What are the criteria for Cashback? - UAE Cashback Card Requirements

Key Takeaways

Cashback credit cards in the UAE typically offer 1-10% cash back on specific spending categories.
Eligibility criteria often include a minimum monthly salary of AED 5,000-30,000, depending on the card.
Emirates Islamic, ADCB, and Emirates NBD are among the top providers of cashback credit cards in the UAE.
Most cashback programs require a minimum monthly spend of AED 3,000-5,000 to activate rewards.
Maximum monthly cashback limits range from AED 200-1,000 per category for most cards.

Understanding Cashback Credit Card Criteria in the UAE

Cashback credit cards in the UAE offer cardholders a percentage of their spending back as a reward. The criteria for these cards typically include:

Minimum salary requirements
Age restrictions
Residency status
Credit score thresholds
Minimum monthly spend requirements

For instance, the Emirates Islamic Cashback Plus Credit Card requires a minimum monthly retail spend of AED 3,000 to activate Cashback. The card offers up to 10% cashback on groceries, education, dining, and telecom expenses, with maximum monthly Cashback limits of AED 200 per category.

Salary Requirements for UAE Cashback Credit Cards

Salary requirements vary significantly across different banks and card types:

ADCB 365 Cashback Credit Card: Minimum salary of AED 8,000 or eligibility for a credit limit of at least AED 15,0004
Emirates NBD Cashback Credit Cards: Range from AED 5,000 to AED 30,000, depending on the specific card9
FAB Credit Cards: Minimum salaries range from AED 5,000 for basic cards to AED 50,000 for premium offerings8

Age and Residency Criteria

Most banks in the UAE require credit card applicants to be:

At least 21 years old
UAE residents with a valid residency visa
Not exceeding 60-65 years of age, depending on nationality.

Credit Score Requirements

While specific credit score thresholds are not always publicly disclosed, a good credit score is essential for approval. The Al Etihad Credit Bureau (AECB) calculates credit scores in the UAE on a scale of 300-900, with higher scores indicating better creditworthiness.

Cashback Rates and Spending Tiers

Cashback rates often increase with higher monthly spending. For example, the Emirates Islamic Cashback Plus Credit Card offers:

0% cashback for monthly spends of AED 0-2,999
3% cashback for spends of AED 3,000-9,999
5% cashback for spends of AED 10,000-17,499
10% cashback for spends of AED 17,500+1

Documentation Requirements

To apply for a cashback credit card in the UAE, applicants typically need to provide:

Valid Emirates ID
Passport copy
Visa copy
Salary certificate or bank statements
Utility bill for proof of address

Self-employed individuals may need to provide additional documentation, such as trade licenses and financial statements.

Factors Affecting Approval

Banks consider several factors when evaluating credit card applications:

Income stability
Existing debt obligations
Length of employment
Overall financial health
Credit history and score

Easiest Banks for Credit Card Approval

While approval ease can vary based on individual circumstances, some banks are known for more lenient criteria:

Mashreq Bank: Offers cards with lower salary requirements
RAKBank: Provides options for those with limited credit history
Emirates NBD: Has a wide range of cards catering to various income levels9

However, it's important to note that "easy" approval should not be the primary consideration when choosing a credit card. Focus on finding a card that aligns with your spending habits and financial goals.

Frequently Asked Questions

Q. What is the minimum salary for a credit card in the UAE?

The minimum salary requirement can be as low as AED 5,000 for basic cards, but premium cards may require AED 30,000 or more.

Q. Can expatriates apply for cashback credit cards in the UAE?

Yes, expatriates with valid UAE residency visas can apply for cashback credit cards.

Q. How long does it take to get approved for a credit card in the UAE?

Approval times vary by bank, ranging from 24 hours to 3-4 days for most applications.

Q. Do I need an existing bank account to apply for a cashback credit card?

Not necessarily. Many banks allow non-account holders to apply for credit cards, provided they meet the eligibility criteria.

How is cashback typically paid out?
Cashback is usually credited to the card account monthly or quarterly, depending on the bank's policy.