhattan Platinum Credit Card
- ADCB Talabat Credit Card
1. FAB Platinum Credit Card
Annual Fee: AED 0
Minimum Salary: AED 8,000
Ideal for: Frequent moviegoers & travelers
Shariah Compliance: Yes
The FAB Platinum Visa credit card provides worldwide lifestyle privileges, low fees, discounts, and travel benefits.
Rewards & Benefits
You can earn up to 3 FAB Rewards for every AED 1 spent, with up to 1.25 Rewards Stars on international purchases and 0.5 Stars on domestic purchases. New cardholders receive bonuses within 30 days.
Additionally, enjoy four discounted movie tickets per month at AED 15 on weekdays and AED 20 on weekends, along with exclusive dining offers, entertainment discounts, and the option to convert big purchases into monthly payments.
Other benefits include redeeming rewards for travel, hotels, and shopping, a 12-month extended warranty, purchase protection, Etihad Guest Miles on purchases, and free medical and travel insurance for you and your family.
Interest Rate & Fee
The annual fee for this top rated UAE credit card is AED 500, which can be waived with an annual spend of AED 18,000. Without a salary transfer, the fee is AED 300, and with a salary transfer, it’s AED 200. The monthly interest rate ranges from 3.25% to 3.75%. You’ll also incur a 2.05% fee on foreign transactions and AED 275 for late payments or exceeding your credit limit.
Travel Benefits
Enjoy free access to over 25 airport lounges worldwide and travel insurance covering medical emergencies, trip cancellations, and lost luggage. You’ll also receive up to two free airport transfers annually, plus exclusive discounts on car rentals, hotel bookings, and airport services through Visa partnerships.
Security Features
This card comes with enhanced security features, including Chip-and-PIN technology and 24/7 fraud monitoring. It also offers Credit Shield, which covers outstanding balances in the event of unforeseen circumstances.
2. MASHREQ Cashback Credit Card
Annual Fee: AED 0
Minimum Salary: AED 5,000
Ideal for: Those seeking cashback rewards on their purchases
Shariah Compliance: No
The Mashreq Cashback Credit Card is considered one of the best credit cards in UAE, offering no annual fee and unlimited cashback on eligible spending, with varying rates across different categories of daily purchases.
Cashback Program
The Mashreq Cashback Credit Card offers attractive cashback rewards, including up to 5% on dining, 2% on international spending, and 1% on local spending. For the first six months, you’ll also receive 20% cashback on selected merchants. New customers can earn up to AED 500 cashback while existing customers get AED 100.
There are two welcome bonus options including AED 1,000 or AED 500 with a spend of AED 5,000 within two months. Additionally, you’ll earn cashback on groceries, dining, fuel, and other purchases, with no minimum spend required.
Travel and Lifestyle Benefits
This famous UAE credit card offers discounts at over 200 global dining locations, 2-for-1 deals, and more than 5,000 travel discounts. You’ll also enjoy Buy 1 Get 1 Free offers at cinemas, restaurants, and spas.
Additionally, it comes with flexible payment options and free primary and supplementary cards for life. Cashback can be redeemed once you’ve earned AED 100, and it remains valid for 36 months. Plus, you get extended warranty and purchase protection on card purchases.
Taxes and Rates
There is no annual fee for primary or supplementary cards. The monthly interest rate is typically 3.69% after a 55-day interest-free period and 2.79% for overseas transactions. Late payment fees are AED 241.5, and balance transfer fees are 1.39% of the transferred amount.
You can also enjoy 0% interest on payment plans for up to 57 days. An alternative option has an annual fee of AED 350, which is waived for the first year with a spend of AED 10,000 or more.
Security
This card features Chip & PIN security for enhanced transaction protection and can be used for online purchases as soon as it’s approved.
3. DIB Prime Signature Credit Card
Annual Fee: AED 0
Minimum Salary: AED 15,000
Ideal for: those seeking luxury, convenience, and lots of rewards.
Shariah Compliance: Yes
The DIB Prime Signature Credit Card offers excellent rewards and benefits. You earn 3 Wala’a Rewards points for every AED 1 spent abroad and 2.5 points for every AED 1 spent locally. Points can be redeemed for travel, hotels, shopping, or bill payments.
Benefits
As a cardholder, you’ll enjoy free access to over 900 airport lounges worldwide, comprehensive multi-trip travel insurance, and two free valet parking services per month in Dubai and Abu Dhabi. You’ll also have 24/7 access to concierge services. Additionally, you can opt for balance protection, which covers your outstanding balance in case of unexpected events, for a fee of 0.89% of the balance.
They offer discounts on golf and exclusive dining offers at premium UAE restaurants. The card also provides great protection for your purchases, covering up to 180 days against damage or theft, with claims up to AED 11,000. Plus, the extended warranty doubles the manufacturer’s warranty, offering up to 24 months of extra protection on electrical goods.
