What to Look for When Comparing Free-For-Life Credit Card Offers in the UAE

Jul 24, 2023

What to Look for When Comparing Free-For-Life Credit Card Offers in the UAE
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Let's talk about credit cards, shall we? These little plastic wonders have become a staple in our everyday lives, offering us convenience and flexibility when it comes to managing our finances. Now, in the UAE, free-for-life credit card offers have gained quite a popularity. Who doesn't love the idea of enjoying all the perks of a credit card without having to worry about those pesky annual fees, right?

In this article, we'll help you navigate through the details, compare different features, and find that perfect free-for-life credit card that suits your needs like a glove. Ready to dive in and make an informed decision? Let's get started!


  1. Annual fees and charges
    When comparing credit card offers that claim to be free for life, one crucial factor to consider is whether or not they have annual fees. While some credit cards do waive annual fees for the entire duration of the card, others may have hidden charges or conditions attached. It's essential to carefully review the terms and conditions to ensure complete transparency regarding any associated fees or charges.

  1. Rewards and benefits
    Credit card rewards and benefits can greatly enhance your financial experience. When comparing free-for-life credit card offers, it's important to take note of the rewards programs and benefits they provide. Look for options that align with your lifestyle and preferences, such as cashback rewards, airline miles, loyalty points, discounts, or exclusive privileges at partner merchants.

  1. Interest rates and APR
    Interest rates play a crucial role in credit card management, especially if you anticipate carrying a balance or need access to credit over an extended period. When comparing free-for-life credit card offers, it's important to consider the interest rates and annual percentage rates (APR). Lower interest rates can help you save money on finance charges and make it easier to effectively manage credit card debt.

  1. Introductory offers and bonuses
    Many credit card issuers provide attractive introductory offers and bonuses to entice new customers. These offers can range from bonus reward points to zero percent interest on balance transfers or purchases for a limited period. While comparing free-for-life credit card offers, it's important to evaluate the value and duration of the introductory offers and bonuses to maximize the benefits you can receive.

  1. Additional features and services
    In addition to the basic functionalities, some credit cards offer extra features and services that can enhance your overall experience. Examples include free airport lounge access, complimentary travel insurance, purchase protection, extended warranty, or exclusive concierge services. It's worth assessing these additional features and services when comparing different free-for-life credit card offers.

  1. Eligibility criteria
    Before applying for a free-for-life credit card, it's important to review the eligibility criteria set by the credit card issuer. Factors such as minimum income requirements, employment status, and credit history may impact your eligibility. Make sure you meet the necessary criteria to avoid any potential rejection or negative impact on your credit score.

  1. Customer support and service
    Good customer support and service are crucial when it comes to credit cards. It's important to assess the reputation of credit card issuers in terms of customer satisfaction and responsiveness. Look for reviews and feedback from existing customers to gauge the quality of customer support and service provided by different free-for-life credit card offers.

  1. Online and mobile banking experience
    In today's digital age, the convenience of online and mobile banking cannot be overlooked. Evaluate the online and mobile banking features provided by credit card issuers. Look for features like real-time transaction notifications, easy bill payments, secure account management, and user-friendly interfaces. A seamless online and mobile banking experience can simplify credit card management.

  1. Terms and conditions
    When comparing free-for-life credit card offers, it's important to pay close attention to the terms and conditions. Familiarize yourself with the fine print, including details on interest calculation methods, late payment fees, foreign transaction fees, and credit limit policies. Understanding the terms and conditions will ensure you make an informed decision and avoid any surprises down the line.

  1. User reviews and ratings
    User reviews and ratings provide valuable insights into the experiences of existing cardholders. Check online platforms or forums where customers share their feedback on different free-for-life credit card offers. Consider the overall sentiment, as well as specific aspects that align with your priorities, such as customer service, rewards, or ease of redemption.

  1. Security and fraud protection
    Keeping your credit card secure is incredibly important. Take a close look at the security measures and fraud protection features offered by different credit card issuers. Look out for features like EMV chip technology, two-factor authentication, transaction monitoring, and liability protection against unauthorized charges. Choosing a credit card that puts a high priority on security will give you peace of mind in today's digital world.

  1. Travel benefits and insurance
    If you love to travel, credit cards with travel benefits and insurance coverage can be a real game-changer. Take some time to compare the travel-related perks offered by various credit card options that come with no annual fees. These perks could include travel insurance, access to airport lounges, discounted hotel bookings, or rewards in the form of air miles. Selecting a card that matches your travel needs and offers maximum value can make your journeys even more enjoyable.

