x Abu Dhabi, UAEWednesday 24 January 2018

Three of the best: credit cards that lighten the blow to your wallet

We look at options which offer benefits such as cashback and no annual fees.

ADIB Cashback Visa Platinum Card

Benefits: There is an unlimited cashback of 1 per cent on all retail purchases with this Islamic card and no annual fee in the first year. After that it is Dh1,000 per year. You also get free access to Dubai and Abu Dhabi airport lounges, travel and roadside assistance and supplementary cards.

Watch out: for A minimum salary of Dh15,000 per month is required for this product.

Mashreq SmartSaver Card

Benefits: No annual fee and get 1.25 per cent cash back on all local purchases and 3.25 per cent on all international purchases. There is also 5 per cent cash back on education fees and utility bills. There is also up to 6.25 per cent cash back at over 200 SmartSaver partner outlets across the UAE.

Watch out: for This is a conventional card

RAKBANK Amal Standard Credit Card

Benefits: Up to 5 per cent cash back on international retail and online transactions as well as cash advances. Cash back of 1 per cent on your total monthly local retail purchases and online transactions, subject to a minimum monthly retail spending of Dh1,000. No annual fee.

Watch out for: The foreign currency charge on overseas transactions is a minimum of 1.50 per cent.