Best Cashback Credit Cards in UAE 2023

Are you tired of spending money without getting anything in return? With the right credit card, you can start earning cashback on all of your purchases. Cashback credit cards are all the rage in UAE and have become a budgeting essential for UAE customers. These credit cards not only offer you money back on every purchase, but they also provide additional benefits such as loyalty points, discounts, coupons, etc. 

 

In this article, we will explore the top cashback credit cards available in the UAE, highlighting their features and benefits to help you make an informed decision.

 

What exactly is a cashback credit card?

A cashback credit card is a type of credit card that rewards cardholders with a cash rebate or a percentage of their spending back in the form of cash rewards. It is the solution you've been searching for! From high cashback rates to exclusive discounts, these cards offer a range of benefits that can help you save money and make the most of your spending. Whether you're a frequent traveler, a foodie, or simply looking to make the most of your purchases, we've got you covered. 

 

So, sit back, relax, and let's explore the top cashback credit cards in the UAE-

 

1. Cashback - Mashreq Bank

Enjoy an exclusive joining bonus with Mashreq's Cash Back Credit Card, you will receive a welcome AED 500 bonus. Don't miss out on this amazing opportunity to get rewarded for joining Mashreq's Cash Back Credit Card!

 

Enjoy unlimited cashback benefits with this offer:

• • 5% cashback on dining spends in the UAE
  • 2% cashback on international spends
  • 1% cashback on other local spends
  • And 0.33% cashback on government payments, utilities, education, charity, fuel, rental, and telecom spends. There are no caps and no complicated calculations - just pure savings, guaranteed!
  • Enjoy 20% cashback at your favorite merchants for the first six months! 

Noon, Talabat, Zomato, Netflix, Du, Etisalat, iTunes, Dubainow.

Financial features:

• • Annual fees: Free for life

  • Minimum salary requirement: AED 5,000

  • Retail interest rate: Enjoy a 3.69% (3.33% for the first 6 months) interest rate on your outstanding balance after a 55-day interest-free period.

  • Foreign currency transactions rate: Take advantage of a 2.79% per month rate on overseas transactions.

  • Balance transfer fees: Transfer your balance with a 1.39% fee of the amount transferred.

  • Purchase protection: Enjoy extended warranty and purchase protection.

 

2.  Simplylife Cashback - ADCB

• • Enjoy free-for-life benefits with this product! 

  • You'll receive 1% cashback on all purchases of at least 1,000 AED, plus two free movie tickets when you spend 1,500 AED. 

  • The minimum salary requirement for this product is 5,000 AED.

 

3. Skywards Infinite - Emirates Islamic Bank

• • Upgrade to Emirates Skywards Silver Membership and enjoy unlimited complimentary lounge access at over 1,000 airports around the world for you and one guest. Plus, you can get up to three Buy 1 Get 1 complimentary Reel movie tickets each month, any day of the week.

  • Enjoy unlimited complimentary golf on weekdays and weekends, and two complimentary valet parking services per month at select locations across the UAE. 

  • Take advantage of the 0% Easy Payment Plan for three months when you purchase your ticket from Emirates to any destination around the world. 

  • Redeem your miles for complimentary flights and upgrades on Emirates and fly Dubai, and get two additional Skywards Miles for every USD 1 spent with ExtraMiles App for hotel bookings, flight ticket bookings, and car rentals through the app.

 

4. Skywards Signature - Emirates Islamic Bank

• • Automatic enrollment in Emirates Skywards Blue Membership grants you unlimited complimentary lounge access at over 1,000 airports around the world.

  • Enjoy up to two Buy 1 Get 1 complimentary Reel movie tickets each month, any day of the week. Plus, you can take advantage of two rounds of complimentary golf per month and one complimentary valet parking service per month at select locations across the UAE.

  • Take advantage of the 0% Easy Payment Plan for 3 months when you purchase your ticket from Emirates to any destination around the world.

  • Redeem your Miles for complimentary flights and upgrades on Emirates & fly Dubai, and get two additional Skywards Miles for every USD 1 spent with the Extra Miles App for hotel bookings, flight ticket bookings, and car rentals through the app.

