Uae : A detailed guide on best credit cards in dubai for 5000 salary in 2023 with their features,benefits,annual fees,charges and apply now link.
Credit Card has become a life partner of people in Uae ,either you call it for buying a new car,paying for fuel or call it for travelling abroad.UAE people have been using credit card from quite long.
It works as a saviour for many with instant credit and it also give financial freedom for expatriates in UAE.Lets consider the credit card needs first in UAE .
Understanding your Credit Card Needs in UAE
Here are some things to consider when choosing a credit card:
- Your spending habits: What types of purchases do you make most often? This will help you determine which card offers the best rewards for your spending.
- Your credit score: Your credit score will affect the interest rate you are offered on a credit card. If you have a good credit score, you may be able to get a card with a 0% interest rate.
- Your budget: How much can you afford to spend on a credit card annual fee? Some cards have no annual fee, while others can cost hundreds of dirhams per year.
- Your needs: Do you need a card with travel benefits? Or are you looking for a card with cash back rewards? Consider your needs and choose a card that meets them.
Best credit cards to apply in UAE for 5000 salary in 2023
1. RAK Bank FAB Platinum Credit Card
This card offers a 0% interest rate on purchases for the first 30 days. It also offers a welcome bonus of 10,000 FAB Miles when you spend AED 5,000 in the first 3 months. The annual fee is AED 500.
2. Abu Dhabi Islamic Bank (ADIB) Gold Credit Card
This card offers a 0% interest rate on purchases for the first 45 days. It also offers a welcome bonus of 10,000 ADIB Rewards points when you spend AED 5,000 in the first 3 months. The annual fee is AED 499.
3. Etihad Airways Platinum Credit Card
This card offers a welcome bonus of 10,000 Etihad Guest Miles when you spend AED 5,000 in the first 3 months. It also offers a 0% interest rate on purchases for the first 60 days. The annual fee is AED 750.
4. Mashreq Bank Miles & Go World Elite Credit Card
This card offers a welcome bonus of 10,000 Miles & Go miles when you spend AED 5,000 in the first 3 months. It also offers a 0% interest rate on purchases for the first 30 days. The annual fee is AED 550.
5. First Abu Dhabi Bank (FAB) Platinum Visa Credit Card
This card offers a welcome bonus of 10,000 FAB Miles when you spend AED 5,000 in the first 3 months. It also offers a 0% interest rate on purchases for the first 45 days. The annual fee is AED 500.
6. Standard Chartered Gold Credit Card
This card offers a welcome bonus of 10,000 Miles when you spend AED 5,000 in the first 3 months. It also offers a 0% interest rate on purchases for the first 30 days. The annual fee is AED 499.
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7. HSBC Premier World Mastercard
This card offers a welcome bonus of 10,000 HSBC Rewards points when you spend AED 5,000 in the first 3 months. It also offers a 0% interest rate on purchases for the first 60 days. The annual fee is AED 1000.
8. Citibank Premier Credit Card
This card offers a welcome bonus of 10,000 Citi ThankYou Rewards points when you spend AED 5,000 in the first 3 months. It also offers a 0% interest rate on purchases for the first 60 days. The annual fee is AED 1200.
9. Emirates NBD Platinum Credit Card
This card offers a welcome bonus of 10,000 Skywards Miles when you spend AED 5,000 in the first 3 months. It also offers a 0% interest rate on purchases for the first 45 days. The annual fee is AED 500.
Emirates NBD Platinum Credit Card
10. Bank of Baroda Platinum Credit Card
This card offers a welcome bonus of 10,000 BOB Reward points when you spend AED 5,000 in the first 3 months. It also offers a 0% interest rate on purchases for the first 30 days. The annual fee is AED 499.
11. Emirates Islamic Premier Card
This card offers a welcome bonus of 20,000 Miles when you spend AED 15,000 in the first 3 months. It also offers a 0% interest rate on purchases for the first 3 months, and a cashback of 2% on all purchases.
12. Liv. Platinum Credit Card
This card offers a welcome bonus of AED 1,000 cash when you spend AED 5,000 in the first 3 months. It also offers a 0% interest rate on purchases for the first 30 days. The annual fee is waived for the first year.
13. Commercial Bank of Dubai (CBD) Platinum Credit Card
This card offers a welcome bonus of 10,000 CBD Miles when you spend AED 5,000 in the first 3 months. It also offers a 0% interest rate on purchases for the first 30 days. The annual fee is AED 499.
14. Al Hilal Bank Visa Infinite Credit Card
This card offers a welcome bonus of 30,000 Miles when you spend AED 15,000 in the first 3 months.
Things to consider while choosing Credit Card in dubai UAE
When choosing a credit card, it is important to consider your spending habits and what benefits are most important to you. Some things to consider include:
- Welcome bonus: Many credit cards offer a welcome bonus when you spend a certain amount of money in the first few months. This can be a great way to earn free flights, hotel stays, or gift cards.
- Interest rate: The interest rate on a credit card is the amount of interest you will pay on your balance if you carry it over from month to month. A lower interest rate can save you money in the long run.
- Annual fee: Some credit cards have an annual fee, while others do not. If you don’t use your credit card often, an annual fee may not be worth it.
- Rewards: Most credit cards offer rewards programs that allow you to earn points or miles for your purchases. These rewards can be redeemed for things like free flights, hotel stays, or gift cards.
It is important to compare different credit cards before you choose one. You can use a credit card comparison tool to compare the features and benefits of different cards.
Frequently Asked Questions (FAQs)
What are the eligibility criteria for a credit card with a salary of 5000 AED ?
The eligibility criteria for a credit card with a salary of 5000 AED vary from bank to bank. However, in general, you will need to be at least 21 years old, have a UAE residence visa, and have a minimum monthly salary of 5000 AED. You may also need to have a good credit history.
What are the interest rates on credit cards for a salary of 5000 AED?
The interest rates on credit cards for a salary of 5000 AED vary from bank to bank. However, in general, you can expect to pay an interest rate of around 20% per annum. If you carry a balance on your credit card, you will be charged interest on the outstanding balance.
What are the annual fees for credit cards for a salary of 5000 AED?
The annual fees for credit cards for a salary of 5000 AED vary from bank to bank. However, in general, you can expect to pay an annual fee of around AED 500. Some credit cards do not have an annual fee.
What are the rewards programs for credit cards for a salary of 5000 AED ?
Many credit cards offer rewards programs that allow you to earn points or miles for your purchases. These rewards can be redeemed for things like free flights, hotel stays, or gift cards. The rewards program that is best for you will depend on your spending habits and what you value most.
How do I choose the best credit card for me?
ere are many factors to consider when choosing a credit card. Some of the most important factors to consider include:
Your spending habits
The benefits that are most important to you
The interest rate
The annual fee
The rewards program
You can use a credit card comparison tool to compare the features and benefits of different cards.