Looking for the best cashback credit card in the UAE? With so many options available, it can be overwhelming to choose the right one. Cashback credit cards offer rewards in the form of cashback for every purchase you make, making them a popular choice for those looking to earn rewards while spending. In this article, we’ll take a closer look at the best cashback credit cards available in the UAE and help you find the one that suits your needs.
First up on our list is the Emirates NBD Cashback Credit Card, which offers up to 10% cashback on dining, entertainment, and travel expenses. With no annual fee and easy redemption options, this card is a popular choice for those looking to earn rewards on their everyday spending. Another great option is the Citi Cashback Credit Card, which offers up to 5% cashback on all purchases, with no minimum spend required. With a low annual fee and a range of additional benefits, this card is a great choice for those looking for a simple and straightforward cashback credit card.
Understanding Cashback Credit Cards in UAE
Benefits of Cashback Cards
One of the main benefits of cashback credit cards is that you can earn money back on your spending. This can be particularly useful if you use your credit card for everyday purchases such as groceries and petrol.
Cashback credit cards can also offer other benefits such as rewards points and discounts on certain purchases. Some cashback credit cards also offer introductory offers such as 0% interest on balance transfers for a certain period of time.
Overall, cashback credit cards can be a great way to earn money back on your spending. However, it’s important to remember that you should only use a cashback credit card if you can afford to pay off your balance in full each month. Otherwise, the interest charges could outweigh any cashback benefits.
Top Cashback Credit Cards in UAE
If you are looking to earn cashback on your credit card purchases, there are several options available in the UAE. Here are some of the top cashback credit cards to consider:
Card Comparison Overview
| Card Name | Cashback Offer | Annual Fee |
|---|---|---|
| Emirates NBD Cashback Credit Card | Up to 5% cashback on groceries, dining, and fuel | AED 300 |
| CBD Super Saver Credit Card | Up to 10% cashback on groceries, dining, and utility bills | AED 299 |
| Mashreq SmartSaver Cashback Credit Card | Up to 10% cashback on groceries, dining, and entertainment | AED 350 |
| HSBC Cashback Credit Card | Up to 10% cashback on groceries, dining, and telecom bills | AED 299 |
Features and Benefits
The Emirates NBD Cashback Credit Card offers up to 5% cashback on groceries, dining, and fuel purchases. Additionally, cardholders can enjoy discounts on movie tickets and access to airport lounges.
The CBD Super Saver Credit Card provides up to 10% cashback on groceries, dining, and utility bills. Cardholders also receive discounts on travel bookings and access to airport lounges.
The Mashreq SmartSaver Cashback Credit Card offers up to 10% cashback on groceries, dining, and entertainment purchases. Cardholders can also enjoy discounts on travel bookings and access to airport lounges.
The HSBC Cashback Credit Card provides up to 10% cashback on groceries, dining, and telecom bills. Cardholders can also enjoy discounts on travel bookings and access to airport lounges.
Eligibility Criteria
To be eligible for the Emirates NBD Cashback Credit Card, applicants must have a minimum monthly salary of AED 5,000 and be at least 21 years old.
The CBD Super Saver Credit Card requires a minimum monthly salary of AED 5,000 and a minimum age of 21 years.
The Mashreq SmartSaver Cashback Credit Card requires a minimum monthly salary of AED 10,000 and a minimum age of 21 years.
The HSBC Cashback Credit Card requires a minimum monthly salary of AED 5,000 and a minimum age of 21 years.
Overall, these cashback credit cards offer a range of benefits and rewards for UAE residents. Consider your spending habits and eligibility criteria before choosing the best card for you.
Maximising Cashback Rewards
If you’re using a cashback credit card in the UAE, you’ll want to make sure you’re getting the most out of your rewards. Here are some tips to help you maximise your cashback rewards:
Strategic Spending
To get the most cashback rewards, you’ll need to be strategic about your spending. Look for credit cards that offer higher cashback rewards for the types of purchases you make most often. For example, if you spend a lot on groceries, look for a card that offers higher cashback rewards for supermarket purchases.
It’s also important to pay attention to any spending caps or limits on cashback rewards. Some cards may offer higher cashback rewards, but only up to a certain amount of spending per month or per year. If you’re a big spender, you’ll want to make sure you’re not hitting any limits that will reduce your rewards.
Combining Offers and Promotions
Another way to maximise your cashback rewards is to combine offers and promotions. Many credit cards offer additional cashback rewards for purchases made through their partner merchants. For example, you might get extra cashback rewards for shopping at a particular online retailer or booking a hotel through a certain website.
You can also look for cashback offers from other sources, such as cashback websites or apps. These services will give you cashback rewards for purchases made through their links or apps. By combining these offers with your credit card rewards, you can get even more cashback on your purchases.
Overall, the key to maximising your cashback rewards is to be strategic and take advantage of all the offers available to you. By doing so, you can earn more rewards and get more value out of your cashback credit card.
Terms and Conditions
Interest Rates and Fees
When choosing a cashback credit card, it is important to carefully review the interest rates and fees associated with the card. Interest rates can vary depending on the card issuer and your credit score, so it is important to understand what you will be charged if you carry a balance on your card.
In addition to interest rates, many cashback credit cards also come with annual fees, late payment fees, and foreign transaction fees. Be sure to review these fees carefully to determine if the card is the right fit for your spending habits and budget.
Limitations and Exclusions
While cashback credit cards can be a great way to earn rewards on your everyday spending, it is important to understand the limitations and exclusions that may apply. Some cards may have spending caps or restrictions on certain categories, such as travel or dining.
Additionally, many cashback credit cards exclude certain types of transactions from earning rewards, such as balance transfers or cash advances. Be sure to review the terms and conditions carefully to understand what types of transactions are eligible for cashback rewards.
Overall, understanding the terms and conditions of a cashback credit card is crucial to maximizing your rewards and avoiding unnecessary fees. By carefully reviewing the interest rates, fees, and limitations of a card, you can make an informed decision and choose a card that best fits your needs.
Application Process
Required Documents
To apply for a cashback credit card in UAE, you will need to provide certain documents. These typically include:
- A valid Emirates ID card
- A copy of your passport and visa page
- Proof of income, such as a salary certificate or bank statement
- Proof of address, such as a utility bill or rental agreement
Make sure to have these documents ready before you start the application process to avoid any delays or complications.
Online Application Steps
The application process for a cashback credit card in UAE is usually straightforward and can be completed online. Here are the general steps you can expect to follow:
- Research and compare different cashback credit cards to find the one that best suits your needs.
- Visit the website of the bank that offers the card you want and click on the “Apply Now” button.
- Fill out the online application form with your personal and financial information.
- Upload the required documents, such as your Emirates ID, passport copy, and proof of income and address.
- Review the application and submit it for processing.
Once your application is submitted, the bank will review it and may contact you for further information or clarification. If your application is approved, you will receive your cashback credit card in the mail within a few days.
Overall, applying for a cashback credit card in UAE is a simple and straightforward process as long as you have the required documents and follow the online application steps carefully.