Rates & Fees
This Islamic card is ranked among the best credit cards in UAE, offering a profit rate instead of interest. If you pay your balance in full by the due date, no profit is charged. However, if you carry over a balance, a profit rate will apply. One of the key benefits is the lifetime waiver of the annual fee. Other fees include 2.26% on foreign transactions and a late payment charge of around AED 230.
You can also get supplementary cards for family members at no extra cost, and they’ll enjoy the same benefits as you. The card offers balance transfer options at competitive rates, allowing you to transfer balances from other cards. Additionally, you can convert large purchases into easy-to-manage monthly installments through the Easy Payment Plan.
4. Standard Chartered Manhattan Platinum Credit Card
Annual Fee: AED 0
Minimum Salary: AED 5,000
Ideal for: shopping, dining, and traveling
Shariah Compliance: No
As a cardholder, you’ll earn 1 rewards point for every AED 1 spent, with a few exceptions, such as education and government expenses, which earn 0.1 points. You’ll get extras of up to 20% off at UAE golf courses, Buy 1 Get 1 Free deals at cinemas and Costa Coffee, and exclusive travel benefits.
Benefits
This is one of the best credit cards in UAE that offers AED 200 cashback when you spend AED 5,000 within the first 60 days. You’ll also earn 5% cashback on supermarket, grocery, and department store purchases, plus discounts on hotel bookings, movie tickets, and dining.
You can get supplementary cards for family members with added benefits. The card also offers balance transfer options at promotional rates, sometimes with no processing fees. Additionally, you can opt for insurance coverage for financial security against unexpected events, which is available for a fee.
Annual Fee & Rates
Standard Chartered Manhattan Platinum Credit Card has a monthly interest rate of approximately 3.25%, which translates to around 39% annually for unpaid balances. The annual fee is AED 525 from the second year, with the first year free.
Supplementary cards are free for the first two years, then AED 157.50 per card. Other fees include 2.99% for foreign transactions, AED 275 for late payments, and a 3% fee or a minimum fee for cash withdrawals.
Security
With purchase protection, you’re protected against loss, theft, or damage, and enjoy an extended purchase warranty. The card also supports easy contactless payments through Apple Pay, Samsung Pay, or Google Pay. Additionally, you can manage your card and set limits using the bank’s mobile app.
5. ADCB Talabat Credit Card
Annual Fee: AED 0
Minimum Salary: AED 5,000
Ideal for: shopping, dining, and traveling
Shariah Compliance: yes
This UAE credit card lets you earn rewards on various purchases, including 35% back as Talabat credit on the first 10 Talabat orders each month, capped at AED 35 per order up to AED 350 per month. For additional Talabat orders, you’ll earn 1.25% back.
Benefits
You’ll also earn 0.35% back on domestic retail purchases in specific categories, such as fuel and education, as well as on international purchases in Europe. All other domestic and international retail purchases earn 1.25% back.
You’ll receive AED 500 in Talabat credit when you spend AED 2,500 within the first 45 days. You’ll get unlimited free delivery on Talabat Pro orders with a minimum spend of AED 50 for food or AED 100 for grocery and pharmacy orders. Additionally, take advantage of flexible payment plans, including 0% interest options like FlexiPay, Balance Transfer, and Credit Card Loan.
This best credit card in the UAE also offers travel perks, such as unlimited lounge access. You can personalize your card with 7 unique designs and easily order and pay through the Talabat app. You can also get supplementary cards for family members with similar benefits, plus enjoy flexible payment options like converting purchases into installments and a 0% interest plan for school fees.
Rates & Fees
This card has no annual fee. However, if you don’t pay your balance in full, you’ll be charged interest at a rate of approximately 3.49% per month. Additional fees include 2.99% for foreign transactions, AED 241.5 for late payments, and 3% or AED 105 whichever is higher for cash withdrawals.
Bottom Line
Choosing the right credit card in the UAE can make your life easier with rewards and perks. From cashback on everyday spending to travel benefits, these top 5 credit cards in the UAE offer something for everyone.
Whether you love dining out, traveling, or shopping, they give you more value for your money. Simply choose the one that best matches your lifestyle and enjoy the benefits.
Frequently Asked Questions (FAQs)
Which Credit Card Is Best In The UAE?
The Mashreq Cashback Credit Card is considered one of the best credit cards in UAE, offering no annual fee.
Can I Get A Credit Card Without Income Proof?
Income proof is required to apply for a credit card in the UAE, as it is a mandatory document.
Is Cashback Provided On Every Credit Card?
No, not all credit cards in the UAE offer cashback. You’ll need to check the specific benefits before choosing the right one for your needs.
How To Get A Free Credit Card In UAE?
You can get a free credit card in the UAE from several banks, as some offer cards with no annual fee, making it easy to obtain one.
Are There Any Credit Cards In UAE With No Annual Fees?
Yes, several banks offer credit cards with no annual fees, including the RAKBANK Titanium Credit Card, Standard Chartered Manhattan Platinum Credit Card, CBI Reward Platinum MasterCard, and DIB Prime Signature Credit Card.
