Best Cashback Credit Card in UAE

  November 12, 2024    

Banks in the United Arab Emirates provide their customers with a variety of credit card benefits and incentives. One such reward program is cashback, in which the cardholder receives just a small amount of the purchases made with the credit card. Most banks provide credit back to the card account; some of which allow the cardholder to be given a choice between cash discounts, air miles, and other products and services. Money back can be given monthly or in a year according to the policy of the bank. Below are the five best cashback credit cards in uae that Karz.ae suggests to assist you in making the right choice.

Top 5 Cashback Credit Cards in the UAE

  • Mashreq Cashback Credit Card
  • FAB Cashback Islamic Credit Card
  • Abu Dhabi Commercial Bank (ADCB) Cashback
  • ADIB Cashback Visa Covered Card
  • CBD Super Saver Credit Card

1. Mashreq Cashback Credit Card

Mashreq bank is one of the best cashback credit cards that provides a variety of credit card options that give perks for everyday costs like dining, entertainment, and energy bills, as well as for international travel, VIP treatment, and much more.

Key Benefits:

  • 5% Cashback on dining expenditures, both domestic and foreign.
  • 2% Cashback on other foreign expenditures. 0.33% Cashback on government payments, utilities, charitable, educational, rental, and telecom expenditures.
  • 1% Cashback on all other UAE expenditures.

Charges & Fees:

  • Islamic Annual Cost: Lifetime Free
  • Interest Rate Per Month: 3.85%

2. FAB Cashback Islamic Credit Card (for Expats)

However, the FAB bank Islamic Cashback Credit Card is one of the best cashback credit cards with high cashback on groceries, fuel, and utility bills along with several other credit cards that have various kinds of rewards.

Key Benefits:

  • Receive 5% cashback on both online and offline grocery purchases, given in the shape of commensurate incentives. For every AED, earn 17 prizes.
  • Earn 3% in cashback on your tuition, given in the shape of commensurate incentives. For every AED, earn ten prizes.
  • Receive 3% in cashback when you eat, given in the shape of commensurate incentives. For every AED, earn 0.5 prizes.
  • Receive cashback of 0.15% on every other AED purchase, given in the shape of commensurate incentives. For every AED, earn 0.5 prizes.
  • Receive 1% cashback on purchases that aren't in AED, given in the shape of incentives.
  • For every AED, earn 3.5 prizes. Get two movie tickets at Reel Cinemas and Cine Royal Cinemas each month for AED 20. Save 20% on drinks and food.
  • Receive 10% cashback when you book a hotel. Gain unrestricted access to ten airport lounges for free.
  • Get 20% off Talabat meal and grocery delivery when you use the coupon code "MASTERCARD."

Charges & Fees:

  • Annual Charge: 300 AED
  • Rate of Monthly Profit: 3.85%

3. Abu Dhabi Commercial Bank (ADCB) Cashback

Credit Card The ADCB bank Cashback Credit Card is easy and simple for the customer and is perfect for those who focus on the basic essential spending categories without any complex rewards program to worry about.

Key Benefits:

  • 3% Cashback on Salik, telecom, utilities, and fuel
  • 6% cashback on meals, including those ordered online
  • On groceries, get 5% cashback.
  • 1 % percent cashback for any other retail expenditure
  • 365 AED as a welcome incentive
  • At the UAE's VOX Cinemas, purchase one and receive one free movie ticket.
  • 1,000 AED Cashback of up to AED 1,000 every month

Charges & Fees:

  • No Yearly Charge: for the initial year

4. CBD Super Saver Credit Card

CBD bank offers its clients several credit cards to meet the needs of the different services they offer. Out of these, the CBD Super Saver Credit Card is among the best cashback credit cards in the UAE. It provides an option for the best cashback for every transaction done through that particular credit card.

Key Benefits:

  • Receive a 1000 AED welcome bonus.
  • 10% cashback can be earned on retail purchases, such as utility bills.
  • 10% cashback is available on tuition, university fees, college fees, and school expenses.
  • Can get 10% cashback on purchases in the grocery store, gas station, and transportation.
  • Can take advantage of free valet parking services
  • Get free access to airport lounges worldwide.
  • Offers travel insurance for multiple trips.
  • Offers protection for purchases.

Charges & Fees:

  • Annual Fee: First Year Free
  • Profit Rate Per Month: 3.85%
  • The required minimum salary is AED 5000.

5. ADIB Cashback Visa Covered Card

ADIB bank provides its cardholders with cash-back cards for repaying for the use of cards. They offer various cashback cards and among those, the most prominent can be considered the ADIB Cashback Visa Covered Card with the cashback given on every utilization of the card.

Key Benefits:

  • 4% cashback on everyday transactions made with the credit card
  • Receive 4% cashback when you spend money on groceries, supermarkets, gas and cars, school fees, dining establishments, and utility payments.
  • Free on-road support
  • You can withdraw cash up to the full card limit.
  • A monthly payment grace period of up to 55 days
  • Four more cards are free of annual fees.

Charges & Fees:

  • Annual Charge: AED 99 Profit Rate per Month: 3.75%

Why Choose Karz.ae for Finding the Best Credit Card in UAE?

Karz.ae has made it simpler for you to choose a credit card when you're in the United Arab Emirates. Our platform facilitates your decision in the following ways:

  1. Up-to-date Information: As credit cards and their associated offers are always evolving, we ensure that our clients are provided with the most up-to-date and accurate information possible.
  2. Tailored Recommendations: Karz.ae also offers guidance as per the spending patterns to select the card that enables you to earn the best rewards.
  3. Comparison Tools: To assist consumers with comparing various cards according to the benefits offered and the terms, head to our Compare Now section.

Factors to Consider When Choosing a Cashback Credit Card in the UAE

Take these things into account while selecting the ideal cashback card for your requirements:

  • Spend requirement– Some of the cards have conditions where the cardholder must spend a certain amount to qualify to get the cashback or rebate given. Ensure that you go through the spending eligibility criteria before applying for the cashback credit card.
  • Upper Limits – Similar to the minimum spend criteria, most of the banking facilities also have a certain maximum limit on the amount of cash back on a card or certain category limitations. These have to be approached, with much care lest they bring about disagreement with the bank.
  • Fine Print – Read the fine print. Is the cashback offered to be used for any or is it an exclusive list of stores that the client has to work through? Can you make the offer avail a cashback jointly? Not all the transactions will be allowed to be utilized for cash back.
  • Validity – The cashback that may be offered can contain validity. Use up the earnings through the cash back for receipt before the expiry of the validity period.

Conclusion

When it comes to utilizing best credit card cashback options in the UAE, the selection of the correct credit card differs drastically. There are Mashreq Cash Back Card, FAB Cash Back Islamic Credit Card, ADCB Islamic Cash Back Credit Card, CBD Super Saver Credit Card & ADIB Cash Back Visa Covered Card; all of these have different and specific features or advantages according to the spending pattern of the holder. It means that all inhabitants of UAE and all foreign guests will be able to choose the most suitable credit card for their repayment and any bonus for every purchase with the help of information and comparison created by Karz.ae.