Types of Credit Cards: Compare and Choose the Best

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5,000 AED50,000+ AED

What Does a Credit Card Look Like?

Given below are the information available on a credit card:

Front Side of a Credit Card

Name of the Bank
16-Digit Credit Card Number (Example credit card number: xxxx xxxx xxxx 4568)
Cardholder’s Name
Card Expiration Date

Backside of a Credit Card

Cardholder’s Signature
CVV Security Number

Benefits of Different Types of Credit Cards

UAE nationals and expats can apply for different types of credit cards as per their requirements. These kinds of credit cards serve multiple purposes — cash dispense, access to emergency funds, earning rewards, and offers on each transaction.

Some top benefits include:

Earn reward points
Get exclusive cashback
Enjoy heavy discounts on dining, shopping, entertainment, and other categories
Buy 1 Get 1 offers
Complimentary services, including airport lounge access, valet parking, travel insurance, etc.

Each credit card comes with its own set of features, criteria and offers. Let’s explore the types of credit cards available in the UAE:

Types of Credit Cards in the UAE

Banking institutions in the UAE have different credit card categories. Listed below are the major types of credit cards available:

Cashback Credit Card

This type of card credits a specific amount of cashback on purchases. The cashback facility is generally applicable to both domestic and international purchases.

Each card has a different percentage of cashback based on your spending. Note that the percentage may be different across all the categories.

Rewards Credit Card

A rewards credit card allows you to earn points or miles with each purchase. These rewards accumulate with every transaction. Points, such as Airmiles and Upoints can be redeemed for travel, shopping, or other benefits.

Some cards offer higher rewards for specific categories like dining or travel. Additionally, many rewards cards come with sign-up bonuses.

Balance Transfer Credit Card

With a balance transfer credit card, you can transfer existing credit card debt from one or more cards to a new card, usually at a lower interest rate. Generally, these cards offer an introductory period of 0% interest on transferred balances.

However, it’s crucial to consider the transfer fees and the regular interest rate after the introductory period ends.

Travel Credit Card

A travel credit card is designed for frequent travellers, offering rewards and benefits specifically for travel-related expenses. As a cardholder, you can earn miles or points on travel-related purchases like flights, hotels, and car rentals which can be redeemed for free or discounted price.

Additionally, travel cards often come with perks such as no foreign transaction fees, airport lounge access, travel insurance, and emergency assistance services. Some may also offer sign-up bonuses and hotel discounts.

Airport Lounge Access Credit Card

An airport lounge access credit card grants cardholders access to exclusive airport lounges worldwide, offering a more comfortable and luxurious travel experience. Cardholders can take benefits of complimentary food, drinks, Wi-Fi, and even shower facilities.

Some cards include unlimited access, while others offer a limited number of visits per year. Additional travel perks such as priority boarding, extra baggage allowance, and travel insurance are included.

Cinema Offers Credit Card

Movie credit cards come with exclusive discounts and special offers like buy-one-get-one-free tickets, discounted popcorn and drinks, or exclusive access to movie premieres.

Some cards may also offer reward points that can be redeemed for more movie-related perks. These cards are typically partnered with major cinema chains, ensuring widespread usability

Free for Life Credit Card

A free-for-life credit card is a no-annual-fee card that remains free for as long as the cardholder keeps it. These cards offer basic features such as rewards, cashback, or discounts making it a perfect choice for budget-conscious individuals.

They may also provide additional benefits like interest-free periods, balance transfer offers, and global acceptance. However, free-for-life cards might not offer as many premium perks as cards with annual fees.

Golf Course Access Credit Card

Individuals playing golf regularly can avail of a golf course access credit card. Cardholders can enjoy perks such as free rounds of golf, discounted green fees, and exclusive access to golf events or tournaments.

Some cards may also provide additional benefits like priority tee times, golf lessons, and access to private golf clubs. These credit cards are suitable for those who want to experience luxury golf experiences without the high costs.

Grocery Shopping Credit Card

As the name suggests, this type of credit card offers rewards and discounts on everyday grocery purchases, making it a cost-effective choice for households. Here, you can earn cashback, points, or discounts when shopping at supermarkets or grocery stores, helping to reduce monthly expenses.

Besides, perks like higher rewards for specific supermarket chains, discounts on dining, fuel, or other essential purchases. This makes them ideal for individuals or families who spend a significant portion of their budget on groceries and want to maximise their savings.

Dining Card

A dining card is tailored for food lovers, offering rewards, discounts, or cashback on restaurant bills and food delivery services. Cardholders can enjoy benefits like exclusive discounts at partner restaurants, bonus points on dining out, or special offers on food delivery apps.

Apart from these, other benefits may include complimentary meals, priority reservations, or invitations to exclusive culinary events. These cards are perfect for those who frequently dine out or order food and want to save money while enjoying their favourite meals.

Valet Parking Credit Card

This card offers complimentary or discounted valet parking services at hotels, restaurants, shopping malls, and other premium locations. These cards are exceptionally curated for those seeking convenience and who prefer to avoid the hassle of finding parking spots in busy areas.

Eligibility for Different Types of Credit Card in the UAE

We have mentioned the general eligibility criteria for credit cards in the Emirates below:

Parameters	Eligibility
Age	The minimum age of the applicant is 21 years.
Salary	Applicants with a minimum monthly salary of AED 5,000 are eligible. However, each card has specified salary criteria, usually higher than AED 5,000.
Employment Status	Those who are either salaried or self-employed are eligible to apply for credit cards in UAE.
Nationality	Applicants must have a UAE residency permit to be eligible for a credit card. This includes UAE nationals and UAE expatriates.
Credit Score	Creditworthiness majorly decides your card eligibility. Banks assess your application and decide on the required credit score.

Apply for Different Kinds of Credit Cards via Policybazaar UAE

Confused about which credit cards to choose? No worries. Visit www.policybazaar.ae to choose your ideal card.

You can access credit card quotes easily by clicking here. Use the ‘Filters’ option to find specific-category cards. Here are the other benefits you can unlock with us:

Collaboration with top-notch UAE banking institutions
Availability of different types of credit cards across multiple categories
Active customer support service
Quick and easy card application process
Low-rate cards are available
Free access to our website’s ‘Articles’ section for all credit card-related information