Card seekers sometimes get confused between kredit cards and credit cards. Are they the same? Let’s find out!
Is There Any Difference Between a Kredit Card and a Credit Card?
In the UAE, "kredit card" and "credit card" refer to the same financial product.
Both terms describe a card issued by a bank that allows you to borrow money for purchases and repay later (within the monthly billing date). The only difference is in spelling; "kredit" is a common misspelling of “credit.”
Regardless of the term used, these cards offer features such as rewards, cashback, and more.
What are the Key Features of a Kredit Card?
Each bank credit card offers exclusive rewards and benefits.
The common features of kredit cards in the UAE include —
Earn cashback on domestic and international purchases
Loyalty points redeemable for shopping, travel, dining, and entertainment categories
Enjoy complimentary services, such as airport lounge access
Features like credit shield and other protection benefits
Exclusive discounts on dining, shopping, entertainment, and more
13 Nov 2024How Do Credit Cards Work?Credit cards can help build credit while making purchases more convenient. Learn how credit cards work and best practices for using them by Policybazaar.