Credit cards are a great way of building credit. When they offer rewards as well, it’s a chance to build credit while treating yourself to prizes and more. The UAE has one of the best global offerings of rewards credit cards, as many banks offer you a chance to win everything from a car to a meet-and-greet with your favorite soccer player. Let’s get into some of the best rewards credit cards in the UAE.
Cash Back Rewards Cards - Arguably, the best perks of rewards credit cards offers are those with cashback included!
HSBC UAE has one of the more competitive cashback cards on the market. Their cashback card offers up to 10% cashback on everyday purchases and no max limit of cashback earned. Card members of the HSBC UAE cashback card also get buy-one-get-one-free ticket offers at Vox Cinemas.
Citi Bank UAE also has a lower yield cashback card, but it doesn’t have any complicated regulations. Card members can receive up to three percent cashback on international spending, two percent back on grocery purchases and one percent on everything else. Both offer a fee-free first year and a fee-free second year if the minimum spend has been met.
Luxury Raffle Rewards Cards - Luxury raffle credit cards are cards that offer you luxury prizes through raffles, usually annually. One of the best luxury rewards credit cards on the market is the Abu Dhabi Titanium Credit Card through FAB Bank. This card has the highest chances to win a luxury prize with annual, semi-annual, quarterly and monthly drawings.
Every year, one lucky winner receives an Audi Q5 car! Semi-annually, two winners can treat themselves to a trip for two to New York, Seychelles, Maldives, London or Sydney. Quarterly, five winners receive a two-night stay at an exclusive resort in Abu Dhabi. Finally, every month, 10 lucky card members win a shopping spree worth AED 1000! FAB credit card offers also include another choice luxury rewards card. Their Manchester City Infinite Credit Card offers the chance to meet your favorite Man City players, golf rewards and access to over 1,000 exclusive airport lounges.
Travel Rewards Credit Cards - Younger generations tend to travel more with their families and alone. Travel rewards credit cards are in-demand, some of the best always offer access to private lounge areas in airports, travel insurance and other travel-related needs.
The NBD Skywards Infinite credit card offers unique travel perks that include up to 100,000 skywards miles and lounge access at airports, with unlimited usage for self and 1 guest per visit. It also offers a three percent discount on air tickets, a seven percent discount on holiday packages and up to 30 percent off at over 2,000 dining locations in the UAE. The NBD Skywards signature card gets card members four hours’ worth of valet parking of 1 hour each at select shopping malls in the UAE.
Overall, now is the time to apply for high-yield rewards cards, as the benefits are very competitive with luxury returns for card members.
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