Looking for the best credit cards for NRIs in Dubai? Look no further! This guide will help you find the perfect one for your needs.
If you are an Indian living in Dubai, credit cards can be helpful for everything from booking flight tickets to making purchases. But often, the choice of good NRI credit cards in Dubai is limited. Most banks either do not offer a special NRI credit card or have stopped issuing them.
But don't worry. Today we enlist five of the best NRI credit cards in Dubai currently available in 2024.
How to Choose the Right Credit Card as an NRI in Dubai?
Is this your first time getting an NRI credit card in Dubai? If so, here's a quick checklist of all the factors you should be wary of before picking one:
- Interest rate: Your credit's interest rate refers to the percentage of the amount you will have to pay on top of your due if you do not clear it on time. It's an essential aspect to check before getting any card, because some of Credit Card interest rates can be very high.
- Card fees: Credit cards have many hidden fees associated with them, such as annual fees, joining fees, processing fees, etc. Ask your bank to provide a detailed list of all these card expenses, and read the terms and conditions thoroughly before applying for one.
- Forex markup rate: Almost all credit card has a forex markup rate. This is the amount added by the bank to the existing exchange rate for currency conversion on every foreign transaction. Go for a card with an economical forex markup rate.
5 Best Credit Cards for Indians in Dubai
Here are five of the best credit cards you can use if you are an Indian living in Dubai:
1. Mashreq Solitaire Credit Card
Mashreq's Solitaire Credit Card is one of the best of its kind. It is particularly useful for people looking for NRI credit cards with lucrative lifestyle and travel rewards. It also offers several parking, shopping, and sporting benefits.
- Annual fee: Primary - AED 1,500 + 5% VAT | Supplementary - AED 600 + 5% VAT
- Credit limit: Decided by the bank
- Interest rate: 3.85% per month
- Forex makeup rate: 2.79%
- Minimum salary requirement: AED 25,000
- Rewards:
Get complimentary airport lounge visits to more than 1,000 airport lounges worldwide
Avail 6 complimentary games of golf per billing cycle at UAE's exclusive Golf Clubs at Arabian Ranches, Trump International Golf Club and The Abu Dhabi Golf Club
Get complimentary valet parking at premium locations in Dubai and Abu Dhabi - Phone number - 80072 62325 | Email - info@sanadak.gov.ae
2. Emirates NBD Lulu 247 Titanium Credit Card
The Lulu 247 Titanium Credit Card is ideal for individuals who tend to spend a lot. This card comes with a range of cashback and benefits for travel, dining, and entertainment, and it also has a comparatively cheaper forex markup rate.
- Annual fee: Free
- Credit limit: Decided by the bank
- Interest rate: 3.25% per month
- Forex makeup rate: 1.99%
- Minimum salary requirement: AED 5,000
- Rewards:
Enjoy 0% interest on balance transfers with no processing fees
Get complimentary lounge access to over 10 regional airports
Earn 2% LuLu points on fuel spending - Customer service: Phone number - 600 54 0000 | Email - customersupport@emiratesnbd.com
3. Abu Dhabi Commercial Bank (ADCB) Traveller Credit Card
The ADCB Traveller Credit Card is another great choice for Indians living in Dubai. It's very affordable and includes several rewards that can be enjoyed when travelling, shopping, dining, etc.
- Annual fee: AED 1,050 + VAT
- Credit limit: The minimum credit limit is AED 30,000
- Interest rate: Not mentioned
- Forex makeup rate: 0%
- Minimum salary requirement: AED 20,000
- Rewards:
Get up to 100% cashback as a welcome benefit
Get up to 40% off on brands like BookMyShow, Myntra, and Zomato
Get 2 reward points for every ₹200 spent - Customer service: Phone number - 600 50 2030 | Email - contactus@adcb.com
5. RAKBANK World Credit Card
The RAKBANK World Credit Card is another fantastic option for Dubai NRIs. This card offers multiple benefits and also charges no annual fee in the first year. You also get several varieties of cashback and become eligible to make contactless payments.
- Annual fee: 1st year free, AED 750 per year thereon (no annual fee ever if you spend AED 50,000 or above per year)
- Credit limit: Decided by the bank
- Interest rate: 3.45% per month
- Forex makeup rate: Not mentioned
- Minimum salary requirement: AED 20,000
- Rewards:
Get 2 complimentary airport rides per year
Earn up to 3% cashback on domestic transactions
Get 50% off on movie tickets - Customer service: Phone number - 600 54 4049 | Email - contactus@rakbank.ae
Wrapping Up
Living in a foreign country can feel overwhelming, especially if it's your first time. But with a reliable credit card by your side, it's possible to live fret-free and spend your days without constant stress.
