Minimum Salary Requirement For A Credit Card In UAE
To get a credit card in the United Arab Emirates, your monthly salary should be 5000 AED. And this is not the requirement of a single credit card company, it is the requirement of all credit card companies in UAE, here are some examples:
- Emirates NBD IDED Go
- ADCB Conventional Credit Card
- FAB Infiniti Credit Card
- RAKBANK Classic Credit Card
- Mashreq Titanium Credit Card
To avail these credit cards, your salary should be minimum 5000. And some premium credit cards have more salary requirements like 7000 AED or 10,000 AED.
So, will I not be able to get a credit card with my 4000 salary? Let’s know below.
Can I Get a Credit Card on 4000 AED Salary in UAE?
Although, to get a credit card in UAE, your salary should be minimum 5000 AED. But still, you can get a credit card with a 4000 AED Salary by following the trick mentioned below.
Before that, let’s know what are the requirements to get a Credit Card In United Arab Emirates:
Eligibility Criteria to Get a Credit Card in UAE
Every bank in UAE has different eligibility criteria and requirements for credit cards, here are the common criteria to get a Credit Card in UAE:
Minimum Salary
I have just told you about this above, your salary should be a minimum of 5000 Dirhams.
Minimum Age
In other countries, you can get a credit card after turning 18, but this doesn’t work in UAE. In most banks, You must be 21 to 65 years old to get a credit card in United Arab Emirates.
But still, a few banks offer credit cards at the age 18.
Credit Score
Your credit score plays the most important role in your credit card approval. If your credit score is above 700, there is a high chance that your credit card will be approved quickly.
If your credit score is between 540 and 600, then your chances of approval are medium.
Documents Required For Credit Card In UAE
Here are some must-need documents for getting a credit card in United Arab Emirates:
- Valid Proof of living in UAE
- Emirates ID
- Proof of Income
- Copy Of Passport
- Last 3 months bank statement
And some banks may ask for some other documents as well.
How to Apply for a Credit Card in UAE on 4000 Salary?
Sorry, if your per month salary is less than 5000 dirhams, then you cannot get a credit card in UAE.
But I said Yes in the above sections because I have found some better alternatives to credit cards for you with 4000 AED Salary. And these are very similar to credit cards:
1. Get a Prepaid Card
Get a Prepaid Card Instead of Credit card in 4000 AED
Instead of credit card, you can also use prepaid card, the difference between these two is:
With a prepaid card, you will have to recharge money in advance, and then you can use that amount anywhere while shopping, etc.
With a credit card, you can spend up to the maximum allowed amount, but you will have to pay the bill later.
Therefore, I prefer prepaid cards over credit cards with my salary of 4,000 AED. And there will be no minimum salary requirements to avail it.
2. Get a Debit Card
The debit card will also be the best option for you; It is linked to your bank account. And whenever you make a payment, the amount is deducted directly from your bank account.
So, a Debit card can help you stick to your budget. And there will be no salary requirement to get a Debit card.
And I have also decided to take a debit card with my 4000 AED salary, so that I can make payments conveniently with one swipe or tap.
3. Wait for salary to increase
If you want to take only a credit card and don’t like these alternatives, then this is the only option now. You will have to wait till your salary increases.
When your salary increases from AED 4000 to 5000, you can apply for a credit card.
IMPORTANT: Before taking a credit card, read the section below once.
Should you get a Credit Card in UAE with a salary of 4000 AED?
 |
| get a Credit Card in UAE with a salary of 4000 AED |
You should not take a credit card if your salary is 4000, 3000, or 2000 AED per month. And even if your salary is 5000 AED, you must know how it works before applying for the card.
Credit cards help you in managing your finances and making purchases. But you must pay your bills on time and also learn to control your expenses.
Do not get trapped in Credit Card Debt in UAE; It’s very punishable! Focus on saving money
Credit Card Fees & Charges In UAE
The UAE’s credit card fees and charges depend on your bank and card type. These are some standard fees and charges:
Annual Membership Fee: You have to pay a charge for the card every year; the fees will depend on your card type.
Interest Rate: If you do not pay the credit card bill, interest will be charged on it, which can range from 2.5% to 4.5%.
Cash Withdrawl fees: If you withdraw cash from your credit, you will have to pay a fee for that too. Generally 3% fee is charged.
Foreign transaction fee: If you make payment in any other currency other than AED, then fees are also charged for that.
Late payment fee: If you have paid the credit card bill late, you will have to pay a penalty fee.
If you want to know about the fees and charges of your specific card, you will have to talk to your credit card company.
Which Credit Cards Are Available in 4000 AED Salary?
As I mentioned above, no company gives credit cards with a salary of 4000 AED. So you will have to wait for your salary to increase up to 5000 AED to get a credit card.
Here are some of the best Credit Cards in UAE with 5000 Salary Requirement:
- Emirates NBD Cashback Credit Card
- CBD Now Visa Signature Credit Card
- Mashreq Cashback Credit Card
- Citi Simplicity Credit Card
- ADIB Value +Plus Card
Types of Credit Cards in United Arab Emirates
There are many types of credit cards in UAE, which have different benefits. Here are some credit card types I’ve seen before:
Travel Credit Cards: These cards are useful for travelers and provide benefits like airport lounge access, travel insurance, and travel-related bonus points.
Rewards Credit Cards: With the help of this card, you can get points, miles, and cashback on your purchases.
Cashback Credit Cards: Whenever you purchase something from this card, it will earn you some percentage of your purchase price.
Shariah-Compliant Credit Cards: These cards are for Muslims who follow Islamic principles. They do not charge interest on outstanding balances, but only charge an annual fee and a flat fee on each transaction. That’s why this is my favorite credit card in the UAE.
Frequently Asked Questions (FAQs)
What’s the Minimum Salary requirement for ADCB credit card?
To get an Abu Dhabi Commercial Bank (ADCB) regular credit card, your minimum monthly salary should be 5,000 AED.
Each ADCB credit card has different salary requirements, like your salary should be 15,000 AED per month to get a ADCB TouchPoints Platinum Credit Card.
Can I Get DIB Credit Card on 4000 AED Salary?
No, you will not be able to get Dubai Islamic Bank (DIB) credit card on a salary of 4000 AED. To get their credit card, your salary should be 5000 Dirhams.
If your salary is not 5000 Dirhams, then you can also try the alternatives mentioned in this article above.
Can I apply for a student credit card in UAE?
No, there are no credit cards available for students in United Arab Emirates. If you are a student, then you can take regular credit cards.
But I will recommend getting a debit card instead of a credit card in UAE as a student.
Conclusion
Earning a salary of 4000 AED does not permit you to obtain a credit card in the UAE; nonetheless, you can consider alternatives such as prepaid or debit cards.
If your salary reaches 5000 Dirhams, you will be able to apply for a credit card, which necessitates certain documents that I have detailed in this article.
Once you secure a credit card, it is important to learn how to manage it effectively to avoid accumulating debt.
If you have any questions related to credit cards for individuals with a salary of 4000 AED in the UAE, please leave a comment below, and I will respond as soon as possible.
Thank you for visiting our blog. Don't forget to leave a comment below for a chance to win PayPal balance.
Your feedback is important to us, and we appreciate your engagement with our content. Have a great day and good luck in the giveaway!
