Credit cards are a very popular option in the UAE with 71% of people having more than one credit card.1 However low credit scores can impact lives on so many levels making it harder to keep up with society. A range of credit cards are now available for instant approval with simple online applications. These cards can with many benefits so to find the best available rates and offers near you try a simple online search.
The UAE Love To Use Credit Cards
With over $53billion spent from credit cards in the UAE there is a tremendous influx of credit card usage according to the big banks.2 As the country begins to get access to more financial tools and cards with rewarding benefits consumers are jumping on the trend. Credit cards offer a safe alternative to shopping online and the points can add up fast allowing you access to great rewards.
But First, Why Use A Credit Card?
Well credit cards can be a convenient way to help manage your finances and to access certain extra benefits. But on the total other hand they can be risky if they’re not managed properly. Comparing benefit is hugely important when it comes to picking the right card for you to make sure you’re receiving the best rates with eligible points.
Quick Benefits Of Using A Credit Card
- Safer Than Carrying Cash – By using a credit card you’re not carrying your cash around with you. You can use the card to make purchases and pay the bills whenever you need to.
- Build Your Credit Score – Your credit score is an important factor when it comes to making large purchases like a car or a home. By using your credit card you’ll be increasing your credit score with every purchase allowing easier access to home loans in the future.
- Earn Rewards – If you’re somebody who often travels or buys a lot of items at different stores it can be a real hassle to keep track of all your loyalty points. But credit cards can also earn you rewards points which can really add up in the long run.
- Multiple Currency Options – If you enjoy travelling the world or buying items in other countries you may find that it’s easier to pay with a credit card instead of having to bring cash. Check the cards your are considering and see what type of currency is accepted.
The Top 5 Instant Approval Credit Cards In UAE
1. Emirates NBD Instant Credit Card
Emirates NBD offers an instant credit card with no annual fees and a range of rewards and benefits. The card offers a minimum salary requirement of AED 5,000, and applicants can apply online for instant approval and issuance. The card offers cashback on everyday purchases, discounts on dining and entertainment, and travel benefits such as airport lounge access and travel insurance.
2. Mashreq Instant Credit Card
Mashreq Bank offers an instant credit card with no annual fees and a minimum salary requirement of AED 5,000. The card offers rewards on everyday spending, such as cashback on dining, travel, and shopping. Cardholders also receive discounts on entertainment, dining, and travel. Applicants can apply online and receive instant approval and issuance of the card.
3. Standard Chartered Saadiq Platinum Card
The Standard Chartered Saadiq Platinum Card offers instant approval and issuance with no annual fees and a minimum salary requirement of AED 5,000. The card offers rewards on everyday spending, such as cashback on dining, travel, and shopping. Cardholders also receive discounts on entertainment, dining, and travel. Additionally, the card offers Islamic banking services and complies with Shariah law.
4. RAKBANK World Mastercard
The RAKBANK World Mastercard offers instant approval and issuance with no annual fees and a minimum salary requirement of AED 15,000. The card offers rewards on everyday spending, such as cashback on dining, travel, and shopping. Cardholders also receive discounts on entertainment, dining, and travel. Additionally, the card offers travel benefits such as airport lounge access and travel insurance.
5. ADCB SimplyLife Cashback Card
The ADCB SimplyLife Cashback Card offers instant approval and issuance with no annual fees and a minimum salary requirement of AED 5,000. The card offers cashback on everyday spending, such as groceries, dining, and utility bills. Cardholders also receive discounts on entertainment and shopping. Additionally, the card offers a range of lifestyle benefits such as movie tickets and spa discounts.
Get An Instant Approval For Your Best Personal Credit Card
It can be confusing to understand which option of credit cards will be right for you with so many different options available. If you’re new to the credit card world or a veteran looking to get the best points available we have gathered all the information for you. To find the best deals available in your state start an online search.