Looking for Cashback Credit cards in UAE? Then you are in the right place.
Cashback credit cards is one of the most popular kind of credit card in UAE. Cashback credit cards normally reward you for your spending. There are different types of cashback offers available in the UAE market.
You can use this guide to compare cashback credit card options and discover how you can get the most value out of this type of credit card.
| Credit Cards | Card Features | Minimum Salary | Apply Now |
|---|---|---|---|
| Citibank Cashback Credit Card | Unlimited and Automatic cashback on all spend. Complementary access to over 850 airport lounges. Free for 1st Year. | 8000 AED | Apply Now |
| CBD Now Visa Signature Card | 50% discount on 4 VOX tickets per month across UAE. Free Valet Parking. | 10,000 AED | Apply Now |
| CBD AL Islamic Visa Infinite Card | 50% discount on VOX cinema tickets across the UAE. Complimentary Airport Lounge Access. | 10,000 AED | Apply Now |
| ADIB Cashback Visa Platinum Card | 1% Cashback on All Purchases | 5000 AED | Apply Now |
| CITIBANK City Prestige Card | Enjoy Up to 4 "Buy 1 Get 1" complimentary tickets at Vox Cinemas. 24/7 concierge service. | 30,000 AED | Apply Now |
| ADIB Spice Card | Up to 9% Cashback on restaurant bills. 7% cashback on supermarket and grocery spends. Get Dining discounts of up to 25% at selected restaurants. | 12000 AED | Apply Now |
This card needs a minimum salary level of AED 8000 but does not need a salary transfer or adhere to Islamic finance.
It has zero annual fees for the first year and from year 2 the card is free unless a minimum annual spend of AED 9,000 is not met.
Benefits of Citi Cashback Credit Card
Documents required include copies of valid visa and passport, Emirates ID copy, salary certificate and 3 months statement of salary in the bank.
Apply for Citi Bank Cashback Credit Card
2. FAB Cashback Credit Card
The FAB Cashback Credit Card has one of the most generous cash-back programs available in UAE and is ideal for anyone who spends significant amounts of money on groceries. With this card, you’ll earn a whopping 5% cashback on supermarket spending.
Benefits of FAB Cashback Credit Card
Apply for FAB Cashback Credit Card
3. CBD Now Visa Signature Card
This card needs a minimum salary level of AED 10,000. It neither needs salary transfer nor offers Islamic finance.
It has zero annual fees, but a monthly interest rate of 2.99% after a 52-day interest-free period.
The transaction rate of foreign currency is 2% per month. It is applicable only to overseas transactions. Repayment must be done within 52 days.
Benefits of CBD Now Visa Signature Card
Documents required are Emirates ID, a copy of passport, and residence visa and salary certificate. Self-employed must also provide valid trade license.
For minimum annual spend of AED 5000, perks like movie tickets, and valet parking are available without extra charge.
Apply for CBD Now Visa Signature Credit Card
4. CBD AL Islamic Visa Infinite Card
When you apply for this card, you will be awarded a guaranteed Travel voucher worth AED 750.The minimum salary requirement is AED 10,000.
There will be no Annual Charges for the first year and one can get loyalty points for one’s complete expenses which can be redeemed as Cashback.
Main Features of CBD AL Islamic Visa Infinite Card
Click here to apply for the CBD AL Islamic Visa Infinite Credit Card
5. ADIB Cashback Visa Platinum Card
The card features a profit rate of 2.99% and stipulates a minimum salary requirement of AED 5000. The card offers 1% unlimited cashback on all retail expenditures.
Main Benefits of ADIB Cashback Visa Platinum Card
Click here to apply for the ADIB CashBack Visa Platinum Credit Card
6. CITIBANK City Prestige Card
This is a cashback credit card with an annual fee of AED 1500 and a minimum salary of AED 30,000.
Citi Prestige Card offers 10,000 bonus thank you points when the card is renewed annually.
Main Features of City Prestige Credit Card
Get 10,000 Thank you points on yearly renewal.
Click Here to Apply for the CITIBANK Prestige Credit Card
7. ADIB Spice Card (for Expats)
ADIB Spice Card offers one of the best rewards programs in UAE. It is an Islamic Credit Card.
Cash withdrawals are available for up to 100% of the finance limit. The minimum Salary Requirement is 12000 AED.
Major Features of ADIB Spice Credit Card
Note: Minimum monthly spend of 3,000 AED is required to avail cashback.
