Credit Cards, And How To Get Them

It is extremely easy to get a credit card in the UAE. Here’s a helpful guide on buying a useful credit card.

Credit cards are an extremely essential part of our wallets in today’s times. With a credit card, one can easily do away with a lot of spare cash and buy things on the go. They make shopping easy both online and offline, and they offer the opportunity of buying even expensive items without having to worry about getting together the cash first.

Also, it is possible to buy several expensive items on EMIs which are adjusted from the credit card. Credit cards make life extremely simple, by also offering the user the option to withdraw money against them in times of emergencies.

How to apply for credit card in UAE

Banks across the UAE are proactive about increasing their already large customer base for credit cards. These days, customers are opting to apply for credit card in UAE online. This is an easy and quick way to purchase credit cards, with banks offering detailed product information on their websites. The bank processes the application quickly and the credit card is delivered at the customer’s address.

Do your research diligently when applying for a credit card. If you conduct your research over the Internet, type the words ‘apply for credit card UAE’. The search engine will generate pages of the available credit cards offers in UAE, in descending order of importance and popularity.

When applying for a credit card, find out what the monthly payments and late payment charges are. Next, look for the benefits the credit card comes with – this will be in the form of bonus points, discounts on shopping, cash back offers, even freebies at recreational spaces such as malls and cinema theatres. Other benefits may include free cash withdrawal up to a certain limit, or personal finance options for other purchases like cars.

However, it is always better to request a call back from the bank to know everything about the credit card you are about to purchase. Getting the full picture, including charges and benefits, will put you on the track to using the credit card responsibly. Never default on payments, and do not be tempted to buy multiple credit cards. Try also not to rack up debts against the credit card – this can land you in a major financial mess that can be difficult to solve.

Avail Of The Best Credit Card Offers

There are a multitude of benefits that credit cards offer in the UAE. Little wonder then, that the country is increasingly buying them.

A credit card is a useful monetary tool for the times when one needs cash, without having to carry cash. It allows one the freedom to make large purchases even when one does not have the cash for it, with the rider that the user will repay the money ‘credited’ at a later date.

Banks in the UAE are widening their customer base for credit cards like never before. Seeing customers’ interest in credit cards, banks are including a host of benefits that users can avail of when they use their credit cards. Customers can avail of such benefits as discounts for shopping at select outlets in the UAE, or in certain product categories. Further, there are cash back offers on shopping above a certain limit. In the UAE, credit card usage normally attracts discounts during the holy month of Ramadan.

Other credit card offers in UAE can include such freebies as film tickets as part of promotional activities, or increased talk time on their mobile phones. Customers also love the idea of getting points for shopping, which they can redeem at a later date for an attractive item of their choice.

What you should watch out for

While most credit card offers in UAE are genuine, customers can be confused about the basic premise of a credit card. The term ‘credit’ implies a certain credit up to which the user may spend money on purchases, provided the user repays the money at a decided payment schedule.

Also, if you are being offered a free credit card, it is important to note how far this claim goes. ‘Free’ credit cards are free only of taxes and other charges, their use does not imply that one does not repay the amount of money that the card was used for. Premier banks in the UAE offer free credit cards for a certain period of time only; they are clear in explaining that the credit card is not free over a lifetime. If the credit card being offered to you is ‘free’ for lifetime, investigate this claim thoroughly.

You must also be conversant with any terms and conditions applicable to any credit card offers in UAE.