From this month, I am starting a new series of posts – Best Credit Cards in UAE. In this post, I will cover the best sign-up bonuses, any good offers etc. I will try to update this list every month of two months as needed.
FAB Etihad Guest Infinite Credit Card
FAB is offering a whopping 235,000 miles if you sign-up for Etihad Guest Infinite Credit Card before August 31, 2019. I had written full details about the product here.
The bonus miles are split into two parts – you get 115,000 miles without any conditions. For the remaining 120,000 miles, you need to spend at least AED 100,000 within 6 months.
The credit card has an annual fee of AED 2,500. It is free for the first year. However, it is mandatory to pay the annual fee if you discontinue the card before the second year.
I value Etihad miles at least AED 0.05. Therefore, it is one of the best sign-on bonuses available.
The credit card earnings are solid but not spectacular. Per AED 10, you get 4.5 miles on domestics spend, 6 miles on international spend and 9 miles on Etihad.
Dubai Islamic Bank Consumer Platinum Credit Card
My application for this credit card was rejected. I hope you are lucky.
This is a simple credit card with no annual fee. You get 4% cashback on spends in the following categories
- Supermarket & Hypermarket
- Telecom payments
- Utility bill payments
- Auto servicing
- School fees
- Other government charges (Salik, nol)
Each category has a maximum cap on cashback which was big enough for an individual user. That is it. No minimum spends and no other onerous terms and conditions. To make this card more attractive, it offered 50% cashback on all movie ticket spends (maximum of AED 250). This cashback was available across all cinema brands.
The best way to use it will be in conjunction with a premium credit card that does not give full reward points on spends like utility, groceries etc.
HSBC CashBack Credit Card
Like the aforementioned credit card, this is also a straightforward credit card. The key benefits are
- 10% cashback on fuel spends
- 3% cashback on supermarkets
- 1% on all other spends
- Complimentary HSBC Entertainer App
- BOGO on Vox Cinemas
The card is free for first year and can be renewed for no fee if annual spend exceeds AED 12,000.
The reason I am highlighting this card is because of a promotional offer. If you apply online, you receive AED 300 cashback on the card. The promotion ends Aug 12, 2019.
Are you aware of any other promotional offers on credit cards? Please let us know.