You are a resident in the UAE and have a regular job with a set salary. Good! And if you’re thinking that having a credit card is a necessity in UAE, well, this is correct!. Why? Credit cards are one of the most common forms of payment in the UAE, owing to the various offers and incentives that UAE banks provide through various types of a credit card. But, in the UAE, a minimum salary of AED 5000 is necessary to apply for a credit card.
Before you pick a card, I would recommend exploring a number of credit cards, including ones that offer cash back, lower interest rates, travel perks, and credit-building features, and other benefits that I’ll talk about later in this article.
Wait! You have to take into consideration that not all credit cards are available to you. When granting a credit card application, banks look at numerous factors such as the Debt Burden Ratio, credit score, minimum salary, nationality, and so on. The monthly salary/income of an individual is the first and major criteria examined in a credit card application.
Now, if you’re looking for a credit card for a salary of AED 5000, here’s a list of credit cards available via UAE banks, along with a detailed description of the cons and pros of each one.
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Table of Contents
List of credit cards with AED 5000 salary
- ADIB Cashback Visa Platinum Card
- Mashreq Cashback Credit Card
- FAB Standard Credit Card
- Emirates NBD Titanium Credit Card
ADIB Cashback Visa Platinum Card
It is an Islamic card, and with this card, you can get four additional cards. it has no annual fee for the first year, but from the second-year forward, a fee of AED 1000 is charged.
Other features and benefits:
- The Forex rate stands at 3.1%
- Withdraw 100% of your credit limit as cash.
- Access to airport lounges worldwide via Veloce lounge.
- There is no minimum spend required to receive cashback from this card.
- Get unlimited 1% cashback on all your major spends done with this card.
Mashreq Cashback Credit Card
This credit card is preferred by people who shop all the time. It provides ultimate cashback with no restriction on all purchases and has no annual fee for life.
Other features and benefits:
- Get high dining offers.
- 5% is the outstanding bill is the minimum payment amount.
- 45% is charged as interest rate.
- 5% cashback is provided on dining expenses in the UAE
- 2% cashback is provided on international purchases
- 1% cashback is provided on local expenses
- Get AED 500 cashback is offered for new customers as a welcome bonus (on spending AED 4500 in Acquisition month + 2 months of card activation)
FAB Standard Credit Card
With this card, you can earn up to 2.5 FAB Rewards per AED 1 you spend and has no annual fee for life.
Other features and benefits:
- Peace of mind with a meet and free service at the airport
- Lounge access
- Facilities such as roadside assistance, automatic utility bill payment, accident insurance, credit shield, wallet shield
- Can get up to 5% cashback on spending using the credit card
- Can transfer money to other accounts on no charges
- 5% is charged as interest rate.
Emirates NBD Titanium Credit Card
This card offers a lot of features and benefits. You can pay as little as 5% of your existing balance each month with your Emirates NBD MasterCard Titanium Credit Card, and the balance will be carried forward to the following statement. It has an annual charge of AED 400.
Other features and benefits:
- The Forex rate stands at 1.99%
- The interest rate is 3.25%
- Enjoy a variety of choices for paying your utility bill.
- Get up to 40% discount at 100 Golf courses worldwide.
- Up to 30% off at over 2000 restaurants across the UAE.
- For every AED 100 spent, earn 1 plus point, which can be used for cashback.
- The Emirates NBD Travel Desk offers a 3% discount on flight tickets and up to a 10% discount on vacation packages.
By now, you should have a thorough understanding of the various sorts of credit cards and reached a conclusion on which one would be best for you. As you can see, Credit Cards in UAE for 5000 salary are quite convenient to everyone and offer a range of options. So, if you’re ready, go get your credit card right now.