Click here to apply for the ADIB Spice Credit Card
1. ADIB VISA Platinum Credit Card
This ADIB Credit Card offers a whole host of benefits, from cash back and roadside assistance to airport lounge access and more. Plus, cardholders can enjoy features like cash withdrawal, a complimentary grace period, and supplementary cards. So if you’re looking for a credit card that comes with plenty of perks, this could be the one for you.
Major Benefits:
Click here to apply for the ADIB VISA Platinum Credit Card
2. HSBC Cashback Credit Card
The HSBC Cashback Credit Card provides up to 10% cashback and a welcome bonus. You can also get a balance transfer at 0% interest for 24 months.
Major Benefits:
Click here to apply for the HSBC Cashback Credit Card
1. City Cashback Credit Card
Enjoy unlimited, automatic Cashback on all spending with the Citi Cashback Credit Card best cash back credit card in the market.
Major Rewards:
Click here to apply for the City Cashback Credit Card
2. RAKBANK Titanium Credit Card
The RAKBANK Titanium Credit Card offers a host of privileges and benefits unparalleled and unmatched by any other Credit Card.
Major Rewards:
Click here to apply for the RAKBANK Cashback Credit Card
1. CBD Super Saver Credit Card
CBD provides several credit cards to fulfill the various benefits of their customers. Amongst the different credit cards provided, CBD Super Saver Credit Card is one of the best cashback credit cards in the UAE. It offers high cashback on every purchase made using the card. Along with the cashback it also provides travel and movie benefits as well.
Major Benefits:
Click here to apply for the CBD Super Saver Cashback Credit Card
2. FAB Cashback Credit Card
Along with several credit cards with various rewards, FAB Cashback Credit Card is one of the best cashback credit cards that offers high cashback on essentials like groceries, fuel, and utility expenses.
Major Benefits:
Click here to apply for the FAB Cashback Credit Card
1. Mashreq Cashback Credit Card
Mashreq Cashback Credit Card offers a high cashback of 5% and no annual fees are charged for life.
Main Benefits:
Click here to apply for the Mashreq Cashback Credit Card
2. Emirates Islamic Cashback Plus Card
Emirates Islamic Cashback Plus Credit Card is free for a life credit card that offers up to 10% cashback.
Main Benefits:
Before you decide on the right cash-back credit card for you, it’s important to understand how cash-back redemptions work, the different categories cash-back rewards can fall into, and how cash-back cards compare to other types of credit cards. Knowing this information can help you choose a card that earns the most cash back on the purchases you make most often.
What is a cash-back credit card?
Cash-back credit cards are a type of credit card where, as the name suggests, you get cash back for using the card. To get the cashback, though, you generally have to use the card for specific types of purchases, and there’s usually a limit on how much cash back you can earn per purchase or per month. Still, if you use your cash-back credit card wisely, it can be a great way to get a little extra money back each month.
How do you get cash back with a credit card?
If you have a card that offers 2% cash back on groceries, you can earn some money back by using it when you shop. For example, if you spend $100 on groceries tomorrow and use your card to pay, you’ll earn $2 in cash-back rewards. You can keep track of how much cash you’ve earned by checking your monthly statement or online account.
It’s important to know the details of your cash-back credit card in order to maximize your rewards. The earn rate can fluctuate based on time and what kind of purchases you make. For example, the Tangerine World Mastercard offers 2% cash back on up to three different categories of items but only 0.5% cash back on all other purchases. Intro rates may provide a higher return, so it’s important to be aware of those as well.
Annual Percentage Rate
APR, or Annual Percentage Rate, is a crucial element to take into consideration when examining cash-back credit cards. APR is the yearly interest rate charged by your credit card company. However, if you are able to make timely payments and keep a zero balance, you will not be charged any interest.
Redemption process
Cash back credit cards offer different ways to redeem your accumulated point. Some of the redemption methods are:
Most providers let you choose between the options the particular card offers. The redemption can easily be done by going online on the card’s portal or by calling the dedicated helpline number.
Those who are looking for the best value in a credit card should focus on finding one with a high cash-back rate. A card that offers 2% cash back on all purchases is extremely valuable, especially for people who want simplicity. Some people don’t want to manage a bunch of different categories with different rates – like gas or restaurants – and prefer a card that offers a single, high rate on all purchases.
