Shopping, Retail News & Press Release Distribution Services
GroupWeb News Network
Submit RSS Feed
Submit Press Release
Unlimited Press Release Distribution
News Media List
MSNBC Retail News
New York Times
Retail Technology Review
Special Retail Report
Women's Wear Daily
RSS News Feed
Get your news feed listed here as other news media shown above!
Submit RSS News Feed
Retail, Shopping News Releases
Search retail news:
A Checklist for Selecting the Best Credit Card in UAE
, September 15, 2023 ) DUBAI, UAE – (ARAB NEWSWIRE) -- From paying for everyday purchases to getting some extra cash for financial emergencies, a credit card offers a convenient way to handle one’s finances. Several types of
are available on the market, but with so many options, narrowing down and choosing the most suitable credit card can sometimes be daunting.
So, how can one choose a credit card that suits their needs? One way to do so is by analyzing their spending habits and lifestyle needs and knowing how they would want to use a credit card. Next, an individual may research and compare credit cards and choose the suitable one according to their spending needs.
How to Select the Best Credit Card in UAE
Below is a checklist for selecting the most suitable credit card and some things an individual must keep in mind before applying for one:
1. Spending Habits
If an individual frequently travels, choosing a travel credit card that offers benefits like free lounge access, discounts on flight tickets, priority privileges, etc., can be an ideal choice. On the other hand, if an individual likes to indulge in shopping, entertainment, or fine dining, a credit card that offers discounts and rewards can be a better choice. Alternatively, a cashback credit card can benefit an individual who wants a percentage of cashback on every eligible retail purchase. Hence, how an individual plans to use a credit card influences their choice of a credit card.
2. Annual Fees
Most credit card companies charge an annual maintenance fee. Some credit card companies may waive these charges in the first year and may even continue to do so in the following years if the individual reaches the minimum spending limit for that year. Credit card companies may levy other fees and charges, such as joining fees, renewal fees, ATM withdrawal fees, international transaction fees, over-limit fees, etc.
3. Annual Percentage Rate (APR) Charged
Credit card companies allow individuals to borrow cash, apply for loans, and convert large purchases into smaller monthly installments while charging an Annual Percentage Rate (APR) on the borrowed funds. Individuals who fail to pay the outstanding balance in full or in part will also be charged an Annual Percentage Rate (APR). The cost of borrowing or the Annual Percentage Rate (APR) represents the yearly interest levied on the borrowed funds. Annual Percentage Rate (APR) generally ranges from 0.75%-3.5% per month based on the chosen credit card.
4. Rewards and Benefits
Most credit cards offer rewards and benefits like air miles, bonus points, cashback offers, reward points, etc to cardholders on eligible retail purchases. To reap the maximum benefits of a specific card, applicants should select a credit card based on their spending habits. Cardholders should also take note of rewards criteria like minimum spending requirements and eligible transactions to maximise the benefits of their credit cards.
Before choosing a credit card, people must know why they might want a credit card and then look for one that meets those needs. As credit card bills only come at the end of a cycle, individuals may not feel the pinch at the point of the purchase and hence, may tend to overspend or get into debt. Still, when used wisely, it can be a valuable and rewarding financial tool. Different credit cards cater to the various spending and lifestyle needs of customers. Hence, customers must choose the right card by referring to the above checklist to fully enjoy its features and benefits. Interested customers can
apply for credit cards online
from the official websites of banks or credit card companies.
iQuanti ignites powerful and predictable digital marketing performance for global brands with an approach rooted in data science and deep vertical knowledge.
Opinions, analyses, reviews, or recommendations expressed in this article are those of the select editorial staff alone and have not been reviewed, approved, or otherwise endorsed by any third party.
Retail News by Sector
Sign-Up To Our Free Newsletter!
Shopping and Retail NewsWire
Retail RSS Marketpalce
Target Press Releases
News releases from Target. Second retail giant in America.
Free Food & Beverage Magazines and Downloads
Get free publications including magazines, white papers about the food and beverage industry.
Submit RSS news feed on Retail, Shopping
Have your feed on news, products or services displayed under this marketpalce. The feed also displayed on a full page and updated daily.
Add RSS feed Now!
Shopping-Newswire is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.
For unlimited press release distribution for $99 per month or $999 per year, call (281) 645-4086 or start posting your press releases online at
Copyright 2009 GroupWeb Media LLC
GroupWeb Media Network
Food Beverage News
- Newswire and Press Release service of GroupWeb Media LLC