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Best Credit Card Offers for Holiday Season in UAE
United Arab Emirates is one of the richest countries in the world. And of course credit cards become more and more popular there as the customers realize their advantages. Today the credit card market is developing there as more and more credit card offers become available to the credit card users. The competition between credit card companies is growing in Dubai, especially now during the holiday season.
Credit card companies do their best to attract more and more customers and create amazing credit card offers for them!
There is no doubt that cash back credit cards are extremely popular among the cardholders all over the world, United Arab Emirates is not the exception! It feels really good to earn while you spend! If you owe a cash back credit card, you can be sure that you will get a percentage of the amount you spend back.
Today cash back credit card make up 10% of all credit cards on the market with an average interest rate on purchases about 0,72%! Isn't that amazing? As you probably know the average interest rate in The United States is about 19%, so 0,72% sounds like a nice credit card deal!
All major credit card companies in Dubai prepared nice presents for their customers: if they use their credit cards during this holiday season, they will be able to get nice surprises next Christmas! So the credit card users can be sure that Christmas 2008 will bring them some nice presents and benefits!
The most beneficial cash back credit cards for the credit card users this holiday season are issued by American Express. The owners of these cards can get 5% cash back for the first three months; it is more than the leader of the market Capital One is offering! The owners of Capital One credit cards will be able to get 4% back for the same period.
MasterCard also offers 4% cash back for all purchases made in United Arab Emirates and abroad!
This holiday season credit card usage has become more comfortable for the Arabian consumers, now they can use PayPass contact-less payment feature offered by MasterCard. This is really a remarkable achievement for the credit card market in United Arab Emirates as now credit card holders can simply tap and go when they make purchases under Dh100!
Today more than 80,000 merchant outlets accept contact-less credit cards all over the world. There are over 20 million PayPass cards and devices all over the world and now they have appeared in Dubai too. Now the credit card users in UAE will be able to use this comfortable, safe and fast method of payment as well.
The consumers in Dubai feel really optimist about this new feature of credit cards. They believe that now credit card usage will be much faster and easier for them. According to the survey, 89% of credit card users in Dubai believe that the year 2008 will bring them even more surprises and credit card companies will provide them with even greater credit card offers!
ARTICLES about Credit Cards | >> View all Articles
American Express Travel
October 24, 2008
American Express continues to please its loyal customers with exclusive card offers for frequent travel rewards. Its latest product, co-branded with Delta Airlines, comes with a catchy "Delta Reserve Credit Card" name and aims at wealthy and creditworthy customers looking for incomparable travel experience. It cannot be referred to as a cheapest deal among the rewards type, but the price for the outstanding benefits and additional programs is more than acceptable.
The $450 annual fee and a competitive APR on purchases and balance transfers are charged for the exclusive access to the 24-hour Concierge Service, SkyMiles account rewards program and extended credit line. If you think you can find something better online, take a minute to read further and ascertain that American Express has not been overtopped.
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Pre Approved Credit
October 07, 2008
If you hold a valid FICO score with at least one national credit reporting agency, you are very likely to receive a pre approved bank card offer in the mail. But among the 3% of recipients completing and returning the application, only some 1.5% if not less actually get approved. Why is that and what are you required of to qualify for that enticing card offer sent by a major bank?
Most people think if they've been pre approved, there will be no hassle going through the formality of the application process. Now they don't have to spend hours searching and comparing products online to find the only right variant. Hardly anyone knows how the bank chooses a potential customer and what eligibility requirements it will use to finally approve or reject your application.
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Credit Cards at College
September 26, 2008
Though a standard unsecured student credit card is available to high schoolers nowadays, it is at college that young people make their first financial decision independently from parents. The first responsibility comes with the need to choose the right plastic from a great spectrum of equally attractive offers.
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