THE 20 BEST Cash Back Credit Cards in UAE
Searching for cashback from a credit card can be beneficial in the UAE for several reasons:
1. Earn rewards on purchases: Credit cards that offer cashback rewards allow you to earn a percentage of the money you spend on purchases, either as a statement credit or as cash in your account. This means you can earn money back on purchases you’re already making, which can help reduce the cost of your expenses.
2. Save money on purchases: Cashback rewards can help you save money on purchases you make regularly, such as groceries, fuel, or utility bills. Depending on the card, you can earn cashback rewards ranging from 1% to 5% or more on these types of purchases.
3. Flexibility: Cashback rewards are typically more flexible than other types of rewards, such as points or miles. You can use the cashback rewards to pay off your credit card balance, make purchases, or withdraw cash from an ATM.
4. No annual fees: Many credit cards that offer cashback rewards do not charge an annual fee, which means you can earn rewards without having to pay a fee for the privilege.
5. Additional benefits: Some credit cards that offer cashback rewards also come with additional benefits, such as travel insurance, airport lounge access, and discounts on certain purchases.
It’s important to note that to fully benefit from cashback rewards, you should pay off your credit card balance in full every month to avoid paying interest charges. Additionally, it’s advisable to carefully read the terms and conditions of a credit card before applying to understand the cashback rewards program, fees, and any other benefits or limitations associated with the card.
However, here are some common cash-back credit cards that are offered in the UAE:
THE 20 BEST Cash Back Credit Cards in the UAE
1. ADIB Cashback Visa Platinum Card
2. CBD NOW Cashback Credit Card
3. Dubai First Cashback Credit Card
4. Emirates Islamic Cashback Plus Credit Card
5. FAB Cashback Credit Card
6. HSBC Cashback Credit Card
7. Mashreq Cashback Credit Card
8. NBAD Stars Cashback Credit Card
9. RAKBANK Cashback Credit Card
10. SCB Cashback Credit Card
11. Standard Chartered Cashback Credit Card
12. CBD Super Saver Credit Card
13. ADIB Etihad Guest Cashback Visa Card
14. Emirates NBD Dnata World Credit Card
15. FAB Etihad Guest Signature Credit Card
16. HSBC Premier Cashback Credit Card
17. Mashreq Solitaire Credit Card
18. RAKBANK World Mastercard Credit Card
19. SCB Rewards Credit Card
20. Standard Chartered Platinum Cashback Credit Card
It’s always a good idea to do thorough research and compare the features, benefits, and fees of different credit cards before choosing one that best suits your needs and financial situation. Additionally, you should read the terms and conditions carefully to understand the rewards program, interest rates, and any fees associated with the credit card.
Which of these credit cards have the highest cashback rates?
The cashback rates offered by credit cards can vary depending on the card issuer, the type of transactions, and the terms and conditions of the rewards program. However, here are some credit cards in the UAE that offer high cashback rates: before applying for a credit card.
Offers up to 5% cashback on supermarket, utilities, and fuel purchases.
Offers up to 4% cashback on supermarket, utilities, and education-related transactions.
Offers up to 5% cashback on supermarket, dining, and telecom purchases.
Offers up to 5% cashback on supermarket, fuel, and utility bill payments.
Offers up to 10% cashback on grocery, dining, and telecom purchases.
Offers up to 5% cashback on supermarket, fuel, and utility bill payments.
It’s important to note that the cashback rates offered by credit cards can change from time to time, and may also vary depending on the spending patterns of the cardholder. Therefore, it’s always advisable to read the terms and conditions of the card and understand the cashback rewards program
Best travel rewards credit cards in the UAE
What are some tips for using a cashback credit card responsibly?
Here are some tips for using a cashback credit card responsibly:
1. Spend within your means: Don’t overspend on your credit card just to earn cashback rewards. Only make purchases that you can afford to pay off in full at the end of the billing cycle.
2. Pay your balance in full: To avoid paying interest charges, pay your credit card balance in full every month. This will also help you maximize the cashback rewards you earn.
3. Keep track of your spending: Monitor your credit card spending to ensure that you stay within your budget and avoid overspending. You can use a budgeting app or tool to track your expenses and manage your finances.
4. Understand the rewards program: Read the terms and conditions of your credit card to understand the cashback rewards program, including the rewards rates, categories, and any limitations or exclusions.
5. Pay on time: Make sure to pay your credit card bill on time to avoid late fees and negative impacts on your credit score.
6. Avoid cash advances: Cash advances on your credit card typically come with high interest rates and fees, which can negate the benefits of cashback rewards.
7. Use your card for regular purchases: Use your credit card for regular purchases, such as groceries and utilities, to earn cashback rewards on expenses you’re already making.
By using your cashback credit card responsibly, you can maximize the rewards you earn while avoiding debt and financial stress.