  2. Flexibility and accessibility
    Having flexibility and accessibility when managing your credit card is crucial. Consider factors such as the flexibility of the credit limit, how easy it is to transfer balances, acceptance at a wide range of merchants, and global card acceptance. Look for a credit card that offers convenience and flexibility that aligns with your spending habits and preferences. This way, managing your card will be a breeze and suit your lifestyle perfectly.


Best free-for-life credit cards in the UAE


Lulu 24/7 Titanium Credit Card by Emirates NBD

The Emirates NBD Lulu 247 Titanium Credit Card is an excellent choice for expats living in the UAE. Here are some of its key features and benefits:

  • Earn LuLu Points on various spends, including 3.5% on LuLu in-store and online spends, 2% on fuel spends, 1% on utility bill payments, and 0.35% on other spends.

  • Enjoy a welcome offer of 0% interest on balance transfers with no processing fees.

  • Avail special member benefits at LuLu, such as priority checkout, early access to sales and promotions, free shipping on LuLu online, and other exclusive discounts.

  • Benefit from a "Buy 1 Get 1" offer on movie tickets at Reel Cinemas.

  • Access complimentary lounges at over 10 regional airports.

  • Easily redeem LuLu Points at over 70 LuLu stores.

  • The interest rate is 3.25% per month, with a minimum payment of 5% of the outstanding or AED 100, whichever is higher.


Cashback Credit Card by Mashreq Bank

This credit card is another popular choice for expats in the UAE. Here's what you need to know about this card:

  • Earn 5% cashback on dining spends in the UAE, 2% cashback on international spends, and 1% cashback on other local spends.

  • If you are applying for your first credit card with Mashreq, you will receive AED 500. Existing credit cardholders with Mashreq will get AED 100.


Titanium Mastercard Credit Card by RAKBANK 

This card offers attractive cashback and travel-related benefits. Take a look at its features:

  • Earn 5% cashback on all supermarket and dining spends worldwide.

  • Get up to 50% cashback on cinema spends worldwide.

  • Earn 2% cashback on international spends and 1% cashback on all other retail spends.

  • Enjoy complimentary airport lounge access in selected airports.

  • Benefit from travel insurance coverage, including medical emergencies, trip cancellations, and baggage delays.

  • Avail of exclusive dining and lifestyle privileges, such as discounts at partner restaurants and retail outlets.


RTA Credit Card by Emirates Islamic Bank 

Enjoy exclusive benefits and rewards tailored for your convenience:

  • Fuel spends: Get 10% cashback on fuel spends.

  • RTA transport payments: Get 10% cashback on RTA  transport payment.

  • Cashback on other spends: Earn up to 2.25% cashback per AED 1 spend.

  • Nol card: Built-in nol card for easy access and payments on RTA  transport network.

  • Enjoy up to 10% cashback on RTA  transport payments and fuel stations.

  • Nol top-up: Convenient top-up options to recharge your linked nol chip.

  • Auto top-up facility: Activate auto top-up to recharge your nol chip easily.

  • Manual top-up channels: Top-up your emirates islamic RTA  credit card through various channels.

  • Additional benefits: Complimentary Reel cinemas movie tickets, discounts on emaar entertainment attractions, emergency medical and legal referral service, emergency cash and card replacement, extended warranty, and purchase protection.

  • Multiple payment options: Cheque payments, exchange houses, online banking, cash at counter, and cash deposit machines.


LuLu Titanium Credit Card by ADCB 

Experience the card benefits:

  • Annual fees: Nil.

  • Interest payment plan: 0% on school fee payments.

  • LuLu points: Earn up to 3.5 LuLu points per aed 1 purchase.

  • Free shopping at LuLu: Convert LuLu card purchases into free shopping at LuLu hypermarkets.

  • Zero annual fee: Enjoy numerous perks and rewards without any annual fee.

When it comes to comparing free-for-life credit card offers in the UAE, it's crucial to consider various factors to ensure you make the right financial decision. With Banqmart, our relationship officers assist you in comparing an array of credit cards across the best banks in the UAE keeping in mind your unique needs. By assessing the presence of annual fees, rewards and benefits, interest rates, introductory offers, additional features, eligibility criteria, customer support, online and mobile banking experience, terms and conditions, user reviews, security measures, travel benefits, and flexibility, you can make an informed choice. So, trust Banqmart to help you find the perfect free-for-life credit card that aligns with your financial goals and maximizes your benefits.

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