A Credit Card per se is nothing but a plastic card that allows you to do the shopping and make the purchases on your travels. As the name suggests, you get the credit to do the spending but you are not supposed to maintain the cash balance in your account. This is the main cause of its popularity and that’s why this card has caught on with the fancy of people around the world. There is just one catch and that is the fact that there is a credit limit within which you can spend. It’s a kind of loan on the move that doesn’t require any sanction or application. There are Credit Card offers in Dubai that one can avail oneself of if one happens to be a denizen of Dubai. If you own a Credit Cardin the UAE, the banks there offer you a line of credit that you can use in making purchases with the condition you pay back the loan during a stipulated period. There are provisions for making minimum payments in the event of delay in repayments, and that’s very common these days. If you are smart enough, you can choose from the best Credit Card offers in Dubai. For that, you need to be on the lookout for Credit Card offers in Dubai. Before you even think about purchasing a Credit Card, you should decide for sure that what the number of purchases you are going to make in a month and what the quantum will be. You need to have a plan in place so that you are never hard-pressed for money when it comes to repayment. If you delay in paying back, there are penal provisions by some banks that you have got to comply with.
It will be a discreet idea to make a comparison between the credit cards in the UAE before you settled down for the card you should apply for. The features of different cards are very different from one another and that calls for a sensible and judicious decision on your part. Some Credit Card companies charge annual fees while others don’t. Each card with its unique benefits comes with some advantages and disadvantages depending on the user. You are just left to your devices to go for the one that suits you to the tee. So, comparison between available options stands supreme. This is a digital world, and you can compare the cards online without any problems. There are only some factors you should bear in mind, such as the following:
- The interest rate should be attractive to you. You can compare the interest rates charged by various card companies and you will settle for the minimum.
- Additional fees are other factors you need to pay attention to. You must read the fine prints to see for sure what are the additional charges apart from the annual fees on the card?
- You have to be eligible for a card with the minimum income that you can furnish the details of. You must be earning at least 5000 dirhams in the UAE to be eligible.
- Look for the rewards and benefits. Before applying for a Credit Card, you should look into the details of rewards and benefits. The higher the better for you. Go for the benefits most suitable to you and you can bunk the rest.