A cashback credit card helps a lot when it comes to spending. One of its features is to repurchases a certain percentage of users’ purchase money in cash. This is to say, the amount of cashback depends on the type of purchase and also the minimum consumption requirements.
In UAE and Dubai, there are various cashback cards available and that is what we will be looking at.
1. FAB Abu Dhabi Platinum Credit Card
The FAB Abu Dhabi Platinum Credit Card brings in amazing offers, discounts, and free offers. It adds some luxury to your life by giving generous discounts and a refund. Cardholders are entitled to receive AED 15 and AED 20 movie tickets on working days and weekends as well.
- There is no annual fee for the first year and after that, the fee is up to AED 550.
- Users get 10% cashback on shopping from all online stores
- The profit rate is 3.5%.
2. Citibank Citi Cashback Credit Card
This is another Cashback for the best shopping experience. It offers cashback and discounts and malleable services, making it one of the best cards to use. It provides guaranteed cashback for various purchases including international shopping as well.
- It supports refunds for all international purchases at 3%, purchases at grocery stores and supermarkets at 2%, and other expenses at 1%.
- It has an annual fee of zero in the first year, and the annual fee is to 9000 dirhams, otherwise 300 dirhams for the second year.
- The profit rate is 3.25%.
3. Emirates Islamic Cashback Card
Emirates is an Islamic card. To use this card, you need a monthly salary of at least AED 5,000. The repayment period is 55 days and the minimum repayment is 5% of the outstanding amount.
The good thing is that the card is free for life and is based on an annual AED 5000 expenditure. If the requirements are not met, you will be charged an annual fee of 350 AED.
The foreign exchange rate is also applicable to foreign operations at 2.34%. Etisalat gets 10% cashback and the maximum consumption is AED 1,000. Electronic products get 5% cashback, and all other expenses can get 1% cashback.
However, the balance transfer tool can be used for 6 months for 0%, while the handling fee is charged at 2%. Finally, a minimum payment of 5% is required every month.
4. HSBC Cashback Credit Card
With this credit card, you get up to 10% cashback on all fuel expenses in the UAE and 3% cashback on all supermarket buying, and 1% of all other expenses. The good thing is that there are no maximum total cashback restrictions. You Buy One Get One Free” movie ticket at VOX Cinemas in UAE.
You will also get the HSBC Artist Mobile App and many more. There is a maximum cashback limit for each reporting of AED 100 for fuel and AED 200 for supermarkets.
5. ADIB Cashback Visa Platinum Card
This is another Islamic card. It’s for salary-adjusted clients and the minimum salary requirement is AED 10,000 per month. It also requires bank approval. The profit rate is 2.99% of wage transfer and rises to 3.09%. You get an unlimited 1% cashback on all purchases.
Then up to a 3% balance transfer fee or 200 dirhams. Meaning there is no profit for up to 12 months. Further, the cashback will be credited to the card every month. Holders get 1% cashback on the purchase of all goods. There is no maximum limit and there is no minimum expenditure.
6. Mashreq Cashback Card
To be a holder of this card, you need a monthly salary of at least AED 7,000 and it’s free for life. Users get unlimited double cashback for 3 months-unlimited. Further, it provides cash back for food and beverage consumption at 10%, cashback for international expenditure is 4%, while cashback for domestic expenditure is 2% and 1.39% for the monthly balance transfer fee.
7. First Abu Dhabi Bank Cashback Credit Card
To use this cashback credit card, you need a monthly salary of at least AED 5,000. The minimum payment is 5% or 100 AED. The foreign exchange rate applies to foreign operations at a 2.05% + commission rate.
The annual card fee is 315 dirhams. The 5% cashback will be calculated every month and will be rewarded before the statement date as required. Lastly, the transfer balance is fixed at 0.79% per month.
8. Noor Bank Rewards Card – Platinum
This is also an Islamic card. To be eligible, you need a monthly salary of at least 20,000 dirhams. The repayment period is 21 days with 3% of the minimum payment. The foreign exchange rate applicable to the foreign purchase is 2.5%.
You can exchange the point for cashback and vouchers donated by Sharaf DG, Joyalukkas, Jacky’s retailer and Jacky’s Electronics, and Awqaf and Minor Affairs (AMAF). Local spending earns 1.25% cashback, international spending earns 2% cashback. Before I forget, there are no mileage plans on the card.
9. RAKBANK Visa Credit Card
To be eligible, you need a minimum monthly salary of AED 7,500. The card comes with an interest rate of 3.45% per month on the unpaid balance. The foreign currency exchange rate applicable to the foreign transaction in non-AED currencies is 2%. While the transaction fee is 2.5% of AED currency.
All international cash advances, retail, and cash rebates on Internet transactions are up to 5%. However, if your consumption exceeds AED 1000, you can enjoy 1% cashback on all your domestic retail purchases.
There are no mileage plans on the card. You will also get up to 1% cashback in all international retail including Internet transactions and cash advances. Then enjoy a 1% cash rebate on total domestic retail purchases every month with a minimum monthly retail consumption of AED 1,000.
10. ADIB Cashback Gold Card
This is also an Islamic card with a minimum salary requirement of AED 5,000 per month. It also requires bank approval. The profits rate is starting from 2.99% of wage transfer and rises to 3.09%. After you have enjoyed the first year, the annual fee is 500 dirhams.
It offers an unlimited 1% cashback on all retail purchases. There is no mileage plan as well. It has up to a 3% balance transfer fee or 200 dirhams, and no profit for up to 12 months. Holders get 1% cashback on the purchase of all goods. There is no maximum limit and no minimum expenditure.