Citi® Double Cash Card – 18-month BT offer
Applying for and getting your unlimited reward cash with 18 month BT offer is simple and easy. The card’s main unique feature is how it doles out the 2% cash back: You get 1% cash back when you make a purchase, and then an additional 1% cash back when you pay it off. However, if you always pay your balance in full every month – which is recommended for all rewards cards – it essentially becomes 2% cash back. Additionally, there is no annual fee, so it costs nothing to carry. Finally, you can redeem your cash via statement credit, direct deposit into a bank account, gift card, or check in the mail.
Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
To earn cash back, pay at least the minimum due on time.
Balance Transfer Only Offer: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 15.49% – 25.49%, based on your creditworthiness.
Balance Transfers do not earn cash back. Intro APR does not apply to purchases.
It’s important to keep in mind that not every credit card that offers 5% cash back gives it back in the same way. Some of the best 5% credit cards give points, miles, or store credit that can be traded in for cashback later on. This way, you can get the best of both worlds and have more options for how you want to spend your money. So, in order to bring you the best offers, we’ve included cards that work like this in our analysis. Some cards may even offer more than 5% cash back on certain types of purchases.
RAKBANK Titanium Credit Card
RAK Bank Titanium Credit Card is one of the best cashback credit cards in the UAE region. It offers high cashback and other discounts and deals on the credit card.
CBD provides several credit cards to fulfill the various benefits of their customers. Amongst the different credit cards provided, CBD Super Saver Credit Card is one of the best cashback credit cards in the UAE. It offers high cashback on every purchase made using the card. Along with the cashback it also provides travel and movie benefits as well.
CBD Super Saver Credit Card
Earn up to 10% Cashback on your monthly spends with CBD’s Super Saver Cashback Credit Card with the maximum of up to AED 600 per month.
Pros: Why a cash-back card may be worth it?
Cons: Why a cash-back card might not be worth it?
Although all cash-back credit cards may seem the same at a first glance, there can be some subtle yet important differences between them that can have a big impact on how much cash back you earn. So, it’s worth taking a closer look at each card and how it works before making a decision.
Flat rate
These types of cash-back credit cards earn you the same cash back rate for all purchases made.
Bonus categories
Some cash-back credit cards offer an increased earn rate on select spending categories, such as groceries and restaurants.
Flexible bonus cash back cards
Some cards allow you to choose the spending categories on which you’ll earn your bonus rewards. By selecting categories that align with the types of items you buy frequently, you can maximize your cash back rewards.
Common cash-back bonus categories in UAE
The categories that credit cards are placed into by the credit card processing network are essential. This is because many cash-back credit cards will offer extra cash back on purchases made in specific categories. By using a card that offers bonus cash back in the category that a purchase is being made, the consumer can save money.
Knowing the different cash-back categories can allow you to maximize your earnings. Here are some of the most popular merchant categories in UAE,
How cash-back bonus categories work
You can earn cash back at a higher rate when you make purchases in certain categories that merchants refer to as bonus categories.
With so many cash-back credit cards on the market, it can be tough to decide which one is right for you. However, there are a few key factors you should look at when narrowing down your options.
Interest rates
When you’re looking at cash-back credit cards, it’s important to pay attention to the interest rates. Many of these cards have high-interest rates, starting at around 19.99%. If you don’t pay your balance in full every month, you’ll be charged interest, which can negate the benefits of the cash-back rewards.
If you’re not sure you’ll be able to pay off your balance every month, look for a cash-back credit card with a 0% introductory rate or a low ongoing interest rate. That way, you can avoid paying interest on your balance and maximize your rewards.
Annual fee
When it comes to choosing a cash-back credit card, you’ll need to decide if you’re willing to pay an annual fee. Generally speaking, cards with annual fees will offer more cash back and better benefits. However, cards without annual fees may have a lower earn rate, but if you don’t charge much to the card, you could still come out ahead.
Welcome bonus or intro offer
The welcome bonus from most credit cards usually comes in the form of a higher cash-back percentage for a set period of time. For example, if you spend AED3,000, you might get 10% cash back. If two cards have similar earn rates, but one has an excellent welcome bonus, then it’s probably best to take advantage of the promotion.
Bonus categories
The increased earn rate on bonus categories is arguably the most critical factor when comparing cash-back cards. It’s ideal to choose a card that gives you increased cash back on the categories where you do the most spending.
Credit card insurance
Many cash-back credit cards offer various forms of insurance as an added perk.
While helpful, some of these offers occupy the more basic end of the insurance spectrum: rental car insurance, mobile device insurance, and extended warranties on the items you purchase.