 

5. Etihad Guest Saqer - Emirates Islamic Bank

• • Fast-track your way to Etihad Guest Silver Tier Status with two categories of spending that will earn you more Miles.

  • Enjoy unlimited 20% Miles back on flight redemptions and upgrades, complimentary airport transfers to and from Abu Dhabi airport.

  • 50% Cashback on Cinema tickets any day of the week, capped at AED 75 per month. Plus, you'll receive two complimentary inflight WiFi Vouchers per membership year.

  • 1 Etihad Tier Mile for every 1 USD or equivalent spent internationally on non-AED currency. Up to 15,000 Tier Miles per membership year, 0% Easy Payment Plans on Etihad Purchases up to 6 months.

  • Unlimited complimentary lounge access at over 1,000 airports around the world for the Card member.

  • Two rounds of complimentary golf per month, and one complimentary valet parking service per month at select locations across UAE.

 

6. Etihad Guest Ameera - Emirates Islamic Bank

• • Fast-track to Etihad Guest Silver Tier Status with two categories of spending to earn more Miles! 

  • Enjoy unlimited 20% Miles back on flight redemptions and upgrades complimentary airport transfers to or from Abu Dhabi airport.

  • 50% Cashback on Cinema tickets any day of the week, capped at AED 75 per month. Plus, receive two complimentary inflight WiFi Vouchers per membership year.

  • 1 Etihad Tier Mile for every 1 USD or equivalent spent internationally on non-AED currency (max 15,000 Tier Miles per membership year). 

  • 0% Easy Payment Plans on Etihad Purchases up to 6 months.

  • Unlimited complimentary lounge access at over 1,000 airports around the world for the Card member.

  • Two rounds of complimentary golf per month and one complimentary valet parking service per month at select locations across UAE.

 

7. Cashback Plus - Emirates Islamic Bank

• • This RTA NOL Chip offers a convenient way to pay for your travels on the RTA transport network. 

  • It also features an auto top-up facility for Salik and NOL accounts, granting you access to the luxurious Gold Class cabin on the Dubai Metro. 

  • Furthermore, you can enjoy unlimited complimentary access to over 1,000 airport lounges worldwide. As an added bonus, you can also get up to two Buy 1 Get 1 complimentary Reel movie tickets each month, any day of the week. And if that wasn't enough, you can also enjoy two rounds of complimentary golf per month.

 

Things to consider while comparing credit cards

From getting amazing deals on travel expenses to earning rewards for every eligible purchase, there are a variety of credit cards available to suit different needs. 

 

Spending needs: Analyze your spending habits and patterns to determine which card is best for you. If you are a frequent traveler, look for a card that offers discounts on hotels, airlines, or other travel expenses. If you spend more on groceries and other retail purchases.

 

Rewards and benefits: Some credit cards offer reward points for eligible retail purchases, which can be redeemed for gift vouchers, cash rebates, staycation bookings, and more. 

Annual fees and other charges: Credit cards may have different annual fee structures and charges. Some may not charge an annual fee when you reach the minimum spending requirement for that year, while others may offer lucrative rewards despite a higher annual rate.

By using a cashback calculator, you can input your estimated monthly spending across various categories and determine which credit card offers the best cashback rewards for your specific needs. 

 

Things to consider before getting a cashback credit card in the UAE

Before getting a cashback credit card in the UAE, it is important to consider the following aspects;

Comparison: Banqmart allows you to compare cashback credit cards from different banks and credit card providers in the UAE. This makes it easy to compare different cards based on their features, rewards, fees, and other factors.

 

Deals: Banqmart's dedicated relationship officers will help you to get the best deals,This can be helpful in making an informed decision.

 

Application: Banqmart allows you to apply for a cash back credit card online, which can save you time and effort. The online application process is easy and can be completed quickly.

 

Information: Banqmart provides up-to-date information on cashback credit cards in the UAE, including their terms and conditions, fees, and rewards programs. This can help you make an informed decision when choosing a cashback credit card.

 

It's important to consider what is most important to your spending habits and long-term financial objectives when deciding on the right cashback credit card in the UAE. With Banqmart’s help, it's easy to compare credit cards across various categories and discover which one works best for your personal needs.