Additional benefits
Many cash-back credit cards come with additional benefits that may appeal to you.
Some perks to look out for include
A minimum monthly salary of AED 5,000 can get you a credit card in UAE, Dubai. A little security goes a long way, be it financial or non-financial. Credit cards are one such form of security that comes in handy when you’re in a financial bind. Let’s find out more about credit cards in Dubai & UAE.
Documents Required to Apply
Given below are two tables explaining the basic documents required for both salaried and self-employed individuals in the UAE to get a credit card:
Offline Applying Process
If you wish to apply for a UAE credit card offline:
Online Applying Process
In case you wish to avoid a physical visit and prefer applying from the comfort of your home, you should consider the online mode. To apply for best credit card in UAE online, you have two options.
Option 1:
Your online credit card application will be processed by the bank. Once the bank has verified your documents and credit card application, the credit card will be sent to your address within 7 working days.
Option 2:
If you wish to apply for credit card in UAE without any hassle within a few minutes, you should try our website.
*Before applying for a credit card in Dubai, you are advised to confirm that you meet the following credit card eligibility requirements:
There are plenty of tricks to help you get the most out of your cash-back credit cards. The more tips you adopt, the more cash back you’ll earn. That said, it’s best to only follow the advice that you’re comfortable with.
Apply for a new card ahead of major expenses
Since many of the best cash-back credit cards in UAE have a generous welcome bonus, it’s often worth your trouble to apply for a new card before you make a major purchase.
For example, let’s say you need to renew your home and auto insurance, which will cost you about AED 2,000. You could apply for a cash-back credit card that offers you 10% cash back as a welcome bonus. Then, when you charge your insurance to your card, you’d get AED 200 back.
Keep in mind that many cash-back credit cards have a limit on their sign up offer. If you have a substantial purchase, you could apply for more than one card and split up your purchase to maximize your cash back. However, if you need to pay an annual fee for the new card, it may negate the cash back you earn, so pay attention to the details.
Pay attention to the sign-up bonuses
Welcome offers are always changing, so be sure to check for current promotions before signing up for a credit card. Many credit cards offer generous sign-up bonuses, such as 10% cash back for a set period, or waiving the annual fee for the first year. If you cancel your credit card before the annual fee posts, you can then reapply for a new credit card with a good sign-up bonus.
Carry multiple cards
There’s no harm in having more than one credit card. In fact, it’s the easiest way to maximize your cashback. Start with a primary card that gives you an increased earning rate for your most common expenses. Then compliment that card with a no-fee card that gives you bonus categories for another spending. Whenever you shop, just use the credit card that gives you the most cash back.
Buy gift cards in bonus categories
Two of the most popular merchant categories to earn additional cashback are groceries and gas. Here’s how it works: both grocery stores and gas stations sell gift cards that can be used at many retailers. That essentially allows you to earn extra cash back.
Add supplementary users
Credit cards with supplementary users have a lot of advantages. Everyone on the card earns cash back, which can add up quickly. Also, all of the cashback gets combined into one pool, so you can rack it up even faster.
Use cash-back websites
You simply create an account and select the partner retailers you want to shop through their portal. When you make a purchase, you earn cash back. And if you use a cash-back credit card, you can earn cash back on your purchase twice. So you can get a little money back without much effort.
Most cash-back credit cards have limits on the cash back you can earn. Look at the terms and conditions of your card to find out the rates and limits. Most cash-back credit cards set the limit per category, but they may also lump some categories together. Additionally, the limit would factor in any purchases made by supplementary users on the account.
2. Is cash back from credit cards taxable income?
Most tax experts agree that credit card rewards earned through the use of the card are non-taxable rebates and that you should be fine as long as you spend money to get something.
3. Does cashback count as income?
As a general rule of thumb, credit card rewards earned by spending money are not counted toward taxable income.
4. Is cashback considered interest?
The cashback is not interest and should be declared as other taxable income on the return.
5. Can I transfer money from my credit card to my bank account?
There are four main ways to transfer money from your credit card to your bank account. The first is by visiting a teller at your bank. You can ask the teller to withdraw funds from your credit card and deposit them into your bank account. The second option is to do the same process yourself at an ATM
6. Are cashback cards worth it?
Yes, cash-back credit cards are worth it if you pay off your balance each month. It is also worth noting that the best cash-back credit cards with the highest rewards rates and signup bonuses sometimes have annual fees.
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